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CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues $ 748 $ 707 $ 1,955 $ 1,802
Expenses:        
Operation and maintenance 233 230 692 661
Depreciation and amortization 219 179 563 453
Taxes other than income taxes 54 54 160 158
Total 506 463 1,415 1,272
Operating Income 242 244 540 530
Other Income (Expense):        
Interest and other finance charges (36) (38) (110) (113)
Interest on transition and system restoration bonds (37) (31) (112) (96)
Return on true-up balance 0 352 0 352
Other, net 15 15 32 30
Total (58) 298 (190) 173
Income Before Income Taxes 184 542 350 703
Income tax expense 46 175 98 233
Income Before Extraordinary Item 138 367 252 470
Extraordinary Item, net of tax 0 598 0 598
Net Income $ 138 $ 965 $ 252 $ 1,068