XML 59 R15.htm IDEA: XBRL DOCUMENT v3.22.0.1
Statements of Cash Flows - APC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities:      
Consolidated net income $ 2,309 $ 3,103 $ 4,744
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 3,973 3,905 3,331
Deferred income taxes (49) (241) 611
Allowance for equity funds used during construction (190) (149) (128)
Pension, postretirement, and other employee benefits (305) (259) (204)
Pension and postretirement funding 0 (2) (1,136)
Settlement of asset retirement obligations (456) (442) (328)
Retail fuel cost under recovery – long-term (536) 0 0
Other, net 86 (74) 115
Changes in certain current assets and liabilities —      
-Receivables (81) (222) 630
-Materials and supplies (130) (157) (17)
-Other current assets (170) (161) 12
-Accounts payable (8) (27) (693)
-Accrued taxes (54) 242 117
-Retail fuel cost over recovery (155) 96 62
-Customer refunds 130 (236) 126
-Other current liabilities (49) 76 (73)
Net cash provided from operating activities 6,169 6,696 5,781
Investing Activities:      
Property additions (7,240) (7,441) (7,555)
Nuclear decommissioning trust fund purchases (1,598) (877) (888)
Nuclear decommissioning trust fund sales 1,593 871 882
Cost of removal, net of salvage (442) (361) (393)
Change in construction payables, net (124) 37 (169)
Other investing activities 74 (16) (107)
Net cash used for investing activities (7,353) (7,030) (3,392)
Redemptions and repurchases —      
Payment of common stock dividends (2,777) (2,685) (2,570)
Other financing activities (266) (325) (157)
Net cash provided from (used for) financing activities 1,945 (576) (1,930)
Net Change in Cash, Cash Equivalents, and Restricted Cash 761 (910) 459
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 1,068 1,978 1,519
Cash, Cash Equivalents, and Restricted Cash at End of Year 1,829 1,068 1,978
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 1,718 1,683 1,651
Income taxes, net 93 64 276
Noncash transactions —      
Accrued property additions at year-end 866 989 932
Alabama Power      
Operating Activities:      
Consolidated net income 1,253 1,165 1,085
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 1,005 963 951
Deferred income taxes 245 78 197
Allowance for equity funds used during construction (52) (46) (52)
Pension, postretirement, and other employee benefits (106) (88) (95)
Pension and postretirement funding 0 (2) (362)
Settlement of asset retirement obligations (202) (219) (127)
Natural disaster reserve accruals 75 112 138
Retail fuel cost under recovery – long-term (126) 0 0
Other deferred charges – affiliated 0 0 (42)
Other, net (51) 50 4
Changes in certain current assets and liabilities —      
-Receivables 42 (49) 9
-Materials and supplies (6) (47) 23
-Other current assets 44 (66) (89)
-Accounts payable (109) (90) (41)
-Accrued taxes (56) 84 49
-Accrued compensation (7) (32) (14)
-Retail fuel cost over recovery (18) (31) 47
-Customer refunds 128 (12) 30
-Other current liabilities (6) (28) 68
Net cash provided from operating activities 2,053 1,742 1,779
Investing Activities:      
Property additions (1,753) (1,970) (1,757)
Nuclear decommissioning trust fund purchases (638) (268) (261)
Nuclear decommissioning trust fund sales 637 267 260
Cost of removal, net of salvage (165) (98) (103)
Change in construction payables, net (16) (34) (71)
Other investing activities (26) (19) (31)
Net cash used for investing activities (1,961) (2,122) (1,963)
Proceeds —      
Senior notes 1,300 600 600
Pollution control revenue bonds 0 87 0
Redemptions and repurchases —      
Senior notes (200) (250) (200)
Pollution control revenue bonds (65) (87) 0
Other long-term debt (206) 0 0
Capital contributions from parent company 636 653 1,240
Payment of common stock dividends (984) (957) (844)
Other financing activities (43) (30) (31)
Net cash provided from (used for) financing activities 438 16 765
Net Change in Cash, Cash Equivalents, and Restricted Cash 530 (364) 581
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 530 894 313
Cash, Cash Equivalents, and Restricted Cash at End of Year 1,060 530 894
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 308 321 311
Income taxes, net 185 187 26
Noncash transactions —      
Accrued property additions at year-end $ 150 $ 166 $ 200