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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, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue, net $ 538 $ 525 $ 1,570 $ 1,469
Alternative revenue programs, net of amortization 4 0 5 (2)
Total Revenues 542 525 1,575 1,467
Operating expenses:        
Purchased power and fuel 165 186 449 420
Generation, transmission and distribution 78 72 241 212
Administrative and other 74 49 223 188
Depreciation and amortization 103 96 305 281
Taxes other than income taxes 34 31 101 95
Total operating expenses 454 434 1,319 1,196
Income from operations 88 91 256 271
Interest expense, net 32 31 95 93
Other income:        
Allowance for equity funds used during construction 2 2 7 8
Miscellaneous income, net 3 0 5 0
Other income, net 5 2 12 8
Income before income tax expense 61 62 173 186
Income tax expense 6 9 20 23
Net income 55 53 153 163
Other Comprehensive Income 0 0 2 0
Comprehensive Income $ 55 $ 53 $ 155 $ 163
Weighted-average common shares outstanding (in thousands):        
Basic 89,372 89,239 89,346 89,205
Diluted 89,594 89,239 89,555 89,205
Earnings per share:        
Basic $ 0.61 $ 0.59 $ 1.71 $ 1.82
Diluted $ 0.61 $ 0.59 $ 1.70 $ 1.82