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Statements of Cash Flows - MEC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net Income (Loss) Attributable to Parent $ 4 $ 670
Allowance for equity funds (26) (34)
Deferred income taxes and amortization of investment tax credits (135) 47
Other Noncash Income (Expense) 9 63
Trade receivables and other assets (249) (118)
Pension and other postretirement benefit plans (21) (23)
Accrued property, income and other taxes, net (453) (364)
Accounts payable and other liabilities 19 117
Net cash flows from operating activities 1,525 1,165
Capital expenditures (1,295) (1,356)
Purchases of marketable securities (128) (188)
Proceeds from sales of marketable securities 104 180
Other, net (29) 43
Net cash flows from investing activities (1,374) (1,474)
Net proceeds from (repayments of) short-term debt 409 (1,109)
Other, net (9) (32)
Net cash flows from financing activities (191) 1,358
Net change in cash and cash equivalents and restricted cash and cash equivalents (39) 1,036
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,445 1,268
Cash and cash equivalents and restricted cash and cash equivalents at end of period 1,406 2,304
Derivative collateral, net 14 (19)
MidAmerican Energy Company [Member]    
Net Income (Loss) Attributable to Parent 147 151
Depreciation and amortization 207 176
Amortization of Utility Plant to Other Operating Expense 8 9
Allowance for equity funds (6) (8)
Deferred income taxes and amortization of investment tax credits 154 91
Asset Retirement Obligation, Cash Paid to Settle (4) (2)
Other Noncash Income (Expense) (4) 14
Trade receivables and other assets (299) 15
Increase (Decrease) in Inventories 46 (6)
Pension and other postretirement benefit plans 1 (6)
Accrued property, income and other taxes, net (331) (286)
Accounts payable and other liabilities 10 70
Net cash flows from operating activities (85) 219
Capital expenditures (298) (472)
Purchases of marketable securities (52) (127)
Proceeds from sales of marketable securities 47 124
Other, net 0 5
Net cash flows from investing activities (303) (470)
Net proceeds from (repayments of) short-term debt 387 50
Other, net 0 (1)
Net cash flows from financing activities 387 49
Net change in cash and cash equivalents and restricted cash and cash equivalents (1) (202)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 45 330
Cash and cash equivalents and restricted cash and cash equivalents at end of period 44 128
Derivative collateral, net $ (14) $ 1