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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income (Loss) $ 1,079 $ 912 $ 1,348
Adjustments to reconcile net income to net cash from operating activities-      
Gain on disposal, net of tax (Note 3) (76) (59) (435)
Depreciation and amortization 1,199 1,217 1,384
Pension trust contributions 0 (500) (1,250)
Retirement benefits, net of payments (301) (108) (137)
Pension and OPEB mark-to-market adjustment 477 676 144
Deferred income taxes and investment tax credits, net 113 252 485
Asset removal costs charged to income 36 28 42
Settlement agreement and tax sharing payments to the FES Debtors (978) 0 0
Changes in current assets and liabilities-      
Receivables (129) 271 (248)
Materials and supplies (32) (37) 24
Prepaid taxes and other 6 10 (61)
Accounts payable (138) (49) 109
Accrued taxes 159 12 0
Accrued interest 33 6 (25)
Accrued compensation and benefits 97 (60) 37
Other current liabilities (16) (21) (121)
Other (106) (83) 114
Net cash provided from operating activities 1,423 2,467 1,410
New financing-      
Long-term debt 3,425 2,300 1,474
Short-term borrowings, net 1,200 0 950
Preferred stock issuance 0 0 1,616
Common stock issuance 0 0 850
Redemptions and repayments-      
Long-term debt (1,114) (789) (2,608)
Tender premiums paid on debt redemptions 0 0 (89)
Preferred stock dividend payments 0 (6) (61)
Common stock dividend payments (845) (814) (711)
Other (59) (35) (27)
Net cash provided from financing activities 2,607 656 1,394
CASH FLOWS FROM INVESTING ACTIVITIES:      
Property additions (2,657) (2,665) (2,675)
Proceeds from asset sales 2 47 425
Sales of investment securities held in trusts 186 1,637 909
Purchases of investment securities held in trusts (208) (1,675) (963)
Notes receivable from affiliated companies 0 0 (500)
Asset removal costs (224) (217) (218)
Other (7) 0 4
Net cash used for investing activities (2,908) (2,873) (3,018)
Net change in cash, cash equivalents and restricted cash 1,122 250 (214)
Cash, cash equivalents, and restricted cash at beginning of period 679 429 643
Cash, cash equivalents, and restricted cash at end of period 1,801 679 429
SUPPLEMENTAL CASH FLOW INFORMATION:      
Non-cash transaction: beneficial conversion feature 0 0 296
Non-cash transaction: deemed dividend convertible preferred stock 0 0 (296)
Interest (net of amounts capitalized) 970 960 1,071
Income taxes, net of refunds $ 6 $ 12 $ 49