XML 44 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Revenues    
Total operating revenues $ 6,881 $ 5,983
Operating Expenses    
Operating and maintenance 3,112 2,646
Wildfire-related claims, net of recoveries 0 49
Wildfire Fund expense 102 76
Depreciation, amortization, and decommissioning 1,166 1,097
Total operating expenses 5,411 4,763
Operating Income 1,470 1,220
Interest income 122 117
Interest expense (803) (734)
Other income, net 116 70
Income Before Income Taxes 905 673
Income tax provision 20 39
Net Income 885 634
Preferred stock dividend requirement 27 27
Income Available for Common Shareholders 858 607
Income Available for Common Shareholders $ 858 $ 607
Weighted Average Common Shares Outstanding, Basic (in shares) 2,199 2,195
Weighted Average Common Shares Outstanding, Diluted (in shares) 2,281 2,200
Net Income Per Common Share, Basic (in dollars per share) $ 0.39 $ 0.28
Net Income Per Common Share, Diluted (in dollars per share) $ 0.39 $ 0.28
Electric    
Operating Revenues    
Total operating revenues $ 4,967 $ 4,135
Operating Expenses    
Cost of electricity and natural gas 561 399
Natural gas    
Operating Revenues    
Total operating revenues 1,914 1,848
Operating Expenses    
Cost of electricity and natural gas $ 470 $ 496