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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents ($340 and $264 related to VIEs, respectively) $ 341 $ 264
Accounts and notes receivable, net ($52 and $64 related to VIEs, respectively), less bad debt reserve of $1 and $1, respectively 225 234
Accounts and notes receivable—affiliated companies 101 16
Accrued unbilled revenues 106 96
Inventory 134 133
Taxes receivable 6 59
Other ($40 and $35 related to VIEs, respectively) 66 63
Total current assets 979 865
Property, Plant and Equipment, net 7,397 6,933
Other Assets:    
Regulatory assets ($1,919 and $2,373 related to VIEs, respectively) 1,793 2,211
Other 42 16
Total other assets 1,835 2,227
Total Assets 10,211 10,025
Current Liabilities:    
Current portion of VIE Securitization Bonds long-term debt 411 391
Accounts payable 145 153
Accounts and notes payable—affiliated companies 88 348
Taxes accrued 106 100
Interest accrued 68 70
Other 90 69
Total current liabilities 908 1,131
Other Liabilities:    
Deferred income taxes, net 2,003 2,032
Benefit obligations 148 192
Regulatory liabilities 530 542
Other 51 59
Total other liabilities 2,732 2,825
Long-Term Debt, net:    
VIE Securitization Bonds, net 1,867 2,276
Other long-term debt, net 2,587 2,192
Total long-term debt, net 4,454 4,468
Commitments and Contingencies (Note 10)
Member’s Equity:    
Common stock 0 0
Paid-in capital 1,696 1,322
Retained earnings 420 279
Accumulated other comprehensive income 1 0
Total member’s equity 2,117 1,601
Total Liabilities and Member’s Equity $ 10,211 $ 10,025