XML 23 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Operating Revenues $ 2,629,342 $ 2,572,641 $ 6,424,985 $ 6,043,951
Operating Expenses:        
Purchased Power, Purchased Natural Gas and Transmission 1,161,067 940,541 3,064,313 2,330,237
Operations and Maintenance 427,290 452,174 881,852 924,608
Depreciation 319,995 294,238 632,949 583,568
Amortization (218,422) 70,409 (294,481) 307,357
Energy Efficiency Programs 145,823 136,679 368,774 336,163
Taxes Other Than Income Taxes 232,927 223,031 461,344 443,395
Total Operating Expenses 2,068,680 2,117,072 5,114,751 4,925,328
Operating Income 560,662 455,569 1,310,234 1,118,623
Interest Expense 207,313 160,090 401,858 313,334
Impairment of Offshore Wind Investment 401,000 0 401,000 0
Other Income, Net 94,875 93,861 183,857 165,422
Income Before Income Tax Expense 47,224 389,340 691,233 970,711
Income Tax Expense 29,922 95,598 180,893 231,643
Net Income 17,302 293,742 510,340 739,068
Net Income Attributable to Noncontrolling Interests 1,880 1,880 3,759 3,759
Net Income Attributable to Common Shareholders $ 15,422 $ 291,862 $ 506,581 $ 735,309
Basic EPS (in dollars per share) $ 0.04 $ 0.84 $ 1.45 $ 2.13
Diluted EPS (in dollars per share) $ 0.04 $ 0.84 $ 1.45 $ 2.13
Weighted Average Common Shares Outstanding:        
Basic (in shares) 349,462,359 345,893,714 349,339,752 345,525,030
Diluted (in shares) 349,729,982 346,295,478 349,670,996 345,978,306