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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 4 $ 127
Accounts receivable, net 158 149
Unbilled revenues 95 93
Inventories, at average cost:    
Materials and supplies 44 42
Fuel 39 40
Regulatory assets--current 129 133
Other current assets 88 115
Total current assets 557 699
Electric utility plant:    
Generation 3,898 3,742
Transmission 451 440
Distribution 3,192 3,075
General 463 426
Intangible 556 478
Construction work-in-progress 545 417
Total electric utility plant 9,105 8,578
Accumulated depreciation and amortization (3,093) (2,899)
Electric utility plant, net 6,012 5,679
Regulatory assets--noncurrent 524 494
Nuclear decommissioning trust 40 90
Non-qualified benefit plan trust 33 32
Other noncurrent assets 55 48
Total assets 7,221 7,042
Current liabilities:    
Accounts payable 98 156
Liabilities from price risk management activities-current 130 106
Short-term debt 6 0
Current portion of long-term debt 133 375
Accrued expenses and other current liabilities 259 236
Total current liabilities 626 873
Long-term debt, net of current portion 2,071 2,126
Regulatory liabilities--noncurrent 928 906
Deferred income taxes 632 625
Unfunded status of pension and postretirement plans 259 237
Liabilities from price risk management activities--noncurrent 161 122
Asset retirement obligations 151 116
Non-qualified benefit plan liabilities 106 105
Other noncurrent liabilities 29 21
Total liabilities $ 4,963 $ 5,131
Commitments and Contingencies (see notes)
Portland General Electric Company shareholders’ equity:    
Preferred stock, no par value, 30,000,000 shares authorized; none issued and outstanding $ 0 $ 0
Common stock, no par value, 160,000,000 shares authorized; 88,792,751 and 78,228,339 shares issued and outstanding as of December 31, 2015 and 2014, respectively 1,196 918
Accumulated other comprehensive loss (8) (7)
Retained earnings 1,070 1,000
Total equity 2,258 1,911
Total liabilities and equity $ 7,221 $ 7,042