CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 2	$ 11
Accounts receivable, net	84	71
Accrued unbilled revenues	74	69
Other receivables	19	3
Inventories	39	27
Regulatory assets	44	21
Prepaid taxes	27	25
Prepayments and other	11	7
Total current assets	300	234
Property, Plant and Equipment, Net	2,914	2,660
Other assets
Regulatory assets	193	225
Other	3	4
Total other assets	196	229
Total assets	3,410	3,123
Current liabilities
Short-term debt	47	83
Accounts payable	92	69
Accounts payable to affiliates	19	23
Dividends payable to parent	23	26
Regulatory liabilities	21	4
Taxes accrued	13	10
Accrued interest	12	10
Other	28	21
Total current liabilities	255	246
Deferred credits and other liabilities
Deferred income taxes	333	325
Deferred investment tax credits	5	5
Regulatory liabilities	383	372
Customer advances	23	23
Pension and employee benefit obligations	23	16
Other	43	46
Total deferred credits and other liabilities	810	787
Commitments and contingencies
Capitalization
Long-term debt	1,086	987
Common stock — 1,000,000 shares authorized of $100 par value; 933,000 shares outstanding at Dec. 31, 2022 and Dec. 31, 2021, respectively	93	93
Additional paid in capital	761	642
Retained earnings	405	368
Total common stockholder's equity	1,259	1,103
Total liabilities and equity	$ 3,410	$ 3,123