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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 393 $ 383
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation and amortization 831 602
Deferred income taxes and investment tax credits, net 176 3
Retirement benefits, net of payments (209) (144)
Pension and OPEB mark-to-market adjustment 0 423
Settlement agreement and tax sharing payments to the FES Debtors 0 (978)
Transmission revenue collections, net 81 10
Gain on sale of Yards Creek (109) 0
Gain on disposal, net of tax (Note 3) 0 (52)
Changes in current assets and liabilities-    
Receivables 121 75
Materials and supplies 43 (18)
Prepaid taxes and other current assets (114) (125)
Accounts payable 127 (83)
DPA penalty 230 0
Accrued taxes (112) 83
Accrued interest 11 20
Accrued compensation and benefits (98) (28)
Other current liabilities (27) (6)
Other 3 (15)
Net cash provided from operating activities 1,347 150
New financing-    
Long-term debt 1,500 3,175
Redemptions and repayments-    
Long-term debt (33) (1,082)
Short-term borrowings, net (1,700) (885)
Common stock dividend payments (424) (422)
Other (5) (44)
Net cash provided from (used for) financing activities (662) 742
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property additions (1,226) (1,292)
Proceeds from sale of Yards Creek 155 0
Sales of investment securities held in trusts 13 39
Purchases of investment securities held in trusts (19) (53)
Asset removal costs (111) (102)
Other 14 2
Net cash used for investing activities (1,174) (1,406)
Net change in cash, cash equivalents, and restricted cash (489) (514)
Cash, cash equivalents, and restricted cash at beginning of period 1,801 679
Cash, cash equivalents, and restricted cash at end of period $ 1,312 $ 165