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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 60 $ 137
Restricted cash 43 42
Receivables-    
Customers 1,557 1,382
Less — Allowance for uncollectible customer receivables 54 64
Receivable 1,503 1,318
Other, net of allowance for uncollectible accounts of $14 in 2024 and $15 in 2023 297 266
Note receivable - Brookfield due 2024 (Note 1) 450 0
Materials and supplies, at average cost 536 512
Prepaid taxes and other 369 293
Total current assets 3,258 2,568
PROPERTY, PLANT AND EQUIPMENT:    
In service 51,356 50,107
Less — Accumulated provision for depreciation 14,218 13,811
Property, plant and equipment in service net of accumulated provision for depreciation 37,138 36,296
Construction work in progress 2,272 2,116
Total property, plant and equipment 39,410 38,412
INVESTMENTS AND OTHER NONCURRENT ASSETS:    
Goodwill 5,618 5,618
Investments (Note 6) 670 663
Regulatory assets 405 369
Other 910 1,137
Note receivable - Brookfield due 2025 (Note 1) 750 0
Total investments and other noncurrent assets 8,353 7,787
TOTAL ASSETS 51,021 48,767
CURRENT LIABILITIES:    
Currently payable long-term debt 2,325 1,250
Short-term borrowings 795 775
Accounts payable 1,477 1,362
Accrued interest 284 292
Accrued taxes 726 700
Accrued compensation and benefits 197 304
Customer deposits 228 227
Dividends payable 0 235
Other 324 241
Total current liabilities 6,356 5,386
NONCURRENT LIABILITIES:    
Long-term debt and other long-term obligations 20,831 22,885
Accumulated deferred income taxes 5,389 4,530
Retirement benefits 1,655 1,663
Regulatory liabilities 956 1,214
Other 2,106 2,173
Total noncurrent liabilities 30,937 32,465
TOTAL LIABILITIES 37,293 37,851
Common stockholders’ equity-    
Common stock, $0.10 par value, authorized 700,000,000 shares - 575,922,417 and 574,335,396 shares outstanding as of June 30, 2024 and December 31, 2023, respectively. 58 57
Other paid-in capital 12,385 10,494
Accumulated other comprehensive loss (14) (17)
Retained earnings (Accumulated deficit) 45 (97)
Total common stockholders’ equity 12,474 10,437
Noncontrolling interest 1,254 479
TOTAL EQUITY 13,728 10,916
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 10)
TOTAL LIABILITIES AND EQUITY 51,021 48,767
Customer    
Receivables-    
Customers 1,557 1,382
Less — Allowance for uncollectible customer receivables 54 64
Receivable $ 1,503 $ 1,318