XML 36 R6.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 734 $ 291
Restricted cash (includes $201 million and $4 million related to VIEs at respective dates) 213 16
Accounts receivable    
Customers (net of allowance for doubtful accounts of $166 million and $171 million at respective dates) (includes $2.47 billion and $2.06 billion related to VIEs, net of allowance for doubtful accounts of $166 million and $171 million at respective dates) 2,645 2,345
Accrued unbilled revenue (includes $1.16 billion and $1.09 billion related to VIEs at respective dates) 1,304 1,207
Regulatory balancing accounts 3,264 2,999
Other 1,624 1,784
Regulatory assets 296 496
Inventories    
Gas stored underground and fuel oil 91 44
Materials and supplies 751 552
Wildfire Fund asset 460 461
Other 1,433 882
Total current assets 12,815 11,077
Property, Plant, and Equipment    
Electric 74,772 69,482
Gas 28,226 25,979
Construction work in progress 4,137 3,479
Financing lease and other 19 20
Total property, plant, and equipment 107,154 98,960
Accumulated depreciation (30,946) (29,134)
Net property, plant, and equipment 76,208 69,826
Other Noncurrent Assets    
Regulatory assets 16,443 9,207
Customer credit trust 745 0
Nuclear decommissioning trusts 3,297 3,798
Operating lease right of use asset 1,311 1,234
Wildfire Fund asset 4,847 5,313
Income taxes receivable 9 9
Other (includes noncurrent accounts receivable of $17 million and $187 million related to VIEs, net of noncurrent allowance for doubtful accounts of $1 million and $15 million at respective dates) 2,969 2,863
Total other noncurrent assets 29,621 22,424
TOTAL ASSETS 118,644 103,327
Current Liabilities    
Short-term borrowings 2,055 2,184
Long-term debt, classified as current (includes $168 million and $18 million related to VIEs at respective dates) 2,268 4,481
Accounts payable    
Trade creditors 2,888 2,855
Regulatory balancing accounts 1,658 1,121
Other 778 679
Operating lease liabilities 231 468
Interest payable (includes $116 million and $3 million related to VIEs at respective dates) 626 481
Wildfire-related claims 1,912 2,722
Other 3,372 2,436
Total current liabilities 15,788 17,427
Noncurrent Liabilities    
Long-term debt (includes $10.31 billion and $1.82 billion related to VIEs at respective dates) 47,742 38,225
Regulatory liabilities 17,630 11,999
Pension and other postretirement benefits 231 860
Asset retirement obligations 5,912 5,298
Deferred income taxes 2,732 3,177
Operating lease liabilities 1,243 810
Other 4,291 4,308
Total noncurrent liabilities 79,781 64,677
Shareholders’ Equity    
Common stock, no par value, authorized 3,600,000,000 and 3,600,000,000 shares at respective dates; 1,987,784,948 and 1,985,400,540 shares outstanding at respective dates 32,887 35,129
Treasury stock, at cost; 247,743,590 and 477,743,590 shares at respective dates (2,517) (4,854)
Reinvested earnings (7,542) (9,284)
Accumulated other comprehensive loss (5) (20)
Total shareholders’ equity 22,823 20,971
Noncontrolling Interest - Preferred Stock of Subsidiary 252 252
Total equity 23,075 21,223
TOTAL LIABILITIES AND EQUITY $ 118,644 $ 103,327