v3.25.3
CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - HOUSTON ELECTRIC - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues $ 1,988 $ 1,856 $ 6,852 $ 6,381
Expenses:        
Operation and maintenance 741 775 2,203 2,162
Depreciation and amortization 392 334 1,125 1,083
Taxes other than income taxes 133 125 427 410
Total 1,486 1,432 5,284 4,874
Operating Income 502 424 1,568 1,507
Other Income (Expense):        
Interest expense and other finance charges (238) (191) (663) (601)
Interest expense on Securitization Bonds (5) (4) (13) (15)
Other income, net 26 15 66 39
Total (216) (179) (651) (573)
Income Before Income Taxes 286 245 917 934
Income tax expense (benefit) (7) 52 129 163
Net Income 293 193 788 771
Houston Electric        
Revenues 1,132 1,058 3,024 3,003
Expenses:        
Operation and maintenance 475 533 1,405 1,426
Depreciation and amortization 210 171 585 580
Taxes other than income taxes 79 71 232 221
Total 764 775 2,222 2,227
Operating Income 368 283 802 776
Other Income (Expense):        
Interest expense and other finance charges (96) (74) (272) (229)
Interest expense on Securitization Bonds (1) (1) (1) (3)
Other income, net 11 12 34 33
Total (86) (63) (239) (199)
Income Before Income Taxes 282 220 563 577
Income tax expense (benefit) 51 41 107 112
Net Income $ 231 $ 179 $ 456 $ 465