XML 73 R22.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations - SPPC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Total operating revenue $ 25,920 $ 25,602 $ 26,337
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
Interest expense (2,716) (2,415) (2,216)
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
SPPC      
Total operating revenue 1,262 1,431 1,193
Cost of fuel and energy 682 865 666
Operations and maintenance 245 204 189
Depreciation and amortization 181 185 149
Property and other taxes 24 25 24
Total operating expenses 1,132 1,279 1,028
Operating income 130 152 165
Interest expense (86) (66) (58)
Allowance for borrowed funds 7 7 3
Allowance for equity funds 22 14 7
Interest and dividend income 12 22 18
Other, net 10 4 2
Total other income (expense) (35) (19) (28)
Income before income tax expense (benefit) and equity income (loss) 95 133 137
Income tax expense (benefit) 10 16 19
Net income attributable to parent 85 117 118
SPPC | Regulated electric      
Total operating revenue 1,080 1,194 1,025
Cost of fuel and energy 561 689 555
SPPC | Regulated natural gas      
Total operating revenue 182 237 168
Cost of fuel and energy $ 121 $ 176 $ 111