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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 25 $ 109
Restricted cash equivalents 10 11
Accounts receivable, less allowance for uncollectible accounts 837 929
Inventories 156 132
Derivative assets 1 5
Prepayments of income taxes 59 74
Deferred income tax assets, net 28 59
Prepaid expenses and other 133 120
Total Current Assets 1,249 1,439
Investments and Other Assets    
Goodwill 1,407 1,407
Regulatory assets 2,614 2,196
Investment in finance leases held in trust 1,237 [1] 1,349 [1]
Income taxes receivable 217 84
Restricted cash equivalents 17 15
Assets and accrued interest related to uncertain tax positions 18 37
Derivative assets 8  
Other 163 163
Total Investments and Other Assets 5,681 5,251
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 13,625 12,855
Accumulated depreciation (4,779) (4,635)
Net Property, Plant and Equipment 8,846 8,220
Total Assets 15,776 14,910
CURRENT LIABILITIES    
Short-term debt 965 732
Current portion of long-term debt 569 112
Accounts payable and accrued liabilities 574 549
Capital lease obligations due within one year 8 8
Taxes accrued 75 110
Interest accrued 47 47
Liabilities and accrued interest related to uncertain tax positions 9 3
Derivative liabilities 7 26
Other 273 274
Total Current Liabilities 2,527 1,861
Deferred Credits    
Regulatory liabilities 501 526
Deferred income taxes, net 3,176 2,863
Investment tax credits 20 22
Pension benefit obligation 449 424
Other postretirement benefit obligations 454 469
Liabilities and accrued interest related to uncertain tax positions 15 32
Derivative liabilities 11 6
Other 191 191
Total Deferred Credits 4,817 4,533
LONG-TERM LIABILITIES    
Long-Term Debt 3,648 3,794
Transition bonds issued by ACE Funding 256 295
Long-term project funding 12 13
Capital lease obligations 70 78
Total Long-Term Liabilities 3,986 4,180
COMMITMENTS AND CONTINGENCIES      
Equity    
Common stock 2 2
Premium on stock and other capital contributions 3,383 3,325
Accumulated other comprehensive loss (48) (63)
Retained earnings 1,109 1,072
Total Equity 4,446 4,336
Total Liabilities and Equity 15,776 14,910
Potomac Electric Power Co [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 9 12
Accounts receivable, less allowance for uncollectible accounts 318 339
Inventories 69 50
Prepayments of income taxes 9 7
Deferred income tax assets, net 9 11
Income taxes receivable 31 31
Prepaid expenses and other 25 32
Total Current Assets 461 471
Investments and Other Assets    
Regulatory assets 487 299
Prepaid pension expense 353 289
Investment in trust 31 31
Income taxes receivable 102 24
Other 59 55
Total Investments and Other Assets 1,032 698
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 6,850 6,578
Accumulated depreciation (2,705) (2,704)
Net Property, Plant and Equipment 4,145 3,874
Total Assets 5,638 5,043
CURRENT LIABILITIES    
Short-term debt 231 74
Current portion of long-term debt 200  
Accounts payable and accrued liabilities 214 209
Accounts payable due to associated companies 41 57
Capital lease obligations due within one year 8 8
Taxes accrued 58 63
Interest accrued 17 17
Other 106 110
Total Current Liabilities 875 538
Deferred Credits    
Regulatory liabilities 141 169
Deferred income taxes, net 1,219 1,039
Investment tax credits 4 5
Other postretirement benefit obligations 66 66
Liabilities and accrued interest related to uncertain tax positions 53 38
Other 66 68
Total Deferred Credits 1,549 1,385
LONG-TERM LIABILITIES    
Long-Term Debt 1,501 1,540
Capital lease obligations 70 78
Total Long-Term Liabilities 1,571 1,618
COMMITMENTS AND CONTINGENCIES      
Equity    
Premium on stock and other capital contributions 755 705
Retained earnings 888 797
Total Equity 1,643 1,502
Total Liabilities and Equity 5,638 5,043
Delmarva Power & Light Co/De [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 6 5
Accounts receivable, less allowance for uncollectible accounts 201 186
Inventories 53 44
Prepayments of income taxes 10 14
Deferred income tax assets, net 11 11
Income taxes receivable 10 11
Prepaid expenses and other 20 17
Total Current Assets 300 277
Investments and Other Assets    
Goodwill 8 8
Regulatory assets 288 227
Prepaid pension expense 232 162
Assets and accrued interest related to uncertain tax positions 20  
Other 12 23
Total Investments and Other Assets 560 420
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 3,422 3,188
Accumulated depreciation (1,000) (926)
Net Property, Plant and Equipment 2,422 2,262
Total Assets 3,282 2,959
CURRENT LIABILITIES    
Short-term debt 137 152
Current portion of long-term debt 250 66
Accounts payable and accrued liabilities 125 92
Accounts payable due to associated companies 20 21
Taxes accrued 4 11
Interest accrued 6 6
Derivative liabilities 4 12
Other 61 59
Total Current Liabilities 607 419
Deferred Credits    
Regulatory liabilities 258 297
Deferred income taxes, net 697 615
Investment tax credits 5 6
Other postretirement benefit obligations 22 22
Liabilities and accrued interest related to uncertain tax positions   9
Derivative liabilities   3
Other 41 37
Total Deferred Credits 1,023 989
LONG-TERM LIABILITIES    
Long-Term Debt 667 699
COMMITMENTS AND CONTINGENCIES      
Equity    
Premium on stock and other capital contributions 407 347
Retained earnings 578 505
Total Equity 985 852
Total Liabilities and Equity 3,282 2,959
Atlantic City Electric Co [Member]
   
CURRENT ASSETS    
Cash and cash equivalents 6 91
Restricted cash equivalents 10 11
Accounts receivable, less allowance for uncollectible accounts 192 185
Inventories 30 25
Prepayments of income taxes 27 26
Deferred income tax assets, net 10 9
Income taxes receivable 5 5
Prepaid expenses and other 11 16
Total Current Assets 281 359
Investments and Other Assets    
Regulatory assets 694 662
Prepaid pension expense 88 71
Income taxes receivable 133 61
Restricted cash equivalents 17 15
Assets and accrued interest related to uncertain tax positions 12 42
Derivative assets 8  
Other 12 14
Total Investments and Other Assets 964 865
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 2,771 2,548
Accumulated depreciation (787) (766)
Net Property, Plant and Equipment 1,984 1,782
Total Assets 3,229 3,006
CURRENT LIABILITIES    
Short-term debt 133 23
Current portion of long-term debt 108 37
Accounts payable and accrued liabilities 147 117
Accounts payable due to associated companies 14 14
Taxes accrued 10 10
Interest accrued 15 15
Other 47 45
Total Current Liabilities 474 261
Deferred Credits    
Regulatory liabilities 102 60
Deferred income taxes, net 766 698
Investment tax credits 6 7
Other postretirement benefit obligations 34 31
Derivative liabilities 11  
Other 18 20
Total Deferred Credits 937 816
LONG-TERM LIABILITIES    
Long-Term Debt 760 832
Transition bonds issued by ACE Funding 256 295
Total Long-Term Liabilities 1,016 1,127
COMMITMENTS AND CONTINGENCIES      
Equity    
Common stock 26 26
Premium on stock and other capital contributions 576 576
Retained earnings 200 200
Total Equity 802 802
Total Liabilities and Equity $ 3,229 $ 3,006
[1] Excludes the credit ratings of collateral posted by the lessees in these transactions.