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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,680 $ 142
Trade accounts and other receivables 1,986 1,000
Allowance for doubtful accounts (8) (1)
Trade accounts and other receivables – net 1,978 999
Inventories 379 136
Derivative assets 301 3
Other current assets and deferred charges 211 149
Total current assets 4,549 1,429
Investments 5,127 5,159
Property, plant, and equipment – net 29,258 28,929
Intangible assets – net of accumulated amortization 7,402 7,444
Regulatory assets, deferred charges, and other 1,276 1,204
Total assets 47,612 44,165
Current liabilities:    
Accounts payable 1,746 482
Accrued liabilities 1,201 944
Long-term debt due within one year 2,025 893
Total current liabilities 4,972 2,319
Long-term debt 21,650 21,451
Deferred income tax liabilities 2,453 1,923
Regulatory liabilities, deferred income, and other 4,436 3,889
Contingent liabilities and commitments (Note 19)
Stockholders’ equity:    
Preferred stock ($1 par value; 30 million shares authorized at December 31, 2021 and December 31, 2020; 35,000 shares issued at December 31, 2021 and December 31, 2020) 35 35
Common stock ($1 par value; 1,470 million shares authorized at December 31, 2021 and December 31, 2020; 1,250 million shares issued at December 31, 2021 and 1,248 million shares issued at December 31, 2020) 1,250 1,248
Capital in excess of par value 24,449 24,371
Retained deficit (13,237) (12,748)
Accumulated other comprehensive income (loss) (33) (96)
Treasury stock, at cost (35 million shares of common stock) (1,041) (1,041)
Total stockholders’ equity 11,423 11,769
Noncontrolling interests in consolidated subsidiaries 2,678 2,814
Total equity 14,101 14,583
Total liabilities and equity $ 47,612 $ 44,165