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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,383 $ 3,252
Less: Income from discontinued operations, net of income tax 0 (1,857)
Income from continuing operations, net of income tax 1,383 1,395
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 905 824
Deferred income taxes and investment tax credits 193 (94)
Equity earnings (631) (496)
Foreign currency transaction (gains) losses, net (7) 110
Share-based compensation expense 34 36
Fixed-price contracts and other derivatives 199 7
Other 54 42
Net change in working capital components (63) 375
Distributions from investments 532 220
Insurance receivable for Aliso Canyon costs 31 (166)
Changes in other noncurrent assets and liabilities, net (375) (185)
Net cash provided by continuing operations 2,255 2,068
Net cash used in discontinued operations 0 (1,041)
Net cash provided by operating activities 2,255 1,027
CASH FLOWS FROM INVESTING ACTIVITIES    
Expenditures for property, plant and equipment (2,424) (2,198)
Expenditures for investments and acquisitions (165) (140)
Proceeds from sale of assets 0 5
Purchases of nuclear decommissioning trust assets (542) (797)
Proceeds from sales of nuclear decommissioning trust assets 542 797
Advances to unconsolidated affiliates (8) (25)
Other 9 17
Net cash used in continuing operations (2,588) (2,341)
Net cash provided by discontinued operations 0 5,195
Net cash (used in) provided by investing activities (2,588) 2,854
CASH FLOWS FROM FINANCING ACTIVITIES    
Common dividends paid (634) (567)
Preferred dividends paid (68) (71)
Issuances of preferred stock 0 891
Issuances of common stock 5 13
Repurchases of common stock (38) (64)
Issuances of debt (maturities greater than 90 days) 285 4,059
Payments on debt (maturities greater than 90 days) and finance leases (1,432) (1,970)
Increase (decrease) in short-term debt, net 1,584 (1,871)
Advances from unconsolidated affiliates 20 64
Proceeds from sale of noncontrolling interests 7 0
Purchases of noncontrolling interests (10) (27)
Other (1) (16)
Net cash (used in) provided by continuing operations (282) 441
Net cash provided by discontinued operations 0 401
Net cash (used in) provided by financing activities (282) 842
Effect of exchange rate changes in continuing operations 1 (7)
Effect of exchange rate changes in discontinued operations 0 (3)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1 (10)
(Decrease) increase in cash, cash equivalents and restricted cash, including discontinued operations (614) 4,713
Cash, cash equivalents and restricted cash, including discontinued operations, January 1 985 217
Cash, cash equivalents and restricted cash, including discontinued operations, June 30 371 4,930
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest payments, net of amounts capitalized 488 540
Income tax payments, including discontinued operations, net of refunds 73 1,303
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Increase in Cameron LNG JV investment for guarantee 22 0
Accrued capital expenditures 526 434
Increase in finance lease obligations for investment in PP&E 24 56
Issuance of common stock in exchange for NCI and related AOCI 1,373 0
Distribution from Oncor Holdings 8 0
Equitization of long-term debt for deficit held by NCI 0 22
Conversion of mandatory convertible preferred stock 1,693 0
Common dividends issued in stock 0 22
Preferred stock [Member]    
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Dividends declared but not paid 20 37
Common Stock [Member]    
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Dividends declared but not paid 347 305
San Diego Gas and Electric Company [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 398 455
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 433 398
Deferred income taxes and investment tax credits 41 29
Other (13) (13)
Net change in working capital components (136) (36)
Changes in other noncurrent assets and liabilities, net (113) (95)
Net cash provided by operating activities 610 738
CASH FLOWS FROM INVESTING ACTIVITIES    
Expenditures for property, plant and equipment (1,072) (850)
Purchases of nuclear decommissioning trust assets (542) (797)
Proceeds from sales of nuclear decommissioning trust assets 542 797
Other 7 8
Net cash (used in) provided by investing activities (1,065) (842)
CASH FLOWS FROM FINANCING ACTIVITIES    
Common dividends paid 0 (200)
Issuances of debt (maturities greater than 90 days) 0 799
Payments on debt (maturities greater than 90 days) and finance leases (231) (229)
Increase (decrease) in short-term debt, net 437 (80)
Debt issuance costs 0 (4)
Net cash (used in) provided by financing activities 206 286
(Decrease) increase in cash, cash equivalents and restricted cash, including discontinued operations (249) 182
Cash, cash equivalents and restricted cash, including discontinued operations, January 1 262 10
Cash, cash equivalents and restricted cash, including discontinued operations, June 30 13 192
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest payments, net of amounts capitalized 201 198
Income tax payments, including discontinued operations, net of refunds 58 0
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures 192 136
Increase in ARO for investment in PP&E 18 0
Increase in finance lease obligations for investment in PP&E 13 20
Southern California Gas Company [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 502 450
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 353 321
Deferred income taxes and investment tax credits 18 (17)
Other 42 14
Net change in working capital components 297 713
Insurance receivable for Aliso Canyon costs 31 (166)
Changes in other noncurrent assets and liabilities, net (280) (117)
Net cash provided by operating activities 963 1,198
CASH FLOWS FROM INVESTING ACTIVITIES    
Expenditures for property, plant and equipment (936) (885)
Net cash (used in) provided by investing activities (936) (885)
CASH FLOWS FROM FINANCING ACTIVITIES    
Common dividends paid (50) 0
Preferred dividends paid (1) (1)
Issuances of debt (maturities greater than 90 days) 0 649
Payments on finance leases (6) (5)
Increase (decrease) in short-term debt, net 30 (630)
Debt issuance costs 0 (6)
Net cash (used in) provided by financing activities (27) 7
(Decrease) increase in cash, cash equivalents and restricted cash, including discontinued operations 0 320
Cash, cash equivalents and restricted cash, including discontinued operations, January 1 4 10
Cash, cash equivalents and restricted cash, including discontinued operations, June 30 4 330
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest payments, net of amounts capitalized 76 70
Income tax payments, including discontinued operations, net of refunds 82 0
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures 156 158
Increase in finance lease obligations for investment in PP&E 11 36
Dividends declared but not paid $ 25 $ 50