XML 23 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating revenues      
Electric, non-affiliates $ 4,593 $ 4,131 $ 4,049
Electric, affiliates 501 440 457
Natural gas 623 493 571
Other 39 37 35
Total operating revenues 5,756 5,101 5,112
Operating expenses      
Electric fuel and purchased power 2,042 1,626 1,601
Cost of natural gas sold and transported 385 263 327
Cost of sales — other 23 22 23
Operating and maintenance expenses 1,190 1,191 1,203
Conservation program expenses 144 119 120
Depreciation and amortization 926 825 791
Taxes (other than income taxes) 264 259 260
Total operating expenses 4,974 4,305 4,325
Operating income 782 796 787
Other income (expense), net 4 2 (1)
Allowance for funds used during construction — equity 30 25 25
Interest charges and financing costs      
Interest charges — includes other financing costs of $8, $8 and $7, respectively 271 249 233
Allowance for funds used during construction — debt (13) (11) (12)
Total interest charges and financing costs 258 238 221
Income before income taxes 558 585 590
Income tax (benefit) expense (48) (6) 47
Net income $ 606 $ 591 $ 543