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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Thousands
3 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:          
Utility revenues     $ 9,018,000,000 $ 8,042,000,000 $ 7,049,000,000
Non-utility revenues     303,000,000 310,000,000 369,000,000
Total     9,321,000,000 8,352,000,000 7,418,000,000
Expenses:          
Utility natural gas, fuel and purchased power     2,887,000,000 2,127,000,000 1,488,000,000
Non-utility cost of revenues, including natural gas     204,000,000 208,000,000 257,000,000
Operation and maintenance     2,833,000,000 2,810,000,000 2,744,000,000
Depreciation and amortization     1,288,000,000 1,316,000,000 1,189,000,000
Taxes other than income taxes     543,000,000 528,000,000 516,000,000
Goodwill impairment $ 0 $ 0 0 0 185,000,000
Total     7,755,000,000 6,989,000,000 6,379,000,000
Operating Income     1,566,000,000 1,363,000,000 1,039,000,000
Other Income (Expense):          
Gain (loss) on equity securities     (227,000,000) (172,000,000) 49,000,000
Gain (loss) on indexed debt securities     325,000,000 50,000,000 (60,000,000)
Gain on sale     303,000,000 8,000,000 0
Interest expense and other finance charges     (511,000,000) (508,000,000) (501,000,000)
Interest expense on Securitization Bonds     (13,000,000) (21,000,000) (28,000,000)
Other income (expense), net     (26,000,000) 58,000,000 64,000,000
Total     (149,000,000) (585,000,000) (476,000,000)
Income from Continuing Operations Before Income Taxes     1,417,000,000 778,000,000 563,000,000
Income tax expense     360,000,000 110,000,000 80,000,000
Income From Continuing Operations     1,057,000,000 668,000,000 483,000,000
Net Income (Loss)     1,057,000,000 1,486,000,000 (773,000,000)
Income allocated to preferred shareholders     49,000,000 95,000,000 176,000,000
Income (Loss) Available to Common Shareholders     $ 1,008,000,000 $ 1,391,000,000 $ (949,000,000)
Earnings (loss) per common share:          
Basic earnings per common share - continuing operations (in dollars per share)     $ 1.60 $ 0.97 $ 0.58
Basic earnings (loss) per common share - discontinued operations (in dollars per share)     0 1.38 (2.37)
Basic Earnings (Loss) Per Common Share (in dollars per share)     1.60 2.35 (1.79)
Basic Earnings (Loss) Per Common Share          
Diluted earnings per common share - continuing operations (in dollars per share)     1.59 0.94 0.58
Diluted earnings (loss) per common share - discontinued operations (in dollars per share)     0 1.34 (2.37)
Diluted Earnings (Loss) Per Common Share (in dollars per share)     $ 1.59 $ 2.28 $ (1.79)
Weighted Average Common Shares Outstanding, Basic     629,415 592,933 531,031
Weighted Average Common Shares Outstanding, Diluted     632,346 609,938 531,031