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Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Operating revenues $ 1,698.7 $ 1,033.3 $ 4,077.8 $ 3,772.0
Cost of Sales 590.6 407.4 1,557.5 1,735.9
Other operation and maintenance 535.9 249.4 1,153.6 780.8
Depreciation and amortization 176.5 99.8 382.6 295.2
Property and revenue taxes 50.0 30.6 113.8 91.5
Total operating expenses 1,353.0 787.2 3,207.5 2,903.4
Operating income 345.7 246.1 870.3 868.6
Equity in earnings of transmission affiliate 40.0 18.0 70.4 52.8
Other Income, net 11.1 2.9 40.2 12.1
Interest expense 103.8 60.4 225.6 181.7
Other expense (52.7) (39.5) (115.0) (116.8)
Income before income taxes 293.0 206.6 755.3 751.8
Income Tax Expense 110.5 80.3 296.1 284.9
Net income $ 182.5 $ 126.3 $ 459.2 $ 466.9
Earnings per share        
Basic $ 0.58 $ 0.56 $ 1.79 $ 2.07
Diluted $ 0.58 $ 0.56 $ 1.78 $ 2.05
Weighted average common shares outstanding        
Basic 315.7 225.5 256.2 225.6
Diluted 317.1 227.4 257.8 227.6
Dividends per share of common stock $ 0.00 $ 0.39 $ 1.29 $ 1.17
Transmission Affiliate        
Equity in earnings of transmission affiliate $ 40.0 $ 18.0 $ 70.4 $ 52.8