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STATEMENTS OF CONSOLIDATED INCOME - HOUSTON ELECTRIC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues $ 9,321 $ 8,352 $ 7,418
Expenses:      
Operation and maintenance 2,833 2,810 2,744
Depreciation and amortization 1,288 1,316 1,189
Taxes other than income taxes 543 528 516
Total 7,755 6,989 6,379
Operating Income 1,566 1,363 1,039
Other Income (Expense):      
Interest expense and other finance charges (511) (508) (501)
Interest expense on Securitization Bonds (13) (21) (28)
Other income (expense), net (26) 58 64
Total (149) (585) (476)
Income from Continuing Operations Before Income Taxes 1,417 778 563
Income tax expense 360 110 80
Net income (loss) 1,057 1,486 (773)
Houston Electric      
Revenues 3,412 3,134 2,911
Expenses:      
Operation and maintenance 1,650 1,597 1,523
Depreciation and amortization 670 642 560
Taxes other than income taxes 261 251 252
Total 2,581 2,490 2,335
Operating Income 831 644 576
Other Income (Expense):      
Interest expense and other finance charges (202) (183) (171)
Interest expense on Securitization Bonds (13) (21) (28)
Other income (expense), net 19 17 10
Total (196) (187) (189)
Income from Continuing Operations Before Income Taxes 635 457 387
Income tax expense 125 76 53
Net income (loss) $ 510 $ 381 $ 334