XML 25 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents ($188 and $207 related to VIEs, respectively) $ 188 $ 207
Accounts and notes receivable ($94 and $60 related to VIEs, respectively), less bad debt reserve of $3 and $3, respectively 320 261
Accounts and notes receivable—affiliated companies 87 5
Accrued unbilled revenues 104 87
Inventory 114 105
Taxes receivable 8 0
Deferred tax asset 3 3
Other ($51 and $41 related to VIEs, respectively) 60 65
Total current assets 884 733
Property, Plant and Equipment:    
Property, plant and equipment 9,044 8,741
Less: accumulated depreciation and amortization 2,989 2,907
Property, plant and equipment, net 6,055 5,834
Regulatory assets ($2,971 and $3,179 related to VIEs, respectively) 2,820 2,999
Other 53 43
Total other assets 2,873 3,042
Total Assets 9,812 9,609
Current Liabilities:    
Current portion of VIE transition and system restoration bonds long-term debt 363 354
Accounts payable 142 137
Accounts and notes payable—affiliated companies 120 80
Taxes accrued 54 144
Interest accrued 86 75
Other 92 128
Total current liabilities 857 918
Other Liabilities:    
Deferred Tax Liabilities, Net, Noncurrent 1,960 2,035
Benefit obligations 227 227
Regulatory liabilities 540 509
Other 50 46
Total other liabilities 2,777 2,817
Long-term Debt:    
VIE transition and system restoration bonds 2,847 3,046
Other 2,006 1,595
Total long-term debt 4,853 4,641
Commitments and Contingencies (Note 8)      
Member’s Equity:    
Common stock 0 0
Paid-in capital 1,232 1,232
Retained earnings 93 1
Total member’s equity 1,325 1,233
Total Liabilities and Member’s Equity $ 9,812 $ 9,609