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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues, net $ 450 $ 439 $ 1,342 $ 1,334
Operating expenses:        
Purchased power and fuel 182 182 533 545
Production and distribution 49 50 153 147
Administrative and other 50 55 160 158
Depreciation and amortization 63 59 188 170
Taxes other than income taxes 24 25 77 74
Total operating expenses 368 371 1,111 1,094
Income from operations 82 68 231 240
Other income (expense):        
Allowance for equity funds used during construction 1 1 4 3
Miscellaneous income (expense), net 0 (4) 2 (1)
Other income, net 1 (3) 6 2
Interest expense 27 27 82 82
Income before income taxes 56 38 155 160
Income taxes 19 11 43 42
Net income 37 27 112 118
Net income and Net income attributable to Portland General Electric Company 38 27 113 118
Net Income (Loss) Attributable to Noncontrolling Interest $ (1) $ 0 $ (1) $ 0
Weighted-average shares outstanding (in thousands):        
Basic 75,528 75,342 75,486 75,329
Diluted 75,541 75,358 75,500 75,345
Earnings per share - basic and diluted $ 0.50 $ 0.36 $ 1.49 $ 1.57
Dividends declared per common share $ 0.270 $ 0.265 $ 0.805 $ 0.790