The company continues to invest in renewable energy projects, as evidenced by increased capital expenditures in the investing section of the cash flow statement. This is consistent with the company's long-term strategy.

The company continues to invest in infrastructure upgrades and system expansion, as evidenced by increased capital expenditures in the investing section of the cash flow statement. This is consistent with the company's long-term strategy.

The company's resource plan includes significant additions of renewable resources, including wind and solar, as well as battery storage. This is consistent with the company's long-term strategy.

Management effectively managed operating expenses, which decreased from $3,507 million to $2,970 million year-over-year. This contributed to the increase in net income.

Management continues to execute on long-term strategic plans, as evidenced by continued investment in renewable energy projects and infrastructure upgrades.

Management is actively engaged in regulatory proceedings, as evidenced by the numerous rate case filings and other regulatory matters discussed in the report.

The company faces significant risk from potential liabilities related to wildfires, as evidenced by the discussion of the Marshall Fire and Smokehouse Creek Fire Complex. These liabilities could exceed insurance coverage and have a material adverse effect on the company's financial condition.

The company faces risk from potential changes in environmental regulations, as well as other regulatory and legislative changes. These changes could impact the company's operations and financial results.

The company faces risk from fluctuations in commodity prices, particularly natural gas and coal. These fluctuations can impact the company's revenues and expenses.

The company operates in a regulated environment, which provides a degree of stability but also limits the company's ability to compete on price.

The company's competitive position is influenced by regulatory decisions, including rate cases and other regulatory matters. These decisions can impact the company's ability to compete effectively.

The company is focused on providing reliable and affordable energy to its customers. This is a key factor in the company's competitive position.

O&M expenses decreased from $650 million to $605 million year-over-year, indicating improved efficiency in the company's operations.

The company continues to invest in infrastructure upgrades and system expansion, which should improve operational efficiency over time.

The company faces risk from potential supply chain disruptions, which could impact operational efficiency and project timelines.

The company is investing in renewable energy technologies, including wind and solar, as well as battery storage. This is consistent with the company's long-term strategy.

The company is exploring new technologies to improve grid reliability, including microgrids and advanced metering infrastructure.

The company is evaluating the impact of new technologies on its operations, including electric vehicles and distributed generation.

Capital expenditures continue to be focused on infrastructure upgrades and renewable energy projects, as evidenced by the investing section of the cash flow statement.

The company maintains a consistent dividend policy, as evidenced by the dividend payments in the cash flow statement. This is consistent with the company's long-term strategy.

The company is actively managing its capital structure, as evidenced by the issuances and repayments of debt in the financing section of the cash flow statement.

The company is committed to reducing carbon emissions, as evidenced by its resource plan and investments in renewable energy projects.

The company is focused on environmental sustainability, as evidenced by its efforts to comply with environmental regulations and invest in renewable energy projects.

The company is actively engaged in community outreach and engagement, as evidenced by its efforts to coordinate with neighboring electric providers, telecom companies, 911, medical providers, and other first responders and community leaders.

The company is impacted by weather conditions, as evidenced by the discussion of the impact of temperature variations on sales and earnings.

The company is impacted by regulatory outcomes, as evidenced by the numerous rate case filings and other regulatory matters discussed in the report.

The company is impacted by commodity prices, particularly natural gas and coal. These fluctuations can impact the company's revenues and expenses.