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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues, net $ 423 $ 403 $ 916 $ 876
Operating expenses:        
Purchased power and fuel 142 156 326 348
Production and distribution 67 64 121 115
Cascade Crossing transmission project 0 52 0 52
Administrative and other 56 55 110 109
Depreciation and amortization 73 62 148 124
Taxes other than income taxes 27 25 55 52
Total operating expenses 365 414 760 800
Income (loss) from operations 58 (11) 156 76
Interest expense 23 25 48 50
Other income:        
Allowance for equity funds used during construction 9 2 15 4
Miscellaneous income, net 1 1 0 2
Other income, net 10 3 15 6
Income (loss) before income tax expense (benefit) 45 (33) 123 32
Income tax expense (benefit) 10 (11) 30 6
Net income (loss) and Comprehensive income (loss) 35 (22) 93 26
Less: net loss attributable to noncontrolling interests 0 0 0 (1)
Net income (loss) and Comprehensive income (loss) attributable to Portland General Electric Company $ 35 $ (22) $ 93 $ 27
Weighted-average shares outstanding (in thousands):        
Basic 78,183 75,935 78,154 75,772
Diluted 80,051 75,935 79,742 75,893
Earnings (loss) per share:        
Basic $ 0.44 $ (0.29) $ 1.19 $ 0.36
Diluted $ 0.43 $ (0.29) $ 1.16 $ 0.36
Dividends declared per common share $ 0.280 $ 0.275 $ 0.555 $ 0.545