Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Property, plant and equipment $ 23,941 $ 23,204
Accumulated depreciation (5,709) (5,795)
Property, plant and equipment, net 18,232 17,409
Current assets:    
Cash and cash equivalents 60 130
Restricted funds 31 28
Accounts receivable, net 294 301
Unbilled revenues 172 186
Materials and supplies 44 41
Assets held for sale 566 0
Other 118 95
Total current assets 1,285 781
Regulatory and other long-term assets:    
Regulatory assets 1,128 1,156
Operating lease right-of-use assets 103  
Goodwill 1,501 1,575
Postretirement benefit asset 159 155
Intangible assets 67 84
Other 207 63
Total regulatory and other long-term assets 3,165 3,033
Total assets 22,682 21,223
Capitalization:    
Common stock ($0.01 par value, 500,000,000 shares authorized, 185,903,727 and 185,367,158 shares issued, respectively) 2 2
Paid-in-capital 6,700 6,657
Accumulated deficit (207) (464)
Accumulated other comprehensive loss (36) (34)
Treasury stock, at cost (5,090,855 and 4,683,156 shares, respectively) (338) (297)
Total common shareholders' equity 6,121 5,864
Long-term debt 8,639 7,569
Redeemable preferred stock at redemption value 5 7
Total long-term debt 8,644 7,576
Total capitalization 14,765 13,440
Current liabilities:    
Short-term debt 786 964
Current portion of long-term debt 28 71
Accounts payable 203 175
Accrued liabilities 596 556
Accrued taxes 46 45
Accrued interest 84 87
Liabilities related to assets held for sale 128 0
Other 174 196
Total current liabilities 2,045 2,094
Regulatory and other long-term liabilities:    
Advances for construction 240 252
Deferred income taxes and investment tax credits 1,893 1,740
Regulatory liabilities 1,806 1,907
Operating lease liabilities 89  
Accrued pension expense 411 390
Other 78 78
Total regulatory and other long-term liabilities 4,517 4,367
Contributions in aid of construction 1,355 1,322
Commitments and contingencies (See Note 16)
Total capitalization and liabilities $ 22,682 $ 21,223