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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Revenues    
Total operating revenues $ 5,983 $ 5,861
Operating Expenses    
Operating and maintenance 2,646 2,636
Wildfire-related claims, net of recoveries 49 (1)
Wildfire Fund expense 76 78
Depreciation, amortization, and decommissioning 1,097 1,022
Total operating expenses 4,763 4,585
Operating Income 1,220 1,276
Interest income 117 137
Interest expense (734) (715)
Other income, net 70 76
Income Before Income Taxes 673 774
Income tax provision 39 39
Net Income 634 735
Preferred stock dividend requirement 27 3
Income Available for Common Shareholders 607 732
Income Available for Common Shareholders $ 607 $ 732
Weighted Average Common Shares Outstanding, Basic (in shares) 2,195 2,134
Weighted Average Common Shares Outstanding, Diluted (in shares) 2,200 2,139
Net Income Per Common Share, Basic (in dollars per share) $ 0.28 $ 0.34
Total earnings (loss) per common share, diluted (in dollars per share) $ 0.28 $ 0.34
Electric    
Operating Revenues    
Total operating revenues $ 4,135 $ 4,052
Operating Expenses    
Cost of electricity and natural gas 399 321
Natural gas    
Operating Revenues    
Total operating revenues 1,848 1,809
Operating Expenses    
Cost of electricity and natural gas $ 496 $ 529