v3.26.3
STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities    
Net income $ 423 $ 320
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 374 348
Deferred income taxes 33 24
Allowance for equity funds used during construction (44) (20)
Provision for bad debts 7 6
Changes in operating assets and liabilities:    
Accounts receivable (44) (66)
Accrued unbilled revenues (18) (45)
Inventories (61) (51)
Prepayments and other 178 98
Accounts payable 72 40
Net regulatory assets and liabilities (39) (16)
Other current liabilities 23 (125)
Pension and other employee benefit obligations 0 (2)
Other, net 1 4
Net cash provided by operating activities 905 515
Investing activities    
Utility capital/construction expenditures (1,538) (1,106)
Investments In Utility Money Pool Arrangement (105) (322)
Repayments from utility money pool arrangement 105 322
Net cash used in investing activities (1,538) (1,106)
Financing activities    
Repayments of short-term borrowings, net (220) (145)
Proceeds from issuance of long-term debt, net 1,186 493
Borrowings under utility money pool arrangement 425 518
Repayments under utility money pool arrangement (487) (525)
Capital contributions from parent 800 563
Dividends paid to parent (176) (271)
Net cash provided by financing activities 1,528 633
Net change in cash, cash equivalents and restricted cash 895 42
Cash, cash equivalents and restricted cash at beginning of period 9 14
Cash, cash equivalents and restricted cash at end of period 904 56
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (103) (100)
Supplemental disclosure of non-cash investing and financing transactions:    
Accrued property, plant and equipment additions 307 132
Inventory transfers to property, plant and equipment 53 73
Allowance for equity funds used during construction $ 44 $ 20