CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,739	$ 1,565	[1]
Restricted cash	20	21	[1]
Accounts receivable – trade, net	2,107	1,983	[1]
Accounts receivable – other, net	432	397	[1]
Due from unconsolidated affiliates	15	13	[1]
Income taxes receivable	66	90	[1]
Inventories	568	559	[1]
Prepaid expenses	227	255	[1]
Regulatory assets	86	60	[1]
Fixed-price contracts and other derivatives	136	91	[1]
Greenhouse gas allowances	218	217	[1]
Other current assets	51	34	[1]
Total current assets	5,665	5,285	[1]
Other assets:
Restricted cash	3	3	[1]
Regulatory assets	4,272	3,937	[1]
Greenhouse gas allowances	1,053	845	[1]
Nuclear decommissioning trusts	865	875	[1]
Dedicated assets in support of certain benefit plans	566	585	[1]
Deferred income taxes	194	172	[1]
Right-of-use assets – operating leases	1,177	1,177	[1]
Investment in Oncor Holdings	15,871	15,400	[1]
Other investments	2,501	2,534	[1]
Goodwill	1,602	1,602	[1]
Other intangible assets	286	292	[1]
Wildfire fund	258	262	[1]
Other long-term assets	1,656	1,749	[1]
Total other assets	30,304	29,433	[1]
Property, plant and equipment:
Property, plant and equipment	82,437	80,397	[1]
Less accumulated depreciation and amortization	(19,396)	(18,960)	[1]
Property, plant and equipment, net	63,041	61,437	[1]
Total assets	99,010	96,155	[1]
Current liabilities:
Short-term debt	2,113	2,016	[1]
Accounts payable – trade	1,976	2,238	[1]
Accounts payable – other	179	208	[1]
Dividends and interest payable	909	773	[1]
Accrued compensation and benefits	398	558	[1]
Regulatory liabilities	490	141	[1]
Current portion of long-term debt and finance leases	2,331	2,274	[1]
Greenhouse gas obligations	218	217	[1]
Total current liabilities	9,934	9,676	[1]
Long-term debt and finance leases	33,286	31,558	[1]
Deferred credits and other liabilities:
Due to unconsolidated affiliates	355	352	[1]
Regulatory liabilities	3,847	3,817	[1]
Greenhouse gas obligations	755	506	[1]
Pension and other postretirement benefit plan obligations, net of plan assets	188	168	[1]
Deferred income taxes	5,988	5,845	[1]
Asset retirement obligations	3,751	3,737	[1]
Deferred credits and other	2,704	2,708	[1]
Total deferred credits and other liabilities	17,588	17,133	[1]
Commitments and contingencies			[1]
Equity:
Common stock	13,484	13,520	[1]
Retained earnings	17,465	16,979	[1]
Accumulated other comprehensive income (loss)	(195)	(166)	[1]
Total shareholders’ equity	31,643	31,222	[1]
Preferred stock of subsidiary	20	20	[1]
Other noncontrolling interests	6,539	6,546	[1]
Total equity	38,202	37,788	[1]
Total liabilities and equity	99,010	96,155	[1]
Related Party
Current assets:
Due from unconsolidated affiliates	15	13
Deferred credits and other liabilities:
Due to unconsolidated affiliates	355	352
Nonrelated Party
Current liabilities:
Other current liabilities	1,320	1,251	[1]
Series C Preferred Stock
Equity:
Preferred stock	$ 889	$ 889	[1]

[1] Derived from audited financial statements.