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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income including noncontrolling interests $ 2,553 $ 1,900
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 2,002 2,014
Deferred income taxes 455 (281)
Deferred investment tax benefits 281 (23)
Impairment of assets and other charges 225 251
Losses from East Ohio, Questar Gas and PSNC Transactions 0 138
Net (gains) losses on nuclear decommissioning trust funds and other investments (442) (589)
Other adjustments (35) 60
Changes in:    
Accounts receivable (63) 379
Inventories (124) (47)
Deferred fuel and purchased gas costs, net (493) 768
Prepayments and deposits, net (545) (14)
Accounts payable (42) (27)
Accrued interest, payroll and taxes 188 224
Net realized and unrealized changes related to derivative activities 551 (34)
Pension and other postretirement benefits (205) (126)
Other operating assets and liabilities 68 (216)
Net cash provided by operating activities 4,374 4,377
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (9,255) (8,719)
Acquisition of solar development projects (12) (202)
Proceeds from East Ohio, Questar Gas and PSNC Transactions 2 9,237
Proceeds from sales of securities 2,563 2,230
Purchases of securities (2,670) (2,350)
Contributions to equity method affiliates (20) (14)
Distributions from equity method affiliates 0 126
Other (109) (15)
Net cash provided by (used in) investing activities (9,501) 293
Financing Activities    
Issuance (repayment) of short-term debt, net 22 148
364-day term loan facility borrowings 0 3,000
Repayment of 364-day term loan facility borrowings 0 (7,750)
Issuance and remarketing of long-term debt 7,647 4,743
Repayment and repurchase of long-term debt (972) (1,884)
Issuance of securitization bonds 0 1,282
Repayment of securitization bonds (80) 0
Supplemental credit facility repayments 0 (450)
Proceeds from sale of noncontrolling interest in OSWP (88) 0
Contributions from Stonepeak to OSWP 1,141 0
Distributions from OSWP to Stonepeak (167) 0
Repurchase of preferred stock 0 (440)
Issuance of common stock 105 102
Common dividend payments (1,708) (1,678)
Other (72) (142)
Net cash provided by (used in) financing activities 5,828 (3,069)
Increase in cash, restricted cash and equivalents 701 1,601
Cash, restricted cash and equivalents at beginning of period 365 301
Cash, restricted cash and equivalents at end of period 1,066 1,902
Virginia Electric and Power Company    
Operating Activities    
Net income including noncontrolling interests 1,810 1,588
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 1,337 1,386
Deferred income taxes 225 381
Deferred investment tax benefits (18) (11)
Impairment of assets and other charges 225 37
Net (gains) losses on nuclear decommissioning trust funds and other investments (65) (85)
Other adjustments (71) (20)
Changes in:    
Accounts receivable (129) 89
Affiliated receivables and payables (32) (38)
Inventories (66) (41)
Deferred fuel and purchased gas costs, net (464) 345
Prepayments and deposits, net (59) 11
Accounts payable 64 41
Accrued interest, payroll and taxes 143 200
Net realized and unrealized changes related to derivative activities 95 136
Other operating assets and liabilities 323 (84)
Net cash provided by operating activities 3,318 3,935
Investing Activities    
Plant construction and other property additions (7,531) (6,885)
Purchases of nuclear fuel (147) (122)
Acquisition of solar development projects (12) (27)
Proceeds from sales of securities 1,412 1,370
Purchases of securities (1,473) (1,449)
Other (78) (25)
Net cash provided by (used in) investing activities (7,829) (7,138)
Financing Activities    
Issuance (repayment) of short-term debt, net (950) 285
Issuance (repayment) of affiliated current borrowings, net (500) 133
Issuance and remarketing of long-term debt 3,172 2,443
Repayment and repurchase of long-term debt (572) (593)
Issuance of securitization bonds 0 1,282
Repayment of securitization bonds (80) 0
Proceeds from sale of noncontrolling interest in OSWP (88) 0
Contributions from Stonepeak to OSWP 1,141 0
Distributions from OSWP to Stonepeak (167) 0
Issuance of common stock 3,500 0
Common dividend payments (407) (250)
Other 27 (55)
Net cash provided by (used in) financing activities 5,076 3,245
Increase in cash, restricted cash and equivalents 565 42
Cash, restricted cash and equivalents at beginning of period 206 90
Cash, restricted cash and equivalents at end of period $ 771 $ 132