BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 457	$ 14
Accrued unbilled revenues	174	129
Inventories	76	71
Regulatory assets	26	43
Derivative instruments	184	67
Prepaid taxes	4	6
Prepayments and other	282	289
Total current assets	1,383	778
Property, plant and equipment, net	9,783	9,251
Other assets
Regulatory assets	364	359
Operating lease right-of-use assets	354	371
Other	47	42
Total other assets	765	772
Total assets	11,931	10,801
Current liabilities
Short-term debt	0	145
Borrowings under utility money pool arrangement	0	7
Regulatory liabilities	231	142
Taxes accrued	44	51
Accrued interest	41	36
Dividends payable to parent	53	51
Operating lease liabilities	35	34
Other	202	222
Total current liabilities	948	948
Deferred credits and other liabilities
Deferred income taxes	787	765
Regulatory liabilities	792	768
Asset retirement obligations	170	167
Pension and employee benefit obligations	13	17
Operating lease liabilities	319	337
Other	10	10
Total deferred credits and other liabilities	2,091	2,064
Capitalization
Long-term debt	4,046	3,551
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at June 30, 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	$ 4,200	$ 3,647
Retained earnings	647	592
Accumulated other comprehensive loss	(1)	(1)
Total common stockholder's equity	4,846	4,238
Total liabilities and equity	11,931	10,801
Nonrelated Party
Current assets
Accounts receivable, net	164	139
Current liabilities
Accounts payable	293	233
Affiliated Entity
Current assets
Accounts receivable, net	16	20
Current liabilities
Accounts payable	$ 49	$ 27