XML 40 R17.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Statements of Consolidated Income - CERC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Utility revenues $ 2,709 $ 2,484
Non-utility revenues 54 63
Total 2,763 2,547
Expenses:    
Utility natural gas, fuel and purchased power 1,098 935
Non-utility cost of revenues, including natural gas 35 40
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):    
Gain on sale 303 0
Interest expense and other finance charges (153) (140)
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
CERC Corp    
Revenues:    
Utility revenues 1,376 1,168
Non-utility revenues 9 9
Total 1,385 1,177
Expenses:    
Utility natural gas, fuel and purchased power 857 623
Non-utility cost of revenues, including natural gas 1 2
Operation and maintenance 187 198
Depreciation and amortization 72 80
Taxes other than income taxes 56 56
Total 1,173 959
Operating Income 212 218
Other Income (Expense):    
Gain on sale 557 0
Interest expense and other finance charges (21) (24)
Other income, net 0 (1)
Total 536 (25)
Income from Continuing Operations Before Income Taxes 748 193
Income tax expense 194 42
Net Income $ 554 $ 151