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CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Utility revenues $ 2,960 $ 2,906
Non-utility revenues 15 14
Total 2,975 2,920
Expenses:    
Utility natural gas, fuel and purchased power 970 1,006
Non-utility cost of revenues, including natural gas 1 1
Operation and maintenance 766 747
Depreciation and amortization 423 363
Taxes other than income taxes 157 154
Total 2,317 2,271
Operating Income 658 649
Other Income (Expense):    
Loss on sale 0 (43)
Gain on equity securities 45 79
Loss on indexed debt securities (44) (79)
Interest expense and other finance charges (265) (234)
Interest expense on Securitization Bonds (14) (4)
Other income, net 29 10
Total (249) (271)
Income Before Income Taxes 409 378
Income tax expense 93 81
Net Income $ 316 $ 297
Basic Earnings Per Common Share (in dollars per share) $ 0.48 $ 0.45
Diluted Earnings Per Common Share (in dollars per share) $ 0.48 $ 0.45
Weighted Average Common Shares Outstanding, Basic (in shares) 653,417,000 652,161,000
Weighted Average Common Shares Outstanding, Diluted (in shares) 659,393,000 653,319,000