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Balance Sheets (Unaudited) - MEC - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,081 $ 1,096
Income tax receivable 25 344
Inventories 1,163 1,122
Other current assets 1,294 1,284
Total current assets 9,360 8,248
Regulatory assets 3,481 3,419
Investments and restricted cash, cash equivalents and investments 16,728 15,788
Other assets 3,372 3,144
Total assets 135,295 132,065
Current liabilities:    
Accounts payable 2,290 2,136
Accrued interest 557 537
Accrued property, income and other taxes 789 606
Current portion of long-term debt 2,069 1,265
Other current liabilities 1,802 1,837
Total current liabilities 9,912 8,762
Regulatory liabilities 7,028 6,960
Deferred income taxes 13,394 12,938
Other long-term liabilities 4,722 4,319
Total liabilities 84,104 81,476
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 6,298 6,374
Retained earnings 42,688 40,754
Total shareholder's equity, parent 47,304 46,694
Total liabilities and equity 135,295 132,065
MEC    
Current assets:    
Cash and cash equivalents 495 232
Trade receivables, net 525 526
Income tax receivable 19 79
Inventories 226 234
Other current assets 186 123
Total current assets 1,451 1,194
Property, plant and equipment, net 20,504 20,301
Regulatory assets 509 473
Investments and restricted cash, cash equivalents and investments 893 1,026
Other assets 278 263
Total assets 23,635 23,257
Current liabilities:    
Accounts payable 415 531
Accrued interest 84 84
Accrued property, income and other taxes 206 158
Current portion of long-term debt 64 0
Other current liabilities 181 145
Total current liabilities 950 918
Long-term debt 7,661 7,721
Regulatory liabilities 1,026 1,080
Deferred income taxes 3,413 3,389
Asset retirement obligations 698 714
Other long-term liabilities 476 475
Total liabilities 14,224 14,297
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 561 561
Retained earnings 8,850 8,399
Total shareholder's equity, parent 9,411 8,960
Total liabilities and equity $ 23,635 $ 23,257