BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 3	$ 14
Accrued unbilled revenues	155	129
Inventories	76	71
Regulatory assets	38	43
Derivative instruments	89	67
Prepaid taxes	12	6
Prepayments and other	345	289
Total current assets	874	778
Property, plant and equipment, net	9,474	9,251
Other assets
Regulatory assets	363	359
Operating lease right-of-use assets	362	371
Derivative Asset, Noncurrent	14	0
Other	47	42
Total other assets	786	772
Total assets	11,134	10,801
Current liabilities
Short-term debt	209	145
Borrowings under utility money pool arrangement	24	7
Regulatory liabilities	122	142
Taxes accrued	34	51
Accrued interest	52	36
Dividends payable to parent	53	51
Operating lease liabilities	34	34
Other	249	222
Total current liabilities	1,066	948
Deferred credits and other liabilities
Deferred income taxes	759	765
Regulatory liabilities	792	768
Asset retirement obligations	169	167
Pension and employee benefit obligations	14	17
Operating lease liabilities	328	337
Other	11	10
Total deferred credits and other liabilities	2,073	2,064
Capitalization
Long-term debt	3,551	3,551
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at March 31, 2025 and Dec. 31, 2024, 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	$ 3,847	$ 3,647
Retained earnings	598	592
Accumulated other comprehensive loss	(1)	(1)
Total common stockholder's equity	4,444	4,238
Total liabilities and equity	11,134	10,801
Related Party
Current assets
Accounts receivable, net	144	139
Current liabilities
Accounts payable	259	233
Affiliated Entity
Current assets
Accounts receivable, net	12	20
Current liabilities
Accounts payable	$ 30	$ 27