CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 1	$ 11
Accounts receivable, net	73	71
Accrued unbilled revenues	50	69
Other receivables	12	3
Inventories	28	27
Regulatory assets	46	21
Prepaid taxes	26	25
Prepayments and other	5	7
Total current assets	241	234
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, net	2,752	2,660
Other assets
Regulatory assets	196	225
Other	5	4
Total other assets	201	229
Total assets	3,194	3,123
Current liabilities
Short-term debt	0	83
Borrowings under utility money pool arrangement	67	0
Accounts payable	62	69
Accounts payable to affiliates	19	23
Dividends payable to parent	19	26
Regulatory liabilities	15	4
Taxes accrued	13	10
Accrued interest	10	10
Other	23	21
Total current liabilities	228	246
Deferred credits and other liabilities
Deferred income taxes	329	325
Deferred investment tax credits	5	5
Regulatory liabilities	380	372
Customer advances	22	23
Pension and employee benefit obligations	14	16
Other	45	46
Total deferred credits and other liabilities	795	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 June 30, 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	$ 702	$ 642
Retained earnings	389	368
Total common stockholder's equity	1,184	1,103
Total liabilities and equity	$ 3,194	$ 3,123