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Variable Interest Entities - Assets and Liabilities of Consolidated VIEs (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Current assets      
Cash and cash equivalents $ 1,846 $ 3,022 $ 562
Restricted cash and cash equivalents 96 107 $ 83
Accounts receivable      
Customer accounts receivable, net 3,193 3,116  
Other accounts receivable, net 444 602  
Inventories, net      
Materials and supplies 1,354 1,357  
Other current assets 778 689  
Total current assets 9,631 10,776  
Property, plant, and equipment, net 21,566 21,235  
Other noncurrent assets 2,292 2,178  
Total assets [1] 52,252 52,926  
Current liabilities      
Long-term debt due within one year 1,037 1,028  
Accounts payable and accrued expenses 3,614 3,943  
Other current liabilities 343 332  
Total current liabilities 6,545 6,846  
Long-term debt 7,321 7,384  
Other noncurrent liabilities 1,215 1,219  
Total deferred credits and other liabilities 25,052 25,157  
Total liabilities [1] 38,918 39,387  
Variable Interest Entity, Primary Beneficiary      
Current assets      
Cash and cash equivalents 79 59  
Restricted cash and cash equivalents 31 50  
Accounts receivable      
Customer accounts receivable, net 2,404 2,134  
Other accounts receivable, net 9 12  
Inventories, net      
Materials and supplies 13 13  
Other current assets 35 38  
Total current assets 2,571 2,306  
Property, plant, and equipment, net 2,007 2,025  
Other noncurrent assets 137 142  
Total noncurrent assets 2,144 2,167  
Total assets 4,715 4,473  
Current liabilities      
Long-term debt due within one year 64 64  
Accounts payable and accrued expenses 37 54  
Other current liabilities 1 0  
Total current liabilities 102 118  
Long-term debt 616 642  
Asset retirement obligations 209 206  
Other noncurrent liabilities 2 2  
Total deferred credits and other liabilities 827 850  
Total liabilities 929 968  
Unamortized energy contract assets, current 20 22  
Unamortized energy contract assets, noncurrent $ 129 $ 133  
[1] Our consolidated assets include $4,566 million and $4,318 million at March 31, 2025 and December 31, 2024, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Our consolidated liabilities include $929 million and $968 million at March 31, 2025 and December 31, 2024, respectively, of certain VIEs for which the VIE creditors do not have recourse to us. See Note 15 — Variable Interest Entities for additional information.