Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions |
Jun. 30, 2018 |
Dec. 31, 2017 |
| ASSETS |
|
|
| Property, plant and equipment |
$ 22,361
|
$ 21,716
|
| Accumulated depreciation |
(5,584)
|
(5,470)
|
| Property, plant and equipment, net |
16,777
|
16,246
|
| Current assets: |
|
|
| Cash and cash equivalents |
68
|
55
|
| Restricted funds |
27
|
27
|
| Accounts receivable, net |
324
|
272
|
| Unbilled revenues |
212
|
212
|
| Materials and supplies |
42
|
41
|
| Other |
160
|
113
|
| Total current assets |
833
|
720
|
| Regulatory and other long-term assets: |
|
|
| Regulatory assets |
1,069
|
1,061
|
| Goodwill |
1,621
|
1,379
|
| Intangible assets |
101
|
9
|
| Other |
70
|
67
|
| Total regulatory and other long-term assets |
2,861
|
2,516
|
| Total assets |
20,471
|
19,482
|
| Capitalization: |
|
|
| Common stock ($0.01 par value, 500,000,000 shares authorized, 185,173,388 and 182,508,564 shares issued, respectively) |
2
|
2
|
| Paid-in-capital |
6,637
|
6,432
|
| Accumulated deficit |
(537)
|
(723)
|
| Accumulated other comprehensive loss |
(69)
|
(79)
|
| Treasury stock, at cost (4,683,156 and 4,064,010 shares, respectively) |
(297)
|
(247)
|
| Total common stockholders' equity |
5,736
|
5,385
|
| Long-term debt |
6,345
|
6,490
|
| Redeemable preferred stock at redemption value |
7
|
8
|
| Total long-term debt |
6,352
|
6,498
|
| Total capitalization |
12,088
|
11,883
|
| Current liabilities: |
|
|
| Short-term debt |
1,649
|
905
|
| Current portion of long-term debt |
364
|
322
|
| Accounts payable |
139
|
195
|
| Accrued liabilities |
530
|
630
|
| Taxes accrued |
48
|
33
|
| Interest accrued |
69
|
73
|
| Other |
152
|
167
|
| Total current liabilities |
2,951
|
2,325
|
| Regulatory and other long-term liabilities: |
|
|
| Advances for construction |
263
|
271
|
| Deferred income taxes, net |
1,617
|
1,551
|
| Deferred investment tax credits |
22
|
22
|
| Regulatory liabilities |
1,713
|
1,664
|
| Accrued pension expense |
397
|
384
|
| Accrued post-retirement benefit expense |
38
|
40
|
| Other |
84
|
66
|
| Total regulatory and other long-term liabilities |
4,134
|
3,998
|
| Contributions in aid of construction |
1,298
|
1,276
|
| Commitments and contingencies (See Note 11) |
|
|
| Total capitalization and liabilities |
$ 20,471
|
$ 19,482
|