XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating revenues        
Electric, non-affiliates $ 1,191 $ 1,095 $ 2,316 $ 2,119
Electric, affiliates 133 131 262 246
Natural gas 167 80 601 284
Other 11 9 21 18
Total operating revenues 1,502 1,315 3,200 2,667
Operating expenses        
Electric fuel and purchased power 578 487 1,107 920
Cost of natural gas sold and transported 109 32 445 157
Cost of sales — other 7 6 12 11
O&M expenses 304 313 610 611
Conservation program expenses 41 31 90 65
Depreciation and amortization 251 229 503 450
Taxes (other than income taxes) 68 66 141 135
Total operating expenses 1,358 1,164 2,908 2,349
Operating income 144 151 292 318
Other (expense) income, net (5) 2 (5) 4
Allowance for funds used during construction — equity 6 7 12 14
Interest charges and financing costs        
Interest charges — includes other financing costs of $2, $2, $4 and $4, respectively 72 70 141 133
Allowance for funds used during construction — debt (3) (3) (5) (6)
Total interest charges and financing costs 69 67 136 127
Income before income taxes 76 93 163 209
Income tax benefit (42) (19) (82) (32)
Net income $ 118 $ 112 $ 245 $ 241