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Balance Sheets - BGE - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 445 $ 407
Restricted cash and cash equivalents 482 566
Accounts receivable    
Customer accounts receivable 2,659 2,544
Customer allowance for credit losses (317) (327)
Customer accounts receivable, net 2,342 2,217
Other accounts receivable 1,101 1,426
Other allowance for credit losses (82) (82)
Other accounts receivable, net 1,019 1,344
Inventories, net    
Fossil fuel 94 208
Materials and supplies 707 547
Regulatory assets 2,215 1,641
Other 473 406
Total current assets 7,777 7,336
Property, plant and equipment, net 73,593 69,076
Deferred debits and other assets    
Regulatory assets 8,698 8,037
Investments 251 232
Total deferred debits and other assets 20,176 18,937
Total assets 101,546 95,349
Current liabilities    
Short-term borrowings 2,523 2,586
Long-term debt due within one year 1,403 1,802
Accrued expenses 1,375 1,226
Regulatory liabilities 389 437
Other 968 1,155
Total current liabilities 9,591 10,611
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 11,956 11,250
Regulatory liabilities 9,576 9,112
Asset retirement obligations 267 269
Non-pension postretirement benefit obligations 527 507
Other 2,088 1,967
Total deferred credits and other liabilities 26,118 24,332
Total liabilities 75,791 70,605
Commitments and contingencies
Shareholders’ equity    
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000
Common stock, shares, outstanding (in shares) 999,000,000 994,000,000
Common stock $ 21,114 $ 20,908
Retained earnings 5,490 4,597
Total shareholders’ equity 25,755 24,744
Total liabilities and member's equity 101,546 95,349
Related Party    
Current liabilities    
Accounts payable 5 5
Nonrelated Party    
Deferred debits and other assets    
Other 1,365 1,141
Current liabilities    
Accounts payable 2,846 3,382
Long-term debt 39,692 35,272
Baltimore Gas and Electric Company    
Current assets    
Cash and cash equivalents 47 43
Restricted cash and cash equivalents 1 24
Accounts receivable    
Customer accounts receivable 527 617
Customer allowance for credit losses (46) (54)
Customer accounts receivable, net 481 563
Other accounts receivable 106 132
Other allowance for credit losses (7) (10)
Other accounts receivable, net 99 122
Inventories, net    
Fossil fuel 35 91
Materials and supplies 74 65
Prepaid utility taxes 56 52
Regulatory assets 229 177
Other 25 13
Total current assets 1,047 1,150
Property, plant and equipment, net 12,102 11,338
Deferred debits and other assets    
Regulatory assets 727 527
Investments 9 7
Prepaid pension asset 248 291
Other 51 37
Total deferred debits and other assets 1,035 862
Total assets 14,184 13,350
Current liabilities    
Short-term borrowings 336 408
Long-term debt due within one year 0 300
Accrued expenses 203 159
Customer deposits 114 105
Regulatory liabilities 27 47
Other 34 55
Total current liabilities 1,093 1,575
Long-term debt 4,602 3,907
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,945 1,832
Regulatory liabilities 773 816
Asset retirement obligations 32 30
Non-pension postretirement benefit obligations 158 166
Other 91 88
Total deferred credits and other liabilities 2,999 2,932
Total liabilities 8,694 8,414
Commitments and contingencies
Shareholders’ equity    
Common stock, shares authorized (in shares) 1,500 1,500
Common stock, shares, outstanding (in shares) 1,000 1,000
Common stock [1] $ 3,246 $ 2,861
Retained earnings 2,244 2,075
Total shareholders’ equity 5,490 4,936
Total liabilities and member's equity 14,184 13,350
Baltimore Gas and Electric Company | Related Party    
Accounts receivable    
Receivable from affiliates 0 0
Current liabilities    
Accounts payable 35 39
Baltimore Gas and Electric Company | Nonrelated Party    
Current liabilities    
Accounts payable $ 344 $ 462
[1] In millions, shares round to zero. Number of shares is 1,500 authorized and 1,000 outstanding as of December 31, 2023 and 2022.