v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 32 $ 19
Accounts receivable-less allowances of $3 and $5, respectively 149 220
Inventory 276 236
Regulatory assets 198 135
Other current assets 73 119
Total current assets 728 729
Net utility property 6,668 6,319
Goodwill 52 52
Non-current regulatory assets 856 871
Other property and investments-net and other non-current assets 393 388
Total assets 8,697 8,359
Current Liabilities:    
Accounts payable 129 163
Short-term borrowings 331 388
Regulatory liabilities 80 126
Other current liabilities 221 201
Total current liabilities 761 878
Pensions and other postretirement benefits 63 65
Deferred income taxes 829 778
Non-current regulatory liabilities 838 818
Other non-current liabilities and deferred credits 342 305
Total liabilities 5,867 5,650
Commitments and Contingencies (See Notes to Condensed Consolidated Financial Statements)
Shareholders' Equity:    
Common stock, no par value; 200,000 shares authorized; 83,756 and 82,193 shares issued and outstanding, respectively (shares in thousands) 1,874 1,805
Accumulated other comprehensive loss (1) (1)
Retained earnings 957 905
Total shareholders’ equity 2,830 2,709
Total liabilities and equity 8,697 8,359
Non Affiliated Trusts [Member]    
Current Liabilities:    
Long-term debt 2,982 2,754
Affiliated Trusts [Member]    
Current Liabilities:    
Long-term debt $ 52 $ 52