XML 26 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Utility revenues $ 1,849 $ 1,829 $ 6,355 $ 6,400
Non-utility revenues 11 74 159 210
Total 1,860 1,903 6,514 6,610
Expenses:        
Utility natural gas, fuel and purchased power 192 349 1,550 1,860
Non-utility cost of revenues, including natural gas 1 52 98 143
Operation and maintenance 648 670 1,990 2,020
Depreciation and amortization 374 329 1,042 974
Taxes other than income taxes 127 119 395 401
Total 1,342 1,519 5,075 5,398
Operating Income 518 384 1,439 1,212
Other Income (Expense):        
Gain (loss) on equity securities 49 (206) 56 (284)
Gain (loss) on indexed debt securities (47) 210 (52) 381
Gain (loss) on sale 0 0 (12) 303
Interest expense and other finance charges (176) (116) (489) (375)
Interest expense on Securitization Bonds (7) (3) (11) (11)
Other income, net 13 8 39 25
Total (168) (107) (469) 39
Income Before Income Taxes 350 277 970 1,251
Income tax expense 68 75 245 328
Net Income 282 202 725 923
Income allocated to preferred shareholders 26 13 50 37
Income Available to Common Shareholders $ 256 $ 189 $ 675 $ 886
Basic Earnings Per Common Share (in dollars per share) $ 0.41 $ 0.30 $ 1.07 $ 1.41
Diluted Earnings Per Common Share (in dollars per share) $ 0.40 $ 0.30 $ 1.07 $ 1.40
Weighted Average Common Shares Outstanding, Basic (in shares) 631,185 629,509 630,854 629,374
Weighted Average Common Shares Outstanding, Diluted (in shares) 633,043 633,068 633,037 632,933