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Condensed Statements of Consolidated Income (Unaudited) - CERC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Utility revenues $ 1,849 $ 1,829 $ 6,355 $ 6,400
Non-utility revenues 11 74 159 210
Total 1,860 1,903 6,514 6,610
Expenses:        
Utility natural gas 192 349 1,550 1,860
Non-utility cost of revenues, including natural gas 1 52 98 143
Operation and maintenance 648 670 1,990 2,020
Depreciation and amortization 374 329 1,042 974
Taxes other than income taxes 127 119 395 401
Total 1,342 1,519 5,075 5,398
Operating Income 518 384 1,439 1,212
Other Income (Expense):        
Gain on sale 0 0 (12) 303
Interest expense and other finance charges (176) (116) (489) (375)
Other income (expense), net 13 8 39 25
Total (168) (107) (469) 39
Income Before Income Taxes 350 277 970 1,251
Income tax expense 68 75 245 328
Net Income 282 202 725 923
CERC        
Revenues:        
Utility revenues 574 663 3,014 3,206
Non-utility revenues 9 9 31 26
Total 583 672 3,045 3,232
Expenses:        
Utility natural gas 141 276 1,399 1,660
Non-utility cost of revenues, including natural gas 1 1 2 3
Operation and maintenance 187 190 616 630
Depreciation and amortization 125 113 365 333
Taxes other than income taxes 53 50 181 185
Total 507 630 2,563 2,811
Operating Income 76 42 482 421
Other Income (Expense):        
Gain on sale 0 0 0 557
Interest expense and other finance charges (44) (32) (131) (91)
Other income (expense), net 6 0 12 (11)
Total (38) (32) (119) 455
Income Before Income Taxes 38 10 363 876
Income tax expense 10 17 80 220
Net Income $ 28 $ (7) $ 283 $ 656