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Condensed Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Utility revenues $ 2,607 $ 2,717 Close
Non-utility revenues 13 62 Close
Total 2,620 2,779
Expenses:     Close
Utility natural gas, fuel and purchased power 787 1,078 Close
Non-utility cost of revenues, including natural gas 1 40 Close
Operation and maintenance 709 663 Close
Depreciation and amortization 363 319 Close
Taxes other than income taxes 144 138 Close
Total 2,004 2,238
Operating Income 616 541 CloseClose
Total Operating Expenses 2017.0 2300.0 0 0 0 Close
Other Income (Expense):     Close
Gain (loss) on equity securities (83) 38 Close
Gain (loss) on indexed debt securities 85 (39) Close
Interest expense and other finance charges (198) (148) Close
Interest expense on Securitization Bonds (6) (2) Close
Other income, net 14 13 CloseClose
Total Other Income Expenses -376.0 -276.0 0.0 0 0 Close
Total (188) (138) CloseClose
Income Before Income Taxes 428 403 Close
Income tax expense 78 78 Close
Net Income 350 325 Close
Income allocated to preferred shareholders 0 12
Income Available to Common Shareholders $ 350 $ 313
Basic Earnings Per Common Share (in dollars per share) $ 0.55 $ 0.50
Diluted Earnings Per Common Share (in dollars per share) $ 0.55 $ 0.49
Weighted Average Common Shares Outstanding, Basic (in shares) 632,228 630,309
Weighted Average Common Shares Outstanding, Diluted (in shares) 633,970 633,051