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STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues [Abstract]      
Operating revenue $ 2,180 $ 1,939 $ 2,152
Operating expenses      
Electric fuel and purchased power 756 588 910
Operating and maintenance expenses 343 313 279
Demand side management program expenses 21 20 20
Depreciation and amortization 464 455 368
Taxes (other than income taxes) 104 102 100
Workforce Reduction Expense 0 0 9
Total operating expenses 1,688 1,478 1,686
Operating income 492 461 466
Other income (expense), net 9 12 2
Allowance for funds used during construction — equity 31 17 7
Interest charges and financing costs      
Interest Expense, Operating and Nonoperating 195 162 143
Allowance for funds used during construction — debt (18) (9) (7)
Total interest charges and financing costs 177 153 136
Income before income taxes 355 337 339
Income taxes (40) (57) (45)
Net income $ 395 $ 394 $ 384