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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Utility revenues $ 8,589 $ 8,524 $ 9,018
Non-utility revenues 54 172 303
Total 8,643 8,696 9,321
Expenses:      
Utility natural gas, fuel and purchased power 1,715 2,061 2,887
Non-utility cost of revenues, including natural gas 3 99 204
Operation and maintenance 2,949 2,850 2,833
Depreciation and amortization 1,439 1,401 1,288
Taxes other than income taxes 547 525 543
Total 6,653 6,936 7,755
Operating Income 1,990 1,760 1,566
Other Income (Expense):      
Gain (loss) on equity securities 20 31 (227)
Gain (loss) on indexed debt securities (14) (27) 325
Gain (loss) on sale 0 (13) 303
Interest expense and other finance charges (818) (684) (511)
Interest expense on Securitization Bonds (20) (17) (13)
Other income (expense), net 56 37 (26)
Total (776) (673) (149)
Income Before Income Taxes 1,214 1,087 1,417
Income tax expense 195 170 360
Net Income 1,019 917 1,057
Income allocated to preferred shareholders 0 50 49
Income Available to Common Shareholders $ 1,019 $ 867 $ 1,008
Basic Earnings Per Common Share (in dollars per share) $ 1.58 $ 1.37 $ 1.60
Diluted Earnings Per Common Share (in dollars per share) $ 1.58 $ 1.37 $ 1.59
Weighted Average Common Shares Outstanding, Basic (in shares) 643,163 630,947 629,415
Weighted Average Common Shares Outstanding, Diluted (in shares) 644,137 633,179 632,346