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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues      
Electric, non-affiliates $ 815 $ 800 $ 733
Electric, affiliates 204 202 189
Natural gas 157 198 182
Other 1 1 1
Total operating revenues 1,177 1,201 1,105
Operating expenses      
Electric fuel and purchased power, non-affiliates 14 17 20
Purchased power, affiliates 408 446 408
Cost of natural gas sold and transported 80 116 117
Operating and maintenance expenses 239 223 198
Conservation program expenses 13 13 13
Depreciation and amortization 170 158 147
Taxes (other than income taxes) 34 31 28
Workforce Reduction Expense 5 0 0
Total operating expenses 963 1,004 931
Operating income 214 197 174
Other Income and Expenses [Abstract]      
Other income (expense), net 2 (2) (1)
Allowance for funds used during construction — equity 10 7 5
Interest charges and financing costs      
Interest charges — includes other financing costs of $2, $1 and $1, respectively 54 45 42
Allowance for funds used during construction — debt (4) (3) (2)
Total interest charges and financing costs 50 42 40
Income before income taxes 176 160 138
Income tax expense 40 35 30
Net income $ 136 $ 125 $ 108