Avangrid, Inc. AGR Income Statement

Avangrid, inc. (AGR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15
Operating Revenues
1,789	1,609	1,487	1,400	1,842	1,665	1,546	1,402	1,865	1,533	1,341	1,331	1,758	1,491	1,418	1,439	1,670	1,153	1,048	939	1,227
Operating Expenses
Purchased power, natural gas and fuel used
475	408	279	259	563	456	342	279	576	381	250	242	465	325	312	221	428	218	211	151	392
Operations and maintenance
570	587	588	573	553	614	574	533	527	545	531	493	522	544	553	558	551	573	421	434	380
Loss from assets held for sale
-	-	0	0	-	0	-1	-10	-5	-	0	-	-	-	-	-	-	-	-	-	-
Impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	7	-
Depreciation and amortization
251	253	237	222	222	211	226	215	203	216	205	206	197	183	203	213	205	170	163	187	175
Taxes other than income taxes
166	145	144	139	163	135	150	143	151	141	137	138	147	133	133	125	137	107	89	87	84
Total Operating Expenses
1,462	1,393	1,248	1,193	1,501	1,416	1,293	1,180	1,462	1,925	1,123	1,079	1,331	1,185	1,201	1,117	1,321	1,070	887	866	1,031
Operating Income
327	216	239	207	341	249	253	222	403	-392	218	252	427	306	217	322	349	83	161	73	196
Other Income and (Expense)
Other expense
-3	-	6	2	-7	-	-16	-20	-21	-	-15	-21	-16	4	3	20	49	18	16	10	12
(Losses) earnings from equity method investments
-6	2	-1	1	1	2	1	5	2	-43	0	1	2	3	2	0	2	-	-3	-1	1
Interest expense, net of capitalization
76	80	72	76	78	84	75	70	74	70	71	68	71	56	60	68	84	76	64	66	61
Income Before Income Tax
242	256	172	134	257	158	163	137	310	-515	132	164	342	257	162	274	316	28	110	16	148
Income tax expense
12	40	33	29	41	42	29	27	72	-438	32	44	103	48	53	172	104	-74	56	5	42
Net Income
230	216	139	105	216	116	134	110	238	-77	100	120	239	209	109	102	212	102	54	11	106
Net loss attributable to noncontrolling interests
-10	-7	-11	-5	-1	-3	9	3	-6	-	1	-	-	-	-	-	-	-	-	-	-
Net Income Attributable to Avangrid, Inc.
240	223	150	110	217	119	125	107	244	-77	99	120	239	209	109	102	212	102	54	11	106
Earnings Per Common Share, Basic (in usd per share)
0.78	0.72	0.48	0.36	0.70	0.38	0.40	0.35	0.79	-0.25	0.32	0.39	0.77	0.67	0.35	0.33	0.69	0.39	0.22	0.04	0.42
Earnings Per Common Share, Diluted (in usd per share)
0.78	0.72	0.48	0.36	0.70	0.39	0.40	0.34	0.79	-0.25	0.32	0.39	0.77	0.67	0.35	0.33	0.69	0.39	0.22	0.04	0.42
Weighted-average Number of Common Shares Outstanding:
Basic (in shares)
309	309	309	309	309	309	309	309	309	309	309	309	309	309	309	309	309	261	252	252	252
Diluted (in shares)
309	309	309	309	309	309	309	309	309	309	309	309	309	309	309	309	309	261	252	252	252
Cash Dividends Declared Per Common Share
-	-	-	-	-	-	-	-	-	-	-	0.43	0.43	-	0.43	0.43	0.43	-	-	-	-