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BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 341 $ 3
Accrued unbilled revenues 159 139
Inventories 70 69
Regulatory assets 51 30
Derivative instruments 148 42
Prepaid taxes 2 2
Prepayments and other 262 32
Total current assets 1,202 565
Property, plant and equipment, net 8,783 8,536
Other assets    
Regulatory assets 349 349
Operating lease right-of-use assets 387 403
Other 43 28
Total other assets 779 780
Total assets 10,764 9,881
Current liabilities    
Long-Term Debt and Lease Obligation, Current 0 350
Short-term debt 0 75
Borrowings under utility money pool arrangement 0 27
Regulatory liabilities 289 116
Taxes accrued 50 77
Accrued interest 35 33
Dividends payable to parent 46 59
Derivative instruments 0 2
Operating lease liabilities 33 32
Other 266 42
Total current liabilities 929 1,008
Deferred credits and other liabilities    
Deferred income taxes 726 622
Regulatory liabilities 767 761
Asset retirement obligations 160 153
Pension and employee benefit obligations 9 12
Operating lease liabilities 354 371
Other 9 7
Total deferred credits and other liabilities 2,025 1,926
Capitalization    
Long-term debt 3,550 2,961
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at June 30, 2024 and Dec. 31, 2023, respectively $ 0 $ 0
Common Stock, Shares Authorized 200 200
Common Stock, Par or Stated Value Per Share $ 1.00 $ 1.00
Common Stock, Shares, Outstanding 100 100
Additional paid in capital $ 3,633 $ 3,370
Retained earnings 628 617
Accumulated other comprehensive loss (1) (1)
Total common stockholder's equity 4,260 3,986
Total liabilities and equity 10,764 9,881
Related Party    
Current assets    
Accounts receivable, net 157 222
Current liabilities    
Accounts payable 191 188
Affiliated Entity    
Current assets    
Accounts receivable, net 12 26
Current liabilities    
Accounts payable $ 19 $ 7