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Consolidated Balance Sheets - SPPC - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,392 $ 1,565
Inventories 1,962 1,509
Regulatory assets 1,136 1,398
Other current assets 1,314 1,355
Total current assets 9,099 10,198
Regulatory assets 4,213 4,167
Other assets 3,011 3,170
Total assets 140,140 137,840
Current liabilities:    
Accounts payable 2,928 3,175
Accrued interest 728 625
Accrued property, income and other taxes 1,043 828
Other current liabilities 2,109 1,551
Total current liabilities 10,941 13,421
Subsidiary debt 41,154 36,231
Regulatory liabilities 6,754 6,644
Deferred income taxes 12,628 12,437
Other long-term liabilities 5,917 6,166
Total liabilities 88,851 88,100
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 5,558 5,573
Retained earnings 46,311 44,765
Accumulated other comprehensive loss, net (2,341) (1,904)
Total shareholder's equity 50,009 48,434
Total liabilities and shareholder's equity 140,140 137,840
SPPC    
Current assets:    
Cash and cash equivalents 17 44
Trade receivables, net 138 180
Inventories 161 117
Regulatory assets 90 161
Prepayments 54 15
Other current assets 22 20
Total current assets 482 537
Property, plant and equipment, net 4,439 3,822
Regulatory assets 202 220
Other assets 204 193
Total assets 5,327 4,772
Current liabilities:    
Accounts payable 410 228
Accrued interest 19 18
Accrued property, income and other taxes 16 21
Regulatory liabilities, current 106 15
Customer deposits 42 21
Other current liabilities 50 46
Total current liabilities 643 349
Subsidiary debt 1,527 1,293
Regulatory liabilities 416 424
Deferred income taxes 369 404
Other long-term liabilities 272 237
Total liabilities 3,227 2,707
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 1,726 1,576
Retained earnings 375 490
Accumulated other comprehensive loss, net (1) (1)
Total shareholder's equity 2,100 2,065
Total liabilities and shareholder's equity $ 5,327 $ 4,772