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Consolidated Balance Sheets (Unaudited) - SPPC - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,432 $ 1,096
Inventories 1,091 1,122
Regulatory assets 627 544
Other current assets 815 1,096
Total current assets 8,504 8,248
Regulatory assets 3,458 3,419
Other assets 3,181 3,144
Total assets 131,469 132,065
Current liabilities:    
Accounts payable 1,820 2,136
Accrued property, income and other taxes 606 606
Short-term debt 1,849 2,009
Other current liabilities 1,647 1,837
Total current liabilities 8,458 8,762
Regulatory liabilities 7,063 6,960
Deferred income taxes 12,786 12,938
Other long-term liabilities 4,327 4,319
Total liabilities 81,045 81,476
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 6,374 6,374
Retained earnings 40,608 40,754
Accumulated other comprehensive loss, net (1,358) (1,340)
Total shareholder's equity, parent 46,530 46,694
Total liabilities and equity 131,469 132,065
SPPC    
Current assets:    
Cash and cash equivalents 15 10
Trade receivables, net 120 128
Inventories 71 65
Regulatory assets 164 177
Other current assets 36 35
Total current assets 406 415
Property, plant and equipment, net 3,386 3,340
Regulatory assets 282 263
Other assets 205 205
Total assets 4,279 4,223
Current liabilities:    
Accounts payable 125 147
Accrued property, income and other taxes 28 16
Short-term debt 57 159
Regulatory liabilities 20 19
Customer deposits 16 15
Derivative contracts 28 16
Other current liabilities 39 42
Total current liabilities 313 414
Long-term debt, carrying value 1,164 1,164
Regulatory liabilities 440 444
Deferred income taxes 401 402
Other long-term liabilities 268 264
Total liabilities 2,586 2,688
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 1,241 1,111
Retained earnings 453 425
Accumulated other comprehensive loss, net (1) (1)
Total shareholder's equity, parent 1,693 1,535
Total liabilities and equity $ 4,279 $ 4,223