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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 43 $ 168
Trade accounts and other receivables (net of allowance of $9 at March 31, 2019 and $9 at December 31, 2018) 929 992
Inventories 129 130
Other current assets and deferred charges 186 174
Total current assets 1,287 1,464
Investments 6,544 7,821
Property, plant, and equipment 40,541 38,661
Accumulated depreciation and amortization (11,460) (11,157)
Property, plant, and equipment – net 29,081 27,504
Intangible assets – net of accumulated amortization 8,096 7,767
Regulatory assets, deferred charges, and other 962 746
Total assets 45,970 45,302
Current liabilities:    
Accounts payable 620 662
Accrued liabilities 974 1,102
Commercial paper 1,014 0
Long-term debt due within one year 1,561 47
Total current liabilities 4,169 1,811
Long-term debt 20,703 22,367
Deferred income tax liabilities 1,601 1,524
Regulatory liabilities, deferred income, and other 3,772 3,603
Contingent liabilities (Note 13)
Stockholders’ equity:    
Preferred Stock 35 35
Common stock ($1 par value; 1,470 million shares authorized at March 31, 2019 and December 31, 2018; 1,246 million shares issued at March 31, 2019 and 1,245 million shares issued at December 31, 2018) 1,246 1,245
Capital in excess of par value 24,703 24,693
Retained deficit (10,270) (10,002)
Accumulated other comprehensive income (loss) (267) (270)
Treasury stock, at cost (35 million shares of common stock) (1,041) (1,041)
Total stockholders’ equity 14,406 14,660
Noncontrolling interests in consolidated subsidiaries 1,319 1,337
Total equity 15,725 15,997
Total liabilities and equity $ 45,970 $ 45,302