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Unaudited Condensed Consolidated Balance Sheets (USD $)
In Millions
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Utility Plant    
Utility plant in service $ 30,675 $ 29,708
Accumulated depreciation (11,778) (11,567)
Utility plant in service, net 18,897 18,141
Other utility plant, net 222 220
Construction work in progress 1,982 2,205
Nuclear fuel, net of amortization 648 674
Total utility plant, net 21,749 21,240
Current assets    
Cash and cash equivalents 52 611
Receivables, net 1,041 1,033
Notes receivable from affiliated companies 0 0
Inventory 1,354 1,226
Regulatory assets 198 176
Derivative collateral posted 122 164
Prepayments and other current assets 249 266
Total current assets 3,016 3,476
Deferred debits and other assets    
Regulatory assets 2,268 2,374
Nuclear decommissioning trust funds 1,686 1,571
Miscellaneous other property and investments 418 413
Goodwill 3,655 3,655
Other assets and deferred debits 328 325
Total deferred debits and other assets 8,355 8,338
Total assets 33,120 33,054
Common stock equity    
Common stock without par value 7,390 7,343
Accumulated other comprehensive loss (142) (125)
Retained earnings 2,798 2,805
Total common stock equity 10,046 10,023
Noncontrolling interests 3 4
Total equity 10,049 10,027
Preferred stock of subsidiaries 93 93
Long-term debt, affiliate 273 273
Long-term debt, net 11,418 11,864
Total capitalization 21,833 22,257
Current liabilities    
Current portion of long-term debt 750 505
Short-term debt 314 0
Notes payable to affiliated companies 0 0
Accounts payable 920 994
Interest accrued 207 216
Dividends declared 185 184
Customer deposits 337 324
Derivative liabilities 214 259
Accrued compensation and other benefits 139 175
Other current liabilities 391 298
Total current liabilities 3,457 2,955
Deferred credits and other liabilities    
Noncurrent income tax liabilities 1,902 1,696
Accumulated deferred investment tax credits 106 110
Regulatory liabilities 2,585 2,635
Asset retirement obligations 1,235 1,200
Accrued pension and other benefits 1,305 1,514
Derivative liabilities 237 278
Other liabilities and deferred credits 460 409
Total deferred credits and other liabilities 7,830 7,842
Commitments and contingencies (Notes 12 and 13)    
Total capitalization and liabilities 33,120 33,054
PEC
   
Utility Plant    
Utility plant in service 17,198 16,388
Accumulated depreciation (7,434) (7,324)
Utility plant in service, net 9,764 9,064
Other utility plant, net 186 184
Construction work in progress 975 1,233
Nuclear fuel, net of amortization 442 480
Total utility plant, net 11,367 10,961
Current assets    
Cash and cash equivalents 18 230
Receivables, net 462 519
Receivables from affiliated companies 27 44
Inventory 711 590
Deferred fuel cost 61 71
Income taxes receivable 22 90
Prepayments and other current assets 106 112
Total current assets 1,407 1,656
Deferred debits and other assets    
Regulatory assets 1,002 987
Nuclear decommissioning trust funds 1,097 1,017
Miscellaneous other property and investments 186 183
Other assets and deferred debits 95 95
Total deferred debits and other assets 2,380 2,282
Total assets 15,154 14,899
Common stock equity    
Common stock without par value 2,141 2,130
Accumulated other comprehensive loss (36) (33)
Retained earnings 3,045 3,083
Total common stock equity 5,150 5,180
Preferred stock 59 59
Long-term debt, net 3,693 3,693
Total capitalization 8,902 8,932
Current liabilities    
Short-term debt 198 0
Accounts payable 476 534
Payables to affiliated companies 81 109
Interest accrued 75 74
Customer deposits 114 106
Derivative liabilities 45 53
Accrued compensation and other benefits 80 99
Other current liabilities 145 81
Total current liabilities 1,214 1,056
Deferred credits and other liabilities    
Noncurrent income tax liabilities 1,754 1,608
Accumulated deferred investment tax credits 101 104
Regulatory liabilities 1,544 1,461
Asset retirement obligations 875 849
Accrued pension and other benefits 576 723
Other liabilities and deferred credits 188 166
Total deferred credits and other liabilities 5,038 4,911
Commitments and contingencies (Notes 12 and 13)    
Total capitalization and liabilities 15,154 14,899
PEF
   
Utility Plant    
Utility plant in service 13,312 13,155
Accumulated depreciation (4,267) (4,168)
Utility plant in service, net 9,045 8,987
Held for future use 36 36
Construction work in progress 1,007 972
Nuclear fuel, net of amortization 206 194
Total utility plant, net 10,294 10,189
Current assets    
Cash and cash equivalents 18 249
Receivables, net 556 496
Receivables from affiliated companies 18 11
Inventory 644 636
Regulatory assets 137 105
Derivative collateral posted 104 140
Deferred tax assets 70 77
Prepayments and other current assets 30 29
Total current assets 1,577 1,743
Deferred debits and other assets    
Regulatory assets 1,266 1,387
Nuclear decommissioning trust funds 589 554
Miscellaneous other property and investments 47 43
Other assets and deferred debits 134 140
Total deferred debits and other assets 2,036 2,124
Total assets 13,907 14,056
Common stock equity    
Common stock without par value 1,754 1,750
Accumulated other comprehensive loss (9) (4)
Retained earnings 2,958 3,144
Total common stock equity 4,703 4,890
Preferred stock 34 34
Long-term debt, net 4,182 4,182
Total capitalization 8,919 9,106
Current liabilities    
Current portion of long-term debt 300 300
Short-term debt 67 0
Notes payable to affiliated companies 6 9
Accounts payable 424 439
Payables to affiliated companies 44 60
Interest accrued 79 83
Customer deposits 223 218
Derivative liabilities 160 188
Accrued compensation and other benefits 35 47
Other current liabilities 251 121
Total current liabilities 1,589 1,465
Deferred credits and other liabilities    
Noncurrent income tax liabilities 1,190 1,065
Regulatory liabilities 953 1,084
Asset retirement obligations 360 351
Accrued pension and other benefits 441 522
Capital lease obligations 195 199
Derivative liabilities 155 190
Other liabilities and deferred credits 105 74
Total deferred credits and other liabilities 3,399 3,485
Commitments and contingencies (Notes 12 and 13)    
Total capitalization and liabilities $ 13,907 $ 14,056