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Revenue Recognition
3 Months Ended
Mar. 31, 2020
Revenue From Contract With Customer [Abstract]  
Revenue Recognition

3. REVENUE RECOGNITION

DESC has disaggregated operating revenues by customer class as follows:

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

March 31, 2020

 

 

March 31, 2019

 

(millions)

 

Electric

 

 

Gas

 

 

Electric

 

 

Gas

 

Customer class:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

252

 

 

$

79

 

 

$

(271

)

 

$

78

 

Commercial

 

 

175

 

 

 

33

 

 

 

(139

)

 

 

38

 

Industrial

 

 

80

 

 

 

17

 

 

 

(82

)

 

 

26

 

Other

 

 

30

 

 

 

4

 

 

 

10

 

 

 

3

 

Revenues from contracts with

   customers

 

 

537

 

 

 

133

 

 

 

(482

)

 

 

145

 

Other revenues

 

 

2

 

 

 

 

 

 

2

 

 

 

 

Total Operating Revenues

 

$

539

 

 

$

133

 

 

$

(480

)

 

$

145

 

 

Contract liabilities represent the obligation to transfer goods or services to a customer for which consideration has already been received from the customer. DESC had contract liability balances of $4 million and $9 million at March 31, 2020 and December 31, 2019, respectively. During the three months ended March 31, 2020 and 2019, DESC recognized revenue of $5 million and $2 million, respectively, from the beginning contract liability balances as DESC fulfilled its obligations to provide service to its customers. Contract liabilities are recorded in customer deposits and customer prepayments in the Consolidated Balance Sheets.