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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues, net $ 2,121 $ 1,988 $ 2,009
Alternative revenue programs, net of amortization 2 3 0
Total Revenues 2,123 1,991 2,009
Operating expenses:      
Purchased power and fuel 614 571 592
Generation, transmission and distribution 323 292 309
Administrative and other 290 271 260
Depreciation and amortization 409 382 345
Taxes other than income taxes 134 129 123
Total operating expenses 1,770 1,645 1,629
Income from operations 353 346 380
Interest expense, net 128 124 120
Other income:      
Allowance for equity funds used during construction 10 11 12
Miscellaneous income, net 6 (4) 1
Other income, net 16 7 13
Income before income taxes 241 229 273
Income tax expense 27 17 86
Net income $ 214 $ 212 $ 187
Weighted-average shares outstanding (in thousands):      
Basic 89,353 89,215 89,056
Diluted 89,559 89,347 89,176
Earnings per share:      
Basic $ 2.39 $ 2.38 $ 2.10
Diluted $ 2.39 $ 2.37 $ 2.10