v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 424 $ 448
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation and amortization 290 271
Deferred income taxes and investment tax credits, net 111 7
Allowance for equity funds used during construction (56) (42)
Transmission revenue collections, net 54 124
Gain on PATH-WV liquidation (Note 1.) (4) 0
Changes in current assets and liabilities-    
Receivables 19 16
Prepaid taxes and other current assets 5 (23)
Accounts payable 4 23
Accrued taxes (81) (49)
Accrued interest (12) 10
Other current liabilities (3) (1)
Other 3 11
Net cash provided from operating activities 754 795
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital investments (1,132) (1,083)
Loans with affiliated companies, net 62 (110)
Asset removal costs (97) (84)
PATH-WV liquidation distribution (Note 1.) 21 0
Other (3) (4)
Net cash used for investing activities (1,149) (1,281)
New financing-    
Long-term debt 425 1,475
Redemptions and repayments-    
Long-term debt (75) (625)
Distribution payments (150) (150)
Other (3) (13)
Net cash provided from financing activities 387 666
Net change in cash and cash equivalents (8) 180
Cash and cash equivalents, at beginning of period 8 8
Cash and cash equivalents, at end of period 0 188
Significant non-cash transactions:    
Accrued capital investments 147 117
Affiliates    
New financing-    
Short-term borrowings 66 0
Redemptions and repayments-    
Short-term borrowings (1) (1)
Non-affiliates    
New financing-    
Short-term borrowings 125 0
Redemptions and repayments-    
Short-term borrowings $ 0 $ (20)