XML 33 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUES    
Natural gas $ 2,025 $ 2,362
Electric 1,224 1,059
Energy-related businesses 406 381
Total revenues 3,655 3,802
Operating expenses:    
Operation and maintenance (1,242) (1,343)
Depreciation and amortization (621) (640)
Franchise fees and other taxes (210) (196)
Other income, net 100 91
Interest income 40 34
Interest expense (382) (433)
Income before income taxes and equity earnings 848 651
Income tax expense (65) (57)
Equity earnings 367 325
Net income 1,150 919
Earnings attributable to noncontrolling interests (107) (2)
Earnings attributable to contingently redeemable noncontrolling interest (6) 0
Preferred dividends 0 (11)
Earnings attributable to common shares $ 1,037 $ 906
Basic EPS:    
Earnings (in dollars per share) $ 1.59 $ 1.39
Weighted-average common shares outstanding (in shares) 653,589 651,992
Diluted EPS:    
Earnings (in dollars per share) $ 1.58 $ 1.39
Weighted-average common shares outstanding (in shares) 655,488 653,018
Natural gas    
Operating expenses:    
Operating expenses $ (335) $ (493)
Electric fuel and purchased power    
Operating expenses:    
Operating expenses (81) (52)
Energy-related businesses    
Operating expenses:    
Operating expenses $ (76) $ (119)