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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 230 $ 147
Investment in equity securities 1,439 871
Accounts receivable, less allowance for credit losses 690 676
Accrued unbilled revenue, less allowance for credit losses 513 505
Natural gas and coal inventory 186 203
Materials and supplies 422 297
Non-trading derivative assets 9 0
Taxes receivable 1 82
Current assets held for sale 2,338 0
Regulatory assets 1,395 18
Prepaid expense and other current assets ($19 and $15 related to VIEs, respectively) 132 121
Total current assets 7,355 2,920
Property, Plant and Equipment, net 23,484 22,362
Other Assets:    
Goodwill 4,294 4,697
Regulatory assets ($420 and $633 related to VIEs, respectively) 2,321 2,094
Non-trading derivative assets 5 0
Preferred units - unconsolidated affiliate 0 363
Non-current assets held for sale 0 782
Other non-current assets 220 253
Total other assets 6,840 8,189
Total Assets 37,679 33,471
Current Liabilities:    
Short-term borrowings 7 24
Current portion of VIE Securitization Bonds long-term debt 220 211
Indexed debt, net 10 15
Current portion of other long-term debt 308 1,669
Indexed debt securities derivative 903 953
Accounts payable 1,196 853
Taxes accrued 378 265
Interest accrued 136 145
Dividends accrued 131 136
Customer deposits 111 119
Non-trading derivative liabilities 2 3
Current liabilities held for sale 562 0
Other 323 432
Total current liabilities 4,287 4,825
Other Liabilities:    
Deferred income taxes, net 3,904 3,603
Non-trading derivative liabilities 12 27
Benefit obligations 511 680
Regulatory liabilities 3,153 3,448
Other 836 1,019
Total other liabilities 8,416 8,777
Long-term Debt:    
VIE Securitization Bonds, net 317 536
Other long-term debt, net 15,241 10,985
Total long-term debt, net 15,558 11,521
Commitments and Contingencies (Note 16) 
Temporary Equity (Note 19) 3 0
Shareholders’ Equity:    
Cumulative preferred stock 790 2,363
Common stock 6 6
Additional paid-in capital 8,529 6,914
Retained earnings (accumulated deficit) 154 (845)
Accumulated other comprehensive loss (64) (90)
Total shareholders’ equity 9,415 8,348
Total Liabilities and Shareholders’ Equity $ 37,679 $ 33,471