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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 90 $ 74
Investment in equity securities 541 510
Accounts receivable 710 889
Accrued unbilled revenue, less allowance for credit losses 516 764
Natural gas and coal inventory 197 241
Materials and supplies 573 635
Non-trading derivative assets 0 10
Taxes receivable 94 20
Regulatory assets 161 1,385
Prepaid expenses and other current assets ($15 and $13 related to VIEs, respectively) 145 171
Total current assets 3,027 4,699
Property, Plant and Equipment:    
Property, plant and equipment 40,396 37,728
Accumulated Depreciation & Amortization 10,543 10,585
Property, plant and equipment, net 29,853 27,143
Other Assets:    
Goodwill 4,160 4,294
Regulatory assets 2,513 2,193
Non-trading derivative assets 0 2
Other non-current assets 162 215
Total other assets 6,835 6,704
Total Assets 39,715 38,546
Current Liabilities:    
Short-term borrowings 4 511
Current portion of VIE Securitization Bonds long-term debt 178 156
Indexed debt, net 5 7
Current portion of other long-term debt 872 1,346
Indexed debt securities derivative 605 578
Accounts payable 917 1,352
Taxes accrued 291 298
Interest accrued 236 159
Dividends accrued 126 144
Customer deposits 111 110
Non-trading derivative liabilities 9 0
Other 510 452
Total current liabilities 3,864 5,113
Other Liabilities:    
Deferred income taxes, net 4,079 3,986
Non-trading derivative liabilities 3 0
Benefit obligations 572 547
Regulatory liabilities 3,208 3,245
Other 763 774
Total other liabilities 8,625 8,552
Long-term Debt, net:    
VIE Securitization Bonds, net 320 161
Other long-term debt, net 17,239 14,675
Total long-term debt, net 17,559 14,836
Commitments and Contingencies (Note 15) 
Temporary Equity (Note 18) 0 3
Shareholders’ Equity:    
Cumulative preferred stock 0 790
Common stock 6 6
Additional paid-in capital 8,604 8,568
Retained earnings 1,092 709
Accumulated other comprehensive loss (35) (31)
Total shareholders’ equity 9,667 10,042
Total Liabilities and Shareholders’ Equity $ 39,715 $ 38,546