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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Constellation Energy Group, Inc. and Subsidiaries) (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Nonregulated revenues $ 10,773.0 $ 10,883.0 $ 12,024.3
Regulated electric revenues 2,320.7 2,752.1 2,820.7
Regulated gas revenues 664.5 704.9 753.8
Total revenues 13,758.2 14,340.0 15,598.8
Expenses      
Fuel and purchased energy expenses 9,396.6 10,001.7 11,013.1
Fuel and purchased energy expenses from affiliate 888.4 900.8 122.5
Operating expenses 1,934.9 1,691.1 2,228.0
Merger costs 117.9   145.8
Impairment losses and other costs 891.0 2,476.8 124.7
Workforce reduction costs     12.6
Depreciation, depletion, accretion, and amortization 589.3 519.5 651.4
Taxes other than income taxes 308.0 263.9 290.4
Total expenses 14,126.1 15,853.8 14,588.5
Equity Investment Earnings (Losses) 19.8 25.0 (6.1)
Gain on U.S. Department of Energy Settlement 93.8    
Gain on Sale of Interest in CENG     7,445.6
Net Gain (Loss) on Divestitures 57.3 245.8 (468.8)
(Loss) Income from Operations (197.0) (1,243.0) 7,981.0
Other Expenses (75.3) (76.7) (140.7)
Fixed Charges      
Interest expense 276.6 310.8 437.2
Interest capitalized and allowance for borrowed funds used during construction (11.2) (33.0) (87.1)
Total fixed charges 265.4 277.8 350.1
(Loss) Income from Continuing Operations Before Income Taxes (537.7) (1,597.5) 7,490.2
Income Tax (Benefit) Expense (230.9) (665.7) 2,986.8
Net (Loss) Income (306.8) (931.8) 4,503.4
Net Income Attributable to Noncontrolling Interests and BGE Preference Stock Dividends 33.5 50.8 60.0
Net (Loss) Income Attributable to Common Stock $ (340.3) $ (982.6) $ 4,443.4
Average Shares of Common Stock Outstanding-Basic (in shares) 200.1 200.5 199.3
Average Shares of Common Stock Outstanding-Diluted (in shares) 200.1 200.5 200.3
(Loss) Earnings Per Common Share-Basic (in dollars per share) $ (1.70) $ (4.90) $ 22.29
(Loss) Earnings Per Common Share-Diluted (in dollars per share) $ (1.70) $ (4.90) $ 22.19
Dividends Declared Per Common Share (in dollars per share) $ 0.96 $ 0.96 $ 0.96