CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 165	$ 49
Accounts receivable, net	151	155
Accounts receivable from related companies	80	72
Inventories	169	163
Exchanges receivable	25	11
Current assets held for sale	136	184
Prepayments and other assets	149	120
Total current assets	875	754
Property, plant and equipment:
Plant in service	5,616	5,491
Construction work in progress	226	272
Property, plant and equipment, gross	5,842	5,763
Less: Accumulated depreciation and amortization	(165)	(105)
Net property, plant and equipment	5,677	5,658
Non-Current Assets Held for Sale	992	985
Deferred charges	69	65
Unconsolidated investments	114	115
Goodwill	2,364	2,364
Other Non-Current Assets	55	52
Total assets	10,146	9,993
Current liabilities:
Current maturities of long–term debt	256	259
Accounts payable and accrued liabilities	197	118
Accounts payable to related companies	148	110
Federal, state and local taxes payable	20	16
Accrued interest	41	32
Exchanges payable	146	133
Derivative instruments	18	18
Current liabilities held for sale	80	85
Other	40	108
Total current liabilities	946	879
Long–term debt, less current maturities	3,048	3,024
Deferred credits	335	330
Deferred Income Taxes	1,641	1,590
Non-current liabilities held for sale	142	142
Commitments and contingencies
Stockholders equity:
Premium on capital stock	4,079	4,079
Accumulated other comprehensive income (loss)	(25)	(25)
Retained earnings (accumulated deficit)	(20)	(26)
Total stockholders' equity	4,034	4,028
Total liabilities and stockholders' equity	$ 10,146	$ 9,993