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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue, net $ 932 $ 940
Alternative revenue programs, net of amortization (4) (11)
Total revenues 928 929
Operating expenses:    
Purchased power and fuel 368 405
Generation, transmission and distribution 110 99
Administrative and other 96 95
Depreciation and amortization 140 121
Taxes other than income taxes 46 47
Total operating expenses 760 767
Income from operations 168 162
Interest expense, net 56 51
Other income:    
Allowance for equity funds used during construction 5 5
Miscellaneous income (loss), net 5 6
Other income, net 10 11
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 122 122
Income tax expense 22 13
Net income 100 109
Other comprehensive Income 0 1
Comprehensive Income $ 100 $ 110
Weighted-average common shares outstanding (in thousands):    
Basic 109,423 101,299
Diluted 109,683 101,467
Earnings per share:    
Diluted $ 0.91 $ 1.08