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CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues $ 752 $ 763 $ 1,390 $ 1,419
Expenses:        
Operation and maintenance 350 331 699 662
Depreciation and amortization 180 217 332 406
Taxes other than income taxes 58 57 118 114
Total 588 605 1,149 1,182
Operating Income 164 158 241 237
Other Income (Expense):        
Interest and other finance charges (32) (31) (65) (62)
Interest on securitization bonds (20) (23) (40) (47)
Other, net 5 6 9 9
Total (47) (48) (96) (100)
Income Before Income Taxes 117 110 145 137
Income tax expense 42 39 52 49
Net Income $ 75 $ 71 $ 93 $ 88