Consolidated Edison, Inc(NYSE:ED)
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million custo...
Website: http://www.conedison.com
Founded: 1823
Full Time Employees: 14,890
Sector: Utilities
Industry: Utilities-Regulated Electric
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Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 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 |
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operating revenues | |||||||||||||||||||||||||||||
electric | 3,039,000,000 | 2,884,000,000 | 4,040,000,000 | 2,777,000,000 | 2,901,000,000 | 2,719,000,000 | 3,669,000,000 | 2,550,000,000 | 2,636,000,000 | 2,526,000,000 | 3,469,000,000 | 2,303,000,000 | 2,538,000,000 | 2,528,000,000 | 3,328,000,000 | 2,416,000,000 | 2,250,000,000 | 2,305,000,000 | 2,952,000,000 | 2,115,000,000 | 2,113,000,000 | 2,070,000,000 | 2,770,000,000 | 1,983,000,000 | 1,906,000,000 | 2,029,000,000 | 2,753,000,000 | 1,971,000,000 | 1,941,000,000 |
gas | 1,623,000,000 | 924,000,000 | 433,000,000 | 711,000,000 | 1,543,000,000 | 795,000,000 | 373,000,000 | 582,000,000 | 1,356,000,000 | 773,000,000 | 353,000,000 | 571,000,000 | 1,430,000,000 | 892,000,000 | 453,000,000 | 643,000,000 | 1,250,000,000 | 731,000,000 | 341,000,000 | 490,000,000 | 1,076,000,000 | 596,000,000 | 289,000,000 | 453,000,000 | 931,000,000 | 601,000,000 | 306,000,000 | 449,000,000 | 1,034,000,000 |
steam | 432,000,000 | 186,000,000 | 56,000,000 | 106,000,000 | 354,000,000 | 155,000,000 | 49,000,000 | 88,000,000 | 287,000,000 | 144,000,000 | 49,000,000 | 69,000,000 | 306,000,000 | 149,000,000 | 58,000,000 | 84,000,000 | 302,000,000 | 139,000,000 | 55,000,000 | 74,000,000 | 264,000,000 | 123,000,000 | 51,000,000 | 84,000,000 | 250,000,000 | 158,000,000 | 58,000,000 | 90,000,000 | 321,000,000 |
non-utility | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 129,000,000 | 462,000,000 | 326,000,000 | 272,000,000 | 258,000,000 | 240,000,000 | 265,000,000 | 292,000,000 | 224,000,000 | 171,000,000 | 223,000,000 | 199,000,000 | 147,000,000 | 163,000,000 | 248,000,000 | 234,000,000 | 218,000,000 | ||||
total operating revenues | 5,095,000,000 | 3,994,000,000 | 4,530,000,000 | 3,595,000,000 | 4,798,000,000 | 3,669,000,000 | 4,092,000,000 | 3,220,000,000 | 4,280,000,000 | 3,444,000,000 | 3,872,000,000 | 2,944,000,000 | 4,403,000,000 | 4,031,000,000 | 4,165,000,000 | 3,415,000,000 | 4,060,000,000 | 3,415,000,000 | 3,613,000,000 | 2,971,000,000 | 3,677,000,000 | 2,960,000,000 | 3,333,000,000 | 2,719,000,000 | 3,234,000,000 | 2,951,000,000 | 3,365,000,000 | 2,744,000,000 | 3,514,000,000 |
yoy | 6.19% | 8.86% | 10.70% | 11.65% | 12.10% | 6.53% | 5.68% | 9.38% | -2.79% | -14.56% | -7.03% | -13.79% | 8.45% | 18.04% | 15.28% | 14.94% | 10.42% | 15.37% | 8.40% | 9.27% | 13.70% | 0.30% | -0.95% | -0.91% | -7.97% | ||||
qoq | 27.57% | -11.83% | 26.01% | -25.07% | 30.77% | -10.34% | 27.08% | -24.77% | 24.27% | -11.05% | 31.52% | -33.14% | 9.23% | -3.22% | 21.96% | -15.89% | 18.89% | -5.48% | 21.61% | -19.20% | 24.22% | -11.19% | 22.58% | -15.92% | 9.59% | -12.30% | 22.63% | -21.91% | |
operating expenses | |||||||||||||||||||||||||||||
purchased power | 756,000,000 | 669,000,000 | 905,000,000 | 649,000,000 | 721,000,000 | 627,000,000 | 743,000,000 | 556,000,000 | 649,000,000 | 548,000,000 | 796,000,000 | 495,000,000 | 702,000,000 | 628,000,000 | 731,000,000 | 633,000,000 | 487,000,000 | 387,000,000 | 548,000,000 | 463,000,000 | 437,000,000 | 408,000,000 | 503,000,000 | 380,000,000 | 308,000,000 | 343,000,000 | 483,000,000 | 352,000,000 | 368,000,000 |
fuel | 189,000,000 | 67,000,000 | 40,000,000 | 27,000,000 | 127,000,000 | 40,000,000 | 27,000,000 | 15,000,000 | 88,000,000 | 41,000,000 | 34,000,000 | 18,000,000 | 189,000,000 | 101,000,000 | 59,000,000 | 52,000,000 | 144,000,000 | 63,000,000 | 44,000,000 | 29,000,000 | 93,000,000 | 32,000,000 | 24,000,000 | 23,000,000 | 78,000,000 | 44,000,000 | 31,000,000 | 26,000,000 | 106,000,000 |
gas purchased for resale | 426,000,000 | 253,000,000 | 113,000,000 | 171,000,000 | 362,000,000 | 197,000,000 | 67,000,000 | 68,000,000 | 267,000,000 | 189,000,000 | 73,000,000 | 99,000,000 | 468,000,000 | 412,000,000 | 185,000,000 | 205,000,000 | 443,000,000 | 229,000,000 | 83,000,000 | 83,000,000 | 296,000,000 | 163,000,000 | 55,000,000 | 77,000,000 | 232,000,000 | 209,000,000 | 98,000,000 | 131,000,000 | 442,000,000 |
other operations and maintenance | 940,000,000 | 964,000,000 | 965,000,000 | 923,000,000 | 952,000,000 | 910,000,000 | 986,000,000 | 967,000,000 | 888,000,000 | 928,000,000 | 933,000,000 | 849,000,000 | 896,000,000 | 1,120,000,000 | 999,000,000 | 881,000,000 | 905,000,000 | 811,000,000 | 849,000,000 | 804,000,000 | 790,000,000 | 698,000,000 | 736,000,000 | 680,000,000 | 700,000,000 | 753,000,000 | 847,000,000 | 781,000,000 | 794,000,000 |
depreciation and amortization | 572,000,000 | 595,000,000 | 586,000,000 | 576,000,000 | 564,000,000 | 554,000,000 | 550,000,000 | 512,000,000 | 539,000,000 | 525,000,000 | 512,000,000 | 496,000,000 | 499,000,000 | 463,000,000 | 525,000,000 | 539,000,000 | 529,000,000 | 521,000,000 | 512,000,000 | 502,000,000 | 497,000,000 | 492,000,000 | 482,000,000 | 476,000,000 | 470,000,000 | 431,000,000 | 421,000,000 | 418,000,000 | 413,000,000 |
taxes, other than income taxes | 1,035,000,000 | 963,000,000 | 953,000,000 | 894,000,000 | 947,000,000 | 832,000,000 | 857,000,000 | 782,000,000 | 808,000,000 | 761,000,000 | 801,000,000 | 716,000,000 | 765,000,000 | 757,000,000 | 777,000,000 | 718,000,000 | 753,000,000 | 707,000,000 | 727,000,000 | 672,000,000 | 704,000,000 | 660,000,000 | 673,000,000 | 604,000,000 | 638,000,000 | 606,000,000 | 618,000,000 | 578,000,000 | 605,000,000 |
total operating expenses | 3,918,000,000 | 3,511,000,000 | 3,562,000,000 | 3,240,000,000 | 3,673,000,000 | 3,160,000,000 | 3,230,000,000 | 2,900,000,000 | 3,239,000,000 | 2,992,000,000 | 3,149,000,000 | 2,673,000,000 | 3,519,000,000 | 3,481,000,000 | 3,276,000,000 | 3,028,000,000 | 3,261,000,000 | 2,718,000,000 | 2,763,000,000 | 2,553,000,000 | 2,817,000,000 | 2,453,000,000 | 2,473,000,000 | 2,240,000,000 | 2,426,000,000 | 2,386,000,000 | 2,498,000,000 | 2,286,000,000 | 2,728,000,000 |
operating income | 1,177,000,000 | 487,000,000 | 968,000,000 | 355,000,000 | 1,125,000,000 | 477,000,000 | 862,000,000 | 320,000,000 | 1,011,000,000 | 451,000,000 | 722,000,000 | 284,000,000 | 1,739,000,000 | 550,000,000 | 889,000,000 | 387,000,000 | 799,000,000 | 697,000,000 | 850,000,000 | 418,000,000 | 860,000,000 | 507,000,000 | 860,000,000 | 479,000,000 | 808,000,000 | 565,000,000 | 867,000,000 | 458,000,000 | 786,000,000 |
yoy | 4.62% | 2.10% | 12.30% | 10.94% | 11.28% | 5.76% | 19.39% | 12.68% | -41.86% | -18.00% | -18.79% | -26.61% | 117.65% | -21.09% | 4.59% | -7.42% | -7.09% | 37.48% | -1.16% | -12.73% | 6.44% | -10.27% | -0.81% | 4.59% | 2.80% | ||||
qoq | 141.68% | -49.69% | 172.68% | -68.44% | 135.85% | -44.66% | 169.38% | -68.35% | 124.17% | -37.53% | 154.23% | -83.67% | 216.18% | -38.13% | 129.72% | -51.56% | 14.63% | -18.00% | 103.35% | -51.40% | 69.63% | -41.05% | 79.54% | -40.72% | 43.01% | -34.83% | 89.30% | -41.73% | |
operating margin % | 23.10% | 12.19% | 21.37% | 9.87% | 23.45% | 13.00% | 21.07% | 9.94% | 23.62% | 13.10% | 18.65% | 9.65% | 39.50% | 13.64% | 21.34% | 11.33% | 19.68% | 20.41% | 23.53% | 14.07% | 23.39% | 17.13% | 25.80% | 17.62% | 24.98% | 19.15% | 25.77% | 16.69% | 22.37% |
gain on sale of interest in mountain valley pipeline, llc | 189,000,000 | ||||||||||||||||||||||||||||
other income | 143,000,000 | 214,000,000 | 208,000,000 | 214,000,000 | 201,000,000 | 159,000,000 | 157,000,000 | 155,000,000 | 164,000,000 | 209,000,000 | 210,000,000 | 210,000,000 | 204,000,000 | 106,000,000 | 101,000,000 | 113,000,000 | 82,000,000 | 3,000,000 | 5,000,000 | 7,000,000 | 6,000,000 | 8,000,000 | 8,000,000 | 4,000,000 | 2,000,000 | 19,000,000 | 10,000,000 | 4,000,000 | 11,000,000 |
investment income | 18,000,000 | 12,000,000 | 18,000,000 | 17,000,000 | 16,000,000 | 16,000,000 | 17,000,000 | 11,000,000 | 19,000,000 | 39,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | -240,000,000 | 5,000,000 | -24,000,000 | -161,000,000 | -292,000,000 | 27,000,000 | 25,000,000 | 26,000,000 | 26,000,000 | 25,000,000 | 22,000,000 | 24,000,000 |
allowance for equity funds used during construction | 22,000,000 | 17,000,000 | 16,000,000 | 18,000,000 | 18,000,000 | 9,000,000 | 8,000,000 | 10,000,000 | 10,000,000 | 6,000,000 | 7,000,000 | 6,000,000 | 6,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 2,000,000 | 5,000,000 | 5,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 3,000,000 |
other deductions | -14,000,000 | -41,000,000 | -11,000,000 | -8,000,000 | -14,000,000 | -36,000,000 | -17,000,000 | -16,000,000 | -11,000,000 | -35,000,000 | -18,000,000 | -17,000,000 | -22,000,000 | -58,000,000 | -21,000,000 | -34,000,000 | -2,000,000 | -48,000,000 | -37,000,000 | -38,000,000 | -36,000,000 | -50,000,000 | -50,000,000 | -55,000,000 | -72,000,000 | -28,000,000 | -25,000,000 | -27,000,000 | -24,000,000 |
total other income | 169,000,000 | 202,000,000 | 231,000,000 | 241,000,000 | 221,000,000 | 148,000,000 | 165,000,000 | 160,000,000 | 182,000,000 | 219,000,000 | 207,000,000 | 207,000,000 | 196,000,000 | 57,000,000 | 89,000,000 | 89,000,000 | 90,000,000 | -279,000,000 | -22,000,000 | -50,000,000 | -186,000,000 | -329,000,000 | -13,000,000 | -21,000,000 | -39,000,000 | 20,000,000 | 14,000,000 | 3,000,000 | 14,000,000 |
income before interest and income tax expense | 1,535,000,000 | 689,000,000 | 1,199,000,000 | 596,000,000 | 1,346,000,000 | 625,000,000 | 1,027,000,000 | 480,000,000 | 1,193,000,000 | 670,000,000 | 929,000,000 | 491,000,000 | 1,935,000,000 | 607,000,000 | 978,000,000 | 476,000,000 | 889,000,000 | 418,000,000 | 828,000,000 | 368,000,000 | 674,000,000 | 178,000,000 | 847,000,000 | 458,000,000 | 769,000,000 | 585,000,000 | 881,000,000 | 461,000,000 | 800,000,000 |
interest expense | |||||||||||||||||||||||||||||
interest on long-term debt | 308,000,000 | 301,000,000 | 292,000,000 | 292,000,000 | 292,000,000 | 287,000,000 | 275,000,000 | 267,000,000 | 255,000,000 | 243,000,000 | 234,000,000 | 234,000,000 | 251,000,000 | 259,000,000 | 246,000,000 | 242,000,000 | 241,000,000 | 237,000,000 | 235,000,000 | 230,000,000 | 227,000,000 | 230,000,000 | 227,000,000 | 234,000,000 | 224,000,000 | 228,000,000 | 220,000,000 | 219,000,000 | 221,000,000 |
other interest expense | 18,000,000 | 23,000,000 | 31,000,000 | 26,000,000 | 39,000,000 | 35,000,000 | 47,000,000 | 36,000,000 | 48,000,000 | 35,000,000 | 39,000,000 | 14,000,000 | 24,000,000 | ||||||||||||||||
allowance for borrowed funds used during construction | -18,000,000 | -13,000,000 | -14,000,000 | -18,000,000 | -18,000,000 | -18,000,000 | -16,000,000 | -15,000,000 | -14,000,000 | -13,000,000 | -14,000,000 | -12,000,000 | -13,000,000 | -13,000,000 | -15,000,000 | -5,000,000 | -3,000,000 | -2,000,000 | -1,000,000 | -4,000,000 | -4,000,000 | -4,000,000 | -5,000,000 | -2,000,000 | -3,000,000 | -3,000,000 | -3,000,000 | -3,000,000 | |
net interest expense | 308,000,000 | 311,000,000 | 309,000,000 | 300,000,000 | 313,000,000 | 304,000,000 | 306,000,000 | 288,000,000 | 289,000,000 | 265,000,000 | 259,000,000 | 236,000,000 | 262,000,000 | 266,000,000 | 199,000,000 | 205,000,000 | 182,000,000 | 236,000,000 | 232,000,000 | 261,000,000 | 176,000,000 | 222,000,000 | 226,000,000 | 247,000,000 | 322,000,000 | 219,000,000 | 262,000,000 | 263,000,000 | 247,000,000 |
income before income tax expense | 1,227,000,000 | 378,000,000 | 890,000,000 | 296,000,000 | 1,033,000,000 | 321,000,000 | 721,000,000 | 192,000,000 | 904,000,000 | 405,000,000 | 670,000,000 | 255,000,000 | 1,673,000,000 | 341,000,000 | 779,000,000 | 271,000,000 | 707,000,000 | 182,000,000 | 596,000,000 | 107,000,000 | 498,000,000 | -44,000,000 | 621,000,000 | 211,000,000 | 447,000,000 | 366,000,000 | 619,000,000 | 198,000,000 | 553,000,000 |
income tax expense | 303,000,000 | 81,000,000 | 202,000,000 | 50,000,000 | 242,000,000 | 11,000,000 | 133,000,000 | -10,000,000 | 184,000,000 | 71,000,000 | 144,000,000 | 29,000,000 | 243,000,000 | 168,000,000 | 160,000,000 | 153,000,000 | -4,000,000 | 127,000,000 | -11,000,000 | 78,000,000 | -93,000,000 | 119,000,000 | 9,000,000 | 55,000,000 | 53,000,000 | 116,000,000 | 19,000,000 | 108,000,000 | |
net income | 924,000,000 | 310,000,000 | 588,000,000 | 202,000,000 | 720,000,000 | 334,000,000 | 526,000,000 | 226,000,000 | 1,430,000,000 | 173,000,000 | 619,000,000 | 254,000,000 | 554,000,000 | 186,000,000 | 469,000,000 | 118,000,000 | 420,000,000 | 49,000,000 | 502,000,000 | 202,000,000 | 392,000,000 | 313,000,000 | 503,000,000 | 179,000,000 | 445,000,000 | ||||
yoy | -7.19% | 11.79% | -10.62% | -49.65% | 93.06% | -15.02% | -11.02% | 158.12% | -6.99% | 31.98% | 115.25% | 31.90% | 279.59% | -6.57% | -41.58% | 7.14% | -84.35% | -0.20% | 12.85% | -11.91% | |||||||||
qoq | -47.28% | 191.09% | -71.94% | 115.57% | -36.50% | 132.74% | -84.20% | 726.59% | -72.05% | 143.70% | -54.15% | 197.85% | -60.34% | 297.46% | -71.90% | 757.14% | -90.24% | 148.51% | -48.47% | 25.24% | -37.77% | 181.01% | -59.78% | ||||||
net income margin % | 18.14% | 0% | 0% | 0% | 0% | 8.45% | 14.37% | 6.27% | 16.82% | 9.70% | 13.58% | 7.68% | 32.48% | 4.29% | 14.86% | 7.44% | 13.65% | 5.45% | 12.98% | 3.97% | 11.42% | 1.66% | 15.06% | 7.43% | 12.12% | 10.61% | 14.95% | 6.52% | 12.66% |
net income per common share - basic | 2,550,000 | 820,000 | 1,910,000 | 680,000 | 2,260,000 | ||||||||||||||||||||||||
net income per common share - diluted | 2,540,000 | 810,000 | 1,900,000 | 680,000 | 2,250,000 | ||||||||||||||||||||||||
average number of shares outstanding—basic | 363,000,000 | 1,000,000 | 360,700,000 | 360,400,000 | 350,100,000 | 86,475,000 | 346,200,000 | 345,900,000 | 345,500,000 | 87,100,000 | 345,000,000 | 345,900,000 | 352,900,000 | 88,600,000 | 354,600,000 | 354,300,000 | 354,100,000 | 86,700,000 | 353,400,000 | 345,400,000 | 342,200,000 | 83,525,000 | 334,500,000 | 334,100,000 | 333,600,000 | 81,825,000 | 332,200,000 | 328,300,000 | 322,500,000 |
average number of shares outstanding—diluted | 364,400,000 | 1,100,000 | 361,900,000 | 361,700,000 | 351,300,000 | 86,800,000 | 347,500,000 | 347,100,000 | 346,800,000 | 87,475,000 | 346,500,000 | 347,400,000 | 354,200,000 | 88,925,000 | 355,900,000 | 355,500,000 | 355,100,000 | 86,875,000 | 354,100,000 | 346,200,000 | 343,000,000 | 83,750,000 | 335,400,000 | 335,000,000 | 334,600,000 | 82,075,000 | 333,200,000 | 329,200,000 | 323,400,000 |
loss on sale of the clean energy businesses | |||||||||||||||||||||||||||||
net income for common stock | 297,000,000 | 688,000,000 | 246,000,000 | 791,000,000 | 310,000,000 | 588,000,000 | 202,000,000 | 720,000,000 | 334,000,000 | 526,000,000 | 226,000,000 | 1,433,000,000 | 190,000,000 | 613,000,000 | 255,000,000 | 602,000,000 | 224,000,000 | 538,000,000 | 165,000,000 | 419,000,000 | 43,000,000 | 493,000,000 | 190,000,000 | 375,000,000 | 295,000,000 | 473,000,000 | 152,000,000 | 424,000,000 | |
gain on sale of the clean energy businesses | -32,000,000 | -30,000,000 | -1,000,000 | -1,000,000 | 13,000,000 | 855,000,000 | |||||||||||||||||||||||
loss attributable to non-controlling interest | -3,000,000 | -1,000,000 | |||||||||||||||||||||||||||
net income per common share—basic | 1,092,500 | 1,700,000 | 580,000 | 2,080,000 | 1,567,500 | 1,530,000 | 650,000 | 4,060,000 | 1,037,500 | 1,730,000 | 720,000 | 1,700,000 | 807,500 | 1,520,000 | 480,000 | 1,230,000 | 792,500 | 1,470,000 | 570,000 | 1,130,000 | 800,000 | 1,420,000 | 460,000 | 1,310,000 | |||||
net income per common share—diluted | 1,087,500 | 1,690,000 | 580,000 | 2,080,000 | 1,560,000 | 1,520,000 | 650,000 | 4,050,000 | 1,032,500 | 1,720,000 | 720,000 | 1,700,000 | 807,500 | 1,520,000 | 480,000 | 1,220,000 | 790,000 | 1,470,000 | 570,000 | 1,120,000 | 797,500 | 1,420,000 | 460,000 | 1,310,000 | |||||
income attributable to non-controlling interest | -750,000 | -17,000,000 | 6,000,000 | -48,000,000 | -38,000,000 | -69,000,000 | -47,000,000 | 1,000,000 | 6,000,000 | 9,000,000 | 12,000,000 | 17,000,000 | 18,000,000 | 30,000,000 | 27,000,000 | 21,000,000 | |||||||||||||
interest income | |||||||||||||||||||||||||||||
other interest income | -29,750,000 | -32,000,000 | -32,000,000 | -56,000,000 | |||||||||||||||||||||||||
income tax benefit | 17,000,000 | ||||||||||||||||||||||||||||
other interest | 1,000,000 | -2,000,000 | 35,000,000 | -47,000,000 | -4,000,000 | 4,000,000 | 15,000,000 | 101,000,000 | -6,000,000 | 45,000,000 | 47,000,000 | 29,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 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 | 2018-06-30 | 2017-09-30 | 2017-06-30 | 2015-03-31 | 2014-09-30 | 2014-03-31 | 2013-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||
cash and temporary cash investments | 1,629,000,000 | 181,000,000 | 1,506,000,000 | 360,000,000 | 1,324,000,000 | 93,000,000 | 1,500,000,000 | 169,000,000 | 1,189,000,000 | 539,000,000 | 1,955,000,000 | 771,000,000 | 1,282,000,000 | 18,000,000 | 992,000,000 | 66,000,000 | 1,067,000,000 | 76,000,000 | 1,272,000,000 | 153,000,000 | 981,000,000 | 406,000,000 | 866,000,000 | 69,000,000 | 816,000,000 | 117,000,000 | 205,000,000 | 102,000,000 | 74,000,000 | ||||||
accounts receivable – customers, net allowance for uncollectible accounts of 507 and 620 in 2025 and 2024, respectively | 2,583,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 35 and 41 in 2025 and 2024, respectively | 232,000,000 | ||||||||||||||||||||||||||||||||||
taxes receivable | 11,000,000 | 1,000,000 | 1,000,000 | 119,000,000 | 145,000,000 | 1,000,000 | 3,000,000 | 7,000,000 | 10,000,000 | 10,000,000 | 4,000,000 | 4,000,000 | 13,000,000 | 8,000,000 | 12,000,000 | 11,000,000 | 26,000,000 | 26,000,000 | -1,000,000 | -1,000,000 | 20,000,000 | 39,000,000 | 19,000,000 | 27,000,000 | |||||||||||
accrued unbilled revenue | 821,000,000 | 652,000,000 | 641,000,000 | 539,000,000 | 848,000,000 | 617,000,000 | 683,000,000 | 771,000,000 | 722,000,000 | 547,000,000 | 505,000,000 | 506,000,000 | 702,000,000 | 120,000,000 | 662,000,000 | 656,000,000 | 640,000,000 | 459,000,000 | 599,000,000 | 511,000,000 | 599,000,000 | 500,000,000 | 382,000,000 | 411,000,000 | 436,000,000 | 456,000,000 | 456,000,000 | 456,000,000 | 425,000,000 | ||||||
fuel oil, gas in storage, materials and supplies, at average cost | 530,000,000 | 516,000,000 | 490,000,000 | 467,000,000 | 485,000,000 | 472,000,000 | 451,000,000 | 442,000,000 | 469,000,000 | 455,000,000 | 434,000,000 | 431,000,000 | 492,000,000 | 40,000,000 | 437,000,000 | 405,000,000 | 360,000,000 | 339,000,000 | 356,000,000 | 353,000,000 | 352,000,000 | 327,000,000 | 318,000,000 | 337,000,000 | 357,000,000 | 332,000,000 | 343,000,000 | 303,000,000 | 368,000,000 | ||||||
prepayments | 381,000,000 | 1,145,000,000 | 374,000,000 | 999,000,000 | 445,000,000 | 1,371,000,000 | 438,000,000 | 1,023,000,000 | 470,000,000 | 1,110,000,000 | 326,000,000 | 833,000,000 | 264,000,000 | -31,000,000 | -471,000,000 | 295,000,000 | 847,000,000 | 255,000,000 | 772,000,000 | 271,000,000 | 777,000,000 | -31,000,000 | -479,000,000 | 260,000,000 | -520,000,000 | -35,000,000 | -448,000,000 | 214,000,000 | 592,000,000 | -36,000,000 | 470,000,000 | 644,000,000 | 489,000,000 | 521,000,000 | |
regulatory assets | 103,000,000 | 118,000,000 | 112,000,000 | 207,000,000 | 141,000,000 | 224,000,000 | 167,000,000 | 210,000,000 | 281,000,000 | 180,000,000 | 190,000,000 | 251,000,000 | 305,000,000 | 206,000,000 | 205,000,000 | 184,000,000 | 253,000,000 | 266,000,000 | 166,000,000 | 128,000,000 | 43,000,000 | 90,000,000 | 109,000,000 | 77,000,000 | 66,000,000 | 14,000,000 | 8,000,000 | 46,000,000 | |||||||
revenue decoupling mechanism receivable | 213,000,000 | 177,000,000 | 165,000,000 | 176,000,000 | 202,000,000 | 188,000,000 | 248,000,000 | 280,000,000 | 203,000,000 | 294,000,000 | 270,000,000 | 139,000,000 | 164,000,000 | -55,000,000 | -28,000,000 | 190,000,000 | 193,000,000 | 199,000,000 | 178,000,000 | 137,000,000 | 128,000,000 | -80,000,000 | -32,000,000 | 76,000,000 | -91,000,000 | ||||||||||
fair value of derivative assets | 86,000,000 | 14,000,000 | 32,000,000 | 97,000,000 | 15,000,000 | 15,000,000 | 38,000,000 | 88,000,000 | 52,000,000 | 62,000,000 | 68,000,000 | 144,000,000 | 59,000,000 | ||||||||||||||||||||||
assets held for sale | 133,000,000 | 167,000,000 | 165,000,000 | 164,000,000 | 163,000,000 | 163,000,000 | 161,000,000 | 162,000,000 | 7,162,000,000 | ||||||||||||||||||||||||||
other current assets | 161,000,000 | 139,000,000 | 164,000,000 | 155,000,000 | 194,000,000 | 139,000,000 | 136,000,000 | 102,000,000 | 124,000,000 | 119,000,000 | 133,000,000 | 137,000,000 | 176,000,000 | 173,000,000 | 361,000,000 | 372,000,000 | 326,000,000 | 210,000,000 | 231,000,000 | 208,000,000 | 200,000,000 | 177,000,000 | 123,000,000 | 199,000,000 | 174,000,000 | 263,000,000 | 338,000,000 | 265,000,000 | 179,000,000 | ||||||
total current assets | 6,750,000,000 | 5,460,000,000 | 6,050,000,000 | 6,133,000,000 | 6,664,000,000 | 6,080,000,000 | 6,487,000,000 | 6,166,000,000 | 6,537,000,000 | 5,939,000,000 | 6,203,000,000 | 5,868,000,000 | 12,972,000,000 | 776,000,000 | 5,551,000,000 | 5,096,000,000 | 5,110,000,000 | 4,587,000,000 | 5,301,000,000 | 4,204,000,000 | 4,272,000,000 | 3,781,000,000 | 3,436,000,000 | 3,096,000,000 | 3,280,000,000 | 3,398,000,000 | 3,519,000,000 | 3,484,000,000 | 3,704,000,000 | ||||||
investments | 1,213,000,000 | 1,229,000,000 | 1,186,000,000 | 1,136,000,000 | 1,126,000,000 | 1,136,000,000 | 1,081,000,000 | 1,041,000,000 | 999,000,000 | 933,000,000 | 942,000,000 | 905,000,000 | 841,000,000 | 853,000,000 | 1,078,000,000 | 1,688,000,000 | 1,654,000,000 | 1,816,000,000 | 2,124,000,000 | 2,065,000,000 | 1,832,000,000 | 2,057,000,000 | 1,977,000,000 | 1,961,000,000 | 814,000,000 | 740,000,000 | 547,000,000 | 444,000,000 | |||||||
utility plant, at original cost | |||||||||||||||||||||||||||||||||||
electric | 44,488,000,000 | 43,387,000,000 | 42,722,000,000 | 41,872,000,000 | 41,206,000,000 | 40,703,000,000 | 40,356,000,000 | 39,771,000,000 | 39,071,000,000 | 38,283,000,000 | 37,912,000,000 | 37,316,000,000 | 36,819,000,000 | 34,938,000,000 | 34,446,000,000 | 34,126,000,000 | 33,764,000,000 | 33,315,000,000 | 32,978,000,000 | 31,866,000,000 | 30,704,000,000 | 29,702,000,000 | 28,595,000,000 | 28,339,000,000 | 25,410,000,000 | 24,776,000,000 | 23,955,000,000 | 23,041,000,000 | |||||||
gas | 16,127,000,000 | 15,740,000,000 | 15,481,000,000 | 15,283,000,000 | 15,127,000,000 | 14,910,000,000 | 14,728,000,000 | 14,500,000,000 | 14,318,000,000 | 13,986,000,000 | 13,779,000,000 | 13,547,000,000 | 13,378,000,000 | 12,303,000,000 | 11,869,000,000 | 11,408,000,000 | 11,101,000,000 | 10,847,000,000 | 10,583,000,000 | 10,107,000,000 | 9,329,000,000 | 8,690,000,000 | 7,972,000,000 | 7,828,000,000 | 6,223,000,000 | 5,945,000,000 | 5,661,000,000 | 5,388,000,000 | |||||||
steam | 3,260,000,000 | 3,220,000,000 | 3,203,000,000 | 3,185,000,000 | 3,187,000,000 | 3,150,000,000 | 3,146,000,000 | 3,110,000,000 | 3,085,000,000 | 3,029,000,000 | 2,985,000,000 | 2,965,000,000 | 2,935,000,000 | 2,828,000,000 | 2,773,000,000 | 2,741,000,000 | 2,733,000,000 | 2,696,000,000 | 2,638,000,000 | 2,601,000,000 | 2,574,000,000 | 2,496,000,000 | 2,458,000,000 | 2,452,000,000 | 2,266,000,000 | 2,233,000,000 | 2,202,000,000 | 2,117,000,000 | |||||||
general | 4,576,000,000 | 5,021,000,000 | 5,043,000,000 | 4,936,000,000 | 4,851,000,000 | 4,760,000,000 | 4,693,000,000 | 4,755,000,000 | 4,835,000,000 | 4,340,000,000 | 4,350,000,000 | 4,250,000,000 | 4,205,000,000 | 4,170,000,000 | 4,091,000,000 | 4,018,000,000 | 3,954,000,000 | 3,880,000,000 | 3,733,000,000 | 3,562,000,000 | 3,384,000,000 | 3,167,000,000 | 2,891,000,000 | 2,844,000,000 | 2,479,000,000 | 2,437,000,000 | 2,394,000,000 | 2,301,000,000 | |||||||
total | 68,451,000,000 | 67,368,000,000 | 66,449,000,000 | 65,276,000,000 | 64,371,000,000 | 63,523,000,000 | 62,923,000,000 | 62,136,000,000 | 61,309,000,000 | 59,638,000,000 | 59,026,000,000 | 58,078,000,000 | 57,337,000,000 | 54,239,000,000 | 53,179,000,000 | 52,293,000,000 | 51,552,000,000 | 50,738,000,000 | 49,932,000,000 | 48,136,000,000 | 45,991,000,000 | 44,055,000,000 | 41,916,000,000 | 41,463,000,000 | 36,378,000,000 | 35,391,000,000 | 34,212,000,000 | 32,847,000,000 | |||||||
less: accumulated depreciation | 16,463,000,000 | 16,160,000,000 | 15,912,000,000 | 15,659,000,000 | 15,384,000,000 | 15,166,000,000 | 15,023,000,000 | 14,776,000,000 | 14,157,000,000 | 13,865,000,000 | 13,642,000,000 | 13,373,000,000 | 13,069,000,000 | 12,177,000,000 | 11,907,000,000 | 11,690,000,000 | 11,423,000,000 | 11,188,000,000 | 11,017,000,000 | 10,322,000,000 | 9,953,000,000 | 9,385,000,000 | 8,904,000,000 | 8,738,000,000 | 7,702,000,000 | 7,482,000,000 | 7,208,000,000 | 6,952,000,000 | |||||||
net | 51,988,000,000 | 51,208,000,000 | 50,537,000,000 | 49,617,000,000 | 48,987,000,000 | 48,357,000,000 | 47,900,000,000 | 47,360,000,000 | 47,152,000,000 | 45,773,000,000 | 45,384,000,000 | 44,705,000,000 | 44,268,000,000 | 42,062,000,000 | 41,272,000,000 | 40,603,000,000 | 40,129,000,000 | 39,550,000,000 | 38,915,000,000 | 37,814,000,000 | 36,038,000,000 | 34,670,000,000 | 33,012,000,000 | 32,725,000,000 | 28,676,000,000 | 27,909,000,000 | 27,004,000,000 | 25,895,000,000 | |||||||
construction work in progress | 3,414,000,000 | 3,177,000,000 | 3,075,000,000 | 3,183,000,000 | 3,165,000,000 | 2,987,000,000 | 2,712,000,000 | 2,481,000,000 | 2,442,000,000 | 2,748,000,000 | 2,529,000,000 | 2,571,000,000 | 2,484,000,000 | 385,000,000 | 2,152,000,000 | 2,264,000,000 | 2,350,000,000 | 2,324,000,000 | 2,474,000,000 | 2,211,000,000 | 1,937,000,000 | 2,014,000,000 | 1,714,000,000 | 1,415,000,000 | 1,212,000,000 | 947,000,000 | 899,000,000 | 1,076,000,000 | 1,450,000,000 | ||||||
net utility plant | 55,402,000,000 | 54,385,000,000 | 53,612,000,000 | 52,800,000,000 | 52,152,000,000 | 51,344,000,000 | 50,612,000,000 | 49,841,000,000 | 49,594,000,000 | 48,521,000,000 | 47,913,000,000 | 47,276,000,000 | 46,752,000,000 | 44,214,000,000 | 43,536,000,000 | 42,953,000,000 | 42,453,000,000 | 42,024,000,000 | 41,126,000,000 | 39,751,000,000 | 38,052,000,000 | 36,384,000,000 | 34,427,000,000 | 33,937,000,000 | 29,623,000,000 | 28,808,000,000 | 28,080,000,000 | 27,345,000,000 | |||||||
non-utility plant | |||||||||||||||||||||||||||||||||||
non-utility property, net accumulated depreciation of 25 in 2025 and 2024 | 1,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | |||||||||||||||||||||||||||||||
net plant | 55,403,000,000 | 54,397,000,000 | 53,625,000,000 | 52,813,000,000 | 52,165,000,000 | 51,357,000,000 | 50,625,000,000 | 49,854,000,000 | 49,608,000,000 | 48,535,000,000 | 47,927,000,000 | 47,290,000,000 | 46,766,000,000 | 4,499,000,000 | 48,596,000,000 | 47,947,000,000 | 47,339,000,000 | 47,069,000,000 | 46,555,000,000 | 45,564,000,000 | 43,889,000,000 | 42,152,000,000 | 38,767,000,000 | 36,728,000,000 | 36,251,000,000 | 30,212,000,000 | 29,239,000,000 | 28,682,000,000 | 27,955,000,000 | ||||||
other noncurrent assets | |||||||||||||||||||||||||||||||||||
goodwill | 406,000,000 | 408,000,000 | 408,000,000 | 408,000,000 | 408,000,000 | 408,000,000 | 408,000,000 | 408,000,000 | 408,000,000 | 408,000,000 | 408,000,000 | 407,000,000 | 408,000,000 | 31,000,000 | 439,000,000 | 446,000,000 | 446,000,000 | 446,000,000 | 446,000,000 | 446,000,000 | 446,000,000 | 440,000,000 | 428,000,000 | 428,000,000 | 428,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | ||||||
pension and retiree benefits | 4,227,000,000 | 3,913,000,000 | 3,834,000,000 | 3,755,000,000 | 3,791,000,000 | 3,440,000,000 | 3,353,000,000 | 3,267,000,000 | 3,275,000,000 | 3,384,000,000 | 3,299,000,000 | 3,214,000,000 | 3,269,000,000 | 1,654,000,000 | |||||||||||||||||||||
operating lease right-of-use asset | 489,000,000 | 466,000,000 | 477,000,000 | 489,000,000 | 499,000,000 | 510,000,000 | 521,000,000 | 545,000,000 | 548,000,000 | 558,000,000 | 266,000,000 | 817,000,000 | 818,000,000 | 837,000,000 | 844,000,000 | 852,000,000 | |||||||||||||||||||
other deferred charges and noncurrent assets | 390,000,000 | 380,000,000 | 355,000,000 | 339,000,000 | 365,000,000 | 387,000,000 | 339,000,000 | 325,000,000 | 316,000,000 | 301,000,000 | 190,000,000 | 186,000,000 | 182,000,000 | 22,000,000 | 282,000,000 | 334,000,000 | 289,000,000 | 282,000,000 | 285,000,000 | 273,000,000 | 134,000,000 | 134,000,000 | 152,000,000 | 134,000,000 | 128,000,000 | 215,000,000 | 185,000,000 | 253,000,000 | 238,000,000 | ||||||
total other noncurrent assets | 11,237,000,000 | 10,758,000,000 | 10,640,000,000 | 10,609,000,000 | 10,607,000,000 | 10,072,000,000 | 9,727,000,000 | 9,619,000,000 | 9,187,000,000 | 8,998,000,000 | 8,699,000,000 | 8,741,000,000 | 8,486,000,000 | 1,645,000,000 | 8,116,000,000 | 8,817,000,000 | 8,782,000,000 | 8,989,000,000 | 9,223,000,000 | 7,703,000,000 | 7,853,000,000 | 7,301,000,000 | 4,804,000,000 | 7,445,000,000 | 7,607,000,000 | 9,553,000,000 | 7,169,000,000 | 7,768,000,000 | 9,861,000,000 | ||||||
total assets | 74,603,000,000 | 71,844,000,000 | 71,501,000,000 | 70,691,000,000 | 70,562,000,000 | 68,645,000,000 | 67,920,000,000 | 66,680,000,000 | 66,331,000,000 | 64,405,000,000 | 63,771,000,000 | 62,804,000,000 | 69,065,000,000 | 6,920,000,000 | 63,116,000,000 | 62,938,000,000 | 62,919,000,000 | 62,299,000,000 | 62,895,000,000 | 59,595,000,000 | 58,079,000,000 | 55,066,000,000 | 49,064,000,000 | 49,246,000,000 | 49,099,000,000 | 43,977,000,000 | 40,667,000,000 | 40,481,000,000 | 41,964,000,000 | ||||||
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||
long-term debt due within one year | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | 650,000,000 | 649,000,000 | 650,000,000 | 649,000,000 | 323,000,000 | 439,000,000 | 444,000,000 | 1,302,000,000 | 1,967,000,000 | 1,965,000,000 | 1,815,000,000 | 687,000,000 | 496,000,000 | 210,000,000 | 285,000,000 | 483,000,000 | ||||||||||||||
term loan | 500,000,000 | 700,000,000 | 700,000,000 | 700,000,000 | 500,000,000 | 400,000,000 | 150,000,000 | 903,000,000 | 466,000,000 | 165,000,000 | 820,000,000 | ||||||||||||||||||||||||
notes payable | 1,575,000,000 | 552,000,000 | 1,220,000,000 | 350,000,000 | 2,170,000,000 | 2,059,000,000 | 2,452,000,000 | 2,299,000,000 | 2,288,000,000 | 1,880,000,000 | 1,953,000,000 | 411,000,000 | 2,640,000,000 | 1,036,000,000 | 1,052,000,000 | 1,581,000,000 | 1,705,000,000 | 1,009,000,000 | 869,000,000 | 356,000,000 | 519,000,000 | 1,425,000,000 | 830,000,000 | 1,220,000,000 | |||||||||||
accounts payable | 1,947,000,000 | 1,583,000,000 | 1,552,000,000 | 1,450,000,000 | 1,676,000,000 | 1,472,000,000 | 1,496,000,000 | 1,439,000,000 | 1,775,000,000 | 1,306,000,000 | 1,320,000,000 | 1,363,000,000 | 1,955,000,000 | 217,000,000 | 44,000,000 | -156,000,000 | 1,370,000,000 | 1,217,000,000 | 1,208,000,000 | 1,475,000,000 | 1,279,000,000 | -168,000,000 | -156,000,000 | -67,000,000 | -156,000,000 | -108,000,000 | 1,130,000,000 | 1,057,000,000 | -94,000,000 | 937,000,000 | 972,000,000 | 1,079,000,000 | 925,000,000 | ||
customer deposits | 498,000,000 | 484,000,000 | 448,000,000 | 395,000,000 | 412,000,000 | 434,000,000 | 422,000,000 | 411,000,000 | 396,000,000 | 401,000,000 | 385,000,000 | 371,000,000 | 358,000,000 | 286,000,000 | 287,000,000 | 296,000,000 | 311,000,000 | 319,000,000 | 349,000,000 | 344,000,000 | 345,000,000 | 338,000,000 | 326,000,000 | 316,000,000 | |||||||||||
accrued taxes | 104,000,000 | 67,000,000 | 58,000,000 | 83,000,000 | 70,000,000 | 63,000,000 | 62,000,000 | 63,000,000 | 73,000,000 | 85,000,000 | 238,000,000 | 339,000,000 | 102,000,000 | -5,000,000 | -27,000,000 | 123,000,000 | 121,000,000 | 115,000,000 | 150,000,000 | 89,000,000 | -23,000,000 | -45,000,000 | -27,000,000 | -15,000,000 | -19,000,000 | 45,000,000 | 43,000,000 | -22,000,000 | 80,000,000 | 48,000,000 | 98,000,000 | 379,000,000 | |||
accrued interest | 223,000,000 | 337,000,000 | 211,000,000 | 336,000,000 | 199,000,000 | 330,000,000 | 190,000,000 | 298,000,000 | 170,000,000 | 283,000,000 | 160,000,000 | 274,000,000 | 153,000,000 | -1,000,000 | 129,000,000 | 273,000,000 | 151,000,000 | 265,000,000 | 149,000,000 | 255,000,000 | -1,000,000 | 85,000,000 | 95,000,000 | 25,000,000 | 97,000,000 | 139,000,000 | 209,000,000 | -18,000,000 | 180,000,000 | 164,000,000 | 210,000,000 | 324,000,000 | |||
accrued wages | 140,000,000 | 147,000,000 | 142,000,000 | 137,000,000 | 127,000,000 | 132,000,000 | 128,000,000 | 127,000,000 | 125,000,000 | 124,000,000 | 119,000,000 | 118,000,000 | 116,000,000 | 113,000,000 | 110,000,000 | 109,000,000 | 108,000,000 | 110,000,000 | 108,000,000 | 105,000,000 | 100,000,000 | 97,000,000 | 97,000,000 | 93,000,000 | |||||||||||
fair value of derivative liabilities | 46,000,000 | 73,000,000 | 82,000,000 | 184,000,000 | 52,000,000 | 109,000,000 | 83,000,000 | 113,000,000 | 193,000,000 | 86,000,000 | 85,000,000 | 131,000,000 | 42,000,000 | 163,000,000 | 179,000,000 | 231,000,000 | 238,000,000 | 149,000,000 | 40,000,000 | 70,000,000 | 37,000,000 | 7,000,000 | 4,000,000 | 25,000,000 | |||||||||||
regulatory liabilities | 249,000,000 | 123,000,000 | 71,000,000 | 213,000,000 | 102,000,000 | 143,000,000 | 125,000,000 | 258,000,000 | 145,000,000 | 189,000,000 | 154,000,000 | 278,000,000 | 374,000,000 | 490,000,000 | 180,000,000 | 85,000,000 | 36,000,000 | 90,000,000 | 60,000,000 | 58,000,000 | 240,000,000 | 194,000,000 | 243,000,000 | 117,000,000 | |||||||||||
system benefit charge | 415,000,000 | 438,000,000 | 467,000,000 | 438,000,000 | 447,000,000 | 450,000,000 | 450,000,000 | 406,000,000 | 444,000,000 | 439,000,000 | 434,000,000 | 405,000,000 | 390,000,000 | -1,000,000 | -21,000,000 | 460,000,000 | 435,000,000 | 437,000,000 | 528,000,000 | 591,000,000 | -46,000,000 | -19,000,000 | 9,000,000 | -1,000,000 | 6,000,000 | 629,000,000 | 628,000,000 | 132,000,000 | |||||||
operating lease liabilities | 123,000,000 | 120,000,000 | 120,000,000 | 119,000,000 | 118,000,000 | 116,000,000 | 117,000,000 | 116,000,000 | 116,000,000 | 114,000,000 | 112,000,000 | 107,000,000 | 103,000,000 | 32,000,000 | 113,000,000 | 109,000,000 | 106,000,000 | 96,000,000 | 90,000,000 | ||||||||||||||||
liabilities held for sale | 79,000,000 | 80,000,000 | 78,000,000 | 77,000,000 | 76,000,000 | 76,000,000 | 75,000,000 | 74,000,000 | 3,610,000,000 | ||||||||||||||||||||||||||
other current liabilities | 544,000,000 | 455,000,000 | 443,000,000 | 375,000,000 | 481,000,000 | 389,000,000 | 363,000,000 | 387,000,000 | 411,000,000 | 417,000,000 | 388,000,000 | 374,000,000 | 444,000,000 | 143,000,000 | 389,000,000 | 369,000,000 | 358,000,000 | 426,000,000 | 394,000,000 | 272,000,000 | 358,000,000 | 473,000,000 | 418,000,000 | 404,000,000 | 491,000,000 | ||||||||||
total current liabilities | 6,614,000,000 | 5,079,000,000 | 5,514,000,000 | 4,780,000,000 | 6,433,000,000 | 6,027,000,000 | 6,216,000,000 | 6,244,000,000 | 6,462,000,000 | 6,050,000,000 | 6,072,000,000 | 4,895,000,000 | 11,336,000,000 | 865,000,000 | 5,255,000,000 | 5,557,000,000 | 6,559,000,000 | 7,354,000,000 | 7,160,000,000 | 5,456,000,000 | 3,915,000,000 | 3,407,000,000 | 3,873,000,000 | 3,576,000,000 | 4,373,000,000 | ||||||||||
noncurrent liabilities | |||||||||||||||||||||||||||||||||||
provision for injuries and damages | 201,000,000 | 174,000,000 | 191,000,000 | 184,000,000 | 181,000,000 | 185,000,000 | 185,000,000 | 183,000,000 | 188,000,000 | 182,000,000 | 177,000,000 | 175,000,000 | 181,000,000 | 177,000,000 | 170,000,000 | 180,000,000 | 178,000,000 | 173,000,000 | 185,000,000 | 188,000,000 | 198,000,000 | 195,000,000 | |||||||||||||
pensions and retiree benefits | 564,000,000 | 552,000,000 | 561,000,000 | 560,000,000 | 551,000,000 | 628,000,000 | 635,000,000 | 633,000,000 | 592,000,000 | 638,000,000 | 653,000,000 | 651,000,000 | 577,000,000 | 1,424,000,000 | 1,925,000,000 | 2,074,000,000 | 2,257,000,000 | 760,000,000 | 959,000,000 | 1,443,000,000 | 3,629,000,000 | 1,106,000,000 | 1,502,000,000 | 3,816,000,000 | |||||||||||
superfund and other environmental costs | 1,079,000,000 | 1,029,000,000 | 1,027,000,000 | 1,032,000,000 | 1,037,000,000 | 1,101,000,000 | 1,113,000,000 | 1,112,000,000 | 1,118,000,000 | 996,000,000 | 994,000,000 | 994,000,000 | 997,000,000 | 841,000,000 | 847,000,000 | 850,000,000 | 857,000,000 | 726,000,000 | 728,000,000 | 745,000,000 | 758,000,000 | 734,000,000 | 741,000,000 | 512,000,000 | |||||||||||
asset retirement obligations | 478,000,000 | 467,000,000 | 462,000,000 | 458,000,000 | 453,000,000 | 538,000,000 | 532,000,000 | 527,000,000 | 522,000,000 | 513,000,000 | 508,000,000 | 504,000,000 | 500,000,000 | 76,000,000 | 602,000,000 | 589,000,000 | 591,000,000 | 576,000,000 | 441,000,000 | 320,000,000 | 256,000,000 | 191,000,000 | 150,000,000 | 144,000,000 | 164,000,000 | ||||||||||
deferred income taxes and unamortized investment tax credits | 9,619,000,000 | 9,493,000,000 | 9,245,000,000 | 9,164,000,000 | 8,874,000,000 | 8,793,000,000 | 8,389,000,000 | 8,338,000,000 | 8,069,000,000 | 7,992,000,000 | 7,632,000,000 | 7,652,000,000 | 7,641,000,000 | 6,835,000,000 | 6,634,000,000 | 6,619,000,000 | 6,475,000,000 | 6,507,000,000 | 5,710,000,000 | 10,744,000,000 | |||||||||||||||
other deferred credits and noncurrent liabilities | 548,000,000 | 577,000,000 | 563,000,000 | 550,000,000 | 494,000,000 | 450,000,000 | 408,000,000 | 401,000,000 | 417,000,000 | 360,000,000 | 298,000,000 | 298,000,000 | 281,000,000 | 20,000,000 | 285,000,000 | 225,000,000 | 234,000,000 | 234,000,000 | 237,000,000 | 273,000,000 | 262,000,000 | 170,000,000 | 193,000,000 | 187,000,000 | |||||||||||
total noncurrent liabilities | 18,248,000,000 | 17,688,000,000 | 17,574,000,000 | 17,475,000,000 | 17,516,000,000 | 17,282,000,000 | 16,833,000,000 | 16,892,000,000 | 16,784,000,000 | 16,627,000,000 | 16,246,000,000 | 16,421,000,000 | 16,693,000,000 | 344,000,000 | 15,465,000,000 | 15,643,000,000 | 15,844,000,000 | 16,094,000,000 | 14,518,000,000 | 12,728,000,000 | 15,570,000,000 | 16,106,000,000 | 13,093,000,000 | 13,141,000,000 | 4,846,000,000 | ||||||||||
long-term debt | 25,551,000,000 | 24,909,000,000 | 24,657,000,000 | 24,653,000,000 | 24,651,000,000 | 23,438,000,000 | 23,311,000,000 | 21,929,000,000 | 21,927,000,000 | 20,650,000,000 | 20,648,000,000 | 20,645,000,000 | 20,147,000,000 | 2,344,000,000 | 21,841,000,000 | 21,666,000,000 | 20,614,000,000 | 20,382,000,000 | 19,206,000,000 | 15,225,000,000 | 14,651,000,000 | 11,694,000,000 | 10,985,000,000 | 11,338,000,000 | 10,493,000,000 | ||||||||||
commitments, contingencies, and guarantees | |||||||||||||||||||||||||||||||||||
shareholders' equity | 24,168,000,000 | 23,756,000,000 | 23,783,000,000 | 21,962,000,000 | |||||||||||||||||||||||||||||||
common stock | 39,000,000 | ||||||||||||||||||||||||||||||||||
treasury stock | -2,017,000,000 | ||||||||||||||||||||||||||||||||||
additional paid-in-capital | 11,436,000,000 | ||||||||||||||||||||||||||||||||||
retained earnings | 14,857,000,000 | ||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 15,000,000 | ||||||||||||||||||||||||||||||||||
capital stock expense | -140,000,000 | ||||||||||||||||||||||||||||||||||
total shareholders' equity | 24,190,000,000 | ||||||||||||||||||||||||||||||||||
total liabilities and equity | 74,603,000,000 | 71,844,000,000 | 71,501,000,000 | 70,691,000,000 | 70,562,000,000 | 68,645,000,000 | 67,920,000,000 | 66,680,000,000 | 66,331,000,000 | 64,405,000,000 | 63,771,000,000 | 62,804,000,000 | 69,065,000,000 | 62,938,000,000 | 62,919,000,000 | 62,299,000,000 | 62,895,000,000 | 59,595,000,000 | 49,064,000,000 | 49,246,000,000 | 43,977,000,000 | 40,667,000,000 | |||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 610 and 620 in 2025 and 2024, respectively | 2,347,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 60 and 41 in 2025 and 2024, respectively | 169,000,000 | ||||||||||||||||||||||||||||||||||
restricted cash | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 163,000,000 | 154,000,000 | 149,000,000 | 111,000,000 | 81,000,000 | 164,000,000 | 161,000,000 | 236,000,000 | 68,000,000 | 55,000,000 | 41,000,000 | 28,000,000 | |||||||||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 615 and 620 in 2025 and 2024, respectively | 2,393,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 42 and 41 in 2025 and 2024, respectively | 171,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 616 and 620 in 2025 and 2024, respectively | 2,749,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 28 and 41 in 2025 and 2024, respectively | 265,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable — customers, net allowance for uncollectible accounts of 620 and 360 in 2024 and 2023, respectively | 2,440,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 41 and 13 in 2024 and 2023, respectively | 292,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, net accumulated depreciation of 25 and 24 in 2024 and 2023, respectively | 12,000,000 | ||||||||||||||||||||||||||||||||||
operating lease right-of-use-asset | 493,000,000 | 533,000,000 | 568,000,000 | 809,000,000 | 837,000,000 | 857,000,000 | |||||||||||||||||||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 461 and 360 in 2024 and 2023, respectively | 2,567,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 24 and 13 in 2024 and 2023, respectively | 227,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, net accumulated depreciation of 24 in 2024 and 2023 | 12,000,000 | 12,000,000 | 12,000,000 | ||||||||||||||||||||||||||||||||
common shareholders' equity | 21,898,000,000 | 21,560,000,000 | 21,615,000,000 | ||||||||||||||||||||||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 434 and 360 in 2024 and 2023, respectively | 2,424,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 25 and 13 in 2024 and 2023, respectively | 237,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 394 and 360 in 2024 and 2023, respectively | 2,618,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 17 and 13 in 2024 and 2023, respectively | 299,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable — customers, net allowance for uncollectible accounts of 360 and 322 in 2023 and 2022, respectively | 2,418,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 13 and 10 in 2023 and 2022, respectively | 444,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, net accumulated depreciation of 24 and 23 in 2023 and 2022, respectively | 13,000,000 | 13,000,000 | |||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||
common shareholders’ equity | 21,158,000,000 | 21,078,000,000 | 20,805,000,000 | 20,843,000,000 | 20,687,000,000 | 20,037,000,000 | 19,743,000,000 | 19,033,000,000 | 18,847,000,000 | 18,494,000,000 | 15,648,000,000 | 15,102,000,000 | 12,761,000,000 | 12,707,000,000 | 12,426,000,000 | 12,166,000,000 | |||||||||||||||||||
noncontrolling interest | 202,000,000 | 340,000,000 | 310,000,000 | 249,000,000 | 218,000,000 | 217,000,000 | 7,000,000 | 8,000,000 | 9,000,000 | 9,000,000 | |||||||||||||||||||||||||
total equity | 21,158,000,000 | 21,078,000,000 | 20,805,000,000 | 20,843,000,000 | 20,889,000,000 | 20,377,000,000 | 20,053,000,000 | 19,282,000,000 | 19,065,000,000 | 18,711,000,000 | 15,655,000,000 | 15,110,000,000 | 12,770,000,000 | 12,716,000,000 | |||||||||||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 276 and 322 in 2023 and 2022, respectively | 2,048,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 31 and 10 in 2023 and 2022, respectively | 418,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 275 and 322 in 2023 and 2022, respectively | 1,684,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 28 and 10 in 2023 and 2022, respectively | 470,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, net accumulated depreciation of 23 in 2023 and 2022 | 13,000,000 | 13,000,000 | |||||||||||||||||||||||||||||||||
accounts receivable – customers, net allowance for uncollectible accounts of 244 and 322 in 2023 and 2022, respectively | 2,040,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 10 in 2023 and 2022 | 444,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable — customers, net allowance for uncollectible accounts of 322 and 317 in 2022 and 2021, respectively | 2,192,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 10 and 22 in 2022 and 2021, respectively | 164,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, net accumulated depreciation of 23 and 626 in 2022 and 2021, respectively | 13,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, net accumulated amortization of 297 in 2021 | |||||||||||||||||||||||||||||||||||
accounts receivable and other receivables - net allowance for uncollectible accounts | 204,000,000 | ||||||||||||||||||||||||||||||||||
fair value of derivatives assets | 58,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, net accumulated depreciation | 4,114,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization | 1,222,000,000 | ||||||||||||||||||||||||||||||||||
liabilities | |||||||||||||||||||||||||||||||||||
total liabilities | 3,553,000,000 | ||||||||||||||||||||||||||||||||||
operating activities | |||||||||||||||||||||||||||||||||||
net income | 808,000,000 | 554,000,000 | 594,000,000 | 392,000,000 | 1,127,000,000 | 624,000,000 | 445,000,000 | 563,000,000 | |||||||||||||||||||||||||||
principal non-cash charges/(credits) to income | |||||||||||||||||||||||||||||||||||
depreciation and amortization | 1,068,000,000 | 529,000,000 | 946,000,000 | 470,000,000 | 1,253,000,000 | 831,000,000 | 413,000,000 | 662,000,000 | |||||||||||||||||||||||||||
investment loss/impairment | |||||||||||||||||||||||||||||||||||
deferred income taxes | 150,000,000 | 167,000,000 | 61,000,000 | 60,000,000 | 257,000,000 | 126,000,000 | 108,000,000 | 359,000,000 | |||||||||||||||||||||||||||
rate case amortization and accruals | 36,000,000 | 18,000,000 | -20,000,000 | -11,000,000 | -88,000,000 | -59,000,000 | -29,000,000 | -62,000,000 | |||||||||||||||||||||||||||
common equity component of allowance for funds used during construction | -10,000,000 | -5,000,000 | -10,000,000 | -5,000,000 | -11,000,000 | -7,000,000 | |||||||||||||||||||||||||||||
net derivative gains | -106,000,000 | 55,000,000 | 31,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||
unbilled revenue and net unbilled revenue deferrals | -53,000,000 | 45,000,000 | 3,000,000 | 51,000,000 | 29,000,000 | -4,000,000 | 11,000,000 | ||||||||||||||||||||||||||||
other non-cash items | 153,000,000 | 34,000,000 | 102,000,000 | 45,000,000 | -25,000,000 | -17,000,000 | -43,000,000 | ||||||||||||||||||||||||||||
changes in assets and liabilities | |||||||||||||||||||||||||||||||||||
accounts receivable – customers | -118,000,000 | -252,000,000 | -113,000,000 | -87,000,000 | 8,000,000 | 165,000,000 | -43,000,000 | 128,000,000 | |||||||||||||||||||||||||||
allowance for uncollectible accounts – customers | 19,000,000 | 19,000,000 | |||||||||||||||||||||||||||||||||
materials and supplies, including fuel oil and gas in storage | -12,000,000 | 33,000,000 | 16,000,000 | 26,000,000 | 14,000,000 | 31,000,000 | -18,000,000 | ||||||||||||||||||||||||||||
other receivables and other current assets | -143,000,000 | -198,000,000 | -10,000,000 | 28,000,000 | 103,000,000 | 125,000,000 | -36,000,000 | 12,000,000 | |||||||||||||||||||||||||||
pensions and retiree benefits obligations | 55,000,000 | 50,000,000 | 100,000,000 | 4,000,000 | 253,000,000 | 168,000,000 | 93,000,000 | 213,000,000 | |||||||||||||||||||||||||||
pensions and retiree benefits contributions | -10,000,000 | -5,000,000 | -79,000,000 | -4,000,000 | -353,000,000 | -78,000,000 | -283,000,000 | ||||||||||||||||||||||||||||
superfund and environmental remediation costs | -14,000,000 | -7,000,000 | -3,000,000 | -3,000,000 | -8,000,000 | -7,000,000 | |||||||||||||||||||||||||||||
distributions from equity investments | 9,000,000 | 4,000,000 | 20,000,000 | 11,000,000 | 46,000,000 | 27,000,000 | 14,000,000 | 52,000,000 | |||||||||||||||||||||||||||
deferred charges, noncurrent assets, leases, net and other regulatory assets | -264,000,000 | ||||||||||||||||||||||||||||||||||
deferred credits and other regulatory liabilities | 482,000,000 | 440,000,000 | -19,000,000 | 116,000,000 | 144,000,000 | 162,000,000 | 94,000,000 | -17,000,000 | |||||||||||||||||||||||||||
other current and noncurrent liabilities | -48,000,000 | -101,000,000 | -37,000,000 | -79,000,000 | -25,000,000 | -55,000,000 | -124,000,000 | 72,000,000 | |||||||||||||||||||||||||||
net cash flows from operating activities | 1,957,000,000 | 473,000,000 | 1,180,000,000 | 412,000,000 | 1,960,000,000 | 1,538,000,000 | 464,000,000 | 1,574,000,000 | |||||||||||||||||||||||||||
investing activities | |||||||||||||||||||||||||||||||||||
utility construction expenditures | -1,828,000,000 | -837,000,000 | -1,528,000,000 | -767,000,000 | -2,428,000,000 | -1,613,000,000 | -783,000,000 | -1,425,000,000 | |||||||||||||||||||||||||||
cost of removal less salvage | -159,000,000 | -80,000,000 | -141,000,000 | -68,000,000 | -219,000,000 | -142,000,000 | -72,000,000 | -122,000,000 | |||||||||||||||||||||||||||
non-utility construction expenditures | -108,000,000 | -25,000,000 | -258,000,000 | -130,000,000 | -143,000,000 | -92,000,000 | -48,000,000 | -225,000,000 | |||||||||||||||||||||||||||
investments in electric and gas transmission projects | -25,000,000 | -10,000,000 | -15,000,000 | -8,000,000 | -159,000,000 | -88,000,000 | -38,000,000 | -16,000,000 | |||||||||||||||||||||||||||
divestiture of renewable electric projects | |||||||||||||||||||||||||||||||||||
other investing activities | 2,000,000 | 10,000,000 | 5,000,000 | 17,000,000 | 11,000,000 | 5,000,000 | 24,000,000 | ||||||||||||||||||||||||||||
net cash flows used in investing activities | -2,118,000,000 | -952,000,000 | -1,932,000,000 | -968,000,000 | -2,884,000,000 | -1,876,000,000 | -888,000,000 | -1,703,000,000 | |||||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||
net issuance of short-term debt | 1,156,000,000 | ||||||||||||||||||||||||||||||||||
issuance of long-term debt | 1,600,000,000 | 1,600,000,000 | 1,989,000,000 | 1,989,000,000 | 825,000,000 | 997,000,000 | |||||||||||||||||||||||||||||
retirement of long-term debt | -369,000,000 | -26,000,000 | -442,000,000 | -38,000,000 | -702,000,000 | -657,000,000 | -11,000,000 | -426,000,000 | |||||||||||||||||||||||||||
debt issuance costs | -1,000,000 | -1,000,000 | -24,000,000 | -22,000,000 | -15,000,000 | -17,000,000 | -11,000,000 | ||||||||||||||||||||||||||||
common stock dividends | -544,000,000 | -276,000,000 | -487,000,000 | -243,000,000 | -690,000,000 | -455,000,000 | -226,000,000 | -398,000,000 | |||||||||||||||||||||||||||
issuance of common shares - public offering | 88,000,000 | 88,000,000 | 825,000,000 | 825,000,000 | 425,000,000 | ||||||||||||||||||||||||||||||
issuance of common shares for stock plans | 29,000,000 | 14,000,000 | 28,000,000 | 14,000,000 | 40,000,000 | 27,000,000 | 13,000,000 | 25,000,000 | |||||||||||||||||||||||||||
distribution to noncontrolling interest | -16,000,000 | -6,000,000 | -4,000,000 | -2,000,000 | -10,000,000 | -5,000,000 | |||||||||||||||||||||||||||||
sale of equity interest | |||||||||||||||||||||||||||||||||||
net cash flows from financing activities | 255,000,000 | 880,000,000 | 171,000,000 | 302,000,000 | 169,000,000 | ||||||||||||||||||||||||||||||
cash, temporary cash investments, and restricted cash: | |||||||||||||||||||||||||||||||||||
net change for the period | 94,000,000 | -949,000,000 | 128,000,000 | 357,000,000 | -753,000,000 | -36,000,000 | -532,000,000 | 40,000,000 | |||||||||||||||||||||||||||
balance at beginning of period | 1,146,000,000 | 1,146,000,000 | 1,217,000,000 | 1,217,000,000 | 1,006,000,000 | 1,006,000,000 | 1,006,000,000 | 776,000,000 | |||||||||||||||||||||||||||
balance at end of period | 1,240,000,000 | 197,000,000 | 1,345,000,000 | 1,574,000,000 | 253,000,000 | 970,000,000 | 474,000,000 | 816,000,000 | |||||||||||||||||||||||||||
supplemental disclosure of cash information | |||||||||||||||||||||||||||||||||||
cash paid/(received) during the period for: | |||||||||||||||||||||||||||||||||||
interest | 479,000,000 | 104,000,000 | 420,000,000 | 143,000,000 | 576,000,000 | 422,000,000 | 130,000,000 | 372,000,000 | |||||||||||||||||||||||||||
income taxes | 19,000,000 | -1,000,000 | 22,000,000 | 2,000,000 | -28,000,000 | -15,000,000 | 3,000,000 | -35,000,000 | |||||||||||||||||||||||||||
supplemental disclosure of non-cash information | |||||||||||||||||||||||||||||||||||
construction expenditures in accounts payable | 457,000,000 | 424,000,000 | 359,000,000 | 343,000,000 | 328,000,000 | 332,000,000 | 300,000,000 | 308,000,000 | |||||||||||||||||||||||||||
issuance of common shares for dividend reinvestment | 16,000,000 | 4,000,000 | 24,000,000 | 12,000,000 | 36,000,000 | 24,000,000 | 12,000,000 | 23,000,000 | |||||||||||||||||||||||||||
software licenses acquired but unpaid as of end of period | 2,000,000 | 23,000,000 | 51,000,000 | 80,000,000 | 80,000,000 | 80,000,000 | 100,000,000 | ||||||||||||||||||||||||||||
equipment acquired but unpaid as of end of period | 22,000,000 | 22,000,000 | 28,000,000 | 33,000,000 | 33,000,000 | ||||||||||||||||||||||||||||||
net derivative losses/ | -68,000,000 | ||||||||||||||||||||||||||||||||||
deferred charges, noncurrent assets and other regulatory assets | -214,000,000 | -110,000,000 | -38,000,000 | -238,000,000 | -213,000,000 | -34,000,000 | -45,000,000 | ||||||||||||||||||||||||||||
net issuance (repayment) of short-term debt | -175,000,000 | ||||||||||||||||||||||||||||||||||
net cash flows used in financing activities | -470,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable — customers, net allowance for uncollectible accounts of 317 and 148 in 2021 and 2020, respectively | 1,943,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, net allowance for uncollectible accounts of 22 and 7 in 2021 and 2020, respectively | 298,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, net accumulated depreciation of 626 and 522 in 2021 and 2020, respectively | 4,194,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, net accumulated amortization of 297 and 228 in 2021 and 2020, respectively | 1,293,000,000 | ||||||||||||||||||||||||||||||||||
con edison annual report 2021 | 105,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 313 and 148 in 2021 and 2020, respectively | 1,923,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 7 in 2021 and 2020 | 272,000,000 | 247,000,000 | |||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 590 and 522 in 2021 and 2020, respectively | 4,202,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 273 and 228 in 2021 and 2020, respectively | 1,317,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 275 and 148 in 2021 and 2020, respectively | 1,709,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 555 and 522 in 2021 and 2020, respectively | 3,904,000,000 | 3,870,000,000 | |||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 249 and 228 in 2021 and 2020, respectively | 1,340,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 181 and 148 in 2021 and 2020, respectively | 1,949,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 7in 2021 and 2020 | 259,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 254 and 228 in 2021 and 2020, respectively | 1,434,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable — customers, less allowance for uncollectible accounts of 148 and 70 in 2020 and 2019, respectively | 1,701,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 7 and 4 in 2020 and 2019, respectively | 278,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 522 and 391 in 2020 and 2019, respectively | 3,893,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 228 and 126 in 2020 and 2019, respectively | 1,460,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 118 and 70 in 2020 and 2019, respectively | 1,510,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 6 and 4 in 2020 and 2019, respectively | 211,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 489 and 391 in 2020 and 2019, respectively | 3,911,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 203 and 126 in 2020 and 2019, respectively | 1,485,000,000 | ||||||||||||||||||||||||||||||||||
net derivative losses | 89,000,000 | 83,000,000 | |||||||||||||||||||||||||||||||||
gain on sale of assets | -5,000,000 | -5,000,000 | |||||||||||||||||||||||||||||||||
proceeds from sale of assets | 48,000,000 | 48,000,000 | 48,000,000 | 34,000,000 | |||||||||||||||||||||||||||||||
net issuance/(payment) of short-term debt | 121,000,000 | -1,266,000,000 | -1,405,000,000 | -1,131,000,000 | |||||||||||||||||||||||||||||||
net payment of short-term debt | -484,000,000 | -18,000,000 | |||||||||||||||||||||||||||||||||
net cash flows from (used in) financing activities | 913,000,000 | ||||||||||||||||||||||||||||||||||
cash paid during the period for: | |||||||||||||||||||||||||||||||||||
accounts receivable — customers, less allowance for uncollectible accounts of 70 and 62 in 2019 and 2018, respectively | 1,236,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 4 and 5 in 2019 and 2018, respectively | 184,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 391 and 275 in 2019 and 2018, respectively | 3,829,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 126 and 29 in 2019 and 2018, respectively | 1,557,000,000 | ||||||||||||||||||||||||||||||||||
94 | |||||||||||||||||||||||||||||||||||
investments in/acquisitions of renewable electric production projects | |||||||||||||||||||||||||||||||||||
revenue decoupling mechanism | -127,000,000 | ||||||||||||||||||||||||||||||||||
net cash flows from/(used in) financing activities | -108,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 63 and 62 in 2019 and 2018, respectively | 1,309,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 7 and 5 in 2019 and 2018, respectively | 267,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 296 and 275 in 2019 and 2018, respectively | 3,976,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 53 and 29 in 2019 and 2018, respectively | 1,630,000,000 | ||||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 64 and 63 in 2018 and 2017, respectively | 1,097,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 7 and 8 in 2018 and 2017, respectively | 264,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 233 and 201 in 2018 and 2017, respectively | 1,791,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 19 and 15 in 2018 and 2017, respectively | 127,000,000 | ||||||||||||||||||||||||||||||||||
benefit from injuries and damages | 159,000,000 | 164,000,000 | |||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 63 and 69 in 2017 and 2016, respectively | 1,111,000,000 | 984,000,000 | |||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 8 and 14 in 2017 and 2016, respectively | 181,000,000 | 165,000,000 | |||||||||||||||||||||||||||||||||
income taxes receivable | 46,000,000 | 29,000,000 | |||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 185 and 140 in 2017 and 2016, respectively | 1,686,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 12 and 6 in 2017 and 2016, respectively | 114,000,000 | ||||||||||||||||||||||||||||||||||
net derivative (gains)/losses | 2,000,000 | ||||||||||||||||||||||||||||||||||
(gain)/loss on sale of solar electric production project | |||||||||||||||||||||||||||||||||||
proceeds from the transfer of assets to ny transco | |||||||||||||||||||||||||||||||||||
cash and temporary cash investments: | |||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 170 and 140 in 2017 and 2016, respectively | 1,535,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 10 and 6 in 2017 and 2016, respectively | 116,000,000 | ||||||||||||||||||||||||||||||||||
special deposits | 6,000,000 | 8,000,000 | 3,000,000 | 375,000,000 | |||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 96 in 2015 and 2014 | 1,444,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 11 and 10 in 2015 and 2014, respectively | 149,000,000 | ||||||||||||||||||||||||||||||||||
deferred tax assets | 95,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 95 and 91 in 2015 and 2014, respectively | 402,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 4 in 2015 and 2014 | 3,000,000 | ||||||||||||||||||||||||||||||||||
deferred income taxes and investment tax credits | 9,257,000,000 | 8,817,000,000 | 8,564,000,000 | 8,481,000,000 | |||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 97 and 93 in 2014 and 2013, respectively | 1,280,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 13 and 10 in 2014 and 2013, respectively | 198,000,000 | ||||||||||||||||||||||||||||||||||
deferred tax assets – current | 33,000,000 | 82,000,000 | 186,000,000 | ||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 87 and 90 in 2014 and 2013, respectively | 349,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 5 and 4 in 2014 and 2013, respectively | 3,000,000 | ||||||||||||||||||||||||||||||||||
obligations under capital leases | 1,000,000 | 1,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 96 and 93 in 2014 and 2013, respectively | 1,566,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 10 in 2014 and 2013 | 210,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 97 and 90 in 2014 and 2013, respectively | 534,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 4 in 2014 and 2013 | 4,000,000 | ||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 40,481,000,000 | 41,964,000,000 | |||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 95 and 94 in 2013 and 2012, respectively | 1,273,000,000 | ||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 8 and 10 in 2013 and 2012, respectively | 257,000,000 | ||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 84 and 68 in 2013 and 2012, respectively | 581,000,000 | ||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 4 in 2013 and 2012 | 4,000,000 | ||||||||||||||||||||||||||||||||||
uncertain income tax liabilities | |||||||||||||||||||||||||||||||||||
other noncurrent liabilities | 120,000,000 | ||||||||||||||||||||||||||||||||||
deferred credits and regulatory liabilities | |||||||||||||||||||||||||||||||||||
other deferred credits | 48,000,000 | ||||||||||||||||||||||||||||||||||
total deferred credits and regulatory liabilities | 10,086,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 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 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 688,000,000 | 247,000,000 | 791,000,000 | 310,000,000 | 588,000,000 | 202,000,000 | 720,000,000 | 334,000,000 | 527,000,000 | 225,000,000 | 1,430,000,000 | 173,000,000 | 619,000,000 | 254,000,000 | 554,000,000 | 186,000,000 | 469,000,000 | 118,000,000 | 420,000,000 | 49,000,000 | 501,000,000 | 202,000,000 | 392,000,000 | 313,000,000 | 503,000,000 | 179,000,000 | 445,000,000 | 331,000,000 | 435,000,000 | 188,000,000 | 428,000,000 | 505,000,000 | 457,000,000 | 175,000,000 | 388,000,000 | 206,000,000 | 497,000,000 | 232,000,000 | 310,000,000 | 176,000,000 | 428,000,000 | 219,000,000 | 370,000,000 | 436,000,000 | 213,000,000 | 361,000,000 | 234,000,000 | 464,000,000 | 172,000,000 | 192,000,000 |
principal non-cash charges (credits) to income | ||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 586,000,000 | 576,000,000 | 564,000,000 | 554,000,000 | 550,000,000 | 512,000,000 | 539,000,000 | 525,000,000 | 512,000,000 | 495,000,000 | 499,000,000 | 463,000,000 | 525,000,000 | 539,000,000 | 529,000,000 | 521,000,000 | 511,000,000 | 503,000,000 | 497,000,000 | 492,000,000 | 482,000,000 | 476,000,000 | 470,000,000 | 431,000,000 | 422,000,000 | 418,000,000 | 413,000,000 | 377,000,000 | 359,000,000 | 354,000,000 | 348,000,000 | 343,000,000 | 336,000,000 | 333,000,000 | 329,000,000 | 311,000,000 | 306,000,000 | 302,000,000 | 297,000,000 | 290,000,000 | 285,000,000 | 276,000,000 | 279,000,000 | 270,000,000 | 265,000,000 | 261,000,000 | 260,000,000 | 258,000,000 | 255,000,000 | 251,000,000 |
deferred income taxes | 197,000,000 | 54,000,000 | 247,000,000 | -32,000,000 | 287,000,000 | -27,000,000 | 188,000,000 | 33,000,000 | 248,000,000 | -68,000,000 | -81,000,000 | 118,000,000 | 167,000,000 | -17,000,000 | 167,000,000 | -34,000,000 | 137,000,000 | -47,000,000 | 77,000,000 | -99,000,000 | 123,000,000 | 1,000,000 | 60,000,000 | 51,000,000 | 131,000,000 | 18,000,000 | 108,000,000 | 100,000,000 | 153,000,000 | 54,000,000 | 101,000,000 | -141,000,000 | 267,000,000 | 103,000,000 | 256,000,000 | 259,000,000 | 256,000,000 | 94,000,000 | 174,000,000 | 187,000,000 | 264,000,000 | 24,000,000 | 178,000,000 | 262,000,000 | -33,000,000 | 195,000,000 | -76,000,000 | 250,000,000 | -47,000,000 | -87,000,000 |
rate case amortization and accruals | 64,000,000 | 66,000,000 | 64,000,000 | 27,000,000 | 59,000,000 | 66,000,000 | 49,000,000 | 25,000,000 | 18,000,000 | 18,000,000 | -2,000,000 | -3,000,000 | -3,000,000 | -8,000,000 | -10,000,000 | -10,000,000 | -9,000,000 | -11,000,000 | -28,000,000 | -29,000,000 | -30,000,000 | -29,000,000 | -32,000,000 | -29,000,000 | -28,000,000 | -28,000,000 | -31,000,000 | -31,000,000 | -31,000,000 | -31,000,000 | -53,000,000 | -45,000,000 | -49,000,000 | -63,000,000 | -14,000,000 | -18,000,000 | -6,000,000 | -14,000,000 | 22,000,000 | 23,000,000 | 32,000,000 | 9,000,000 | -18,000,000 | 9,000,000 | 10,000,000 | |||||
pre-tax loss on sale of the clean energy businesses | 32,000,000 | 0 | 0 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other non-cash items | -60,000,000 | -63,000,000 | -36,000,000 | 11,000,000 | -72,000,000 | 25,000,000 | -49,000,000 | -3,000,000 | -41,000,000 | 18,000,000 | -64,000,000 | -32,000,000 | 42,000,000 | 119,000,000 | 34,000,000 | 40,000,000 | -151,000,000 | 220,000,000 | 39,000,000 | 36,000,000 | -11,000,000 | 57,000,000 | 45,000,000 | 7,000,000 | -8,000,000 | 159,000,000 | 11,000,000 | -32,000,000 | -23,000,000 | 43,000,000 | 57,000,000 | 7,000,000 | 35,000,000 | 4,000,000 | 55,000,000 | 13,000,000 | 5,000,000 | 16,000,000 | -10,000,000 | 4,000,000 | 45,000,000 | -108,000,000 | 7,000,000 | 147,000,000 | ||||||
changes in assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable – customers | 51,000,000 | 357,000,000 | -305,000,000 | -68,000,000 | 154,000,000 | -215,000,000 | -365,000,000 | 325,000,000 | 219,000,000 | -22,000,000 | 134,000,000 | -252,000,000 | -252,000,000 | 146,000,000 | -281,000,000 | -209,000,000 | -26,000,000 | -87,000,000 | -157,000,000 | 208,000,000 | -43,000,000 | -251,000,000 | 152,000,000 | -147,000,000 | -127,000,000 | 194,000,000 | -66,000,000 | -239,000,000 | 131,000,000 | -30,000,000 | ||||||||||||||||||||
other receivables, net and other current assets | 44,000,000 | 127,000,000 | 2,000,000 | -122,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
taxes receivable | 0 | 118,000,000 | 26,000,000 | 0 | 4,000,000 | -5,000,000 | 4,000,000 | -1,000,000 | 15,000,000 | 0 | -5,000,000 | 0 | -1,000,000 | -10,000,000 | 20,000,000 | -20,000,000 | -2,000,000 | 31,000,000 | 18,000,000 | |||||||||||||||||||||||||||||||
unbilled revenue and net unbilled revenue deferrals | -4,000,000 | 29,000,000 | -7,000,000 | 44,000,000 | 17,000,000 | 40,000,000 | -26,000,000 | -126,000,000 | 15,000,000 | 15,000,000 | 48,000,000 | -98,000,000 | 45,000,000 | 19,000,000 | -8,000,000 | -95,000,000 | 31,000,000 | -30,000,000 | 26,000,000 | -48,000,000 | 51,000,000 | -32,000,000 | 33,000,000 | -15,000,000 | 11,000,000 | -117,000,000 | 22,000,000 | 65,000,000 | 48,000,000 | |||||||||||||||||||||
prepayments | -771,000,000 | 625,000,000 | -554,000,000 | 927,000,000 | -934,000,000 | 586,000,000 | -554,000,000 | 641,000,000 | -785,000,000 | 508,000,000 | -564,000,000 | -557,000,000 | 440,000,000 | -471,000,000 | 552,000,000 | -592,000,000 | 516,000,000 | -500,000,000 | 506,000,000 | -486,000,000 | 448,000,000 | -479,000,000 | 447,000,000 | -485,000,000 | 413,000,000 | -448,000,000 | -451,000,000 | 386,000,000 | -422,000,000 | 414,000,000 | -397,000,000 | 358,000,000 | -394,000,000 | 423,000,000 | -388,000,000 | 359,000,000 | -374,000,000 | 554,000,000 | -424,000,000 | 163,000,000 | -307,000,000 | -497,000,000 | 342,000,000 | -353,000,000 | 385,000,000 | -402,000,000 | 303,000,000 | -263,000,000 | ||
accounts payable | -163,000,000 | 175,000,000 | -140,000,000 | 198,000,000 | -33,000,000 | 12,000,000 | -178,000,000 | 288,000,000 | -8,000,000 | -22,000,000 | -543,000,000 | 497,000,000 | 17,000,000 | 200,000,000 | -156,000,000 | 59,000,000 | 130,000,000 | 33,000,000 | -178,000,000 | 151,000,000 | 187,000,000 | -12,000,000 | -156,000,000 | 77,000,000 | 89,000,000 | -48,000,000 | -108,000,000 | -91,000,000 | 30,000,000 | 149,000,000 | 40,000,000 | -16,000,000 | -78,000,000 | -113,000,000 | 163,000,000 | 63,000,000 | -84,000,000 | -162,000,000 | 241,000,000 | -100,000,000 | -58,000,000 | 33,000,000 | -92,000,000 | 113,000,000 | 75,000,000 | -72,000,000 | -37,000,000 | -84,000,000 | ||
pensions and retiree benefits obligations | -139,000,000 | -136,000,000 | -148,000,000 | -122,000,000 | -39,000,000 | -37,000,000 | -86,000,000 | -40,000,000 | -73,000,000 | -45,000,000 | -43,000,000 | 71,000,000 | 50,000,000 | 5,000,000 | 50,000,000 | 29,000,000 | 68,000,000 | 96,000,000 | 73,000,000 | 104,000,000 | 81,000,000 | 96,000,000 | 4,000,000 | 104,000,000 | 85,000,000 | 75,000,000 | 93,000,000 | 61,000,000 | 93,000,000 | 87,000,000 | 84,000,000 | 109,000,000 | 92,000,000 | 108,000,000 | 105,000,000 | 145,000,000 | 162,000,000 | 163,000,000 | 139,000,000 | 190,000,000 | 187,000,000 | 194,000,000 | 185,000,000 | 201,000,000 | 218,000,000 | 193,000,000 | 164,000,000 | 198,000,000 | 197,000,000 | 270,000,000 |
pensions and retiree benefits contributions | -11,000,000 | -4,000,000 | -5,000,000 | -5,000,000 | -12,000,000 | -5,000,000 | -4,000,000 | -3,000,000 | -20,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -24,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -386,000,000 | -77,000,000 | -4,000,000 | -4,000,000 | -395,000,000 | -75,000,000 | -4,000,000 | -4,000,000 | -275,000,000 | -4,000,000 | -107,000,000 | -184,000,000 | -184,000,000 | -5,000,000 | -179,000,000 | -154,000,000 | -129,000,000 | -5,000,000 | -203,000,000 | -154,000,000 | -153,000,000 | -3,000,000 | -346,000,000 | -203,000,000 | -204,000,000 | -171,000,000 | -213,000,000 | -200,000,000 | 0 | -526,000,000 | -126,000,000 | -235,000,000 | ||
accrued taxes | 9,000,000 | -25,000,000 | 12,000,000 | 9,000,000 | 0 | -1,000,000 | -13,000,000 | -12,000,000 | -153,000,000 | -100,000,000 | 252,000,000 | 17,000,000 | -5,000,000 | 22,000,000 | -27,000,000 | -19,000,000 | 2,000,000 | 6,000,000 | -35,000,000 | 61,000,000 | 36,000,000 | 22,000,000 | -45,000,000 | 37,000,000 | -12,000,000 | 4,000,000 | -19,000,000 | 11,000,000 | 3,000,000 | -2,000,000 | -61,000,000 | 65,000,000 | 1,000,000 | 4,000,000 | -26,000,000 | 23,000,000 | -5,000,000 | -5,000,000 | -11,000,000 | 9,000,000 | 1,000,000 | -28,000,000 | 8,000,000 | -21,000,000 | -29,000,000 | -378,000,000 | 97,000,000 | 57,000,000 | 178,000,000 | -18,000,000 |
accrued interest | 126,000,000 | -125,000,000 | 137,000,000 | -131,000,000 | 140,000,000 | -109,000,000 | 128,000,000 | -115,000,000 | 97,000,000 | 127,000,000 | -130,000,000 | 129,000,000 | -122,000,000 | 122,000,000 | -112,000,000 | 116,000,000 | -106,000,000 | 103,000,000 | -86,000,000 | 85,000,000 | -71,000,000 | 70,000,000 | -72,000,000 | 97,000,000 | -102,000,000 | 68,000,000 | 77,000,000 | -72,000,000 | 54,000,000 | -52,000,000 | 63,000,000 | -51,000,000 | 54,000,000 | -44,000,000 | 48,000,000 | -5,000,000 | -37,000,000 | -39,000,000 | -75,000,000 | 47,000,000 | -50,000,000 | 174,000,000 | ||||||||
superfund and other environmental costs | 4,000,000 | -4,000,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
distributions from equity investments | 18,000,000 | 17,000,000 | 16,000,000 | 20,000,000 | 13,000,000 | 8,000,000 | 8,000,000 | 9,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 0 | 0 | 8,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 9,000,000 | 11,000,000 | 11,000,000 | 19,000,000 | 13,000,000 | 14,000,000 | 19,000,000 | 34,000,000 | 19,000,000 | 35,000,000 | 21,000,000 | 35,000,000 | 17,000,000 | 35,000,000 | 23,000,000 | 21,000,000 | 0 | 24,000,000 | |||||||||||||
deferred charges, noncurrent assets, leases, net and other regulatory assets | -87,000,000 | -27,000,000 | -151,000,000 | -120,000,000 | -392,000,000 | -315,000,000 | 30,000,000 | -603,000,000 | -267,000,000 | -25,000,000 | -321,000,000 | -320,000,000 | -286,000,000 | |||||||||||||||||||||||||||||||||||||
deferred credits, noncurrent liabilities and other regulatory liabilities | -25,000,000 | -93,000,000 | 299,000,000 | 75,000,000 | 209,000,000 | 105,000,000 | 86,000,000 | 227,000,000 | 138,000,000 | -138,000,000 | -31,000,000 | -45,000,000 | ||||||||||||||||||||||||||||||||||||||
other current liabilities | 14,000,000 | 54,000,000 | 9,000,000 | -31,000,000 | 71,000,000 | 6,000,000 | -147,000,000 | 103,000,000 | 74,000,000 | 25,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||||||||
net cash flows from operating activities | 504,000,000 | 1,979,000,000 | 837,000,000 | 1,310,000,000 | 392,000,000 | 1,339,000,000 | 573,000,000 | 975,000,000 | 17,000,000 | 1,072,000,000 | 92,000,000 | 1,317,000,000 | 661,000,000 | 1,484,000,000 | 473,000,000 | 1,021,000,000 | 319,000,000 | 1,104,000,000 | 289,000,000 | 830,000,000 | 188,000,000 | 768,000,000 | 412,000,000 | 1,174,000,000 | 422,000,000 | 1,074,000,000 | 464,000,000 | 1,095,000,000 | 560,000,000 | 897,000,000 | 143,000,000 | 1,140,000,000 | 653,000,000 | 1,126,000,000 | 448,000,000 | 1,123,000,000 | 705,000,000 | 1,107,000,000 | 524,000,000 | 1,078,000,000 | 713,000,000 | 927,000,000 | 559,000,000 | 494,000,000 | 1,033,000,000 | 224,000,000 | 1,314,000,000 | 265,000,000 | ||
investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
utility capital expenditures | -1,040,000,000 | -1,265,000,000 | -1,155,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cost of removal less salvage | -84,000,000 | -144,000,000 | -107,000,000 | -139,000,000 | -121,000,000 | -107,000,000 | -107,000,000 | -98,000,000 | -93,000,000 | -102,000,000 | -94,000,000 | -90,000,000 | -88,000,000 | -79,000,000 | -80,000,000 | -81,000,000 | -76,000,000 | -80,000,000 | -86,000,000 | -94,000,000 | -75,000,000 | -73,000,000 | -68,000,000 | -76,000,000 | -77,000,000 | -70,000,000 | -72,000,000 | -70,000,000 | -67,000,000 | -58,000,000 | -63,000,000 | -63,000,000 | -63,000,000 | -59,000,000 | -63,000,000 | -57,000,000 | -54,000,000 | -51,000,000 | -44,000,000 | -63,000,000 | -51,000,000 | -55,000,000 | -50,000,000 | -69,000,000 | -52,000,000 | -47,000,000 | -73,000,000 | -51,000,000 | -46,000,000 | -47,000,000 |
proceeds from sale of broken bow ii, net of cash and cash equivalents sold | 0 | 0 | 45,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | -8,000,000 | -14,000,000 | -14,000,000 | -7,000,000 | -9,000,000 | 1,000,000 | 1,000,000 | 0 | 0 | 6,000,000 | 4,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 12,000,000 | 6,000,000 | 11,000,000 | 5,000,000 | 8,000,000 | 8,000,000 | 16,000,000 | 176,000,000 | -63,000,000 | -69,000,000 | -13,000,000 | -54,000,000 | ||||||||||||||||||
net cash flows from investing activities | -1,131,000,000 | -1,424,000,000 | -1,231,000,000 | -1,384,000,000 | -1,267,000,000 | -1,278,000,000 | -1,344,000,000 | -1,355,000,000 | -1,100,000,000 | -1,166,000,000 | 2,618,000,000 | -437,000,000 | -904,000,000 | -1,096,000,000 | -667,000,000 | -634,000,000 | ||||||||||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
net payment of short-term debt | -484,000,000 | -680,000,000 | 200,000,000 | -218,000,000 | -330,000,000 | -281,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | 1,450,000,000 | 125,000,000 | 1,550,000,000 | 0 | 0 | 500,000,000 | 825,000,000 | 191,000,000 | 1,538,000,000 | 250,000,000 | 1,250,000,000 | 75,000,000 | 0 | 1,600,000,000 | 1,028,000,000 | 0 | 1,164,000,000 | 825,000,000 | 1,125,000,000 | 265,000,000 | 700,000,000 | 0 | 500,000,000 | 497,000,000 | 825,000,000 | 0 | 1,547,000,000 | 218,000,000 | 909,000,000 | 0 | 0 | 0 | 850,000,000 | 0 | 0 | 219,000,000 | 700,000,000 | |||||||||||||
borrowing under term loan | 0 | 0 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs | -2,000,000 | 0 | -1,000,000 | -18,000,000 | -2,000,000 | -22,000,000 | -1,000,000 | -27,000,000 | -1,000,000 | 0 | -4,000,000 | 0 | -1,000,000 | -10,000,000 | -4,000,000 | -23,000,000 | -3,000,000 | -22,000,000 | -1,000,000 | -2,000,000 | -22,000,000 | -17,000,000 | 2,000,000 | -40,000,000 | -5,000,000 | -7,000,000 | -1,000,000 | -8,000,000 | -1,000,000 | -1,000,000 | -3,000,000 | 0 | -6,000,000 | 6,000,000 | 0 | -5,000,000 | -7,000,000 | |||||||||||||
common stock dividends | -295,000,000 | -294,000,000 | -282,000,000 | -276,000,000 | -275,000,000 | -275,000,000 | -274,000,000 | -267,000,000 | -267,000,000 | -278,000,000 | -284,000,000 | -277,000,000 | -268,000,000 | -268,000,000 | -276,000,000 | -262,000,000 | -261,000,000 | -254,000,000 | -253,000,000 | -244,000,000 | -244,000,000 | -244,000,000 | -243,000,000 | -234,000,000 | -235,000,000 | -229,000,000 | -226,000,000 | -211,000,000 | -211,000,000 | -211,000,000 | -209,000,000 | -203,000,000 | -202,000,000 | -199,000,000 | -199,000,000 | -193,000,000 | -192,000,000 | -193,000,000 | -185,000,000 | -173,000,000 | -180,000,000 | -190,000,000 | -190,000,000 | -185,000,000 | -184,000,000 | -184,000,000 | -181,000,000 | -180,000,000 | -180,000,000 | -180,000,000 |
issuance of common shares - public offering | 0 | 0 | 1,308,000,000 | 0 | 0 | 552,000,000 | 0 | 0 | 88,000,000 | 0 | 0 | 400,000,000 | 425,000,000 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||
issuance of common shares for stock plans | 17,000,000 | 16,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 14,000,000 | 12,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | 15,000,000 | 14,000,000 | 15,000,000 | 15,000,000 | 14,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | 14,000,000 | 13,000,000 | 14,000,000 | 13,000,000 | 14,000,000 | 13,000,000 | 13,000,000 | 13,000,000 | 12,000,000 | 13,000,000 | 12,000,000 | ||||||||||||||||
net cash flows from financing activities | -698,000,000 | 592,000,000 | -579,000,000 | 1,305,000,000 | -530,000,000 | 1,271,000,000 | -249,000,000 | 1,029,000,000 | -3,466,000,000 | 957,000,000 | -845,000,000 | 821,000,000 | -472,000,000 | 1,532,000,000 | -167,000,000 | 688,000,000 | -131,000,000 | 723,000,000 | -474,000,000 | 238,000,000 | -162,000,000 | -255,000,000 | 107,000,000 | 485,000,000 | ||||||||||||||||||||||||||
cash, temporary cash investments, and restricted cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||
net change for the period | -1,325,000,000 | 1,147,000,000 | -973,000,000 | 1,231,000,000 | -1,405,000,000 | 1,332,000,000 | -1,020,000,000 | 649,000,000 | -1,410,000,000 | 1,182,000,000 | -756,000,000 | 1,289,000,000 | -999,000,000 | 1,043,000,000 | -949,000,000 | 931,000,000 | -963,000,000 | 1,021,000,000 | -1,279,000,000 | 1,122,000,000 | -1,031,000,000 | -229,000,000 | 357,000,000 | 964,000,000 | -717,000,000 | 496,000,000 | -532,000,000 | 761,000,000 | -676,000,000 | 238,000,000 | -161,000,000 | 728,000,000 | -747,000,000 | 749,000,000 | -709,000,000 | 626,000,000 | -716,000,000 | 799,000,000 | -881,000,000 | 855,000,000 | -616,000,000 | 592,000,000 | -582,000,000 | -569,000,000 | 672,000,000 | -572,000,000 | 600,000,000 | -673,000,000 | 615,000,000 | -262,000,000 |
balance at beginning of period | 0 | 0 | 1,333,000,000 | 0 | 0 | 0 | 1,195,000,000 | 0 | 0 | 0 | 1,530,000,000 | 0 | 0 | 0 | 1,146,000,000 | 0 | 0 | 0 | 1,436,000,000 | 0 | 0 | 0 | 1,217,000,000 | 0 | 0 | 0 | 1,006,000,000 | 0 | 0 | 0 | 844,000,000 | 0 | 0 | 0 | 776,000,000 | 0 | 0 | 0 | 944,000,000 | 0 | 0 | 0 | 699,000,000 | 0 | 0 | 674,000,000 | 0 | 0 | 0 | 394,000,000 |
balance at end of period | -1,325,000,000 | 1,147,000,000 | 360,000,000 | 1,231,000,000 | -1,405,000,000 | 1,332,000,000 | 175,000,000 | 649,000,000 | -1,410,000,000 | 1,182,000,000 | 774,000,000 | 1,289,000,000 | -999,000,000 | 1,043,000,000 | 197,000,000 | 931,000,000 | -963,000,000 | 1,021,000,000 | 157,000,000 | 1,122,000,000 | -1,031,000,000 | -229,000,000 | 1,574,000,000 | 964,000,000 | -717,000,000 | 496,000,000 | 474,000,000 | 761,000,000 | -676,000,000 | 238,000,000 | 683,000,000 | 728,000,000 | -747,000,000 | 749,000,000 | 67,000,000 | 626,000,000 | 63,000,000 | 855,000,000 | -616,000,000 | 592,000,000 | 117,000,000 | -569,000,000 | 672,000,000 | 102,000,000 | 600,000,000 | -673,000,000 | 615,000,000 | 132,000,000 | ||
less: change in cash and restricted cash balances held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||
balance at end of period excluding held for sale | -1,325,000,000 | 1,147,000,000 | 360,000,000 | 1,231,000,000 | -1,407,000,000 | 1,331,000,000 | 169,000,000 | 650,000,000 | -1,415,000,000 | 1,184,000,000 | 771,000,000 | 728,000,000 | 67,000,000 | 626,000,000 | -712,000,000 | 801,000,000 | 61,000,000 | 853,000,000 | ||||||||||||||||||||||||||||||||
supplemental disclosure of cash information | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | ||||||||||||||||||||||||||||||||||||||||||||||||||
interest, net of capitalized interest | 166,000,000 | 411,000,000 | 149,000,000 | 415,000,000 | 137,000,000 | 385,000,000 | 135,000,000 | |||||||||||||||||||||||||||||||||||||||||||
income taxes | 14,000,000 | -148,000,000 | -33,000,000 | 1,000,000 | 211,000,000 | 10,000,000 | 17,000,000 | 11,000,000 | 20,000,000 | -1,000,000 | 18,000,000 | 4,000,000 | 2,000,000 | -15,000,000 | 7,000,000 | 9,000,000 | 20,000,000 | 2,000,000 | 2,000,000 | -13,000,000 | -18,000,000 | 3,000,000 | -13,000,000 | 5,000,000 | 1,000,000 | 4,000,000 | -39,000,000 | -36,000,000 | -2,000,000 | 1,000,000 | -143,000,000 | -197,000,000 | 117,000,000 | 102,000,000 | 416,000,000 | 42,000,000 | 0 | 3,000,000 | 24,000,000 | |||||||||||
supplemental disclosure of non-cash information | ||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures in accounts payable | 378,000,000 | -74,000,000 | 416,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
issuance of common shares for dividend reinvestment | 12,000,000 | 12,000,000 | 13,000,000 | 4,000,000 | 3,000,000 | 12,000,000 | 12,000,000 | 4,000,000 | 12,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | ||||||||||||||||||
equipment acquired but unpaid as of end of period | 0 | 6,000,000 | 17,000,000 | 0 | -5,000,000 | 0 | 22,000,000 | 0 | 0 | -6,000,000 | 28,000,000 | 0 | 0 | -5,000,000 | 33,000,000 | 0 | ||||||||||||||||||||||||||||||||||
revenue decoupling mechanism receivable | 11,000,000 | 26,000,000 | 73,000,000 | 32,000,000 | -78,000,000 | 91,000,000 | -24,000,000 | -27,000,000 | -28,000,000 | 3,000,000 | 6,000,000 | -20,000,000 | -42,000,000 | -9,000,000 | 28,000,000 | -48,000,000 | -32,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||||
non-utility capital expenditures | ||||||||||||||||||||||||||||||||||||||||||||||||||
net issuance (payment) of short-term debt | 870,000,000 | -1,820,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net derivative losses | 13,000,000 | 26,000,000 | -65,000,000 | -23,000,000 | -9,000,000 | 6,000,000 | 83,000,000 | |||||||||||||||||||||||||||||||||||||||||||
accounts receivable - customers | ||||||||||||||||||||||||||||||||||||||||||||||||||
materials and supplies, including fuel oil and gas in storage | -13,000,000 | -21,000,000 | -9,000,000 | 27,000,000 | -15,000,000 | -21,000,000 | -45,000,000 | 33,000,000 | -32,000,000 | -45,000,000 | -22,000,000 | 17,000,000 | -3,000,000 | -17,000,000 | -10,000,000 | 26,000,000 | -17,000,000 | 31,000,000 | -17,000,000 | 33,000,000 | 3,000,000 | 20,000,000 | -44,000,000 | 26,000,000 | -2,000,000 | -14,000,000 | 21,000,000 | 8,000,000 | -10,000,000 | -16,000,000 | 8,000,000 | 40,000,000 | -21,000,000 | -20,000,000 | 60,000,000 | 5,000,000 | -47,000,000 | -51,000,000 | 60,000,000 | |||||||||||
superfund and environmental remediation costs | -16,000,000 | -12,000,000 | -9,000,000 | -6,000,000 | -7,000,000 | -7,000,000 | 2,000,000 | -5,000,000 | -2,000,000 | -5,000,000 | -14,000,000 | -5,000,000 | 0 | -3,000,000 | -1,000,000 | -1,000,000 | -5,000,000 | 1,000,000 | 1,000,000 | 8,000,000 | 5,000,000 | 55,000,000 | -1,000,000 | 8,000,000 | 7,000,000 | 8,000,000 | 8,000,000 | 7,000,000 | 9,000,000 | 2,000,000 | 0 | |||||||||||||||||||
proceeds from sale of the clean energy businesses, net of cash and cash equivalents sold | 0 | 0 | 0 | 3,927,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
issuance of term loan | ||||||||||||||||||||||||||||||||||||||||||||||||||
retirement of term loan | ||||||||||||||||||||||||||||||||||||||||||||||||||
retirement of long-term debt | -650,000,000 | 0 | 0 | -60,000,000 | -23,000,000 | -14,000,000 | -343,000,000 | -26,000,000 | -56,000,000 | -22,000,000 | -1,187,000,000 | -695,000,000 | -55,000,000 | -21,000,000 | -404,000,000 | -38,000,000 | -493,000,000 | -45,000,000 | -646,000,000 | -11,000,000 | -619,000,000 | -700,000,000 | -609,000,000 | -10,000,000 | -5,000,000 | -3,000,000 | -18,000,000 | -408,000,000 | -328,000,000 | -355,000,000 | -100,000,000 | 0 | -278,000,000 | -200,000,000 | -2,000,000 | -1,000,000 | -197,000,000 | -509,000,000 | ||||||||||||
repurchase of common shares | 0 | 0 | 0 | -1,000,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
distribution to noncontrolling interest | 0 | 0 | 0 | -4,000,000 | -9,000,000 | -12,000,000 | -10,000,000 | -6,000,000 | -8,000,000 | -8,000,000 | -4,000,000 | -3,000,000 | -5,000,000 | -7,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -5,000,000 | ||||||||||||||||||||||||||||||||
less: cash and restricted cash balances held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||
software licenses acquired but unpaid as of end of period | 2,000,000 | 0 | 0 | -21,000,000 | 23,000,000 | -1,000,000 | 0 | -27,000,000 | 51,000,000 | 0 | 0 | -29,000,000 | 80,000,000 | 0 | 0 | -20,000,000 | 100,000,000 | 0 | 6,000,000 | |||||||||||||||||||||||||||||||
utility construction expenditures | -1,137,000,000 | -1,159,000,000 | -1,237,000,000 | -1,256,000,000 | -1,000,000,000 | -1,047,000,000 | -1,050,000,000 | -980,000,000 | -1,016,000,000 | -991,000,000 | -837,000,000 | -933,000,000 | -916,000,000 | -913,000,000 | -868,000,000 | -980,000,000 | -818,000,000 | -761,000,000 | -767,000,000 | -810,000,000 | -815,000,000 | -830,000,000 | -783,000,000 | -794,000,000 | -855,000,000 | -812,000,000 | -790,000,000 | -880,000,000 | -723,000,000 | -711,000,000 | -714,000,000 | -778,000,000 | -713,000,000 | -741,000,000 | -603,000,000 | -724,000,000 | -664,000,000 | -624,000,000 | -550,000,000 | -590,000,000 | -575,000,000 | -498,000,000 | -638,000,000 | -587,000,000 | -576,000,000 | -538,000,000 | ||||
non-utility construction expenditures | 0 | -1,000,000 | 0 | -140,000,000 | -134,000,000 | -102,000,000 | -83,000,000 | -25,000,000 | -34,000,000 | -59,000,000 | -89,000,000 | -141,000,000 | -169,000,000 | -156,000,000 | -128,000,000 | -130,000,000 | -105,000,000 | -51,000,000 | -44,000,000 | -48,000,000 | -53,000,000 | -84,000,000 | -74,000,000 | -35,000,000 | -127,000,000 | -63,000,000 | -112,000,000 | -113,000,000 | -409,000,000 | -105,000,000 | -121,000,000 | -210,000,000 | -126,000,000 | -188,000,000 | -136,000,000 | -42,000,000 | -39,000,000 | -52,000,000 | -61,000,000 | -50,000,000 | -20,000,000 | -38,000,000 | -91,000,000 | |||||||
allowance for uncollectible accounts – customers | 40,000,000 | 34,000,000 | 84,000,000 | 1,000,000 | 31,000,000 | -78,000,000 | 17,000,000 | -31,000,000 | 0 | 19,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||
other receivables and other current assets | 69,000,000 | 98,000,000 | -3,000,000 | 76,000,000 | -20,000,000 | 88,000,000 | -50,000,000 | 55,000,000 | -198,000,000 | -184,000,000 | 48,000,000 | -23,000,000 | 56,000,000 | -102,000,000 | -22,000,000 | -38,000,000 | 28,000,000 | -49,000,000 | -22,000,000 | 161,000,000 | -36,000,000 | -31,000,000 | 37,000,000 | -94,000,000 | 26,000,000 | -5,000,000 | -51,000,000 | -18,000,000 | 30,000,000 | -36,000,000 | 128,000,000 | 2,000,000 | -40,000,000 | -71,000,000 | 60,000,000 | -16,000,000 | -5,000,000 | -9,000,000 | -6,000,000 | 8,000,000 | 42,000,000 | -10,000,000 | -83,000,000 | 85,000,000 | ||||||
less: change in cash balances held for sale | 1,000,000 | 6,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
principal non-cash charges/(credits) to income | ||||||||||||||||||||||||||||||||||||||||||||||||||
net derivative gains | -1,000,000 | 0 | 12,000,000 | -55,000,000 | 24,000,000 | 21,000,000 | 10,000,000 | 3,000,000 | 16,000,000 | -8,000,000 | 1,000,000 | 5,000,000 | -20,000,000 | |||||||||||||||||||||||||||||||||||||
net (payment)/issuance of short-term debt | 11,000,000 | 453,000,000 | -107,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gain on sale of the clean energy businesses | 1,000,000 | 1,000,000 | -12,000,000 | -855,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
divestiture of renewable electric projects | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
sale of equity interest | 1,000,000 | 164,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash, temporary cash investments and restricted cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 363,000,000 | 124,000,000 | 344,000,000 | 156,000,000 | 317,000,000 | 104,000,000 | 375,000,000 | 104,000,000 | 359,000,000 | 112,000,000 | 341,000,000 | 112,000,000 | 337,000,000 | 163,000,000 | 277,000,000 | 143,000,000 | 300,000,000 | 154,000,000 | 292,000,000 | 130,000,000 | 286,000,000 | 130,000,000 | 265,000,000 | 124,000,000 | 246,000,000 | 107,000,000 | 249,000,000 | 123,000,000 | 227,000,000 | 119,000,000 | 209,000,000 | 109,000,000 | 186,000,000 | 106,000,000 | 200,000,000 | 105,000,000 | 105,000,000 | 186,000,000 | 91,000,000 | 202,000,000 | 91,000,000 | 191,000,000 | 90,000,000 | |||||||
construction expenditures in accounts payable | 444,000,000 | 195,000,000 | 29,000,000 | 33,000,000 | 424,000,000 | 69,000,000 | 23,000,000 | -25,000,000 | 390,000,000 | 46,000,000 | 73,000,000 | 16,000,000 | 343,000,000 | 8,000,000 | -4,000,000 | 32,000,000 | 300,000,000 | 51,000,000 | -15,000,000 | -19,000,000 | 352,000,000 | 80,000,000 | 44,000,000 | 26,000,000 | 282,000,000 | 146,000,000 | -12,000,000 | -9,000,000 | 263,000,000 | 75,000,000 | -9,000,000 | 23,000,000 | 190,000,000 | |||||||||||||||||
investments in electric and gas transmission projects | -6,000,000 | -17,000,000 | -25,000,000 | -16,000,000 | -23,000,000 | -15,000,000 | -10,000,000 | -14,000,000 | 0 | -11,000,000 | -5,000,000 | 21,000,000 | -9,000,000 | -7,000,000 | -8,000,000 | -46,000,000 | -71,000,000 | -50,000,000 | -38,000,000 | -125,000,000 | -72,000,000 | -19,000,000 | -32,000,000 | -16,000,000 | -13,000,000 | |||||||||||||||||||||||||
net issuance (retirement) of short-term debt | -73,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
less: cash balances held for sale | 5,000,000 | -2,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from (used) in financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
system benefit charge | 15,000,000 | 20,000,000 | -21,000,000 | -37,000,000 | 25,000,000 | -2,000,000 | -20,000,000 | -63,000,000 | -10,000,000 | -27,000,000 | -19,000,000 | 11,000,000 | 10,000,000 | -7,000,000 | 6,000,000 | 18,000,000 | -20,000,000 | 31,000,000 | 63,000,000 | -93,000,000 | 62,000,000 | 67,000,000 | 65,000,000 | |||||||||||||||||||||||||||
net retirement of short-term debt | -2,629,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
prepayments, other receivables and other current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
investments in/acquisitions of renewable electric projects | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of assets | 15,000,000 | 144,000,000 | 0 | 0 | 48,000,000 | 0 | 0 | 11,000,000 | 23,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||
investment loss/impairment | 0 | 39,000,000 | 172,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used in investing activities | -1,228,000,000 | -1,166,000,000 | -952,000,000 | -1,052,000,000 | -964,000,000 | -968,000,000 | -898,000,000 | -1,008,000,000 | -988,000,000 | -888,000,000 | -2,524,000,000 | -1,081,000,000 | -957,000,000 | -909,000,000 | -1,131,000,000 | -869,000,000 | -866,000,000 | -837,000,000 | -1,259,000,000 | -731,000,000 | -1,868,000,000 | -1,118,000,000 | -970,000,000 | -962,000,000 | -763,000,000 | -549,000,000 | -663,000,000 | |||||||||||||||||||||||
net cash flows used in financing activities | -470,000,000 | -320,000,000 | -287,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash paid/(received) during the period for: | ||||||||||||||||||||||||||||||||||||||||||||||||||
common equity component of allowance for funds used during construction | -5,000,000 | -5,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -2,000,000 | -5,000,000 | -5,000,000 | -3,000,000 | -4,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | 0 | -1,000,000 | |||||||||||||||||||||||||||||
deferred credits and other regulatory liabilities | 42,000,000 | 440,000,000 | -403,000,000 | 452,000,000 | 81,000,000 | 45,000,000 | -25,000,000 | 54,000,000 | -135,000,000 | 116,000,000 | 134,000,000 | -18,000,000 | 68,000,000 | 94,000,000 | 54,000,000 | 138,000,000 | 65,000,000 | 179,000,000 | -2,484,000,000 | -23,000,000 | -184,000,000 | 41,000,000 | -35,000,000 | 110,000,000 | -38,000,000 | 84,000,000 | 103,000,000 | 33,000,000 | 80,000,000 | 68,000,000 | 86,000,000 | 336,000,000 | 212,000,000 | 84,000,000 | -5,000,000 | |||||||||||||||
other current and noncurrent liabilities | 53,000,000 | -101,000,000 | 132,000,000 | -3,000,000 | -11,000,000 | -82,000,000 | 25,000,000 | 72,000,000 | 42,000,000 | -79,000,000 | 4,000,000 | 30,000,000 | 69,000,000 | -124,000,000 | 43,000,000 | 30,000,000 | -24,000,000 | -200,000,000 | 43,000,000 | 13,000,000 | 141,000,000 | -69,000,000 | -171,000,000 | 35,000,000 | 70,000,000 | 9,000,000 | 56,000,000 | 17,000,000 | 64,000,000 | -33,000,000 | ||||||||||||||||||||
net issuance of short-term debt | -920,000,000 | -106,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net derivative losses/ | -68,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges, noncurrent assets and other regulatory assets | -214,000,000 | 142,000,000 | -383,000,000 | -268,000,000 | -54,000,000 | -210,000,000 | -333,000,000 | -72,000,000 | -38,000,000 | -254,000,000 | -25,000,000 | -179,000,000 | -34,000,000 | -170,000,000 | 10,000,000 | 13,000,000 | -246,000,000 | 2,394,000,000 | 27,000,000 | 8,000,000 | -53,000,000 | 7,000,000 | -6,000,000 | 51,000,000 | -149,000,000 | -94,000,000 | 35,000,000 | -81,000,000 | 87,000,000 | -103,000,000 | -196,000,000 | 28,000,000 | -71,000,000 | 37,000,000 | ||||||||||||||||
net issuance (repayment) of short-term debt | -175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net derivative (gains)/losses | -97,000,000 | 64,000,000 | 75,000,000 | -45,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
investments in/acquisitions of renewable electric production projects | -4,000,000 | -13,000,000 | -34,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net issuance/(payment) of short-term debt | 183,000,000 | 16,000,000 | 139,000,000 | -274,000,000 | -1,131,000,000 | 483,000,000 | -520,000,000 | 812,000,000 | 369,000,000 | |||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of equity interest | 33,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
(gain) on sale of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) on existing project interests due to acquisition of sempra solar holdings, llc | ||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of sempra solar holdings, llc, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||
debt assumed with business acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and temporary cash investments | ||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectible accounts of 118 and 70 in 2020 and 2019, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for uncollectible accounts of 6 and 4 in 2020 and 2019, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||
accrued unbilled revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||
fuel oil, gas in storage, materials and supplies, at average cost | ||||||||||||||||||||||||||||||||||||||||||||||||||
regulatory assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | -6,000,000 | -15,000,000 | 9,000,000 | 19,000,000 | 4,000,000 | 10,000,000 | -1,000,000 | -26,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||
other current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
total current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
investments | ||||||||||||||||||||||||||||||||||||||||||||||||||
utility plant, at original cost | ||||||||||||||||||||||||||||||||||||||||||||||||||
electric | ||||||||||||||||||||||||||||||||||||||||||||||||||
gas | ||||||||||||||||||||||||||||||||||||||||||||||||||
steam | ||||||||||||||||||||||||||||||||||||||||||||||||||
general | ||||||||||||||||||||||||||||||||||||||||||||||||||
total | ||||||||||||||||||||||||||||||||||||||||||||||||||
less: accumulated depreciation | ||||||||||||||||||||||||||||||||||||||||||||||||||
net | ||||||||||||||||||||||||||||||||||||||||||||||||||
construction work in progress | ||||||||||||||||||||||||||||||||||||||||||||||||||
net utility plant | ||||||||||||||||||||||||||||||||||||||||||||||||||
non-utility plant | ||||||||||||||||||||||||||||||||||||||||||||||||||
non-utility property, less accumulated depreciation of 489 and 391 in 2020 and 2019, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||
net plant | ||||||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | ||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, less accumulated amortization of 203 and 126 in 2020 and 2019, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use asset | ||||||||||||||||||||||||||||||||||||||||||||||||||
other deferred charges and noncurrent assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
total other noncurrent assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from (used in) financing activities | 913,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
(gain) on sale of retail electric supply business and solar electric production projects | ||||||||||||||||||||||||||||||||||||||||||||||||||
con edison annual report 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||
revenue decoupling mechanism | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from/(used in) financing activities | -108,000,000 | 605,000,000 | 762,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
(gain) on acquisition of sempra solar holdings, llc | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the transfer of assets to ny transco | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of solar electric production project | ||||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gain on sale of retail electric supply business and solar electric production projects | ||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common shares for stock plans, net of repurchases | 13,000,000 | 11,000,000 | 12,000,000 | 15,000,000 | -2,000,000 | -6,000,000 | -1,000,000 | -1,000,000 | -4,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and temporary cash investments: | ||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of retail electric supply business and solar electric production project | ||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes receivable | 4,000,000 | 3,000,000 | 26,000,000 | -13,000,000 | -51,000,000 | 0 | 151,000,000 | -136,000,000 | -30,000,000 | 0 | 224,000,000 | |||||||||||||||||||||||||||||||||||||||
net cash flows (used in)/from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
(gain)/loss on sale of solar electric production project | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from grants related to solar electric production projects | ||||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gain on sale of retail electric supply business | ||||||||||||||||||||||||||||||||||||||||||||||||||
investments in/acquisitions of renewable electric production and electric and gas transmission projects | -31,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
investments in/acquisitions of renewable electric production and gas transmission projects | -247,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gains on termination of lilo transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gain on sale of solar electric production projects | ||||||||||||||||||||||||||||||||||||||||||||||||||
special deposits | 0 | 1,000,000 | 2,000,000 | 2,000,000 | 0 | -12,000,000 | 324,000,000 | 48,000,000 | 30,000,000 | 103,000,000 | -438,000,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from sale of solar electric production projects | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the termination of lilo transactions | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
less: held for sale | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable – customers, less allowance for uncollectibles | -117,000,000 | 278,000,000 | -243,000,000 | -59,000,000 | 339,000,000 | -315,000,000 | -62,000,000 | 146,000,000 | -135,000,000 | |||||||||||||||||||||||||||||||||||||||||
distributions from equity investments related to renewable electric production projects | 11,000,000 | 1,000,000 | 17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
return of equity investments related to renewable electric production projects | 0 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
investments in renewable electric production projects | -35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gain on sale of solar energy projects | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 6,000,000 | -36,000,000 | 27,000,000 | 10,000,000 | -15,000,000 | 56,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||
other liabilities | 24,000,000 | 1,000,000 | -40,000,000 | -3,000,000 | 64,000,000 | -8,000,000 | -9,000,000 | |||||||||||||||||||||||||||||||||||||||||||
investments in solar energy projects | -65,000,000 | -27,000,000 | -80,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from grants related to solar energy projects | 0 | 0 | 36,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of solar energy projects | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | ||||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gain on termination of a lilo transaction | ||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the termination of a lilo transaction | ||||||||||||||||||||||||||||||||||||||||||||||||||
increase in restricted cash | 16,000,000 | -7,000,000 | -13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net proceeds of short-term debt | -621,000,000 | 231,000,000 | -72,000,000 | 271,000,000 | 482,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
pre-tax gains on the termination of lilo transactions | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable—customers, less allowance for uncollectibles | ||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends | ||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock redemption | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid/(refunded) during the period for: | ||||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gain on the termination of a lilo transaction | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from grants related to renewable energy investments | 5,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net investment in pilesgrove solar project and other | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows (used in)/from operating activities | -84,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
8 |
