XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Operating Revenues $ 1,470 $ 1,487 $ 4,651 $ 4,729
Operating Expenses        
Purchased power, natural gas and fuel used 259 279 999 1,101
Operations and maintenance 634 588 1,788 1,714
Depreciation and amortization 255 237 748 681
Taxes other than income taxes 157 144 469 446
Total Operating Expenses 1,305 1,248 4,004 3,942
Operating Income 165 239 647 787
Other Income and (Expense)        
Other income 16 6 15 1
Earnings (losses) from equity method investments 1 (1) (3) 1
Interest expense, net of capitalization (86) (72) (251) (226)
Income Before Income Tax 96 172 408 563
Income tax expense 15 33 21 103
Net Income 81 139 387 460
Net loss attributable to noncontrolling interests 6 11 28 17
Net Income Attributable to Avangrid, Inc. $ 87 $ 150 $ 415 $ 477
Earnings Per Common Share, Basic (in usd per share) $ 0.28 $ 0.48 $ 1.34 $ 1.54
Earnings Per Common Share, Diluted (in usd per share) $ 0.28 $ 0.48 $ 1.34 $ 1.54
Weighted-average Number of Common Shares Outstanding:        
Basic (in shares) 309,491,082 309,491,082 309,496,234 309,491,082
Diluted (in shares) 309,550,126 309,517,778 309,554,838 309,512,301