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CONSOLIDATED BALANCE SHEETS - HOUSTON ELECTRIC (Parenthetical) - USD ($) $ in Millions | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Cash and cash equivalents | $ 24 | $ 90
Accounts and notes receivable, less allowance for credit losses | 717 | 710
Allowance for credit losses | 28 | 27
Prepaid expense and other current assets | 123 | 145
Regulatory assets | 3,108 | 2,513
Houston Electric |  |
Cash and cash equivalents | 14 | 76
Allowance for credit losses | 2 | 1
Prepaid expense and other current assets | 44 | 48
Regulatory assets | 1,284 | 752
Variable Interest Entity, Primary Beneficiary |  |
Cash and cash equivalents | 21 | 90
Accounts and notes receivable, less allowance for credit losses | 2 | 21
Prepaid expense and other current assets | 2 | 15
Regulatory assets | 313 | 402
Variable Interest Entity, Primary Beneficiary | Houston Electric |  |
Cash and cash equivalents | 14 | 76
Accounts and notes receivable, less allowance for credit losses | 0 | 19
Prepaid expense and other current assets | 0 | 13
Regulatory assets | $ 0 | $ 74

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