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Consolidated Statements of Operations (Unaudited) - NPC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating revenue $ 6,346 $ 6,030
Operating expenses:    
Cost of sales 1,955 1,460
Total operating expenses 5,679 4,794
Operating income 667 1,236
Other income (expense):    
Interest expense (586) (532)
Capitalized interest 24 17
Allowance for equity funds 49 38
Interest and dividend income 86 23
Other, net 40 5
Total other income (expense) 312 (1,706)
Income (loss) before income tax expense (benefit) and equity income (loss) 979 (470)
Income tax expense (benefit) (162) (507)
Net income (loss) attributable to parent 989 (129)
NPC    
Operating revenue 599 415
Operating expenses:    
Cost of sales 384 212
Operations and maintenance 73 65
Depreciation and amortization 106 103
Property and other taxes 14 13
Total operating expenses 577 393
Operating income 22 22
Other income (expense):    
Interest expense (49) (38)
Capitalized interest 2 1
Allowance for equity funds 4 3
Interest and dividend income 22 9
Other, net 4 1
Total other income (expense) (17) (24)
Income (loss) before income tax expense (benefit) and equity income (loss) 5 (2)
Income tax expense (benefit) 1 0
Net income (loss) attributable to parent $ 4 $ (2)