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Consolidated Statements of Cash Flows (Unaudited) - PAC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 2,768 $ 2,285
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (80) (56)
Changes in regulatory assets and liabilities (226) (199)
Deferred income taxes and investment tax credits, net 385 613
Other, net 37 (26)
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (317) (254)
Derivative collateral, net 189 92
Accrued property, income and other taxes, net 489 76
Accounts payable and other liabilities 682 187
Net cash flows from operating activities 5,147 4,232
Cash flows from investing activities:    
Capital expenditures (3,382) (2,848)
Other, net (18) (53)
Net cash flows from investing activities (3,452) (2,975)
Cash flows from financing activities:    
Net (repayments of) proceeds from short-term debt (54) 245
Other, net (248) (19)
Net cash flows from financing activities (605) (1,204)
Net change in cash and cash equivalents and restricted cash and cash equivalents 1,057 55
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,244 1,445
Cash and cash equivalents and restricted cash and cash equivalents at end of period 2,301 1,500
PAC    
Cash flows from operating activities:    
Net income (loss) 212 394
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 559 539
Allowance for equity funds (28) (25)
Changes in regulatory assets and liabilities (76) (98)
Deferred income taxes and investment tax credits, net 29 22
Other, net 12 (1)
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (142) (10)
Inventories (16) 8
Derivative collateral, net 69 35
Accrued property, income and other taxes, net 152 79
Accounts payable and other liabilities 442 103
Net cash flows from operating activities 1,213 1,046
Cash flows from investing activities:    
Capital expenditures (894) (819)
Other, net 6 0
Net cash flows from investing activities (888) (819)
Cash flows from financing activities:    
Repayments of long-term debt (9) (400)
Net (repayments of) proceeds from short-term debt 0 208
Dividends paid (100) 0
Other, net (2) (4)
Net cash flows from financing activities (111) (196)
Net change in cash and cash equivalents and restricted cash and cash equivalents 214 31
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 186 19
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 400 $ 50