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STATEMENTS OF CONSOLIDATED INCOME - HOUSTON ELECTRIC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues $ 8,696 $ 9,321 $ 8,352
Expenses:      
Operation and maintenance 2,850 2,833 2,810
Depreciation and amortization 1,401 1,288 1,316
Taxes other than income taxes 525 543 528
Total 6,936 7,755 6,989
Operating Income 1,760 1,566 1,363
Other Income (Expense):      
Interest expense and other finance charges (684) (511) (508)
Interest expense on Securitization Bonds (17) (13) (21)
Other income (expense), net 37 (26) 58
Total (673) (149) (585)
Income from Continuing Operations Before Income Taxes 1,087 1,417 778
Income tax expense 170 360 110
Net income (loss) 917 1,057 1,486
Houston Electric      
Revenues 3,677 3,412 3,134
Expenses:      
Operation and maintenance 1,673 1,650 1,597
Depreciation and amortization 748 670 642
Taxes other than income taxes 262 261 251
Total 2,683 2,581 2,490
Operating Income 994 831 644
Other Income (Expense):      
Interest expense and other finance charges (259) (202) (183)
Interest expense on Securitization Bonds (8) (13) (21)
Other income (expense), net 34 19 17
Total (233) (196) (187)
Income from Continuing Operations Before Income Taxes 761 635 457
Income tax expense 168 125 76
Net income (loss) $ 593 $ 510 $ 381