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Condensed Statements of Consolidated Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Utility revenues $ 2,709 $ 2,484
Non-utility revenues 54 63
Total 2,763 2,547
Expenses:    
Utility natural gas, fuel and purchased power 1,098 935
Non-utility cost of revenues, including natural gas 35 40
Operation and maintenance 688 669
Depreciation and amortization 318 307
Taxes other than income taxes 147 143
Total 2,286 2,094
Operating Income 477 453
Other Income (Expense):    
Loss on equity securities (17) (23)
Gain on indexed debt securities 106 26
Gain on sale 303 0
Interest expense and other finance charges (153) (140)
Interest expense on Securitization Bonds (4) (6)
Other income, net 18 19
Total 253 (124)
Income from Continuing Operations Before Income Taxes 730 329
Income tax expense 199 49
Income from Continuing Operations 531 280
Income from Discontinued Operations (net of tax expense of $—, $25, respectively) 0 83
Net Income 531 363
Income allocated to preferred shareholders 13 29
Income Available to Common Shareholders $ 518 $ 334
Basic Earnings (Loss) Per Common Share [Abstract]    
Basic earnings per common share - continuing operations (in dollars per share) $ 0.82 $ 0.41
Basic earnings (loss) per common share - discontinued operations (in dollars per share) 0 0.15
Basic Earnings (Loss) Per Common Share (in dollars per share) 0.82 0.56
Diluted Earnings (Loss) Per Common Share [Abstract]    
Diluted earnings per common share - continuing operations (in dollars per share) 0.82 0.43
Diluted earnings (loss) per common share - discontinued operations (in dollars per share) 0 0.13
Diluted Earnings (Loss) Per Common Share (in dollars per share) $ 0.82 $ 0.56
Weighted Average Common Shares Outstanding, Basic 629,134 551,546
Weighted Average Common Shares Outstanding, Diluted 631,304 631,420