XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 11 $ 6
Accounts receivable, net 90 89
Accrued unbilled revenues 53 63
Inventories 24 29
Regulatory assets 23 24
Prepaid taxes 21 28
Prepayments and other 7 6
Total current assets 229 245
Property, Plant and Equipment, Net [Abstract]    
Property, plant and equipment, net 3,332 3,237
Other assets    
Regulatory assets 181 185
Other 3 3
Total other assets 184 188
Total assets 3,745 3,670
Current liabilities    
Current portion of long-term debt 200 200
Short-term debt 0 60
Borrowings under utility money pool arrangement 19 0
Dividends payable to parent 18 25
Regulatory liabilities 41 42
Taxes accrued 19 16
Accrued interest 13 13
Other 24 23
Total current liabilities 415 464
Deferred credits and other liabilities    
Deferred income taxes 336 330
Deferred investment tax credits 5 5
Regulatory liabilities 412 407
Customer advances 26 25
Pension and employee benefit obligations 20 27
Other 34 35
Total deferred credits and other liabilities 833 829
Commitments and contingencies
Capitalization    
Long-term debt 1,011 1,011
Common stock — 1,000,000 shares authorized of $100 par value; 933,000 shares outstanding at March 31, 2024 and Dec. 31, 2023, 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 $ 938 $ 843
Retained earnings 455 430
Total common stockholder's equity 1,486 1,366
Total liabilities and equity 3,745 3,670
Related Party    
Current liabilities    
Accounts payable 61 64
Affiliated Entity    
Current liabilities    
Accounts payable $ 20 $ 21