XML 81 R7.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED BALANCE SHEETS (Baltimore Gas and Electric Company) (USD $)
In Millions
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 954.8 $ 2,028.5
Income taxes receivable, net 81.3 152.7
Fuel stocks 394.1 361.1
Materials and supplies 136.3 104.3
Restricted cash-consolidated variable interest entity 46.0 52.3
Other 241.4 254.5
Total current assets 4,742.1 6,452.6
Investments and Other Noncurrent Assets    
Regulatory assets (net) 370.8 374.1
Other 302.5 286.3
Total investments and other noncurrent assets 4,352.1 4,287.1
Plant in service    
Total Assets 19,713.4 20,018.5
Current Liabilities    
Current portion of long-term debt 131.5 245.6
Current portion of long-term debt-consolidated variable interest entity 61.3 59.7
Accounts payable 987.0 1,072.6
Deferred income taxes 20.2 56.5
Accrued taxes 85.1 71.0
Accrued expenses and other 261.5 358.1
Total current liabilities 2,895.6 3,277.2
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 2,667.6 2,489.8
Deferred investment tax credits 25.4 27.6
Other 248.5 296.0
Total deferred credits and other noncurrent liabilities 4,195.0 4,184.5
Long-term Debt    
Long-term Debt, Net of Current Portion-consolidated variable interest entities 370.8 394.6
Total long-term debt 3,947.5 4,054.2
Equity    
Common shareholder's equity 8,014.5 7,829.2
Preference stock not subject to mandatory redemption 190.0 190.0
Total equity 8,304.5 8,108.0
Commitments, Guarantees, and Contingencies (see Notes)    
Total Liabilities and Equity 19,713.4 20,018.5
Baltimore Gas and Electric Company
   
Current Assets    
Cash and cash equivalents 120.6 50.0
Accounts receivable (net of allowance for uncollectibles of $33.9 and $34.9, respectively) 328.8 351.4
Accounts receivable, unbilled (net of allowance for uncollectibles of $1.0 and $1.0, respectively) 173.4 268.8
Accounts receivable, affiliated companies 2.1 1.1
Income taxes receivable, net   55.9
Fuel stocks 51.4 66.5
Materials and supplies 39.6 31.2
Prepaid taxes other than income taxes 2.3 51.7
Regulatory assets (net) 85.2 78.7
Restricted cash-consolidated variable interest entity 25.2 29.5
Other 7.2 9.5
Total current assets 835.8 994.3
Investments and Other Noncurrent Assets    
Regulatory assets (net) 370.8 374.1
Receivable, affiliated company 476.2 494.3
Other 48.4 52.2
Total investments and other noncurrent assets 895.4 920.6
Plant in service    
Electric 5,287.9 5,127.9
Gas 1,353.8 1,323.0
Common 436.0 507.8
Total plant in service 7,077.7 6,958.7
Accumulated depreciation (2,441.7) (2,449.3)
Net plant in service 4,636.0 4,509.4
Construction work in progress 290.8 232.9
Plant held for future use 10.2 10.1
Net utility plant 4,937.0 4,752.4
Total Assets 6,668.2 6,667.3
Current Liabilities    
Current portion of long-term debt 131.5 22.0
Current portion of long-term debt-consolidated variable interest entity 61.3 59.7
Accounts payable 215.1 252.9
Accounts payable, affiliated companies 69.3 84.9
Customer deposits 80.0 78.9
Deferred income taxes 32.1 30.1
Accrued taxes 39.2 19.0
Liability for uncertain tax positions 58.7 62.8
Accrued expenses and other 92.0 99.7
Total current liabilities 779.2 710.0
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,420.9 1,354.9
Payable, affiliated company 255.1 250.8
Deferred investment tax credits 7.9 8.4
Other 16.6 20.1
Total deferred credits and other noncurrent liabilities 1,700.5 1,634.2
Long-term Debt    
Rate stabilization bonds-consolidated variable interest entity 424.7 454.4
Other long-term debt 1,431.5 1,431.5
6.20% deferrable interest subordinated debentures due October 15, 2043 to wholly owned BGE Capital Trust II relating to trust preferred securities 257.7 257.7
Unamortized discount and premium (1.9) (2.0)
Current portion of long-term debt (131.5) (22.0)
Long-term Debt, Net of Current Portion-consolidated variable interest entities (61.3) (59.7)
Total long-term debt 1,919.2 2,059.9
Equity    
Common shareholder's equity 2,079.3 2,073.2
Preference stock not subject to mandatory redemption 190.0 190.0
Total equity 2,269.3 2,263.2
Commitments, Guarantees, and Contingencies (see Notes)    
Total Liabilities and Equity $ 6,668.2 $ 6,667.3