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Consolidated Statements of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 462 $ 491
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation, decommissioning and amortization 700 629
Regulatory impacts of net nuclear decommissioning trust earnings (reflected in accumulated depreciation) 75 74
Other amortization 62 50
Stock-based compensation 8 8
Deferred income taxes and investment tax credits 436 221
Changes in operating assets and liabilities:    
Receivables 61 (41)
Inventory 1 (2)
Margin and collateral deposits - net of collateral received (8)  
Prepaid taxes 107 (167)
Other current assets (167) (189)
Accounts payable 15 (104)
Accrued taxes (18) 22
Other current liabilities (191) (75)
Derivative assets and liabilities - net 326 841
Regulatory assets and liabilities - net (260) (720)
Other assets (191) (18)
Other liabilities (33) 75
Net cash provided by operating activities 1,385 1,095
Cash flows from financing activities:    
Long-term debt issued 497 638
Long-term debt issuance costs (5) (9)
Long-term debt repaid (3) (253)
Bonds purchased (56)  
Preference stock issued - net 123  
Short-term debt financing - net 200 215
Settlements of stock-based compensation - net (7) (1)
Dividends paid (258) (125)
Net cash provided by financing activities 491 465
Cash flows from investing activities:    
Capital expenditures (2,019) (1,757)
Proceeds from sale of nuclear decommissioning trust investments 1,146 600
Purchases of nuclear decommissioning trust investments and other (1,230) (697)
Customer advances for construction and other investments 12 9
Effect of deconsolidation of variable interest entities   (92)
Net cash used by investing activities (2,091) (1,937)
Net decrease in cash and cash equivalents (215) (377)
Cash and cash equivalents, beginning of period 257 462
Cash and cash equivalents, end of period $ 42 $ 85