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Statements of Cash Flows (Unaudited) - MEC - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 1,926 $ 4,207
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (123) (90)
Deferred income taxes and investment tax credits, net (350) 661
Other, net 53 (88)
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (246) (13)
Pension and other postretirement benefit plans (31) (37)
Accrued property, income and other taxes, net 501 (29)
Accounts payable and other liabilities 1,125 427
Net cash flows from operating activities 7,939 6,984
Cash flows from investing activities:    
Capital expenditures (5,385) (4,594)
Purchases of marketable securities (375) (243)
Proceeds from sales of marketable securities 961 222
Other, net 16 (71)
Net cash flows from investing activities (5,469) (3,528)
Cash flows from financing activities:    
Other, net (273) (44)
Net cash flows from financing activities (1,605) (1,960)
Net change in cash and cash equivalents and restricted cash and cash equivalents 814 1,497
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 2,058 2,942
MEC    
Cash flows from operating activities:    
Net income (loss) 756 737
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 865 634
Amortization of utility plant to other operating expenses 26 26
Allowance for equity funds (41) (25)
Deferred income taxes and investment tax credits, net 11 121
Settlements of asset retirement obligations (55) (51)
Other, net 40 42
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (10) (331)
Inventories (38) 34
Pension and other postretirement benefit plans 4 2
Accrued property, income and other taxes, net 197 80
Accounts payable and other liabilities 46 21
Net cash flows from operating activities 1,801 1,290
Cash flows from investing activities:    
Capital expenditures (1,404) (1,266)
Purchases of marketable securities (306) (166)
Proceeds from sales of marketable securities 299 163
Other, net 12 (7)
Net cash flows from investing activities (1,399) (1,276)
Cash flows from financing activities:    
Dividends paid (50) 0
Proceeds from long-term debt 0 492
Repayments of long-term debt (2) (1)
Other, net 0 (2)
Net cash flows from financing activities (52) 489
Net change in cash and cash equivalents and restricted cash and cash equivalents 350 503
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 239 45
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 589 $ 548