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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 271 $ 14
Restricted cash equivalents 18 25
Accounts receivable, less allowance for uncollectible accounts 947 782
Inventories 142 141
Deferred income tax assets, net 70 50
Income taxes and related accrued interest receivable 11 9
Prepaid expenses and other 87 63
Total Current Assets 1,546 1,084
OTHER ASSETS    
Goodwill 1,406 1,407
Regulatory assets 2,294 2,409
Income taxes and related accrued interest receivable 81 81
Restricted cash equivalents 15 14
Other 178 166
Total Other Assets 3,974 4,077
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 15,989 15,465
Accumulated depreciation (4,952) (4,959)
Net Property, Plant and Equipment 11,037 10,506
TOTAL ASSETS 16,557 15,667
CURRENT LIABILITIES    
Short-term debt 1,128 729
Current portion of long-term debt and project funding 300 431
Accounts payable 205 174
Accrued liabilities 300 313
Capital lease obligations due within one year 11 10
Taxes accrued 40 41
Interest accrued 76 47
Liabilities and accrued interest related to uncertain tax positions 6 6
Other 274 314
Total Current Liabilities 2,340 2,065
DEFERRED CREDITS    
Regulatory liabilities 348 343
Deferred income tax liabilities, net 3,415 3,266
Investment tax credits 14 16
Pension benefit obligation 443 396
Other postretirement benefit obligations 236 265
Liabilities and accrued interest related to uncertain tax positions 2 2
Other 196 193
Total Deferred Credits 4,654 4,481
OTHER LONG-TERM LIABILITIES    
Long-term debt 4,845 4,441
Transition bonds issued by ACE Funding 138 171
Long-term project funding 4 8
Capital lease obligations 45 50
Total Other Long-Term Liabilities $ 5,032 $ 4,670
COMMITMENTS AND CONTINGENCIES
PREFERRED STOCK    
Series A preferred stock, $.01 par value, 18,000 shares authorized, 18,000 and 12,600 shares outstanding, respectively $ 183 $ 129
EQUITY    
Common stock 3 3
Premium on stock and other capital contributions 3,830 3,800
Accumulated other comprehensive loss (41) (46)
Retained earnings 556 565
Total Equity 4,348 4,322
TOTAL LIABILITIES AND EQUITY 16,557 15,667
Potomac Electric Power Co [Member]    
CURRENT ASSETS    
Cash and cash equivalents 10 6
Restricted cash equivalents 2 5
Accounts receivable, less allowance for uncollectible accounts 418 315
Inventories 67 62
Deferred income tax assets, net 6 14
Income taxes and related accrued interest receivable 95 94
Prepaid expenses and other 24 21
Total Current Assets 622 517
OTHER ASSETS    
Regulatory assets 695 697
Prepaid pension expense 298 316
Investment in trust 26 34
Income taxes and related accrued interest receivable 30 30
Other 73 71
Total Other Assets 1,122 1,148
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 7,949 7,764
Accumulated depreciation (2,773) (2,816)
Net Property, Plant and Equipment 5,176 4,948
TOTAL ASSETS 6,920 6,613
CURRENT LIABILITIES    
Short-term debt 48 104
Current portion of long-term debt and project funding   12
Accounts payable 113 94
Accrued liabilities 78 91
Accounts payable due to associated companies 32 30
Capital lease obligations due within one year 11 10
Taxes accrued 28 32
Interest accrued 32 19
Customer deposits 42 44
Other 69 102
Total Current Liabilities 453 538
DEFERRED CREDITS    
Regulatory liabilities 97 104
Deferred income tax liabilities, net 1,636 1,584
Investment tax credits 2 2
Other postretirement benefit obligations 52 57
Other 67 67
Total Deferred Credits 1,854 1,814
OTHER LONG-TERM LIABILITIES    
Long-term debt 2,332 2,124
Capital lease obligations 45 50
Total Other Long-Term Liabilities $ 2,377 $ 2,174
COMMITMENTS AND CONTINGENCIES
EQUITY    
Premium on stock and other capital contributions $ 1,122 $ 1,010
Retained earnings 1,114 1,077
Total Equity 2,236 2,087
TOTAL LIABILITIES AND EQUITY 6,920 6,613
Delmarva Power & Light Co/De [Member]    
CURRENT ASSETS    
Cash and cash equivalents 5 4
Restricted cash equivalents   5
Accounts receivable, less allowance for uncollectible accounts 209 193
Inventories 46 55
Deferred income tax assets, net 20 16
Income taxes and related accrued interest receivable 34 34
Prepaid expenses and other 12 12
Total Current Assets 326 319
OTHER ASSETS    
Goodwill 8 8
Regulatory assets 359 356
Prepaid pension expense 209 220
Income taxes and related accrued interest receivable 4 4
Other 12 12
Total Other Assets 592 600
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 4,131 3,946
Accumulated depreciation (1,044) (1,021)
Net Property, Plant and Equipment 3,087 2,925
TOTAL ASSETS 4,005 3,844
CURRENT LIABILITIES    
Short-term debt 171 211
Current portion of long-term debt and project funding   100
Accounts payable 46 39
Accrued liabilities 63 74
Accounts payable due to associated companies 22 17
Taxes accrued 6 3
Interest accrued 16 7
Customer deposits 26 24
Other 32 42
Total Current Liabilities 382 517
DEFERRED CREDITS    
Regulatory liabilities 223 225
Deferred income tax liabilities, net 944 893
Investment tax credits 4 4
Other postretirement benefit obligations 19 21
Other 34 35
Total Deferred Credits 1,224 1,178
OTHER LONG-TERM LIABILITIES    
Long-term debt $ 1,171 $ 971
COMMITMENTS AND CONTINGENCIES
EQUITY    
Premium on stock and other capital contributions $ 612 $ 537
Retained earnings 616 641
Total Equity 1,228 1,178
TOTAL LIABILITIES AND EQUITY 4,005 3,844
Atlantic City Electric Co [Member]    
CURRENT ASSETS    
Cash and cash equivalents 4 2
Restricted cash equivalents 15 10
Accounts receivable, less allowance for uncollectible accounts 235 167
Inventories 26 23
Income taxes and related accrued interest receivable 151 151
Prepaid expenses and other 21 13
Total Current Assets 452 366
OTHER ASSETS    
Regulatory assets 340 427
Prepaid pension expense 86 96
Income taxes and related accrued interest receivable 34 34
Restricted cash equivalents 15 14
Other 10 12
Total Other Assets 485 583
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 3,226 3,073
Accumulated depreciation (758) (760)
Net Property, Plant and Equipment 2,468 2,313
TOTAL ASSETS 3,405 3,262
CURRENT LIABILITIES    
Short-term debt 225 127
Current portion of long-term debt and project funding 48 59
Accounts payable 30 20
Accrued liabilities 125 103
Accounts payable due to associated companies 15 15
Taxes accrued 11 1
Interest accrued 18 13
Customer deposits 24 21
Other 20 22
Total Current Liabilities 516 381
DEFERRED CREDITS    
Regulatory liabilities 28 14
Deferred income tax liabilities, net 877 865
Investment tax credits 5 5
Other postretirement benefit obligations 35 36
Liabilities and accrued interest related to uncertain tax positions 2  
Other 16 16
Total Deferred Credits 963 936
OTHER LONG-TERM LIABILITIES    
Long-term debt 886 888
Transition bonds issued by ACE Funding 138 171
Total Other Long-Term Liabilities $ 1,024 $ 1,059
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock $ 26 $ 26
Premium on stock and other capital contributions 651 651
Retained earnings 225 209
Total Equity 902 886
TOTAL LIABILITIES AND EQUITY $ 3,405 $ 3,262