v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 1,174 $ 1,232
Adjustments to reconcile net income to net cash flows from operating activities:    
Losses (gains) on marketable securities, net 5 (103)
Depreciation and amortization 1,135 1,116
Allowance for equity funds (80) (66)
Equity (income) loss, net of distributions 146 153
Net power cost deferrals 22 (88)
Amortization of net power cost deferrals 236 220
Other changes in regulatory assets and liabilities 9 (13)
Deferred income taxes and investment tax credits, net 333 (92)
Other, net 41 72
Changes in other operating assets and liabilities, net of effects from acquisitions:    
Trade receivables and other assets (113) 107
Derivative collateral, net (53) 10
Pension and other postretirement benefit plans (2) (1)
Accrued property, income and other taxes, net (778) (349)
Accounts payable and other liabilities (128) (161)
Wildfires insurance receivable 0 98
Wildfires liability (584) (114)
Net cash flows from operating activities 1,363 2,021
Cash flows from investing activities:    
Capital expenditures (2,418) (2,128)
Purchases of marketable securities (153) (94)
Proceeds from sales of marketable securities 193 667
Equity method investments (11) (22)
Other, net 31 4
Net cash flows from investing activities (2,358) (1,573)
Cash flows from financing activities:    
Preferred stock redemptions 0 (481)
Preferred dividends 0 (3)
Repayments of BHE senior debt 0 (400)
Proceeds from subsidiary debt 4,568 2,353
Repayments of subsidiary debt (210) (40)
Net repayments of short-term debt (989) (441)
Distributions to noncontrolling interests (68) (46)
Other, net 192 (17)
Net cash flows from financing activities 3,493 925
Effect of exchange rate changes (7) 4
Net change in cash and cash equivalents and restricted cash and cash equivalents 2,491 1,377
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 1,878 1,586
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 4,369 $ 2,963