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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 555 $ 230
Investment in equity securities 658 1,439
Accounts receivable, less allowance for credit losses 783 690
Accrued unbilled revenues 316 513
Natural gas and coal inventory 152 186
Materials and supplies 484 422
Non-trading derivative assets 26 9
Taxes receivable 3 1
Current assets held for sale 0 2,338
Regulatory assets 1,350 1,395
Prepaid expenses and other current assets 116 132
Total current assets 4,443 7,355
Property, Plant and Equipment:    
Property, plant and equipment 35,436 33,673
Less: accumulated depreciation and amortization 10,421 10,189
Property, plant and equipment, net 25,015 23,484
Other Assets:    
Goodwill 4,294 4,294
Regulatory assets 2,229 2,321
Non-trading derivative assets 6 5
Other non-current assets 229 220
Total other assets 6,758 6,840
Total Assets 36,216 37,679
Current Liabilities:    
Short-term borrowings 7 7
Current portion of VIE Securitization Bonds long-term debt 185 220
Indexed debt, net 8 10
Current portion of other long-term debt 1,579 308
Indexed debt securities derivative 732 903
Accounts payable 1,033 1,196
Taxes accrued 249 378
Interest accrued 144 136
Dividends accrued 0 131
Customer deposits 110 111
Non-trading derivative liabilities 0 2
Current liabilities held for sale 0 562
Other current liabilities 271 323
Total current liabilities 4,318 4,287
Other Liabilities:    
Deferred income taxes, net 3,954 3,904
Non-trading derivative liabilities 0 12
Benefit obligations 574 511
Regulatory liabilities 3,269 3,153
Other non-current liabilities 839 836
Total other liabilities 8,636 8,416
Long-term Debt:    
VIE Securitization Bonds, net 240 317
Other long-term debt, net 12,997 15,241
Total long-term debt, net 13,237 15,558
Commitments and Contingencies (Note 13)
Temporary Equity (Note 18) 2 3
Shareholders’ Equity:    
Preferred stock 790 790
Additional paid-in capital 8,544 8,529
Retained earnings 768 154
Accumulated other comprehensive loss (85) (64)
Total shareholders’ equity 10,023 9,415
Total Liabilities and Shareholders’ Equity 36,216 37,679
Variable Interest Entity, Primary Beneficiary    
Current Assets:    
Cash and cash equivalents 78 92
Accounts receivable, less allowance for credit losses 37 29
Prepaid expenses and other current assets 18 19
Other Assets:    
Regulatory assets $ 318 $ 420