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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net income (loss) including noncontrolling interests $ 258 $ 1,303
Net income 258 1,293
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 1,535 1,358
Deferred income taxes and investment tax credits 145 211
Impairment of assets and other charges 392 416
Losses (gains) on sales of assets and equity method investments 601  
Net (gains) losses on nuclear decommissioning trust funds and other investments 556 (364)
Other adjustments (56) 254
Changes in:    
Accounts receivable (115) 337
Inventories (12) 10
Deferred fuel and purchased gas costs, net (858) (300)
Prepayments (81) (143)
Accounts payable 69 (42)
Accrued interest, payroll and taxes (155) (135)
Customer deposits   (15)
Margin deposit assets and liabilities (291) (176)
Net realized and unrealized changes related to derivative activities (87) 119
Pension and other postretirement benefits (231) (150)
Other operating assets and liabilities (309) (443)
Net cash provided by operating activities 1,361 2,240
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (3,219) (2,664)
Acquisition of solar development projects (121) (36)
Proceeds from sales of securities 2,081 2,710
Purchases of securities (1,851) (2,683)
Proceeds from sale of assets and equity method investments 146  
Contributions to equity method affiliates (31) (983)
Short-term deposit (2,000)  
Other (153) (112)
Net cash used in investing activities (5,148) (3,768)
Financing Activities    
Issuance of short-term debt, net 765 2,133
Repayment of supplemental 364-day credit facility borrowings   (225)
Issuance and remarketing of long-term debt 2,338 1,250
Repayment and repurchase of long-term debt (221) (722)
Supplemental credit facility borrowings 900 250
Repayment of supplemental credit facility borrowings (450)  
Issuance of common stock 1,701 97
Common dividend payments (1,096) (1,016)
Other (151) (182)
Net cash provided by (used in) financing activities 3,786 1,585
Increase (decrease) in cash, restricted cash and equivalents (1) 57
Cash, restricted cash and equivalents at beginning of period 408 247
Cash, restricted cash and equivalents at end of period 407 304
Virginia Electric and Power Company    
Operating Activities    
Net income 404 788
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 937 723
Deferred income taxes and investment tax credits 147 218
Net (gains) losses on nuclear decommissioning trust funds and other investments 75 (43)
Other adjustments (50) 124
Changes in:    
Accounts receivable (302) 88
Affiliated receivables and payables (27) (208)
Inventories 22 25
Deferred fuel and purchased gas costs, net (780) (277)
Prepayments 4 (4)
Accounts payable 116 15
Accrued interest, payroll and taxes 42 43
Margin deposit assets and liabilities (311) (18)
Net realized and unrealized changes related to derivative activities 84 51
Other operating assets and liabilities (72) (202)
Impairment of assets and other charges (benefit) 400 (39)
Net cash provided by operating activities 689 1,284
Investing Activities    
Plant construction and other property additions (1,996) (1,575)
Purchases of nuclear fuel (118) (73)
Acquisition of solar development projects (38) (19)
Proceeds from sales of securities 864 1,249
Purchases of securities (892) (1,262)
Other (21) (22)
Net cash used in investing activities (2,201) (1,702)
Financing Activities    
Issuance (repayment) of affiliated current borrowings, net (587) (32)
Issuance (repayment) of short-term debt, net (20) 769
Issuance and remarketing of long-term debt 2,338  
Repayment and repurchase of long-term debt (138)  
Common dividend payments   (300)
Other (49) (5)
Net cash provided by (used in) financing activities 1,544 432
Increase (decrease) in cash, restricted cash and equivalents 32 14
Cash, restricted cash and equivalents at beginning of period 26 35
Cash, restricted cash and equivalents at end of period $ 58 $ 49