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Unaudited Condensed Consolidated Statements of Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Statement of Comprehensive Income [Line Items]    
Operating revenues $ 2,092 $ 2,167
Operating expenses    
Fuel used in electric generation 685 718
Purchased power 210 220
Operation and maintenance 529 494
Depreciation, amortization and accretion 166 154
Taxes other than on income 138 140
Other 0 (10)
Total operating expenses 1,728 1,716
Operating income 364 451
Other income (expense)    
Interest income 1 1
Allowance for equity funds used during construction 24 29
Other, net 13 3
Total other income, net 38 33
Interest charges    
Interest charges 194 199
Allowance for borrowed funds used during construction (9) (9)
Total interest charges, net 185 190
Income from continuing operations before income tax 217 294
Income tax expense 76 107
Income from continuing operations 141 187
Discontinued operations, net of tax 11 (2)
Net income 152 185
Net income attributable to noncontrolling interests, net of tax (2) (1)
Net income attributable to controlling interests 150 184
Average common shares outstanding - basic 297 295
Basic and diluted earnings per common share    
Income from continuing operations attributable to controlling interests, net of tax $ 0.47 $ 0.63
Discontinued operations attributable to controlling interests, net of tax $ 0.04 $ (0.01)
Net income attributable to controlling interests $ 0.51 $ 0.62
Dividends declared per common share $ 0.620 $ 0.620
Net income amounts attributable to controlling interests    
Income from continuing operations, net of tax 139 186
Discontinued operations, net of tax 11 (2)
Net income attributable to controlling interests 150 184
Comprehensive income    
Comprehensive income 157 189
Comprehensive (income) loss attributable to noncontrolling interests, net of tax (2) (1)
Comprehensive income attributable to controlling interests 155 188
PEC
   
Statement of Comprehensive Income [Line Items]    
Operating revenues 1,085 1,133
Operating expenses    
Fuel used in electric generation 349 363
Purchased power 65 67
Operation and maintenance 374 295
Depreciation, amortization and accretion 134 124
Taxes other than on income 56 56
Other (1) 0
Total operating expenses 977 905
Operating income 108 228
Other income (expense)    
Allowance for equity funds used during construction 15 20
Other, net 4 (2)
Total other income, net 19 18
Interest charges    
Interest charges 56 50
Allowance for borrowed funds used during construction (5) (5)
Total interest charges, net 51 45
Income from continuing operations before income tax 76 201
Income tax expense 24 70
Net income 52 131
Preferred stock dividend requirement (1) (1)
Net income available to parent 51 130
Comprehensive income    
Comprehensive income attributable to controlling interests 57 133
PEF
   
Statement of Comprehensive Income [Line Items]    
Operating revenues 1,005 1,032
Operating expenses    
Fuel used in electric generation 336 355
Purchased power 145 153
Operation and maintenance 160 210
Depreciation, amortization and accretion 27 25
Taxes other than on income 82 85
Other 0 (12)
Total operating expenses 750 816
Operating income 255 216
Other income (expense)    
Allowance for equity funds used during construction 9 9
Other, net 0 3
Total other income, net 9 12
Interest charges    
Interest charges 67 69
Allowance for borrowed funds used during construction (4) (4)
Total interest charges, net 63 65
Income from continuing operations before income tax 201 163
Income tax expense 73 61
Net income 128 102
Preferred stock dividend requirement (1) (1)
Net income available to parent 127 101
Comprehensive income    
Comprehensive income attributable to controlling interests $ 129 $ 102