CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
CURRENT ASSETS
Cash and temporary cash investments	$ 1,506	$ 1,324
Accounts receivable – customers, net allowance for uncollectible accounts of $615 and $620 in 2025 and 2024, respectively	2,393	2,440
Other receivables, net allowance for uncollectible accounts of $42 and $41 in 2025 and 2024, respectively	171	292
Accrued unbilled revenue	641	848
Taxes receivable	1	145
Fuel oil, gas in storage, materials and supplies, at average cost	490	485
Prepayments	374	445
Regulatory assets	112	141
Restricted cash	1	0
Revenue decoupling mechanism receivable	165	202
Fair value of derivative assets	32	15
Assets held for sale	0	133
Other current assets	164	194
TOTAL CURRENT ASSETS	6,050	6,664
INVESTMENTS	1,186	1,126
UTILITY PLANT, AT ORIGINAL COST
General	5,043	4,851
TOTAL	66,449	64,371
Less: Accumulated depreciation	15,912	15,384
Net	50,537	48,987
Construction work in progress	3,075	3,165
NET UTILITY PLANT	53,612	52,152
NON-UTILITY PLANT
Non-utility property, net accumulated depreciation of $25 in 2025 and 2024	12	12
Construction work in progress	1	1
NET PLANT	53,625	52,165
OTHER NONCURRENT ASSETS
Goodwill	408	408
Regulatory assets	5,519	5,523
Pension and retiree benefits	3,834	3,791
Operating lease right-of-use asset	477	493
Fair value of derivative assets	47	27
Other deferred charges and noncurrent assets	355	365
TOTAL OTHER NONCURRENT ASSETS	10,640	10,607
TOTAL ASSETS	71,501	70,562
CURRENT LIABILITIES
Term loan	700	500
Notes payable	1,220	2,170
Accounts payable	1,552	1,676
Customer deposits	448	412
Accrued taxes	58	70
Accrued interest	211	199
Accrued wages	142	127
Fair value of derivative liabilities	82	52
Regulatory liabilities	71	102
System benefit charge	467	447
Operating lease liabilities	120	118
Liabilities held for sale	0	79
Other current liabilities	443	481
TOTAL CURRENT LIABILITIES	5,514	6,433
NONCURRENT LIABILITIES
Provision for injuries and damages	191	181
Pensions and retiree benefits	561	551
Superfund and other environmental costs	1,027	1,037
Asset retirement obligations	462	453
Fair value of derivative liabilities	97	96
Deferred income taxes and unamortized investment tax credits	9,245	8,874
Operating lease liabilities	394	386
Regulatory liabilities	5,034	5,444
Other deferred credits and noncurrent liabilities	563	494
TOTAL NONCURRENT LIABILITIES	17,574	17,516
LONG-TERM DEBT	24,657	24,651
COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Note B, Note G, and Note H)
SHAREHOLDERS' EQUITY (See Consolidated Statement of Shareholders' Equity)	23,756	21,962
TOTAL LIABILITIES AND EQUITY	71,501	70,562
Electric
UTILITY PLANT, AT ORIGINAL COST
Utility plant, at original cost	42,722	41,206
Gas
UTILITY PLANT, AT ORIGINAL COST
Utility plant, at original cost	15,481	15,127
Steam
UTILITY PLANT, AT ORIGINAL COST
Utility plant, at original cost	$ 3,203	$ 3,187

Represents the noncurrent portion of deferred tax liabilities and the reserve for accumulated deferred investment tax credits as of the balance sheet date, which result from applying the applicable tax rate to net taxable temporary differences pertaining to each jurisdiction to which the entity is obligated to pay income tax. A noncurrent taxable temporary difference is a difference between the tax basis and the carrying amount of a noncurrent asset or liability in the financial statements prepared in accordance with generally accepted accounting principles. In a classified statement of financial position, an enterprise shall separate deferred tax liabilities and assets into a current amount and a noncurrent amount. Deferred tax liabilities and assets shall be classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, shall be classified according to the expected reversal date of the temporary difference. This is the remaining investment credit, which will reduce the cost of services collected from ratepayers by a ratable portion over the investment's regulatory life.

No definition available.