v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Income - Piedmont - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Regulated natural gas $ 462 $ 347 $ 1,567 $ 1,213
Nonregulated electric and other 78 79 158 152
Total operating revenues 7,508 7,172 15,757 14,843
Operating Expenses        
Operation, maintenance and other 1,655 1,320 3,154 2,699
Depreciation and amortization 1,583 1,409 3,095 2,796
Property and other taxes 415 393 843 779
Total operating expenses 5,692 5,471 11,604 11,191
Operating Income 1,830 1,707 4,173 3,670
Other Income and Expenses        
Equity in earnings of unconsolidated affiliates 11 21 22 38
Other income and expenses, net 183 167 315 336
Total other income and expenses 194 188 337 374
Interest Expense 897 824 1,786 1,641
Income From Continuing Operations Before Income Taxes 1,127 1,071 2,724 2,403
Income Tax Expense From Continuing Operations 119 140 312 318
Net Income 984 900 2,363 2,038
Comprehensive Income 1,016 914 2,386 2,180
Piedmont        
Regulated natural gas 328 237 1,178 906
Nonregulated electric and other 7 7 14 14
Total operating revenues 335 244 1,192 920
Operating Expenses        
Cost of natural gas 124 58 396 228
Operation, maintenance and other 103 85 199 180
Depreciation and amortization 71 64 141 126
Property and other taxes 19 16 37 31
Total operating expenses 317 223 773 565
Operating Income 18 21 419 355
Other Income and Expenses        
Equity in earnings of unconsolidated affiliates 1 2 3 4
Other income and expenses, net 11 15 22 30
Total other income and expenses 12 17 25 34
Interest Expense 48 43 95 88
Income From Continuing Operations Before Income Taxes (18) (5) 349 301
Income Tax Expense From Continuing Operations (8) (1) 68 59
Net Income (10) (4) 281 242
Comprehensive Income $ (10) $ (4) $ 281 $ 242