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CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues $ 909 $ 827 $ 2,328 $ 2,149
Expenses:        
Operation and maintenance 339 326 1,001 953
Depreciation and amortization 253 201 659 526
Taxes other than income taxes 59 56 173 167
Total 651 583 1,833 1,646
Operating Income 258 244 495 503
Other Income (Expense):        
Interest and other finance charges (32) (30) (94) (88)
Interest on securitization bonds (23) (25) (70) (80)
Other, net 5 6 14 16
Total (50) (49) (150) (152)
Income Before Income Taxes 208 195 345 351
Income tax expense 72 71 121 127
Net Income $ 136 $ 124 $ 224 $ 224