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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents ($220 and $109 related to VIEs at December 31, 2011 and March 31, 2012, respectively) $ 995 $ 220
Accounts and notes receivable, net ($52 and $64 related to VIEs at December 31, 2011 and March 31, 2012, respectively) 208 201
Accounts and notes receivable—affiliated companies 22 1,027
Accrued unbilled revenues 62 72
Inventory 83 80
Taxes receivable 0 2
Deferred tax asset 3 3
Other ($42 and $56 related to VIEs at December 31, 2011 and March 31, 2012, respectively) 76 65
Total current assets 1,449 1,670
Property, Plant and Equipment:    
Property, plant and equipment 7,927 7,827
Less accumulated depreciation and amortization 2,812 2,784
Property, Plant and Equipment, net 5,115 5,043
Other Assets:    
Regulatory assets ($2,289 and $3,899 related to VIEs at December 31, 2011 and March 31, 2012, respectively) 3,646 3,726
Notes receivable—affiliated companies 750 750
Other 44 35
Total other assets 4,440 4,511
Total Assets 11,004 11,224
Current Liabilities:    
Current portion of VIE transition and system restoration bonds long-term debt 380 307
Current portion of other long-term debt 496 46
Accounts payable 85 113
Accounts and notes payable—affiliated companies 31 32
Taxes accrued 62 101
Interest accrued 47 96
Other 90 98
Total current liabilities 1,191 793
Other Liabilities:    
Accumulated deferred income taxes, net 2,137 2,113
Benefit obligations 251 252
Regulatory liabilities 460 441
Notes payable—affiliated companies 151 151
Other 45 78
Total other liabilities 3,044 3,035
Long-Term Debt:    
VIE transition and system restoration bonds 3,686 2,215
Other 1,597 2,047
Total long-term debt 5,283 4,262
Commitments And Contingencies (Note 8)      
Member’s Equity:    
Common stock 0 0
Paid-in capital 1,231 1,230
Retained earnings 255 1,904
Total member’s equity 1,486 3,134
Total Liabilities and Member’s Equity $ 11,004 $ 11,224