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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 28  
Accounts receivable, net 342 $ 304
Accounts receivable from affiliates 8 53
Accrued unbilled revenues 298 294
Inventories 189 192
Regulatory assets 121 64
Derivative instruments 21 7
Prepayments and other 82 56
Total current assets 1,089 981
Property, plant and equipment, net 17,470 16,155
Other assets    
Regulatory assets 1,059 1,038
Derivative instruments 16 0
Operating lease right-of-use assets 500 574
Other 231 260
Total other assets 1,806 1,872
Total assets 20,365 19,008
Current liabilities    
Current portion of long-term debt 0 400
Borrowings under utility money pool arrangement 57 39
Short-term debt 136 0
Accounts payable 452 573
Accounts payable to affiliates 58 44
Regulatory liabilities 100 69
Taxes accrued 251 202
Accrued interest 61 53
Dividends payable to parent 105 112
Derivative instruments 27 9
Operating lease liabilities 97 86
Other 84 99
Total current liabilities 1,428 1,686
Deferred credits and other liabilities    
Deferred income taxes 1,897 1,851
Deferred investment tax credits 20 23
Regulatory liabilities 2,337 2,037
Asset retirement obligations 399 324
Derivative instruments 51 53
Customer advances 168 173
Pension and employee benefit obligations 161 212
Operating lease liabilities 432 518
Other 156 150
Total deferred credits and other liabilities 5,621 5,341
Commitments and contingencies
Capitalization    
Long-term debt 5,724 4,985
Common stock — 100 shares authorized of $0.01 par value; 100 shares outstanding at Dec. 31, 2020 and Dec. 31, 2019, respectively $ 0 $ 0
Common Stock, Shares Authorized 100 100
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares, Outstanding 100 100
Additional paid in capital $ 5,770 $ 4,940
Retained earnings 1,846 2,083
Accumulated other comprehensive loss (24) (27)
Total common stockholder's equity 7,592 6,996
Total liabilities and stockholder's equity $ 20,365 $ 19,008