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Balance Sheets (Unaudited) - MEC - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 963 $ 1,591
Inventories 1,299 1,256
Other current assets 1,202 1,345
Total current assets 11,325 11,002
Regulatory assets 3,945 3,743
Investments and restricted cash and cash equivalents and investments 10,825 11,273
Other assets 3,273 3,290
Total assets 134,454 133,840
Current liabilities:    
Accounts payable 2,109 2,679
Accrued interest 701 558
Accrued property, income and other taxes 625 746
Current portion of long-term debt 3,090 3,201
Other current liabilities 1,720 1,677
Total current liabilities 10,415 10,313
Regulatory liabilities 6,578 7,070
Deferred income taxes 12,705 12,678
Other long-term liabilities 5,045 4,706
Total liabilities 82,803 83,201
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 6,298 6,298
Retained earnings 42,814 41,833
Total shareholder's equity, parent 47,853 46,832
Total liabilities and equity 134,454 133,840
MEC    
Current assets:    
Cash and cash equivalents 57 258
Trade receivables, net 387 536
Income tax receivable 275 42
Inventories 280 277
Prepayments 123 91
Other current assets 36 66
Total current assets 1,158 1,270
Property, plant and equipment, net 20,981 21,091
Regulatory assets 571 550
Investments and restricted cash and cash equivalents and investments 942 902
Other assets 155 165
Total assets 23,807 23,978
Current liabilities:    
Accounts payable 395 536
Accrued interest 88 85
Accrued property, income and other taxes 142 170
Current portion of long-term debt 310 317
Other current liabilities 106 93
Total current liabilities 1,041 1,201
Long-term debt 7,412 7,412
Regulatory liabilities 836 1,119
Deferred income taxes 3,452 3,433
Asset retirement obligations 778 683
Other long-term liabilities 500 485
Total liabilities 14,019 14,333
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 561 561
Retained earnings 9,227 9,084
Total shareholder's equity, parent 9,788 9,645
Total liabilities and equity $ 23,807 $ 23,978