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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 689 $ 1,103
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Losses (gains) on marketable securities, net 123 (699)
Depreciation and amortization 1,025 1,063
Allowance for equity funds (83) (49)
Equity (income) loss, net of distributions 87 68
Net power cost deferrals 63 (504)
Amortization of net power cost deferrals 81 130
Other changes in regulatory assets and liabilities (42) (26)
Deferred income taxes and investment tax credits, net (81) (11)
Other, net (8) 15
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets 67 161
Derivative collateral, net (24) (225)
Pension and other postretirement benefit plans (2) (7)
Accrued property, income and other taxes, net (353) (177)
Accounts payable and other liabilities 113 (106)
Wildfires insurance receivable 350 (41)
Wildfires liability (19) 400
Net cash flows from operating activities 1,986 1,095
Cash flows from investing activities:    
Capital expenditures (2,153) (1,848)
Purchases of marketable securities (100) (106)
Proceeds from sales of marketable securities 108 1,091
Purchases of U.S. Treasury Bills 0 (1,519)
Proceeds from maturities of U.S. Treasury Bills 0 623
Equity method investments (17) (19)
Other, net 13 0
Net cash flows from investing activities (2,149) (1,778)
Cash flows from financing activities:    
Repayments of BHE senior debt 0 (400)
Proceeds from subsidiary debt 5,084 0
Repayments of subsidiary debt (103) (136)
Net (repayments of) proceeds from short-term debt (2,618) 699
Distributions to noncontrolling interests (40) (126)
Other, net (10) (17)
Net cash flows from financing activities 2,313 20
Effect of exchange rate changes (2) 1
Net change in cash and cash equivalents and restricted cash and cash equivalents 2,148 (662)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,811 1,817
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 3,959 $ 1,155