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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 30 $ 119
Accounts receivable, net 167 193
Unbilled revenues 86 96
Inventories, at average cost:    
Materials and supplies 56 53
Fuel 40 31
Regulatory assets--current 17 61
Other current assets 104 90
Total current assets 500 643
Electric utility plant:    
In service 10,928 10,344
Accumulated depreciation and amortization (4,095) (3,803)
In service, net 6,833 6,541
Construction work-in-progress 328 346
Property, Plant and Equipment, Net 7,161 6,887
Regulatory assets--noncurrent 483 401
Nuclear decommissioning trust 46 42
Non-qualified benefit plan trust 38 36
Other noncurrent assets 166 101
Total assets 8,394 8,110
Current liabilities:    
Accounts payable 165 168
Liabilities from price risk management activities-current 23 55
Current portion of long-term debt 0 300
Current portion of long-term debt 16 0
Accrued expenses and other current liabilities 315 268
Total current liabilities 519 791
Long-term debt, net of current portion 2,597 2,178
Regulatory liabilities--noncurrent 1,377 1,355
Deferred income taxes 378 369
Unfunded status of pension and postretirement plans 247 307
Liabilities from price risk management activities--noncurrent 108 101
Asset retirement obligations 263 197
Non-qualified benefit plan liabilities 103 103
Finance lease obligations, net of current portion 135 0
Other noncurrent liabilities 76 203
Total liabilities 5,803 5,604
Commitments and Contingencies (see notes)
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; 89,387,124 and 89,267,959 shares issued and outstanding as of December 31, 2019 and 2018, respectively 1,220 1,212
Accumulated other comprehensive loss (10) (7)
Retained earnings 1,381 1,301
Total shareholders' equity 2,591 2,506
Total liabilities and shareholders' equity $ 8,394 $ 8,110