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Statements of Cash Flows - MPC - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:      
Consolidated net income $ 3,428,000 $ 2,309,000 $ 3,103,000
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 4,064,000 3,973,000 3,905,000
Settlement of asset retirement obligations (455,000) (456,000) (442,000)
Other, net 17,000 87,000 (75,000)
Changes in certain current assets and liabilities —      
-Receivables (769,000) (81,000) (222,000)
-Other current assets (288,000) (270,000) (132,000)
-Accounts payable 1,021,000 (8,000) (27,000)
-Other current liabilities 153,000 (204,000) 173,000
Net cash provided from operating activities 6,302,000 6,169,000 6,696,000
Investing Activities:      
Property additions (7,923,000) (7,586,000) (7,522,000)
Payments pursuant to LTSAs (190,000) (188,000) (211,000)
Other investing activities 70,000 (49,000) 21,000
Net cash used for investing activities (8,430,000) (7,353,000) (7,030,000)
Financing Activities:      
Increase (decrease) in notes payable, net   530,000  
Increase (decrease) in notes payable, net (337,000)   (1,096,000)
Proceeds —      
Short-term borrowings 2,650,000 325,000 615,000
Redemptions and repurchases —      
Short-term borrowings (1,150,000) (25,000) (840,000)
Payment of common stock dividends (2,907,000) (2,777,000) (2,685,000)
Other financing activities (218,000) (266,000) (325,000)
Net cash provided from (used for) financing activities 2,336,000 1,945,000 (576,000)
Net Change in Cash, Cash Equivalents, and Restricted Cash 208,000 761,000 (910,000)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 1,829,000 1,068,000 1,978,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 2,037,000 1,829,000 1,068,000
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 1,758,000 1,718,000 1,683,000
Income taxes, net 146,000 93,000 64,000
Noncash transactions —      
Accrued property additions at year-end 1,024,000 866,000 989,000
Mississippi Power      
Operating Activities:      
Consolidated net income 164,000 159,000 152,000
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 223,000 213,000 191,000
Settlement of asset retirement obligations (20,000) (24,000) (22,000)
System restoration rider and reliability reserve accruals 32,000 (2,000) 1,000
Other, net (2,000) (35,000) (6,000)
Changes in certain current assets and liabilities —      
-Receivables (82,000) 9,000 (7,000)
-Other current assets (25,000) (6,000) (31,000)
-Accounts payable 97,000 (35,000) 20,000
-Over recovered regulatory clause revenues 0 (34,000) 5,000
-Other current liabilities (4,000) 1,000 (5,000)
Net cash provided from operating activities 383,000 246,000 298,000
Investing Activities:      
Property additions (276,000) (213,000) (274,000)
Payments pursuant to LTSAs (29,000) (29,000) (28,000)
Contributions in aid of construction 19,000 15,000 0
Other investing activities (31,000) (30,000) (21,000)
Net cash used for investing activities (317,000) (257,000) (323,000)
Financing Activities:      
Increase (decrease) in notes payable, net     25,000
Increase (decrease) in notes payable, net 0 (25,000)  
Proceeds —      
Senior notes 0 525,000 0
Short-term borrowings 0 0 40,000
Revenue bonds 35,000 0 34,000
Other long-term debt 0 0 100,000
Redemptions and repurchases —      
Senior notes 0 0 (275,000)
Short-term borrowings 0 0 (40,000)
Revenue bonds 0 (320,000) (41,000)
Other long-term debt 0 (100,000) 0
Capital contributions from parent company 68,000 120,000 85,000
Return of capital to parent company 0 0 (74,000)
Payment of common stock dividends (170,000) (157,000) (74,000)
Other financing activities (1,000) (10,000) (2,000)
Net cash provided from (used for) financing activities (68,000) 33,000 (222,000)
Net Change in Cash, Cash Equivalents, and Restricted Cash (2,000) 22,000 (247,000)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 61,000 39,000 286,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 59,000 61,000 39,000
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 55,000 58,000 63,000
Income taxes, net 33,000 16,000 28,000
Noncash transactions —      
Accrued property additions at year-end $ 22,000 $ 25,000 $ 34,000