v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 3 $ 13
Accounts receivable 167 164
Inventory 87 85
Regulatory assets 29 28
Prepaid and other current assets 36 28
Total current assets 322 318
Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization 13,521 13,196
Non-current assets    
Goodwill 950 950
Regulatory assets 238 197
Other non-current assets 174 173
Total non-current assets 14,883 14,516
TOTAL ASSETS 15,205 14,834
Current liabilities    
Accounts payable 162 141
Accrued compensation 54 71
Accrued interest 91 77
Accrued taxes 71 81
Regulatory liabilities 18 23
Refundable deposits and advances for construction 66 54
Debt maturing within one year 881 636
Other current liabilities 18 25
Total current liabilities 1,361 1,108
Accrued pension and postretirement liabilities 29 27
Deferred income taxes 1,693 1,662
Regulatory liabilities 758 759
Long-term debt 7,869 7,840
Other non-current liabilities 72 81
COMMITMENTS AND CONTINGENT LIABILITIES (Notes 5 and 12)
Liabilities, Noncurrent 10,421 10,369
TOTAL LIABILITIES 11,782 11,477
STOCKHOLDER’S EQUITY    
Common stock, without par value, 235,000,000 shares authorized, 224,203,112 shares issued and outstanding 892 892
Retained earnings 2,508 2,444
Accumulated other comprehensive income 23 21
Total stockholder’s equity 3,423 3,357
TOTAL LIABILITIES AND STOCKHOLDER’S EQUITY $ 15,205 $ 14,834