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Condensed Statements of Cash Flows (Unaudited) - MPC - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities:    
Net income (loss) $ 3,566 $ 2,592
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 3,084 2,944
Settlement of asset retirement obligations (314) (341)
Other, net (45) 156
Changes in certain current assets and liabilities —    
Receivables (327) 2
Other current assets (343) (180)
Accounts payable 805 (45)
Accrued taxes 167 288
Retail fuel cost over recovery (1) (150)
Other current liabilities (32) (226)
Net cash provided from operating activities 5,017 5,081
Investing Activities:    
Property additions (5,502) (5,222)
Payments pursuant to LTSAs (121) (145)
Other investing activities 73 (12)
Net cash used for investing activities (5,952) (5,850)
Financing Activities:    
Decrease in notes payable, net (349) (203)
Redemptions and repurchases —    
Payment of common stock dividends (2,166) (2,077)
Other financing activities (235) (224)
Net cash provided from financing activities 1,119 1,802
Net Change in Cash, Cash Equivalents, and Restricted Cash 184 1,033
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,829 1,068
Cash, Cash Equivalents, and Restricted Cash at End of Period 2,013 2,101
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 1,425 1,417
Income taxes, net 160 92
Noncash transactions —    
Accrued property additions at year-end 872 915
Mississippi Power    
Operating Activities:    
Net income (loss) 150 133
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 164 161
Settlement of asset retirement obligations (15) (18)
Other, net 20 (20)
Changes in certain current assets and liabilities —    
Receivables (58) (19)
Other current assets (17) (9)
Accounts payable 41 (12)
Accrued taxes (3) (20)
Retail fuel cost over recovery 0 (19)
Other current liabilities (3) (18)
Net cash provided from operating activities 279 159
Investing Activities:    
Property additions (165) (135)
Construction payables (9) (11)
Payments pursuant to LTSAs (23) (21)
Other investing activities (22) (15)
Net cash used for investing activities (219) (182)
Financing Activities:    
Increase in notes payable, net 0  
Decrease in notes payable, net   (25)
Proceeds — Senior notes 0 525
Redemptions and repurchases —    
Other revenue bonds 0 (270)
Other long-term debt 0 (75)
Capital contributions from parent company 55 103
Payment of common stock dividends (128) (118)
Other financing activities 1 (10)
Net cash provided from financing activities (72) 130
Net Change in Cash, Cash Equivalents, and Restricted Cash (12) 107
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 61 39
Cash, Cash Equivalents, and Restricted Cash at End of Period 49 146
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 49 53
Income taxes, net 18 11
Noncash transactions —    
Accrued property additions at year-end $ 16 $ 23