v3.25.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Operating revenues $ 1,142 $ 1,011
Operating expenses:    
Operation and maintenance 468 416
Depreciation and amortization 216 188
General taxes 87 81
Total operating expenses, net 771 685
Operating income 371 326
Other (expense) income:    
Interest expense (144) (124)
Interest income 22 24
Non-operating benefit costs, net 4 9
Other, net 17 7
Total other (expense) income (101) (84)
Income before income taxes 270 242
Provision for income taxes 65 57
Net income attributable to common shareholders $ 205 $ 185
Basic earnings per share:    
Net income attributable to common shareholders (dollars per share) $ 1.05 $ 0.95
Diluted earnings per share:    
Net income attributable to common shareholders (dollars per share) $ 1.05 $ 0.95
Weighted-average common shares outstanding:    
Basic (in shares) 195 195
Diluted (in shares) 195 195