v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating revenues        
Electric, non-affiliates $ 193 $ 198 $ 423 $ 401
Related Party Transaction, Electric Domestic Regulated Revenue 64 55 132 111
Natural gas 25 24 108 92
Total operating revenues 282 277 663 604
Operating expenses        
Electric fuel and purchased power, non-affiliates 5 3 14 7
Purchased power, affiliates 69 100 169 202
Cost of natural sold and transported 9 9 51 42
Operating and maintenance expenses 66 60 131 123
Conservation program expenses 4 3 7 6
Depreciation and amortization 54 50 108 99
Taxes (other than income taxes) 9 9 18 17
Total operating expenses 216 234 498 496
Operating income 66 43 165 108
Other expense, net 0 0 (1) 0
Allowance for funds used during construction — equity 6 6 11 11
Interest charges and financing costs        
Interest charges and other financing costs 23 18 44 36
Allowance for funds used during construction — debt (2) (3) (5) (5)
Total interest charges and financing costs 21 15 39 31
Income before income taxes 51 34 136 88
Income tax expense 12 8 32 20
Net income $ 39 $ 26 $ 104 $ 68