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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 288 $ 335
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation and amortization 359 454
Deferred income taxes and investment tax credits, net 77 82
Retirement benefits, net of payments (96) (105)
Gain on sale of Yards Creek (Note 9) 0 (109)
Changes in current assets and liabilities-    
Receivables (93) 161
Materials and supplies (13) 14
Prepaid taxes and other current assets (105) (121)
Accounts payable 147 43
Accrued taxes (133) (127)
Accrued interest 6 7
Accrued compensation and benefits (106) (129)
Other current liabilities 10 (7)
Other 14 35
Net cash provided from operating activities 355 533
New financing-    
Long-term debt 0 500
Short-term borrowings, net 350 0
Redemptions and repayments-    
Long-term debt (1,046) (29)
Short-term borrowings, net 0 (750)
Make-whole premiums paid on debt redemptions (38) 0
Common stock dividend payments (222) (212)
Other (8) (18)
Net cash used for financing activities (964) (509)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property additions (520) (604)
Proceeds from sale of Yards Creek 0 155
Sales of investment securities held in trusts 6 5
Purchases of investment securities held in trusts (9) (7)
Asset removal costs (49) (47)
Other (20) (1)
Net cash used for investing activities (592) (499)
Net change in cash, cash equivalents, and restricted cash (1,201) (475)
Cash, cash equivalents, and restricted cash at beginning of period 1,511 1,801
Cash, cash equivalents, and restricted cash at end of period $ 310 $ 1,326