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Consolidated Statements of Operations and Comprehensive Income - PHI - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues      
Revenues from alternative revenue programs $ 696 $ 161 $ 171
Total operating revenues 21,727 19,078 17,938
Operating expenses      
Operating and maintenance 4,559 4,673 4,547
Depreciation and amortization 3,506 3,325 3,033
Taxes other than income taxes 1,408 1,390 1,291
Total operating expenses 17,714 15,761 15,256
Gain (loss) on sale of assets and businesses 10 (2) 0
Operating income 4,023 3,315 2,682
Other income and (deductions)      
Interest expense, net (1,704) (1,422) (1,264)
Other, net 408 535 261
Total other income and (deductions) (1,321) (912) (1,028)
Income before income taxes 2,702 2,403 1,654
Income taxes 374 349 38
Net income 2,328 2,171 1,829
Comprehensive income 2,240 2,259 2,356
Related Party      
Operating expenses      
Purchased power from affiliates 0 159 1,178
Pepco Holdings LLC      
Operating revenues      
Revenues from alternative revenue programs 64 (59) 91
Operating revenues from affiliates 9 10 13
Total operating revenues 6,026 5,565 5,041
Operating expenses      
Operating and maintenance 1,110 966 925
Depreciation and amortization 990 938 821
Taxes other than income taxes 487 475 458
Total operating expenses 5,114 4,734 4,240
Gain (loss) on sale of assets and businesses 9 0 0
Operating income 921 831 801
Other income and (deductions)      
Interest expense, net (323) (292) (267)
Other, net 108 78 69
Total other income and (deductions) (215) (214) (198)
Income before income taxes 706 617 603
Income taxes 116 9 42
Net income 590 608 561
Comprehensive income 590 608 561
Pepco Holdings LLC | Related Party      
Operating revenues      
Operating revenues from affiliates 9 10 13
Operating expenses      
Purchased power from affiliates 0 51 367
Operating and maintenance from affiliates 179 191 179
Electricity, US Regulated      
Operating revenues      
Operating revenues 19,267 16,899 16,245
Operating expenses      
Purchased power and/or fuel 7,648 5,380 4,703
Electricity, US Regulated | Pepco Holdings LLC      
Operating revenues      
Operating revenues 5,748 5,376 4,769
Operating expenses      
Purchased power and/or fuel 2,250 1,984 1,417
Natural Gas, US Regulated      
Operating revenues      
Operating revenues 1,764 2,018 1,522
Operating expenses      
Purchased power and/or fuel 593 834 504
Natural Gas, US Regulated | Pepco Holdings LLC      
Operating revenues      
Operating revenues 205 238 168
Operating expenses      
Purchased power and/or fuel $ 98 $ 129 $ 73