SUPPLEMENTAL CASH FLOW INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

Supplemental Cash Flow Information [Abstract]

Schedule of Cash Flow, Supplemental Disclosures

CASH TRANSACTIONS


	Years Ended December 31,
(in millions)	2023		2022		2021
Interest Paid, Net of Amounts Capitalized	$	85	$	80	$	76

NON-CASH TRANSACTIONS

Other significant non-cash investing and financing activities that resulted in recognition of assets and liabilities but did not result in cash receipts or payments were as follows:


	Years Ended December 31,
(in millions)	2023		2022		2021
Net Cost of Removal Increase (Decrease) (1)	$	91	$	(49)	$	(41)
Accrued Capital Expenditures	38		26		38

Renewable Energy Credits	3		3		3






Asset Retirement Obligations Increase (Decrease) (2)	(5)		(30)		34

(1)Represents an accrual for future cost of retirement net of salvage values that does not impact earnings. In 2022, TEP reclassified a portion of the Net Cost of Removal related to San Juan to the unrecovered book value of the retiring asset. In September 2023, the Net Cost of Removal reserve was rebalanced as part of the 2023 Rate Order.

(2)TEP retired the San Juan asset retirement cost asset, concurrent with the retirement of San Juan Unit 1 in June 2022.