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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating revenue:      
Total operating revenue $ 25,150 $ 20,952 $ 19,844
Energy:      
Cost of fuel and energy 5,504 4,187 4,586
Operations and maintenance 3,991 3,545 3,318
Depreciation and amortization 3,829 3,410 2,965
Property and other taxes 789 634 574
Real estate 5,710 4,885 4,251
Total operating expenses 19,823 16,661 15,694
Operating income 5,327 4,291 4,150
Other income (expense):      
Interest expense (2,118) (2,021) (1,912)
Capitalized interest 64 80 77
Allowance for equity funds 126 165 173
Interest and dividend income 89 71 117
Gains (losses) on marketable securities, net 1,823 4,797 (288)
Other, net (17) 88 97
Total other income (expense) (33) 3,180 (1,736)
Income (loss) before income tax expense (benefit) and equity income (loss) 5,294 7,471 2,414
Income tax (benefit) expense (1,132) 308 (598)
Equity income (loss) (237) (149) (44)
Net income 6,189 7,014 2,968
Net income attributable to noncontrolling interests 399 71 18
Net income (loss) attributable to parent 5,790 6,943 2,950
Preferred dividends 121 26 0
Earnings on common shares 5,669 6,917 2,950
Energy      
Operating revenue:      
Total operating revenue 18,935 15,556 15,371
Real estate      
Operating revenue:      
Total operating revenue $ 6,215 $ 5,396 $ 4,473