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Condensed Consolidated Statements Of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Operating Revenues $ 2,402 $ 2,620 $ 7,375 $ 8,443
Operating Expenses [Abstract]        
Energy Costs 879 1,167 2,819 3,740
Operation and Maintenance 619 603 1,876 1,829
Depreciation and Amortization 286 263 797 739
Taxes Other Than Income Taxes 24 31 73 102
Total Operating Expenses 1,808 2,064 5,565 6,410
OPERATING INCOME 594 556 1,810 2,033
Income from Equity Method Investments (7) (1) (9) (8)
Other Income 121 45 216 176
Other Deductions (26) (11) (61) (39)
Other-Than-Temporary Impairments (2) (8) (14) (13)
Interest Expense (106) (117) (310) (361)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 588 466 1,650 1,804
Income Tax (Expense) Benefit (241) (201) (599) (757)
INCOME FROM CONTINUING OPERATIONS 347 265 1,051 1,047
Income (Loss) from Discontinued Operations, including Gain on Disposal, net of tax (expense) benefit of $(15) and $(51) for the three and nine months ended 2011 0 29 0 96
Net Income 347 294 1,051 1,143
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (THOUSANDS):        
BASIC 505,914 505,909 505,942 505,959
DILUTED 507,111 506,999 507,037 506,963
EARNINGS PER SHARE:        
INCOME FROM CONTINUING OPERATIONS, BASIC $ 0.69 $ 0.52 $ 2.08 $ 2.07
NET INCOME $ 0.69 $ 0.58 $ 2.08 $ 2.26
INCOME FROM CONTINUING OPERATIONS, DILUTED $ 0.68 $ 0.52 $ 2.07 $ 2.06
NET INCOME $ 0.68 $ 0.58 $ 2.07 $ 2.25
DIVIDENDS PAID PER SHARE OF COMMON STOCK $ 0.3550 $ 0.3425 $ 1.0650 $ 1.0275
Power [Member]
       
Operating Revenues 1,038 1,398 3,584 4,650
Operating Expenses [Abstract]        
Energy Costs 456 597 1,725 2,335
Operation and Maintenance 255 262 780 810
Depreciation and Amortization 60 56 175 166
Total Operating Expenses 771 915 2,680 3,311
OPERATING INCOME 267 483 904 1,339
Other Income 104 37 171 156
Other Deductions (20) (10) (52) (37)
Other-Than-Temporary Impairments (2) (8) (14) (10)
Interest Expense (35) (42) (97) (134)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 314 460 912 1,314
Income Tax (Expense) Benefit (133) (187) (374) (539)
INCOME FROM CONTINUING OPERATIONS 181 273 538 775
Income (Loss) from Discontinued Operations, including Gain on Disposal, net of tax (expense) benefit of $(15) and $(51) for the three and nine months ended 2011 0 29 0 96
Net Income 181 302 538 871
PSE And G [Member]
       
Operating Revenues 1,683 1,841 5,029 5,718
Operating Expenses [Abstract]        
Energy Costs 756 943 2,380 3,124
Operation and Maintenance 366 342 1,092 1,014
Depreciation and Amortization 216 197 594 548
Taxes Other Than Income Taxes 24 31 73 102
Total Operating Expenses 1,362 1,513 4,139 4,788
OPERATING INCOME 321 328 890 930
Other Income 16 7 39 16
Other Deductions (6) (1) (8) (2)
Other-Than-Temporary Impairments 0 0 0 (1)
Interest Expense (73) (77) (220) (234)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 258 257 701 709
Income Tax (Expense) Benefit (103) (103) (248) (287)
Net Income $ 155 $ 154 $ 453 $ 422