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Condensed Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Electric $ 548 $ 552
Expenses    
Fuel 133 137
Purchased power 8 10
Operations and maintenance 134 118
Depreciation and amortization 112 104
Taxes, other than income 52 52
Total expenses 439 421
Income from operations 109 131
Other income    
Allowance for equity funds used during construction 5 3
Interest income from affiliates 0 8
Other income, net 6 10
Total other income 11 21
Interest charges    
Interest expense 51 56
Interest expense to affiliates 0 3
Allowance for borrowed funds used during construction (2) (1)
Total interest charges 49 58
Income before provision for income taxes 71 94
Provision for income taxes 8 15
Net income 63 79
Comprehensive income $ 63 $ 79