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CONSOLIDATED BALANCE SHEETS - HOUSTON ELECTRIC - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Restricted cash included in Prepaid expenses and other current assets $ 74 $ 230
Accrued unbilled revenue, less allowance for credit losses 764 513
Prepaid expenses and other current assets 171 132
Total current assets 4,699 7,355
Property, Plant and Equipment, net 27,143 23,484
Other Assets:    
Total Non-Current Regulatory Assets 2,193 2,321
Other non-current assets 215 220
Total other assets 6,704 6,840
Total Assets 38,546 37,679
Current Liabilities:    
Current portion of VIE Securitization Bonds long-term debt 156 220
Current portion of other long-term debt 1,346 308
Accounts payable 1,352 1,196
Taxes accrued 298 378
Interest accrued 159 136
Other current liabilities 452 323
Total current liabilities 5,113 4,287
Other Liabilities:    
Deferred income taxes, net 3,986 3,904
Benefit obligations 547 511
Regulatory liabilities 3,245 3,153
Other 774 836
Total other liabilities 8,552 8,416
Long-term Debt, net:    
VIE Securitization Bonds, net 161 317
Other long-term debt, net 14,675 15,241
Total long-term debt, net 14,836 15,558
Commitments and Contingencies (Note 15) 
Shareholders’ Equity:    
Common stock 6 6
Additional paid-in capital 8,568 8,529
Retained earnings 709 154
Total shareholders’ equity 10,042 9,415
Total Liabilities and Shareholders’ Equity 38,546 37,679
Houston Electric    
Current Assets:    
Restricted cash included in Prepaid expenses and other current assets 75 214
Accounts and notes receivable, net 311 263
Accounts and notes receivable—affiliated companies 21 11
Accrued unbilled revenue, less allowance for credit losses 142 127
Materials and supplies 471 292
Prepaid expenses and other current assets 41 49
Total current assets 1,061 956
Property, Plant and Equipment, net 13,461 11,203
Other Assets:    
Total Non-Current Regulatory Assets 778 789
Other non-current assets 39 32
Total other assets 817 821
Total Assets 15,339 12,980
Current Liabilities:    
Current portion of VIE Securitization Bonds long-term debt 156 220
Current portion of other long-term debt 0 300
Accounts payable 413 510
Accounts payable - affiliated companies 755 568
Taxes accrued 150 193
Interest accrued 83 74
Other current liabilities 88 91
Total current liabilities 1,645 1,956
Other Liabilities:    
Deferred income taxes, net 1,229 1,122
Benefit obligations 38 55
Regulatory liabilities 1,155 1,152
Other 77 98
Total other liabilities 2,499 2,427
Long-term Debt, net:    
VIE Securitization Bonds, net 161 317
Other long-term debt, net 6,036 4,658
Total long-term debt, net 6,197 4,975
Commitments and Contingencies (Note 15) 
Shareholders’ Equity:    
Common stock 0 0
Additional paid-in capital 3,860 2,678
Retained earnings 1,138 944
Total shareholders’ equity 4,998 3,622
Total Liabilities and Shareholders’ Equity $ 15,339 $ 12,980