XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues, net $ 2,912 $ 2,636 $ 2,425
Alternative revenue programs, net of amortization 11 11 (29)
Total Revenues 2,923 2,647 2,396
Operating expenses:      
Purchased power and fuel 1,190 988 822
Generation, transmission and distribution 374 348 310
Administrative and other 341 340 336
Depreciation and amortization 458 417 404
Taxes other than income taxes 164 157 146
Total operating expenses 2,527 2,250 2,018
Income from operations 396 397 378
Interest expense, net 173 156 137
Other income:      
Allowance for equity funds used during construction 19 14 17
Miscellaneous income, net 31 17 9
Other income, net 50 31 26
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 273 272 267
Income tax expense 45 39 23
Net income $ 228 $ 233 $ 244
Weighted-average shares outstanding (in thousands):      
Basic 97,760 89,290 89,481
Diluted 97,952 89,643 89,627
Earnings per share:      
Basic $ 2.33 $ 2.61 $ 2.72
Diluted $ 2.33 $ 2.60 $ 2.72