v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - SPPC - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ 2,005 $ 1,889
Adjustments to reconcile net income to net cash flows from operating activities:    
Allowance for equity funds (174) (147)
Deferred energy (73) (61)
Amortization of deferred energy 458 430
Other changes in regulatory assets and liabilities 118 (162)
Deferred income taxes and investment tax credits, net 323 (107)
Other, net 21 158
Changes in other operating assets and liabilities:    
Trade receivables and other assets (509) (405)
Accrued property, income and other taxes, net 293 107
Accounts payable and other liabilities 123 114
Net cash flows from operating activities 4,673 4,320
Cash flows from investing activities:    
Capital expenditures (4,949) (4,573)
Net cash flows from investing activities (5,109) (4,071)
Cash flows from financing activities:    
Other, net 219 (31)
Net cash flows from financing activities 2,806 572
Net change in cash and cash equivalents and restricted cash and cash equivalents 2,360 834
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 4,238 2,420
SPPC    
Cash flows from operating activities:    
Net income (loss) 63 49
Adjustments to reconcile net income to net cash flows from operating activities:    
(Gains) losses on other items, net (1) 0
Depreciation and amortization 93 80
Allowance for equity funds (53) (19)
Deferred energy 34 43
Amortization of deferred energy (11) (6)
Other changes in regulatory assets and liabilities 4 12
Deferred income taxes and investment tax credits, net 188 (14)
Other, net 4 (2)
Changes in other operating assets and liabilities:    
Trade receivables and other assets 61 33
Inventories (6) (7)
Accrued property, income and other taxes, net (118) (7)
Accounts payable and other liabilities (166) (26)
Net cash flows from operating activities 92 136
Cash flows from investing activities:    
Capital expenditures (715) (514)
Proceeds from sale of assets 5 0
Net cash flows from investing activities (710) (514)
Cash flows from financing activities:    
Proceeds from long-term debt 595 0
Repayments of senior debt (410) 0
Contributions from parent 490 395
Other, net 60 (5)
Net cash flows from financing activities 735 390
Net change in cash and cash equivalents and restricted cash and cash equivalents 117 12
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 10 24
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 127 $ 36