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Consolidated Statements of Cash Flows - MidAmerican Funding LLC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income (loss) $ 4,300 $ 3,020 $ 2,721
Adjustments to reconcile net income to net cash flows from operating activities:      
Allowance for equity funds (352) (267) (167)
Deferred income taxes and investment tax credits, net (267) (257) (467)
Other, net 50 (46) 59
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets (542) (134) 150
Pension and other postretirement benefit plans (19) (10) (27)
Accrued property, income and other taxes, net 144 (58) 397
Accounts payable and other liabilities 252 280 579
Net cash flows from operating activities 8,442 7,132 9,359
Cash flows from investing activities:      
Capital expenditures (9,013) (9,148) (7,505)
Purchases of marketable securities (354) (314) (574)
Proceeds from sales of marketable securities 2,615 2,520 2,464
Other investment proceeds 1,975 1,809 0
Other, net 44 21 (22)
Net cash flows from investing activities (6,035) (5,899) (7,750)
Cash flows from financing activities:      
Proceeds from subsidiary debt 6,358 4,084 2,887
Repayments of subsidiary debt (2,794) (2,821) (1,494)
Other, net (37) (54) (274)
Net cash flows from financing activities (2,620) (1,250) (1,006)
Net change in cash and cash equivalents and restricted cash and cash equivalents (225) (6) 573
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,811 1,817 1,244
Cash and cash equivalents and restricted cash and cash equivalents at end of period 1,586 1,811 1,817
MidAmerican Funding, LLC      
Cash flows from operating activities:      
Net income (loss) 991 980 947
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 1,001 908 1,168
Amortization of utility plant to other operating expenses 35 34 35
Allowance for equity funds (65) (59) (51)
Deferred income taxes and investment tax credits, net 81 90 33
Settlements of asset retirement obligations (1) (21) (85)
Other, net 20 33 52
Changes in other operating assets and liabilities, net of effects from acquisitions:      
Trade receivables and other assets 16 254 (11)
Inventories (5) (87) (43)
Pension and other postretirement benefit plans 2 3 8
Accrued property, income and other taxes, net (18) 77 40
Accounts payable and other liabilities (90) (9) 68
Net cash flows from operating activities 1,967 2,203 2,161
Cash flows from investing activities:      
Capital expenditures (1,704) (1,833) (1,869)
Purchases of marketable securities (327) (243) (499)
Proceeds from sales of marketable securities 313 227 492
Other investment proceeds 12 12 2
Other, net 15 12 6
Net cash flows from investing activities (1,691) (1,825) (1,868)
Cash flows from financing activities:      
Distributions (425) (1,025) (69)
Proceeds from subsidiary debt 592 1,338 0
Repayments of subsidiary debt (539) (317) (2)
Notes payable to affiliate, net 13 0 (189)
Other, net (2) (2) (2)
Net cash flows from financing activities (361) (6) (262)
Net change in cash and cash equivalents and restricted cash and cash equivalents (85) 372 31
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 643 271 240
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 558 $ 643 $ 271