XML 52 R27.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Statements of Cash Flows (Unaudited) - MPC - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities:    
Net income $ 1,356 $ 1,334
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,580 1,411
Deferred income taxes 168 351
Pension, postretirement, and other employee benefits (149) (149)
Settlement of asset retirement obligations (133) (134)
Other, net (25) (1)
Changes in certain current assets and liabilities —    
Receivables 124 7
Retail fuel cost under recovery 63 71
Other current assets (27) 66
Accounts payable (555) (394)
Accrued taxes (408) (418)
Accrued interest (180) (82)
Accrued compensation (599) (537)
Other current liabilities (4) (37)
Net cash provided from operating activities 1,226 1,250
Investing Activities:    
Property additions (2,944) (2,437)
Cost of removal, net of salvage (166) (168)
Change in construction payables, net (251) (161)
Other investing activities (60) (68)
Net cash used for investing activities (3,421) (2,834)
Financing Activities:    
Increase (decrease) in notes payable, net 653  
Decrease in notes payable, net   (841)
Payment of common stock dividends (776) (736)
Other financing activities (191) (133)
Net cash provided from financing activities 1,542 2,815
Net Change in Cash, Cash Equivalents, and Restricted Cash (653) 1,231
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,640 1,101
Cash, Cash Equivalents, and Restricted Cash at End of Period 987 2,332
Supplemental Cash Flow Information:    
Interest 901 756
Noncash transactions —    
Accrued property additions at end of period 1,049 940
Right-of-use assets obtained under operating leases 41 87
Mississippi Power    
Operating Activities:    
Net income 60 55
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 61 56
Deferred income taxes 10 (7)
Pension, postretirement, and other employee benefits (5) (5)
Settlement of asset retirement obligations (4) (4)
Other, net (5) 7
Changes in certain current assets and liabilities —    
Receivables (9) (16)
Retail fuel cost under recovery (15) (13)
Fossil fuel stock (1) 13
Other current assets (2) 10
Accounts payable (28) (4)
Accrued taxes (73) (64)
Accrued interest (12) (11)
Accrued compensation (26) (23)
Other current liabilities 0 (5)
Net cash provided from operating activities (49) (11)
Investing Activities:    
Property additions (92) (72)
Contributions in aid of construction 2 57
Cost of removal, net of salvage (9) (8)
Change in construction payables, net (1) (14)
Payments pursuant to LTSAs (6) (6)
Other investing activities 0 (1)
Net cash used for investing activities (106) (44)
Financing Activities:    
Increase (decrease) in notes payable, net 32  
Decrease in notes payable, net   (14)
Proceeds — Senior notes 75 100
Capital contributions from parent company 90 50
Payment of common stock dividends (48) (48)
Other financing activities (1) (1)
Net cash provided from financing activities 148 87
Net Change in Cash, Cash Equivalents, and Restricted Cash (7) 32
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 26 13
Cash, Cash Equivalents, and Restricted Cash at End of Period 19 45
Supplemental Cash Flow Information:    
Interest 32 30
Noncash transactions —    
Accrued property additions at end of period 37 22
Right-of-use assets obtained under operating leases $ 3 $ 0