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Quarterly Financial Information (Schedule Of Quarterly Financial Information) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Quarterly Financial Information [Abstract]                      
Total Operating Revenue $ 1,234 $ 1,643 $ 1,409 $ 1,634 $ 1,517 $ 2,067 $ 1,636 $ 1,819 $ 5,920 $ 7,039 $ 7,402
Total Operating Expenses 1,143 1,448 1,207 [1] 1,485 1,429 [2],[3] 1,855 [2],[3] 1,443 [2],[3] 1,688 [2],[3] 5,283 6,415 [2],[3] 6,754
Operating Income 91 195 202 149 88 212 193 131 637 624 648
Other expenses (62) (60) (53) (53) (115) [4] (197) [4] (84) [4] (78) [4] (228) (474) [4] (1)
Income From Continuing Operations Before Income Tax Expense 29 135 149 96 (27) 15 109 53 409 150 327
Income Tax Expense Related to Continuing Operations 6 [5] 55 [5] 54 [5] 34 [5] (41) (6) [6] 33 [7] 25 [8] 149 [5] 11 104
Net Income from Continuing Operations 23 80 95 [1] 62 14 21 76 28 260 139 223
(Loss) Income from Discontinued Operations, net of Income Taxes (4)   (1) 2 19 (4) (130) 8 (3) (107) 12
Net Income (Loss) $ 19 $ 80 $ 94 $ 64 $ 33 $ 17 $ (54) $ 36 $ 257 $ 32 $ 235
Basic and Diluted Share Information                      
Earnings per share of common stock from Continuing Operations $ 0.10 $ 0.35 $ 0.42 $ 0.27 $ 0.06 $ 0.09 $ 0.34 $ 0.13 $ 1.15 $ 0.62 $ 1.01
Basic and diluted (loss) earnings per share of common stock from discontinued operations $ (0.02)     $ 0.01 $ 0.08 $ (0.01) $ (0.58) $ 0.03 $ (0.01) $ (0.48) $ 0.05
Basic and Diluted Earnings Per Share of Common Stock $ 0.08 $ 0.35 $ 0.42 $ 0.28 $ 0.14 $ 0.08 $ (0.24) $ 0.16 $ 1.14 $ 0.14 $ 1.06
Cash Dividends Per Common Share $ 0.27 $ 0.27 $ 0.27 $ 0.27 $ 0.27 $ 0.27 $ 0.27 $ 0.27 $ 1.08 $ 1.08 $ 1.08
[1] Includes $39 million pre-tax ($3 million after-tax) gain from the early termination of cross-border energy leases held in trust.
[2] Includes restructuring charges of $14 million and $16 million in the third and fourth quarters, respectively.
[3] Includes expenses of $2 million and $9 million in the second and third quarters, respectively, related to the effects of Pepco divestiture-related claims.
[4] Includes debt extinguishment costs of $135 million and $54 million in the third and fourth quarters, respectively.
[5] Includes tax benefits of $14 million in the second quarter primarily associated with an interest benefit related to federal tax liabilities and a $22 million reversal of previously recognized tax benefits in the second quarter associated with the early termination of cross-border energy leases held in trust.
[6] Includes state income tax benefits of $13 million and $4 million in the third and fourth quarters, respectively, associated with the loss on extinguishment of debt and a $18 million Federal tax benefit in the fourth quarter related primarily to reversals of previously accrued interest on uncertain and effectively settled tax positions due to the final settlement with the IRS of the 1996-2002 tax years.
[7] Includes state income tax benefits of $8 million resulting from the restructuring of certain PHI subsidiaries.
[8] Includes an $8 million reversal of accrued interest income on uncertain and effectively settled state tax positions and a $4 million reversal of deferred tax assets related to the Medicare Part D subsidy, partially offset by state income tax benefits of $8 million resulting from the planned restructuring of certain PHI subsidiaries.