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Statements of Operations - MEC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating revenue:      
Total operating revenue $ 26,337 $ 25,150 $ 20,952
Operating expenses:      
Cost of fuel and energy 6,757 5,504 4,187
Total operating expenses 21,096 19,823 16,661
Operating income 5,241 5,327 4,291
Other income (expense):      
Interest expense (2,216) (2,118) (2,021)
Allowance for equity funds 167 126 165
Other, net (7) (17) 88
Total other income (expense) (3,828) (33) 3,180
Income (loss) before income tax expense (benefit) and equity income (loss) 1,413 5,294 7,471
Income tax (benefit) expense (1,916) (1,132) 308
Net income (loss) attributable to parent 2,721 5,790 6,943
MEC      
Operating revenue:      
Total operating revenue 4,025 3,547 2,720
Operating expenses:      
Operations and maintenance 828 775 754
Depreciation and amortization 1,168 914 716
Property and other taxes 149 142 135
Total operating expenses 3,587 3,131 2,272
Operating income 438 416 448
Other income (expense):      
Interest expense (313) (302) (304)
Allowance for borrowed funds 15 13 15
Allowance for equity funds 51 39 45
Other, net 0 53 52
Total other income (expense) (247) (197) (192)
Income (loss) before income tax expense (benefit) and equity income (loss) 191 219 256
Income tax (benefit) expense (770) (675) (570)
Net income (loss) attributable to parent 961 894 826
Regulated electric | MEC      
Operating revenue:      
Total operating revenue 2,988 2,529 2,139
Operating expenses:      
Cost of fuel and energy 679 539 339
Regulated natural gas and other | MEC      
Operating revenue:      
Total operating revenue 1,037 1,018 581
Operating expenses:      
Cost of fuel and energy $ 763 $ 761 $ 328