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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 1,127 $ 1,176 $ 439
Adjustments to reconcile net income to net cash from operating activities-      
Depreciation, amortization and impairments 1,588 1,280 1,317
Charges associated with change in ARO (Note 10) 200 0 0
Employee benefit costs, net (32) (9) (279)
Pension and OPEB mark-to-market adjustments 22 78 (72)
Deferred income taxes and investment tax credits, net 316 252 989
Transmission revenue collections, net 113 (180) 79
Pension trust contribution 0 (750) 0
Loss (gain) on disposal, net of tax (Note 17) 0 21 0
Changes in current assets and liabilities-      
Receivables (249) (13) (292)
Materials and supplies (37) (91) (161)
Prepaid taxes and other current assets (33) (43) (28)
Accounts payable 124 (141) 560
Accrued taxes (126) 32 22
Accrued interest (23) 38 (29)
Other current liabilities (141) 41 21
Cash collateral, net 90 (218) 111
Employee benefit plan funding and related payments (59) (50) (49)
Other 11 (36) 55
Net cash provided from operating activities 2,891 1,387 2,683
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital investments (4,030) (3,356) (2,848)
Sales of investment securities held in trusts 121 38 48
Purchases of investment securities held in trusts (134) (50) (59)
Asset removal costs (305) (274) (213)
Other (2) (10) (4)
Net cash used for investing activities (4,350) (3,652) (3,076)
New financing-      
Long-term debt 2,100 3,150 700
Short-term borrowings, net 0 675 100
Redemptions and repayments-      
Long-term debt (2,760) (537) (3,005)
Short-term borrowings, net (225) 0 0
Proceeds from FET Equity Interest Sale (Note 1) 3,500 0 0
Proceeds from 19.9% FET equity interest sale, net of transaction costs 0 0 2,348
Noncontrolling interest cash distributions (86) (72) (21)
Capital contributions from noncontrolling interest 0 0 9
Common stock dividend payments (970) (906) (891)
Debt issuance and redemption costs, and other (125) (72) (152)
Net cash provided from (used for) financing activities 1,434 2,238 (912)
Net change in cash, cash equivalents and restricted cash (25) (27) (1,305)
Cash, cash equivalents, and restricted cash at beginning of period 179 206 1,511
Cash, cash equivalents, and restricted cash at end of period 154 179 206
SUPPLEMENTAL CASH FLOW INFORMATION:      
Interest (net of amounts capitalized) 1,062 1,002 1,021
Income taxes, net of refunds 161 58 21
Significant non-cash transactions:      
Accrued capital investments $ 315 $ 252 $ 207