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Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 374	$ 220
Accounts receivable, net	430	243
Inventories	78	88
Regulatory assets	0	57
Deferred income taxes	56	145
Other current assets	46	32
Total current assets	984	785
Property, plant and equipment, net	6,943	7,003
Regulatory assets	1,054	1,069
Other assets	65	78
Total assets	9,046	8,935
Current liabilities:
Accounts payable	252	212
Accrued interest	39	60
Accrued property, income and other taxes	42	30
Regulatory liabilities	136	40
Current portion of long-term debt and capital lease obligations	225	264
Customer deposits	59	55
Other current liabilities	49	36
Total current liabilities	802	697
Long-term debt and capital lease obligations	3,091	3,312
Regulatory liabilities	294	326
Deferred income taxes	1,440	1,414
Other long-term liabilities	274	298
Total liabilities	5,901	6,047
Shareholder's equity:
Common stock - $1.00 stated value; 1,000 shares authorized, issued and outstanding	0	0
Other paid-in capital	2,308	2,308
Retained earnings	840	583
Accumulated other comprehensive loss, net	(3)	(3)
Total shareholder's equity	3,145	2,888
Total liabilities and shareholder's equity	$ 9,046	$ 8,935

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

NEVADA POWER CO 10-Q