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Consolidated Statements of Operations - NPC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues $ 25,602 $ 26,337 $ 25,150
Operating expenses:      
Cost of fuel and energy 7,057 6,757 5,504
Total operating expenses 22,822 21,096 19,823
Operating income 2,780 5,241 5,327
Other income (expense):      
Interest expense (2,415) (2,216) (2,118)
Capitalized interest 132 76 64
Allowance for equity funds 267 167 126
Interest and dividend income 412 154 89
Other, net 116 (7) (17)
Total other income (expense) (819) (3,828) (33)
Income before income tax expense (benefit) and equity income (loss) 1,961 1,413 5,294
Income tax expense (benefit) (1,699) (1,916) (1,132)
Net income attributable to parent 3,020 2,721 5,790
NPC      
Revenues 3,088 2,630 2,139
Operating expenses:      
Cost of fuel and energy 1,942 1,427 939
Operations and maintenance 312 303 301
Depreciation and amortization 432 417 406
Property and other taxes 56 53 48
Total operating expenses 2,742 2,200 1,694
Operating income 346 430 445
Other income (expense):      
Interest expense (196) (165) (153)
Capitalized interest 25 8 3
Allowance for equity funds 21 11 7
Interest and dividend income 72 47 20
Other, net 14 3 18
Total other income (expense) (64) (96) (105)
Income before income tax expense (benefit) and equity income (loss) 282 334 340
Income tax expense (benefit) 22 36 37
Net income attributable to parent $ 260 $ 298 $ 303