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Condensed Statements of Cash Flows (Unaudited) - MPC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating Activities:    
Consolidated net income $ 1,622 $ 2,079
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 2,436 1,995
Deferred income taxes (34) 240
Pension, postretirement, and other employee benefits (245) (211)
Settlement of asset retirement obligations (276) (198)
Other, net (50) 34
Changes in certain current assets and liabilities —    
Receivables 735 (637)
Other current assets 103 (101)
Accounts payable (997) 703
Accrued compensation (378) (260)
Other current liabilities 101 (120)
Net cash provided from operating activities 2,900 3,579
Investing Activities:    
Property additions (3,898) (3,213)
Construction payables (140) (3)
Other investing activities (100) 18
Net cash used for investing activities (4,288) (3,460)
Financing Activities:    
Increase in notes payable, net   263
Payment of common stock dividends (1,506) (1,425)
Net cash provided from (used for) financing activities 1,595 (213)
Net Change in Cash, Cash Equivalents, and Restricted Cash 207 (94)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 2,037 1,829
Cash, Cash Equivalents, and Restricted Cash at End of Period 2,244 1,735
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 1,043 836
Income taxes, net (40) 157
Noncash transactions —    
Accrued property additions at end of period 810 837
Right-of-use assets obtained under operating leases 44 13
Mississippi Power    
Operating Activities:    
Consolidated net income 98 87
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 113 110
Deferred income taxes (8) (2)
Pension, postretirement, and other employee benefits (10) (8)
Settlement of asset retirement obligations (7) (9)
Other, net 4 32
Changes in certain current assets and liabilities —    
Receivables 73 (92)
Retail fuel cost under recovery (23) (25)
Other current assets (11) (23)
Accounts payable (79) 79
Accrued taxes (61) (36)
Accrued compensation (14) (9)
Other current liabilities 7 8
Net cash provided from operating activities 82 112
Investing Activities:    
Property additions (164) (87)
Construction payables (3) (16)
Payments pursuant to LTSAs (15) (15)
Other investing activities (11) (15)
Net cash used for investing activities (193) (133)
Financing Activities:    
Increase in notes payable, net 53 16
Proceeds — Senior notes 100 0
Capital contributions from parent company 11 51
Payment of common stock dividends (93) (85)
Net cash provided from (used for) financing activities 71 (18)
Net Change in Cash, Cash Equivalents, and Restricted Cash (40) (39)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 59 61
Cash, Cash Equivalents, and Restricted Cash at End of Period 19 22
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 34 26
Income taxes, net 31 5
Noncash transactions —    
Accrued property additions at end of period 22 9
Right-of-use assets obtained under operating leases $ 1 $ 0