EC1 - Economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments

All information included below is based [unless otherwise noted] on the Consolidated Statement of Income for the Year Ended December 31, 2010 as reported in the 2010 10-K.

Economic Value Generated - Revenues
Revenues totaled $14.6 billion ($13.6 billion last year). This includes revenues as reported, as well as net gain on the sale of assets and equity investments, and interest and dividend income.

Economic Value Distributed

Operating Costs
Operating Costs totaled $7.5 billion ($6.8 billion last year) based on Fuel, Purchased Energy and Operation and Maintenance expenses, adjusted for those amounts reported in the sections "Employee Wages & Benefits" and "Community Investments/ Contributions" (see below)

Employee Wages & Benefits
Employee wages and benefits totaled $2.4 billion ($2.1 billion last year). This represents $1.9 billion ($1.6 billion last year) included in reported expenses, and $0.5 billion ($0.5 billion last year) that was capitalized during the year.

Payments to the Providers of Capital
Payments totaled $1.9 billion ($1.8 billion last year). This represents $1,026 million ($1,012 million last year) in reported expenses (Interest Expense excluding capitalized interest, minority interest expense and preferred stock dividends) and $824 million ($758 million last year) in common stock dividends.

Payments to Governments
Payments totaled $595 million ($59 million last year).

Community Investments - Contributions
Payments totaled $48 million ($20 million last year).