XML 124 R86.htm IDEA: XBRL DOCUMENT v3.23.3
Segment Information - Reconciliation to Consolidated Financial Statements (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Segment Reporting Information [Line Items]                  
Total operating revenues $ 5,980     $ 4,845     $ 16,360 $ 14,412  
Income (loss) from continuing operations before income taxes: 767     768     1,985 1,978  
Income taxes 67     92     274 356  
Net income (loss): 700 $ 343 $ 669 676 $ 465 $ 598 1,711 1,739  
Net income (loss) from continuing operations: 700     676     1,711 1,622  
Capital expenditures             5,540 5,179  
Total assets 99,259           99,259   $ 95,349
Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Total operating revenues 1,773     1,598     4,615 4,223  
Income (loss) from continuing operations before income taxes: 281     291     593 528  
Income taxes 49     2     103 10  
Net income (loss): 232 $ 103 $ 155 289 $ 100 $ 130 490 518  
Capital expenditures             1,510 1,174  
Total assets 26,656           26,656   26,082
Related Party                  
Segment Reporting Information [Line Items]                  
Interest expense, net 6     6     18 19  
Related Party | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 2     3     7 9  
Operating Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 5,980     4,845     16,360 14,412  
Depreciation and amortization 890     825     2,616 2,472  
Operating expenses 4,857     3,834     13,429 11,804  
Interest expense, net 437     365     1,277 1,063  
Income (loss) from continuing operations before income taxes: 767     768     1,985 1,978  
Income taxes 67     92     274 356  
Net income (loss) from continuing operations: 700     676     1,711 1,622  
Capital expenditures 1,855     1,672     5,540 4,952  
Total assets 99,259           99,259   95,349
Operating Segment | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 0     0     0 6  
Intersegment Eliminations                  
Segment Reporting Information [Line Items]                  
Total operating revenues (475)     (396)     (1,370) (1,376)  
Depreciation and amortization 0     0     0 0  
Operating expenses (478)     (380)     (1,367) (1,288)  
Interest expense, net 0     0     (4) 0  
Income (loss) from continuing operations before income taxes: (16)     0     (21) (42)  
Income taxes 0     0     1 (9)  
Net income (loss) from continuing operations: (15)     (1)     (22) (33)  
Capital expenditures 0     0     0 0  
Total assets (4,172)           (4,172)   (4,260)
Intersegment Eliminations | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Total operating revenues (104)     (94)     (314) (290)  
Depreciation and amortization 0     0     0 0  
Operating expenses (103)     (95)     (314) (290)  
Interest expense, net (1)     1     2 1  
Income (loss) from continuing operations before income taxes: (1)     0     0 0  
Income taxes 0     0     0 0  
Net income (loss): 0     0     0 0  
Capital expenditures 0     0     0 0  
Total assets (74)           (74)   (33)
Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates (458)     (393)     (1,343) (1,377)  
Intersegment Eliminations | Related Party | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates (104)     (94)     (313) (290)  
Commonwealth Edison Co | Operating Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 2,268     1,378     5,836 4,536  
Depreciation and amortization 357     333     1,045 982  
Operating expenses 1,738     913     4,472 3,357  
Interest expense, net 119     104     357 308  
Income (loss) from continuing operations before income taxes: 427     375     1,057 909  
Income taxes 94     84     235 203  
Net income (loss) from continuing operations: 333     291     822 706  
Capital expenditures 664     593     1,926 1,801  
Total assets 42,042           42,042   39,661
Commonwealth Edison Co | Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 9     6     14 14  
PECO Energy Co | Operating Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 1,037     1,014     2,977 2,877  
Depreciation and amortization 100     92     297 277  
Operating expenses 847     798     2,436 2,230  
Interest expense, net 52     45     149 129  
Income (loss) from continuing operations before income taxes: 149     179     418 541  
Income taxes 3     44     8 67  
Net income (loss) from continuing operations: 146     135     410 474  
Capital expenditures 361     333     1,068 991  
Total assets 15,259           15,259   14,502
PECO Energy Co | Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 2     3     6 5  
Baltimore Gas and Electric Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 932     870     2,986 2,810  
Depreciation and amortization 161     148     487 470  
Operating expenses 835     810     2,503 2,446  
Interest expense, net 47     39     135 110  
Income (loss) from continuing operations before income taxes: 56     26     362 270  
Income taxes 11     (7)     76 3  
Net income (loss) from continuing operations: 45     33     286 267  
Capital expenditures 330     340     986 918  
Total assets 13,649           13,649   13,350
Baltimore Gas and Electric Company | Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 2     3     6 13  
Pepco Holdings LLC | Operating Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 1,773     1,598     4,615 4,223  
Depreciation and amortization 257     238     741 697  
Operating expenses 1,440     1,254     3,864 3,535  
Interest expense, net 80     72     238 216  
Income (loss) from continuing operations before income taxes: 281     291     593 528  
Income taxes 49     2     103 10  
Net income (loss): 232     289     490 518  
Net income (loss) from continuing operations: 232     289     490 518  
Capital expenditures 488     398     1,510 1,174  
Total assets 26,656           26,656   26,082
Pepco Holdings LLC | Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 2     3     7 9  
Potomac Electric Power Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 822     724     2,174 1,919  
Depreciation and amortization 112     99     329 312  
Operating expenses 658     555     1,810 1,588  
Interest expense, net 41     37     122 111  
Income (loss) from continuing operations before income taxes: 141     146     292 259  
Income taxes 21     1     43 (2)  
Net income (loss): 120     145     249 261  
Capital expenditures 227     193     710 595  
Total assets 11,061           11,061   10,657
Potomac Electric Power Company | Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 1     2     5 4  
Delmarva Power and Light Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 450     412     1,273 1,176  
Depreciation and amortization 62     59     182 172  
Operating expenses 386     345     1,079 999  
Interest expense, net 18     16     53 48  
Income (loss) from continuing operations before income taxes: 51     54     153 138  
Income taxes 8     2     25 8  
Net income (loss): 43     52     128 130  
Capital expenditures 158     100     416 294  
Total assets 5,870           5,870   5,802
Delmarva Power and Light Company | Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 2     1     5 5  
Atlantic City Electric Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 502     462     1,172 1,120  
Depreciation and amortization 77     74     212 192  
Operating expenses 394     353     971 947  
Interest expense, net 19     17     52 49  
Income (loss) from continuing operations before income taxes: 94     95     162 133  
Income taxes 23     1     40 2  
Net income (loss): 71     94     122 131  
Capital expenditures 101     105     376 284  
Total assets 5,155           5,155   4,979
Atlantic City Electric Company | Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 0     0     1 2  
Corporate and Other | Corporate, Non-Segment                  
Segment Reporting Information [Line Items]                  
Total operating revenues 445     381     1,316 1,342  
Depreciation and amortization 15     14     46 46  
Operating expenses 475     439     1,521 1,524  
Interest expense, net 139     105     402 300  
Income (loss) from continuing operations before income taxes: (130)     (103)     (424) (228)  
Income taxes (90)     (31)     (149) 82  
Net income (loss) from continuing operations: (41)     (71)     (275) (310)  
Capital expenditures 12     8     50 68  
Total assets 5,825           5,825   6,014
Corporate and Other | Corporate, Non-Segment | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Total operating revenues 103     94     310 298  
Depreciation and amortization 6     6     18 21  
Operating expenses 105     96     318 291  
Interest expense, net 3     1     9 7  
Income (loss) from continuing operations before income taxes: (4)     (4)     (14) (2)  
Income taxes (3)     (2)     (5) 2  
Net income (loss): (2)     (2)     (9) (4)  
Capital expenditures 2     0     8 1  
Total assets 4,644           4,644   $ 4,677
Corporate and Other | Intersegment Eliminations | Related Party                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 443     378     1,310 1,342  
Corporate and Other | Intersegment Eliminations | Related Party | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Operating revenues from affiliates 103     94     309 288  
Rate-regulated electric revenues                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 5,684     4,557     14,579 12,972  
Rate-regulated electric revenues | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 1,762     1,568     4,399 4,090  
Rate-regulated electric revenues | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 5,793     4,621     15,056 13,082  
Rate-regulated electric revenues | Intersegment Eliminations                  
Segment Reporting Information [Line Items]                  
Electric operating revenues (28)     (12)     (45) (24)  
Rate-regulated electric revenues | Intersegment Eliminations | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Electric operating revenues (3)     (3)     (11) 0  
Rate-regulated electric revenues | Commonwealth Edison Co | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 2,268     1,378     5,836 4,536  
Rate-regulated electric revenues | PECO Energy Co | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 970     941     2,484 2,390  
Rate-regulated electric revenues | Baltimore Gas and Electric Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 836     757     2,322 2,122  
Rate-regulated electric revenues | Pepco Holdings LLC | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 1,747     1,557     4,459 4,058  
Rate-regulated electric revenues | Potomac Electric Power Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 822     724     2,174 1,919  
Rate-regulated electric revenues | Delmarva Power and Light Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 426     374     1,123 1,019  
Rate-regulated electric revenues | Atlantic City Electric Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 502     462     1,172 1,120  
Rate-regulated electric revenues | Corporate and Other | Corporate, Non-Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Rate-regulated electric revenues | Corporate and Other | Corporate, Non-Segment | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     1 0  
Rate-regulated natural gas revenues                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 188     224     1,268 1,348  
Rate-regulated natural gas revenues | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 24     38     150 157  
Rate-regulated natural gas revenues | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 187     224     1,304 1,330  
Rate-regulated natural gas revenues | Intersegment Eliminations                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     (3) (2)  
Rate-regulated natural gas revenues | Intersegment Eliminations | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Rate-regulated natural gas revenues | Commonwealth Edison Co | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Rate-regulated natural gas revenues | PECO Energy Co | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 67     73     493 487  
Rate-regulated natural gas revenues | Baltimore Gas and Electric Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 96     113     664 688  
Rate-regulated natural gas revenues | Pepco Holdings LLC | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 24     38     150 157  
Rate-regulated natural gas revenues | Potomac Electric Power Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Rate-regulated natural gas revenues | Delmarva Power and Light Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 24     38     150 157  
Rate-regulated natural gas revenues | Atlantic City Electric Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Rate-regulated natural gas revenues | Corporate and Other | Corporate, Non-Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Rate-regulated natural gas revenues | Corporate and Other | Corporate, Non-Segment | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Shared service and other revenues | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Shared service and other revenues | Intersegment Eliminations                  
Segment Reporting Information [Line Items]                  
Electric operating revenues (447)     (384)     (1,322) (1,350)  
Shared service and other revenues | Intersegment Eliminations | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Electric operating revenues (101)     (91)     (303) (290)  
Shared service and other revenues | Commonwealth Edison Co | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Shared service and other revenues | PECO Energy Co | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Shared service and other revenues | Baltimore Gas and Electric Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Shared service and other revenues | Pepco Holdings LLC | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 2     3     6 8  
Shared service and other revenues | Potomac Electric Power Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Shared service and other revenues | Delmarva Power and Light Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Shared service and other revenues | Atlantic City Electric Company | Operating Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 0     0     0 0  
Shared service and other revenues | Corporate and Other | Corporate, Non-Segment                  
Segment Reporting Information [Line Items]                  
Electric operating revenues 445     381     1,316 1,342  
Shared service and other revenues | Corporate and Other | Corporate, Non-Segment | Pepco Holdings LLC                  
Segment Reporting Information [Line Items]                  
Electric operating revenues $ 103     $ 94     $ 309 $ 298