XML 23 R2.htm IDEA: XBRL DOCUMENT v3.24.2
Condensed Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ 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, fuel and purchased power 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):        
Gain (loss) on equity securities 19 (31) (64) 7
Gain (loss) on indexed debt securities (18) 34 67 (5)
Loss on sale 0 (12) 0 (12)
Interest expense and other finance charges (212) (165) (410) (313)
Interest expense on Securitization Bonds (5) (2) (11) (4)
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
Income allocated to preferred shareholders 0 12 0 24
Income Available to Common Shareholders $ 228 $ 106 $ 578 $ 419
Basic Earnings Per Common Share (in dollars per share) $ 0.36 $ 0.17 $ 0.91 $ 0.66
Diluted Earnings Per Common Share (in dollars per share) $ 0.36 $ 0.17 $ 0.91 $ 0.66
Weighted Average Common Shares Outstanding, Basic (in shares) 640,754 631,057 636,491 630,685
Weighted Average Common Shares Outstanding, Diluted (in shares) 641,816 633,005 637,893 633,030