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Consolidated Statements of Cash Flows (Unaudited) - MidAmerican Funding LLC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ 653 $ 989
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Allowance for equity funds (83) (49)
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
Pension and other postretirement benefit plans (2) (7)
Accrued property, income and other taxes, net (353) (177)
Accounts payable and other liabilities 113 (106)
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
Other, net 13 0
Net cash flows from investing activities (2,149) (1,778)
Cash flows from financing activities:    
Proceeds from long-term debt 5,084 0
Repayments of long-term debt (103) (136)
Net proceeds from short-term debt (2,618) 699
Other, net (10) (17)
Net cash flows from financing activities 2,313 20
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
MidAmerican Funding, LLC    
Cash flows from operating activities:    
Net income (loss) 235 249
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 227 234
Amortization of utility plant to other operating expenses 9 8
Allowance for equity funds (16) (11)
Deferred income taxes and investment tax credits, net 65 32
Settlements of asset retirement obligations 0 (6)
Other, net (9) (5)
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (36) 123
Inventories 6 (3)
Pension and other postretirement benefit plans 0 (3)
Accrued property, income and other taxes, net (137) (261)
Accounts payable and other liabilities (84) (85)
Net cash flows from operating activities 260 272
Cash flows from investing activities:    
Capital expenditures (428) (382)
Purchases of marketable securities (81) (48)
Proceeds from sales of marketable securities 76 42
Proceeds from sale of investment 0 12
Other, net 8 5
Net cash flows from investing activities (425) (371)
Cash flows from financing activities:    
Distributions to member (425) (100)
Proceeds from long-term debt 592 0
Repayments of long-term debt (1) (7)
Net change in note payable to affiliate 8 0
Net proceeds from short-term debt 15 0
Other, net (1) (1)
Net cash flows from financing activities 188 (108)
Net change in cash and cash equivalents and restricted cash and cash equivalents 23 (207)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 643 271
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 666 $ 64