v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Operating Revenues $ 2,838,068 $ 2,533,522 $ 6,956,423 $ 5,866,097
Operating Expenses:        
Purchased Power, Purchased Natural Gas and Transmission 818,747 841,431 2,159,084 2,077,387
Operations and Maintenance 467,557 464,424 955,008 927,388
Depreciation 385,595 354,591 765,175 694,505
Amortization 109,103 (114,137) 564,552 (116,462)
Energy Efficiency Programs 135,290 145,288 392,840 358,767
Taxes Other Than Income Taxes 258,727 239,427 530,321 476,042
Total Operating Expenses 2,175,019 1,931,024 5,366,980 4,417,627
Operating Income 663,049 602,498 1,589,443 1,448,470
Interest Expense 293,193 271,316 594,042 522,064
Other Income, Net 95,363 115,285 187,706 206,315
Income Before Income Tax Expense 465,219 446,467 1,183,107 1,132,721
Income Tax Expense 110,611 109,246 275,831 271,772
Net Income 354,608 337,221 907,276 860,949
Net Income Attributable to Noncontrolling Interests 1,880 1,880 3,759 3,759
Net Income Attributable to Common Shareholders $ 352,728 $ 335,341 $ 903,517 $ 857,190
Basic Earnings Per Common Share (in dollars per share) $ 0.96 $ 0.95 $ 2.46 $ 2.44
Diluted Earnings Per Common Share (in dollars per share) $ 0.96 $ 0.95 $ 2.45 $ 2.43
Weighted Average Common Shares Outstanding:        
Basic (in shares) 368,661,995 353,212,378 367,991,121 351,964,747
Diluted (in shares) 368,917,187 353,419,658 368,297,404 352,208,440