BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 59	$ 3
Accrued unbilled revenues	137	139
Inventories	72	69
Regulatory assets	40	30
Derivative instruments	47	42
Prepaid taxes	4	2
Prepayments and other	258	32
Total current assets	773	565
Property, plant and equipment, net	8,658	8,536
Other assets
Regulatory assets	343	349
Derivative instruments	7	0
Operating lease right-of-use assets	395	403
Other	36	28
Total other assets	781	780
Total assets	10,212	9,881
Current liabilities
Long-Term Debt and Lease Obligation, Current	350	350
Short-term debt	145	75
Borrowings under utility money pool arrangement	100	27
Regulatory liabilities	134	116
Taxes accrued	38	77
Accrued interest	42	33
Dividends payable to parent	47	59
Derivative instruments	1	2
Operating lease liabilities	33	32
Other	267	42
Total current liabilities	1,351	1,008
Deferred credits and other liabilities
Deferred income taxes	642	622
Regulatory liabilities	769	761
Asset retirement obligations	155	153
Pension and employee benefit obligations	9	12
Operating lease liabilities	362	371
Other	8	7
Total deferred credits and other liabilities	1,945	1,926
Capitalization
Long-term debt	2,962	2,961
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at March 31, 2024 and Dec. 31, 2023, respectively	0	0
Additional paid in capital	3,370	3,370
Retained earnings	585	617
Accumulated other comprehensive loss	(1)	(1)
Total common stockholder's equity	3,954	3,986
Total liabilities and equity	10,212	9,881
Related Party
Current assets
Accounts receivable, net	142	222
Current liabilities
Accounts payable	179	188
Affiliated Entity
Current assets
Accounts receivable, net	14	26
Current liabilities
Accounts payable	$ 15	$ 7