Consolidated Balance Sheets (Unaudited) - PAC - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 1,331	$ 1,290
Inventories	1,113	1,168
Other current assets	2,496	2,423
Total current assets	10,242	9,447
Regulatory assets	3,344	3,157
Other assets	2,823	2,758
Total assets	130,561	127,316
Current liabilities:
Accounts payable	1,802	1,867
Accrued interest	549	555
Accrued property, income and other taxes	711	582
Accrued employee expenses	457	383
Short-term debt	2,536	2,286
Current portion of long-term debt	918	1,839
Other current liabilities	2,107	1,626
Total current liabilities	9,080	9,138
Regulatory liabilities	7,344	7,221
Deferred income taxes	12,464	11,775
Other long-term liabilities	4,353	4,178
Total liabilities	81,196	80,339
Commitments and contingencies
Equity:
Preferred stock	3,750	3,750
Common stock	0	0
Additional paid-in capital	6,377	6,377
Retained earnings	37,303	35,093
Accumulated other comprehensive loss, net	(1,360)	(1,552)
Total shareholder's equity, parent	45,412	43,010
Total liabilities and equity	130,561	127,316
PAC
Current assets:
Cash and cash equivalents	44	13
Trade receivables, net	714	703
Other receivables	62	48
Inventories	474	482
Derivative contracts	99	27
Regulatory assets	86	116
Prepaid expenses	66	79
Other current assets	18	55
Total current assets	1,563	1,523
Property, plant and equipment, net	22,675	22,430
Regulatory assets	1,339	1,279
Other assets	506	470
Total assets	26,083	25,702
Current liabilities:
Accounts payable	667	772
Accrued interest	125	127
Accrued property, income and other taxes	136	80
Accrued employee expenses	106	84
Short-term debt	301	93
Current portion of long-term debt	479	420
Regulatory liabilities	124	115
Other current liabilities	221	174
Total current liabilities	2,159	1,865
Long-term debt	7,735	8,192
Regulatory liabilities	2,753	2,727
Deferred income taxes	2,715	2,627
Other long-term liabilities	1,154	1,118
Total liabilities	16,516	16,529
Commitments and contingencies
Equity:
Preferred stock	2	2
Common stock	0	0
Additional paid-in capital	4,479	4,479
Retained earnings	5,105	4,711
Accumulated other comprehensive loss, net	(19)	(19)
Total shareholder's equity, parent	9,567	9,173
Total liabilities and equity	$ 26,083	$ 25,702