Company: AWK
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001410636-25-000083
Chunk: 29

Company: American Water Works Company, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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521 Total capitalization23,855 22,853 Current liabilities:  Short-term debt999 879 Current portion of long-term debt114 637 Accounts payable240 346 Accrued liabilities539 791 Accrued taxes228 156 Accrued interest131 111 Other196 230 Total current liabilities2,447 3,150 Regulatory and other long-term liabilities:  Advances for construction396 383 Deferred income taxes and investment tax credits2,936 2,881 Regulatory liabilities1,400 1,416 Operating lease liabilities75 76 Accrued pension expense212 217 Other252 277 Total regulatory and other long-term liabilities5,271 5,250 Contributions in aid of construction1,583 1,577 Commitments and contingencies (See Note 11)Total capitalization and liabilities$33,156 $32,830 

The accompanying notes are an integral part of these Consolidated Financial Statements.

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Table of Contents

American Water Works Company, Inc. and Subsidiary Companies

Consolidated Statements of Operations (Unaudited)

(In millions, except per share data)

 For the Three Months Ended March 31, 20252024Operating revenues$1,142 $1,011 Operating expenses:  Operation and maintenance468 416 Depreciation and amortization216 188 General taxes87 81 Total operating expenses, net771 685 Operating income371 326 Other (expense) income:  Interest expense(144)(124)Interest income22 24 Non-operating benefit costs, net4 9 Other, net17 7 Total other (expense) income(101)(84)Income before income taxes270 242 Provision for income taxes65 57 Net income attributable to common shareholders$205 $185 Basic earnings per share:  Net income attributable to common shareholders$1.05 $0.95 Diluted earnings per share:  Net income attributable to common shareholders$1.05 $0.95 Weighted-average common shares outstanding:  Basic195 195 Diluted195 195 

The accompanying notes are an integral part of these Consolidated Financial Statements.

6

American Water Works Company, Inc. and Subsidiary Companies

Consolidated Statements of Comprehensive Income (Un