Company: AWK
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001410636-25-000022
Chunk: 142

Company: American Water Works Company, Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 142
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 158 147 Industrial184 167 153 Public and other301 284 267 Total water services3,883 3,550 3,218 Wastewater services:Residential245 228 174 Commercial70 62 45 Industrial12 8 4 Public and other36 29 19 Total wastewater services363 327 242 Other (a)50 43 45 Total operating revenues$4,296 $3,920 $3,505 

(a)Includes other operating revenues consisting primarily of miscellaneous utility charges, fees and rents.

 For the Years Ended December 31,(Gallons in millions)202420232022Billed water services volumes:   Residential163,583 160,921 162,105 Commercial80,385 78,404 77,627 Industrial37,217 36,404 37,265 Fire service, public and other54,700 54,236 51,966 Total billed water services volumes335,885 329,965 328,963 

In 2024, as compared to 2023, operating revenues increased $376 million, primarily due to: (i) a $288 million increase from authorized rate increases, including infrastructure surcharges, principally to recover infrastructure investment in various states; (ii) a $41 million increase from water and wastewater acquisitions and organic growth in existing systems; (iii) a $26 million increase from changes in customer demand; and (iv) a $17 million net increase as a result of reduced amortization of EADIT, primarily in the Company’s Missouri subsidiary.

59

Operation and Maintenance

Presented in the table below is information regarding the main components of the Regulated Businesses’ operating and maintenance expense:

 For the Years Ended December 31,(In millions)202420232022Employee-related costs$543 $513 $505 Production costs458 438 387 Operating supplies and services274 255 242 Maintenance materials and supplies97 102 96 Customer billing and accounting72 65 59 Other73 68 56 Total operation and maintenance expense$1,517 $1,441 $1,345 

Employee-Related Costs

 For the Years Ended December 31,(In millions)202420232022Salaries and wages$434 $413 $395 Group insurance69 60 59 Pensions7