v3.25.2
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating revenues        
Electric, non-affiliates $ 198 $ 192 $ 401 $ 395
Related Party Transaction, Electric Domestic Regulated Revenue 55 54 111 107
Natural gas 24 21 92 75
Total operating revenues 277 267 604 577
Operating expenses        
Electric fuel and purchased power, non-affiliates 3 3 7 7
Purchased power, affiliates 100 102 202 205
Cost of natural sold and transported 9 7 42 31
Operating and maintenance expenses 60 59 123 115
Conservation program expenses 3 3 6 6
Depreciation and amortization 50 46 99 91
Taxes (other than income taxes) 9 8 17 17
Total operating expenses 234 228 496 472
Operating income 43 39 108 105
Other income, net 0 1 0 1
Allowance for funds used during construction — equity 6 4 11 7
Interest charges and financing costs        
Interest charges and other financing costs 18 17 36 31
Allowance for funds used during construction — debt (3) (2) (5) (3)
Total interest charges and financing costs 15 15 31 28
Income before income taxes 34 29 88 85
Income tax expense 8 6 20 19
Net income $ 26 $ 23 $ 68 $ 66