v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 155 $ 1,565 [1]
Restricted cash 25 21 [1]
Accounts receivable – trade, net 1,612 1,983 [1]
Accounts receivable – other, net 433 397 [1]
Due from unconsolidated affiliates 3 13 [1]
Income taxes receivable 148 90 [1]
Inventories 625 559 [1]
Prepaid expenses 157 255 [1]
Regulatory assets 343 60 [1]
Fixed-price contracts and other derivatives 142 91 [1]
Greenhouse gas allowances 217 217 [1]
Assets held for sale 273 0 [1]
Other current assets 36 34 [1]
Total current assets 4,169 5,285 [1]
Other assets:    
Restricted cash 3 3 [1]
Regulatory assets 4,196 3,937 [1]
Greenhouse gas allowances 1,229 845 [1]
Nuclear decommissioning trusts 878 875 [1]
Dedicated assets in support of certain benefit plans 591 585 [1]
Deferred income taxes 159 172 [1]
Right-of-use assets – operating leases 1,152 1,177 [1]
Investment in Oncor Holdings 16,402 15,400 [1]
Other investments 2,586 2,534 [1]
Goodwill 1,602 1,602 [1]
Other intangible assets 279 292 [1]
Wildfire fund 255 262 [1]
Other long-term assets 1,604 1,749 [1]
Total other assets 30,936 29,433 [1]
Property, plant and equipment:    
Property, plant and equipment 84,459 80,397 [1]
Less accumulated depreciation and amortization (19,657) (18,960) [1]
Property, plant and equipment, net 64,802 61,437 [1]
Total assets 99,907 96,155 [1]
Current liabilities:    
Short-term debt 2,282 2,016 [1]
Accounts payable – trade 2,026 2,238 [1]
Accounts payable – other 265 208 [1]
Dividends and interest payable 818 773 [1]
Accrued compensation and benefits 402 558 [1]
Regulatory liabilities 54 141 [1]
Current portion of long-term debt and finance leases 1,372 2,274 [1]
Greenhouse gas obligations 217 217 [1]
Total current liabilities 8,607 9,676 [1]
Long-term debt and finance leases 34,936 31,558 [1]
Deferred credits and other liabilities:    
Due to unconsolidated affiliates 359 352 [1]
Regulatory liabilities 3,906 3,817 [1]
Greenhouse gas obligations 879 506 [1]
Pension and other postretirement benefit plan obligations, net of plan assets 163 168 [1]
Deferred income taxes 6,161 5,845 [1]
Asset retirement obligations 3,848 3,737 [1]
Deferred credits and other 2,752 2,708 [1]
Total deferred credits and other liabilities 18,068 17,133 [1]
Commitments and contingencies [1]
Equity:    
Common stock 13,518 13,520 [1]
Retained earnings 17,505 16,979 [1]
Accumulated other comprehensive income (loss) (215) (166) [1]
Total shareholders’ equity 31,697 31,222 [1]
Preferred stock of subsidiary 20 20 [1]
Other noncontrolling interests 6,579 6,546 [1]
Total equity 38,296 37,788 [1]
Total liabilities and equity 99,907 96,155 [1]
Related Party    
Current assets:    
Due from unconsolidated affiliates 3 13
Current liabilities:    
Other current liabilities 8 0 [1]
Deferred credits and other liabilities:    
Due to unconsolidated affiliates 359 352
Nonrelated Party    
Current liabilities:    
Other current liabilities 1,163 1,251 [1]
Series C Preferred Stock    
Equity:    
Preferred stock $ 889 $ 889 [1]
[1] Derived from audited financial statements.