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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 3,144 $ 6,189 $ 7,014
Adjustments to reconcile net income to net cash flows from operating activities:      
Losses (gains) on marketable securities, net 2,002 (1,823) (4,797)
Depreciation and amortization 4,286 3,881 3,455
Allowance for equity funds (167) (126) (165)
Equity loss, net of distributions 319 380 248
Net power cost deferrals (1,290) (520) (62)
Amortization of net power cost deferrals 357 107 (5)
Other changes in regulatory assets and liabilities (146) (255) (348)
Deferred income taxes and investment tax credits, net (467) 646 1,880
Other, net 59 (57) (23)
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets 20 553 (1,318)
Derivative collateral, net 121 82 43
Pension and other postretirement benefit plans (27) (39) (65)
Accrued property, income and other taxes, net 397 (489) (134)
Accounts payable and other liabilities 751 163 501
Net cash flows from operating activities 9,359 8,692 6,224
Cash flows from investing activities:      
Capital expenditures (7,505) (6,611) (6,765)
Acquisitions, net of cash acquired (314) (122) (2,397)
Purchases of marketable securities (574) (297) (370)
Proceeds from sales of marketable securities 2,464 273 325
Purchases of other investments (1,958) (20) (1,323)
Proceeds from other investments 6 1,300 13
Equity method investments 119 (212) (2,724)
Other, net 12 (74) 76
Net cash flows from investing activities (7,750) (5,763) (13,165)
Cash flows from financing activities:      
Proceeds from issuance of preferred stock 0 0 3,750
Preferred stock redemptions (800) (2,100) 0
Preferred dividends (50) (132) (7)
Common stock purchases (870) 0 (126)
Proceeds from BHE senior debt 986 0 5,212
Repayments of BHE senior debt 0 (450) (350)
Proceeds from subsidiary debt 2,887 2,409 2,688
Repayments of subsidiary debt (1,494) (2,024) (2,841)
Net repayments of short-term debt (867) (276) (939)
Distributions to noncontrolling interests (524) (488) (122)
Other, net (274) (70) (162)
Net cash flows from financing activities (1,006) (3,131) 7,103
Effect of exchange rate changes (30) 1 15
Net change in cash and cash equivalents and restricted cash and cash equivalents 573 (201) 177
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,244 1,445 1,268
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 1,817 $ 1,244 $ 1,445