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STATEMENTS OF CONSOLIDATED INCOME - HOUSTON ELECTRIC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 8,643 $ 8,696 $ 9,321
Expenses:      
Operation and maintenance 2,949 2,850 2,833
Depreciation and amortization 1,439 1,401 1,288
Taxes other than income taxes 547 525 543
Total 6,653 6,936 7,755
Operating Income 1,990 1,760 1,566
Other Income (Expense):      
Interest expense and other finance charges (818) (684) (511)
Interest expense on Securitization Bonds (20) (17) (13)
Other income, net 56 37 (26)
Total (776) (673) (149)
Income Before Income Taxes 1,214 1,087 1,417
Income tax expense 195 170 360
Net Income 1,019 917 1,057
Houston Electric      
Revenues 3,939 3,677 3,412
Expenses:      
Operation and maintenance 1,927 1,673 1,650
Depreciation and amortization 762 748 670
Taxes other than income taxes 295 262 261
Total 2,984 2,683 2,581
Operating Income 955 994 831
Other Income (Expense):      
Interest expense and other finance charges (311) (259) (202)
Interest expense on Securitization Bonds (3) (8) (13)
Other income, net 43 34 19
Total (271) (233) (196)
Income Before Income Taxes 684 761 635
Income tax expense 138 168 125
Net Income $ 546 $ 593 $ 510