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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 888 $ 137
Restricted cash 27 42
Receivables-    
Customers 1,418 1,382
Less — Allowance for uncollectible customer receivables 53 64
Receivable 1,365 1,318
Other, net of allowance for uncollectible accounts of $14 in 2024 and $15 in 2023 304 266
Note receivable - Brookfield due 2024 (Note 1) 450 0
Materials and supplies, at average cost 538 512
Prepaid taxes and other 491 293
Total current assets 4,063 2,568
PROPERTY, PLANT AND EQUIPMENT:    
In service 50,634 50,107
Less — Accumulated provision for depreciation 13,991 13,811
Property, plant and equipment in service net of accumulated provision for depreciation 36,643 36,296
Construction work in progress 2,161 2,116
Total property, plant and equipment 38,804 38,412
INVESTMENTS AND OTHER NONCURRENT ASSETS:    
Goodwill 5,618 5,618
Investments (Note 6) 688 663
Regulatory assets 333 369
Other 1,043 1,137
Note receivable - Brookfield due 2025 (Note 1) 750 0
Total investments and other noncurrent assets 8,432 7,787
TOTAL ASSETS 51,299 48,767
CURRENT LIABILITIES:    
Currently payable long-term debt 2,613 1,250
Short-term borrowings 250 775
Accounts payable 1,383 1,362
Accrued interest 305 292
Accrued taxes 823 700
Accrued compensation and benefits 199 304
Customer deposits 228 227
Dividends payable 245 235
Other 227 241
Total current liabilities 6,273 5,386
NONCURRENT LIABILITIES:    
Long-term debt and other long-term obligations 21,652 22,885
Accumulated deferred income taxes 5,288 4,530
Retirement benefits 1,663 1,663
Regulatory liabilities 964 1,214
Other 1,846 2,173
Total noncurrent liabilities 31,413 32,465
TOTAL LIABILITIES 37,686 37,851
Common stockholders’ equity-    
Common stock, $0.10 par value, authorized 700,000,000 shares - 575,516,472 and 574,335,396 shares outstanding as of March 31, 2024 and December 31, 2023, respectively. 57 57
Other paid-in capital 12,357 10,494
Accumulated other comprehensive loss (17) (17)
Accumulated deficit 0 (97)
Total common stockholders’ equity 12,397 10,437
Noncontrolling interest 1,216 479
TOTAL EQUITY 13,613 10,916
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 9)
TOTAL LIABILITIES AND EQUITY 51,299 48,767
Customer    
Receivables-    
Customers 1,418 1,382
Less — Allowance for uncollectible customer receivables 53 64
Receivable $ 1,365 $ 1,318