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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues $ 2,846 $ 2,846 $ 2,577
Expenses:      
Operation and maintenance 1,311 1,258 1,053
Depreciation and amortization 705 768 685
Taxes other than income taxes 222 224 225
Total 2,238 2,250 1,963
Operating Income 608 596 614
Other Income (Expense):      
Interest and other finance charges (118) (109) (99)
Interest on transition and system restoration bonds (105) (118) (133)
Other, net 21 14 33
Total (202) (213) (199)
Income Before Income Taxes 406 383 415
Income tax expense 145 131 146
Net Income $ 261 $ 252 $ 269