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CONSOLIDATED BALANCE SHEETS (Baltimore Gas and Electric Company) (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Current Assets  
Cash and cash equivalents$ 1,171.0$ 2,028.5
Income taxes receivable, net45.2152.7
Fuel stocks411.1361.1
Materials and supplies134.2104.3
Regulatory assets (net)128.778.7
Restricted cash-consolidated variable interest entity73.152.3
Other278.8175.8
Total current assets4,840.36,452.6
Investments and Other Assets  
Regulatory assets (net)350.3374.1
Other382.0286.3
Total investments and other noncurrent assets4,501.14,287.1
Plant in service  
Total Assets20,083.020,018.5
Current Liabilities  
Short-term borrowings160.632.4
Current portion of long-term debt131.5245.6
Current portion of long-term debt-consolidated variable interest entity61.359.7
Accounts payable976.01,072.6
Deferred income taxes0.256.5
Accrued taxes91.171.0
Accrued expenses and other285.9358.1
Total current liabilities3,092.03,277.2
Deferred Credits and Other Liabilities  
Deferred income taxes2,684.82,489.8
Deferred investment tax credits24.327.6
Other251.8296.0
Total deferred credits and other noncurrent liabilities4,156.84,184.5
Long-term Debt  
Current portion of long-term debt-consolidated variable interest entity404.4394.6
Total long-term debt4,149.54,054.2
Equity  
Common shareholder's equity7,969.47,829.2
Preference stock not subject to mandatory redemption190.0190.0
Commitments, Guarantees, and Contingencies (see Notes)  
Total Liabilities and Equity20,083.020,018.5
Baltimore Gas and Electric Company
  
Current Assets  
Cash and cash equivalents51.350.0
Accounts receivable (net of allowance for uncollectibles of $36.3 and $34.9, respectively)349.6351.4
Accounts receivable, unbilled (net of allowance for uncollectibles of $1.1 and $1.0, respectively)143.7268.8
Accounts receivable, affiliated companies1.61.1
Income taxes receivable, net 55.9
Fuel stocks81.866.5
Materials and supplies35.931.2
Prepaid taxes other than income taxes77.551.7
Regulatory assets (net)128.778.7
Restricted cash-consolidated variable interest entity51.729.5
Other5.89.5
Total current assets927.6994.3
Investments and Other Assets  
Regulatory assets (net)350.3374.1
Receivable, affiliated company465.7494.3
Other40.252.2
Total investments and other noncurrent assets856.2920.6
Plant in service  
Electric5,340.85,127.9
Gas1,374.51,323.0
Common432.7507.8
Total plant in service7,148.06,958.7
Accumulated depreciation(2,462.6)(2,449.3)
Net plant in service4,685.44,509.4
Construction work in progress352.8232.9
Plant held for future use11.210.1
Net utility plant5,049.44,752.4
Total Assets6,833.26,667.3
Current Liabilities  
Short-term borrowings140.0 
Current portion of long-term debt131.522.0
Current portion of long-term debt-consolidated variable interest entity61.359.7
Accounts payable191.4252.9
Accounts payable, affiliated companies63.684.9
Customer deposits83.678.9
Deferred income taxes55.230.1
Accrued taxes23.319.0
Liability for uncertain tax positions10.862.8
Accrued expenses and other163.899.7
Total current liabilities924.5710.0
Deferred Credits and Other Liabilities  
Deferred income taxes1,437.11,354.9
Payable, affiliated company256.9250.8
Deferred investment tax credits7.78.4
Other20.220.1
Total deferred credits and other noncurrent liabilities1,721.91,634.2
Long-term Debt  
Rate stabilization bonds-consolidated variable interest entity424.7454.4
Other long-term debt1,431.51,431.5
6.20% deferrable interest subordinated debentures due October 15, 2043 to wholly owned BGE Capital Trust II relating to trust preferred securities257.7257.7
Unamortized discount and premium(1.9)(2.0)
Current portion of long-term debt(131.5)(22.0)
Current portion of long-term debt-consolidated variable interest entity(61.3)(59.7)
Total long-term debt1,919.22,059.9
Equity  
Common shareholder's equity2,077.62,073.2
Preference stock not subject to mandatory redemption190.0190.0
Total equity2,267.62,263.2
Commitments, Guarantees, and Contingencies (see Notes)  
Total Liabilities and Equity$ 6,833.2$ 6,667.3