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STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues [Abstract]      
Operating revenue $ 2,426 $ 2,465 $ 1,870
Operating expenses      
Electric fuel and purchased power 1,157 1,432 835
Operating and maintenance expenses 317 271 275
Demand side management program expenses 23 17 16
Depreciation and amortization 388 300 295
Taxes (other than income taxes) 107 79 90
Total operating expenses 1,992 2,099 1,511
Operating income 434 366 359
Other income (expense), net 0 1 (2)
Allowance for funds used during construction — equity 3 4 33
Interest charges and financing costs      
Interest Expense 143 114 119
Allowance for funds used during construction — debt (2) (2) (14)
Total interest charges and financing costs 141 112 105
Income before income taxes 296 259 285
Income taxes (53) (59) (10)
Net income $ 349 $ 318 $ 295