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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 64 $ 2
Accounts receivable, net 74 84
Accrued unbilled revenues 51 74
Other receivables 0 19
Inventories 29 39
Regulatory assets 28 44
Prepaid taxes 22 27
Prepayments and other 6 11
Total current assets 274 300
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, net 3,155 2,914
Other assets    
Regulatory assets 181 193
Other 3 3
Total other assets 184 196
Total assets 3,613 3,410
Current liabilities    
Current portion of long-term debt 200 0
Short-term debt 0 47
Dividends payable to parent 24 23
Regulatory liabilities 47 21
Taxes accrued 20 13
Accrued interest 13 12
Other 20 28
Total current liabilities 420 255
Deferred credits and other liabilities    
Deferred income taxes 324 333
Deferred investment tax credits 5 5
Regulatory liabilities 417 383
Customer advances 25 23
Pension and employee benefit obligations 22 23
Other 42 43
Total deferred credits and other liabilities 835 810
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 Sept. 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 $ 820 $ 761
Retained earnings 434 405
Total common stockholder's equity 1,347 1,259
Total liabilities and equity 3,613 3,410
Related Party    
Current liabilities    
Accounts payable 70 92
Affiliated Entity    
Current liabilities    
Accounts payable $ 26 $ 19