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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues, net $ 3,480 $ 2,912 $ 2,636
Alternative revenue programs, net of amortization (40) 11 11
Total Revenues 3,440 2,923 2,647
Operating expenses:      
Purchased power and fuel 1,418 1,190 988
Generation, transmission and distribution 436 374 348
Administrative and other 403 341 340
Depreciation and amortization 496 458 417
Taxes other than income taxes 175 164 157
Total operating expenses 2,928 2,527 2,250
Income from operations 512 396 397
Interest expense, net 211 173 156
Other income:      
Allowance for equity funds used during construction 23 19 14
Miscellaneous income, net 26 31 17
Other income, net 49 50 31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 350 273 272
Income tax expense 37 45 39
Net income $ 313 $ 228 $ 233
Weighted-average shares outstanding (in thousands):      
Basic 103,946 97,760 89,290
Diluted 104,159 97,952 89,643
Earnings per share:      
Basic $ 3.02 $ 2.33 $ 2.61
Diluted $ 3.01 $ 2.33 $ 2.60