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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue, net $ 745 $ 625
Alternative revenue programs, net of amortization 3 1
Total revenues 748 626
Operating expenses:    
Purchased power and fuel 304 202
Generation, transmission and distribution 93 90
Administrative and other 80 89
Depreciation and amortization 111 99
Taxes other than income taxes 43 40
Total operating expenses 631 520
Income from operations 117 106
Interest expense, net 44 38
Other income:    
Allowance for equity funds used during construction 3 3
Miscellaneous income (loss), net 12 0
Other income, net 15 3
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 88 71
Income tax expense 14 11
Net income 74 60
Comprehensive Income $ 74 $ 60
Weighted-average common shares outstanding (in thousands):    
Basic 91,840 89,396
Diluted 92,571 89,527
Basic $ 0.81 $ 0.67
Diluted $ 0.80 $ 0.67