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Consolidated Statements of Operations - NPC - 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
Total operating expenses 21,574 22,822 21,096
Operating income 4,346 2,780 5,241
Other income (expense):      
Interest expense (2,716) (2,415) (2,216)
Capitalized interest 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
NPC      
Revenues 2,873 3,088 2,630
Operating expenses:      
Cost of fuel and energy 1,608 1,942 1,427
Operations and maintenance 311 312 303
Depreciation and amortization 376 432 417
Property and other taxes 58 56 53
Total operating expenses 2,353 2,742 2,200
Operating income 520 346 430
Other income (expense):      
Interest expense (207) (196) (165)
Capitalized interest 20 25 8
Allowance for equity funds 31 21 11
Interest and dividend income 24 72 47
Other, net 18 14 3
Total other income (expense) (114) (64) (96)
Income before income tax expense (benefit) and equity income (loss) 406 282 334
Income tax expense (benefit) 57 22 36
Net income attributable to parent $ 349 $ 260 $ 298