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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash, cash equivalents and restricted cash at beginning of period $ 96 $ 28
Accounts receivable, net 324 342
Accounts receivable from affiliates 0 8
Accrued unbilled revenues 246 298
Inventories 166 189
Regulatory assets 179 121
Derivative instruments 36 21
Prepayments and other 69 82
Total current assets 1,116 1,089
Property, plant and equipment, net 17,845 17,470
Other assets    
Regulatory assets 1,637 1,059
Derivative instruments 40 16
Operating lease right-of-use assets 454 500
Other 224 231
Total other assets 2,355 1,806
Total assets 21,316 20,365
Current liabilities    
Borrowings under utility money pool arrangement 0 57
Short-term debt 0 136
Accounts payable 430 452
Accounts payable to affiliates 67 58
Regulatory liabilities 97 100
Taxes accrued 139 251
Accrued interest 58 61
Dividends payable to parent 119 105
Derivative instruments 35 27
Operating lease liabilities 98 97
Other 90 84
Total current liabilities 1,133 1,428
Deferred credits and other liabilities    
Deferred income taxes 1,929 1,897
Regulatory liabilities 2,397 2,337
Asset retirement obligations 407 399
Derivative instruments 46 51
Customer advances 163 168
Pension and employee benefit obligations 111 161
Operating lease liabilities 384 432
Other 183 176
Total deferred credits and other liabilities 5,620 5,621
Commitments and contingencies
Capitalization    
Long-term debt $ 6,464 $ 5,724
Common Stock, Shares Authorized 100 100
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares, Outstanding 100 100
Common stock — 100 shares authorized of $0.01 par value; 100 shares outstanding at June 30, 2021 and Dec. 31, 2020, respectively $ 0 $ 0
Additional paid in capital 6,210 5,770
Retained earnings 1,912 1,846
Accumulated other comprehensive loss (23) (24)
Total common stockholder's equity 8,099 7,592
Total liabilities and stockholder's equity $ 21,316 $ 20,365