|
Results of Operations |
 |
Earnings Before Interest and Taxes by Business Segment
|
|
|
|
Years Ended December 31, |
(In millions) |
|
1998 |
|
|
1997 |
|
|
1996 |
|
|
| Electric Operations |
$ |
1,513 |
|
$ |
1,282 |
|
$ |
1,419 |
|
| Natural Gas Transmission |
|
702 |
|
|
624 |
|
|
595 |
|
| Field Services |
|
76 |
|
|
157 |
|
|
152 |
|
| Trading and Marketing |
|
122 |
|
|
44 |
|
|
58 |
|
| Global Asset Development |
|
80 |
|
|
5 |
|
|
-- |
|
| Other Energy Services |
|
10 |
|
|
18 |
|
|
20 |
|
| Real Estate Operations |
|
142 |
|
|
98 |
|
|
88 |
|
| Other Operations |
|
2 |
|
|
(120 |
) |
|
(38 |
) |
|
|
| Consolidated EBIT |
$ |
2,647 |
|
$ |
2,108 |
|
$ |
2,294 |
|
 |
|
Other Operations primarily includes communication services, water services and certain unallocated corporate costs. Included in the amounts discussed below are intercompany transactions that are eliminated in the Consolidated Financial Statements.
|
|
