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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues, net $ 487 $ 473
Operating expenses:    
Purchased power and fuel 149 161
Generation, transmission and distribution 66 62
Administrative and other 61 60
Depreciation and amortization 82 75
Taxes other than income taxes 30 30
Total operating expenses 388 388
Income from operations 99 85
Interest expense, net 27 30
Other income:    
Allowance for equity funds used during construction 7 4
Miscellaneous income (expense), net (1) 1
Other income, net 6 5
Income before income tax expense 78 60
Income tax expense 17 10
Net income and Comprehensive income $ 61 $ 50
Weighted-average shares outstanding (in thousands):    
Basic 88,833 78,271
Diluted 88,833 81,466
Earnings per share:    
Basic $ 0.68 $ 0.64
Diluted 0.68 0.62
Dividends declared per common share $ 0.30 $ 0.28