Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Information

(millions)	Tampa					Eliminations/				Tampa Electric
Three months ended September 30,	Electric		PGS			Reclassifications				Company
2023
Revenues - external	$	795								$	795
Intracompany sales		0									0
Total revenues		795									795
Total interest charges		61									61
Net income	$	170								$	170
2022
Revenues - external	$	752	$	160		$	0			$	912
Intracompany sales		1		1			(2	)			0
Total revenues		753		161			(2	)			912
Total interest charges		37		7			0				44
Net income	$	153	$	16		$	0			$	169
Nine months ended September 30,
2023
Revenues - external	$	2,024								$	2,024
Intracompany sales		0									0
Total revenues		2,024									2,024
Total interest charges		180									180
Net income	$	381								$	381
2022
Revenues - external	$	1,923	$	501		$	0			$	2,424
Intracompany sales		3		3			(6	)			0
Total revenues		1,926		504			(6	)			2,424
Total interest charges		99		18			0				117
Net income	$	367	$	65		$	0			$	432
Total assets at September 30, 2023	$	13,286				$	(648	)	(1)	$	12,638
Total assets at December 31, 2022	$	12,064	$	2,471	(2)	$	(732	)	(1)	$	13,803

(1)Amounts primarily relate to consolidated deferred tax reclassifications. Deferred tax assets are reclassified and netted with deferred tax liabilities upon consolidation.

(2)For the summary of the assets and liabilities of PGS as of December 31, 2022, see Note 1 of TEC’s Annual Report on Form 10-K for the year ended December 31, 2022.