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CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues $ 763 $ 705 $ 1,419 $ 1,322
Expenses:        
Operation and maintenance 331 318 662 627
Depreciation and amortization 217 174 406 325
Taxes other than income taxes 57 55 114 111
Total 605 547 1,182 1,063
Operating Income 158 158 237 259
Other Income (Expense):        
Interest and other finance charges (31) (29) (62) (58)
Interest on securitization bonds (23) (27) (47) (55)
Other, net 6 6 9 10
Total (48) (50) (100) (103)
Income Before Income Taxes 110 108 137 156
Income tax expense 39 39 49 56
Net Income $ 71 $ 69 $ 88 $ 100