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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Utility revenues $ 8,524 $ 9,018 $ 8,042 Close
Non-utility revenues 172 303 310 Close
Total 8,696 9,321 8,352
Expenses:       Close
Utility natural gas, fuel and purchased power 2,061 2,887 2,127 Close
Non-utility cost of revenues, including natural gas 99 204 208 Close
Operation and maintenance 2,850 2,833 2,810 Close
Depreciation and amortization 1,401 1,288 1,316 Close
Taxes other than income taxes 525 543 528 Close
Total 6,936 7,755 6,989
Operating Income 1,760 1,566 1,363 CloseClose
Total Operating Expenses 7108.0 8058.0 7299.0 0 0 Close
Other Income (Expense):       Close
Gain (loss) on equity securities 31 (227) (172) Close
Gain (loss) on indexed debt securities (27) 325 50 Close
Gain (loss) on sale (13) 303 8 Close
Interest expense and other finance charges (684) (511) (508) Close
Interest expense on Securitization Bonds (17) (13) (21) Close
Other income (expense), net 37 (26) 58 CloseClose
Total Other Income Expenses -1346.0 -298.0 -1170.0 0.0 0 Close
Total (673) (149) (585) CloseClose
Income from Continuing Operations Before Income Taxes 1,087 1,417 778 Close
Income tax expense 170 360 110 Close
Income From Continuing Operations 917 1,057 668
Net Income 917 1,057 1,486 Close
Income allocated to preferred shareholders 50 49 95
Income Available to Common Shareholders $ 867 $ 1,008 $ 1,391
Earnings per common share:      
Basic earnings per common share - continuing operations (in dollars per share) $ 1.37 $ 1.60 $ 0.97
Basic earnings (loss) per common share - discontinued operations (in dollars per share) 0 0 1.38
Basic Earnings (Loss) Per Common Share (in dollars per share) 1.37 1.60 2.35
Basic Earnings Per Common Share      
Diluted earnings per common share - continuing operations (in dollars per share) 1.37 1.59 0.94
Diluted earnings (loss) per common share - discontinued operations (in dollars per share) 0 0 1.34
Diluted Earnings (Loss) Per Common Share (in dollars per share) $ 1.37 $ 1.59 $ 2.28
Weighted Average Common Shares Outstanding, Basic 630,947 629,415 592,933
Weighted Average Common Shares Outstanding, Diluted 633,179 632,346 609,938