XML 121 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities      
Net income (loss) $ 1,111 $ 469 $ 271
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) 2,077 1,888 1,723
Amortization of nuclear fuel cost 277 279 268
Non-cash retirement benefit expense 332 572 622
Prepayment credits applied to revenue (100) (100) (102)
Fuel cost adjustment deferral (6) (38) 97
Fuel cost tax equivalents (18) 6 2
Changes in current assets and liabilities      
Accounts receivable, net 93 (79) 114
Inventories and other current assets, net (12) 34 27
Accounts payable and accrued liabilities (121) 147 (296)
Accrued interest (13) 2 1
Regulatory assets costs (23) (56) (21)
Pension contributions (282) (256) (6)
Insurance recoveries 63 175 47
Other, net (63) (63) (150)
Net cash provided by operating activities 3,315 2,980 2,597
Cash flows from investing activities      
Construction expenditures (2,850) (2,384) (2,051)
Combustion turbine asset acquisition (342) 0 0
Nuclear fuel expenditures (350) (326) (287)
Purchases of investments, net (52) (48) (48)
Loans and other receivables      
Advances (17) (6) (6)
Repayments 8 6 9
Other, net 18 2 (2)
Net cash used in investing activities (3,585) (2,756) (2,385)
Long-term debt      
Issues of power bonds 973 989 2,122
Issues of variable interest entities 0 0 360
Redemptions and repurchases of power bonds (1,180) (365) (2,358)
Payments on debt of variable interest entities (32) (30) (13)
Short-term debt issues (redemptions), net 437 (1,837) 924
Payments on leases and leasebacks (80) (73) (446)
Financing costs, net (7) (4) (20)
Payments to U.S. Treasury (5) (14) (27)
Other, net (36) 8 (20)
Net cash (used in) provided by financing activities 70 (1,326) 522
Net change in cash and cash equivalents (200) (1,102) 734
Cash and cash equivalents at beginning of the year 500 1,602 868
Cash and cash equivalents at end of the year $ 300 $ 500 $ 1,602