Investor Presentaiton
NSPM | Investor Fact Book October 2023 | Xcel Energy
31
NSPM | Consolidated Statements of Cash Flows
Years Ended December 31
Amounts in Millions
2022
2021
2020
Operating activities
Net income
$675
$606
$591
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization
1,021
932
831
Nuclear fuel amortization
118
114
123
Deferred income taxes.
(214)
(36)
(67)
Allowance for equity funds used during construction
(29)
(30)
(25)
Provision for bad debts
21
24
24
Changes in operating assets and liabilities:
Accounts receivable
Accrued unbilled revenues
Inventories
(102)
(89)
(55)
(53)
(71)
1
(85)
(22)
(14)
Other current assets
(4)
3
(9)
Accounts payable
46
69
(1)
Net regulatory assets and liabilities
443
(282)
(87)
Other current liabilities
39
(5)
(58)
Pension and other employee benefit obligations
(11)
(41)
(54)
Other, net
6
(50)
(8)
Net cash provided by operating activities
1,871
1,122
1,192
Investing activities
Capital/construction expenditures
(1,901)
(1,866)
(1,901)
Purchase of investment securities
(1,332)
(757)
(1,398)
Proceeds from the sale of investment securities
1,297
743
1,378
Investments in utility money pool arrangement
(1,522)
(821)
(718)
Repayments from utility money pool arrangement
Other, net
Net cash used in investing activities
Financing activities
(Repayments of) proceeds from short-term borrowings, net
1,613
730
718
6
1
1
(1,839)
(1,970)
(1,920)
Borrowings under utility money pool arrangement
Repayments under utility money pool arrangement
Proceeds from issuance of long-term debt
Repayment of long-term debt
Capital contributions from parent
Dividends paid to parent
Other, net
Net cash provided by financing activities
Net change in cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash at beginning of period
Cash, cash equivalents and restricted cash at end of period
207
(179)
149
6
434
136
(6)
(434)
(136)
489
836
677
(300)
(300)
124
649
527
(560)
(431)
(408)
3
(40)
875
648
(8)
27
(80)
73
46
126
$65
$73
$46View entire presentation