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CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues $ 656 $ 617
Expenses:    
Operation and maintenance 331 309
Depreciation and amortization 189 151
Taxes other than income taxes 57 56
Total 577 516
Operating Income 79 101
Other Income (Expense):    
Interest and other finance charges (31) (29)
Interest on securitization bonds (24) (28)
Other, net 3 4
Total (52) (53)
Income Before Income Taxes 27 48
Income tax expense 10 17
Net Income $ 17 $ 31