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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, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue, net $ 588 $ 545 $ 1,213 $ 1,157
Alternative revenue programs, net of amortization 3 (8) 4 (11)
Total revenues 591 537 1,217 1,146
Operating expenses:        
Purchased power and fuel 168 185 370 354
Generation, transmission and distribution 85 76 175 156
Administrative and other 84 79 173 165
Depreciation and amortization 103 101 202 204
Taxes other than income taxes 39 35 79 73
Total operating expenses 479 476 999 952
Income from operations 112 61 218 194
Interest expense, net 38 33 76 67
Other income:        
Allowance for equity funds used during construction 3 5 6 9
Miscellaneous income (loss), net 0 3 0 5
Other income, net 3 8 6 14
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 77 36 148 141
Income tax expense 13 4 24 13
Net income 64 32 124 128
Other comprehensive Income 1 0 1 0
Comprehensive Income $ 65 $ 32 $ 125 $ 128
Weighted-average common shares outstanding (in thousands):        
Basic 89,225 89,554 89,310 89,555
Diluted 89,371 89,672 89,449 89,687
Earnings Per Share, Basic and Diluted $ 0.72 $ 0.36 $ 1.39 $ 1.43