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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 11 $ 12
Accounts receivable, net 473 456
Inventories 111 114
Regulatory assets - current 164 205
Other current assets 215 238
Total current assets 974 1,025
Electric utility plant, net 10,534 10,345
Regulatory assets - noncurrent 633 632
Nuclear decommissioning trust 44 30
Non-qualified benefit plan trust 34 34
Other noncurrent assets 476 478
Total assets 12,695 12,544
Current liabilities:    
Accounts payable 281 365
Liabilities from price risk mangement activities - current 109 147
Current portion of long-term debt 68 170
Current portion of finance lease obligation 27 27
Accrued expenses and other current liabilities 437 410
Total current liabilities 922 1,119
Long-term debt, net of current portion 4,663 4,354
Regulatory liabilities-noncurrent 1,412 1,440
Deferred income taxes 595 564
Deferred investment tax credits 59 61
Unfunded status of pension and psotretirement plans 137 140
Liabilities from price risk management activities-noncurrent 67 72
Asset retirement obligations 293 292
Non-qualified benefit plan liabilities 73 74
Finance lease obligations, net of current portion 273 276
Other noncurrent liabilities 357 358
Total liabilities 8,851 8,750
Commitments and contingencies (see notes)
Shareholders' Equity:    
Preferred stock, no par value, 30,000,000 shares authorized; none issued and outstanding as of September 30, 2024 and December 31, 2023 0 0
Common stock, no par value, 160,000,000 shares authorized; 105,455,590 and 101,159,609 shares issued and outstanding as of September 30 2024 and December 31, 2023, respectively 2,123 2,118
Accumulated other comprehensive loss (4) (4)
Retained earnings 1,725 1,680
Total shareholders' equity 3,844 3,794
Total liabilities and shareholders' equity $ 12,695 $ 12,544