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Statements of Cash Flows - MEC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income attributable to parent $ 5,790 $ 6,943 $ 2,950
Adjustments to reconcile net income to net cash flows from operating activities:      
Allowance for equity funds (126) (165) (173)
Deferred income taxes and investment tax credits, net 646 1,880 290
Other, net (169) (77) 23
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets 553 (1,318) (372)
Pension and other postretirement benefit plans (39) (65) (51)
Accrued property, income and other taxes, net (489) (134) (16)
Accounts payable and other liabilities 163 501 (26)
Net cash flows from operating activities 8,692 6,224 6,206
Cash flows from investing activities:      
Capital expenditures (6,611) (6,765) (7,364)
Purchases of marketable securities (297) (370) (262)
Proceeds from sales of marketable securities 273 325 238
Other, net (74) 76 51
Net cash flows from investing activities (5,763) (13,165) (8,963)
Cash flows from financing activities:      
Net (repayments of) proceeds from short-term debt (276) (939) 684
Other, net (79) (134) (37)
Net cash flows from financing activities (3,131) 7,103 3,124
Net change in cash and cash equivalents and restricted cash and cash equivalents (201) 177 385
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,445 1,268 883
Cash and cash equivalents and restricted cash and cash equivalents at end of period 1,244 1,445 1,268
MEC      
Cash flows from operating activities:      
Net income attributable to parent 894 826 793
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 914 716 639
Amortization of utility plant to other operating expenses 34 34 33
Allowance for equity funds (39) (45) (78)
Deferred income taxes and investment tax credits, net 153 208 154
Settlements of asset retirement obligations (103) (124) (14)
Other, net 21 (18) 4
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets (293) 48 60
Inventories 44 (52) (22)
Pension and other postretirement benefit plans (4) (19) (10)
Accrued property, income and other taxes, net (71) (64) (76)
Accounts payable and other liabilities 67 33 7
Net cash flows from operating activities 1,617 1,543 1,490
Cash flows from investing activities:      
Capital expenditures (1,912) (1,836) (2,810)
Purchases of marketable securities (213) (281) (156)
Proceeds from sales of marketable securities 207 269 138
Proceeds from sales of other investments 0 2 1
Other investment proceeds 1 9 13
Other, net 6 11 13
Net cash flows from investing activities (1,911) (1,826) (2,801)
Cash flows from financing activities:      
Proceeds from long-term debt 492 0 2,326
Repayments of long-term debt (1) 0 (500)
Net (repayments of) proceeds from short-term debt 0 0 (240)
Other, net (3) (2) (1)
Net cash flows from financing activities 488 (2) 1,585
Net change in cash and cash equivalents and restricted cash and cash equivalents 194 (285) 274
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 45 330 56
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 239 $ 45 $ 330