XML 72 R22.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Operations - SPPC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Total operating revenue $ 26,337 $ 25,150 $ 20,952
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
Interest expense (2,216) (2,118) (2,021)
Allowance for equity funds 167 126 165
Interest and dividend income 154 89 71
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
SPPC      
Total operating revenue 1,193 965 854
Operations and maintenance 189 163 162
Depreciation and amortization 149 143 141
Property and other taxes 24 24 23
Total operating expenses 1,028 798 689
Operating income 165 167 165
Interest expense (58) (54) (56)
Allowance for borrowed funds 3 2 2
Allowance for equity funds 7 7 4
Interest and dividend income 18 9 4
Other, net 2 11 7
Total other income (expense) (28) (25) (39)
Income (loss) before income tax expense (benefit) and equity income (loss) 137 142 126
Income tax (benefit) expense 19 18 15
Net income (loss) attributable to parent 118 124 111
SPPC | Regulated electric      
Total operating revenue 1,025 848 738
Cost of fuel and energy 555 407 301
SPPC | Regulated natural gas      
Total operating revenue 168 117 116
Cost of fuel and energy $ 111 $ 61 $ 62