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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES        
Natural gas $ 1,660 $ 1,704 $ 6,072 $ 4,024
Electric 1,054 1,189 2,081 2,306
Energy-related businesses 621 654 1,742 1,037
Total revenues 3,335 3,547 9,895 7,367
Operating expenses:        
Operation and maintenance (1,366) (1,162) (2,575) (2,248)
Aliso Canyon litigation and regulatory matters 0 (45) 0 (137)
Depreciation and amortization (549) (501) (1,088) (994)
Franchise fees and other taxes (148) (150) (340) (312)
Other income (expense), net 31 (1) 72 37
Interest income 17 15 41 40
Interest expense (317) (271) (683) (514)
Income before income taxes and equity earnings 523 364 1,852 1,029
Income Tax Expense (175) (80) (551) (414)
Equity earnings 388 375 607 701
Net income 736 659 1,908 1,316
Earnings attributable to noncontrolling interests (121) (88) (313) (122)
Preferred dividends (11) (11) (22) (22)
Preferred dividends of subsidiary (1) (1) (1) (1)
Earnings attributable to common shares $ 603 $ 559 $ 1,572 $ 1,171
Basic EPS:        
Earnings (in dollars per share) $ 1.91 $ 1.78 $ 4.99 $ 3.71
Weighted-average common shares outstanding (in shares) 315,007 314,845 314,963 315,595
Diluted EPS:        
Earnings (in dollars per share) $ 1.91 $ 1.77 $ 4.97 $ 3.70
Weighted-average common shares outstanding (in shares) 316,060 315,867 316,092 316,647
Natural gas        
Operating expenses:        
Operating expenses $ (311) $ (528) $ (2,994) $ (1,330)
Electric fuel and purchased power        
Operating expenses:        
Operating expenses (88) (251) (202) (456)
Energy-related businesses        
Operating expenses:        
Operating expenses $ (81) $ (289) $ (274) $ (424)