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STATEMENTS OF CONSOLIDATED INCOME - HOUSTON ELECTRIC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statements of Consolidated Income      
Total revenues $ 8,352 $ 7,418 $ 7,564
Expenses:      
Operation and maintenance 2,810 2,744 2,775
Depreciation and amortization 1,316 1,189 1,225
Taxes other than income taxes 528 516 474
Total 6,989 6,379 6,493
Operating Income 1,363 1,039 1,071
Other Income (Expense):      
Interest expense and other finance charges (508) (501) (528)
Interest expense on Securitization Bonds (21) (28) (39)
Other income, net 58 64 51
Total (585) (476) (526)
Income before income taxes 778 563 545
Income tax expense 110 80 30
Net income (loss) 1,486 (773) 791
Houston Electric      
Statements of Consolidated Income      
Total revenues 3,134 2,911 2,990
Expenses:      
Operation and maintenance 1,597 1,523 1,477
Depreciation and amortization 642 560 648
Taxes other than income taxes 251 252 247
Total 2,490 2,335 2,372
Operating Income 644 576 618
Other Income (Expense):      
Interest expense and other finance charges (183) (171) (164)
Interest expense on Securitization Bonds (21) (28) (39)
Other income, net 17 10 21
Total (187) (189) (182)
Income before income taxes 457 387 436
Income tax expense 76 53 80
Net income (loss) $ 381 $ 334 $ 356