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Condensed Statements of Consolidated Income (Unaudited) - Houston Electric - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues $ 1,944 $ 1,742 $ 4,707 $ 4,289
Expenses:        
Operation and maintenance 662 677 1,350 1,346
Depreciation and amortization 327 327 645 634
Taxes other than income taxes 135 126 282 269
Total 1,593 1,446 3,879 3,540
Operating Income 351 296 828 749
Other Income (Expense):        
Interest expense and other finance charges (106) (126) (259) (266)
Interest expense on Securitization Bonds (4) (5) (8) (11)
Other income, net (1) 18 17 37
Total (107) (115) 146 (239)
Income from Continuing Operations Before Income Taxes 244 181 974 510
Income tax expense (benefit) 54 (19) 253 30
Net Income 190 251 721 614
Houston Electric        
Revenues 881 786 1,627 1,470
Expenses:        
Operation and maintenance 403 390 798 763
Depreciation and amortization 174 161 336 302
Taxes other than income taxes 68 65 131 128
Total 645 616 1,265 1,193
Operating Income 236 170 362 277
Other Income (Expense):        
Interest expense and other finance charges (50) (47) (98) (92)
Interest expense on Securitization Bonds (4) (5) (8) (11)
Other income, net 4 3 8 8
Total (50) (49) (98) (95)
Income from Continuing Operations Before Income Taxes 186 121 264 182
Income tax expense (benefit) 39 18 56 26
Net Income $ 147 $ 103 $ 208 $ 156