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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating revenues      
Electric, non-affiliates $ 779 $ 815 $ 800
Electric, affiliates 216 204 202
Natural gas 135 157 198
Other 1 1 1
Total operating revenues 1,131 1,177 1,201
Operating expenses      
Electric fuel and purchased power, non-affiliates 13 14 17
Purchased power, affiliates 384 408 446
Cost of natural gas sold and transported 55 80 116
Operating and maintenance expenses 230 239 223
Conservation program expenses 12 13 13
Depreciation and amortization 186 170 158
Taxes (other than income taxes) 35 34 31
Workforce Reduction Expense 0 5 0
Total operating expenses 915 963 1,004
Operating income 216 214 197
Other Income and Expenses [Abstract]      
Other income (expense), net 3 2 (2)
Allowance for funds used during construction — equity 16 10 7
Interest charges and financing costs      
Interest charges and other financing costs 68 54 45
Allowance for funds used during construction — debt (7) (4) (3)
Total interest charges and financing costs 61 50 42
Income before income taxes 174 176 160
Income tax expense 40 40 35
Net income $ 134 $ 136 $ 125