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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 47 $ 23
Accounts receivable, net 748 701
Income taxes receivable 0 133
Inventories:    
Materials and supplies 232 218
Fuel 190 199
Deferred income taxes 42 28
Regulatory assets 110 131
Other current assets 64 92
Total current assets 1,433 1,525
Property, plant and equipment, net 18,945 18,719
Regulatory assets 1,541 1,574
Other assets 428 449
Total assets 22,347 22,267
Current liabilities:    
Accounts payable 481 465
Income taxes payable 117 0
Accrued employee expenses 118 76
Accrued interest 107 110
Accrued property and other taxes 130 59
Short-term debt 0 20
Current portion of long-term debt and capital lease obligations 64 134
Regulatory liabilities 37 34
Other current liabilities 230 222
Total current liabilities 1,284 1,120
Regulatory liabilities 937 910
Long-term debt and capital lease obligations 7,123 6,919
Deferred income taxes 4,652 4,609
Other long-term liabilities 995 953
Total liabilities $ 14,991 $ 14,511
Commitments and contingencies (Note 10)
Shareholders' equity:    
Preferred stock $ 2 $ 2
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 2,888 3,288
Accumulated other comprehensive loss, net (13) (13)
Total shareholders' equity 7,356 7,756
Total liabilities and shareholders' equity $ 22,347 $ 22,267