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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 365 $ 136
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 676 624
Allowance for equity during construction (36) (30)
Deferred income taxes 12 (55)
Wildfire Insurance Fund amortization expense 52 53
Other 8 11
Nuclear decommissioning trusts (19) (34)
Changes in operating assets and liabilities:    
Receivables 227 130
Inventory (29) (14)
Accounts payable (508) (84)
Tax receivables and payables (9) 54
Other current assets and liabilities (329) (30)
Derivative assets and liabilities, net (99) 35
Regulatory assets and liabilities, net (296) 259
Wildfire-related insurance receivable   (96)
Wildfire-related claims (133) (196)
Other noncurrent assets and liabilities 28 29
Net cash (used in) provided by operating activities (90) 792
Cash flows from financing activities:    
Long-term debt issued, net of discount and issuance costs 1,681 1,713
Long-term debt repaid (401) (365)
Short-term debt repaid (600) (518)
Common stock issued 10 4
Commercial paper borrowing (repayments), net 960 (306)
Dividends and distribution to noncontrolling interests (29) (32)
Common stock dividends paid (277) (262)
Preferred and preference stock dividends paid (52) (46)
Other 24 17
Net cash provided by financing activities 1,316 205
Cash flows from investing activities:    
Capital expenditures (1,324) (1,207)
Proceeds from sale of nuclear decommissioning trust investments 951 867
Purchases of nuclear decommissioning trust investments (932) (833)
Other   16
Net cash used in investing activities (1,305) (1,157)
Net decrease in cash, cash equivalents and restricted cash (79) (160)
Cash, cash equivalents and restricted cash at beginning of period 917 394
Cash, cash equivalents and restricted cash at end of period 838 234
SCE    
Cash flows from operating activities:    
Net income 399 173
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 673 622
Allowance for equity during construction (36) (30)
Deferred income taxes 28 (40)
Wildfire Insurance Fund amortization expense 52 53
Other 2 6
Nuclear decommissioning trusts (19) (34)
Changes in operating assets and liabilities:    
Receivables 235 130
Inventory (29) (14)
Accounts payable (505) (79)
Tax receivables and payables (9) 36
Other current assets and liabilities (318) (30)
Derivative assets and liabilities, net (99) 35
Regulatory assets and liabilities, net (296) 259
Wildfire-related insurance receivable   (96)
Wildfire-related claims (133) (196)
Other noncurrent assets and liabilities 35 32
Net cash (used in) provided by operating activities (20) 827
Cash flows from financing activities:    
Long-term debt issued, net of discount and issuance costs 1,186 1,713
Long-term debt repaid (1) (365)
Short-term debt repaid   (518)
Commercial paper borrowing (repayments), net 431 (306)
Common stock dividends paid (350) (325)
Preferred and preference stock dividends paid (29) (32)
Other 12 4
Net cash provided by financing activities 1,249 171
Cash flows from investing activities:    
Capital expenditures (1,324) (1,207)
Proceeds from sale of nuclear decommissioning trust investments 951 867
Purchases of nuclear decommissioning trust investments (932) (833)
Other   14
Net cash used in investing activities (1,305) (1,159)
Net decrease in cash, cash equivalents and restricted cash (76) (161)
Cash, cash equivalents and restricted cash at beginning of period 766 280
Cash, cash equivalents and restricted cash at end of period $ 690 $ 119