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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash and cash equivalents $ 109 $ 20
Restricted cash equivalents 11 11
Accounts receivable, less allowance for uncollectible accounts 929 1,027
Inventories 132 126
Derivative assets 5 45
Prepayments of income taxes 74 276
Deferred income tax assets, net 59 90
Prepaid expenses and other 120 51
Conectiv Energy assets held for sale   111
Total Current Assets 1,439 1,757
INVESTMENTS AND OTHER ASSETS    
Goodwill 1,407 1,407
Regulatory assets 2,196 1,915
Investment in finance leases held in trust 1,349 [1] 1,423 [1]
Income taxes receivable 84 114
Restricted cash equivalents 15 5
Assets and accrued interest related to uncertain tax positions 37 11
Other 163 169
Conectiv Energy assets held for sale   6
Total Investments and Other Assets 5,251 5,050
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 12,855 12,120
Accumulated depreciation (4,635) (4,447)
Net Property, Plant and Equipment 8,220 7,673
TOTAL ASSETS 14,910 14,480
CURRENT LIABILITIES    
Short-term debt 732 534
Current portion of long-term debt and project funding 112 75
Accounts payable and accrued liabilities 549 587
Capital lease obligations due within one year 8 8
Taxes accrued 110 96
Interest accrued 47 45
Liabilities and accrued interest related to uncertain tax positions 3 3
Derivative liabilities 26 66
Other 274 321
Liabilities associated with Conectiv Energy assets held for sale   62
Total Current Liabilities 1,861 1,797
DEFERRED CREDITS    
Regulatory liabilities 526 528
Deferred income taxes, net 2,863 2,714
Investment tax credits 22 26
Pension benefit obligation 424 332
Other postretirement benefit obligations 469 429
Income taxes payable   2
Liabilities and accrued interest related to uncertain tax positions 32 148
Derivative liabilities 6 21
Other 191 175
Liabilities associated with Conectiv Energy assets held for sale   10
Total Deferred Credits 4,533 4,385
LONG-TERM LIABILITIES    
Long-term debt 3,794 3,629
Transition bonds issued by ACE Funding 295 332
Long-term project funding 13 15
Capital lease obligations 78 86
Total Long-Term Liabilities 4,180 4,062
COMMITMENTS AND CONTINGENCIES      
EQUITY    
Common stock 2 2
Premium on stock and other capital contributions 3,325 3,275
Accumulated other comprehensive loss (63) (106)
Retained earnings 1,072 1,059
Total Shareholders' Equity 4,336 4,230
Non-controlling interest   6
Total Equity 4,336 4,236
TOTAL LIABILITIES AND EQUITY 14,910 14,480
Potomac Electric Power Co [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 12 88
Accounts receivable, less allowance for uncollectible accounts 339 373
Inventories 50 44
Prepayments of income taxes 7 95
Income taxes receivable 31 37
Prepaid expenses and other 32 34
Total Current Assets 471 671
INVESTMENTS AND OTHER ASSETS    
Regulatory assets 299 191
Prepaid pension expense 289 274
Investment in trust 31 25
Income taxes receivable 24 34
Other 55 57
Total Investments and Other Assets 698 581
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 6,578 6,185
Accumulated depreciation (2,704) (2,609)
Net Property, Plant and Equipment 3,874 3,576
TOTAL ASSETS 5,043 4,828
CURRENT LIABILITIES    
Short-term debt 74  
Accounts payable and accrued liabilities 209 194
Accounts payable due to associated companies 57 75
Capital lease obligations due within one year 8 8
Taxes accrued 63 62
Interest accrued 17 18
Other 110 119
Total Current Liabilities 538 476
DEFERRED CREDITS    
Regulatory liabilities 169 147
Deferred income taxes, net 1,039 958
Investment tax credits 5 7
Other postretirement benefit obligations 66 67
Income taxes payable   3
Liabilities and accrued interest related to uncertain tax positions 38 52
Other 68 64
Total Deferred Credits 1,385 1,298
LONG-TERM LIABILITIES    
Long-term debt 1,540 1,540
Capital lease obligations 78 86
Total Long-Term Liabilities 1,618 1,626
COMMITMENTS AND CONTINGENCIES      
EQUITY    
Premium on stock and other capital contributions 705 705
Retained earnings 797 723
Total Shareholders' Equity 1,502 1,428
TOTAL LIABILITIES AND EQUITY 5,043 4,828
Delmarva Power & Light Co/De [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 5 69
Accounts receivable, less allowance for uncollectible accounts 186 212
Inventories 44 41
Prepayments of income taxes 14 62
Prepaid expenses and other 28 22
Total Current Assets 277 406
INVESTMENTS AND OTHER ASSETS    
Goodwill 8 8
Regulatory assets 227 242
Prepaid pension expense 162 139
Other 23 21
Total Investments and Other Assets 420 410
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 3,188 3,000
Accumulated depreciation (926) (901)
Net Property, Plant and Equipment 2,262 2,099
TOTAL ASSETS 2,959 2,915
CURRENT LIABILITIES    
Short-term debt 152 105
Current portion of long-term debt and project funding 66 35
Accounts payable and accrued liabilities 92 98
Accounts payable due to associated companies 21 34
Taxes accrued 11 6
Interest accrued 6 7
Derivative liabilities 12 15
Other 59 73
Total Current Liabilities 419 373
DEFERRED CREDITS    
Regulatory liabilities 297 310
Deferred income taxes, net 615 561
Investment tax credits 6 7
Other postretirement benefit obligations 22 22
Liabilities and accrued interest related to uncertain tax positions 9 24
Derivative liabilities 3 8
Other 37 39
Total Deferred Credits 989 971
LONG-TERM LIABILITIES    
Long-term debt 699 730
COMMITMENTS AND CONTINGENCIES      
EQUITY    
Premium on stock and other capital contributions 347 347
Retained earnings 505 494
Total Shareholders' Equity 852 841
TOTAL LIABILITIES AND EQUITY 2,959 2,915
Atlantic City Electric Co [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 91 4
Restricted cash equivalents 11 11
Accounts receivable, less allowance for uncollectible accounts 185 212
Inventories 25 17
Prepayments of income taxes 26 55
Income taxes receivable 5 25
Prepaid expenses and other 16 9
Total Current Assets 359 333
INVESTMENTS AND OTHER ASSETS    
Regulatory assets 662 667
Prepaid pension expense 71 51
Income taxes receivable 61 59
Restricted cash equivalents 15 5
Assets and accrued interest related to uncertain tax positions 42 38
Other 14 11
Total Investments and Other Assets 865 831
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 2,548 2,443
Accumulated depreciation (766) (729)
Net Property, Plant and Equipment 1,782 1,714
TOTAL ASSETS 3,006 2,878
CURRENT LIABILITIES    
Short-term debt 23 181
Current portion of long-term debt and project funding 37 35
Accounts payable and accrued liabilities 117 120
Accounts payable due to associated companies 14 29
Taxes accrued 10 7
Interest accrued 15 13
Other 45 41
Total Current Liabilities 261 426
DEFERRED CREDITS    
Regulatory liabilities 60 71
Deferred income taxes, net 698 659
Investment tax credits 7 8
Other postretirement benefit obligations 31 27
Other 20 13
Total Deferred Credits 816 778
LONG-TERM LIABILITIES    
Long-term debt 832 633
Transition bonds issued by ACE Funding 295 332
Total Long-Term Liabilities 1,127 965
COMMITMENTS AND CONTINGENCIES      
REDEEMABLE SERIAL PREFERRED STOCK   6
EQUITY    
Common stock 26 26
Premium on stock and other capital contributions 576 516
Retained earnings 200 161
Total Shareholders' Equity 802 703
TOTAL LIABILITIES AND EQUITY $ 3,006 $ 2,878
[1] Excludes the credit ratings of collateral posted by the lessees in these transactions.