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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 400 $ 289
Trade accounts and other receivables 940 1,002
Allowance for doubtful accounts (10) (6)
Trade accounts and other receivables – net 930 996
Inventories 105 125
Other current assets and deferred charges 130 170
Total current assets 1,565 1,580
Investments 5,179 6,235
Property, plant, and equipment 41,772 41,510
Accumulated depreciation and amortization (12,631) (12,310)
Property, plant, and equipment – net 29,141 29,200
Intangible assets – net of accumulated amortization 7,688 7,959
Regulatory assets, deferred charges, and other 1,056 1,066
Total assets 44,629 46,040
Current liabilities:    
Accounts payable 359 552
Accrued liabilities 1,129 1,276
Long-term debt due within one year 628 2,140
Total current liabilities 2,116 3,968
Long-term debt 21,848 20,148
Deferred income tax liabilities 1,602 1,782
Regulatory liabilities, deferred income, and other 3,804 3,778
Contingent liabilities (Note 12)
Stockholders’ equity:    
Preferred Stock 35 35
Common stock ($1 par value; 1,470 million shares authorized at March 31, 2020 and December 31, 2019; 1,248 million shares issued at March 31, 2020 and 1,247 million shares issued at December 31, 2019) 1,248 1,247
Capital in excess of par value 24,330 24,323
Retained deficit (12,013) (11,002)
Accumulated other comprehensive income (loss) (205) (199)
Treasury stock, at cost (35 million shares of common stock) (1,041) (1,041)
Total stockholders’ equity 12,354 13,363
Noncontrolling interests in consolidated subsidiaries 2,905 3,001
Total equity 15,259 16,364
Total liabilities and equity $ 44,629 $ 46,040