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Consolidated Statements of Operations (Unaudited) - NPC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenue $ 6,111 $ 6,346
Operating expenses:    
Cost of sales 1,670 1,955
Total operating expenses 5,216 5,679
Operating income 895 667
Other income (expense):    
Interest expense (691) (586)
Capitalized interest 46 24
Allowance for equity funds 83 49
Interest and dividend income 116 86
Other, net 31 40
Total other income (expense) (538) 312
Income before income tax expense (benefit) and equity income (loss) 357 979
Income tax expense (benefit) (371) (162)
Net income attributable to parent 653 989
NPC    
Operating revenue 561 599
Operating expenses:    
Cost of sales 341 384
Operations and maintenance 71 73
Depreciation and amortization 92 106
Property and other taxes 15 14
Total operating expenses 519 577
Operating income 42 22
Other income (expense):    
Interest expense (53) (49)
Capitalized interest 8 2
Allowance for equity funds 8 4
Interest and dividend income 9 22
Other, net 4 4
Total other income (expense) (24) (17)
Income before income tax expense (benefit) and equity income (loss) 18 5
Income tax expense (benefit) 3 1
Net income attributable to parent $ 15 $ 4