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Consolidated Statements Of Income (Loss) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating Revenue        
Power Delivery $ 1,093 $ 1,149 $ 2,342 $ 2,411
Pepco Energy Services 308 476 681 1,023
Other 8 11 20 21
Total Operating Revenue 1,409 1,636 3,043 3,455
Operating Expenses        
Fuel and purchased energy 809 1,077 1,804 2,364
Other services cost of sales 43 35 86 60
Other operation and maintenance 209 196 443 410
Depreciation and amortization 105 93 210 182
Other taxes 109 105 220 197
Gain on early termination of finance leases held in trust (39)   (39)  
Deferred electric service costs (29) (63) (32) (82)
Total Operating Expenses 1,207 1,443 2,692 3,131
Operating Income 202 193 351 324
Other Income (Expenses)        
Interest expense (63) (89) (125) (172)
Loss from equity investments     (1) (1)
Other income 10 5 20 11
Total Other Expenses (53) (84) (106) (162)
Income from Continuing Operations Before Income Tax Expense 149 109 245 162
Income Tax Expense Related to Continuing Operations 54 33 88 58
Net Income from Continuing Operations 95 76 157 104
(Loss) Income from Discontinued Operations, Net of Income Taxes (1) (130) 1 (122)
Net Income (Loss) 94 (54) 158 (18)
Retained Earnings at Beginning of Period 1,062 1,244 1,059 1,268
Dividends paid (61) (60) (122) (120)
Retained Earnings at End of Period 1,095 1,130 1,095 1,130
Basic and Diluted Share Information        
Weighted average shares outstanding (millions) 226 223 226 223
Earnings per share of common stock from Continuing Operations $ 0.42 $ 0.34 $ 0.69 $ 0.47
(Loss) earnings per share of common stock from Discontinued Operations   $ (0.58) $ 0.01 $ (0.55)
Basic and diluted earnings (loss) per share $ 0.42 $ (0.24) $ 0.70 $ (0.08)
Potomac Electric Power Co [Member]
       
Operating Revenue        
Total Operating Revenue 506 539 1,040 1,091
Operating Expenses        
Purchased energy 218 261 473 576
Other operation and maintenance 100 73 202 161
Depreciation and amortization 42 40 84 78
Other taxes 94 88 186 163
Total Operating Expenses 454 462 945 978
Operating Income 52 77 95 113
Other Income (Expenses)        
Interest and dividend income   1   1
Interest expense (22) (25) (46) (50)
Other income 4 2 10 5
Total Other Expenses (18) (22) (36) (44)
Income Before Income Tax Expense 34 55 59 69
Income Tax Expense Related to Continuing Operations 2 23 9 29
Net Income (Loss) 32 32 50 40
Retained Earnings at Beginning of Period 741 713 723 730
Dividends paid   (25)   (50)
Retained Earnings at End of Period 773 720 773 720
Delmarva Power & Light Co/De [Member]
       
Operating Revenue        
Electric 245 260 543 559
Natural Gas 39 36 141 131
Total Operating Revenue 284 296 684 690
Operating Expenses        
Purchased energy 145 159 327 360
Gas purchased 25 25 96 91
Other operation and maintenance 47 65 112 126
Depreciation and amortization 22 20 44 40
Other taxes 9 8 20 18
Total Operating Expenses 248 277 599 635
Operating Income 36 19 85 55
Other Income (Expenses)        
Interest expense (11) (12) (22) (22)
Other income 2 2 4 3
Total Other Expenses (9) (10) (18) (19)
Income Before Income Tax Expense 27 9 67 36
Income Tax Expense Related to Continuing Operations 5 3 22 16
Net Income (Loss) 22 6 45 20
Retained Earnings at Beginning of Period 517 486 494 472
Dividends paid   (23)   (23)
Retained Earnings at End of Period 539 469 539 469
Atlantic City Electric Co [Member]
       
Operating Revenue        
Total Operating Revenue 304 315 619 632
Operating Expenses        
Purchased energy 196 243 394 478
Other operation and maintenance 51 47 106 97
Depreciation and amortization 33 25 66 49
Other taxes 5 6 11 12
Deferred electric service costs (29) (63) (32) (82)
Total Operating Expenses 256 258 545 554
Operating Income 48 57 74 78
Other Income (Expenses)        
Interest expense (18) (16) (33) (32)
Other income 2 1 2 1
Total Other Expenses (16) (15) (31) (31)
Income Before Income Tax Expense 32 42 43 47
Income Tax Expense Related to Continuing Operations 14 16 19 23
Net Income (Loss) 18 26 24 24
Retained Earnings at Beginning of Period 167 141 161 143
Retained Earnings at End of Period $ 185 $ 167 $ 185 $ 167