7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2017-03-31 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-06-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 
      
    		                                                           
      cash flows from operating activities:
    		                                                           
      net income
    		293,000,000 198,000,000 297,000,000 193,000,000 228,000,000 350,000,000 192,000,000 282,000,000 118,000,000 325,000,000 134,000,000 202,000,000 190,000,000 531,000,000 654,000,000 218,000,000 251,000,000 363,000,000 200,000,000 121,000,000 105,000,000 -1,199,000,000 157,000,000 270,000,000 195,000,000 169,000,000 192,000,000 -2,000,000 154,000,000 -391,000,000 77,000,000 131,000,000 143,000,000 107,000,000 185,000,000 -100,000,000 147,000,000 10,000,000 126,000,000 147,000,000 973,000,000 119,000,000 148,000,000 124,000,000 123,000,000 81,000,000 114,000,000 105,000,000 114,000,000 86,000,000 67,000,000 87,000,000 136,000,000 101,000,000 123,000,000 108,000,000 91,000,000 70,000,000 130,000,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                           
      depreciation and amortization
    		392,000,000 370,000,000 363,000,000 334,000,000 386,000,000 363,000,000 359,000,000 374,000,000 349,000,000 319,000,000 314,000,000 329,000,000 327,000,000 318,000,000 329,000,000 353,000,000 327,000,000 307,000,000 304,000,000 306,000,000 297,000,000 282,000,000 300,000,000 334,000,000 340,000,000 313,000,000 226,000,000 289,000,000 260,000,000 268,000,000 239,000,000 217,000,000 293,000,000 256,000,000 235,000,000 253,000,000 240,000,000 301,000,000 275,000,000 224,000,000 253,000,000 223,000,000 201,000,000 204,000,000 243,000,000 217,000,000 200,000,000 181,000,000 208,000,000 188,000,000 166,000,000 168,000,000 194,000,000 188,000,000 158,000,000 156,000,000 170,000,000 160,000,000 145,000,000 
      deferred income taxes
    		10,000,000 29,000,000 45,000,000 38,000,000 7,000,000 193,000,000 -63,000,000 72,000,000 35,000,000 -13,000,000 -6,000,000 3,000,000 -5,000,000 28,000,000 127,000,000 35,000,000 -15,000,000 66,000,000 0 48,000,000 -100,000,000 -377,000,000 61,000,000 29,000,000 -7,000,000 -14,000,000 85,000,000 4,000,000 65,000,000 -268,000,000 -3,000,000 7,000,000 81,000,000 9,000,000 4,000,000 200,000,000 57,000,000 109,000,000 64,000,000 64,000,000 195,000,000 129,000,000 80,000,000 87,000,000 149,000,000 -3,000,000 -34,000,000 19,000,000 172,000,000 48,000,000 30,000,000 16,000,000 459,000,000 -15,000,000 27,000,000 -21,000,000 13,000,000 27,000,000 -11,000,000 
      loss on sale
    		0 0 43,000,000                                                         
      gain on equity securities
    		104,000,000 -43,000,000 -79,000,000 -54,000,000 -19,000,000 83,000,000 25,000,000 -49,000,000 31,000,000 -38,000,000 -57,000,000 206,000,000                                                
      gain on indexed debt securities
    		-105,000,000 42,000,000 79,000,000 53,000,000 18,000,000 -85,000,000 -25,000,000 47,000,000 -34,000,000 39,000,000 56,000,000 -210,000,000 -65,000,000 -106,000,000   77,000,000 -26,000,000 35,000,000 84,000,000 76,000,000 -135,000,000       56,000,000                               
      pension and postretirement contributions
    		                                                           
      changes in other assets and liabilities:
    		                                                           
      accounts receivable and unbilled revenues
    		-191,000,000 339,000,000 -125,000,000 -43,000,000 116,000,000 72,000,000 -105,000,000 -119,000,000 296,000,000 351,000,000 -556,000,000 31,000,000 265,000,000 -201,000,000 -329,000,000 11,000,000 191,000,000 29,000,000 -236,000,000 14,000,000 76,000,000 236,000,000 -295,000,000 58,000,000 325,000,000 138,000,000 114,000,000 80,000,000 67,000,000 83,000,000 310,000,000 57,000,000 137,000,000 464,000,000 -253,000,000 138,000,000 -66,000,000 -33,000,000 100,000,000 193,000,000 28,000,000 169,000,000 48,000,000 -333,000,000 79,000,000 357,000,000 -2,000,000 -513,000,000 155,000,000 333,000,000 308,000,000 -523,000,000 245,000,000 280,000,000 -84,000,000  136,000,000 388,000,000 16,000,000 
      inventory
    		-88,000,000 -86,000,000 110,000,000 -33,000,000 -41,000,000 93,000,000 104,000,000 -79,000,000 47,000,000 95,000,000 -35,000,000 -239,000,000 -117,000,000 132,000,000 -36,000,000 -157,000,000 -46,000,000 99,000,000 59,000,000 -72,000,000 -88,000,000 110,000,000 33,000,000 -95,000,000 -110,000,000 120,000,000 74,000,000 -49,000,000 112,000,000 -70,000,000 -76,000,000 179,000,000 -116,000,000 -123,000,000 113,000,000 -131,000,000 119,000,000 -83,000,000 -14,000,000 94,000,000 -116,000,000 -115,000,000 181,000,000 29,000,000 -107,000,000 -137,000,000 161,000,000 46,000,000 -142,000,000 -84,000,000 416,000,000 143,000,000 -317,000,000 -262,000,000 327,000,000 58,000,000 -172,000,000 -205,000,000 217,000,000 
      taxes receivable
    		-8,000,000 30,000,000 40,000,000 17,000,000 18,000,000 -110,000,000 -27,000,000 -49,000,000 -11,000,000 13,000,000 -20,000,000 3,000,000 -3,000,000 1,000,000 13,000,000 64,000,000 1,000,000 3,000,000 20,000,000 -102,000,000 93,000,000 13,000,000 -37,000,000 0   16,000,000 -13,000,000 169,000,000 -30,000,000 -38,000,000 190,000,000    -18,000,000 -3,000,000    0 4,000,000 134,000,000 -25,000,000                
      accounts payable
    		59,000,000 -114,000,000 -216,000,000 -164,000,000 -13,000,000 -70,000,000 141,000,000 -40,000,000 -80,000,000 -323,000,000 322,000,000 13,000,000 -47,000,000 -85,000,000 228,000,000 67,000,000 -65,000,000 -55,000,000 253,000,000 -30,000,000 -29,000,000 -192,000,000 191,000,000 -52,000,000 -262,000,000 -332,000,000 -122,000,000 -27,000,000 -82,000,000 -5,000,000 -119,000,000 -208,000,000 -63,000,000 -302,000,000 128,000,000 -75,000,000 -33,000,000 31,000,000 -45,000,000 -172,000,000 5,000,000 -52,000,000 -168,000,000 249,000,000 -68,000,000 -90,000,000 -125,000,000 290,000,000 -25,000,000 -77,000,000 -425,000,000 206,000,000 -139,000,000 -36,000,000 56,000,000 275,000,000 -166,000,000 -72,000,000 -222,000,000 
      current regulatory assets and liabilities
    		7,000,000 8,000,000 64,000,000                                                         
      other current assets and liabilities
    		145,000,000 -31,000,000 -244,000,000 68,000,000 131,000,000 -224,000,000 203,000,000 79,000,000 -34,000,000 -86,000,000 194,000,000 -35,000,000 -246,000,000 82,000,000                                              
      non-current regulatory assets and liabilities
    		127,000,000 -107,000,000 1,000,000                                                         
      other non-current assets and liabilities
    		20,000,000 5,000,000 94,000,000 10,000,000 -19,000,000 40,000,000 13,000,000 11,000,000 42,000,000 6,000,000 75,000,000 4,000,000 55,000,000 -25,000,000                                              
      other operating activities
    		1,000,000 -56,000,000 1,000,000 -3,000,000 -14,000,000 -20,000,000 51,000,000 4,000,000 3,000,000 2,000,000 7,000,000 7,000,000 7,000,000 58,000,000 73,000,000     -2,000,000 0 3,000,000  1,000,000 14,000,000 -5,000,000                                  
      net cash from operating activities
    		742,000,000 560,000,000 410,000,000 136,000,000 576,000,000 538,000,000 808,000,000 587,000,000 769,000,000 1,713,000,000 485,000,000 347,000,000 398,000,000 580,000,000 573,000,000 525,000,000 605,000,000 -1,681,000,000 556,000,000 258,000,000 519,000,000 662,000,000 552,000,000 512,000,000 303,000,000 271,000,000 319,000,000 424,000,000 634,000,000 396,000,000 456,000,000 666,000,000 412,000,000 332,000,000 380,000,000 257,000,000 533,000,000 452,000,000 503,000,000 424,000,000 312,000,000 510,000,000 627,000,000 403,000,000 165,000,000 383,000,000 435,000,000 404,000,000 381,000,000 623,000,000 433,000,000 127,000,000 -144,000,000 301,000,000 567,000,000 282,000,000 65,000,000 163,000,000 264,000,000 
      cash flows from investing activities:
    		                                                           
      capital expenditures
    		-1,222,000,000 -1,129,000,000 -1,038,000,000 -844,000,000 -812,000,000 -845,000,000 -1,078,000,000 -1,064,000,000 -1,136,000,000 -1,123,000,000 -1,340,000,000 -1,199,000,000 -1,034,000,000 -846,000,000 -1,016,000,000 -765,000,000 -789,000,000 -594,000,000 -707,000,000 -611,000,000 -614,000,000 -664,000,000 -684,000,000 -653,000,000 -632,000,000 -537,000,000 -312,000,000 -350,000,000 -332,000,000 -419,000,000 -371,000,000 -341,000,000 -373,000,000 -324,000,000 -301,000,000 -315,000,000 -271,000,000   -264,000,000 -327,000,000 -300,000,000 -333,000,000 -456,000,000 -326,000,000 -469,000,000 -258,000,000 -351,000,000 -305,000,000 -244,000,000 -260,000,000 -388,000,000 -213,000,000 -232,000,000 -187,000,000 -263,000,000 -187,000,000 -265,000,000 -399,000,000 
      free cash flows
    		-480,000,000 -569,000,000 -628,000,000 -708,000,000 -236,000,000 -307,000,000 -270,000,000 -477,000,000 -367,000,000 590,000,000 -855,000,000 -852,000,000 -636,000,000 -266,000,000 -443,000,000 -240,000,000 -184,000,000 -2,275,000,000 -151,000,000 -353,000,000 -95,000,000 -2,000,000 -132,000,000 -141,000,000 -329,000,000 -266,000,000 7,000,000 74,000,000 302,000,000 -23,000,000 85,000,000 325,000,000 39,000,000 8,000,000 79,000,000 -58,000,000 262,000,000   160,000,000 -15,000,000 210,000,000 294,000,000 -53,000,000 -161,000,000 -86,000,000 177,000,000 53,000,000 76,000,000 379,000,000 173,000,000 -261,000,000 -357,000,000 69,000,000 380,000,000 19,000,000 -122,000,000 -102,000,000 -135,000,000 
      payment for asset acquisition
    		0 0 -357,000,000                                                         
      proceeds from divestiture
    		0 0 1,219,000,000                                                         
      other investing activities
    		-39,000,000 22,000,000 -58,000,000 -115,000,000 56,000,000 1,000,000 36,000,000 28,000,000 -8,000,000 -32,000,000 -59,000,000 28,000,000 27,000,000 18,000,000 -7,000,000     32,000,000 -11,000,000 3,000,000  27,000,000 26,000,000 -15,000,000                                  
      net cash from investing activities
    		-1,261,000,000 -1,107,000,000 -234,000,000 -959,000,000 -756,000,000 -844,000,000 -1,043,000,000 -1,036,000,000 -999,000,000 -1,155,000,000 -1,399,000,000 -1,171,000,000 -992,000,000 1,934,000,000 253,000,000 -728,000,000 -772,000,000 -604,000,000 -582,000,000 -540,000,000 511,000,000 -654,000,000 -646,000,000 -626,000,000 -610,000,000 -6,539,000,000 -370,000,000 -198,000,000 -269,000,000 -353,000,000 -334,000,000 -337,000,000 -367,000,000 -343,000,000 -316,000,000 -351,000,000 -274,000,000 -552,000,000 -365,000,000 -292,000,000 -276,000,000 -264,000,000 -308,000,000 -406,000,000 -295,000,000 -416,000,000 -303,000,000 -314,000,000 -78,000,000 -243,000,000 -261,000,000 -377,000,000 -291,000,000 -388,000,000 -312,000,000 -367,000,000 -224,000,000 -306,000,000 -403,000,000 
      cash flows from financing activities:
    		                                                           
      decrease in short-term borrowings
    		0 0 -3,000,000 2,000,000 0 -4,000,000   -3,000,000 -11,000,000   0 -43,000,000             -35,000,000 17,000,000 -40,000,000  24,000,000 -53,000,000  42,000,000 -43,000,000 37,000,000 -38,000,000  21,000,000 -53,000,000  39,000,000 -53,000,000      -35,000,000           
      payment of commercial paper
    		                                                           
      proceeds from long-term debt and term loans
    		2,117,000,000 70,000,000 665,000,000 1,161,000,000 1,198,000,000 398,000,000 470,000,000 1,899,000,000 649,000,000 3,026,000,000                                                  
      payments of long-term debt and term loans, including make-whole premiums
    		-43,000,000 -1,019,000,000 -11,000,000 -500,000,000 -441,000,000 -22,000,000 -577,000,000 0 -577,000,000 -2,036,000,000                                                  
      payment of debt issuance costs
    		-5,000,000 -4,000,000 -8,000,000 -13,000,000 -9,000,000 -3,000,000 -5,000,000 -22,000,000 -12,000,000 -16,000,000 -10,000,000 -9,000,000 -9,000,000 -8,000,000 0 -1,000,000 -17,000,000 -20,000,000 -4,000,000 -1,000,000                                        
      payment of dividends on common stock
    		-144,000,000 -144,000,000 -143,000,000 -130,000,000 -128,000,000 -126,000,000 -126,000,000 -119,000,000 -120,000,000 -120,000,000 -112,000,000 -114,000,000 -107,000,000 -107,000,000 -107,000,000 -95,000,000 -95,000,000 -88,000,000 -83,000,000 -82,000,000 -82,000,000 -145,000,000 -144,000,000 -145,000,000 -144,000,000 -144,000,000 -115,000,000                                 
      proceeds from issuance of common stock
    		   247,000,000 244,000,000 3,000,000             0 -1,000,000               1,000,000 0 1,000,000 1,000,000 0 2,000,000 1,000,000 2,000,000 2,000,000 24,000,000 22,000,000 341,000,000 29,000,000 15,000,000 301,000,000 158,000,000 30,000,000 35,000,000 19,000,000 25,000,000 1,000,000 2,000,000 1,000,000 6,000,000 13,000,000 
      other financing activities
    		1,000,000 -3,000,000 -16,000,000 0 -1,000,000 -27,000,000 0 -2,000,000 0 -23,000,000 0 0 -1,000,000 -6,000,000 1,000,000     -2,000,000 0 -4,000,000  0 0 -14,000,000                                  
      net cash from financing activities
    		465,000,000 -613,000,000 1,053,000,000 870,000,000 83,000,000 376,000,000 206,000,000 355,000,000 332,000,000 -519,000,000 875,000,000 377,000,000 1,024,000,000 -2,621,000,000 -728,000,000 202,000,000 157,000,000 2,285,000,000 -15,000,000 296,000,000 -1,083,000,000 -32,000,000 68,000,000 79,000,000 284,000,000 2,345,000,000 -36,000,000 -173,000,000 -411,000,000 -61,000,000 -111,000,000 -393,000,000 -21,000,000 -162,000,000 107,000,000 346,000,000 -660,000,000 -301,000,000 -111,000,000 744,000,000 -123,000,000 -151,000,000 -423,000,000 103,000,000 -354,000,000 287,000,000 -543,000,000 589,000,000 -393,000,000 -294,000,000 -274,000,000 333,000,000 369,000,000 167,000,000 -314,000,000 160,000,000 101,000,000 195,000,000 72,000,000 
      net increase in cash, cash equivalents and restricted cash
    		-54,000,000 -1,160,000,000 1,229,000,000 47,000,000 -97,000,000 70,000,000 -29,000,000 -94,000,000 102,000,000 39,000,000             -26,000,000 -35,000,000                                    
      cash, cash equivalents and restricted cash at beginning of period
    		0 0 30,000,000 0 0 109,000,000  0 0 91,000,000  0 0 254,000,000  0 0 167,000,000  0 0 271,000,000  0 0 4,278,000,000                                  
      cash, cash equivalents and restricted cash at end of period
    		-54,000,000 -1,160,000,000 1,259,000,000 47,000,000 -97,000,000 179,000,000  -94,000,000 102,000,000 130,000,000  -447,000,000 430,000,000 147,000,000  -1,000,000 -10,000,000 167,000,000  14,000,000 -53,000,000 247,000,000  -35,000,000 -23,000,000 355,000,000                                  
      supplemental disclosure of cash flow information
    		                                                           
      cash paid for interest, net of capitalized interest
    		276,000,000 197,000,000 290,000,000                                                         
      refunds received for income taxes
    		-10,000,000 -2,000,000 -3,000,000                                                         
      supplemental disclosure of non-cash transactions
    		                                                           
      accounts payable related to capital expenditures
    		6,000,000 -25,000,000 334,000,000                        73,000,000 7,000,000 72,000,000 6,000,000 9,000,000 72,000,000 -15,000,000 19,000,000 59,000,000  92,000,000 2,000,000 10,000,000 88,000,000 17,000,000 -3,000,000 87,000,000 33,000,000 5,000,000 16,000,000 83,000,000 7,000,000 13,000,000 -3,000,000 67,000,000 -122,000,000        
      rou assets obtained in exchange for lease liabilities
    		  35,000,000                                                         
      pension contributions
    		 -24,000,000 -63,000,000 -2,000,000 -1,000,000 -2,000,000 -2,000,000 -26,000,000 -2,000,000 -2,000,000 -29,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -51,000,000 0 -8,000,000 -2,000,000 -79,000,000 -3,000,000 -2,000,000 -15,000,000 -65,000,000 -27,000,000 -2,000,000 -2,000,000 -2,000,000 -3,000,000 -38,000,000 -2,000,000 -23,000,000 -60,000,000 -31,000,000 -3,000,000   -33,000,000                      
      proceeds from (payment of) commercial paper
    		                                  -118,000,000                         
      proceeds from commercial paper
    		  569,000,000                                      72,000,000 -108,000,000 -5,000,000        19,000,000   95,000,000 35,000,000  -277,000,000   
      loss on divestitures
    		                                                           
      proceeds from divestitures
    		          0 0 15,000,000 2,060,000,000 0    79,000,000 0                                        
      payments of commercial paper
    		   103,000,000    -576,000,000 395,000,000 -1,315,000,000                   -111,000,000   -96,000,000      0 0 -285,000,000                    
      payment of dividends on preferred stock
    		      -1,000,000 -25,000,000 0 -24,000,000 -1,000,000 -24,000,000 0 -24,000,000 -1,000,000 -41,000,000 -17,000,000 -48,000,000 -23,000,000 -48,000,000 -24,000,000 -42,000,000 -17,000,000 -41,000,000 -17,000,000 -43,000,000                                  
      redemption of series a preferred stock
    		      0                                                     
      net regulatory assets and liabilities
    		    -221,000,000 -145,000,000 -59,000,000 80,000,000 -3,000,000 1,025,000,000 86,000,000 35,000,000 -22,000,000 135,000,000 14,000,000 20,000,000 -32,000,000 -2,297,000,000 -10,000,000 4,000,000 -42,000,000 -38,000,000 -13,000,000 -24,000,000 -74,000,000 -3,000,000 15,000,000 -23,000,000 2,000,000 14,000,000 20,000,000 58,000,000 7,000,000 19,000,000 27,000,000 17,000,000 39,000,000 16,000,000 13,000,000 42,000,000 7,000,000 -2,000,000 17,000,000 -9,000,000 -3,000,000 7,000,000 19,000,000  0 -2,000,000 21,000,000 -318,000,000 -62,000,000 0 14,000,000 24,000,000 26,000,000 9,000,000 22,000,000 
      proceeds from (payments of) commercial paper
    		     157,000,000     1,546,000,000 -394,000,000 715,000,000 -1,941,000,000 536,000,000 371,000,000 187,000,000 38,000,000 296,000,000 441,000,000 -670,000,000 -828,000,000 307,000,000 -637,000,000 -471,000,000 2,692,000,000 227,000,000          61,000,000                       
      gain on divestitures
    		      1,000,000 0   0 0 0 -303,000,000                                              
      equity in earnings of unconsolidated affiliates
    		                                                           
      distributions from unconsolidated affiliates
    		              39,000,000 39,000,000 38,000,000 39,000,000 4,000,000 0 39,000,000 70,000,000                                      
      transaction costs related to enable merger
    		                                                           
      cash received related to enable merger
    		                                                           
      proceeds from sale of equity securities, net of transaction costs
    		                                                           
      increase in short-term borrowings
    		      4,000,000    -5,000,000     0    18,000,000                           -53,000,000    62,000,000   0 -32,000,000   -112,000,000 150,000,000 
      payment of obligation for finance lease
    		          -267,000,000 -47,000,000 0 -171,000,000                                              
      cash, cash equivalents and restricted cash at beginning of year
    		                                                           
      cash, cash equivalents and restricted cash at end of year
    		                                                           
      proceeds from sale of marketable securities
    		           0 0 702,000,000                0                              
      proceeds from divestitures, net of cash divested
    		       0                                                    
      goodwill impairment and income from reclassification to held for sale
    		                  0 3,000,000 -42,000,000 214,000,000                                      
      goodwill impairment
    		                  0 0 0 185,000,000                                      
      equity in (earnings) losses of unconsolidated affiliates
    		              -81,000,000 -83,000,000 -67,000,000 -108,000,000  67,000,000 -43,000,000 1,475,000,000                                      
      distributions from unconsolidated affiliates in excess of cumulative earnings
    		                                                           
      borrowings from revolving credit facilities
    		                                                           
      repayments of revolving credit facilities
    		                                                           
      proceeds from long-term debt
    		          0 797,000,000 500,000,000 792,000,000 0 0 1,698,000,000 2,795,000,000 500,000,000 0   0 1,195,000,000 1,000,000,000 721,000,000 298,000,000      0 0 600,000,000   800,000,000 0 1,695,000,000 0 0 550,000,000     665,000,000 0 0 500,000,000 0 0 600,000,000 488,000,000    400,000,000 
      payments of long-term debt, including make-whole premiums
    		          -276,000,000 -332,000,000 -74,000,000 -1,113,000,000                                              
      proceeds from issuance of series c preferred stock
    		                   -1,000,000                                        
      net decrease in cash, cash equivalents and restricted cash
    		             -107,000,000  -1,000,000    14,000,000 -53,000,000 -24,000,000    -3,923,000,000                                  
      loss on equity securities
    		             17,000,000                                              
      gain on enable merger
    		                                                           
      changes in other assets and liabilities, excluding acquisitions:
    		                                                           
      other assets and liabilities
    		                                                           
      acquisitions, net of cash acquired
    		                      0 -4,000,000 0 -5,987,000,000 -132,000,000                                 
      amortization of deferred financing costs
    		               12,000,000 8,000,000 7,000,000 5,000,000 8,000,000 8,000,000 7,000,000 7,000,000 8,000,000 7,000,000 7,000,000 6,000,000 7,000,000 6,000,000 7,000,000 7,000,000 7,000,000 7,000,000 7,000,000 7,000,000 8,000,000 8,000,000 8,000,000 7,000,000 8,000,000 7,000,000 8,000,000 7,000,000 6,000,000 7,000,000 7,000,000 7,000,000 8,000,000 9,000,000 10,000,000 10,000,000 8,000,000 6,000,000 7,000,000 7,000,000 21,000,000 11,000,000 14,000,000 19,000,000 
      amortization of intangible assets in non-utility cost of revenues
    		                  1,000,000 0 0 1,000,000 5,000,000 7,000,000 3,000,000 9,000,000                                  
      unrealized gain on marketable securities
    		                  -35,000,000 -83,000,000 -75,000,000 144,000,000 -76,000,000 -59,000,000 -64,000,000 -83,000,000 -44,000,000 -20,000,000 -90,000,000 134,000,000   -31,000,000 -72,000,000 30,000,000 -30,000,000 -74,000,000 -77,000,000 -13,000,000 -46,000,000 80,000,000 -18,000,000 -32,000,000 -32,000,000 -19,000,000 22,000,000 -38,000,000 -14,000,000 -47,000,000           
      gain on sale
    		                                                           
      loss on indexed debt securities
    		                       62,000,000 68,000,000 86,000,000 10,000,000                                 
      write-down of natural gas inventory
    		                  0 0 0 3,000,000 -1,000,000 2,000,000 2,000,000 1,000,000  0 1,000,000 2,000,000 0 2,000,000      0 0 4,000,000    0    0 0 0 6,000,000 6,000,000    0 5,000,000   
      non-trading derivatives
    		               -28,000,000 -9,000,000 -14,000,000  -11,000,000 50,000,000 -53,000,000 2,000,000 5,000,000 -31,000,000 -40,000,000 -32,000,000 14,000,000 8,000,000 -9,000,000 1,000,000 1,000,000 -15,000,000    7,000,000 9,000,000 10,000,000 -3,000,000 -8,000,000   11,000,000 -17,000,000 7,000,000 -6,000,000 4,000,000 6,000,000 10,000,000 8,000,000 3,000,000 -49,000,000 -7,000,000 28,000,000 -2,000,000 -4,000,000 -1,000,000 18,000,000 
      margin deposits
    		                  7,000,000 0 44,000,000 21,000,000 -23,000,000 -21,000,000 -31,000,000 19,000,000 -46,000,000 38,000,000 27,000,000 -5,000,000 29,000,000 -4,000,000 -11,000,000 -3,000,000 1,000,000 -5,000,000 12,000,000 13,000,000 22,000,000 14,000,000 13,000,000 12,000,000 36,000,000 45,000,000 -20,000,000 49,000,000 -67,000,000 27,000,000 50,000,000 101,000,000 -62,000,000 -86,000,000 -191,000,000 66,000,000 29,000,000 16,000,000 -31,000,000 28,000,000 52,000,000 
      interest and taxes accrued
    		               36,000,000 14,000,000 -62,000,000 77,000,000 -67,000,000 109,000,000 -95,000,000 143,000,000 -1,000,000 28,000,000 -116,000,000 -82,000,000 2,000,000 -66,000,000 27,000,000 -39,000,000 -27,000,000 -15,000,000 -63,000,000 19,000,000 13,000,000 -76,000,000 -6,000,000 22,000,000 -87,000,000 -11,000,000 45,000,000 -59,000,000 54,000,000 -49,000,000 -51,000,000 44,000,000 52,000,000 -23,000,000 24,000,000 -94,000,000 55,000,000 -122,000,000 21,000,000 -72,000,000 117,000,000 -1,000,000 -84,000,000 -65,000,000 
      other current assets
    		               -13,000,000   -26,000,000 5,000,000 6,000,000 -5,000,000 -53,000,000 11,000,000 4,000,000 16,000,000 -3,000,000 2,000,000 2,000,000 -1,000,000 6,000,000 17,000,000 6,000,000 -3,000,000 20,000,000 11,000,000 8,000,000 9,000,000 -14,000,000 -7,000,000 -16,000,000 7,000,000 23,000,000 -19,000,000 -4,000,000 11,000,000 10,000,000 28,000,000 -14,000,000 -30,000,000 43,000,000 -25,000,000 91,000,000 -127,000,000 34,000,000 42,000,000 14,000,000 -68,000,000 25,000,000 
      other current liabilities
    		               52,000,000 -17,000,000 -59,000,000 -2,000,000 69,000,000 -2,000,000 -37,000,000 11,000,000 38,000,000 -55,000,000 -101,000,000 -27,000,000 23,000,000 -2,000,000 2,000,000 3,000,000 -41,000,000 30,000,000 5,000,000 -55,000,000 15,000,000 -32,000,000 6,000,000 28,000,000 -57,000,000 5,000,000 4,000,000 -32,000,000 37,000,000 -6,000,000 -16,000,000 -16,000,000 24,000,000 11,000,000 35,000,000 -64,000,000 35,000,000 -84,000,000 141,000,000 -63,000,000 29,000,000 28,000,000 8,000,000 -85,000,000 
      other non-current assets
    		                                                           
      other non-current liabilities
    		               -53,000,000 -10,000,000 17,000,000                                          
      distributions from unconsolidated affiliate in excess of cumulative earnings
    		                   39,000,000 0 7,000,000     74,000,000 75,000,000 74,000,000                               
      payments of long-term debt
    		               -30,000,000 -1,572,000,000 -388,000,000 -664,000,000 -28,000,000 -969,000,000 -63,000,000 -77,000,000 -148,000,000 -83,000,000 -994,000,000 -405,000,000 -588,000,000 -147,000,000 -113,000,000 -261,000,000 -139,000,000 -104,000,000 -142,000,000 -231,000,000 -583,000,000 -612,000,000 -956,000,000 -46,000,000 -526,000,000 -143,000,000 0 -766,000,000 0 -335,000,000 -7,000,000 -441,000,000 -7,000,000 -105,000,000 0 -110,000,000 0 -82,000,000 -776,000,000 -515,000,000 -39,000,000 -75,000,000 0 -434,000,000 
      payments of revolving credit facilities
    		                                                           
      unrealized loss on marketable securities
    		                -75,000,000 23,000,000              17,000,000                   34,000,000         
      other
    		                10,000,000 -5,000,000         6,000,000 7,000,000 3,000,000 9,000,000 7,000,000 -1,000,000 13,000,000 7,000,000 -8,000,000 -7,000,000 12,000,000 0 6,000,000 4,000,000 4,000,000 10,000,000 1,000,000 -15,000,000 5,000,000 6,000,000 2,000,000 8,000,000 4,000,000 3,000,000 1,000,000 2,000,000 -37,000,000 -10,000,000 12,000,000 0 2,000,000 -7,000,000 17,000,000 
      depreciation and amortization on assets held for sale
    		                                                           
      loss on early extinguishment of debt
    		                                                           
      fuel cost recovery
    		                  -16,000,000 -20,000,000 4,000,000 11,000,000 24,000,000 -10,000,000 20,000,000 58,000,000 -6,000,000 -14,000,000 -3,000,000 -15,000,000 0 86,000,000 -15,000,000 -15,000,000 -27,000,000 11,000,000 105,000,000 -9,000,000                      
      other assets
    		                  7,000,000 -10,000,000 -4,000,000 19,000,000 22,000,000 5,000,000 18,000,000 58,000,000 -4,000,000     6,000,000 -3,000,000 -1,000,000 9,000,000 -4,000,000 1,000,000 2,000,000 -8,000,000 2,000,000   2,000,000 0 1,000,000 -4,000,000 -5,000,000 -2,000,000 2,000,000 3,000,000 -4,000,000 40,000,000 -31,000,000 -14,000,000 -15,000,000 6,000,000 -22,000,000 -13,000,000 -4,000,000 
      other liabilities
    		                  -33,000,000 5,000,000 40,000,000 1,000,000 -32,000,000 8,000,000 9,000,000 -39,000,000 15,000,000 9,000,000 8,000,000 12,000,000 -2,000,000 -1,000,000 8,000,000 8,000,000 13,000,000 10,000,000 7,000,000 22,000,000 2,000,000 8,000,000 -55,000,000 -1,000,000 7,000,000 2,000,000 5,000,000 -16,000,000 13,000,000 -11,000,000 -6,000,000 -4,000,000 24,000,000 12,000,000 33,000,000 -6,000,000 -47,000,000 -1,000,000 16,000,000 -32,000,000 -34,000,000 
      proceeds for sale of assets
    		                                                           
      purchase of investments
    		                                                           
      proceeds from issuance of preferred stock
    		                                                           
      distribution to zens holders
    		                                                           
      increase in notes receivable – unconsolidated affiliate
    		                                                           
      long-term revolving credit facility
    		                     1,050,000,000   0 135,000,000                                  
      debt issuance costs
    		                       -10,000,000 -1,000,000 -8,000,000 -2,000,000 -3,000,000 -4,000,000    -2,000,000 -1,000,000 -5,000,000   -7,000,000 -1,000,000 -8,000,000 -14,000,000 0 -9,000,000 0 0 0 -2,000,000 -6,000,000 0 0 -4,000,000 -15,000,000 -1,000,000   -5,000,000 0 2,000,000 -6,000,000 
      proceeds from sale of assets
    		                                                           
      loss on reacquired debt
    		                                                           
      debt and equity issuance costs
    		                                                           
      equity in earnings of unconsolidated affiliates, net of distributions
    		                       1,000,000       30,000,000 20,000,000 -8,000,000 24,000,000 -22,000,000 -29,000,000 4,000,000   2,000,000 2,000,000 4,000,000 -3,000,000   1,000,000 5,000,000 1,000,000 4,000,000           
      proceeds from issuance of series a preferred stock
    		                                                           
      distribution to zens note holders
    		                                                           
      equity in earnings of unconsolidated affiliate, net of distributions
    		                         12,000,000 -72,000,000                                 
      decrease in notes receivable – unconsolidated affiliate
    		                           0 363,000,000                               
      investment in preferred units – unconsolidated affiliate
    		                           0 -363,000,000                               
      decrease (increase) in restricted cash of bond companies
    		                          4,000,000 2,000,000 -4,000,000                               
      net increase in cash and cash equivalents
    		                               -64,000,000   171,000,000 252,000,000 -401,000,000 -401,000,000 27,000,000 876,000,000                75,000,000 -58,000,000 52,000,000 -67,000,000 
      cash and cash equivalents at beginning of period
    		                          341,000,000 0 264,000,000 0 0 298,000,000 0 0 208,000,000 0 646,000,000 0 0 220,000,000 0 0 199,000,000  0 0 740,000,000  0 0 167,000,000  0 0 129,000,000  0 0 127,000,000 
      cash and cash equivalents at end of period
    		                          254,000,000 53,000,000 218,000,000 -18,000,000 11,000,000 234,000,000 24,000,000 -173,000,000 379,000,000 252,000,000 245,000,000 -401,000,000 27,000,000 1,096,000,000 -87,000,000 95,000,000 95,000,000  -484,000,000 254,000,000 329,000,000  -90,000,000 86,000,000 65,000,000  -66,000,000 80,000,000 70,000,000  -58,000,000 52,000,000 60,000,000 
      supplemental disclosure of cash flow information:
    		                                                           
      cash payments/receipts:
    		                                                           
      interest, net of capitalized interest
    		                          112,000,000 87,000,000 113,000,000 114,000,000 94,000,000 115,000,000 135,000,000 81,000,000 122,000,000  147,000,000 187,000,000 81,000,000 178,000,000 194,000,000 90,000,000 186,000,000 104,000,000 213,000,000 101,000,000 191,000,000 117,000,000 209,000,000 116,000,000 182,000,000 139,000,000 160,000,000 114,000,000 173,000,000 125,000,000 162,000,000 108,000,000 177,000,000 
      income taxes (refunds)
    		                                     7,000,000   2,000,000      -8,000,000            34,000,000 
      non-cash transactions:
    		                                                           
      net decrease in cash and cash equivalents
    		                          -87,000,000  -46,000,000            -87,000,000 95,000,000 -104,000,000  -484,000,000 254,000,000 -411,000,000    -102,000,000    -59,000,000     
      income tax refunds
    		                          -2,000,000 32,000,000 -158,000,000   -166,000,000   -1,000,000  -3,000,000   -8,000,000   -160,000,000                 
      equity in (earnings) losses of unconsolidated affiliate, net of distributions
    		                           -31,000,000 -60,000,000                               
      proceeds of commercial paper
    		                                                           
      payment of common stock dividends
    		                           -111,000,000 -110,000,000 -106,000,000 -107,000,000 -106,000,000 -102,000,000 -102,000,000 -102,000,000 -89,000,000 -89,000,000 -86,000,000 -86,000,000 -87,000,000 -84,000,000 -84,000,000 -84,000,000 -83,000,000 -82,000,000 -77,000,000 -77,000,000 -74,000,000 -69,000,000 -67,000,000 -66,000,000 -63,000,000 -63,000,000 -60,000,000 -60,000,000 -54,000,000 -55,000,000 -55,000,000 -54,000,000 
      cash payments:
    		                                                           
      equity in (earnings) losses of unconsolidated affiliates, net of distributions
    		                                                           
      decrease (increase) in restricted cash of transition and system restoration bond companies
    		                             -4,000,000 8,000,000 5,000,000 1,000,000 -8,000,000 -2,000,000 1,000,000 1,000,000                       
      income tax payments
    		                                                           
      exercise of sesh put to enable
    		                             0                              
      investment in unconsolidated affiliates
    		                                      0 -4,000,000 -2,000,000 -4,000,000 -3,000,000 3,000,000 1,000,000 -2,000,000 -20,000,000 -4,000,000 -112,000,000 -1,000,000 2,000,000 1,000,000 -45,000,000 -57,000,000 -105,000,000 1,000,000    
      proceeds (payments) of commercial paper
    		                                                           
      income tax payments (refunds)
    		                                                           
      unrealized gain on indexed debt securities
    		                               -24,000,000   -43,000,000      -88,000,000     -32,000,000 27,000,000 14,000,000 30,000,000 46,000,000 -22,000,000 -62,000,000 -33,000,000 17,000,000 -50,000,000 -41,000,000 -56,000,000 27,000,000 -41,000,000 
      unrealized loss on indexed debt securities
    		                                22,000,000   27,000,000 51,000,000  -9,000,000 33,000,000   23,000,000                 
      cash contribution to enable
    		                                                           
      redemption of indexed debt securities
    		                                                           
      income taxes
    		                                17,000,000            66,000,000    2,000,000 29,000,000 26,000,000  46,000,000 103,000,000 39,000,000  17,000,000   
      formation of enable
    		                                                           
      cash paid for debt retirement
    		                                 0 -1,000,000                         
      accounts receivable/payable, affiliates
    		                                                           
      cash contribution to midstream partnership
    		                                                           
      extraordinary item, net of tax
    		                                                           
      return on true-up balance
    		                                                           
      step acquisition gain
    		                                                           
      capital expenditures, net of acquisitions
    		                                     -294,000,000                      
      increase in restricted cash of transition and system restoration bond companies
    		                                     1,000,000 2,000,000 -15,000,000                    
      distributions from (investment in) unconsolidated affiliates
    		                                                           
      cash received from u.s. department of energy grant
    		                                                           
      cash paid for debt exchange and debt retirement
    		                                                           
      acquisitions
    		                                                           
      cash paid for debt exchange
    		                                        0 0 -58,000,000                 
      fuel cost over (under) recovery
    		                                       -43,000,000 -33,000,000   -52,000,000 -50,000,000 -33,000,000 126,000,000 48,000,000 -19,000,000        -51,000,000   
      cash received from u.s department of energy grant
    		                                        33,000,000 45,000,000 32,000,000                 
      decrease (increase) in restricted cash of transition and system restoration bonds companies
    		                                                           
      fuel cost over recovery
    		                                          13,000,000        -30,000,000    29,000,000    23,000,000 
      decrease in restricted cash of transition and system restoration bonds companies
    		                                             0 1,000,000             
      decrease (increase) in notes receivable from unconsolidated affiliates
    		                                               0            
      revolving credit facilities
    		                                                           
      cash and cash equivalents at beginning of year
    		                                                           
      cash and cash equivalents at end of year
    		                                                           
      equity in earnings (losses) of unconsolidated affiliates, net of distributions
    		                                                           
      decrease in notes receivable from unconsolidated affiliates
    		                                                           
      cash received from doe grant
    		                                            25,000,000               
      adjustments to reconcile income from continuing operations to net cash from operating activities:
    		                                                           
      decrease (increase) in restricted cash of transition bond companies
    		                                                -3,000,000 5,000,000 1,000,000   6,000,000 -13,000,000   -4,000,000 5,000,000 
      long-term revolving credit facilities
    		                                                -499,000,000 -226,000,000 -706,000,000  676,000,000 292,000,000 -231,000,000     
      increase in notes receivable from unconsolidated affiliates
    		                                                   0 -79,000,000 -94,000,000 -2,000,000 -97,000,000    
      tax and interest reserves reductions related to zens and aces settlement
    		                                                           
      unrealized gain on time warner investment
    		                                                       40,000,000    
      increase in restricted cash of transition bond companies
    		                                                   -3,000,000        
      unrealized loss on time warner investment
    		                                                    36,000,000 -17,000,000 54,000,000   -28,000,000 44,000,000 
      write- down of natural gas inventory
    		                                                           
      discontinued operations, net of tax
    		                                                           
      income from continuing operations and cumulative effect of accounting change
    		                                                           
      investment tax credit
    		                                                       -2,000,000 -2,000,000 -2,000,000 -2,000,000 
      fuel cost over (under) recovery/surcharge
    		                                                           
      pension contribution
    		                                                           
      net cash from operating activities of continuing operations
    		                                                           
      net cash from operating activities of discontinued operations
    		                                                           
      proceeds from sale of texas genco
    		                                                           
      purchase of minority interest of texas genco
    		                                                           
      decrease in restricted cash for purchase of minority interest of texas genco
    		                                                           
      increase in cash of texas genco
    		                                                           
      increase in accounts payable related to capital expenditures
    		                                                           
      tax and interest reserves reductions related to zens and aces
    		                                                           
      short-term risk management activities
    		                                                           
      proceeds from issuance of long-term debt
    		                                                        0   
      clawback payment from rri
    		                                                           
      proceeds from sale of texas genco, including cash retained
    		                                                           
      decrease (increase) in restricted cash for purchase of minority interest of texas genco
    		                                                           
      funds held for purchase of additional shares in south texas project
    		                                                           
      payment of common stock dividends by subsidiary
    		                                                           
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.