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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - HOUSTON ELECTRIC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net income $ 297 $ 350
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 363 363
Deferred income taxes 45 193
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net (125) 72
Inventory 110 93
Accounts payable (216) (70)
Taxes receivable 40 (110)
Current regulatory assets and liabilities 64 (97)
Non-current regulatory assets and liabilities 1 (48)
Other operating activities, net 1 (20)
Net cash provided by operating activities 410 538
Cash Flows from Investing Activities:    
Capital expenditures (1,038) (845)
Other investing activities, net (58) 1
Net cash used in investing activities (234) (844)
Cash Flows from Financing Activities:    
Proceeds from long-term debt and term loans, net 665 398
Payments of long-term debt and term loans, including make-whole premiums (11) (22)
Payment of debt issuance costs (8) (3)
Other financing activities, net (16) (27)
Net cash used in financing activities 1,053 376
Net Increase in Cash, Cash Equivalents and Restricted Cash 1,229 70
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 30 109
Cash, Cash Equivalents and Restricted Cash at End of Period 1,259 179
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of capitalized interest 290 228
Supplemental Disclosure of Non-cash Transactions    
Accounts payable related to capital expenditures 334 195
Houston Electric    
Cash Flows from Operating Activities:    
Net income 84 99
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 179 199
Deferred income taxes 11 (11)
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 28 51
Accounts receivable/payable–affiliated companies (25) (15)
Inventory 26 (1)
Accounts payable (132) 25
Taxes receivable 0 33
Current regulatory assets and liabilities (2) 0
Non-current regulatory assets and liabilities (72) (79)
Other current assets and liabilities (86) (79)
Other non-current assets and liabilities (1) 23
Other operating activities, net (2) (4)
Net cash provided by operating activities 8 241
Cash Flows from Investing Activities:    
Capital expenditures (603) (461)
Decrease (increase) in notes receivable–affiliated companies 209 (335)
Other investing activities, net (15) 1
Net cash used in investing activities (409) (795)
Cash Flows from Financing Activities:    
Proceeds from long-term debt and term loans, net 500 398
Dividends to parent (90) (36)
Contribution from parent 0 230
Payment of debt issuance costs (5) (3)
Other financing activities, net (1) (2)
Net cash used in financing activities 404 587
Net Increase in Cash, Cash Equivalents and Restricted Cash 3 33
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 14 89
Cash, Cash Equivalents and Restricted Cash at End of Period 17 122
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of capitalized interest 90 59
Supplemental Disclosure of Non-cash Transactions    
Accounts payable related to capital expenditures $ 286 $ 149