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Consolidated Statements of Cash Flows (Unaudited) - NPC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 2,768 $ 2,285
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (80) (56)
Changes in regulatory assets and liabilities (226) (199)
Deferred income taxes and investment tax credits, net 385 613
Other, net 37 (26)
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (317) (254)
Accrued property, income and other taxes, net 489 76
Accounts payable and other liabilities 682 187
Net cash flows from operating activities 5,147 4,232
Cash flows from investing activities:    
Capital expenditures (3,382) (2,848)
Net cash flows from investing activities (3,452) (2,975)
Cash flows from financing activities:    
Net (repayments of) proceeds from short-term debt (54) 245
Other, net (248) (19)
Net cash flows from financing activities (605) (1,204)
Net change in cash and cash equivalents and restricted cash and cash equivalents 1,057 55
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,244 1,445
Cash and cash equivalents and restricted cash and cash equivalents at end of period 2,301 1,500
NPC    
Cash flows from operating activities:    
Net income (loss) 74 84
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 206 201
Allowance for equity funds (5) (3)
Changes in regulatory assets and liabilities (14) (17)
Deferred income taxes and investment tax credits, net 12 (20)
Deferred energy (159) (1)
Amortization of deferred energy 46 7
Other, net 10 0
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (154) (83)
Inventories (4) 5
Accrued property, income and other taxes, net 18 21
Accounts payable and other liabilities 194 116
Net cash flows from operating activities 224 310
Cash flows from investing activities:    
Capital expenditures (350) (237)
Net cash flows from investing activities (350) (237)
Cash flows from financing activities:    
Proceeds from long-term debt 300 0
Net (repayments of) proceeds from short-term debt (180) 0
Contributions from parent 25 0
Dividends paid 0 (13)
Other, net (9) (8)
Net cash flows from financing activities 136 (21)
Net change in cash and cash equivalents and restricted cash and cash equivalents 10 52
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 45 36
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 55 $ 88