BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 56	$ 14
Accrued unbilled revenues	174	129
Inventories	78	71
Regulatory assets	16	43
Derivative instruments	140	67
Prepayments and other	396	295
Total current assets	1,083	778
Property, plant and equipment, net	10,121	9,251
Other assets
Regulatory assets	370	359
Operating lease right-of-use assets	345	371
Other	49	42
Total other assets	764	772
Total assets	11,968	10,801
Current liabilities
Short-term debt	0	145
Borrowings under utility money pool arrangement	0	7
Regulatory liabilities	182	142
Taxes accrued	83	51
Accrued interest	63	36
Dividends payable to parent	48	51
Operating lease liabilities	35	34
Other	231	222
Total current liabilities	986	948
Deferred credits and other liabilities
Deferred income taxes	798	765
Regulatory liabilities	785	768
Asset retirement obligations	172	167
Pension and employee benefit obligations	13	17
Operating lease liabilities	310	337
Other	13	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 Sept. 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	$ 4,202	$ 3,647
Retained earnings	644	592
Accumulated other comprehensive loss	(1)	(1)
Total common stockholder's equity	4,845	4,238
Total liabilities and equity	11,968	10,801
Nonrelated Party
Current assets
Accounts receivable, net	212	139
Current liabilities
Accounts payable	283	233
Affiliated Entity
Current assets
Accounts receivable, net	11	20
Current liabilities
Accounts payable	$ 61	$ 27