XML 26 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities    
Net income (loss) $ (267) $ 205
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation and amortization (including amortization of debt issuance costs and premiums/discounts) 945 870
Nuclear refueling outage amortization cost 0 29
Amortization of nuclear fuel cost 130 114
Non-cash retirement benefit expense 304 232
Prepayment credits applied to revenue (53) (53)
Fuel cost adjustment deferral 54 157
Fuel cost tax equivalents 16 30
Environmental cleanup costs - Kingston ash spill - non cash 36 38
Changes in current assets and liabilities    
Accounts receivable, net 472 256
Inventories and other, net (165) (162)
Margin cash collateral, net (323) (7)
Accounts payable and accrued liabilities (266) (273)
Accrued interest 25 13
Environmental cleanup costs - Kingston ash spill, net (58) (66)
Other, net 17 (50)
Net cash provided by operating activities 867 1,333
Cash flows from investing activities    
Construction expenditures (1,143) (1,117)
Nuclear fuel expenditures (225) (159)
Loans and other receivables    
Advances (2) (19)
Repayments 5 7
Other, net 6 (1)
Net cash used in investing activities (1,359) (1,289)
Cash flows from financing activities    
Issues of power bonds 69 1,540
Issues of variable interest entities 1,000 0
Redemptions and repurchases of power bonds (125) (1,015)
Short-term debt issues (redemptions), net (482) (27)
Proceeds from sale/leaseback financing 0 5
Payments on leases and leaseback financing (52) (88)
Financing costs, net (10) (18)
Change in restricted cash of variable interest entity (30) 0
Payments to U.S. Treasury (13) (14)
Other, net (1) 0
Net cash provided by financing activities 356 383
Net change in cash and cash equivalents (136) 427
Cash and cash equivalents at beginning of period 507 328
Cash and cash equivalents at end of period $ 371 $ 755