XML 69 R18.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations - PAC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 25,920 $ 25,602 $ 26,337
Operating expenses:      
Cost of fuel and energy 6,616 7,057 6,757
Wildfire losses, net of recoveries 346 1,677 64
Operating income 4,346 2,780 5,241
Other income (expense):      
Interest expense (2,716) (2,415) (2,216)
Allowance for borrowed funds 188 132 76
Allowance for equity funds 352 267 167
Interest and dividend income 443 412 154
Other, net 86 116 (7)
Total other income (expense) (1,173) (819) (3,828)
Income before income tax expense (benefit) and equity income (loss) 3,173 1,961 1,413
Income tax expense (benefit) (1,582) (1,699) (1,916)
Net income attributable to parent 4,300 3,020 2,721
PAC      
Revenues 6,600 5,936 5,679
Operating expenses:      
Cost of fuel and energy 2,752 2,246 1,979
Operations and maintenance 1,603 1,469 1,163
Wildfire losses, net of recoveries 346 1,677 64
Depreciation and amortization 1,152 1,126 1,120
Property and other taxes 218 215 195
Total operating expenses 6,071 6,733 4,521
Operating income 529 (797) 1,158
Other income (expense):      
Interest expense (756) (546) (431)
Allowance for borrowed funds 120 70 31
Allowance for equity funds 203 144 71
Interest and dividend income 191 98 44
Other, net 16 10 (15)
Total other income (expense) (226) (224) (300)
Income before income tax expense (benefit) and equity income (loss) 303 (1,021) 858
Income tax expense (benefit) (236) (553) (62)
Net income attributable to parent $ 539 $ (468) $ 920