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Balance Sheets - Pepco - 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    
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
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 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
Potomac Electric Power Company    
Current assets    
Cash and cash equivalents 48 45
Restricted cash and cash equivalents 24 54
Accounts receivable    
Customer accounts receivable 369 351
Customer allowance for credit losses (52) (47)
Customer accounts receivable, net 317 304
Other accounts receivable 166 180
Other allowance for credit losses (28) (25)
Other accounts receivable, net 138 155
Inventories, net    
Inventories, net 159 135
Regulatory assets 150 235
Other 51 53
Total current assets 889 981
Property, plant and equipment, net 9,430 8,794
Deferred debits and other assets    
Regulatory assets 450 437
Investments 124 119
Prepaid pension asset 246 273
Other 55 53
Total deferred debits and other assets 875 882
Total assets 11,194 10,657
Current liabilities    
Short-term borrowings 132 299
Long-term debt due within one year 405 4
Accrued expenses 191 125
Customer deposits 47 39
Regulatory liabilities 15 6
Merger related obligation 25 26
Other 61 93
Total current liabilities 1,229 1,008
Long-term debt 3,691 3,747
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,431 1,382
Regulatory liabilities 382 455
Asset retirement obligations 37 39
Other 280 244
Total deferred credits and other liabilities 2,130 2,120
Total liabilities 7,050 6,875
Commitments and contingencies
Shareholders’ equity    
Common stock [1] 3,075 2,767
Retained earnings 1,069 1,015
Total shareholders’ equity 4,144 3,782
Total liabilities and member's equity 11,194 10,657
Potomac Electric Power Company | Related Party    
Accounts receivable    
Receivable from affiliates 2 0
Current liabilities    
Accounts payable 32 34
Potomac Electric Power Company | Nonrelated Party    
Current liabilities    
Accounts payable $ 321 $ 382
[1] In millions, shares round to zero. Number of shares is 100 outstanding as of December 31, 2023 and 2022.