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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating Revenue $ 1,140 $ 1,117 $ 2,511 $ 2,447
Operating Expenses        
Fuel and purchased energy 452 463 1,071 1,077
Other services cost of sales 49 61 94 107
Other operation and maintenance 248 221 515 437
Depreciation and amortization 157 132 316 265
Other taxes 104 102 213 206
Deferred electric service costs (9) (13) 21 31
Total Operating Expenses 1,001 966 2,230 2,123
Operating Income 139 151 281 324
Other Income (Expenses)        
Interest and dividend income   1   1
Interest expense (71) (67) (139) (132)
Other income 12 13 21 26
Total Other Expenses (59) (53) (118) (105)
Income Before Income Tax Expense 80 98 163 219
Income Tax Expense 27 45 57 91
Net Income $ 53 $ 53 $ 106 $ 128
Basic and Diluted Share Information        
Weighted average shares outstanding - Basic (millions) 253 251 253 251
Weighted average shares outstanding - Diluted (millions) 254 252 254 251
Basic and Diluted earnings per share $ 0.21 $ 0.21 $ 0.42 $ 0.51
Potomac Electric Power Co [Member]        
Operating Revenue        
Operating Revenue $ 518 $ 508 $ 1,074 $ 1,043
Operating Expenses        
Fuel and purchased energy 172 177 393 407
Other operation and maintenance 103 91 216 184
Depreciation and amortization 68 56 133 112
Other taxes 92 90 186 180
Total Operating Expenses 435 414 928 883
Operating Income 83 94 146 160
Other Income (Expenses)        
Interest expense (31) (30) (61) (57)
Other income 8 10 13 19
Total Other Expenses (23) (20) (48) (38)
Income Before Income Tax Expense 60 74 98 122
Income Tax Expense 18 28 30 44
Net Income 42 46 68 78
Delmarva Power & Light Co/De [Member]        
Operating Revenue        
Electric 250 251 587 551
Natural gas 25 28 111 125
Operating Revenue 275 279 698 676
Operating Expenses        
Fuel and purchased energy 117 121 298 282
Gas purchased 11 13 58 71
Other operation and maintenance 76 65 158 131
Depreciation and amortization 36 30 75 60
Other taxes 11 10 23 21
Total Operating Expenses 251 239 612 565
Operating Income 24 40 86 111
Other Income (Expenses)        
Interest expense (13) (12) (25) (23)
Other income 2 4 5 6
Total Other Expenses (11) (8) (20) (17)
Income Before Income Tax Expense 13 32 66 94
Income Tax Expense 5 13 26 38
Net Income 8 19 40 56
Atlantic City Electric Co [Member]        
Operating Revenue        
Operating Revenue 286 253 619 593
Operating Expenses        
Fuel and purchased energy 152 151 321 316
Other operation and maintenance 67 52 137 113
Depreciation and amortization 43 37 86 75
Other taxes 1 1 2 2
Deferred electric service costs (9) (13) 21 31
Total Operating Expenses 254 228 567 537
Operating Income 32 25 52 56
Other Income (Expenses)        
Interest expense (17) (16) (32) (31)
Other income 2 1 3 1
Total Other Expenses (15) (15) (29) (30)
Income Before Income Tax Expense 17 10 23 26
Income Tax Expense 7 4 9 10
Net Income $ 10 $ 6 $ 14 $ 16