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Consolidated Statements of Cash Flows - MidAmerican Funding LLC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ 3,020 $ 2,721 $ 5,790
Adjustments to reconcile net income to net cash flows from operating activities:      
Allowance for equity funds (267) (167) (126)
Deferred income taxes and investment tax credits, net (257) (467) 646
Other, net (46) 59 (57)
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets (134) 150 553
Pension and other postretirement benefit plans (10) (27) (39)
Accrued property, income and other taxes, net (58) 397 (489)
Accounts payable and other liabilities 280 579 163
Net cash flows from operating activities 7,132 9,359 8,692
Cash flows from investing activities:      
Capital expenditures (9,148) (7,505) (6,611)
Purchases of marketable securities (314) (574) (297)
Proceeds from sales of marketable securities 2,520 2,464 273
Other, net 17 (28) (94)
Net cash flows from investing activities (5,899) (7,750) (5,763)
Cash flows from financing activities:      
Proceeds from subsidiary debt 4,084 2,887 2,409
Repayments of subsidiary debt (2,821) (1,494) (2,024)
Other, net (54) (274) (70)
Net cash flows from financing activities (1,250) (1,006) (3,131)
Net change in cash and cash equivalents and restricted cash and cash equivalents (6) 573 (201)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,817 1,244 1,445
Cash and cash equivalents and restricted cash and cash equivalents at end of period 1,811 1,817 1,244
MidAmerican Funding, LLC      
Cash flows from operating activities:      
Net income (loss) 980 947 883
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 908 1,168 914
Amortization of utility plant to other operating expenses 34 35 34
Allowance for equity funds (59) (51) (39)
Deferred income taxes and investment tax credits, net 90 33 153
Settlements of asset retirement obligations (21) (85) (103)
Other, net 33 52 21
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets 254 (11) (293)
Inventories (87) (43) 44
Pension and other postretirement benefit plans 3 8 (4)
Accrued property, income and other taxes, net 77 40 (71)
Accounts payable and other liabilities (9) 68 66
Net cash flows from operating activities 2,203 2,161 1,605
Cash flows from investing activities:      
Capital expenditures (1,833) (1,869) (1,912)
Purchases of marketable securities (243) (499) (213)
Proceeds from sales of marketable securities 227 492 207
Proceeds from sales of other investments 12 0 0
Other, net 12 8 6
Net cash flows from investing activities (1,825) (1,868) (1,912)
Cash flows from financing activities:      
Distributions (1,025) (69) 0
Proceeds from subsidiary debt 1,338 0 492
Repayments of subsidiary debt (317) (2) (1)
Notes payable to affiliate, net 0 (189) 12
Other, net (2) (2) (2)
Net cash flows from financing activities (6) (262) 501
Net change in cash and cash equivalents and restricted cash and cash equivalents 372 31 194
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 271 240 46
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 643 $ 271 $ 240