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Condensed Statements of Consolidated Income (Unaudited) - CERC - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Utility revenues $ 1,892 $ 1,789 $ 4,499 $ 4,506
Non-utility revenues 13 86 26 148
Total 1,905 1,875 4,525 4,654
Expenses:        
Utility natural gas 233 280 1,020 1,358
Non-utility cost of revenues, including natural gas 0 57 1 97
Operation and maintenance 678 679 1,387 1,342
Depreciation and amortization 386 349 749 668
Taxes other than income taxes 141 130 285 268
Total 1,438 1,495 3,442 3,733
Operating Income 467 380 1,083 921
Other Income (Expense):        
Interest expense and other finance charges (212) (165) (410) (313)
Other income, net 10 13 24 26
Total (206) (163) (394) (301)
Income Before Income Taxes 261 217 689 620
Income tax expense 33 99 111 177
Net Income 228 118 578 443
CERC        
Revenues:        
Utility revenues 668 733 2,168 2,440
Non-utility revenues 11 12 23 22
Total 679 745 2,191 2,462
Expenses:        
Utility natural gas 182 260 906 1,258
Non-utility cost of revenues, including natural gas 0 0 1 1
Operation and maintenance 181 211 407 429
Depreciation and amortization 138 122 265 240
Taxes other than income taxes 61 59 125 128
Total 562 652 1,704 2,056
Operating Income 117 93 487 406
Other Income (Expense):        
Interest expense and other finance charges (58) (45) (107) (87)
Other income, net 3 5 6 6
Total (55) (40) (101) (81)
Income Before Income Taxes 62 53 386 325
Income tax expense 15 10 75 70
Net Income $ 47 $ 43 $ 311 $ 255