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Statements of Operations - MEC - 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
Operating expenses:      
Cost of fuel and energy 5,504 4,187 4,586
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)
Allowance for equity funds 126 165 173
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)
Net income (loss) attributable to parent 5,790 6,943 2,950
MEC      
Operating revenue:      
Total operating revenue 3,547 2,720 2,925
Operating expenses:      
Operations and maintenance 775 754 800
Depreciation and amortization 914 716 639
Property and other taxes 142 135 126
Total operating expenses 3,131 2,272 2,377
Operating income 416 448 548
Other income (expense):      
Interest expense (302) (304) (281)
Allowance for borrowed funds 13 15 27
Allowance for equity funds 39 45 78
Other, net 53 52 50
Total other income (expense) (197) (192) (126)
Income (loss) before income tax expense (benefit) and equity income (loss) 219 256 422
Income tax (benefit) expense (675) (570) (371)
Net income (loss) attributable to parent 894 826 793
Regulated electric | MEC      
Operating revenue:      
Total operating revenue 2,529 2,139 2,237
Operating expenses:      
Cost of fuel and energy 539 339 399
Regulated natural gas and other | MEC      
Operating revenue:      
Total operating revenue 1,018 581 688
Operating expenses:      
Cost of fuel and energy $ 761 $ 328 $ 413