Tennessee valley authority (TVE)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
Operating revenues
Sales of Electricity

2,489

2,532

-

2,565

2,712

2,681

-

2,669

2,753

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Electric revenue

-

-

-

-

-

-

-

-

-

2,509

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other revenue

32

46

38

39

38

44

41

38

39

40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

2,521

2,578

3,239

2,604

2,750

2,725

3,185

2,707

2,792

2,549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from sales of electricity

-

-

-

-

-

-

-

-

-

-

-

2,532

2,508

2,508

-

2,437

2,529

2,246

3,125

2,522

2,825

2,375

3,130

2,618

2,901

2,350

2,999

2,572

2,709

2,549

3,236

2,741

2,569

2,540

3,361

2,628

2,934

2,800

-

Municipalities and cooperatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,204

Industries directly served

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

324

Federal agencies and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31

Other revenue

-

-

-

-

-

-

-

-

-

-

-

39

39

38

-

42

42

34

46

36

38

36

36

33

37

32

35

30

32

30

35

36

35

28

27

29

34

28

28

Total operating revenues

-

-

-

-

-

-

-

-

-

-

-

2,571

2,547

2,546

-

2,479

2,571

2,280

3,171

2,558

2,863

2,411

3,166

2,651

2,938

2,382

3,034

2,602

2,741

2,579

3,271

2,777

2,604

2,568

3,388

2,657

2,968

2,828

2,587

Operating expenses
Fuel

429

423

537

417

501

441

576

503

495

475

628

470

503

568

699

463

484

480

700

608

586

550

826

698

663

543

702

652

672

794

833

683

524

640

855

584

749

738

509

Purchased power

252

219

232

223

255

297

242

238

273

220

232

273

244

242

279

201

237

247

214

244

259

233

251

279

313

251

231

263

288

245

264

277

329

319

401

387

279

360

277

Operating and maintenance

644

689

801

744

800

745

717

603

632

646

445

719

699

741

756

677

669

740

755

738

657

688

861

880

793

807

767

866

876

919

885

882

863

880

940

994

800

883

757

Depreciation and amortization

457

584

586

576

466

345

1,264

404

436

423

419

423

438

437

459

451

465

461

591

534

454

452

486

463

453

441

432

412

408

428

480

505

493

441

476

436

428

432

416

Tax equivalents

132

131

145

128

136

132

139

129

126

124

142

125

129

129

150

121

127

124

142

128

131

124

145

133

140

122

144

131

136

137

170

152

149

151

198

174

145

145

114

Total operating expenses

1,914

2,046

2,301

2,088

2,158

1,960

2,938

1,877

1,962

1,888

1,866

2,010

2,013

2,117

2,343

1,913

1,982

2,052

2,402

2,252

2,087

2,047

2,569

2,453

2,362

2,164

2,276

2,324

2,380

2,523

2,632

2,499

2,358

2,431

2,870

2,575

2,401

2,558

2,073

Operating income

607

532

938

516

592

765

247

830

830

661

1,209

561

534

429

943

566

589

228

769

306

776

364

597

198

576

218

758

278

361

56

639

278

246

137

518

82

567

270

514

Other Nonoperating Income (Expense)

-1

12

10

14

14

24

16

11

11

12

17

12

15

12

14

9

8

12

4

8

8

9

12

10

13

14

8

10

11

15

17

21

-14

9

5

4

10

11

6

Defined Benefit Plan, Other Cost (Credit)

62

65

64

65

65

64

63

65

65

63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense
Interest expense

289

287

296

300

300

302

301

306

314

322

329

340

338

339

356

343

337

335

327

337

341

342

335

334

336

339

337

343

359

355

352

366

368

358

359

358

356

358

343

Allowance for funds used during construction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

59

58

58

56

55

53

50

48

45

42

40

45

43

41

39

-

-

-

-

-

-

-

-

-

Allowance for funds used during construction and nuclear fuel expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-44

-42

-39

-33

-32

-32

-29

-22

Net interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

296

284

279

277

271

282

288

292

287

289

294

299

292

300

318

316

306

322

326

319

326

326

324

329

321

Net Income (Loss) Attributable to Parent

255

192

588

165

241

423

-101

470

462

288

139

233

211

102

661

291

318

-37

502

32

496

81

322

-81

295

-67

474

-12

54

-245

350

-23

-94

-173

197

-240

253

-48

199