v3.23.3
Condensed Statements of Cash Flows (Unaudited) - MPC - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities:    
Consolidated net income $ 3,053 $ 3,566
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 3,699 3,084
Deferred income taxes (52) 608
Pension, postretirement, and other employee benefits (397) (322)
Settlement of asset retirement obligations (444) (314)
Other, net (67) (119)
Changes in certain current assets and liabilities —    
Receivables 524 (316)
Retail fuel cost under recovery 513 (104)
Other current assets (32) (310)
Accounts payable (1,031) 805
Accrued taxes 376 167
Accrued compensation (197) (123)
Other current liabilities 66 (82)
Net cash provided from operating activities 5,740 5,017
Investing Activities:    
Property additions (6,561) (5,502)
Cost of removal, net of salvage (421) (518)
Construction payables 241 15
Other investing activities (139) (63)
Net cash used for investing activities (6,721) (5,952)
Financing Activities:    
Payment of common stock dividends (2,271) (2,166)
Other financing activities (141) (235)
Net cash provided from financing activities 834 1,119
Net Change in Cash, Cash Equivalents, and Restricted Cash (147) 184
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 2,037 1,829
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,890 2,013
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 1,694 1,425
Income taxes, net 11 160
Noncash transactions —    
Accrued property additions at end of period 1,224 872
Right-of-use assets obtained under operating leases 76 27
Mississippi Power    
Operating Activities:    
Consolidated net income 173 150
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 171 164
Deferred income taxes (10) (4)
Pension, postretirement, and other employee benefits (15) (12)
Settlement of asset retirement obligations (12) (15)
Other, net 12 36
Changes in certain current assets and liabilities —    
Receivables 55 (49)
Retail fuel cost under recovery (24) (9)
Other current assets 14 (17)
Accounts payable (83) 41
Accrued taxes (16) (3)
Accrued compensation (5) (5)
Other current liabilities 0 2
Net cash provided from operating activities 260 279
Investing Activities:    
Property additions (231) (165)
Cost of removal, net of salvage (21) (20)
Construction payables (5) (9)
Payments pursuant to LTSAs (21) (23)
Other investing activities (2) (2)
Net cash used for investing activities (280) (219)
Financing Activities:    
Increase in notes payable, net 20 0
Proceeds — Senior notes 100 0
Capital contributions from parent company 8 55
Payment of common stock dividends (139) (128)
Other financing activities (1) 1
Net cash provided from financing activities (12) (72)
Net Change in Cash, Cash Equivalents, and Restricted Cash (32) (12)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 59 61
Cash, Cash Equivalents, and Restricted Cash at End of Period 27 49
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 53 49
Income taxes, net 33 18
Noncash transactions —    
Accrued property additions at end of period 20 16
Right-of-use assets obtained under operating leases 1 0
GEORGIA POWER CO    
Operating Activities:    
Consolidated net income 1,547 1,851
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,411 1,211
Deferred income taxes 102 266
Pension, postretirement, and other employee benefits (207) (178)
Settlement of asset retirement obligations (228) (149)
Other, net (12) (22)
Changes in certain current assets and liabilities —    
Receivables (311) (321)
Retail fuel cost under recovery 204 0
Other current assets 16 (72)
Accounts payable (142) 211
Accrued taxes 118 151
Other current liabilities 16 (79)
Net cash provided from operating activities 1,969 1,482
Investing Activities:    
Property additions (3,501) (2,556)
Cost of removal, net of salvage (191) (250)
Other investing activities (76) (47)
Net cash used for investing activities (3,376) (2,653)
Financing Activities:    
Increase in notes payable, net 50 415
Proceeds — Senior notes 1,750 1,500
Capital contributions from parent company 1,837 813
Payment of common stock dividends (1,392) (1,268)
Other financing activities (27) (45)
Net cash provided from financing activities 1,183 1,171
Net Change in Cash, Cash Equivalents, and Restricted Cash (224) 0
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 480 33
Cash, Cash Equivalents, and Restricted Cash at End of Period 256 33
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 439 332
Income taxes, net 74 151
Noncash transactions —    
Accrued property additions at end of period 942 609
Right-of-use assets obtained under operating leases $ 17 $ 7