XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 81 $ 2
Accounts receivable, net 80 84
Accrued unbilled revenues 50 74
Other receivables 12 19
Inventories 24 39
Regulatory assets 32 44
Prepaid taxes 28 27
Prepayments and other 5 11
Total current assets 312 300
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, net 3,055 2,914
Other assets    
Regulatory assets 187 193
Other 3 3
Total other assets 190 196
Total assets 3,557 3,410
Current liabilities    
Current portion of long-term debt 200 0
Short-term debt 0 47
Accounts payable 58 92
Dividends payable to parent 25 23
Regulatory liabilities 28 21
Taxes accrued 17 13
Accrued interest 12 12
Other 20 28
Total current liabilities 381 255
Deferred credits and other liabilities    
Deferred income taxes 331 333
Deferred investment tax credits 5 5
Regulatory liabilities 415 383
Customer advances 24 23
Pension and employee benefit obligations 21 23
Other 43 43
Total deferred credits and other liabilities 839 810
Commitments and contingencies
Capitalization    
Long-term debt 1,011 1,086
Common stock — 1,000,000 shares authorized of $100 par value; 933,000 shares outstanding at June 30, 2023 and Dec. 31, 2022, 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 $ 806 $ 761
Retained earnings 427 405
Total common stockholder's equity 1,326 1,259
Total liabilities and equity 3,557 3,410
Accounts payable 58 92
Related Party    
Current liabilities    
Accounts payable 21 19
Accounts payable $ 21 $ 19