XML 59 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 93 $ 26
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 148 124
Cascade Crossing transmission project 0 52
Decrease in net liabilities from price risk management activities (84) (16)
Regulatory deferral - price risk management activities 84 16
Deferred income taxes 20 (1)
Pension and other postretirement benefits 17 20
Allowance for equity funds used during construction (15) (4)
Regulatory deferral of settled derivative instruments 6 10
Decoupling mechanism deferrals, net of amortization 3 5
Other non-cash income and expenses, net 12 10
Changes in working capital:    
Decrease in accounts receivable and unbilled revenues 55 39
Decrease in margin deposits, net 7 12
Decrease in accounts payable and accrued liabilities (29) (13)
Other working capital items, net (14) 11
Cash received to be returned to customers pursuant to the Residential Exchange Program 14 1
Other, net (9) (3)
Net cash provided by operating activities 302 279
Cash flows from investing activities:    
Capital expenditures (501) (260)
Sales of nuclear decommissioning trust securities 9 14
Purchases of nuclear decommissioning trust securities (10) (15)
Proceeds from sale of property 4 0
Other, net 4 2
Net cash used in investing activities (494) (259)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 225 150
Payments on long-term debt 0 50
Proceeds from issuance of common stock, net of issuance costs 0 47
Borrowings on short-term debt 0 35
Payments on short-term debt 0 35
Maturities of commercial paper, net 0 (17)
Dividends paid (43) (41)
Debt issuance costs 0 (2)
Net cash provided by financing activities 182 87
Change in cash and cash equivalents (10) 107
Cash and cash equivalents, beginning of period 107 12
Cash and cash equivalents, end of period 97 119
Supplemental cash flow information is as follows:    
Cash paid for interest, net of amounts capitalized 45 45
Cash paid for income taxes 11 6
Non-cash investing and financing activities:    
Accrued dividends payable 23 21
Accrued capital additions 105 34
Preliminary engineering costs transferred to Construction work-in-progress from Other noncurrent assets $ 0 $ 9