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Condensed Statements of Consolidated Income (Unaudited) - 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:        
Utility revenues $ 1,789 $ 1,862 $ 4,506 $ 4,571
Non-utility revenues 86 82 148 136
Total 1,875 1,944 4,654 4,707
Expenses:        
Utility natural gas, fuel and purchased power 280 413 1,358 1,511
Non-utility cost of revenues, including natural gas 57 56 97 91
Operation and maintenance 679 662 1,342 1,350
Depreciation and amortization 349 327 668 645
Taxes other than income taxes 130 135 268 282
Total 1,495 1,593 3,733 3,879
Operating Income 380 351 921 828
Other Income (Expense):        
Gain (loss) on equity securities (31) (61) 7 (78)
Gain (loss) on indexed debt securities 34 65 (5) 171
Gain (loss) on sale (12) 0 (12) 303
Interest expense and other finance charges (165) (106) (313) (259)
Interest expense on Securitization Bonds (2) (4) (4) (8)
Other income (expense), net 13 (1) 26 17
Total (163) (107) (301) 146
Income Before Income Taxes 217 244 620 974
Income tax expense 99 54 177 253
Net Income 118 190 443 721
Income allocated to preferred shareholders 12 11 24 24
Income Available to Common Shareholders $ 106 $ 179 $ 419 $ 697
Basic Earnings (Loss) Per Common Share [Abstract]        
Basic Earnings Per Common Share (in dollars per share) $ 0.17 $ 0.28 $ 0.66 $ 1.11
Diluted Earnings (Loss) Per Common Share [Abstract]        
Diluted Earnings Per Common Share (in dollars per share) $ 0.17 $ 0.28 $ 0.66 $ 1.10
Weighted Average Common Shares Outstanding, Basic (in shares) 631,057 629,475 630,685 629,306
Weighted Average Common Shares Outstanding, Diluted (in shares) 633,005 631,663 633,030 631,494