CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 2
Accounts receivable, net	70	$ 59
Accrued unbilled revenues	53	53
Other receivables	1	0
Inventories	15	16
Regulatory assets	19	72
Prepaid taxes	24	23
Prepayments and other	7	5
Total current assets	191	229
Property, Plant and Equipment, Net	2,484	2,359
Other assets
Regulatory assets	215	224
Other investments	3	3
Other	1	1
Total other assets	219	228
Total assets	2,894	2,816
Current liabilities
Current portion of long-term debt	19	0
Short-term debt	19	65
Accounts payable	41	54
Accounts payable to affiliates	15	19
Dividends payable to parent	19	15
Regulatory liabilities	31	79
Taxes accrued	12	7
Environmental liabilities	4	6
Accrued interest	10	9
Other	15	20
Total current liabilities	185	274
Deferred credits and other liabilities
Deferred income taxes	307	298
Deferred investment tax credits	6	7
Regulatory liabilities	350	371
Environmental liabilities	16	18
Customer advances	20	19
Pension and employee benefit obligations	28	33
Other	27	21
Total deferred credits and other liabilities	754	767
Commitments and contingencies
Capitalization
Long-term debt	887	808
Common stock — 1,000,000 shares authorized of $100 par value; 933,000 shares outstanding at Dec. 31, 2020 and Dec. 31, 2019, respectively	93	93
Additional paid in capital	605	537
Retained earnings	370	337
Total common stockholder's equity	1,068	967
Total liabilities and equity	$ 2,894	$ 2,816