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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues $ 2,998 $ 3,059 $ 2,846
Expenses:      
Operation and maintenance 1,428 1,363 1,311
Depreciation and amortization 724 838 705
Taxes other than income taxes 235 231 222
Total 2,387 2,432 2,238
Operating Income 611 627 608
Other Income (Expense):      
Interest and other finance charges (128) (126) (118)
Interest on Securitization Bonds (77) (91) (105)
Other, net 18 15 21
Total (187) (202) (202)
Income Before Income Taxes 424 425 406
Income tax expense (benefit) (9) 149 145
Net Income $ 433 $ 276 $ 261