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CONSOLIDATED STATEMENTS OF INCOME (Baltimore Gas and Electric Company) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Electric revenues $ 2,320.7 $ 2,752.1 $ 2,820.7
Gas revenues 664.5 704.9 753.8
Total revenues 13,758.2 14,340.0 15,598.8
Operating expenses      
Merger costs 117.9   145.8
Impairment losses and other costs 891.0 2,476.8 124.7
Depreciation and amortization 589.3 519.5 651.4
Total expenses 14,126.1 15,853.8 14,588.5
(Loss) Income from Operations (197.0) (1,243.0) 7,981.0
Other Income (75.3) (76.7) (140.7)
Fixed Charges      
Interest expense 276.6 310.8 437.2
Total fixed charges 265.4 277.8 350.1
Income Before Income Taxes (537.7) (1,597.5) 7,490.2
Income Taxes      
Current (32.8) 55.1 1,151.9
Deferred (193.7) (716.3) 1,847.0
Total income taxes (230.9) (665.7) 2,986.8
Net (Loss) Income Attributable to Common Stock (340.3) (982.6) 4,443.4
Baltimore Gas and Electric Company
     
Revenues      
Electric revenues 2,321.4 2,752.3 2,820.7
Gas revenues 671.7 709.4 758.3
Total revenues 2,993.1 3,461.7 3,579.0
Operating expenses      
Electricity purchased for resale 836.5 1,252.9 1,217.4
Electricity purchased for resale from affiliate 348.2 428.0 623.5
Gas purchased for resale 334.2 387.5 449.9
Operations and maintenance 551.5 484.5 433.7
Operations and maintenance from affiliate 115.3 121.6 126.2
Merger costs 30.3    
Impairment losses and other costs     20.0
Depreciation and amortization 272.1 249.2 262.1
Taxes other than income taxes 190.2 183.8 177.8
Total expenses 2,678.3 3,107.5 3,310.6
(Loss) Income from Operations 314.8 354.2 268.4
Other Income 21.0 20.8 25.4
Fixed Charges      
Interest expense 133.8 135.8 143.6
Allowance for borrowed funds used during construction (7.2) (5.5) (4.3)
Total fixed charges 126.6 130.3 139.3
Income Before Income Taxes 209.2 244.7 154.5
Income Taxes      
Current (71.3) (202.0) (119.8)
Deferred 145.8 300.2 184.7
Investment tax credit adjustments (1.0) (1.1) (1.1)
Total income taxes 73.5 97.1 63.8
Net Income 135.7 147.6 90.7
Preference Stock Dividends 13.2 13.2 13.2
Net Income Attributable to Common Stock before Noncontrolling Interests 122.5 134.4 77.5
Net Loss Attributable to Noncontrolling Interests     7.3
Net (Loss) Income Attributable to Common Stock $ 122.5 $ 134.4 $ 84.8