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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
OPERATING REVENUES        
Operating revenues $ 1,618 $ 1,682 $ 3,254 $ 3,372
Operating revenues - affiliates 604 524 1,185 1,045
Total operating revenues 2,222 2,206 4,439 4,417
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 743 698 1,435 1,396
Selling, general and administrative 256 274 526 559
Operating expenses - affiliates 238 188 486 376
Depreciation and amortization 464 500 926 998
Total operating expenses 1,701 1,660 3,373 3,329
OPERATING INCOME 521 546 1,066 1,088
OTHER (EXPENSE) INCOME        
Interest expense (119) (116) (237) (232)
Interest expense - affiliates, net (13) (12) (26) (25)
Other income 1 0 1 0
Total other expense, net (131) (128) (262) (257)
Income before income tax expense 390 418 804 831
Income tax expense 152 162 319 322
NET INCOME $ 238 $ 256 $ 485 $ 509