XML 22 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Revenues $ 2,980 $ 2,818
Operating Expenses [Abstract]    
Energy Costs 1,124 952
Operation and Maintenance 756 754
Depreciation and Amortization 314 280
Total Operating Expenses 2,194 1,986
OPERATING INCOME 786 832
Income from Equity Method Investments 2 2
Net Gains (Losses) on Trust Investments 128 (22)
Other Income (Deductions) 33 32
Non-Operating Pension and OPEB Credits (Costs) 33 19
Interest Expense (133) (103)
Income Before Income Taxes 849 760
Income Tax Benefit (Expense) (149) (202)
Net Income $ 700 $ 558
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
BASIC (shares) 504 504
DILUTED (shares) 507 507
EARNINGS PER SHARE:    
BASIC (dollars per share) $ 1.39 $ 1.11
DILUTED (dollars per share) $ 1.38 $ 1.10
PSE And G [Member]    
Operating Revenues $ 2,032 $ 1,845
Operating Expenses [Abstract]    
Energy Costs 947 782
Operation and Maintenance 408 391
Depreciation and Amortization 212 190
Total Operating Expenses 1,567 1,363
OPERATING INCOME 465 482
Net Gains (Losses) on Trust Investments 1 0
Other Income (Deductions) 19 20
Non-Operating Pension and OPEB Credits (Costs) 30 15
Interest Expense (87) (81)
Income Before Income Taxes 428 436
Income Tax Benefit (Expense) (25) (117)
Net Income 403 319
Power [Member]    
Operating Revenues 1,416 1,403
Operating Expenses [Abstract]    
Energy Costs 786 746
Operation and Maintenance 235 246
Depreciation and Amortization 94 82
Total Operating Expenses 1,115 1,074
OPERATING INCOME 301 329
Income from Equity Method Investments 2 2
Net Gains (Losses) on Trust Investments 126 (22)
Other Income (Deductions) 13 11
Non-Operating Pension and OPEB Credits (Costs) 3 4
Interest Expense (25) (7)
Income Before Income Taxes 420 317
Income Tax Benefit (Expense) (124) (83)
Net Income $ 296 $ 234