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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues $ 3,059 $ 2,846 $ 2,846
Expenses:      
Operation and maintenance 1,363 1,311 1,258
Depreciation and amortization 838 705 768
Taxes other than income taxes 231 222 224
Total 2,432 2,238 2,250
Operating Income 627 608 596
Other Income (Expense):      
Interest and other finance charges (126) (118) (109)
Interest on Securitization Bonds (91) (105) (118)
Other, net 15 21 14
Total (202) (202) (213)
Income Before Income Taxes 425 406 383
Income tax expense 149 145 131
Net Income $ 276 $ 261 $ 252