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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents ($205 and $264 related to VIEs, respectively) $ 205 $ 264
Accounts and notes receivable ($63 and $64 related to VIEs, respectively), less bad debt reserve of $1 and $1, respectively 219 234
Accounts and notes receivable–affiliated companies 72 16
Accrued unbilled revenues 85 96
Inventory 129 133
Taxes receivable 0 59
Other ($39 and $35 related to VIEs, respectively) 52 63
Total current assets 762 865
Property, Plant and Equipment:    
Property, plant and equipment 10,316 10,142
Less: accumulated depreciation and amortization 3,266 3,209
Property, plant and equipment, net 7,050 6,933
Other Assets:    
Regulatory assets ($2,279 and $2,373 related to VIEs, respectively) 2,133 2,211
Other 15 16
Total other assets 2,148 2,227
Total Assets 9,960 10,025
Current Liabilities:    
Current portion of VIE securitization bonds long-term debt 400 391
Accounts payable 124 153
Accounts and notes payable–affiliated companies 497 348
Taxes accrued 64 100
Interest accrued 54 70
Other 79 69
Total current liabilities 1,218 1,131
Other Liabilities:    
Deferred income taxes, net 2,032 2,032
Benefit obligations 191 192
Regulatory liabilities 527 542
Other 60 59
Total other liabilities 2,810 2,825
Long-term Debt:    
VIE securitization bonds 2,122 2,276
Other 2,192 2,192
Total long-term debt $ 4,314 $ 4,468
Commitments and Contingencies (Note 8)
Member’s Equity:    
Common stock $ 0 $ 0
Paid-in capital 1,322 1,322
Retained earnings 296 279
Total member’s equity 1,618 1,601
Total Liabilities and Member’s Equity $ 9,960 $ 10,025