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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating revenues    
Revenues from alternative revenue programs $ 29 $ 129
Operating revenues from affiliates 6 7
Total operating revenues 5,327 4,632
Operating expenses    
Purchased power and/or fuel from affiliates 159 293
Operating and maintenance 1,178 1,083
Depreciation and amortization 817 757
Taxes other than income taxes 354 317
Total operating expenses 4,427 3,808
Operating income (loss) 900 824
Other income and (deductions)    
Interest expense, net (332) (312)
Interest expense to affiliates (6) (6)
Other, net 137 58
Total other deductions (201) (260)
Income (Loss) before income taxes 699 564
Income taxes 218 39
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 481 525
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 117 (789)
Net income (loss) 598 (264)
Net income (loss) attributable to noncontrolling interests 1 25
Net Income (Loss) Available to Common Stockholders, Basic 597 (289)
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic 481 525
Net Income (Loss) from Discontinued Operations Available to Common Shareholders, Basic 116 (814)
Other comprehensive income (loss), net of income taxes    
Prior service benefit reclassified to periodic benefit cost 0 (1)
Actuarial loss reclassified to periodic benefit cost 14 56
Pension and non-pension postretirement benefit plan valuation adjustment 0 (2)
Unrealized gain (loss) on foreign currency translation 0 1
Other comprehensive income 14 54
Comprehensive income 612 (210)
Comprehensive income attributable to noncontrolling interests 1 25
Comprehensive income attributable to common shareholders/membership interest $ 611 $ (235)
Average shares of common stock outstanding:    
Basic average shares of common stock outstanding 981 977
Assumed exercise and/or distributions of stock-based awards 0 1
Diluted average shares of common stock outstanding [1] 981 978
Earnings per average common share from continuing operations    
Income (Loss) from Continuing Operations, Per Basic Share $ 0.49 $ 0.53
Income (Loss) from Continuing Operations, Per Diluted Share 0.49 0.53
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share 0.12 (0.83)
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share $ 0.12 $ (0.83)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount   1
Commonwealth Edison Co [Member]    
Operating revenues    
Revenues from alternative revenue programs $ 40 $ 54
Operating revenues from affiliates 6 6
Total operating revenues 1,734 1,535
Operating expenses    
Purchased power and/or fuel from affiliates 59 85
Operating and maintenance 266 245
Related Party Transaction, Expenses from Transactions with Related Party 85 71
Depreciation and amortization 321 292
Taxes other than income taxes 96 75
Total operating expenses 1,406 1,210
Operating income (loss) 328 325
Other income and (deductions)    
Interest expense, net (97) (93)
Interest expense to affiliates (3) (3)
Other, net 12 7
Total other deductions (88) (89)
Income (Loss) before income taxes 240 236
Income taxes 52 39
Net income (loss) 188 197
Other comprehensive income (loss), net of income taxes    
Comprehensive income 188 197
PECO Energy Co [Member]    
Operating revenues    
Revenues from alternative revenue programs 6 10
Operating revenues from affiliates 1 2
Total operating revenues 1,047 889
Operating expenses    
Purchased power and/or fuel from affiliates 33 41
Operating and maintenance 196 193
Related Party Transaction, Expenses from Transactions with Related Party 51 41
Depreciation and amortization 92 86
Taxes other than income taxes 47 43
Total operating expenses 793 679
Operating income (loss) 254 210
Other income and (deductions)    
Interest expense, net (38) (35)
Interest expense to affiliates (3) (3)
Other, net 7 5
Total other deductions (34) (33)
Income (Loss) before income taxes 220 177
Income taxes 14 10
Net income (loss) 206 167
Other comprehensive income (loss), net of income taxes    
Comprehensive income 206 167
Baltimore Gas and Electric Company [Member]    
Operating revenues    
Revenues from alternative revenue programs (12) 18
Operating revenues from affiliates 7 6
Total operating revenues 1,154 974
Operating expenses    
Purchased power and/or fuel from affiliates 18 70
Operating and maintenance 167 152
Related Party Transaction, Expenses from Transactions with Related Party 51 45
Depreciation and amortization 171 152
Taxes other than income taxes 76 72
Total operating expenses 919 752
Operating income (loss) 235 222
Other income and (deductions)    
Interest expense, net (35) (34)
Other, net 7 8
Total other deductions (28) (26)
Income (Loss) before income taxes 207 196
Income taxes 9 (13)
Net income (loss) 198 209
Other comprehensive income (loss), net of income taxes    
Comprehensive income 198 209
Pepco Holdings LLC [Member]    
Operating revenues    
Revenues from alternative revenue programs (5) 46
Operating revenues from affiliates 3 3
Total operating revenues 1,404 1,244
Operating expenses    
Purchased power and/or fuel from affiliates 50 98
Operating and maintenance 248 216
Related Party Transaction, Expenses from Transactions with Related Party 51 40
Depreciation and amortization 218 210
Taxes other than income taxes 119 113
Total operating expenses 1,215 1,058
Operating income (loss) 189 186
Other income and (deductions)    
Interest expense, net (69) (67)
Other, net 17 17
Total other deductions (52) (50)
Income (Loss) before income taxes 137 136
Income taxes 7 8
Net income (loss) 130 128
Other comprehensive income (loss), net of income taxes    
Comprehensive income attributable to common shareholders/membership interest 130 128
Potomac Electric Power Company [Member]    
Operating revenues    
Revenues from alternative revenue programs (7) 26
Operating revenues from affiliates 1 1
Total operating revenues 614 553
Operating expenses    
Purchased power and/or fuel from affiliates 39 74
Operating and maintenance 73 56
Related Party Transaction, Expenses from Transactions with Related Party 58 52
Depreciation and amortization 108 102
Taxes other than income taxes 95 90
Total operating expenses 547 466
Operating income (loss) 67 87
Other income and (deductions)    
Interest expense, net (36) (34)
Other, net 13 12
Total other deductions (23) (22)
Income (Loss) before income taxes 44 65
Income taxes (2) 6
Net income (loss) 46 59
Other comprehensive income (loss), net of income taxes    
Comprehensive income 46 59
Delmarva Power and Light Company [Member]    
Operating revenues    
Revenues from alternative revenue programs (1) 9
Operating revenues from affiliates 1 2
Total operating revenues 431 382
Operating expenses    
Purchased power and/or fuel from affiliates 10 20
Operating and maintenance 51 44
Related Party Transaction, Expenses from Transactions with Related Party 42 39
Depreciation and amortization 57 53
Taxes other than income taxes 18 17
Total operating expenses 357 309
Operating income (loss) 74 73
Other income and (deductions)    
Interest expense, net (16) (15)
Other, net 2 3
Total other deductions (14) (12)
Income (Loss) before income taxes 60 61
Income taxes 4 5
Net income (loss) 56 56
Other comprehensive income (loss), net of income taxes    
Comprehensive income 56 56
Atlantic City Electric Company [Member]    
Operating revenues    
Revenues from alternative revenue programs 3 11
Operating revenues from affiliates 1 1
Total operating revenues 349 310
Operating expenses    
Purchased power and/or fuel from affiliates 2 4
Operating and maintenance 47 42
Related Party Transaction, Expenses from Transactions with Related Party 37 34
Depreciation and amortization 47 47
Taxes other than income taxes 2 2
Total operating expenses 311 282
Operating income (loss) 38 28
Other income and (deductions)    
Interest expense, net (14) (15)
Other, net 3 1
Total other deductions (11) (14)
Income (Loss) before income taxes 27 14
Income taxes 1 0
Net income (loss) 26 14
Other comprehensive income (loss), net of income taxes    
Comprehensive income 26 14
Generation commodities and services    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 4,481 3,870
Operating expenses    
Purchased power and/or fuel 1,581 1,140
Natural gas operating revenues    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 817 633
Operating expenses    
Purchased power and/or fuel 338 218
Electricity, US Regulated    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 4,522 3,991
Electricity, US Regulated | Commonwealth Edison Co [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 1,688 1,475
Operating expenses    
Purchased power and/or fuel 579 442
Electricity, US Regulated | PECO Energy Co [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 734 649
Operating expenses    
Purchased power and/or fuel 229 189
Electricity, US Regulated | Baltimore Gas and Electric Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 735 620
Operating expenses    
Purchased power and/or fuel 285 162
Electricity, US Regulated | Pepco Holdings LLC [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 1,323 1,124
Operating expenses    
Purchased power and/or fuel 487 348
Electricity, US Regulated | Potomac Electric Power Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 620 526
Operating expenses    
Purchased power and/or fuel 174 92
Electricity, US Regulated | Delmarva Power and Light Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 348 300
Operating expenses    
Purchased power and/or fuel 137 103
Electricity, US Regulated | Atlantic City Electric Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 345 298
Operating expenses    
Purchased power and/or fuel 176 153
Natural Gas, US Regulated    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 805 641
Natural Gas, US Regulated | PECO Energy Co [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 306 228
Operating expenses    
Purchased power and/or fuel 145 86
Natural Gas, US Regulated | Baltimore Gas and Electric Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 424 330
Operating expenses    
Purchased power and/or fuel 151 99
Natural Gas, US Regulated | Pepco Holdings LLC [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 83 71
Operating expenses    
Purchased power and/or fuel 42 33
Natural Gas, US Regulated | Delmarva Power and Light Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 83 71
Operating expenses    
Purchased power and/or fuel $ 42 $ 33
[1] The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect were none and less than 1 million for the three months ended March 31, 2022 and 2021, respectively