Consolidated Statements of Operations (Unaudited) - PAC - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Operating revenue	$ 6,064	$ 4,612	$ 12,145	$ 9,139
Operating expenses:
Cost of sales	1,110	888	2,679	1,926
Operating income	1,208	936	2,541	1,855
Other income (expense):
Interest expense	(532)	(503)	(1,062)	(986)
Allowance for borrowed funds	14	19	28	36
Allowance for equity funds	30	38	56	72
Interest and dividend income	26	20	47	40
Other, net	48	52	56	25
Total other income (expense)	1,552	209	(27)	(203)
Income (loss) before income tax expense (benefit) and equity income (loss)	2,760	1,145	2,514	1,652
Income tax expense (benefit)	327	(7)	(208)	(191)
Net income (loss) attributable to parent	2,281	1,116	2,285	1,786
PAC
Operating revenue	1,298	1,144	2,540	2,350
Operating expenses:
Cost of sales	441	383	865	800
Operations and maintenance	255	243	514	497
Depreciation and amortization	275	210	539	462
Property and other taxes	43	52	104	101
Total operating expenses	1,014	888	2,022	1,860
Operating income	284	256	518	490
Other income (expense):
Interest expense	(105)	(110)	(212)	(212)
Allowance for borrowed funds	6	12	12	22
Allowance for equity funds	12	23	25	44
Interest and dividend income	5	3	11	6
Other, net	4	8	10	4
Total other income (expense)	(78)	(64)	(154)	(136)
Income (loss) before income tax expense (benefit) and equity income (loss)	206	192	364	354
Income tax expense (benefit)	(19)	26	(30)	12
Net income (loss) attributable to parent	$ 225	$ 166	$ 394	$ 342