XML 169 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Utility revenues $ 1,842 $ 1,849 $ 6,341 $ 6,355
Non-utility revenues 14 11 40 159
Total 1,856 1,860 6,381 6,514
Expenses:        
Utility natural gas, fuel and purchased power 197 192 1,217 1,550
Non-utility cost of revenues, including natural gas 1 1 2 98
Operation and maintenance 775 648 2,162 1,990
Depreciation and amortization 334 374 1,083 1,042
Taxes other than income taxes 125 127 410 395
Total 1,432 1,342 4,874 5,075
Operating Income 424 518 1,507 1,439
Other Income (Expense):        
Gain (loss) on equity securities 54 49 (10) 56
Gain (loss) on indexed debt securities (53) (47) 14 (52)
Loss on sale 0 0 0 (12)
Interest expense and other finance charges (191) (176) (601) (489)
Interest expense on Securitization Bonds (4) (7) (15) (11)
Other income, net 15 13 39 39
Total (179) (168) (573) (469)
Income Before Income Taxes 245 350 934 970
Income tax expense 52 68 163 245
Net Income 193 282 771 725
Income allocated to preferred shareholders 0 26 0 50
Income Available to Common Shareholders $ 193 $ 256 $ 771 $ 675
Basic (in dollars per share) $ 0.30 $ 0.41 $ 1.20 $ 1.07
Diluted (in dollars per share) $ 0.30 $ 0.40 $ 1.20 $ 1.07
Weighted Average Common Shares Outstanding, Basic (in shares) 647,797 631,185 640,287 630,854
Weighted Average Common Shares Outstanding, Diluted (in shares) 648,214 633,043 641,361 633,037