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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 2,308 $ 2,997
Adjustments to reconcile net income to net cash flows from operating activities:    
Gains on marketable securities, net (1,002) (1,271)
Depreciation and amortization 2,045 2,081
Allowance for equity funds (110) (80)
Equity loss (income), net of distributions 188 202
Net power cost deferrals (446) (288)
Amortization of net power cost deferrals 279 119
Other changes in regulatory assets and liabilities (66) (57)
Deferred income taxes and investment tax credits, net (117) 385
Other, net (93) 37
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (60) (156)
Derivative collateral, net (224) 189
Pension and other postretirement benefit plans (10) (21)
Accrued property, income and other taxes, net 530 489
Accounts payable and other liabilities 52 457
Wildfires insurance receivable (133) (161)
Wildfires liability 524 225
Net cash flows from operating activities 3,665 5,147
Cash flows from investing activities:    
Capital expenditures (4,025) (3,382)
Purchases of marketable securities (155) (281)
Proceeds from sales of marketable securities 1,798 257
Purchases of U.S. Treasury Bills (3,294) 0
Proceeds from sales of U.S. Treasury Bills 231 0
Proceeds from maturities of U.S. Treasury Bills 1,775 0
Equity method investments (20) (28)
Other, net 16 (18)
Net cash flows from investing activities (3,674) (3,452)
Cash flows from financing activities:    
Preferred stock redemptions 0 (800)
Preferred dividends (17) (33)
Common stock purchases 0 (870)
Proceeds from BHE senior debt 0 987
Repayments of BHE senior debt (400) 0
Proceeds from subsidiary debt 1,188 1,201
Repayments of subsidiary debt (959) (542)
Net proceeds from (repayments of) short-term debt 1,118 (54)
Distributions to noncontrolling interests (269) (246)
Other, net (36) (248)
Net cash flows from financing activities 625 (605)
Effect of exchange rate changes 7 (33)
Net change in cash and cash equivalents and restricted cash and cash equivalents 623 1,057
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,817 1,244
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 2,440 $ 2,301