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Consolidated Statements of Cash Flows (Unaudited) - NPC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ 989 $ (129)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Allowance for equity funds (49) (38)
Deferred income taxes and investment tax credits, net (11) (203)
Net power cost deferrals (504) (72)
Amortization of net power cost deferrals 130 47
Other, net 15 6
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets 120 333
Accrued property, income and other taxes, net (177) (347)
Accounts payable and other liabilities 294 91
Net cash flows from operating activities 1,095 2,221
Cash flows from investing activities:    
Capital expenditures (1,848) (1,553)
Net cash flows from investing activities (1,778) (1,572)
Cash flows from financing activities:    
Net proceeds from (repayments of) short-term debt 699 (165)
Other, net (17) (240)
Net cash flows from financing activities 20 (310)
Net change in cash and cash equivalents and restricted cash and cash equivalents (662) 338
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,817 1,244
Cash and cash equivalents and restricted cash and cash equivalents at end of period 1,155 1,582
NPC    
Cash flows from operating activities:    
Net income (loss) 4 (2)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 106 103
Allowance for equity funds (4) (3)
Other changes in regulatory assets and liabilities (9) (8)
Deferred income taxes and investment tax credits, net (10) 5
Net power cost deferrals (370) (51)
Amortization of net power cost deferrals 52 13
Other, net 1 4
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets 74 33
Inventories (13) 3
Accrued property, income and other taxes, net 1 (15)
Accounts payable and other liabilities (44) 3
Net cash flows from operating activities (212) 85
Cash flows from investing activities:    
Capital expenditures (333) (189)
Proceeds from repayment of affiliate note receivable 100 0
Net cash flows from investing activities (233) (189)
Cash flows from financing activities:    
Net (repayments of) proceeds from long-term debt (1) 200
Net proceeds from (repayments of) short-term debt 33 (76)
Contributions from parent 400 0
Other, net (5) (4)
Net cash flows from financing activities 427 120
Net change in cash and cash equivalents and restricted cash and cash equivalents (18) 16
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 60 45
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 42 $ 61