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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 111 $ 166
Accounts receivable, net 1,373 1,018
Accrued unbilled revenues 1,105 862
Inventories 803 631
Regulatory assets 1,059 1,106
Derivative instruments 279 123
Prepaid taxes 54 44
Prepayments and other 360 289
Total current assets 5,144 4,239
Property, plant and equipment, net 48,253 45,457
Other assets    
Nuclear decommissioning fund and other investments 3,234 3,628
Regulatory assets 2,871 2,738
Derivative instruments 93 67
Operating lease right-of-use assets 1,204 1,291
Other 389 431
Total other assets 7,791 8,155
Total assets 61,188 57,851
Current liabilities    
Current portion of long-term debt 1,151 601
Short-term debt 813 1,005
Accounts payable 1,804 1,409
Regulatory liabilities [1] 418 271
Taxes accrued 569 569
Accrued interest 217 209
Dividends payable 268 249
Derivative instruments 76 69
Operating Lease, Liability, Current 217 205
Other 545 459
Total current liabilities 6,078 5,046
Deferred credits and other liabilities    
Deferred income taxes 4,756 4,894
Deferred investment tax credits 48 53
Regulatory liabilities [1] 5,569 5,405
Asset retirement obligations 3,380 3,151
Derivative instruments 113 105
Customer advances 181 196
Pension and employee benefit obligations 390 306
Operating lease liabilities 1,038 1,146
Other 147 158
Total deferred credits and other liabilities 15,622 15,414
Commitments and contingencies
Capitalization    
Long-term debt 22,813 21,779
Common stock — 1,000,000,000 shares authorized of $2.50 par value; 549,578,018 and 544,025,269 shares outstanding at Dec. 31, 2022 and Dec. 31, 2021, respectively $ 1,374 $ 1,360
Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000
Common stock, par value (in dollars per share) $ 2.50 $ 2.50
Common Stock, Shares, Outstanding 549,578,018 544,025,269
Additional paid in capital $ 8,155 $ 7,803
Retained earnings 7,239 6,572
Accumulated other comprehensive loss (93) (123)
Total common stockholders’ equity 16,675 15,612
Total liabilities and equity $ 61,188 $ 57,851
[1] Revenue subject to refund of $67 million and $17 million for 2022 and 2021, respectively, is included in other current liabilities.