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Consolidated Statements of Cash Flows (Unaudited) - PAC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 2,285 $ 1,786
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (56) (72)
Changes in regulatory assets and liabilities (199) (7)
Deferred income taxes and amortization of investment tax credits 613 288
Other, net (26) 18
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (254) (783)
Derivative collateral, net 92 16
Accrued property, income and other taxes, net 76 (605)
Accounts payable and other liabilities 187 240
Net cash flows from operating activities 4,232 1,854
Cash flows from investing activities:    
Capital expenditures (2,848) (2,793)
Other, net (53) 58
Net cash flows from investing activities (2,975) (3,838)
Cash flows from financing activities:    
Net proceeds from (repayments of) short-term debt 245 (920)
Other, net (28) (39)
Net cash flows from financing activities (1,204) 2,798
Net change in cash and cash equivalents and restricted cash and cash equivalents 55 802
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 1,500 2,070
PAC    
Cash flows from operating activities:    
Net income (loss) 394 342
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 539 462
Allowance for equity funds (25) (44)
Changes in regulatory assets and liabilities (98) (12)
Deferred income taxes and amortization of investment tax credits 22 (24)
Other, net (1) 1
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (10) 46
Inventories 8 (80)
Derivative collateral, net 35 7
Prepaid expenses 12 (1)
Accrued property, income and other taxes, net 79 38
Accounts payable and other liabilities 91 35
Net cash flows from operating activities 1,046 770
Cash flows from investing activities:    
Capital expenditures (819) (973)
Other, net 0 29
Net cash flows from investing activities (819) (944)
Cash flows from financing activities:    
Proceeds from long-term debt 0 987
Repayments of long-term debt (400) 0
Net proceeds from (repayments of) short-term debt 208 (130)
Other, net (4) 0
Net cash flows from financing activities (196) 857
Net change in cash and cash equivalents and restricted cash and cash equivalents 31 683
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 $ 50 $ 719