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Statements of Cash Flows (Unaudited) - MEC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ 2,064 $ 2,768
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (110) (80)
Deferred income taxes and investment tax credits, net (117) 385
Other, net (93) 37
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (60) (156)
Accrued property, income and other taxes, net 530 489
Accounts payable and other liabilities 52 457
Net cash flows from operating activities 3,665 5,147
Cash flows from investing activities:    
Capital expenditures (4,025) (3,382)
Purchases of marketable securities (155) (281)
Proceeds from sales of marketable securities 1,798 257
Other, net 16 (18)
Net cash flows from investing activities (3,674) (3,452)
Cash flows from financing activities:    
Other, net (36) (248)
Net cash flows from financing activities 625 (605)
Net change in cash and cash equivalents and restricted cash and cash equivalents 623 1,057
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,817 1,244
Cash and cash equivalents and restricted cash and cash equivalents at end of period 2,440 2,301
MEC    
Cash flows from operating activities:    
Net income (loss) 478 451
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 460 527
Amortization of utility plant to other operating expenses 16 19
Allowance for equity funds (24) (29)
Deferred income taxes and investment tax credits, net 46 58
Settlements of asset retirement obligations (15) (28)
Other, net 3 33
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets 203 2
Inventories (43) 8
Accrued property, income and other taxes, net 107 94
Accounts payable and other liabilities (106) (10)
Net cash flows from operating activities 1,125 1,125
Cash flows from investing activities:    
Capital expenditures (763) (862)
Purchases of marketable securities (95) (214)
Proceeds from sales of marketable securities 81 210
Other, net 10 6
Net cash flows from investing activities (767) (860)
Cash flows from financing activities:    
Common stock dividend (100) 0
Repayments of long-term debt (65) 0
Other, net (1) (1)
Net cash flows from financing activities (166) (1)
Net change in cash and cash equivalents and restricted cash and cash equivalents 192 264
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 268 239
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 460 $ 503