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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES:    
Total revenues [1] $ 2,709 $ 2,883
OPERATING EXPENSES:    
Fuel 98 131
Purchased power 694 781
Other operating expenses 749 779
Provision for depreciation 317 297
Amortization of regulatory assets, net 52 5
General taxes 267 261
Total operating expenses 2,177 2,254
OPERATING INCOME 532 629
OTHER INCOME (EXPENSE):    
Miscellaneous income, net 100 54
Pension and OPEB mark-to-market adjustment (Note 5) (423) 0
Interest expense (263) (253)
Capitalized financing costs 18 18
Total other expense (568) (181)
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) (36) 448
INCOME TAXES (BENEFITS) (60) 93
INCOME FROM CONTINUING OPERATIONS 24 355
Discontinued operations (Note 3) [2] 50 (35)
NET INCOME 74 320
INCOME ALLOCATED TO PREFERRED STOCKHOLDERS (Note 4) 0 5
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 74 $ 315
EARNINGS PER SHARE OF COMMON STOCK (Note 4):    
Basic - Continuing Operations (in dollars per share) $ 0.05 $ 0.66
Basic - Discontinued Operations (in dollars per share) 0.09 (0.07)
Basic - Net Income Attributable to Common Stockholders (in dollars per share) 0.14 0.59
Diluted - Continuing Operations (in dollars per share) 0.05 0.66
Diluted - Discontinued Operations (in dollars per share) 0.09 (0.07)
Diluted - Net Income Attributable to Common Stockholders (in dollars per share) $ 0.14 $ 0.59
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:    
Basic, in shares 541 530
Diluted, in shares 543 533
Excise taxes collected $ 92 $ 102
Income tax expense (benefit) (36) 5
Distribution Services and Retail Generation    
REVENUES:    
Total revenues 2,124 2,309
Transmission    
REVENUES:    
Total revenues 397 352
Other    
REVENUES:    
Total revenues $ 188 $ 222
[1] Includes excise and gross receipts tax collections of $92 million and $102 million during the three months ended March 31, 2020 and 2019, respectively.
[2] Net of income tax expense (benefits) of $(36) million and $5 million for the three months ended March 31, 2020 and 2019, respectively.