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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating revenues    
Electric $ 733 $ 712
Natural gas 415 332
Other 13 13
Total operating revenues 1,161 1,057
Operating expenses    
Electric fuel and purchased power 271 271
Cost of natural gas sold and transported 170 138
Cost of sales — other 3 3
Operating and maintenance expenses 207 205
Demand side management expenses 32 36
Depreciation and amortization 183 156
Taxes (other than income taxes) 66 53
Total operating expenses 932 862
Operating income 229 195
Other income (expense), net 2 (2)
Allowance for funds used during construction — equity 5 9
Interest charges and financing costs    
Interest charges — includes other financing costs of $2 and $2, respectively 60 60
Allowance for funds used during construction — debt (2) (4)
Total interest charges and financing costs 58 56
Income before income taxes 178 146
Income tax expense 11 17
Net income $ 167 $ 129