CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash, cash equivalents and restricted cash at beginning of period	$ 30	$ 13
Accrued unbilled revenues	312	361
Inventories	196	258
Regulatory assets	226	304
Derivative instruments	5	11
Prepayments and other	90	95
Total current assets	1,354	1,562
Property, plant and equipment, net	21,602	21,035
Other assets
Regulatory assets	1,271	1,267
Derivative instruments	12	15
Operating lease right-of-use assets	343	366
Other	259	383
Total other assets	1,885	2,031
Total assets	24,841	24,628
Current liabilities
Borrowings under utility money pool arrangement	250	51
Short-term debt	268	320
Regulatory liabilities	55	70
Taxes accrued	379	261
Accrued interest	69	68
Dividends payable to parent	106	72
Derivative instruments	8	17
Operating lease liabilities	102	102
Other	168	177
Total current liabilities	2,037	1,925
Deferred credits and other liabilities
Deferred income taxes	1,907	1,894
Regulatory liabilities	2,584	2,562
Asset retirement obligations	387	383
Customer advances	116	124
Pension and employee benefit obligations	33	40
Operating lease liabilities	264	290
Other	214	218
Total deferred credits and other liabilities	5,505	5,511
Commitments and contingencies
Capitalization
Long-term debt	$ 7,452	$ 7,450
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 March 31, 2024 and Dec. 31, 2023, respectively	$ 0	$ 0
Additional paid in capital	7,462	7,412
Retained earnings	2,405	2,350
Accumulated other comprehensive loss	(20)	(20)
Total common stockholder's equity	9,847	9,742
Total liabilities and equity	24,841	24,628
Related Party
Current assets
Accounts receivable, net	484	492
Current liabilities
Accounts payable	573	704
Affiliated Entity
Current assets
Accounts receivable, net	11	28
Current liabilities
Accounts payable	$ 59	$ 83