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Balance Sheets - MEC - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,565 $ 1,591
Inventories 1,509 1,256
Other current assets 1,355 1,345
Total current assets 10,198 11,002
Regulatory assets 4,167 3,743
Investments and restricted cash and cash equivalents and investments 9,510 11,273
Other assets 3,170 3,290
Total assets 137,840 133,840
Current liabilities:    
Accounts payable 3,175 2,679
Accrued interest 625 558
Accrued property, income and other taxes 828 746
Subsidiary debt, current 2,740 3,201
Other current liabilities 1,551 1,677
Total current liabilities 13,421 10,313
Subsidiary debt 36,231 35,238
Regulatory liabilities 6,644 7,070
Deferred income taxes 12,437 12,678
Other long-term liabilities 6,166 4,706
Total liabilities 88,100 83,201
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 5,573 6,298
Retained earnings 44,765 41,833
Total shareholder's equity 48,434 46,832
Total liabilities and shareholder's equity 137,840 133,840
MEC    
Current assets:    
Cash and cash equivalents 636 258
Trade receivables, net 272 536
Income taxes receivable 1 42
Inventories 364 277
Prepayments 113 91
Other current assets 39 66
Total current assets 1,425 1,270
Property, plant and equipment, net 21,970 21,091
Regulatory assets 600 550
Investments and restricted cash and cash equivalents and investments 1,030 902
Other assets 210 165
Total assets 25,235 23,978
Current liabilities:    
Accounts payable 543 536
Accrued interest 106 85
Accrued property, income and other taxes 197 170
Subsidiary debt, current 539 317
Other current liabilities 102 93
Total current liabilities 1,487 1,201
Subsidiary debt 8,227 7,412
Regulatory liabilities 1,079 1,119
Deferred income taxes 3,494 3,433
Asset retirement obligations 768 683
Other long-term liabilities 577 485
Total liabilities 15,632 14,333
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 561 561
Retained earnings 9,042 9,084
Total shareholder's equity 9,603 9,645
Total liabilities and shareholder's equity $ 25,235 $ 23,978