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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating revenues    
Electric, non-affiliates $ 178 $ 171
Electric, affiliates 46 41
Natural gas 57 45
Total operating revenues 281 257
Operating expenses    
Electric fuel and purchased power, non-affiliates 5 3
Purchased power, affiliates 100 94
Cost of natural sold and transported 31 21
Operating and maintenance expenses 49 49
Conservation program expenses 3 3
Depreciation and amortization 37 39
Taxes (other than income taxes) 7 7
Total operating expenses 232 216
Operating income 49 41
Other expense, net 0 (2)
Allowance for funds used during construction — equity 1 1
Interest charges and financing costs    
Interest charges 9 10
Allowance for funds used during construction — debt 0 (1)
Total interest charges and financing costs 9 9
Income before income taxes 41 31
Income tax expense (benefit) 9 (3)
Net income $ 32 $ 34