v3.24.2.u1

STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Operating revenues
Operating revenues	$ 458	$ 496	$ 886	$ 1,004
Operating expenses
Electric fuel and purchased power	103	211	263	456
Operating and maintenance expenses	83	69	155	149
Demand side management expenses	5	4	11	10
Depreciation and amortization	136	92	235	183
Taxes (other than income taxes)	29	24	50	49
Total operating expenses	356	400	714	847
Operating income	102	96	172	157
Other expense, net	4	1	5	1
Allowance for funds used during construction — equity	4	2	6	3
Interest charges and financing costs
Interest charges and other financing costs	41	37	78	71
Allowance for funds used during construction — debt	(2)	(2)	(4)	(3)
Total interest charges and financing costs	39	35	74	68
Income before income taxes	71	64	109	93
Income tax benefit	(18)	(17)	(37)	(42)
Net income	$ 89	$ 81	$ 146	$ 135

Costs incurred for energy conservation, weatherization and other programs to conserve or manage energy use by customers.

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