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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES:        
Total revenues $ 2,522 [1] $ 2,516 [1] $ 5,231 $ 5,399
OPERATING EXPENSES:        
Fuel 77 129 175 260
Purchased power 613 611 1,307 1,392
Other operating expenses 730 606 1,479 1,385
Provision for depreciation 321 309 638 606
Amortization of regulatory assets, net 13 37 65 42
General taxes 253 239 520 500
Total operating expenses 2,007 1,931 4,184 4,185
OPERATING INCOME 515 585 1,047 1,214
OTHER INCOME (EXPENSE):        
Miscellaneous income, net 103 80 203 134
Pension and OPEB mark-to-market adjustment (Note 5) 0 0 (423) 0
Interest expense (263) (259) (526) (512)
Capitalized financing costs 18 16 36 34
Total other expense (142) (163) (710) (344)
INCOME BEFORE INCOME TAXES 373 422 337 870
INCOME TAXES 66 81 6 174
INCOME FROM CONTINUING OPERATIONS 307 341 331 696
Discontinued operations (Note 3) 2 [2] (29) [2] 52 (64)
NET INCOME 309 312 383 632
INCOME ALLOCATED TO PREFERRED STOCKHOLDERS (Note 4) 0 4 0 9
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 309 $ 308 $ 383 $ 623
EARNINGS PER SHARE OF COMMON STOCK (Note 4):        
Basic - Continuing Operations (in dollars per share) $ 0.57 $ 0.63 $ 0.61 $ 1.29
Basic - Discontinued Operations (in dollars per share) 0 (0.05) 0.10 (0.12)
Basic - Net Income Attributable to Common Stockholders (in dollars per share) 0.57 0.58 0.71 1.17
Diluted - Continuing Operations (in dollars per share) 0.57 0.63 0.61 1.29
Diluted - Discontinued Operations (in dollars per share) 0 (0.05) 0.10 (0.12)
Diluted - Net Income Attributable to Common Stockholders (in dollars per share) $ 0.57 $ 0.58 $ 0.71 $ 1.17
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:        
Basic, in shares 542 532 541 531
Diluted, in shares 543 533 543 533
Excise taxes collected $ 84 $ 81 $ 176 $ 183
Income tax expense 1 39 (35) 44
Distribution Services and Retail Generation        
REVENUES:        
Total revenues 2,030 1,931 4,154 4,240
Transmission        
REVENUES:        
Total revenues 380 367 777 719
Other        
REVENUES:        
Total revenues $ 112 $ 218 $ 300 $ 440
[1] Includes excise and gross receipts tax collections of $84 million and $81 million during the three months ended June 30, 2020 and 2019, respectively, and $176 million and $183 million during the six months ended June 30, 2020 and 2019, respectively.
[2] Net of income tax expense of $1 million and $39 million for the three months ended June 30, 2020 and 2019, respectively, and $(35) million and $44 million for the six months ended June 30, 2020 and 2019, respectively.