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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Constellation Energy Group, Inc. and Subsidiaries) (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues    
Nonregulated revenues$ 2,800.6$ 3,114.9$ 8,119.2$ 8,192.3
Regulated electric revenues638.6776.31,835.62,178.7
Regulated gas revenues81.977.7496.3494.4
Total revenues3,521.13,968.910,451.110,865.4
Expenses    
Fuel and purchased energy expenses2,381.32,977.07,031.17,606.8
Fuel and purchased energy expenses from affiliate249.0254.7653.1675.3
Operating expenses503.5417.61,409.61,227.7
Merger costs8.3 40.1 
Impairment losses and other costs 2,468.4 2,468.4
Depreciation, depletion, accretion, and amortization143.7123.0449.6380.6
Taxes other than income taxes78.166.6232.3199.0
Total expenses3,363.96,307.39,815.812,557.8
Equity Investment Earnings (Losses)49.653.413.7(0.8)
Gain on U.S. Department of Energy Settlement  35.5 
Net Gain on Divestitures23.038.323.043.5
Income (Loss) from Operations229.8(2,246.7)707.5(1,649.7)
Other Expense(17.8)(18.4)(52.5)(49.6)
Fixed Charges    
Interest expense67.062.6203.5244.5
Interest capitalized and allowance for borrowed funds used during construction(4.0)(5.7)(8.4)(30.0)
Total fixed charges63.056.9195.1214.5
Income (Loss) from Continuing Operations Before Income Taxes149.0(2,322.0)459.9(1,913.8)
Income Tax Expense (Benefit)51.1(947.0)174.5(813.9)
Net Income (Loss)97.9(1,375.0)285.4(1,099.9)
Less: Net Income Attributable to Noncontrolling Interests and BGE Preference Stock Dividends24.231.542.142.5
Net Income (Loss) Attributable to Common Stock$ 73.7$ (1,406.5)$ 243.3$ (1,142.4)
Average Shares of Common Stock Outstanding-Basic (in shares)200.4201.1200.0200.7
Average Shares of Common Stock Outstanding-Diluted (in shares)202.4201.1201.7200.7
Earnings (Loss) Per Common Share-Basic (in dollars per share)$ 0.37$ (6.99)$ 1.22$ (5.69)
Earnings (Loss) Per Common Share-Diluted (in dollars per share)$ 0.36$ (6.99)$ 1.21$ (5.69)
Dividends Declared Per Common Share (in dollars per share)$ 0.24$ 0.24$ 0.72$ 0.72