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Consolidated Balance Sheets Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 188 $ 53
Accounts receivable, net 668 700
Inventories:    
Materials and supplies 218 213
Fuel 218 241
Deferred income taxes 15 66
Regulatory assets 122 94
Other current assets 71 75
Total current assets 1,500 1,442
Property, plant and equipment, net 18,635 18,507
Regulatory assets 1,228 1,290
Other assets 451 420
Total assets 21,814 21,659
Current liabilities:    
Accounts payable 441 504
Income taxes payable 40 22
Accrued employee expenses 114 79
Accrued interest 115 110
Accrued property and other taxes 91 58
Current portion of long-term debt and capital lease obligations 226 238
Regulatory liabilities 30 55
Other current liabilities 190 208
Total current liabilities 1,247 1,274
Regulatory liabilities 906 879
Long-term debt and capital lease obligations 7,051 6,639
Deferred income taxes 4,413 4,359
Other long-term liabilities 696 721
Total liabilities 14,313 13,872
Commitments and contingencies (Note 8)      
Shareholders' equity:    
Preferred stock 2 2
Common stock - 750 shares authorized, no par value, 357 shares issued and outstanding 0 0
Additional paid-in capital 4,479 4,479
Retained earnings 3,029 3,315
Accumulated other comprehensive loss, net (9) (9)
Total shareholders' equity 7,501 7,787
Total liabilities and shareholders' equity $ 21,814 $ 21,659