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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,264 $ 831
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation, amortization and impairments 1,270 1,197
Charges associated with changes in ARO (3) 207
Deferred income taxes and investment tax credits, net 222 224
Employee benefit costs, net 12 (7)
Transmission revenue collections, net 141 40
Changes in current assets and liabilities-    
Receivables (32) (197)
Materials and supplies (29) (24)
Prepaid taxes and other current assets (92) (77)
Accounts payable 79 87
Accrued taxes (135) (250)
Accrued interest 29 (21)
Accrued compensation and benefits 0 (174)
Other current liabilities (36) (68)
Collateral, net 3 97
Employee benefit plan funding and related payments (38) (44)
Other (91) 26
Net cash provided from operating activities 2,564 1,847
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital investments (3,539) (2,736)
Sales of investment securities held in trusts 89 104
Purchases of investment securities held in trusts (99) (114)
Asset removal costs (290) (212)
Other 34 (3)
Net cash used for investing activities (3,805) (2,961)
New financing-    
Long-term debt 5,925 1,200
Short-term borrowings, net 0 0
Redemptions and repayments-    
Long-term debt (2,179) (1,710)
Short-term borrowings, net (259) (700)
Proceeds from FET Equity Interest Sale 0 3,500
Noncontrolling interest cash distributions (74) (51)
Common stock dividend payments (759) (725)
Debt issuance and redemption costs, and other (136) (114)
Net cash provided from financing activities 2,518 1,400
Net change in cash, cash equivalents, and restricted cash 1,277 286
Cash, cash equivalents, and restricted cash at beginning of period 154 179
Cash, cash equivalents, and restricted cash at end of period 1,431 465
Significant non-cash transactions:    
Accrued capital investments 316 296
McElroy Run Transfer $ 99 $ 0