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Financial Statements

As Reported Financials

Document Name As Of Date Currency Code (in millions) 2016 Y 10-K 9/30/2016 USD 2017 Y 10-K 9/30/2017 USD 2018 Y 10-K 9/30/2018 USD 2019 Y 10-K 9/30/2019 USD
Document Name As Of Date Currency Code 2016 Y 10-K 9/30/2016 USD 2017 Y 10-K 9/30/2017 USD 2018 Y 10-K 9/30/2018 USD 2019 Y 10-K 9/30/2019 USD

Cash flows from operating activities

Net income (loss) 1,233 685 1,119 1,417

Adjustments to reconcile net income (loss) to net cash provided by operating activities

Depreciation and amortization 1,882 1,763 2,554 1,993
Amortization of nuclear fuel cost 287 341 382 379
Non-cash retirement benefit expense 327 837 324 314
Prepayment credits applied to revenue (100) (100) (100) (10)
Fuel cost adjustment deferral (83) NA NA NA
Fuel cost tax equivalents (16) NA NA NA
Other regulatory amortization and deferrals NA 143 2 261

Changes in current assets and liabilities

Accounts receivable, net (83) 230 (68) (40)
Inventories and other current assets, net 50 1 65 (87)
Accounts payable and accrued liabilities (4) (109) 143 (155)
Accrued interest (3) (17) (36) (8)
Regulatory asset costs (31) NA NA NA
Pension contributions (281) (805) (304) (307)
Settlements of asset retirement obligations (139) (123) (106) (89)
Other, net 3 (118) (37) 52
Net cash provided by operating activities 3,042 2,728 3,938 3,720

Cash flows from investing activities

Construction expenditures (2,710) (2,153) (1,759) (1,700)
Nuclear fuel expenditures (300) (305) (457) (474)
Purchases of investments (50) (49) (49) (48)

Loans and other receivables

Advances (10) (11) (12) (10)
Repayments 7 8 4 11
Other, net (50) (26) 4 (22)
Net cash used in investing activities (3,113) (2,536) (2,269) (2,243)

Cash flows from financing activities

Long-term debt

Issues of power bonds 0 999 998 0
Redemptions and repurchases of power bonds (76) (1,558) (1,731) (1,035)
Payments on debt of variable interest entities (33) (35) (36) (38)
Redemptions of notes payable 0 (27) (53) (46)
Short-term debt issues (redemptions), net 370 592 (782) (294)
Payments on leases and leasebacks (159) (136) (42) (43)
Financing costs, net 0 (4) (3) 0
Payments to U.S. Treasury (6) NA NA NA
Other, net (25) (22) (9) (21)
Net cash (used in) provided by financing activities 71 (191) (1,658) (1,477)
Net change in cash and cash equivalents 0 1 11 0
Cash and cash equivalents at beginning of period 300 NA NA NA
Cash and cash equivalents at end of period 300 NA NA NA
Cash, cash equivalents, and restricted cash at beginning of period NA 310 311 322
Cash, cash equivalents, and restricted cash at end of period NA 311 322 322
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.