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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenue:        
Total operating revenue $ 7,500 $ 6,968 $ 20,142 $ 19,113
Energy:        
Cost of sales 1,959 1,385 4,944 4,064
Operations and maintenance 1,064 1,001 3,088 2,972
Depreciation and amortization 1,102 946 3,154 2,797
Property and other taxes 200 194 604 593
Real estate 1,352 1,608 4,086 4,312
Total operating expenses 5,677 5,134 15,876 14,738
Operating income 1,823 1,834 4,266 4,375
Other income (expense):        
Interest expense (555) (531) (1,637) (1,593)
Capitalized interest 19 18 54 46
Allowance for equity funds 43 34 123 90
Interest and dividend income 40 18 93 65
(Losses) gains on marketable securities, net (3,270) 294 (1,999) 1,142
Other, net 5 8 (16) 64
Total other income (expense) (3,718) (159) (3,382) (186)
(Loss) income before income tax benefit and equity loss (1,895) 1,675 884 4,189
Income tax benefit (1,213) (355) (1,571) (563)
Equity loss (13) (5) (153) (234)
Net (loss) income (695) 2,025 2,302 4,518
Net income attributable to noncontrolling interests 147 103 376 311
Net (loss) income attributable to parent (842) 1,922 1,926 4,207
Preferred dividends 8 26 37 101
(Loss) earnings on common shares (850) 1,896 1,889 4,106
Energy        
Operating revenue:        
Total operating revenue 6,095 5,225 15,858 14,375
Real estate        
Operating revenue:        
Total operating revenue $ 1,405 $ 1,743 $ 4,284 $ 4,738