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Balance Sheets (Unaudited) - Pepco - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 300 $ 407
Restricted cash and cash equivalents 435 566
Accounts receivable    
Customer accounts receivable 2,575 2,544
Customer allowance for credit losses (341) (327)
Customer accounts receivable, net 2,234 2,217
Other accounts receivable 1,168 1,426
Other allowance for credit losses (88) (82)
Other accounts receivable, net 1,080 1,344
Inventories, net    
Regulatory assets 2,307 1,641
Other 401 406
Total current assets 7,519 7,336
Property, plant and equipment, net 72,458 69,076
Deferred debits and other assets    
Regulatory assets 8,128 8,037
Investments 246 232
Other 1,355 1,141
Total deferred debits and other assets 19,282 18,937
Total assets 99,259 95,349
Current liabilities    
Short-term borrowings 1,720 2,586
Long-term debt due within one year 1,654 1,802
Accrued expenses 1,315 1,226
Regulatory liabilities 437 437
Other 933 1,155
Total current liabilities 8,800 10,611
Long-term debt 39,431 35,272
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 11,792 11,250
Regulatory liabilities 9,236 9,112
Asset retirement obligations 269 269
Pension obligations 1,085 1,109
Non-pension postretirement benefit obligations 515 507
Mark-to-market derivative liabilities 113 83
Unamortized energy contract liabilities 29 35
Other 2,129 1,967
Total deferred credits and other liabilities 25,168 24,332
Total liabilities 73,789 70,605
Commitments and contingencies
Shareholders’ equity    
Common stock 20,956 20,908
Retained earnings 5,233 4,597
Total shareholders’ equity 25,470 24,744
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 99,259 95,349
Related Party    
Current liabilities    
Accounts payable 5 5
Nonrelated Party    
Current liabilities    
Accounts payable 2,684 3,382
Potomac Electric Power Company    
Current assets    
Cash and cash equivalents 31 45
Restricted cash and cash equivalents 25 54
Accounts receivable    
Customer accounts receivable 414 351
Customer allowance for credit losses (56) (47)
Customer accounts receivable, net 358 304
Other accounts receivable 189 180
Other allowance for credit losses (29) (25)
Other accounts receivable, net 160 155
Inventories, net    
Inventories, net 147 135
Regulatory assets 187 235
Other 16 53
Total current assets 931 981
Property, plant and equipment, net 9,274 8,794
Deferred debits and other assets    
Regulatory assets 422 437
Investments 124 119
Prepaid pension asset 252 273
Total deferred debits and other assets 856 882
Total assets 11,061 10,657
Current liabilities    
Short-term borrowings 0 299
Long-term debt due within one year 405 4
Accrued expenses 163 125
Customer deposits 45 39
Regulatory liabilities 24 6
Merger related obligation 26 26
Total current liabilities 1,090 1,008
Long-term debt 3,690 3,747
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,456 1,382
Regulatory liabilities 394 455
Asset retirement obligations 36 39
Other 256 244
Total deferred credits and other liabilities 2,142 2,120
Total liabilities 6,922 6,875
Commitments and contingencies
Shareholders’ equity    
Common stock 3,075 2,767
Retained earnings 1,064 1,015
Total shareholders’ equity 4,139 3,782
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 11,061 10,657
Potomac Electric Power Company | Related Party    
Accounts receivable    
Receivables from affiliates 0 0
Receivable from Exelon/PHI intercompany money pool 7 0
Current liabilities    
Accounts payable 32 34
Potomac Electric Power Company | Nonrelated Party    
Deferred debits and other assets    
Other 58 53
Current liabilities    
Accounts payable 346 382
Other $ 49 $ 93