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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Electric $ 2,526 $ 2,637 $ 2,519
Gas 0 0 650
Total revenues 2,526 2,637 3,169
Expenses      
Fuel 517 605 676
Purchased power 105 78 151
Cost of natural gas sold 0 0 257
Operations & maintenance 545 595 619
Depreciation and amortization 454 422 436
Taxes, other than income 224 234 257
Total expenses 1,845 1,934 2,396
Income from operations 681 703 773
Other income      
Allowance for other funds used during construction 30 19 35
Interest income from affiliates 0 38 0
Other income, net 18 32 20
Total other income 48 89 55
Interest charges      
Interest expense 203 234 178
Interest expense to affiliates 0 11 0
Allowance for borrowed funds used during construction (10) (6) (11)
Total interest charges 193 239 167
Income before provision for income taxes 536 553 661
Provision for income taxes 68 87 121
Net income 468 466 540
Comprehensive income $ 468 $ 466 $ 540