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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 64 $ 109
Restricted cash equivalents 10 11
Accounts receivable, less allowance for uncollectible accounts 843 929
Inventories 129 132
Derivative assets 6 5
Prepayments of income taxes 131 74
Deferred income tax assets, net 43 59
Prepaid expenses and other 122 120
Total Current Assets 1,348 1,439
INVESTMENTS AND OTHER ASSETS    
Goodwill 1,407 1,407
Regulatory assets 2,215 2,196
Investment in finance leases held in trust 1,362 1,349
Income taxes receivable 217 84
Restricted cash equivalents 15 15
Assets and accrued interest related to uncertain tax positions 60 37
Other 165 163
Total Investments and Other Assets 5,441 5,251
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 13,080 12,855
Accumulated depreciation (4,681) (4,635)
Net Property, Plant and Equipment 8,399 8,220
TOTAL ASSETS 15,188 14,910
CURRENT LIABILITIES    
Short-term debt 986 732
Current portion of long-term debt and project funding 114 112
Accounts payable and accrued liabilities 522 549
Capital lease obligations due within one year 8 8
Taxes accrued 99 110
Interest accrued 79 47
Liabilities and accrued interest related to uncertain tax positions 3 3
Derivative liabilities 25 26
Other 259 274
Total Current Liabilities 2,095 1,861
DEFERRED CREDITS    
Regulatory liabilities 526 526
Deferred income taxes, net 3,119 2,863
Investment tax credits 22 22
Pension benefit obligation 232 424
Other postretirement benefit obligations 467 469
Liabilities and accrued interest related to uncertain tax positions 10 32
Derivative liabilities 2 6
Other 179 191
Total Deferred Credits 4,557 4,533
LONG-TERM LIABILITIES    
Long-term debt 3,794 3,794
Transition bonds issued by ACE Funding 285 295
Long-term project funding 13 13
Capital lease obligations 78 78
Total Long-Term Liabilities 4,170 4,180
COMMITMENTS AND CONTINGENCIES      
EQUITY    
Common stock 2 2
Premium on stock and other capital contributions 3,340 3,325
Accumulated other comprehensive loss (55) (63)
Retained earnings 1,079 1,072
Total Equity 4,366 4,336
TOTAL LIABILITIES AND EQUITY 15,188 14,910
Potomac Electric Power Co [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 7 12
Accounts receivable, less allowance for uncollectible accounts 305 339
Inventories 54 50
Prepayments of income taxes 18 7
Income taxes receivable 31 31
Prepaid expenses and other 29 32
Total Current Assets 444 471
INVESTMENTS AND OTHER ASSETS    
Regulatory assets 332 299
Prepaid pension expense 368 289
Investment in trust 30 31
Income taxes receivable 103 24
Other 63 55
Total Investments and Other Assets 896 698
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 6,691 6,578
Accumulated depreciation (2,722) (2,704)
Net Property, Plant and Equipment 3,969 3,874
TOTAL ASSETS 5,309 5,043
CURRENT LIABILITIES    
Short-term debt 204 74
Accounts payable and accrued liabilities 200 209
Accounts payable due to associated companies 64 57
Capital lease obligations due within one year 8 8
Taxes accrued 51 63
Interest accrued 36 17
Other 111 110
Total Current Liabilities 674 538
DEFERRED CREDITS    
Regulatory liabilities 173 169
Deferred income taxes, net 1,173 1,039
Investment tax credits 5 5
Other postretirement benefit obligations 67 66
Liabilities and accrued interest related to uncertain tax positions 5 38
Other 68 68
Total Deferred Credits 1,491 1,385
LONG-TERM LIABILITIES    
Long-term debt 1,540 1,540
Capital lease obligations 78 78
Total Long-Term Liabilities 1,618 1,618
COMMITMENTS AND CONTINGENCIES      
EQUITY    
Common stock      
Premium on stock and other capital contributions 705 705
Retained earnings 821 797
Total Equity 1,526 1,502
TOTAL LIABILITIES AND EQUITY 5,309 5,043
Delmarva Power & Light Co/De [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 4 5
Accounts receivable, less allowance for uncollectible accounts 170 186
Inventories 40 44
Prepayments of income taxes 32 14
Income taxes receivable 10 11
Prepaid expenses and other 14 17
Total Current Assets 270 277
INVESTMENTS AND OTHER ASSETS    
Goodwill 8 8
Regulatory assets 222 227
Prepaid pension expense 243 162
Other 26 23
Total Investments and Other Assets 499 420
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 3,249 3,188
Accumulated depreciation (936) (926)
Net Property, Plant and Equipment 2,313 2,262
TOTAL ASSETS 3,082 2,959
CURRENT LIABILITIES    
Short-term debt 238 152
Current portion of long-term debt and project funding 66 66
Accounts payable and accrued liabilities 84 92
Accounts payable due to associated companies 18 21
Taxes accrued 7 11
Interest accrued 12 6
Derivative liabilities 12 12
Other 59 59
Total Current Liabilities 496 419
DEFERRED CREDITS    
Regulatory liabilities 292 297
Deferred income taxes, net 655 615
Investment tax credits 6 6
Other postretirement benefit obligations 23 22
Liabilities and accrued interest related to uncertain tax positions   9
Derivative liabilities   3
Other 38 37
Total Deferred Credits 1,014 989
LONG-TERM LIABILITIES    
Total Long-Term Liabilities 699 699
COMMITMENTS AND CONTINGENCIES      
EQUITY    
Common stock      
Premium on stock and other capital contributions 347 347
Retained earnings 526 505
Total Equity 873 852
TOTAL LIABILITIES AND EQUITY 3,082 2,959
Atlantic City Electric Co [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 49 91
Restricted cash equivalents 10 11
Accounts receivable, less allowance for uncollectible accounts 168 185
Inventories 25 25
Prepayments of income taxes 45 26
Income taxes receivable 5 5
Prepaid expenses and other 9 16
Total Current Assets 311 359
INVESTMENTS AND OTHER ASSETS    
Regulatory assets 670 662
Prepaid pension expense 99 71
Income taxes receivable 133 61
Restricted cash equivalents 15 15
Assets and accrued interest related to uncertain tax positions 22 42
Other 12 14
Total Investments and Other Assets 951 865
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 2,592 2,548
Accumulated depreciation (772) (766)
Net Property, Plant and Equipment 1,820 1,782
TOTAL ASSETS 3,082 3,006
CURRENT LIABILITIES    
Short-term debt 23 23
Current portion of long-term debt and project funding 38 37
Accounts payable and accrued liabilities 122 117
Accounts payable due to associated companies 14 14
Taxes accrued 17 10
Interest accrued 21 15
Other 41 45
Total Current Liabilities 276 261
DEFERRED CREDITS    
Regulatory liabilities 62 60
Deferred income taxes, net 768 698
Investment tax credits 7 7
Other postretirement benefit obligations 31 31
Other 16 20
Total Deferred Credits 884 816
LONG-TERM LIABILITIES    
Long-term debt 833 832
Transition bonds issued by ACE Funding 285 295
Total Long-Term Liabilities 1,118 1,127
COMMITMENTS AND CONTINGENCIES      
EQUITY    
Common stock 26 26
Premium on stock and other capital contributions 576 576
Retained earnings 202 200
Total Equity 804 802
TOTAL LIABILITIES AND EQUITY $ 3,082 $ 3,006