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Consolidated Statements of Cash Flows - NPC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income attributable to parent $ 5,790 $ 6,943 $ 2,950
Adjustments to reconcile net income to net cash flows from operating activities:      
Allowance for equity funds (126) (165) (173)
Changes in regulatory assets and liabilities (668) (415) 153
Deferred income taxes and investment tax credits, net 646 1,880 290
Other, net (169) (77) 23
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets 553 (1,318) (372)
Accrued property, income and other taxes, net (489) (134) (16)
Accounts payable and other liabilities 163 501 (26)
Net cash flows from operating activities 8,692 6,224 6,206
Cash flows from investing activities:      
Capital expenditures (6,611) (6,765) (7,364)
Other, net (74) 76 51
Net cash flows from investing activities (5,763) (13,165) (8,963)
Cash flows from financing activities:      
Net (repayments of) proceeds from short-term debt (276) (939) 684
Other, net (79) (134) (37)
Net cash flows from financing activities (3,131) 7,103 3,124
Net change in cash and cash equivalents and restricted cash and cash equivalents (201) 177 385
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,445 1,268 883
Cash and cash equivalents and restricted cash and cash equivalents at end of period 1,244 1,445 1,268
NPC      
Cash flows from operating activities:      
Net income attributable to parent 303 295 264
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 406 361 357
Allowance for equity funds (7) (7) (5)
Changes in regulatory assets and liabilities (19) (42) 27
Deferred income taxes and investment tax credits, net 0 (10) (32)
Deferred energy (245) (44) 51
Amortization of deferred energy 11 (41) 43
Other, net 0 2 (5)
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets 6 45 19
Inventories 5 (7) 1
Accrued property, income and other taxes, net (18) 5 (13)
Accounts payable and other liabilities 63 (90) (6)
Net cash flows from operating activities 505 467 701
Cash flows from investing activities:      
Capital expenditures (449) (455) (409)
Proceeds from sale of assets 0 26 2
Other, net 2 0 0
Net cash flows from investing activities (447) (429) (407)
Cash flows from financing activities:      
Proceeds from long-term debt 0 718 495
Repayments of long-term debt 0 (575) (500)
Net (repayments of) proceeds from short-term debt 180 0 0
Dividends paid (213) (155) (371)
Other, net (16) (15) (14)
Net cash flows from financing activities (49) (27) (390)
Net change in cash and cash equivalents and restricted cash and cash equivalents 9 11 (96)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 36 25 121
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 45 $ 36 $ 25