XML 23 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Utility revenues:        
Utility revenues, exclusive of alternative revenue programs $ 399 $ 386 $ 1,024 $ 992
Alternative revenue programs 12 16 4 19
Total operating revenues 411 402 1,028 1,011
Utility operating expenses:        
Resource costs 130 144 386 437
Other operating expenses 124 109 252 221
Depreciation and amortization 72 68 143 136
Taxes other than income taxes 28 26 64 61
Non-utility operating expenses 0 0 1 1
Total operating expenses 354 347 846 856
Income from operations 57 55 182 155
Interest expense 37 36 75 73
Interest expense to affiliated trusts 0 1 1 1
Capitalized interest (1) (1) (3) (2)
Other expense (income)-net 6 (5) 3 (14)
Income before income taxes 15 24 106 97
Income tax expense 1 1 13 3
Net income and Comprehensive income $ 14 $ 23 $ 93 $ 94
Weighted-average common shares outstanding (thousands), basic 80,715 78,390 80,466 78,276
Weighted-average common shares outstanding (thousands), diluted 80,774 78,456 80,542 78,333
Earnings per common share:        
Basic $ 0.17 $ 0.29 $ 1.15 $ 1.2
Diluted $ 0.17 $ 0.29 $ 1.15 $ 1.2