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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Natural Gas $ 7,868 $ 6,333 $ 5,411
Electric 4,783 4,658 4,614
Energy-related businesses 1,788 1,866 1,345
Total revenues 14,439 12,857 11,370
EXPENSES AND OTHER INCOME      
Operation and maintenance (4,746) (4,341) (3,941)
Aliso canyon litigation and regulatory matters (259) (1,593) (307)
Depreciation and amortization (2,019) (1,855) (1,666)
Franchise fees and other taxes (635) (596) (543)
Gain (loss) on sale of assets 0 36 (3)
Other income (expense), net 24 58 (48)
Interest income 75 69 96
Interest expense (1,054) (1,198) (1,081)
Income from continuing operations before income taxes and equity earnings 1,343 219 1,489
Income tax expense (556) (99) (249)
Equity earnings 1,498 1,343 1,015
Income from continuing operations, net of tax 2,285 1,463 2,255
Income from discontinued operations, net of income tax 0 0 1,850
Net income 2,285 1,463 4,105
Earnings attributable to noncontrolling interest (146) (145) (172)
Preferred dividends (44) (63) (168)
Preferred dividends of subsidiary (1) (1) (1)
Earnings attributable to common shares $ 2,094 $ 1,254 $ 3,764
Basic EPS:      
Earnings from continuing operations attributable to common shares $ 6.65 $ 4.03 $ 6.61
Earning from discontinued operations 0 0 6.32
Earnings $ 6.65 $ 4.03 $ 12.93
Weighted-average common shares outstanding for basic EPS (in shares) 315,159 311,755 291,077
Diluted EPS:      
Earnings from continuing operations - Diluted EPS (in dollars per share) $ 6.62 $ 4.01 $ 6.58
Earnings from discontinued operations 0 0 6.30
Earnings $ 6.62 $ 4.01 $ 12.88
Weighted Average Common Shares Outstanding 316,378 313,036 292,252
Cost of natural gas      
EXPENSES AND OTHER INCOME      
Operating expenses $ (2,603) $ (1,597) $ (925)
Cost of electric fuel and purchased power      
EXPENSES AND OTHER INCOME      
Operating expenses (937) (1,010) (1,187)
Energy-related businesses cost of sales      
EXPENSES AND OTHER INCOME      
Operating expenses $ (942) $ (611) $ (276)