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Balance Sheets - MEC - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,392 $ 1,565
Inventories 1,962 1,509
Other current assets 1,314 1,355
Total current assets 9,099 10,198
Regulatory assets 4,213 4,167
Investments and restricted cash and cash equivalents and investments 8,635 9,510
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
Subsidiary debt, current 2,646 2,740
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
Total shareholder's equity 50,009 48,434
Total liabilities and shareholder's equity 140,140 137,840
MEC    
Current assets:    
Cash and cash equivalents 549 636
Trade receivables, net 230 272
Income taxes receivable 2 1
Inventories 369 364
Prepayments 117 113
Other current assets 63 39
Total current assets 1,330 1,425
Property, plant and equipment, net 22,765 21,970
Regulatory assets 622 600
Investments and restricted cash and cash equivalents and investments 1,147 1,030
Other assets 252 210
Total assets 26,116 25,235
Current liabilities:    
Accounts payable 375 543
Accrued interest 117 106
Accrued property, income and other taxes 192 197
Subsidiary debt, current 17 539
Other current liabilities 91 102
Total current liabilities 792 1,487
Subsidiary debt 8,807 8,227
Regulatory liabilities 1,264 1,079
Deferred income taxes 3,626 3,494
Asset retirement obligations 823 768
Other long-term liabilities 623 577
Total liabilities 15,935 15,632
Commitments and contingencies
Equity:    
Common stock 0 0
Additional paid-in capital 561 561
Retained earnings 9,620 9,042
Total shareholder's equity 10,181 9,603
Total liabilities and shareholder's equity $ 26,116 $ 25,235