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BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 3 $ 1
Accounts receivable, net 171 115
Accounts receivable from affiliates 15 9
Investments in money pool arrangements 20 0
Accrued unbilled revenues 153 125
Inventories 58 51
Regulatory assets 274 193
Derivative instruments 237 30
Prepaid taxes 13 3
Prepayments and other 67 21
Total current assets 1,011 548
Property, plant and equipment, net 8,006 7,838
Other assets    
Regulatory assets 352 380
Derivative instruments 4 6
Operating lease right-of-use assets 441 463
Other 31 27
Total other assets 828 876
Total assets 9,845 9,262
Current liabilities    
Short-term debt 0 137
Borrowings under utility money pool arrangement 0 91
Accounts payable 216 172
Accounts payable to affiliates 24 16
Regulatory liabilities 262 54
Taxes accrued 61 47
Accrued interest 41 30
Dividends payable to parent 69 58
Derivative instruments 4 4
Operating lease liabilities 31 30
Other 81 24
Total current liabilities 789 663
Deferred credits and other liabilities    
Deferred income taxes 738 702
Regulatory liabilities 723 709
Asset retirement obligations 120 116
Derivative instruments 3 6
Pension and employee benefit obligations 7 8
Operating lease liabilities 411 434
Other 9 8
Total deferred credits and other liabilities 2,011 1,983
Capitalization    
Long-term debt 3,210 3,013
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at September 30, 2022 and Dec. 31, 2021, respectively 0 0
Additional paid in capital 3,301 3,091
Retained earnings 535 513
Accumulated other comprehensive loss (1) (1)
Total common stockholder's equity 3,835 3,603
Total liabilities and equity $ 9,845 $ 9,262