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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Natural Gas $ 6,333 $ 5,411 $ 5,185
Electric 4,658 4,614 4,263
Energy-related businesses 1,866 1,345 1,381
Total revenues 12,857 11,370 10,829
EXPENSES AND OTHER INCOME      
Operation and maintenance (4,338) (3,940) (3,466)
Aliso canyon litigation and regulatory matters (1,593) (307) 0
Depreciation and amortization (1,855) (1,666) (1,569)
Franchise fees and other taxes (596) (543) (496)
Impairment losses (3) (1) (43)
Gain (loss) on sale of assets 36 (3) 63
Other income (expense), net 58 (48) 77
Interest income 69 96 87
Interest expense (1,198) (1,081) (1,077)
Income from continuing operations before income taxes and equity earnings 219 1,489 1,734
Income tax expense (99) (249) (315)
Equity earnings 1,343 1,015 580
Income from continuing operations, net of tax 1,463 2,255 1,999
Income from discontinued operations, net of income tax 0 1,850 363
Net income 1,463 4,105 2,362
Earnings attributable to noncontrolling interest (145) (172) (164)
Preferred dividends (63) (168) (142)
Preferred dividends of subsidiary (1) (1) (1)
Earnings attributable to common shares $ 1,254 $ 3,764 $ 2,055
Basic EPS:      
Earnings from continuing operations attributable to common shares $ 4.03 $ 6.61 $ 6.22
Earning from discontinued operations 0 6.32 1.18
Earnings $ 4.03 $ 12.93 $ 7.40
Weighted-average common shares outstanding for basic EPS (in shares) 311,755 291,077 277,904
Diluted EPS:      
Earnings from continuing operations - Diluted EPS (in dollars per share) $ 4.01 $ 6.58 $ 6.13
Earnings from discontinued operations 0 6.30 1.16
Earnings $ 4.01 $ 12.88 $ 7.29
Weighted Average Common Shares Outstanding 313,036 292,252 282,033
Cost of natural gas      
EXPENSES AND OTHER INCOME      
Operating expenses $ (1,597) $ (925) $ (1,139)
Cost of electric fuel and purchased power      
EXPENSES AND OTHER INCOME      
Operating expenses (1,010) (1,187) (1,188)
Energy-related businesses cost of sales      
EXPENSES AND OTHER INCOME      
Operating expenses $ (611) $ (276) $ (344)