v3.26.3
CONDENSED BALANCE SHEETS - PSO - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and Cash Equivalents $ 418 $ 197
Accounts Receivable:    
Customers 1,421 1,166
Miscellaneous 101 60
Total Accounts Receivable 3,490 2,867
Fuel 506 576
Materials and Supplies 1,287 1,046
Risk Management Assets 588 352
Accrued Tax Benefits 344 85
Regulatory Asset for Under-Recovered Fuel Costs 504 426
Prepayments and Other Current Assets 362 212
TOTAL CURRENT ASSETS 7,840 6,052
PROPERTY, PLANT AND EQUIPMENT    
Generation 27,674 28,388
Transmission 44,509 42,557
Distribution 35,251 33,364
Other Property, Plant and Equipment 9,843 8,635
Construction Work in Progress 10,907 7,635
Total Property, Plant and Equipment 128,184 120,579
Accumulated Depreciation and Amortization 27,956 28,205
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET 100,228 92,374
OTHER NONCURRENT ASSETS    
Regulatory Assets 4,967 4,804
Operating Lease Assets 660 661
Deferred Charges and Other Noncurrent Assets 4,204 4,402
TOTAL OTHER NONCURRENT ASSETS 17,627 16,034
TOTAL ASSETS 125,695 114,460
CURRENT LIABILITIES    
Accounts Payable 3,944 3,429
Long-term Debt Due Within One Year 2,677 3,194
Risk Management Liabilities 209 132
Customer Deposits 770 507
Accrued Taxes 1,363 2,002
Accrued Interest 719 544
Obligations Under Operating Leases 95 100
Other Current Liabilities 3,634 1,898
TOTAL CURRENT LIABILITIES 15,286 13,314
NONCURRENT LIABILITIES    
Long-term Debt 49,864 44,128
Deferred Income Taxes 11,721 10,951
Regulatory Liabilities and Deferred Investment Tax Credits 8,748 8,362
Asset Retirement Obligations 3,669 3,556
Obligations Under Operating Leases 584 578
Deferred Credits and Other Noncurrent Liabilities 1,228 905
TOTAL NONCURRENT LIABILITIES 76,290 68,890
TOTAL LIABILITIES 91,576 82,204
Rate Matters (Note 4)
Commitments, Guarantees and Contingencies (Note 5)
COMMON SHAREHOLDER’S EQUITY    
Common Stock 3,547 3,523
Paid-in Capital 12,520 12,138
Retained Earnings 16,657 15,441
Accumulated Other Comprehensive Income (Loss) 51 36
TOTAL COMMON SHAREHOLDER’S EQUITY 32,775 31,138
TOTAL LIABILITIES AND EQUITY 125,695 114,460
PUBLIC SERVICE COMPANY OF OKLAHOMA    
CURRENT ASSETS    
Cash and Cash Equivalents 4 2
Advances to Affiliates 70 0
Accounts Receivable:    
Customers 108 109
Affiliated Companies 53 45
Miscellaneous 17 4
Total Accounts Receivable 178 158
Fuel 2 3
Materials and Supplies 157 119
Risk Management Assets 41 42
Accrued Tax Benefits 105 8
Regulatory Asset for Under-Recovered Fuel Costs 23 37
Prepayments and Other Current Assets 37 14
TOTAL CURRENT ASSETS 617 383
PROPERTY, PLANT AND EQUIPMENT    
Generation 4,789 4,365
Transmission 1,511 1,433
Distribution 4,211 3,987
Other Property, Plant and Equipment 1,313 1,292
Construction Work in Progress 1,168 635
Total Property, Plant and Equipment 12,992 11,712
Accumulated Depreciation and Amortization 2,556 2,748
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET 10,436 8,964
OTHER NONCURRENT ASSETS    
Regulatory Assets 683 637
Employee Benefits and Pension Assets 96 95
Operating Lease Assets 140 126
Deferred Charges and Other Noncurrent Assets 34 13
TOTAL OTHER NONCURRENT ASSETS 953 871
TOTAL ASSETS 12,006 10,218
CURRENT LIABILITIES    
Advances from Affiliates 0 171
Long-term Debt Due Within One Year 0 51
Risk Management Liabilities 29 27
Customer Deposits 355 115
Accrued Taxes 88 37
Accrued Interest 48 67
Obligations Under Operating Leases 12 11
Other Current Liabilities 133 104
TOTAL CURRENT LIABILITIES 1,109 1,009
NONCURRENT LIABILITIES    
Long-term Debt 4,462 3,475
Deferred Income Taxes 1,208 1,113
Regulatory Liabilities and Deferred Investment Tax Credits 746 717
Asset Retirement Obligations 165 136
Obligations Under Operating Leases 137 122
Deferred Credits and Other Noncurrent Liabilities 150 33
TOTAL NONCURRENT LIABILITIES 6,868 5,596
TOTAL LIABILITIES 7,977 6,605
Rate Matters (Note 4)
Commitments, Guarantees and Contingencies (Note 5)
COMMON SHAREHOLDER’S EQUITY    
Common Stock 157 157
Paid-in Capital 1,831 1,718
Retained Earnings 2,039 1,736
Accumulated Other Comprehensive Income (Loss) 2 2
TOTAL COMMON SHAREHOLDER’S EQUITY 4,029 3,613
TOTAL LIABILITIES AND EQUITY 12,006 10,218
PUBLIC SERVICE COMPANY OF OKLAHOMA | Nonrelated Party    
CURRENT LIABILITIES    
Accounts Payable 386 339
PUBLIC SERVICE COMPANY OF OKLAHOMA | Affiliated Entity    
CURRENT LIABILITIES    
Accounts Payable $ 58 $ 87