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Consolidated Balance Sheets (USD $)
In Millions
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash and cash equivalents $ 58 $ 20
Restricted cash equivalents 11 11
Accounts receivable, less allowance for uncollectible accounts 958 1,027
Inventories 130 126
Derivative assets 22 45
Prepayments of income taxes 98 276
Deferred income tax assets, net 89 90
Prepaid expenses and other 128 51
Conectiv Energy assets held for sale 4 111
Total Current Assets 1,498 1,757
INVESTMENTS AND OTHER ASSETS    
Goodwill 1,407 1,407
Regulatory assets 1,848 1,915
Investment in finance leases held in trust 1,329 1,423
Income taxes receivable 89 114
Restricted cash equivalents 9 5
Assets and accrued interest related to uncertain tax positions 9 11
Other 170 169
Conectiv Energy assets held for sale 1 6
Total Investments and Other Assets 4,862 5,050
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 12,431 12,120
Accumulated depreciation (4,553) (4,447)
Net Property, Plant and Equipment 7,878 7,673
TOTAL ASSETS 14,238 14,480
CURRENT LIABILITIES    
Short-term debt 395 534
Current portion of long-term debt and project funding 111 75
Accounts payable and accrued liabilities 553 587
Capital lease obligations due within one year 8 8
Taxes accrued 143 96
Interest accrued 47 45
Liabilities and accrued interest related to uncertain tax positions 3 3
Derivative liabilities 47 66
Other 254 321
Liabilities associated with Conectiv Energy assets held for sale 3 62
Total Current Liabilities 1,564 1,797
DEFERRED CREDITS    
Regulatory liabilities 525 528
Deferred income taxes, net 2,749 2,714
Investment tax credits 23 26
Pension benefit obligation 214 332
Other postretirement benefit obligations 412 429
Income taxes payable   2
Liabilities and accrued interest related to uncertain tax positions 41 148
Derivative liabilities 9 21
Other 180 175
Liabilities associated with Conectiv Energy assets held for sale   10
Total Deferred Credits 4,153 4,385
LONG-TERM LIABILITIES    
Long-term debt 3,795 3,629
Transition bonds issued by ACE Funding 314 332
Long-term project funding 14 15
Capital lease obligations 82 86
Total Long-Term Liabilities 4,205 4,062
COMMITMENTS AND CONTINGENCIES    
EQUITY    
Common stock 2 2
Premium on stock and other capital contributions 3,299 3,275
Accumulated other comprehensive loss (80) (106)
Retained earnings 1,095 1,059
Total Shareholders' Equity 4,316 4,230
Non-controlling interest   6
Total Equity 4,316 4,236
TOTAL LIABILITIES AND EQUITY 14,238 14,480
Potomac Electric Power Co [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 58 88
Accounts receivable, less allowance for uncollectible accounts 378 373
Inventories 51 44
Prepayments of income taxes 27 95
Income taxes receivable 35 37
Prepaid expenses and other 51 34
Total Current Assets 600 671
INVESTMENTS AND OTHER ASSETS    
Regulatory assets 223 191
Prepaid pension expense 305 274
Investment in trust 29 25
Income taxes receivable 25 34
Other 57 57
Total Investments and Other Assets 639 581
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 6,353 6,185
Accumulated depreciation (2,666) (2,609)
Net Property, Plant and Equipment 3,687 3,576
TOTAL ASSETS 4,926 4,828
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 207 194
Accounts payable due to associated companies 64 75
Capital lease obligations due within one year 8 8
Taxes accrued 64 62
Interest accrued 17 18
Other 106 119
Total Current Liabilities 466 476
DEFERRED CREDITS    
Regulatory liabilities 161 147
Deferred income taxes, net 1,006 958
Investment tax credits 6 7
Other postretirement benefit obligations 68 67
Income taxes payable   3
Liabilities and accrued interest related to uncertain tax positions 54 52
Other 65 64
Total Deferred Credits 1,360 1,298
LONG-TERM LIABILITIES    
Long-term debt 1,540 1,540
Capital lease obligations 82 86
Total Long-Term Liabilities 1,622 1,626
COMMITMENTS AND CONTINGENCIES    
EQUITY    
Premium on stock and other capital contributions 705 705
Retained earnings 773 723
Total Equity 1,478 1,428
TOTAL LIABILITIES AND EQUITY 4,926 4,828
Delmarva Power & Light Co/De [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 50 69
Accounts receivable, less allowance for uncollectible accounts 184 212
Inventories 39 41
Prepayments of income taxes 34 62
Prepaid expenses and other 24 22
Total Current Assets 331 406
INVESTMENTS AND OTHER ASSETS    
Goodwill 8 8
Regulatory assets 217 242
Prepaid pension expense 171 139
Other 22 21
Total Investments and Other Assets 418 410
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 3,079 3,000
Accumulated depreciation (915) (901)
Net Property, Plant and Equipment 2,164 2,099
TOTAL ASSETS 2,913 2,915
CURRENT LIABILITIES    
Short-term debt 105 105
Current portion of long-term debt and project funding 66 35
Accounts payable and accrued liabilities 90 98
Accounts payable due to associated companies 16 34
Taxes accrued 12 6
Interest accrued 6 7
Derivative liabilities 12 15
Other 61 73
Total Current Liabilities 368 373
DEFERRED CREDITS    
Regulatory liabilities 304 310
Deferred income taxes, net 562 561
Investment tax credits 6 7
Other postretirement benefit obligations 26 22
Liabilities and accrued interest related to uncertain tax positions 22 24
Derivative liabilities 5 8
Other 35 39
Total Deferred Credits 960 971
LONG-TERM LIABILITIES    
Long-term debt 699 730
COMMITMENTS AND CONTINGENCIES    
EQUITY    
Premium on stock and other capital contributions 347 347
Retained earnings 539 494
Total Equity 886 841
TOTAL LIABILITIES AND EQUITY 2,913 2,915
Atlantic City Electric Co [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 4 4
Restricted cash equivalents 11 11
Accounts receivable, less allowance for uncollectible accounts 211 212
Inventories 18 17
Prepayments of income taxes 51 55
Income taxes receivable 11 25
Prepaid expenses and other 65 9
Total Current Assets 371 333
INVESTMENTS AND OTHER ASSETS    
Regulatory assets 654 667
Prepaid pension expense 76 51
Income taxes receivable 64 59
Restricted cash equivalents 9 5
Assets and accrued interest related to uncertain tax positions 39 38
Other 12 11
Total Investments and Other Assets 854 831
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 2,486 2,443
Accumulated depreciation (747) (729)
Net Property, Plant and Equipment 1,739 1,714
TOTAL ASSETS 2,964 2,878
CURRENT LIABILITIES    
Short-term debt 48 181
Current portion of long-term debt and project funding 36 35
Accounts payable and accrued liabilities 132 120
Accounts payable due to associated companies 11 29
Taxes accrued 12 7
Interest accrued 15 13
Other 42 41
Total Current Liabilities 296 426
DEFERRED CREDITS    
Regulatory liabilities 60 71
Deferred income taxes, net 681 659
Investment tax credits 8 8
Other postretirement benefit obligations 29 27
Other 16 13
Total Deferred Credits 794 778
LONG-TERM LIABILITIES    
Long-term debt 833 633
Transition bonds issued by ACE Funding 314 332
Total Long-Term Liabilities 1,147 965
COMMITMENTS AND CONTINGENCIES    
REDEEMABLE SERIAL PREFERRED STOCK   6
EQUITY    
Common stock 26 26
Premium on stock and other capital contributions 516 516
Retained earnings 185 161
Total Equity 727 703
TOTAL LIABILITIES AND EQUITY $ 2,964 $ 2,878