BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 147	$ 6
Accounts receivable, net	101	94
Accounts receivable from affiliates	2	9
Accrued unbilled revenues	112	114
Inventories	45	36
Regulatory assets	157	76
Derivative instruments	13	10
Prepayments and other	17	38
Total current assets	594	383
Property, plant and equipment, net	7,697	7,603
Other assets
Regulatory assets	346	357
Derivative instruments	11	9
Operating lease right-of-use assets	485	492
Other	14	15
Total other assets	856	873
Total assets	9,147	8,859
Current liabilities
Borrowings Payable Under Utility Money Pool Arrangement	0	250
Accounts payable	224	198
Accounts payable to affiliates	33	17
Regulatory liabilities	32	57
Taxes accrued	43	54
Accrued interest	38	29
Dividends payable to parent	52	54
Derivative instruments	4	4
Operating lease liabilities	28	28
Other	23	25
Liabilities, Current, Total	477	716
Deferred credits and other liabilities
Deferred income taxes	712	725
Regulatory liabilities	723	718
Asset retirement obligations	113	112
Derivative instruments	8	9
Pension and employee benefit obligations	27	42
Operating lease liabilities	457	463
Other	11	12
Total deferred credits and other liabilities	2,051	2,081
Capitalization
Long-term debt	3,011	2,764
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at March 31, 2021 and Dec. 31, 2020, respectively	0	0
Additional paid in capital	3,094	2,790
Retained earnings	515	509
Accumulated other comprehensive loss	(1)	(1)
Total common stockholder's equity	3,608	3,298
Total liabilities and equity	$ 9,147	$ 8,859