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Statements of Operations and Comprehensive Income (Unaudited) - BGE - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating revenues        
Revenues from alternative revenue programs $ 108 $ 64 $ 513 $ 92
Total operating revenues 5,980 4,845 16,360 14,412
Operating expenses        
Operating and maintenance 1,187 1,148 3,535 3,436
Depreciation and amortization 890 825 2,616 2,472
Taxes other than income taxes 383 377 1,063 1,061
Total operating expenses 4,857 3,834 13,429 11,804
Operating income 1,123 1,011 2,931 2,606
Other income and (deductions)        
Interest expense, net (431) (359) (1,259) (1,044)
Other, net 81 122 331 435
Total other income and (deductions) (356) (243) (946) (628)
Income before income taxes 767 768 1,985 1,978
Income taxes 67 92 274 356
Net income 700 676 1,711 1,739
Comprehensive income 734 685 1,753 1,774
Related Party        
Operating expenses        
Purchased power from affiliate 0 0 0 159
Baltimore Gas and Electric Company        
Operating revenues        
Revenues from alternative revenue programs (22) (8) 47 (40)
Total operating revenues 932 870 2,986 2,810
Operating expenses        
Operating and maintenance 156 185 467 506
Depreciation and amortization 161 148 487 470
Taxes other than income taxes 80 77 239 225
Total operating expenses 835 810 2,503 2,446
Operating income 97 60 483 364
Other income and (deductions)        
Interest expense, net (47) (39) (135) (110)
Other, net 6 5 14 16
Total other income and (deductions) (41) (34) (121) (94)
Income before income taxes 56 26 362 270
Income taxes 11 (7) 76 3
Net income 45 33 286 267
Comprehensive income 45 33 286 267
Baltimore Gas and Electric Company | Related Party        
Operating revenues        
Operating revenues from affiliates 2 3 6 13
Operating expenses        
Purchased power from affiliate 0 0 0 18
Operating and maintenance from affiliates 58 50 165 152
Electricity, US Regulated        
Operating revenues        
Electric operating revenues 5,684 4,557 14,579 12,972
Operating expenses        
Purchased power and/or fuel 2,364 1,404 5,766 4,152
Electricity, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric operating revenues 856 761 2,306 2,138
Operating expenses        
Purchased power and/or fuel 371 320 975 846
Natural Gas, US Regulated        
Operating revenues        
Electric operating revenues 188 224 1,268 1,348
Operating expenses        
Purchased power and/or fuel 33 80 449 524
Natural Gas, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric operating revenues 96 114 627 699
Operating expenses        
Purchased power and/or fuel $ 9 $ 30 $ 170 $ 229