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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Property, plant and equipment    
Utility plant, at original costs $ 14,749 $ 14,433
Accumulated depreciation (3,432) (3,348)
Utility plant, net 11,317 11,085
Other property 19 18
Total property, plant and equipment, net 11,336 11,103
Current assets    
Cash and cash equivalents 8 4
Receivables, less allowance for credit losses of $1 and $1 at March 31, 2025 and December 31, 2024, respectively 228 220
Inventories, at average cost    
Regulatory assets 411 343
Prepayments and other current assets 29 32
Total current assets 941 848
Other assets    
Regulatory assets 1,020 1,098
Other 65 58
Total other assets 1,085 1,156
Total assets 13,362 13,107
Capitalization    
Common stock 5,255 5,105
Accumulated other comprehensive loss (1) (1)
Retained earnings 248 218
Total capital 5,502 5,322
Long-term debt 4,529 3,935
Total capitalization 10,031 9,257
Current liabilities    
Notes payable 158 636
Accounts payable 604 666
Customer deposits 126 126
Regulatory liabilities 129 146
Accrued interest 46 31
Accrued taxes 34 12
Other 69 58
Total current liabilities 1,175 1,693
Long-term liabilities    
Deferred income taxes 984 976
Regulatory liabilities 730 758
Investment tax credits 230 224
Deferred credits and other liabilities 212 199
Total long-term liabilities 2,156 2,157
Commitments and Contingencies (see Note 8)
Total liabilities and capitalization 13,362 13,107
Related Party [Member]    
Current assets    
Due from affiliates 24 13
Current liabilities    
Due to affiliates 9 18
Fuel [Member]    
Inventories, at average cost    
Utility inventories 40 45
Materials and Supplies [Member]    
Inventories, at average cost    
Utility inventories $ 201 $ 191