v3.26.1
Consolidated Statements of Operations (Unaudited) - NPC - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating revenue $ 6,672 $ 6,366
Operating expenses:    
Cost of sales 1,670 1,531
Total operating expenses 5,214 4,983
Operating income 1,458 1,383
Other income (expense):    
Interest expense (746) (686)
Capitalized interest 45 40
Allowance for equity funds 80 66
Interest and dividend income 54 62
Other, net (8) (15)
Total other income (expense) (580) (430)
Income before income tax expense (benefit) and equity income (loss) 878 953
Income tax expense (benefit) (430) (399)
Net income (loss) attributable to parent 1,114 1,187
NPC    
Operating revenue 491 431
Operating expenses:    
Cost of sales 240 213
Operations and maintenance 90 78
Depreciation and amortization 103 98
Property and other taxes 15 14
Total operating expenses 448 403
Operating income 43 28
Other income (expense):    
Interest expense (55) (55)
Capitalized interest 5 4
Allowance for equity funds 10 8
Interest and dividend income 4 3
Other, net 6 3
Total other income (expense) (30) (37)
Income before income tax expense (benefit) and equity income (loss) 13 (9)
Income tax expense (benefit) 2 (1)
Net income (loss) attributable to parent $ 11 $ (8)