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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 34 $ 14
Restricted cash equivalents 13 25
Accounts receivable, less allowance for uncollectible accounts 956 782
Inventories 150 141
Deferred income tax assets, net 47 50
Income taxes and related accrued interest receivable 12 9
Prepaid expenses and other 79 63
Total Current Assets 1,291 1,084
OTHER ASSETS    
Goodwill 1,406 1,407
Regulatory assets 2,310 2,409
Income taxes and related accrued interest receivable 81 81
Restricted cash equivalents 14 14
Other 165 166
Total Other Assets 3,976 4,077
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 15,787 15,465
Accumulated depreciation (4,922) (4,959)
Net Property, Plant and Equipment 10,865 10,506
TOTAL ASSETS 16,132 15,667
CURRENT LIABILITIES    
Short-term debt 798 729
Current portion of long-term debt and project funding 312 431
Accounts payable 172 174
Accrued liabilities 353 313
Capital lease obligations due within one year 11 10
Taxes accrued 47 41
Interest accrued 50 47
Liabilities and accrued interest related to uncertain tax positions 6 6
Other 284 314
Total Current Liabilities 2,033 2,065
DEFERRED CREDITS    
Regulatory liabilities 355 343
Deferred income tax liabilities, net 3,330 3,266
Investment tax credits 15 16
Pension benefit obligation 437 396
Other postretirement benefit obligations 238 265
Liabilities and accrued interest related to uncertain tax positions 2 2
Other 194 193
Total Deferred Credits 4,571 4,481
OTHER LONG-TERM LIABILITIES    
Long-term debt 4,848 4,441
Transition bonds issued by ACE Funding 148 171
Long-term project funding 4 8
Capital lease obligations 45 50
Total Other Long-Term Liabilities $ 5,045 $ 4,670
COMMITMENTS AND CONTINGENCIES    
PREFERRED STOCK    
Series A preferred stock, $.01 par value, 18,000 shares authorized, 16,200 and 12,600 shares outstanding, respectively $ 165 $ 129
EQUITY    
Common stock 3 3
Premium on stock and other capital contributions 3,823 3,800
Accumulated other comprehensive loss (42) (46)
Retained earnings 534 565
Total Equity 4,318 4,322
TOTAL LIABILITIES AND EQUITY 16,132 15,667
Potomac Electric Power Co [Member]    
CURRENT ASSETS    
Cash and cash equivalents 22 6
Restricted cash equivalents 2 5
Accounts receivable, less allowance for uncollectible accounts 412 315
Inventories 66 62
Deferred income tax assets, net 5 14
Income taxes and related accrued interest receivable 94 94
Prepaid expenses and other 9 21
Total Current Assets 610 517
OTHER ASSETS    
Regulatory assets 677 697
Prepaid pension expense 304 316
Investment in trust 34 34
Income taxes and related accrued interest receivable 30 30
Other 75 71
Total Other Assets 1,120 1,148
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 7,848 7,764
Accumulated depreciation (2,746) (2,816)
Net Property, Plant and Equipment 5,102 4,948
TOTAL ASSETS 6,832 6,613
CURRENT LIABILITIES    
Short-term debt   104
Current portion of long-term debt and project funding   12
Accounts payable 93 94
Accrued liabilities 100 91
Accounts payable due to associated companies 32 30
Capital lease obligations due within one year 11 10
Taxes accrued 31 32
Interest accrued 22 19
Customer deposits 43 44
Other 71 102
Total Current Liabilities 403 538
DEFERRED CREDITS    
Regulatory liabilities 105 104
Deferred income tax liabilities, net 1,590 1,584
Investment tax credits 2 2
Other postretirement benefit obligations 53 57
Other 66 67
Total Deferred Credits 1,816 1,814
OTHER LONG-TERM LIABILITIES    
Long-term debt 2,332 2,124
Capital lease obligations 45 50
Total Other Long-Term Liabilities $ 2,377 $ 2,174
COMMITMENTS AND CONTINGENCIES    
EQUITY    
Premium on stock and other capital contributions $ 1,122 $ 1,010
Retained earnings 1,114 1,077
Total Equity 2,236 2,087
TOTAL LIABILITIES AND EQUITY 6,832 6,613
Delmarva Power & Light Co/De [Member]    
CURRENT ASSETS    
Cash and cash equivalents 6 4
Restricted cash equivalents   5
Accounts receivable, less allowance for uncollectible accounts 224 193
Inventories 56 55
Deferred income tax assets, net 21 16
Income taxes and related accrued interest receivable 34 34
Prepaid expenses and other 2 12
Total Current Assets 343 319
OTHER ASSETS    
Goodwill 8 8
Regulatory assets 349 356
Prepaid pension expense 213 220
Income taxes and related accrued interest receivable 4 4
Other 13 12
Total Other Assets 587 600
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 4,064 3,946
Accumulated depreciation (1,032) (1,021)
Net Property, Plant and Equipment 3,032 2,925
TOTAL ASSETS 3,962 3,844
CURRENT LIABILITIES    
Short-term debt 135 211
Current portion of long-term debt and project funding   100
Accounts payable 27 39
Accrued liabilities 79 74
Accounts payable due to associated companies 20 17
Taxes accrued 3 3
Interest accrued 7 7
Customer deposits 25 24
Other 46 42
Total Current Liabilities 342 517
DEFERRED CREDITS    
Regulatory liabilities 233 225
Deferred income tax liabilities, net 927 893
Investment tax credits 4 4
Other postretirement benefit obligations 20 21
Other 34 35
Total Deferred Credits 1,218 1,178
OTHER LONG-TERM LIABILITIES    
Long-term debt $ 1,171 $ 971
COMMITMENTS AND CONTINGENCIES    
EQUITY    
Common stock    
Premium on stock and other capital contributions $ 612 $ 537
Retained earnings 619 641
Total Equity 1,231 1,178
TOTAL LIABILITIES AND EQUITY 3,962 3,844
Atlantic City Electric Co [Member]    
CURRENT ASSETS    
Cash and cash equivalents 3 2
Restricted cash equivalents 10 10
Accounts receivable, less allowance for uncollectible accounts 215 167
Inventories 26 23
Income taxes and related accrued interest receivable 151 151
Prepaid expenses and other 46 13
Total Current Assets 451 366
OTHER ASSETS    
Regulatory assets 373 427
Prepaid pension expense 90 96
Income taxes and related accrued interest receivable 34 34
Restricted cash equivalents 14 14
Other 10 12
Total Other Assets 521 583
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 3,197 3,073
Accumulated depreciation (779) (760)
Net Property, Plant and Equipment 2,418 2,313
TOTAL ASSETS 3,390 3,262
CURRENT LIABILITIES    
Short-term debt 218 127
Current portion of long-term debt and project funding 60 59
Accounts payable 24 20
Accrued liabilities 136 103
Accounts payable due to associated companies 15 15
Taxes accrued 9 1
Interest accrued 13 13
Customer deposits 22 21
Other 20 22
Total Current Liabilities 517 381
DEFERRED CREDITS    
Regulatory liabilities 17 14
Deferred income tax liabilities, net 875 865
Investment tax credits 5 5
Other postretirement benefit obligations 35 36
Other 17 16
Total Deferred Credits 949 936
OTHER LONG-TERM LIABILITIES    
Long-term debt 888 888
Transition bonds issued by ACE Funding 148 171
Total Other Long-Term Liabilities $ 1,036 $ 1,059
COMMITMENTS AND CONTINGENCIES    
EQUITY    
Common stock $ 26 $ 26
Premium on stock and other capital contributions 651 651
Retained earnings 211 209
Total Equity 888 886
TOTAL LIABILITIES AND EQUITY $ 3,390 $ 3,262