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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue, net $ 462 $ 449 $ 1,032 $ 944
Alternative revenue programs, net of amortization (2) 0 1 (2)
Total Revenues 460 449 1,033 942
Operating expenses:        
Purchased power and fuel 105 104 284 234
Generation, transmission and distribution 86 71 163 140
Administrative and other 78 70 149 139
Depreciation and amortization 101 93 202 185
Taxes other than income taxes 33 31 67 64
Total operating expenses 403 369 865 762
Income from operations 57 80 168 180
Interest expense, net 31 31 63 62
Other income:        
Allowance for equity funds used during construction 2 2 5 6
Miscellaneous income, net 0 1 2 0
Other income, net 2 3 7 6
Income before income tax expense 28 52 112 124
Income tax expense 3 6 14 14
Net income 25 46 98 110
Other Comprehensive Income 1 0 2 0
Comprehensive Income $ 26 $ 46 $ 100 $ 110
Weighted-average common shares outstanding (in thousands):        
Basic 89,357 89,215 89,333 89,188
Diluted 89,561 89,215 89,537 89,188
Earnings per share:        
Basic $ 0.28 $ 0.51 $ 1.10 $ 1.23
Diluted $ 0.28 $ 0.51 $ 1.09 $ 1.23