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Condensed Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Electric $ 672 $ 677 $ 1,220 $ 1,229
Expenses        
Fuel 131 139 264 276
Purchased power 35 24 43 34
Operations and maintenance 142 157 276 275
Depreciation and amortization 113 105 225 209
Taxes, other than income 59 58 111 110
Total expenses 480 483 919 904
Income from operations 192 194 301 325
Other income        
Allowance for equity funds used during construction 6 4 11 7
Interest income from affiliates 0 10 0 18
Other income, net 3 9 9 19
Total other income 9 23 20 44
Interest charges        
Interest expense 49 60 100 116
Interest expense to affiliates 0 2 0 5
Allowance for borrowed funds used during construction (2) (1) (4) (2)
Total interest charges 47 61 96 119
Income before provision for income taxes 154 156 225 250
Provision for income taxes 18 24 26 39
Net income 136 132 199 211
Comprehensive income $ 136 $ 132 $ 199 $ 211