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Consolidated Balance Sheets Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 119 $ 80
Accounts receivable, net 620 671
Inventories:    
Materials and supplies 211 202
Fuel 276 266
Deferred income taxes 90 112
Regulatory assets 68 62
Other current assets 58 75
Total current assets 1,442 1,468
Property, plant and equipment, net 18,246 18,057
Regulatory assets 1,712 1,773
Other assets 424 430
Total assets 21,824 21,728
Current liabilities:    
Accounts payable 419 467
Income taxes payable 37 48
Accrued employee expenses 114 77
Accrued interest 114 113
Accrued property and other taxes 90 54
Current portion of long-term debt and capital lease obligations 227 267
Regulatory liabilities 59 62
Other current liabilities 200 196
Total current liabilities 1,260 1,284
Regulatory liabilities 869 851
Long-term debt and capital lease obligations 6,864 6,594
Deferred income taxes 4,230 4,168
Other long-term liabilities 1,137 1,187
Total liabilities 14,360 14,084
Commitments and contingencies (Note 8)      
Shareholders' equity:    
Preferred stock 36 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 2,961 3,136
Accumulated other comprehensive loss, net (12) (12)
Total shareholders' equity 7,464 7,644
Total liabilities and shareholders' equity $ 21,824 $ 21,728