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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues, net $ 495 $ 530
Alternative revenue programs, net of amortization (2) 0
Total revenues 493 530
Operating expenses:    
Purchased power and fuel 130 141
Generation, transmission and distribution 69 81
Administrative and other 69 67
Depreciation and amortization 92 84
Taxes other than income taxes 33 33
Total operating expenses 393 406
Income from operations 100 124
Interest expense, net 31 30
Other income:    
Allowance for equity funds used during construction 4 2
Miscellaneous income (expense), net (1) 0
Other income, net 3 2
Income before income tax expense 72 96
Income tax expense 8 23
Net income 64 73
Other comprehensive loss 0 (1)
Comprehensive income $ 64 $ 72
Weighted-average shares outstanding-basic and diluted (in thousands) 89,160 89,003
Earnings per share-basic and diluted $ 0.72 $ 0.82
Dividends declared per common share $ 0.34 $ 0.32