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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUES:    
Revenues [1] $ 2,989 $ 2,726
OPERATING EXPENSES:    
Fuel 140 118
Purchased power 875 718
Other operating expenses 820 752
Provision for depreciation 340 323
Amortization (deferral) of regulatory assets, net (37) 92
General taxes 292 273
Gain on sale of Yards Creek (Note 9) 0 (109)
Total operating expenses 2,430 2,167
OPERATING INCOME 559 559
OTHER INCOME (EXPENSE):    
Miscellaneous income, net 106 135
Interest expense (313) (285)
Capitalized financing costs 19 13
Total other expense (188) (137)
INCOME BEFORE INCOME TAXES 371 422
INCOME TAXES 83 87
NET INCOME $ 288 $ 335
EARNINGS PER SHARE OF COMMON STOCK (Note 3):    
Basic - Earnings Per Share of Common Stock (in dollars per share) $ 0.51 $ 0.62
Diluted - Earnings Per Share to Common Stock (in dollars per share) $ 0.50 $ 0.62
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:    
Basic, in shares 570 543
Diluted, in shares 571 544
Distribution Services and Retail Generation    
REVENUES:    
Revenues $ 2,397 $ 2,236
Transmission    
REVENUES:    
Revenues 451 401
Other    
REVENUES:    
Revenues $ 141 $ 89
[1] Includes excise and gross receipts tax collections of $103 million and $95 million during the three months ended March 31, 2022 and 2021, respectively.