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Condensed Statements of Cash Flows (Unaudited) - MPC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities:    
Net income $ 2,214 $ 2,332
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 2,860 2,572
Deferred income taxes 453 247
Pension, postretirement, and other employee benefits (253) (232)
Settlement of asset retirement obligations (285) (267)
Other, net 76 (116)
Changes in certain current assets and liabilities —    
Receivables (130) (284)
Retail fuel cost under recovery 158 421
Other current assets 61 (86)
Accounts payable (695) (247)
Accrued taxes (245) (19)
Accrued compensation (421) (372)
Other current liabilities 26 204
Net cash provided from operating activities 3,431 3,999
Investing Activities:    
Property additions (5,237) (3,895)
Cost of removal, net of salvage (304) (282)
Change in construction payables, net of joint owner portion (42) (217)
Other investing activities (153) (172)
Net cash used for investing activities (5,734) (4,222)
Financing Activities:    
Payment of common stock dividends (1,494) (1,487)
Other financing activities (150) (135)
Net cash provided from financing activities 2,467 513
Net Change in Cash, Cash Equivalents, and Restricted Cash 164 290
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,101 921
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,265 1,211
Supplemental Cash Flow Information:    
Interest 1,287 1,235
Income taxes, net (excludes credit transfers) 199 62
Noncash transactions —    
Accrued property additions at end of period 1,091 805
Mississippi Power    
Operating Activities:    
Net income 114 111
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 115 101
Deferred income taxes 4 (5)
Pension, postretirement, and other employee benefits (8) (8)
Settlement of asset retirement obligations (7) (9)
Other, net (7) 7
Changes in certain current assets and liabilities —    
Receivables (26) (26)
Retail fuel cost under recovery (28) 7
Fossil fuel stock 20 (22)
Prepaid income taxes 9 0
Other current assets (1) (4)
Accounts payable (22) (16)
Accrued taxes (49) (41)
Accrued compensation (22) (16)
Over recovered regulatory clause revenues (15) 7
Other current liabilities 1 (1)
Net cash provided from operating activities 78 85
Investing Activities:    
Property additions (166) (165)
Contributions in aid of construction 57 0
Cost of removal, net of salvage (17) (21)
Change in construction payables, net of joint owner portion (5) (20)
Payments pursuant to LTSAs (11) (10)
Other investing activities (3) (2)
Net cash used for investing activities (145) (218)
Financing Activities:    
Increase in notes payable, net 18 102
Proceeds — Senior notes 100 250
Redemptions — Senior notes 0 (200)
Capital contributions from parent company 57 58
Payment of common stock dividends (97) (94)
Other financing activities (2) (2)
Net cash provided from financing activities 76 114
Net Change in Cash, Cash Equivalents, and Restricted Cash 9 (19)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 13 38
Cash, Cash Equivalents, and Restricted Cash at End of Period 22 19
Supplemental Cash Flow Information:    
Interest 37 38
Income taxes, net (excludes credit transfers) 21 24
Noncash transactions —    
Accrued property additions at end of period $ 30 $ 16