XML 37 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 351 $ 1,519 [1] $ 1,448 [1]
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,490 1,312 [1] 1,250 [1]
Deferred income taxes and investment tax credits 1,160 217 [1] 239 [1]
Write-off of wildfire regulatory asset 351 0 [1] 0 [1]
Impairment losses 72 153 [1] 9 [1]
Plant closure adjustment 0 0 [1] (26) [1]
Gain on sale of assets (3) (134) [1] (70) [1]
Equity earnings, net (76) (84) [1] (189) [1]
Remeasurement of equity method investment 0 (617) [1] 0 [1]
Fixed-price contracts and other derivatives 7 21 [1] (10) [1]
Other 149 62 [1] 66 [1]
Insurance receivable for Aliso Canyon costs 188 (281) [1] (325) [1]
Changes in other assets (214) 49 [1] (169) [1]
Changes in other liabilities 93 153 [1] (24) [1]
Changes in working capital components:      
Accounts receivable 17 (42) [1] (99) [1]
Income taxes receivable, net (70) 3 [1] 39 [1]
Inventories (49) (20) [1] 65 [1]
Regulatory balancing accounts 108 198 [1] 586 [1]
Other current assets (12) (41) [1] (19) [1]
Accounts payable 83 122 [1] (157) [1]
Reserve for Aliso Canyon costs 31 (221) [1] 274 [1]
Other current liabilities (51) (58) [1] 10 [1]
Net change in other working capital components 57 (59) [1] 699 [1]
Net cash provided by operating activities 3,625 2,311 [1] 2,898 [1]
CASH FLOWS FROM INVESTING ACTIVITIES      
Expenditures for property, plant and equipment (3,949) (4,214) [1] (3,156) [1]
Expenditures for investments and acquisitions, net of cash, cash equivalents and restricted cash acquired (270) (1,504) [1] (198) [1]
Proceeds from sale of assets, net of cash sold 17 763 [1] 373 [1]
Distributions from investments 26 25 [1] 15 [1]
Purchases of nuclear decommissioning and other trust assets (1,314) (1,034) [1] (531) [1]
Proceeds from sales by nuclear decommissioning and other trusts 1,314 1,134 [1] 577 [1]
Advances to unconsolidated affiliates (531) (25) [1] (31) [1]
Repayments of advances to unconsolidated affiliates 9 11 [1] 74 [1]
Other (2) 9 [1] 9 [1]
Net cash used in investing activities (4,700) (4,835) [1] (2,868) [1]
CASH FLOWS FROM FINANCING ACTIVITIES      
Common dividends paid (755) (686) [1] (628) [1]
Preferred dividends paid by subsidiary (1) (1) [1] (1) [1]
Issuances of common stock 47 51 [1] 52 [1]
Repurchases of common stock (15) (56) [1] (74) [1]
Issuances of debt (maturities greater than 90 days) 4,509 2,951 [1] 2,992 [1]
Payments on debt (maturities greater than 90 days) (2,800) (2,057) [1] (1,854) [1]
(Decrease) increase in short-term debt, net (36) 692 [1] (622) [1]
Advances from unconsolidated affiliates 35 0 [1] 0 [1]
Proceeds from sale of noncontrolling interests, net of $3 and $40 in offering costs, respectively 196 1,692 [1] 0 [1]
Net distributions to noncontrolling interests (130) (63) [1] (73) [1]
Tax benefit related to share-based compensation 0 0 [1] 52 [1]
Other (43) (21) [1] (20) [1]
Net cash provided by (used in) financing activities 1,007 2,502 [1] (176) [1]
Effect of exchange rate changes on cash, cash equivalents and restricted cash 7 (3) [1] (14) [1]
Decrease in cash, cash equivalents and restricted cash (61) (25) [1] (160) [1]
Cash, cash equivalents and restricted cash, January 1 [1] 425 450 610
Cash, cash equivalents and restricted cash, December 31 364 425 [1] 450 [1]
Cash and cash equivalents, January 1 [2] 349    
Cash and cash equivalents, December 31 288 349 [2]  
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Interest payments, net of amounts capitalized 619 532 [1] 537 [1]
Income tax payments (refunds), net 172 160 [1] 67 [1]
Noncash acquisition of businesses:      
Assets acquired, net of cash, cash equivalents and restricted cash 436 3,808 [1] 10 [1]
Value of equity method investment immediately prior to acquisition (28) (1,144) [1] 0 [1]
Liabilities assumed (261) (1,322) [1] (2) [1]
Accrued purchase price 0 0 [1] (5) [1]
Cash paid, net of cash, cash equivalents and restricted cash acquired 147 1,342 [1] 3 [1]
Other Noncash Investing and Financing Items [Abstract]      
Accrued capital expenditures 562 626 [1] 566 [1]
Increase in capital lease obligations for investment in property, plant and equipment 504 0 [1] 24 [1]
Accrued Merger-related transaction costs 31 0 [1] 0 [1]
Financing of build-to-suit property 0 0 [1] 61 [1]
Redemption of industrial development bonds 0 0 [1] 79 [1]
Equitization of note receivable due from unconsolidated affiliate 19 0 [1] 0 [1]
Common dividends issued in stock 53 53 [1] 55 [1]
Dividends declared but not paid 214 196 [1] 180 [1]
San Diego Gas and Electric Company [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income 421 565 [1] 606 [1]
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 670 646 [1] 604 [1]
Deferred income taxes and investment tax credits (10) 258 [1] 195 [1]
Write-off of wildfire regulatory asset 351 0 [1] 0 [1]
Plant closure adjustment 0 0 [1] (26) [1]
Fixed-price contracts and other derivatives (2) (3) [1] (4) [1]
Other (22) (35) [1] (16) [1]
Changes in other assets (108) (20) [1] (125) [1]
Changes in other liabilities 78 11 [1] 13 [1]
Changes in working capital components:      
Accounts receivable (76) (31) [1] (10) [1]
Due to/from affiliates, net (10) (19) [1] 21 [1]
Income taxes receivable, net 136 (115) [1] 0 [1]
Inventories (25) (5) [1] (2) [1]
Regulatory balancing accounts 56 35 [1] 474 [1]
Other current assets 9 25 [1] (24) [1]
Accounts payable 75 39 [1] (28) [1]
Other current liabilities 4 (28) [1] (17) [1]
Net cash provided by operating activities 1,547 1,323 [1] 1,661 [1]
CASH FLOWS FROM INVESTING ACTIVITIES      
Expenditures for property, plant and equipment (1,555) (1,399) [1] (1,133) [1]
Purchases of nuclear decommissioning trust assets (1,314) (1,034) [1] (526) [1]
Proceeds from sales by nuclear decommissioning trusts 1,314 1,134 [1] 577 [1]
Decrease (increase) in loans to affiliate, net 31 (31) [1] 0 [1]
Other 9 6 [1] 5 [1]
Net cash used in investing activities (1,515) (1,324) [1] (1,077) [1]
CASH FLOWS FROM FINANCING ACTIVITIES      
Common dividends paid (450) (175) [1] (300) [1]
Issuances of debt (maturities greater than 90 days) 398 498 [1] 444 [1]
Payments on debt (maturities greater than 90 days) (186) (204) [1] (547) [1]
(Decrease) increase in short-term debt, net 253 (114) [1] (131) [1]
Net distributions to noncontrolling interests (34) (21) [1] (30) [1]
Debt issuance costs (4) (6) [1] (4) [1]
Net cash provided by (used in) financing activities (23) (22) [1] (568) [1]
Increase (decrease) in cash, cash equivalents and restricted cash 9 (23) [1] 16 [1]
Cash, cash equivalents and restricted cash, January 1 [1] 20 43 27
Cash, cash equivalents and restricted cash, December 31 29 20 [1] 43 [1]
Cash and cash equivalents, January 1 [2] 8    
Cash and cash equivalents, December 31 12 8 [2]  
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Interest payments, net of amounts capitalized 195 187 [1] 199 [1]
Income tax payments (refunds), net 27 137 [1] 88 [1]
Other Noncash Investing and Financing Items [Abstract]      
Accrued capital expenditures 217 227 [1] 191 [1]
Increase in capital lease obligations for investment in property, plant and equipment 500 0 [1] 15 [1]
Southern California Gas Company [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income 397 350 420
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 515 476 461
Deferred income taxes and investment tax credits 137 103 127
Impairment losses 0 22 9
Other 11 (26) (20)
Insurance receivable for Aliso Canyon costs 188 (281) (325)
Changes in other assets (80) 35 (91)
Changes in other liabilities (13) 7 (7)
Changes in working capital components:      
Accounts receivable 72 37 (90)
Due to/from affiliates, net 7 6 (11)
Income taxes receivable, net (5) (2) 8
Inventories (66) 4 102
Regulatory balancing accounts 53 163 112
Other current assets 0 (13) 8
Accounts payable 39 36 (143)
Reserve for Aliso Canyon costs 31 (221) 274
Other current liabilities 20 (25) 46
Net cash provided by operating activities 1,306 671 880
CASH FLOWS FROM INVESTING ACTIVITIES      
Expenditures for property, plant and equipment (1,367) (1,319) (1,352)
Decrease (increase) in loans to affiliate, net 0 50 [1] (50) [1]
Other 4 0 0
Net cash used in investing activities (1,363) (1,269) (1,402)
CASH FLOWS FROM FINANCING ACTIVITIES      
Common dividends paid 0 0 (50)
Preferred dividends paid (1) (1) (1)
Issuances of debt (maturities greater than 90 days) 0 499 599
Payments on debt (maturities greater than 90 days) 0 (3) 0
(Decrease) increase in short-term debt, net 54 62 (50)
Debt issuance costs 0 (5) (3)
Net cash provided by (used in) financing activities 53 552 495
Increase (decrease) in cash and cash equivalents (4) (46) (27)
Cash and cash equivalents, January 1 12 [2] 58 85
Cash and cash equivalents, December 31 8 12 [2] 58
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Interest payments, net of amounts capitalized 97 92 79
Income tax payments (refunds), net 28 41 1
Other Noncash Investing and Financing Items [Abstract]      
Accrued capital expenditures $ 208 $ 207 $ 189
[1] As adjusted for the retrospective adoption of ASU 2016-15 and ASU 2016-18, which we discuss in Note 2.
[2] Reflects reclassifications to conform to current year presentation, which we discuss in Note 1.