v3.25.1
VARIABLE INTEREST ENTITIES - Schedule of Variable Interest Entities (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 132 $ 111
Receivables 1,574 1,530
Materials and supplies, at average cost 567 549
Prepaid taxes and other current assets 341 240
Total current assets 2,959 2,776
Goodwill 5,618 5,618
Investments 657 652
Regulatory assets 636 617
Other noncurrent assets 1,200 1,279
TOTAL ASSETS 52,771 52,044
CURRENT LIABILITIES:    
Currently payable long-term debt 1,928 977
Short-term borrowings 1,635 550
Accrued interest 280 269
Accrued taxes 715 727
Other current liabilities 290 216
Total current liabilities 7,114 4,997
Long-term debt and other long-term obligations 21,223 22,496
Accumulated deferred income taxes 5,740 5,613
Regulatory liabilities 998 995
Other noncurrent liabilities 2,136 2,525
Total noncurrent liabilities 31,795 33,327
TOTAL LIABILITIES 38,909 38,324
Variable Interest Entity, Primary Beneficiary    
CURRENT ASSETS:    
Cash and cash equivalents 7 8
Receivables 97 94
Materials and supplies, at average cost 1 1
Prepaid taxes and other current assets 20 21
Total current assets 125 124
Property, plant and equipment, net 11,422 11,217
Goodwill 224 224
Investments 19 19
Regulatory assets 24 18
Other noncurrent assets 257 334
Total noncurrent assets 11,946 11,812
TOTAL ASSETS 12,071 11,936
CURRENT LIABILITIES:    
Currently payable long-term debt 625 625
Short-term borrowings 385 300
Accrued interest 70 68
Accrued taxes 314 306
Other current liabilities 15 15
Total current liabilities 1,409 1,314
Long-term debt and other long-term obligations 5,240 5,239
Accumulated deferred income taxes 1,436 1,412
Regulatory liabilities 463 442
Other noncurrent liabilities 150 299
Total noncurrent liabilities 7,289 7,392
TOTAL LIABILITIES $ 8,698 $ 8,706