v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities      
Net Income (Loss) Available to Common Stockholders, Basic $ (528) $ (119) $ 595
Adjustments to reconcile net income to net cash provided from operating activities:      
Utilities Operating Expense, Impairments 1,376 1,118  
Gain on Sale of Investments (30)    
Deferred income taxes, net (151) (911) 242
Depreciation and amortization 434 406 389
Amortization of nuclear fuel 47 44 57
Allowance for equity funds used during construction (19) (23) (29)
Carrying cost recovery (6) (34) (17)
Cash provided (used) by changes in certain assets and liabilities:      
Increase (Decrease) in Receivables (37) 56 112
Increase (Decrease) in Income Taxes Receivable 198 (56) (142)
Increase (Decrease) in Inventories 88 93 43
Increase (Decrease) in Prepaid Expense 4 5 (11)
Increase (Decrease) in Other Regulatory Assets 199 (181) 114
Increase (Decrease) in Regulatory liabilities (350) 1,051 (2)
Increase (Decrease) in Accounts Payable 61 24 44
Unrecognized tax benefits, increase (decrease) 19 (224) 175
Increase (Decrease) Revenue Subject to Refund 77    
Increase (Decrease) in Taxes accrued 31 13 (41)
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits 16 (20) 51
Changes in other assets (61) 47 44
Changes in other liabilities (18) (80) 72
Net Cash Provided from Operating Activities 964 1,169 1,092
Cash Flows From Investing Activities      
Property additions and construction expenditures (890) (1,225) (1,579)
Proceeds from Sale of Other Receivables 0 1,096  
Proceeds from investments (including derivative collateral posted) 227 145 860
Purchase of investments (including derivative collateral posted) (155) (143) (788)
Payments upon interest rate contract settlement   (39) (113)
Payments for (Proceeds from) Hedge, Investing Activities 115   0
Net Cash Used for Investing Activities (703) (166) (1,620)
Cash Flows from Financing Activities      
Proceeds from issuance of long-term debt 935 150 592
Repayments of Long-term Debt (830) (17) (117)
Dividends (209) (344) (325)
Short-term borrowings, net (177) (591) 410
Net Cash Provided From Financing Activities (281) (802) 560
Net (Decrease) Increase in Cash and Cash Equivalents (20) 201 32
Cash and Cash Equivalents, January 1 409 208 176
Cash and Cash Equivalents, December 31 389 409 208
Supplemental Cash Flow Information      
Cash paid for-Interest (net of capitalized interest ) 356 346 328
Cash paid for-Income taxes 4 2 229
Proceeds from Income Tax Refunds 206 184  
Cash Flow, Noncash Investing and Financing Activities Disclosure      
Accrued construction expenditures 85 139 109
Capital Lease Obligations Incurred 11 8 15
Proceeds from Contribution in Aid of Construction 6    
SCE&G      
Cash Flows from Operating Activities      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (589) (172) 526
Adjustments to reconcile net income to net cash provided from operating activities:      
Utilities Operating Expense, Impairments 1,376 1,118  
Deferred income taxes, net (184) (780) 207
Depreciation and amortization 342 323 310
Amortization of nuclear fuel 47 44 57
Allowance for equity funds used during construction (11) (15) (26)
Carrying cost recovery (6) (34) (17)
Cash provided (used) by changes in certain assets and liabilities:      
Increase (Decrease) in Receivables (50) 32 47
Increase (Decrease) in Due from Affiliates, Current (2) 12 (3)
Increase (Decrease) in Income Taxes Receivable 198 (145) (53)
Increase (Decrease) in Inventories 54 60 35
Increase (Decrease) in Prepaid Expense 0 (6) 4
Increase (Decrease) in Other Regulatory Assets 179 (185) 94
Increase (Decrease) in Regulatory liabilities (360) 899 (5)
Increase (Decrease) in Accounts Payable 61 20 8
Unrecognized tax benefits, increase (decrease) 19 (241) 192
Increase (Decrease) in Due to Affiliates, Current 0 (28) 13
Increase (Decrease) Revenue Subject to Refund 77    
Increase (Decrease) in Taxes accrued 31 13 (104)
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits 15 (21) 39
Changes in other assets (77) 46 99
Changes in other liabilities 22 (43) 58
Increase (Decrease) in Due to Affiliates (3) 3 (1)
Net Cash Provided from Operating Activities 927 1,006 922
Cash Flows From Investing Activities      
Property additions and construction expenditures (633) (928) (1,399)
Proceeds from Sale of Other Receivables 0 1,096  
Proceeds from investments (including derivative collateral posted) 40 118 794
Purchase of investments (including derivative collateral posted) (29) (122) (740)
Payments to Acquire Interest in Subsidiaries and Affiliates (111)    
Payments upon interest rate contract settlement 0 (39) (113)
Payments for (Proceeds from) Hedge, Investing Activities 115 0 0
Proceeds from Investment In Affiliate 111 0 9
Investment In Affiliate (325) (28)  
Net Cash Used for Investing Activities (832) 97 (1,449)
Cash Flows from Financing Activities      
Proceeds from issuance of long-term debt 795 0 494
Repayments of Long-term Debt (825) (12) (112)
Dividends (173) (319) (301)
Short-term borrowings, net (179) (552) 384
Short-term borrowings-affiliate,net 245 8 (4)
Contributions from parent 24 3 100
Net Cash Provided From Financing Activities (113) (872) 561
Net (Decrease) Increase in Cash and Cash Equivalents (18) 231 34
Cash and Cash Equivalents, January 1 395 164 130
Cash and Cash Equivalents, December 31 377 395 164
Supplemental Cash Flow Information      
Cash paid for-Interest (net of capitalized interest ) 264 269 251
Cash paid for-Income taxes 3 47 289
Proceeds from Income Tax Refunds 216 145 189
Cash Flow, Noncash Investing and Financing Activities Disclosure      
Accrued construction expenditures 69 99 95
Capital Lease Obligations Incurred 8 $ 8 $ 14
Proceeds from Contribution in Aid of Construction $ 6