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Statements of Cash Flows - MEC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income attributable to parent $ 2,721 $ 5,790 $ 6,943
Adjustments to reconcile net income to net cash flows from operating activities:      
Allowance for equity funds (167) (126) (165)
Deferred income taxes and investment tax credits, net (467) 646 1,880
Other, net 59 (57) (23)
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets 20 553 (1,318)
Pension and other postretirement benefit plans (27) (39) (65)
Accrued property, income and other taxes, net 397 (489) (134)
Accounts payable and other liabilities 751 163 501
Net cash flows from operating activities 9,359 8,692 6,224
Cash flows from investing activities:      
Capital expenditures (7,505) (6,611) (6,765)
Purchases of marketable securities (574) (297) (370)
Proceeds from sales of marketable securities 2,464 273 325
Other, net 12 (74) 76
Net cash flows from investing activities (7,750) (5,763) (13,165)
Cash flows from financing activities:      
Other, net (274) (70) (162)
Net cash flows from financing activities (1,006) (3,131) 7,103
Net change in cash and cash equivalents and restricted cash and cash equivalents 573 (201) 177
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,244 1,445 1,268
Cash and cash equivalents and restricted cash and cash equivalents at end of period 1,817 1,244 1,445
MEC      
Cash flows from operating activities:      
Net income attributable to parent 961 894 826
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 1,168 914 716
Amortization of utility plant to other operating expenses 35 34 34
Allowance for equity funds (51) (39) (45)
Deferred income taxes and investment tax credits, net 33 153 208
Settlements of asset retirement obligations (85) (103) (124)
Other, net 51 21 (18)
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets (11) (293) 48
Inventories (43) 44 (52)
Pension and other postretirement benefit plans 8 (4) (19)
Accrued property, income and other taxes, net 40 (71) (64)
Accounts payable and other liabilities 68 67 33
Net cash flows from operating activities 2,174 1,617 1,543
Cash flows from investing activities:      
Capital expenditures (1,869) (1,912) (1,836)
Purchases of marketable securities (499) (213) (281)
Proceeds from sales of marketable securities 492 207 269
Proceeds from sales of other investments 0 0 2
Other investment proceeds 2 1 9
Other, net 7 6 11
Net cash flows from investing activities (1,867) (1,911) (1,826)
Cash flows from financing activities:      
Common stock dividends (275) 0 0
Proceeds from long-term debt 0 492 0
Repayments of long-term debt (2) (1) 0
Other, net (1) (3) (2)
Net cash flows from financing activities (278) 488 (2)
Net change in cash and cash equivalents and restricted cash and cash equivalents 29 194 (285)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 239 45 330
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 268 $ 239 $ 45