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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 7 $ 8
Accounts receivable 155 108
Inventory 30 29
Regulatory assets 35 53
Income tax receivable 14 17
Prepaid and other current assets 20 18
Total current assets 261 233
Property, plant and equipment (net of accumulated depreciation and amortization of $1,635 and $1,575, respectively) 7,012 6,698
Other assets    
Goodwill 950 950
Intangible assets (net of accumulated amortization of $34 and $32, respectively) 41 43
Regulatory assets 278 247
Deferred financing fees (net of accumulated amortization of $2 and $2, respectively) 1 2
Other 64 50
Total other assets 1,334 1,292
TOTAL ASSETS 8,607 8,223
Current liabilities    
Accounts payable 115 100
Accrued compensation 17 14
Accrued interest 55 54
Accrued taxes 57 49
Regulatory liabilities 165 129
Refundable deposits from generators for transmission network upgrades 32 17
Debt maturing within one year 934 235
Other 38 35
Total current liabilities 1,413 633
Accrued pension and postretirement liabilities 69 68
Deferred income taxes 1,064 964
Regulatory liabilities 109 249
Refundable deposits from generators for transmission network upgrades 14 27
Other 14 26
Long-term debt 3,942 4,355
Commitments and contingent liabilities (Notes 4 and 11)
STOCKHOLDER’S EQUITY    
Common stock, without par value, 235,000,000 shares authorized, 224,203,112 shares issued and outstanding at June 30, 2017 and December 31, 2016 892 892
Retained earnings 1,090 1,007
Accumulated other comprehensive income 0 [1] 2
Total stockholder’s equity 1,982 1,901
TOTAL LIABILITIES AND STOCKHOLDER’S EQUITY $ 8,607 $ 8,223
[1] Includes unrealized gains on available-for-sale securities, net of tax, of less than $1 million for the three and six months ended June 30, 2017 and 2016.