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BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 1 $ 6
Accounts receivable, net 115 94
Accounts receivable from affiliates 9 9
Accrued unbilled revenues 125 114
Inventories 51 36
Regulatory assets 193 76
Derivative instruments 30 10
Prepaid taxes 3 18
Prepayments and other 21 20
Total current assets 548 383
Property, plant and equipment, net 7,838 7,603
Other assets    
Regulatory assets 380 357
Derivative instruments 6 9
Operating lease right-of-use assets 463 492
Other 27 15
Total other assets 876 873
Total assets 9,262 8,859
Current liabilities    
Short-term debt 137 250
Borrowings under utility money pool arrangement 91 0
Accounts payable 172 198
Accounts payable to affiliates 16 17
Regulatory liabilities 54 57
Taxes accrued 47 54
Accrued interest 30 29
Dividends payable to parent 58 54
Derivative instruments 4 4
Operating lease liabilities 30 28
Other 24 25
Total current liabilities 663 716
Deferred credits and other liabilities    
Deferred income taxes 702 725
Regulatory liabilities 709 718
Asset retirement obligations 116 112
Derivative instruments 6 9
Pension and employee benefit obligations 8 42
Operating lease liabilities 434 463
Other 8 12
Total deferred credits and other liabilities 1,983 2,081
Commitments and contingencies
Capitalization    
Long-term debt 3,013 2,764
Common Stock, Value, Issued 0 0
Additional paid in capital 3,091 2,790
Retained earnings 513 509
Accumulated other comprehensive loss (1) (1)
Total common stockholder's equity 3,603 3,298
Total liabilities and equity $ 9,262 $ 8,859