BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 73	$ 1
Accounts receivable, net	164	115
Accounts receivable from affiliates	12	9
Accrued unbilled revenues	152	125
Inventories	60	51
Regulatory assets	185	193
Derivative instruments	287	30
Prepaid taxes	3	3
Prepayments and other	61	21
Total current assets	997	548
Property, plant and equipment, net	7,938	7,838
Other assets
Regulatory assets	392	380
Derivative instruments	5	6
Operating lease right-of-use assets	449	463
Other	30	27
Total other assets	876	876
Total assets	9,811	9,262
Current liabilities
Short-term Debt	0	137
Borrowings under utility money pool arrangement	0	91
Accounts payable	205	172
Accounts payable to affiliates	19	16
Regulatory liabilities	312	54
Taxes accrued	48	47
Accrued interest	31	30
Dividends payable to parent	59	58
Derivative instruments	4	4
Operating lease liabilities	30	30
Other	82	24
Total current liabilities	790	663
Deferred credits and other liabilities
Deferred income taxes	691	702
Regulatory liabilities	716	709
Asset retirement obligations	119	116
Derivative instruments	4	6
Pension and employee benefit obligations	7	8
Operating lease liabilities	419	434
Other	8	8
Total deferred credits and other liabilities	1,964	1,983
Capitalization
Long-term debt	3,210	3,013
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at June 30, 2022 and Dec. 31, 2021, respectively	0	0
Additional paid in capital	3,301	3,091
Retained earnings	547	513
Accumulated other comprehensive loss	(1)	(1)
Total common stockholder's equity	3,847	3,603
Total liabilities and equity	$ 9,811	$ 9,262