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Balance Sheets (Unaudited) - MEC - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,229 $ 1,591
Inventories 1,429 1,256
Other current assets 770 1,345
Total current assets 12,626 11,002
Regulatory assets 4,060 3,743
Investments and restricted cash and cash equivalents and investments 10,562 11,273
Other assets 3,416 3,290
Total assets 137,751 133,840
Current liabilities:    
Accounts payable 2,502 2,679
Accrued interest 563 558
Accrued property, income and other taxes 1,287 746
Current portion of long-term debt 3,199 3,201
Other current liabilities 1,648 1,677
Total current liabilities 11,860 10,313
Regulatory liabilities 6,423 7,070
Deferred income taxes 12,726 12,678
Other long-term liabilities 5,359 4,706
Total liabilities 84,791 83,201
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 6,298 6,298
Retained earnings 43,880 41,833
Total shareholder's equity, parent 49,183 46,832
Total liabilities and equity 137,751 133,840
MEC    
Current assets:    
Cash and cash equivalents 454 258
Trade receivables, net 329 536
Income tax receivable 7 42
Inventories 320 277
Prepayments 107 91
Other current assets 30 66
Total current assets 1,247 1,270
Property, plant and equipment, net 21,145 21,091
Regulatory assets 603 550
Investments and restricted cash and cash equivalents and investments 980 902
Other assets 168 165
Total assets 24,143 23,978
Current liabilities:    
Accounts payable 384 536
Accrued interest 83 85
Accrued property, income and other taxes 242 170
Current portion of long-term debt 253 317
Other current liabilities 133 93
Total current liabilities 1,095 1,201
Long-term debt 7,415 7,412
Regulatory liabilities 816 1,119
Deferred income taxes 3,503 3,433
Asset retirement obligations 782 683
Other long-term liabilities 508 485
Total liabilities 14,119 14,333
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 561 561
Retained earnings 9,463 9,084
Total shareholder's equity, parent 10,024 9,645
Total liabilities and equity $ 24,143 $ 23,978