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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities    
Net income (loss) including noncontrolling interests $ 1,303 $ (1,371)
Net income 1,293 (1,439)
Adjustments to reconcile net income (loss) including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 1,358 1,497
Deferred income taxes and investment tax credits 211 (231)
Impairment of assets and other charges 416 1,297
Loss from investment in Atlantic Coast Pipeline 22 2,315
Net losses (gains) on nuclear decommissioning trust funds and other investments (364) 117
Other adjustments 232 40
Changes in:    
Accounts receivable 337 360
Inventories 10 7
Deferred fuel and purchased gas costs, net (300) 237
Prepayments (143) (193)
Accounts payable (42) (191)
Accrued interest, payroll and taxes (135) (313)
Customer deposits (15) (7)
Margin deposit assets and liabilities (176) 19
Net realized and unrealized changes related to derivative activities 119 84
Pension and other postretirement benefits (150) (105)
Other operating assets and liabilities (443) (426)
Net cash provided by operating activities 2,240 3,136
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (2,664) (2,915)
Acquisition of solar development projects (36) (187)
Proceeds from sales of securities 2,710 1,660
Purchases of securities (2,683) (1,710)
Contributions to equity method affiliates (983) (39)
Acquisition of equity method investments 0 (178)
Other (112) 35
Net cash used in investing activities (3,768) (3,334)
Financing Activities    
Issuance (repayment) of short-term debt, net 2,133 (525)
Issuance of short-term notes 0 1,125
Repayment of short-term notes 0 (625)
Supplemental 364-Day credit facility borrowings 0 225
Repayment of supplemental 364-day credit facility borrowings (225) 0
Issuance of long-term debt 1,250 4,355
Repayment of long-term debt (722) (2,210)
Supplemental credit facility borrowings 250 0
Issuance of common stock 97 148
Common dividend payments (1,016) (1,577)
Other (182) (245)
Net cash provided by (used in) financing activities 1,585 671
Increase in cash, restricted cash and equivalents 57 473
Cash, restricted cash and equivalents at beginning of period 247 269
Cash, restricted cash and equivalents at end of period 304 742
Virginia Electric and Power Company    
Operating Activities    
Net income 788 210
Adjustments to reconcile net income (loss) including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 723 702
Deferred income taxes and investment tax credits 218 (220)
Impairment of assets and other charges (benefit) (39) 806
Other adjustments 81 24
Changes in:    
Accounts receivable 88 (21)
Affiliated receivables and payables (208) 220
Inventories 25 (1)
Deferred fuel and purchased gas costs, net (277) 136
Prepayments (4) 0
Accounts payable 15 (9)
Accrued interest, payroll and taxes 43 18
Net realized and unrealized changes related to derivative activities 51 (20)
Other operating assets and liabilities (220) 47
Net cash provided by operating activities 1,284 1,892
Investing Activities    
Plant construction and other property additions (1,575) (1,474)
Purchases of nuclear fuel (73) (154)
Acquisition of solar development projects (19) (19)
Proceeds from sales of securities 1,249 530
Purchases of securities (1,262) (549)
Other (22) 18
Net cash used in investing activities (1,702) (1,648)
Financing Activities    
Issuance (repayment) of short-term debt, net 769 (243)
Issuance (repayment) of affiliated current borrowings, net (32) 233
Issuance of long-term debt 0 105
Repayment of long-term debt 0 (105)
Common dividend payments (300) (215)
Other (5) (3)
Net cash provided by (used in) financing activities 432 (228)
Increase in cash, restricted cash and equivalents 14 16
Cash, restricted cash and equivalents at beginning of period 35 24
Cash, restricted cash and equivalents at end of period $ 49 $ 40