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Statements of Operations and Comprehensive Income - Pepco - 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 2,260 2,479
Related Party      
Operating expenses      
Purchased power and/or fuel from affiliates 0 159 1,178
Potomac Electric Power Company      
Operating revenues      
Revenues from alternative revenue programs 22 (31) 53
Operating revenues from affiliates 9 5 5
Total operating revenues 2,824 2,531 2,274
Operating expenses      
Operating and maintenance 336 284 258
Depreciation and amortization 441 417 403
Taxes other than income taxes 390 382 373
Total operating expenses 2,377 2,140 1,871
Gain (loss) on sale of assets and businesses 9 0 0
Operating income 456 391 403
Other income and (deductions)      
Interest expense, net (165) (150) (140)
Other, net 66 55 48
Total other income and (deductions) (99) (95) (92)
Income before income taxes 357 296 311
Income taxes 51 (9) 15
Net income 306 305 296
Comprehensive income 306 305 296
Potomac Electric Power Company | Related Party      
Operating revenues      
Operating revenues from affiliates 9 5 5
Operating expenses      
Purchased power and/or fuel from affiliates 0 39 271
Operating and maintenance from affiliates 236 223 213
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 | Potomac Electric Power Company      
Operating revenues      
Operating revenues 2,793 2,557 2,216
Operating expenses      
Purchased power and/or fuel 974 795 353
Natural Gas, US Regulated      
Operating revenues      
Operating revenues 1,764 2,018 1,522
Operating expenses      
Purchased power and/or fuel $ 593 $ 834 $ 504