v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 142 $ 128
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation and amortization 95 89
Deferred income taxes and investment tax credits, net 46 19
Allowance for equity funds used during construction (17) (12)
Transmission revenue collections, net 24 29
Changes in current assets and liabilities-    
Receivables 6 18
Prepaid taxes and other current assets 22 1
Accounts payable 15 32
Accrued taxes (83) (62)
Accrued interest (19) 2
Other current liabilities (3) 0
Other 6 (1)
Net cash provided from operating activities 234 243
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital investments (309) (287)
Loans with affiliated companies, net 80 (11)
Asset removal costs (34) (24)
Other 2 (1)
Net cash used for investing activities (261) (323)
New financing-    
Short-term borrowings, net 75 130
Distribution payments (50) (50)
Other 0 (1)
Net cash provided from financing activities 25 79
Net change in cash and cash equivalents (2) (1)
Cash and cash equivalents, at beginning of period 8 8
Cash and cash equivalents, at end of period 6 7
Significant non-cash transactions:    
Accrued capital investments $ 153 $ 108