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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net income (loss) including noncontrolling interests $ 1,036 $ 1,969
Net income 1,036 1,947
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 2,334 2,058
Deferred income taxes and investment tax credits 269 199
Provision for refunds to electric utility customers   350
Impairment of assets and other charges 394 194
Losses (gains) on sales of assets and equity method investments 601  
Net (gains) losses on nuclear decommissioning trust funds and other investments 658 (370)
Other adjustments (85) 273
Changes in:    
Accounts receivable (56) 207
Inventories (206) (45)
Deferred fuel and purchased gas costs, net (1,525) (531)
Prepayments (103) (121)
Accounts payable (54) (29)
Accrued interest, payroll and taxes 28 51
Margin deposit assets and liabilities (152) (539)
Net realized and unrealized changes related to derivative activities 114 432
Pension and other postretirement benefits (344) (103)
Other operating assets and liabilities (238) (460)
Net cash provided by operating activities 2,671 3,535
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (5,251) (4,142)
Acquisition of solar development projects (139) (87)
Proceeds from sale of Hope 722  
Proceeds from sales of securities 2,686 3,324
Purchases of securities (2,479) (3,288)
Repayment of Q-Pipe Transaction deposit   (1,265)
Proceeds from sale of assets and equity method investments 146  
Contributions to equity method affiliates (34) (1,006)
Short-term deposit (2,000)  
Return of short-term deposit 2,000  
Other (170) (143)
Net cash used in investing activities (4,519) (6,607)
Financing Activities    
Issuance of short-term debt, net 629 2,990
Issuance of short-term notes   1,265
Repayment of supplemental 364-day credit facility borrowings   (225)
Issuance and remarketing of long-term debt 3,588 2,500
Repayment and repurchase of long-term debt (1,213) (2,708)
Supplemental credit facility borrowings 900 900
Repayment of supplemental credit facility borrowings (450)  
Series A Preferred Stock redemption (1,610)  
Issuance of common stock 1,744 144
Common dividend payments (1,653) (1,526)
Other (155) (248)
Net cash provided by (used in) financing activities 1,780 3,092
Increase (decrease) in cash, restricted cash and equivalents (68) 20
Cash, restricted cash and equivalents at beginning of period 408 247
Cash, restricted cash and equivalents at end of period 340 267
Virginia Electric and Power Company    
Operating Activities    
Net income 975 1,344
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 1,428 1,109
Deferred income taxes and investment tax credits 183 198
Provision for refunds to customers   350
Impairment of assets and other charges (benefit) 403 (269)
Net (gains) losses on nuclear decommissioning trust funds and other investments 89 (46)
Other adjustments (46) 127
Changes in:    
Accounts receivable (351) (98)
Affiliated receivables and payables 1 (123)
Inventories (34) 36
Deferred fuel and purchased gas costs, net (1,207) (396)
Prepayments (4) (5)
Accounts payable 90 66
Accrued interest, payroll and taxes 134 121
Margin deposit assets and liabilities (331) (121)
Net realized and unrealized changes related to derivative activities 88 8
Other operating assets and liabilities (24) (61)
Net cash provided by operating activities 1,394 2,240
Investing Activities    
Plant construction and other property additions (3,322) (2,525)
Purchases of nuclear fuel (169) (73)
Acquisition of solar development projects (51) (61)
Proceeds from sales of securities 1,289 1,465
Purchases of securities (1,334) (1,470)
Other (10) (45)
Net cash used in investing activities (3,597) (2,709)
Financing Activities    
Issuance (repayment) of affiliated current borrowings, net 85 (70)
Issuance (repayment) of short-term debt, net 264 851
Issuance and remarketing of long-term debt 2,338  
Repayment and repurchase of long-term debt (438)  
Common dividend payments   (300)
Other (52) (8)
Net cash provided by (used in) financing activities 2,197 473
Increase (decrease) in cash, restricted cash and equivalents (6) 4
Cash, restricted cash and equivalents at beginning of period 26 35
Cash, restricted cash and equivalents at end of period $ 20 $ 39