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Consolidated Statements of Cash Flows (Unaudited) - SPPC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 2,768 $ 2,285
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (80) (56)
Changes in regulatory assets and liabilities (226) (199)
Deferred income taxes and investment tax credits, net 385 613
Other, net 37 (26)
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (317) (254)
Accrued property, income and other taxes, net 489 76
Accounts payable and other liabilities 682 187
Net cash flows from operating activities 5,147 4,232
Cash flows from investing activities:    
Capital expenditures (3,382) (2,848)
Net cash flows from investing activities (3,452) (2,975)
Cash flows from financing activities:    
Net (repayments of) proceeds from short-term debt (54) 245
Other, net (248) (19)
Net cash flows from financing activities (605) (1,204)
Net change in cash and cash equivalents and restricted cash and cash equivalents 1,057 55
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,244 1,445
Cash and cash equivalents and restricted cash and cash equivalents at end of period 2,301 1,500
SPPC    
Cash flows from operating activities:    
Net income (loss) 41 45
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 73 72
Allowance for equity funds (4) (3)
Changes in regulatory assets and liabilities (8) (20)
Deferred income taxes and investment tax credits, net 5 8
Deferred energy (67) (47)
Amortization of deferred energy 46 2
Other, net 2 (2)
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (1) (1)
Inventories (10) 10
Accrued property, income and other taxes, net 3 (1)
Accounts payable and other liabilities 28 29
Net cash flows from operating activities 108 92
Cash flows from investing activities:    
Capital expenditures (191) (128)
Net cash flows from investing activities (191) (128)
Cash flows from financing activities:    
Proceeds from long-term debt 249 0
Repayments of long-term debt (265) 0
Net (repayments of) proceeds from short-term debt (159) 29
Dividends paid (70) 0
Proceeds from equity contributions 340 0
Other, net (4) (4)
Net cash flows from financing activities 91 25
Net change in cash and cash equivalents and restricted cash and cash equivalents 8 (11)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 16 26
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 24 $ 15