v3.25.2
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Property, plant and equipment    
Utility plant, at original costs $ 15,146 $ 14,433
Accumulated depreciation (3,516) (3,348)
Utility plant, net 11,630 11,085
Other property 19 18
Total property, plant and equipment, net 11,649 11,103
Current assets    
Cash and cash equivalents 12 4
Receivables, less allowance for credit losses of $1 and $1 at June 30, 2025 and December 31, 2024, respectively 330 220
Inventories, at average cost    
Regulatory assets 390 343
Prepayments and other current assets 33 32
Total current assets 1,021 848
Other assets    
Regulatory assets 986 1,098
Other 74 58
Total other assets 1,060 1,156
Total assets 13,730 13,107
Capitalization    
Common stock 5,380 5,105
Accumulated other comprehensive loss (1) (1)
Retained earnings 322 218
Total capital 5,701 5,322
Long-term debt 4,529 3,935
Total capitalization 10,230 9,257
Current liabilities    
Notes payable 464 636
Accounts payable 464 666
Customer deposits 126 126
Regulatory liabilities 101 146
Accrued interest 42 31
Accrued taxes 62 12
Other 65 58
Total current liabilities 1,338 1,693
Long-term liabilities    
Deferred income taxes 971 976
Regulatory liabilities 741 758
Investment tax credits 239 224
Deferred credits and other liabilities 211 199
Total long-term liabilities 2,162 2,157
Commitments and Contingencies (see Note 8)
Total liabilities and capitalization 13,730 13,107
Related Party [Member]    
Current assets    
Due from affiliates 18 13
Current liabilities    
Due to affiliates 14 18
Fuel [Member]    
Inventories, at average cost    
Utility inventories 39 45
Materials and Supplies [Member]    
Inventories, at average cost    
Utility inventories $ 199 $ 191