CONDENSED CONSOLIDATED BALANCE SHEETS, UTILITY - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 2,023	$ 940
Restricted cash and restricted cash equivalents (includes $369 million and $263 million related to VIEs at respective dates)	383	273
Accounts receivable
Customers (net of allowance for doubtful accounts of $424 million and $418 million at respective dates) (includes $1.8 billion and $1.9 billion related to VIEs, net of allowance for doubtful accounts of $424 million and $418 million at respective dates)	2,133	2,220
Accrued unbilled revenue (includes $1.3 billion and $1.3 billion related to VIEs at respective dates)	1,409	1,487
Regulatory balancing accounts	5,852	7,227
Other (net of allowance for doubtful accounts of $40 million and $35 million at respective dates)	1,879	1,810
Regulatory assets	212	234
Inventories
Gas stored underground and fuel oil	45	52
Materials and supplies	744	768
Wildfire Fund asset	301	301
Wildfire self-insurance asset	939	905
Other	973	999
Total current assets	16,893	17,216
Property, Plant, and Equipment
Property, Plant, and Equipment	120,256	118,262
Construction work in progress	4,635	4,458
Financing lease ROU asset and other	814	814
Total property, plant, and equipment	125,705	123,534
Accumulated depreciation	(36,034)	(35,305)
Net property, plant, and equipment	89,671	88,229
Other Noncurrent Assets
Regulatory assets	15,551	15,561
Customer credit trust	949	377
Nuclear decommissioning trusts	3,854	3,833
Operating lease ROU asset	513	524
Wildfire Fund asset	3,995	4,070
Income taxes receivable	1	1
Other (includes noncurrent accounts receivable of $84 million and $82 related to VIEs, net of noncurrent allowance for doubtful accounts of $19 million and $18 at respective dates)	4,016	3,849
Total other noncurrent assets	28,879	28,215
TOTAL ASSETS	135,443	133,660
Current Liabilities
Short-term borrowings	1,524	1,523
Long-term debt, classified as current (includes $223 million and $222 million related to VIEs at respective dates)	4,699	2,146
Accounts payable
Trade creditors	2,521	2,748
Regulatory balancing accounts	2,575	3,169
Other	790	748
Operating lease liabilities	87	85
Financing lease liabilities	570	577
Interest payable (includes $176 million and $91 million related to VIEs at respective dates)	688	760
Wildfire-related claims	750	916
Other	3,618	3,658
Total current liabilities	17,822	16,330
Noncurrent Liabilities
Long-term debt (includes $10.1 billion and $10.1 billion related to VIEs at respective dates)	52,659	53,569
Regulatory liabilities	19,637	19,417
Pension and other postretirement benefits	813	808
Asset retirement obligations	5,509	5,444
Deferred income taxes	3,251	3,082
Operating lease liabilities	425	439
Financing lease liabilities	4	4
Other	4,386	4,166
Total noncurrent liabilities	86,684	86,929
Shareholders’ Equity
Preferred stock	1,579	1,579
Common stock, $5 par value, authorized 800,000,000 shares; 800,000,000 shares outstanding at respective dates	31,532	31,555
Reinvested earnings	(2,414)	(2,966)
Accumulated other comprehensive loss	(12)	(19)
Total shareholders’ equity	30,685	30,149
TOTAL LIABILITIES AND EQUITY	135,443	133,660
Utility
Current Assets
Cash and cash equivalents	1,860	705
Restricted cash and restricted cash equivalents (includes $369 million and $263 million related to VIEs at respective dates)	383	272
Accounts receivable
Customers (net of allowance for doubtful accounts of $424 million and $418 million at respective dates) (includes $1.8 billion and $1.9 billion related to VIEs, net of allowance for doubtful accounts of $424 million and $418 million at respective dates)	2,133	2,220
Accrued unbilled revenue (includes $1.3 billion and $1.3 billion related to VIEs at respective dates)	1,409	1,487
Regulatory balancing accounts	5,852	7,227
Other (net of allowance for doubtful accounts of $40 million and $35 million at respective dates)	1,918	1,810
Regulatory assets	212	234
Inventories
Gas stored underground and fuel oil	45	52
Materials and supplies	744	768
Wildfire Fund asset	301	301
Wildfire self-insurance asset	939	905
Other	972	998
Total current assets	16,768	16,979
Property, Plant, and Equipment
Property, Plant, and Equipment	120,256	118,262
Construction work in progress	4,634	4,458
Financing lease ROU asset and other	814	814
Total property, plant, and equipment	125,704	123,534
Accumulated depreciation	(36,034)	(35,304)
Net property, plant, and equipment	89,670	88,230
Other Noncurrent Assets
Regulatory assets	15,551	15,561
Customer credit trust	949	377
Nuclear decommissioning trusts	3,854	3,833
Operating lease ROU asset	508	519
Wildfire Fund asset	3,995	4,070
Income taxes receivable	0	0
Other (includes noncurrent accounts receivable of $84 million and $82 related to VIEs, net of noncurrent allowance for doubtful accounts of $19 million and $18 at respective dates)	3,863	3,697
Total other noncurrent assets	28,720	28,057
TOTAL ASSETS	135,158	133,266
Current Liabilities
Short-term borrowings	1,524	1,523
Long-term debt, classified as current (includes $223 million and $222 million related to VIEs at respective dates)	4,699	2,146
Accounts payable
Trade creditors	2,517	2,745
Regulatory balancing accounts	2,575	3,169
Other	773	729
Operating lease liabilities	87	85
Financing lease liabilities	570	577
Interest payable (includes $176 million and $91 million related to VIEs at respective dates)	627	667
Wildfire-related claims	750	916
Other	3,317	3,331
Total current liabilities	17,439	15,888
Noncurrent Liabilities
Long-term debt (includes $10.1 billion and $10.1 billion related to VIEs at respective dates)	47,045	47,958
Regulatory liabilities	19,637	19,417
Pension and other postretirement benefits	747	741
Asset retirement obligations	5,509	5,444
Deferred income taxes	3,816	3,632
Operating lease liabilities	421	434
Financing lease liabilities	4	4
Other	4,416	4,198
Total noncurrent liabilities	81,595	81,828
Shareholders’ Equity
Preferred stock	258	258
Common stock, $5 par value, authorized 800,000,000 shares; 800,000,000 shares outstanding at respective dates	1,322	1,322
Additional paid-in capital	36,380	35,930
Reinvested earnings	(1,823)	(1,940)
Accumulated other comprehensive loss	(13)	(20)
Total shareholders’ equity	36,124	35,550
TOTAL LIABILITIES AND EQUITY	$ 135,158	$ 133,266