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Segment Information
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment Information

9. Segment Information

 

(millions)

Tampa

 

 

 

 

 

 

 

 

 

 

Tampa Electric

 

Three months ended June 30,

Electric

 

 

PGS

 

 

Eliminations

 

 

Company

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues - external

$

520

 

 

$

107

 

 

$

0

 

 

$

627

 

Intracompany sales

 

1

 

 

 

4

 

 

 

(5

)

 

 

0

 

Total revenues

 

521

 

 

 

111

 

 

 

(5

)

 

 

627

 

Total interest charges

 

29

 

 

 

4

 

 

 

0

 

 

 

33

 

Net income

$

93

 

 

$

14

 

 

$

0

 

 

$

107

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues - external

$

509

 

 

$

110

 

 

$

0

 

 

$

619

 

Intracompany sales

 

1

 

 

 

5

 

 

 

(6

)

 

 

0

 

Total revenues

 

510

 

 

 

115

 

 

 

(6

)

 

 

619

 

Total interest charges

 

25

 

 

 

4

 

 

 

0

 

 

 

29

 

Net income

$

74

 

 

$

11

 

 

$

0

 

 

$

85

 

Six months ended June 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues - external

$

931

 

 

$

235

 

 

$

0

 

 

$

1,166

 

Intracompany sales

 

2

 

 

 

8

 

 

 

(10

)

 

 

0

 

Total revenues

 

933

 

 

 

243

 

 

 

(10

)

 

 

1,166

 

Total interest charges

 

58

 

 

 

8

 

 

 

0

 

 

 

66

 

Net income

$

139

 

 

$

32

 

 

$

0

 

 

$

171

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues - external

$

970

 

 

$

246

 

 

$

0

 

 

$

1,216

 

Intracompany sales

 

1

 

 

 

11

 

 

 

(12

)

 

 

0

 

Total revenues

 

971

 

 

 

257

 

 

 

(12

)

 

 

1,216

 

Total interest charges

 

51

 

 

 

8

 

 

 

0

 

 

 

59

 

Net income

$

121

 

 

$

27

 

 

$

0

 

 

$

148

 

Total assets at June 30, 2019

$

8,674

 

 

$

1,478

 

 

$

(580

)

(1)

$

9,572

 

Total assets at December 31, 2018

$

8,235

 

 

$

1,407

 

 

$

(487

)

(1)

$

9,155

 

 

(1)

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