XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues, net $ 530 $ 487
Operating expenses:    
Purchased power and fuel 141 149
Generation, transmission and distribution 81 66
Administrative and other 68 61
Depreciation and amortization 84 82
Taxes other than income taxes 33 30
Total operating expenses 407 388
Income from operations 123 99
Interest expense, net 30 27
Other income:    
Allowance for equity funds used during construction 2 7
Miscellaneous income (expense), net 1 (1)
Other income, net 3 6
Income before income tax expense 96 78
Income tax expense 23 17
Net income and Comprehensive income 73 61
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Net of Tax (1) 0
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest $ 72 $ 61
Weighted-average shares outstanding (in thousands):    
Weighted Average Number of Shares Outstanding, Basic and Diluted 89,003 88,833
Earnings per share:    
Earnings Per Share, Basic and Diluted $ 0.82 $ 0.68
Dividends declared per common share $ 0.32 $ 0.30