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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Electric $ 2,519 $ 2,170 $ 1,845
Gas 650 525 427
Total revenues 3,169 2,695 2,272
Expenses      
Fuel 676 604 340
Purchased power 151 106 83
Cost of natural gas sold 257 155 121
Operations & maintenance 619 566 542
Depreciation and amortization 436 430 384
Taxes, other than income 257 228 202
Total expenses 2,396 2,089 1,672
Income from operations 773 606 600
Other income      
Allowance for other funds used during construction 35 45 30
Other income, net 20 5 6
Total other income 55 50 36
Interest charges      
Interest expense 178 151 144
Allowance for borrowed funds used during construction (11) (21) (14)
Total interest charges 167 130 130
Income before provision for income taxes 661 526 506
Provision for income taxes 121 80 82
Net income 540 446 424
Other comprehensive income, net of tax      
Comprehensive income $ 540 $ 446 $ 424