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BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 6 $ 16
Accounts receivable, net 94 93
Accounts receivable from affiliates 9 4
Accrued unbilled revenues 114 115
Inventories 36 31
Regulatory assets 76 20
Derivative instruments 10 15
Prepaid taxes 18 1
Prepayments and other 20 21
Total current assets 383 316
Property, plant and equipment, net 7,603 6,632
Other assets    
Regulatory assets 357 364
Derivative instruments 9 13
Operating lease right-of-use assets 492 522
Other 15 4
Total other assets 873 903
Total assets 8,859 7,851
Current liabilities    
Short-term debt 250 0
Accounts payable 198 168
Accounts payable to affiliates 17 20
Regulatory liabilities [1] 57 118
Taxes accrued 54 40
Accrued interest 29 26
Dividends payable to parent 54 46
Derivative instruments 4 4
Operating lease liabilities 28 27
Other 25 31
Total current liabilities 716 480
Deferred credits and other liabilities    
Deferred income taxes 725 672
Regulatory liabilities [1] 718 732
Asset retirement obligations 112 77
Derivative instruments 9 13
Pension and employee benefit obligations 42 67
Operating lease liabilities 463 495
Other 12 10
Total deferred credits and other liabilities 2,081 2,066
Commitments and contingencies
Capitalization    
Long-term debt 2,764 2,420
Common Stock, Value, Issued 0 0
Additional paid in capital 2,790 2,351
Retained earnings 509 535
Accumulated other comprehensive loss (1) (1)
Total common stockholder's equity 3,298 2,885
Total liabilities and equity $ 8,859 $ 7,851
[1] Revenue subject to refund of $4 million for 2019 was included in other current liabilities and none for 2020.