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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Utility revenues:    
Utility revenues, exclusive of alternative revenue programs $ 625 $ 606
Alternative revenue programs (8) 3
Total operating revenues 617 609
Utility operating expenses:    
Resource costs 256 293
Other operating expenses 128 111
Depreciation and amortization 71 68
Taxes other than income taxes 36 36
Non-utility operating expenses 1 0
Total operating expenses 492 508
Income from operations 125 101
Interest expense 38 37
Interest expense to affiliated trusts 1 1
Capitalized interest (2) (1)
Other income-net (3) (9)
Income before income taxes 91 73
Income tax expense 12 2
Net income and Comprehensive income $ 79 $ 71
Weighted-average common shares outstanding (thousands), basic 80,218 78,161
Weighted-average common shares outstanding (thousands), diluted 80,309 78,211
Earnings per common share:    
Basic $ 0.98 $ 0.91
Diluted $ 0.98 $ 0.91