v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 48 $ 29 [1]
Restricted cash 2 2 [1]
Accounts receivable – trade, net 1,442 1,767 [1]
Accounts receivable – other, net 190 157 [1]
Due from unconsolidated affiliates 45 0 [1]
Income taxes receivable 252 71 [1]
Inventories 496 561 [1]
Regulatory assets 511 761 [1]
Greenhouse gas allowances 196 203 [1]
Assets held for sale 32,939 31,024 [1]
Other current assets 169 262 [1]
Total current assets 36,290 34,837 [1]
Other assets:    
Regulatory assets 4,297 3,868 [1]
Greenhouse gas allowances 1,498 1,221 [1]
Nuclear decommissioning trusts 920 899 [1]
Dedicated assets in support of certain benefit plans 617 605 [1]
Deferred income taxes 10 10 [1]
Right-of-use assets – operating leases 1,279 1,262 [1]
Investment in Oncor Holdings 19,002 17,472 [1]
Other investments 150 147 [1]
Wildfire fund 235 246 [1]
Other long-term assets 1,247 1,300 [1]
Total other assets 29,255 27,030 [1]
Property, plant and equipment:    
Property, plant and equipment 68,371 66,900 [1]
Less accumulated depreciation and amortization (18,635) (17,889) [1]
Property, plant and equipment, net 49,736 49,011 [1]
Total assets 115,281 110,878 [1]
Current liabilities:    
Short-term debt 3,566 4,166 [1]
Accounts payable – trade 1,225 1,461 [1]
Accounts payable – other 198 203 [1]
Dividends and interest payable 807 770 [1]
Accrued compensation and benefits 358 521 [1]
Regulatory liabilities 3 3 [1]
Current portion of long-term debt and finance leases 2,075 1,876 [1]
Greenhouse gas obligations 196 203 [1]
Liabilities held for sale 12,992 11,704 [1]
Total current liabilities 22,105 21,894 [1]
Long-term debt and finance leases 31,023 28,979 [1]
Deferred credits and other liabilities:    
Regulatory liabilities 4,396 4,250 [1]
Greenhouse gas obligations 1,164 957 [1]
Pension and other postretirement benefit plan obligations, net of plan assets 119 124 [1]
Deferred income taxes 6,505 6,127 [1]
Asset retirement obligations 3,816 3,743 [1]
Deferred credits and other 2,847 2,805 [1]
Total deferred credits and other liabilities 18,847 18,006 [1]
Commitments and contingencies [1]
Contingently redeemable noncontrolling interest 3,308 3,206 [1]
Equity:    
Common stock 14,763 14,699 [1]
Retained earnings 18,066 17,092 [1]
Accumulated other comprehensive income (loss) (144) (197) [1]
Total shareholders’ equity 32,685 31,594 [1]
Preferred stock of subsidiary 20 20 [1]
Other noncontrolling interests 7,293 7,179 [1]
Total equity 39,998 38,793 [1]
Total liabilities, contingently redeemable noncontrolling interest, and equity 115,281 110,878 [1]
Related Party    
Current assets:    
Due from unconsolidated affiliates 45 0
Current liabilities:    
Other current liabilities 0 8 [1]
Nonrelated Party    
Current liabilities:    
Other current liabilities 685 979 [1]
Series C Preferred Stock    
Equity:    
Preferred stock $ 0 $ 0 [1]
[1] Derived from audited financial statements.