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Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Revenue    
Power Delivery $ 1,055 $ 1,249
Pepco Energy Services 228 373
Other 9 12
Total Operating Revenue 1,292 1,634
Operating Expenses    
Fuel and purchased energy 684 995
Other services cost of sales 45 43
Other operation and maintenance 225 234
Depreciation and amortization 110 105
Other taxes 104 111
Deferred electric service costs (15) (3)
Total Operating Expenses 1,153 [1] 1,485 [2]
Operating Income 139 149
Other Income (Expenses)    
Interest expense (65) (62)
Loss from equity investments   (1)
Other income 8 10
Total Other Expenses (57) (53)
Income from Continuing Operations Before Income Tax Expense 82 96
Income Tax Expense Related to Continuing Operations 14 34
Net Income from Continuing Operations 68 62
Income Tax (Benefit) Expense 14 34
Income from Discontinued Operations, net of Income Taxes   2
Net Income 68 64
Basic and Diluted Earnings per Share Information    
Weighted average shares outstanding (millions) 228 225
Earnings per share of common stock from Continuing Operations $ 0.30 $ 0.27
Earnings per share of common stock from Discontinued Operations   $ 0.01
Basic and diluted earnings per share $ 0.30 $ 0.28
Potomac Electric Power Co [Member]
   
Operating Revenue    
Total Operating Revenue 465 534
Operating Expenses    
Purchased energy 185 255
Other operation and maintenance 103 102
Depreciation and amortization 47 42
Other taxes 90 92
Total Operating Expenses 425 491
Operating Income 40 43
Other Income (Expenses)    
Interest expense (25) (24)
Other income 4 6
Total Other Expenses (21) (18)
Income from Continuing Operations Before Income Tax Expense 19 25
Income Tax (Benefit) Expense (5) 7
Net Income 24 18
Delmarva Power & Light Co/De [Member]
   
Operating Revenue    
Electric 259 298
Natural Gas 74 102
Total Operating Revenue 333 400
Operating Expenses    
Purchased energy 143 182
Gas purchased 49 71
Other operation and maintenance 65 65
Depreciation and amortization 24 22
Other taxes 9 11
Total Operating Expenses 290 351
Operating Income 43 49
Other Income (Expenses)    
Interest expense (11) (11)
Other income 3 2
Total Other Expenses (8) (9)
Income from Continuing Operations Before Income Tax Expense 35 40
Income Tax (Benefit) Expense 14 17
Net Income 21 23
Atlantic City Electric Co [Member]
   
Operating Revenue    
Total Operating Revenue 256 315
Operating Expenses    
Purchased energy 166 198
Other operation and maintenance 56 55
Depreciation and amortization 28 33
Other taxes 4 6
Deferred electric service costs (15) (3)
Total Operating Expenses 239 289
Operating Income 17 26
Other Income (Expenses)    
Interest expense (17) (15)
Other income 1   
Total Other Expenses (16) (15)
Income from Continuing Operations Before Income Tax Expense 1 11
Income Tax (Benefit) Expense (1) 5
Net Income $ 2 $ 6
[1] Includes depreciation and amortization expense of $110 million, consisting of $99 million for Power Delivery, $6 million for Pepco Energy Services, $1 million for Other Non-Regulated and $4 million for Corporate and Other.
[2] Includes depreciation and amortization expense of $105 million, consisting of $97 million for Power Delivery, $4 million for Pepco Energy Services and $4 million for Corporate and Other.