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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating Activities    
Net income (loss) including noncontrolling interests $ 1,596 $ 258
Net income 1,596 258
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 1,555 1,535
Deferred income taxes and investment tax credits 305 145
Impairment of assets and other charges 150 392
Losses (gains) on sales of assets and equity method investments (31) 601
Net (gains) losses on nuclear decommissioning trust funds and other investments (308) 556
Other adjustments 62 (56)
Changes in:    
Accounts receivable 590 (115)
Inventories (101) (12)
Deferred fuel and purchased gas costs, net 416 (858)
Prepayments (35) (81)
Accounts payable (694) 69
Accrued interest, payroll and taxes (200) (155)
Margin deposit assets and liabilities 311 (291)
Net realized and unrealized changes related to derivative activities 176 (87)
Pension and other postretirement benefits (239) (231)
Other operating assets and liabilities (359) (309)
Net cash provided by operating activities 3,194 1,361
Investing Activities    
Plant construction and other property additions (4,850) (3,219)
Acquisition of solar development projects (12) (121)
Proceeds from sales of securities 1,138 2,081
Purchases of securities (1,301) (1,851)
Proceeds from sale of assets and equity method investments 11 146
Contributions to equity method affiliates (48) (31)
Short-term deposit   (2,000)
Other 48 (153)
Net cash used in investing activities (5,014) (5,148)
Financing Activities    
Issuance (repayment) of short-term debt, net 1,152 765
364-day term loan facility borrowings 2,500  
Issuance and remarketing of long-term debt 1,660 2,338
Repayment and repurchase of long-term debt (2,394) (221)
Supplemental credit facility borrowings 450 900
Repayment of supplemental credit facility borrowings (450) (450)
Issuance of common stock 85 1,701
Common dividend payments (1,115) (1,096)
Other (94) (151)
Net cash provided by financing activities 1,794 3,786
Increase (decrease) in cash, restricted cash and equivalents (26) (1)
Cash, restricted cash and equivalents at beginning of period 341 408
Cash, restricted cash and equivalents at end of period 315 407
Virginia Electric and Power Company    
Operating Activities    
Net income 685 404
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 961 937
Deferred income taxes and investment tax credits 107 147
Impairment of assets and other charges 44 400
Net (gains) losses on nuclear decommissioning trust funds and other investments (45) 75
Other adjustments (5) (50)
Changes in:    
Accounts receivable 4 (302)
Affiliated receivables and payables (224) (27)
Inventories (88) 22
Deferred fuel and purchased gas costs, net 386 (780)
Prepayments (1) 4
Accounts payable (27) 116
Accrued interest, payroll and taxes 27 42
Margin deposit assets and liabilities 278 (311)
Net realized and unrealized changes related to derivative activities 472 84
Other operating assets and liabilities (121) (72)
Net cash provided by operating activities 2,453 689
Investing Activities    
Plant construction and other property additions (3,236) (1,996)
Purchases of nuclear fuel (100) (118)
Acquisition of solar development projects (12) (38)
Proceeds from sales of securities 719 864
Purchases of securities (824) (892)
Other 55 (21)
Net cash used in investing activities (3,398) (2,201)
Financing Activities    
Issuance (repayment) of short-term debt, net 324 (20)
Issuance (repayment) of affiliated current borrowings, net 306 (587)
Issuance and remarketing of long-term debt 1,660 2,338
Repayment and repurchase of long-term debt (1,308) (138)
Other (42) (49)
Net cash provided by financing activities 940 1,544
Increase (decrease) in cash, restricted cash and equivalents (5) 32
Cash, restricted cash and equivalents at beginning of period 24 26
Cash, restricted cash and equivalents at end of period $ 19 $ 58