v3.25.2
Condensed Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating revenues $ 630 $ 489 $ 1,020 $ 998
Fuel and energy purchases (150) (163) (418) (313)
Nuclear fuel amortization (18) (28) (44) (63)
Unrealized gain (loss) on derivative instruments (Note 2) (84) 15 (25) (12)
Energy Expenses (252) (176) (487) (388)
Operating Expenses        
Operation, maintenance and development (192) (164) (338) (318)
General and administrative (41) (40) (75) (83)
Depreciation, amortization and accretion (Note 7) (70) (75) (144) (150)
Other operating income (expense), net (9) (7) (16) (7)
Operating Income (Loss) 66 27 (40) 52
Nuclear decommissioning trust funds gain (loss), net (Note 6) 80 27 68 102
Interest expense and other finance charges (Note 10) (62) (62) (136) (121)
Gain (loss) on sale of assets, net (Note 17) 9 561 11 885
Other non-operating income (expense), net 4 17 7 40
Income (Loss) Before Income Taxes 97 570 (90) 958
Income tax benefit (expense) (Note 4) (25) (112) 27 (181)
Net Income (Loss) 72 458 (63) 777
Less: Net income (loss) attributable to noncontrolling interest 0 4 0 29
Net Income (Loss) Attributable to Stockholders $ 72 $ 454 $ (63) $ 748
Per Common Share        
Net Income (Loss) Attributable to Stockholders - Basic (in dollars per share) $ 1.58 $ 7.90 $ (1.38) $ 12.87
Net Income (Loss) Attributable to Stockholders - Diluted (in dollars per share) $ 1.50 $ 7.60 $ (1.38) $ 12.41
Weighted-Average Number of Common Shares Outstanding - Basic (in shares) 45,554 57,434 45,699 58,119
Weighted-Average Number of Common Shares Outstanding - Diluted (in shares) 47,905 59,775 45,699 60,269
Capacity revenues        
Operating revenues $ 88 $ 46 $ 137 $ 91
Energy and other revenues        
Operating revenues 366 367 948 939
Unrealized gain (loss) on derivative instruments (Note 2)        
Operating revenues $ 176 $ 76 $ (65) $ (32)