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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues, net $ 484 $ 476 $ 1,399 $ 1,399
Operating expenses:        
Purchased power and fuel 180 181 455 490
Generation, transmission and distribution 69 64 199 192
Administrative and other 63 59 185 179
Depreciation and amortization 79 76 244 227
Taxes other than income taxes 29 28 89 86
Total operating expenses 420 408 1,172 1,174
Income from operations 64 68 227 225
Interest expense, net 28 28 82 86
Other income:        
Allowance for equity funds used during construction 4 6 19 15
Miscellaneous income (expense), net 0 (2) 0 0
Other income, net 4 4 19 15
Income before income tax expense 40 44 164 154
Income tax expense 6 8 32 33
Net income and Comprehensive income $ 34 $ 36 $ 132 $ 121
Weighted-average shares outstanding (in thousands):        
Weighted Average Number of Shares Outstanding, Basic and Diluted 88,921 88,766 88,885 82,633
Earnings per share:        
Earnings Per Share, Basic and Diluted $ 0.38 $ 0.40 $ 1.49 $ 1.47
Dividends declared per common share $ 0.32 $ 0.30 $ 0.94 $ 0.88