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Consolidated Balance Sheets (Unaudited) - SPPC - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 963 $ 1,591
Inventories 1,299 1,256
Regulatory assets 1,612 1,319
Other current assets 1,202 1,345
Total current assets 11,325 11,002
Regulatory assets 3,945 3,743
Other assets 3,273 3,290
Total assets 134,454 133,840
Current liabilities:    
Accounts payable 2,109 2,679
Short-term debt 1,819 1,119
Current portion of long-term debt 3,090 3,201
Other current liabilities 1,720 1,677
Total current liabilities 10,415 10,313
Regulatory liabilities 6,578 7,070
Deferred income taxes 12,705 12,678
Other long-term liabilities 5,045 4,706
Total liabilities 82,803 83,201
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 6,298 6,298
Retained earnings 42,814 41,833
Accumulated other comprehensive loss, net (2,109) (2,149)
Total shareholder's equity, parent 47,853 46,832
Total liabilities and equity 134,454 133,840
SPPC    
Current assets:    
Cash and cash equivalents 8 49
Trade receivables, net 181 175
Inventories 83 79
Regulatory assets 310 357
Other current assets 34 50
Total current assets 616 710
Property, plant and equipment, net 3,622 3,587
Regulatory assets 261 254
Other assets 184 181
Total assets 4,683 4,732
Current liabilities:    
Accounts payable 162 224
Notes payable 0 70
Short-term debt 50 0
Current portion of long-term debt 250 250
Other current liabilities 140 108
Total current liabilities 602 652
Long-term debt, carrying value 898 898
Finance lease obligations 98 100
Regulatory liabilities 428 436
Deferred income taxes 438 445
Other long-term liabilities 144 153
Total liabilities 2,608 2,684
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 1,576 1,576
Retained earnings 500 473
Accumulated other comprehensive loss, net (1) (1)
Total shareholder's equity, parent 2,075 2,048
Total liabilities and equity $ 4,683 $ 4,732