BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 1	$ 2
Accounts receivable, net	156	167
Accrued unbilled revenues	152	140
Inventories	67	61
Regulatory assets	78	217
Derivative instruments	86	122
Prepaid taxes	5	5
Prepayments and other	61	68
Total current assets	630	797
Property, plant and equipment, net	8,313	8,129
Other assets
Regulatory assets	337	359
Derivative instruments	2	3
Operating lease right-of-use assets	419	434
Other	30	26
Total other assets	788	822
Total assets	9,731	9,748
Current liabilities
Long-Term Debt and Lease Obligation, Current	350	0
Short-term debt	68	34
Borrowings under utility money pool arrangement	100	0
Accounts payable	169	209
Regulatory liabilities	134	148
Taxes accrued	52	61
Accrued interest	31	31
Dividends payable to parent	67	61
Derivative instruments	4	4
Operating lease liabilities	32	31
Other	56	58
Total current liabilities	1,087	660
Deferred credits and other liabilities
Deferred income taxes	669	739
Regulatory liabilities	731	715
Asset retirement obligations	150	147
Derivative instruments	0	2
Pension and employee benefit obligations	12	12
Operating lease liabilities	387	403
Other	8	9
Total deferred credits and other liabilities	1,957	2,027
Capitalization
Long-term debt	2,862	3,211
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at June 30, 2023 and Dec. 31, 2022, respectively	0	0
Additional paid in capital	3,319	3,311
Retained earnings	507	540
Accumulated other comprehensive loss	(1)	(1)
Total common stockholder's equity	3,825	3,850
Total liabilities and equity	9,731	9,748
Related Party
Current assets
Accounts receivable, net	24	15
Current liabilities
Accounts payable	$ 24	$ 23