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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 2 $ 11
Accounts receivable, net 85 71
Accrued unbilled revenues 51 69
Other Receivables 1 3
Inventories 22 27
Regulatory assets 38 21
Prepaid taxes 19 25
Prepayments and other 9 7
Total current assets 227 234
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, net 2,701 2,660
Other assets    
Regulatory assets 208 225
Other Investments 3 3
Other 1 1
Total other assets 212 229
Total assets 3,140 3,123
Current liabilities    
Short-term debt 48 83
Accounts payable 45 69
Accounts payable to affiliates 21 23
Dividends payable to parent 21 26
Regulatory liabilities 14 4
Taxes accrued 25 10
Environmental liabilities 4 4
Accrued interest 10 10
Other 16 17
Total current liabilities 204 246
Deferred credits and other liabilities    
Deferred income taxes 326 325
Deferred investment tax credits 5 5
Regulatory liabilities 377 372
Environmental liabilities 13 14
Customer advances 24 23
Pension and employee benefit obligations 15 16
Other 31 32
Total deferred credits and other liabilities 791 787
Commitments and contingencies
Capitalization    
Long-term debt 987 987
Common stock — 1,000,000 shares authorized of $100 par value; 933,000 shares outstanding at March. 31, 2022 and Dec. 31, 2021, respectively $ 93 $ 93
Common stock, shares authorized (in shares) 1,000,000 1,000,000
Common stock, par value (in dollars per share) $ 100 $ 100
Common stock, shares outstanding (in shares) 933,000 933,000
Additional paid in capital $ 672 $ 642
Retained earnings 393 368
Total common stockholder's equity 1,158 1,103
Total liabilities and equity $ 3,140 $ 3,123