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Balance Sheets (Unaudited) - MEC - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,744 $ 1,565
Inventories 1,605 1,509
Other current assets 1,295 1,355
Total current assets 12,232 10,198
Regulatory assets 4,204 4,167
Investments and restricted cash and cash equivalents and investments 9,305 9,510
Other assets 3,115 3,170
Total assets 140,235 137,840
Current liabilities:    
Accounts payable 2,602 3,175
Accrued interest 752 625
Accrued property, income and other taxes 756 828
Short-term debt 1,528 4,148
Current portion of long-term debt 3,133 2,740
Other current liabilities 1,942 1,551
Total current liabilities 11,094 13,421
Regulatory liabilities 6,709 6,644
Deferred income taxes 12,343 12,437
Other long-term liabilities 5,935 6,166
Total liabilities 89,976 88,100
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 5,573 5,573
Retained earnings 45,417 44,765
Total shareholder's equity 48,959 48,434
Total liabilities and equity 140,235 137,840
MEC    
Current assets:    
Cash and cash equivalents 659 636
Trade receivables, net 275 272
Income tax receivable 83 1
Inventories 358 364
Prepaid expenses 135 113
Other current assets 48 39
Total current assets 1,558 1,425
Property, plant and equipment, net 22,085 21,970
Regulatory assets 621 600
Investments and restricted cash and cash equivalents and investments 1,084 1,030
Other assets 187 210
Total assets 25,535 25,235
Current liabilities:    
Accounts payable 387 543
Accrued interest 100 106
Accrued property, income and other taxes 144 197
Short-term debt 15 0
Current portion of long-term debt 552 539
Other current liabilities 110 102
Total current liabilities 1,308 1,487
Long-term debt 8,807 8,227
Regulatory liabilities 1,153 1,079
Deferred income taxes 3,505 3,494
Asset retirement obligations 775 768
Other long-term liabilities 572 577
Total liabilities 16,120 15,632
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 561 561
Retained earnings 8,854 9,042
Total shareholder's equity 9,415 9,603
Total liabilities and equity $ 25,535 $ 25,235