v3.26.3
BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 904 $ 9
Accrued unbilled revenues 163 144
Inventories 92 84
Regulatory assets 40 24
Derivative instruments 64 79
Prepayments and other 131 271
Total current assets 1,600 795
Property, plant and equipment, net 11,846 10,426
Other assets    
Regulatory assets 414 376
Operating lease right-of-use assets 310 337
Other 65 64
Total other assets 789 777
Total assets 14,235 11,998
Current liabilities    
Short-term debt 0 220
Borrowings under utility money pool arrangement 0 62
Regulatory liabilities 98 118
Taxes accrued 82 74
Accrued interest 78 40
Dividends payable to parent 62 47
Operating lease liabilities 37 36
Other 110 99
Total current liabilities 1,029 1,023
Deferred credits and other liabilities    
Deferred income taxes 849 813
Regulatory liabilities 777 772
Asset retirement obligations 187 174
Pension and employee benefit obligations 11 12
Operating lease liabilities 273 301
Other 16 15
Total deferred credits and other liabilities 2,113 2,087
Capitalization    
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at Sept. 30, 2026 and Dec. 31, 2025, respectively $ 0 $ 0
Common Stock, Shares Authorized 200 200
Common Stock, Par or Stated Value Per Share $ 1.00 $ 1.00
Common Stock, Shares, Outstanding 100 100
Common Stock, Shares Issued, Not Disclosed true true
Additional paid in capital $ 5,005 $ 4,221
Retained earnings 854 622
Accumulated other comprehensive loss (1) (1)
Total common stockholder's equity 5,858 4,842
Total liabilities and equity 14,235 11,998
Nonrelated Party    
Current assets    
Accounts receivable, net 179 159
Current liabilities    
Accounts payable 494 281
Capitalization    
Long-term debt 5,077 4,046
Affiliated Entity    
Current assets    
Accounts receivable, net 27 25
Current liabilities    
Accounts payable 68 46
Related Party    
Capitalization    
Long-term debt $ 158 $ 0