XML 59 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Operating Revenue $ 1,362 $ 1,313 $ 3,873 $ 3,760
Operating Expenses        
Fuel and purchased energy 580 545 1,651 1,622
Other services cost of sales 37 54 131 161
Other operation and maintenance 257 242 772 679
Depreciation and amortization 178 145 494 410
Other taxes 114 109 327 315
Deferred electric service costs 13 (1) 34 30
Impairment loss   53   53
Total Operating Expenses 1,179 1,147 3,409 3,270
Operating Income 183 166 464 490
Other Income (Expenses)        
Interest expense (71) (68) (210) (200)
Other income 28 15 49 42
Total Other Expenses (43) (53) (161) (158)
Income Before Income Tax Expense 140 113 303 332
Income Tax Expense 49 34 106 125
Net Income $ 91 $ 79 $ 197 $ 207
Basic and Diluted Share Information        
Weighted average shares outstanding - Basic (millions) 254 252 253 251
Weighted average shares outstanding - Diluted (millions) 254 252 254 252
Basic and Diluted earnings per share $ 0.36 $ 0.31 $ 0.78 $ 0.82
Potomac Electric Power Co [Member]        
Operating Revenue        
Operating Revenue $ 612 $ 587 $ 1,686 $ 1,630
Operating Expenses        
Fuel and purchased energy 213 205 606 612
Other operation and maintenance 112 103 328 287
Depreciation and amortization 74 59 207 171
Other taxes 98 95 284 275
Total Operating Expenses 497 462 1,425 1,345
Operating Income 115 125 261 285
Other Income (Expenses)        
Interest expense (31) (29) (92) (86)
Other income 8 9 21 28
Total Other Expenses (23) (20) (71) (58)
Income Before Income Tax Expense 92 105 190 227
Income Tax Expense 32 38 62 82
Net Income 60 67 128 145
Delmarva Power & Light Co/De [Member]        
Operating Revenue        
Electric 298 289 885 840
Natural gas 19 20 130 145
Operating Revenue 317 309 1,015 985
Operating Expenses        
Fuel and purchased energy 146 140 444 422
Gas purchased 8 9 66 80
Other operation and maintenance 77 71 235 202
Depreciation and amortization 42 33 117 93
Other taxes 12 11 35 32
Total Operating Expenses 285 264 897 829
Operating Income 32 45 118 156
Other Income (Expenses)        
Interest expense (12) (12) (37) (35)
Other income 4 3 9 9
Total Other Expenses (8) (9) (28) (26)
Income Before Income Tax Expense 24 36 90 130
Income Tax Expense 9 13 35 51
Net Income 15 23 55 79
Atlantic City Electric Co [Member]        
Operating Revenue        
Operating Revenue 387 347 1,006 940
Operating Expenses        
Fuel and purchased energy 214 188 535 504
Other operation and maintenance 72 65 209 178
Depreciation and amortization 49 42 135 117
Other taxes 1 1 3 3
Deferred electric service costs 13 (1) 34 30
Total Operating Expenses 349 295 916 832
Operating Income 38 52 90 108
Other Income (Expenses)        
Interest expense (17) (16) (49) (47)
Other income   1 3 2
Total Other Expenses (17) (15) (46) (45)
Income Before Income Tax Expense 21 37 44 63
Income Tax Expense 7 14 16 24
Net Income $ 14 $ 23 $ 28 $ 39