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BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 3 $ 2
Accrued unbilled revenues 139 140
Inventories 69 61
Regulatory assets 30 217
Derivative instruments 42 122
Prepaid taxes 2 5
Prepayments and other 32 68
Total current assets 565 797
Property, plant and equipment, net 8,536 8,129
Other assets    
Regulatory assets 349 359
Derivative instruments 0 3
Operating lease right-of-use assets 403 434
Other 28 26
Total other assets 780 822
Total assets 9,881 9,748
Long-Term Debt, Current Maturities 350 0
Current liabilities    
Short-term debt 75 34
Borrowings under utility money pool arrangement 27 0
Regulatory liabilities 116 148
Taxes accrued 77 61
Accrued interest 33 31
Dividends payable to parent 59 61
Derivative instruments 2 4
Operating lease liabilities 32 31
Other 42 58
Total current liabilities 1,008 660
Deferred credits and other liabilities    
Deferred income taxes 622 739
Regulatory liabilities 761 715
Asset retirement obligations 153 147
Derivative instruments 0 2
Pension and employee benefit obligations 12 12
Operating lease liabilities 371 403
Other 7 9
Total deferred credits and other liabilities 1,926 2,027
Commitments and contingencies
Capitalization    
Long-term debt 2,961 3,211
Common Stock, Value, Issued 0 0
Additional paid in capital 3,370 3,311
Retained earnings 617 540
Accumulated other comprehensive loss (1) (1)
Total common stockholder's equity 3,986 3,850
Total liabilities and equity 9,881 9,748
Affiliated Entity    
Current assets    
Accounts receivable, net 222 167
Current liabilities    
Accounts payable 188 209
Related Party    
Current assets    
Accounts receivable, net 26 15
Current liabilities    
Accounts payable $ 7 $ 23