v3.26.3
STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating revenues        
Operating revenues $ 738 $ 655 $ 1,657 $ 1,684
Operating expenses        
Electric fuel and purchased power 216 208 432 582
Operating and maintenance expenses 99 86 270 257
Demand side management expenses 6 6 17 17
Depreciation and amortization 128 118 372 345
Taxes (other than income taxes) 29 25 84 75
Total operating expenses 478 443 1,175 1,276
Operating income 260 212 482 408
Other income, net 7 4 10 8
Allowance for funds used during construction — equity 16 9 44 20
Interest charges and financing costs        
Interest charges and other financing costs 66 50 169 144
Allowance for funds used during construction — debt (8) (5) (21) (11)
Total interest charges and financing costs 58 45 148 133
Income before income taxes 225 180 388 303
Income tax expense (benefit) 9 20 (35) (17)
Net income $ 216 $ 160 $ 423 $ 320