XML 69 R28.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 110 $ 673
Adjustments to reconcile net income to net cash flows from operating activities:    
Gains (losses) on marketable securities, net 1,118 (27)
Depreciation and amortization 927 821
Allowance for equity funds (26) (34)
Equity income, net of distributions 221 29
Changes in regulatory assets and liabilities (9) 0
Deferred income taxes and amortization of investment tax credits (135) 47
Other, net 9 63
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (249) (118)
Derivative collateral, net 14 (19)
Pension and other postretirement benefit plans (21) (23)
Accrued property, income and other taxes, net (453) (364)
Accounts payable and other liabilities 19 117
Net cash flows from operating activities 1,525 1,165
Cash flows from investing activities:    
Capital expenditures (1,295) (1,356)
Purchases of marketable securities (128) (188)
Proceeds from sales of marketable securities 104 180
Equity method investments (26) (153)
Other, net (29) 43
Net cash flows from investing activities (1,374) (1,474)
Cash flows from financing activities:    
Proceeds from BHE senior debt 0 3,231
Repayments of Unsecured Debt (450) (350)
Common stock purchases 0 (126)
Proceeds from subsidiary debt 0 1,093
Repayments of subsidiary debt (26) (1,347)
Net proceeds from (repayments of) short-term debt 409 (1,109)
Distributions to noncontrolling interests (115) (2)
Other, net (9) (32)
Net cash flows from financing activities (191) 1,358
Effect of exchange rate changes 1 (13)
Net change in cash and cash equivalents and restricted cash and cash equivalents (39) 1,036
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,445 1,268
Cash and cash equivalents and restricted cash and cash equivalents at end of period 1,406 2,304
PacifiCorp [Member]    
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (13) (21)
Changes in regulatory assets and liabilities (4) (16)
Deferred income taxes and amortization of investment tax credits 13 (30)
Other, net (2) 6
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets 61 85
Derivative collateral, net 7 (1)
Accrued property, income and other taxes, net 12 18
Accounts payable and other liabilities (51) (3)
Net cash flows from operating activities 469 437
Cash flows from investing activities:    
Capital expenditures (439) (366)
Other, net (1) 27
Net cash flows from investing activities (440) (339)
Cash flows from financing activities:    
Net proceeds from (repayments of) short-term debt 2 (74)
Other, net (1) 0
Net cash flows from financing activities 1 (74)
Net change in cash and cash equivalents and restricted cash and cash equivalents 30 24
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 19 36
Cash and cash equivalents and restricted cash and cash equivalents at end of period 49 60
MidAmerican Funding, LLC and Subsidiaries [Member]    
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (6) (8)
Deferred income taxes and amortization of investment tax credits 153 93
Other, net (3) 15
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (298) 16
Derivative collateral, net (14) 1
Pension and other postretirement benefit plans 1 (6)
Accrued property, income and other taxes, net (332) (290)
Accounts payable and other liabilities 6 66
Net cash flows from operating activities (92) 214
Cash flows from investing activities:    
Capital expenditures (298) (472)
Purchases of marketable securities (52) (127)
Proceeds from sales of marketable securities 47 124
Other, net 0 6
Net cash flows from investing activities (303) (469)
Cash flows from financing activities:    
Net proceeds from (repayments of) short-term debt 387 50
Other, net 0 (1)
Net cash flows from financing activities 394 52
Net change in cash and cash equivalents and restricted cash and cash equivalents (1) (203)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 46 331
Cash and cash equivalents and restricted cash and cash equivalents at end of period 45 128
Nevada Power Company [Member]    
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (1) (2)
Changes in regulatory assets and liabilities (15) 3
Deferred income taxes and amortization of investment tax credits (10) (4)
Other, net (1) 8
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets 41 32
Accrued property, income and other taxes, net 3 (6)
Accounts payable and other liabilities 14 (41)
Net cash flows from operating activities 179 79
Cash flows from investing activities:    
Capital expenditures (106) (111)
Net cash flows from investing activities (106) (111)
Cash flows from financing activities:    
Other, net (5) (4)
Net cash flows from financing activities (5) 140
Net change in cash and cash equivalents and restricted cash and cash equivalents 68 108
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 36 25
Cash and cash equivalents and restricted cash and cash equivalents at end of period 104 133
Sierra Pacific Power Company [Member]    
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (1) (1)
Changes in regulatory assets and liabilities (13) (10)
Deferred income taxes and amortization of investment tax credits 4 (3)
Other, net 0 1
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets 8 1
Accrued property, income and other taxes, net (3) 4
Accounts payable and other liabilities 1 (12)
Net cash flows from operating activities 42 54
Cash flows from investing activities:    
Capital expenditures (61) (52)
Net cash flows from investing activities (61) (52)
Cash flows from financing activities:    
Net proceeds from (repayments of) short-term debt 10 0
Other, net (2) (1)
Net cash flows from financing activities 8 (1)
Net change in cash and cash equivalents and restricted cash and cash equivalents (11) 1
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 26 32
Cash and cash equivalents and restricted cash and cash equivalents at end of period 15 33
Eastern Energy Gas Holdings, LLC [Member]    
Cash flows from operating activities:    
Net income 191 202
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 80 93
Allowance for equity funds (2) (5)
Equity income, net of distributions (5) (1)
Changes in regulatory assets and liabilities 6 7
Deferred income taxes and amortization of investment tax credits 30 15
Other, net 0 (1)
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (56) 357
Derivative collateral, net 2 9
Pension and other postretirement benefit plans 0 (18)
Accrued property, income and other taxes, net (25) (17)
Accounts payable and other liabilities 20 26
Net cash flows from operating activities 241 667
Cash flows from investing activities:    
Capital expenditures (55) (76)
Other, net (1) (4)
Net cash flows from investing activities (56) (342)
Cash flows from financing activities:    
Net cash flows from financing activities (118) (306)
Net change in cash and cash equivalents and restricted cash and cash equivalents 67 19
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 48 39
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 115 $ 58