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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues, net $ 515 $ 484 $ 1,494 $ 1,399
Operating expenses:        
Purchased power and fuel 184 180 443 455
Generation, transmission and distribution 73 69 235 199
Administrative and other 64 63 197 185
Depreciation and amortization 87 79 257 244
Taxes other than income taxes 30 29 94 89
Total operating expenses 438 420 1,226 1,172
Income from operations 77 64 268 227
Interest expense, net 30 28 90 82
Other income:        
Allowance for equity funds used during construction 4 4 9 19
Miscellaneous income, net 2 0 4 0
Other income, net 6 4 13 19
Income before income tax expense 53 40 191 164
Income tax expense 13 6 46 32
Net income and Comprehensive income $ 40 $ 34 $ 145 $ 132
Weighted-average shares outstanding-basic and diluted (in thousands) 89,065 88,921 89,044 88,885
Earnings per share-basic and diluted $ 0.44 $ 0.38 $ 1.62 $ 1.49
Dividends declared per common share $ 0.34 $ 0.32 $ 1.00 $ 0.94