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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 899 $ 170
Trade accounts and other receivables (net of allowance of $9 at December 31, 2017 and $6 at December 31, 2016) 976 938
Inventories 113 138
Other current assets and deferred charges 191 216
Total current assets 2,179 1,462
Investments 6,552 6,701
Property, plant, and equipment – net 28,211 28,428
Intangible assets – net of accumulated amortization 8,791 9,663
Regulatory assets, deferred charges, and other 619 581
Total assets 46,352 46,835
Current liabilities:    
Accounts payable 978 623
Accrued liabilities 1,167 1,448
Commercial paper 0 93
Long-term debt due within one year 501 785
Total current liabilities 2,646 2,949
Long-term debt 20,434 22,624
Deferred income tax liabilities 3,147 4,238
Regulatory liabilities, deferred income, and other 3,950 2,978
Contingent liabilities and commitments (Note 17)
Stockholders’ equity:    
Common stock (960 million shares authorized at $1 par value; 861 million shares issued at December 31, 2017 and 785 million shares issued at December 31, 2016) 861 785
Capital in excess of par value 18,508 14,887
Retained deficit (8,434) (9,649)
Accumulated other comprehensive income (loss) (238) (339)
Treasury stock, at cost (35 million shares of common stock) (1,041) (1,041)
Total stockholders’ equity 9,656 4,643
Noncontrolling interests in consolidated subsidiaries 6,519 9,403
Total equity 16,175 14,046
Total liabilities and equity $ 46,352 $ 46,835