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Condensed Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Electric $ 724 $ 795 $ 1,944 $ 2,024
Expenses        
Fuel 139 179 403 455
Purchased power 25 31 68 65
Operations and maintenance 138 172 414 447
Depreciation and amortization 115 107 340 316
Taxes, other than income 59 67 170 177
Total expenses 476 556 1,395 1,460
Income from operations 248 239 549 564
Other income        
Allowance for equity funds used during construction 9 6 20 13
Interest income from affiliates 0 10 0 28
Other income, net 4 8 13 27
Total other income 13 24 33 68
Interest charges        
Interest expense 52 60 152 176
Interest expense to affiliates 0 3 0 8
Allowance for borrowed funds used during construction (3) (2) (7) (4)
Total interest charges 49 61 145 180
Income before provision for income taxes 212 202 437 452
Provision for income taxes 27 32 53 71
Net income 185 170 384 381
Comprehensive income $ 185 $ 170 $ 384 $ 381