XML 37 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Utility revenues $ 2,906 $ 2,607
Non-utility revenues 14 13
Total 2,920 2,620
Expenses:    
Utility natural gas, fuel and purchased power 1,006 787
Non-utility cost of revenues, including natural gas 1 1
Operation and maintenance 747 709
Depreciation and amortization 363 363
Taxes other than income taxes 154 144
Total 2,271 2,004
Operating Income 649 616
Other Income (Expense):    
Loss on sale (43) 0
Gain (loss) on equity securities 79 (83)
Gain (loss) on indexed debt securities (79) 85
Interest expense and other finance charges (234) (198)
Interest expense on Securitization Bonds (4) (6)
Other income, net 10 14
Total (271) (188)
Income Before Income Taxes 378 428
Income tax expense 81 78
Net Income $ 297 $ 350
Basic Earnings Per Common Share (in dollars per share) $ 0.45 $ 0.55
Diluted Earnings Per Common Share (in dollars per share) $ 0.45 $ 0.55
Weighted Average Common Shares Outstanding, Basic (in shares) 652,161 632,228
Weighted Average Common Shares Outstanding, Diluted (in shares) 653,319 633,970