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CONSOLIDATED BALANCE SHEETS - HOUSTON ELECTRIC - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 24 $ 90
Accounts and notes receivable, less allowance for credit losses 717 710
Accrued unbilled revenues 521 516
Materials and supplies 541 573
Taxes receivable 121 94
Prepaid expense and other current assets 123 145
Total current assets 4,381 3,027
Property, Plant and Equipment, Net:    
Property, plant and equipment 42,667 40,396
Less: accumulated depreciation and amortization 10,578 10,543
Property, plant and equipment, net 32,089 29,853
Other Assets:    
Regulatory assets 3,108 2,513
Other non-current assets 247 162
Total other assets 7,298 6,835
Total Assets 43,768 39,715
Current Liabilities:    
Short-term borrowings 500 4
Current portion of VIE Securitization Bonds long-term debt 13 178
Accounts payable 1,320 917
Taxes accrued 329 291
Interest accrued 274 236
Other current liabilities 525 519
Total current liabilities 4,045 3,864
Other Liabilities:    
Deferred income taxes, net 4,389 4,079
Benefit obligations 550 572
Regulatory liabilities 2,999 3,208
Other non-current liabilities 722 766
Total other liabilities 8,660 8,625
Total long-term debt, net 20,397 17,559
Commitments and Contingencies (Note 14) 
Member’s Equity:    
Common stock 6 6
Additional paid-in capital 9,105 8,604
Retained earnings 1,572 1,092
Accumulated other comprehensive loss (17) (35)
Total shareholders’ equity 10,666 9,667
Total Liabilities and Shareholders’ Equity 43,768 39,715
Houston Electric    
Current Assets:    
Cash and cash equivalents 14 76
Accrued unbilled revenues 137 142
Materials and supplies 392 409
Taxes receivable 0 38
Prepaid expense and other current assets 44 48
Total current assets 1,265 1,259
Property, Plant and Equipment, Net:    
Property, plant and equipment 21,750 19,515
Less: accumulated depreciation and amortization 4,628 4,469
Property, plant and equipment, net 17,122 15,046
Other Assets:    
Regulatory assets 1,284 752
Other non-current assets 41 29
Total other assets 1,325 781
Total Assets 19,712 17,086
Current Liabilities:    
Short-term borrowings 500 0
Current portion of VIE Securitization Bonds long-term debt 0 161
Taxes accrued 189 155
Interest accrued 108 99
Other current liabilities 144 111
Total current liabilities 1,741 981
Other Liabilities:    
Deferred income taxes, net 1,502 1,406
Benefit obligations 32 32
Regulatory liabilities 861 1,025
Other non-current liabilities 95 107
Total other liabilities 2,490 2,570
Total long-term debt, net 8,322 7,426
Commitments and Contingencies (Note 14) 
Member’s Equity:    
Common stock 0 0
Additional paid-in capital 5,589 4,745
Retained earnings 1,571 1,364
Accumulated other comprehensive loss (1) 0
Total shareholders’ equity 7,159 6,109
Total Liabilities and Shareholders’ Equity 19,712 17,086
Houston Electric | Nonrelated Party    
Current Assets:    
Accounts and notes receivable, less allowance for credit losses 307 295
Current Liabilities:    
Accounts payable 681 351
Houston Electric | Affiliated Entity    
Current Assets:    
Accounts and notes receivable — affiliated companies 371 251
Current Liabilities:    
Accounts payable–affiliated companies $ 119 $ 104