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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 80 $ 47
Accounts receivable, net 671 653
Income taxes receivable 0 70
Inventories:    
Materials and supplies 202 196
Fuel 266 237
Deferred income taxes 112 129
Regulatory assets 62 74
Other current assets 75 77
Total current assets 1,468 1,483
Property, plant and equipment, net 18,057 17,374
Regulatory assets 1,773 1,810
Other assets 430 439
Total assets 21,728 21,106
Current liabilities:    
Accounts payable 467 582
Income taxes payable 48 0
Accrued employee expenses 77 72
Accrued interest 113 105
Accrued property and other taxes 54 66
Derivative contracts 49 90
Short-term debt 0 688
Current portion of long-term debt and capital lease obligations 267 19
Regulatory liabilities 62 67
Other current liabilities 147 125
Total current liabilities 1,284 1,814
Regulatory liabilities 851 826
Long-term debt and capital lease obligations 6,594 6,194
Deferred income taxes 4,168 3,863
Other long-term liabilities 1,187 1,097
Total liabilities 14,084 13,794
Commitments and contingencies (Note 13)      
Shareholders' equity:    
Preferred stock 41 41
Common stock - 750 shares authorized, no par value, 357 shares issued and outstanding 0 0
Additional paid-in capital 4,479 4,479
Retained earnings 3,136 2,801
Accumulated other comprehensive loss, net (12) (9)
Total shareholders' equity 7,644 7,312
Total liabilities and shareholders' equity $ 21,728 $ 21,106