v3.26.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and Cash Equivalent $ 914 $ 16
Accrued unbilled revenues 297 356
Inventories 311 277
Regulatory assets 192 170
Prepayments and other 104 520
Total current assets 2,332 1,819
Property, plant and equipment, net 31,267 27,822
Other assets    
Regulatory assets 1,824 1,603
Operating lease right-of-use assets 368 389
Other 295 207
Total other assets 2,487 2,199
Total assets 36,086 31,840
Current liabilities    
Borrowings under utility money pool arrangement 0 27
Short-term debt 0 260
Regulatory liabilities 257 178
Taxes accrued 225 263
Accrued interest 146 101
Dividends payable to parent 128 75
Operating lease liabilities 53 65
Other 176 161
Total current liabilities 2,047 2,259
Deferred credits and other liabilities    
Deferred income taxes 2,252 2,191
Regulatory liabilities 2,795 2,719
Asset retirement obligations 489 473
Customer advances 64 82
Pension and employee benefit obligations 64 66
Operating lease liabilities 315 330
Other 229 138
Total deferred credits and other liabilities 6,208 5,999
Commitments and contingencies
Capitalization    
Long-term debt $ 12,460 $ 10,376
Common Stock, Shares Authorized 100 100
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares, Outstanding 100 100
Common Stock, Shares Issued, Not Disclosed true true
Common stock — 100 shares authorized of $0.01 par value; 100 shares outstanding at Sept. 30, 2026 and Dec. 31, 2025, respectively $ 0 $ 0
Additional paid in capital 12,155 10,409
Retained earnings 3,233 2,815
Accumulated other comprehensive loss (17) (18)
Total common stockholder's equity 15,371 13,206
Total liabilities and equity 36,086 31,840
Affiliated Entity    
Current liabilities    
Accounts payable 116 95
Nonrelated Party    
Current assets    
Accounts receivable, net 514 480
Current liabilities    
Accounts payable $ 946 $ 1,034