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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents ($230 and $340 related to VIEs, respectively) $ 238 $ 341
Accounts and notes receivable, net ($73 and $52 related to VIEs, respectively), less bad debt reserve of $1 and $1, respectively 284 225
Accounts and notes receivable—affiliated companies 7 101
Accrued unbilled revenues 120 106
Inventory 119 134
Taxes receivable 0 6
Other ($35 and $40 related to VIEs, respectively) 62 66
Total current assets 830 979
Property, Plant and Equipment, net 7,863 7,397
Other Assets:    
Regulatory assets ($1,590 and $1,919 related to VIEs, respectively) 1,570 1,793
Other 29 42
Total other assets 1,599 1,835
Total Assets 10,292 10,211
Current Liabilities:    
Current portion of VIE Securitization Bonds long-term debt 434 411
Accounts payable 243 145
Accounts and notes payable—affiliated companies 104 88
Taxes accrued 116 106
Interest accrued 65 68
Other 120 90
Total current liabilities 1,082 908
Other Liabilities:    
Deferred income taxes, net 1,059 2,003
Benefit obligations 146 148
Regulatory liabilities 1,263 530
Other 54 51
Total other liabilities 2,522 2,732
Long-Term Debt, net:    
VIE Securitization Bonds, net 1,434 1,867
Other long-term debt, net 2,885 2,587
Total long-term debt, net 4,319 4,454
Commitments and Contingencies (Note 10)
Member’s Equity:    
Common stock 0 0
Paid-in capital 1,696 1,696
Retained earnings 673 420
Accumulated other comprehensive income 0 1
Total member’s equity 2,369 2,117
Total Liabilities and Member’s Equity $ 10,292 $ 10,211