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Condensed Statements of Consolidated Income - Houston Electric - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating revenues $ 2,763 $ 2,547
Expenses:    
Operation and maintenance 688 669
Depreciation and amortization 318 307
Taxes other than income taxes 147 143
Total 2,286 2,094
Operating Income 477 453
Other Income (Expense):    
Interest expense and other finance charges (153) (140)
Interest expense on Securitization Bonds (4) (6)
Other income, net 18 19
Total 253 (124)
Income from Continuing Operations Before Income Taxes 730 329
Income tax expense 199 49
Net Income 531 363
Houston Electric    
Operating revenues 746 684
Expenses:    
Operation and maintenance 395 373
Depreciation and amortization 162 141
Taxes other than income taxes 63 63
Total 620 577
Operating Income 126 107
Other Income (Expense):    
Interest expense and other finance charges (48) (45)
Interest expense on Securitization Bonds (4) (6)
Other income, net 4 5
Total (48) (46)
Income from Continuing Operations Before Income Taxes 78 61
Income tax expense 17 8
Net Income $ 61 $ 53