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Balance Sheets (Unaudited) - BGE - USD ($)
shares in Millions, $ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 720 $ 445
Restricted cash and cash equivalents 489 482
Accounts receivable    
Customer accounts receivable 2,896 2,659
Customer allowance for credit losses (346) (317)
Customer accounts receivable, net 2,550 2,342
Other accounts receivable 1,131 1,101
Other allowance for credit losses (96) (82)
Other accounts receivable, net 1,035 1,019
Inventories, net    
Fossil fuel 37 94
Materials and supplies 751 707
Regulatory assets 2,035 2,215
Other 595 473
Total current assets 8,212 7,777
Property, plant and equipment, net 74,604 73,593
Deferred debits and other assets    
Regulatory assets 8,701 8,698
Goodwill 6,630 6,630
Receivable related to Regulatory Agreement Units 3,382 3,232
Investments 263 251
Other 1,419 1,365
Total deferred debits and other assets 20,395 20,176
Total assets 103,211 101,546
Current liabilities    
Short-term borrowings 2,206 2,523
Long-term debt due within one year 503 1,403
Accrued expenses 1,076 1,375
Customer deposits 419 411
Regulatory liabilities 400 389
Mark-to-market derivative liabilities 29 74
Unamortized energy contract liabilities 7 8
Other 516 557
Total current liabilities 7,975 9,591
Long-term debt 42,271 39,692
Long-term debt to financing trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 12,199 11,956
Regulatory liabilities 9,706 9,576
Asset retirement obligations 270 267
Pension obligations 1,569 1,571
Non-pension postretirement benefit obligations 523 527
Mark-to-market derivative liabilities 80 106
Unamortized energy contract liabilities 25 27
Other 2,142 2,088
Total deferred credits and other liabilities 26,514 26,118
Total liabilities 77,150 75,791
Commitments and contingencies
Common stock (in dollars) $ 0 $ 0
Common stock, shares authorized (in shares) 2,000 2,000
Common stock, shares outstanding (in shares) 1,000 999
Shareholders’ equity    
Common stock $ 21,129 $ 21,114
Treasury stock, common (in shares) 2 2
Treasury stock, at cost $ (123) $ (123)
Accumulated other comprehensive loss, net (712) (726)
Retained earnings 5,767 5,490
Total shareholders’ equity 26,061 25,755
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 103,211 101,546
Related Party    
Current liabilities    
Accounts payable 5 5
Long-term debt to financing trusts 390 390
Nonrelated Party    
Current liabilities    
Accounts payable 2,814 2,846
Baltimore Gas and Electric Company    
Current assets    
Cash and cash equivalents 27 47
Restricted cash and cash equivalents 0 1
Accounts receivable    
Customer accounts receivable 618 527
Customer allowance for credit losses (52) (46)
Customer accounts receivable, net 566 481
Other accounts receivable 104 106
Other allowance for credit losses (7) (7)
Other accounts receivable, net 97 99
Inventories, net    
Fossil fuel 13 35
Materials and supplies 82 74
Prepaid utility taxes 54 56
Regulatory assets 237 229
Other 18 25
Total current assets 1,094 1,047
Property, plant and equipment, net 12,291 12,102
Deferred debits and other assets    
Regulatory assets 742 727
Investments 10 9
Prepaid pension asset 253 248
Total deferred debits and other assets 1,059 1,035
Total assets 14,444 14,184
Current liabilities    
Short-term borrowings 406 336
Accrued expenses 249 203
Customer deposits 115 114
Regulatory liabilities 26 27
Total current liabilities 1,195 1,093
Long-term debt 4,602 4,602
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,016 1,945
Regulatory liabilities 699 773
Asset retirement obligations 32 32
Non-pension postretirement benefit obligations 153 158
Other 85 91
Total deferred credits and other liabilities 2,985 2,999
Total liabilities 8,782 8,694
Commitments and contingencies
Shareholders’ equity    
Common stock 3,246 3,246
Retained earnings 2,416 2,244
Total shareholders’ equity 5,662 5,490
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 14,444 14,184
Baltimore Gas and Electric Company | Related Party    
Accounts receivable    
Receivables from affiliates 0 0
Current liabilities    
Accounts payable 37 35
Baltimore Gas and Electric Company | Nonrelated Party    
Deferred debits and other assets    
Other 54 51
Current liabilities    
Accounts payable 338 344
Other $ 24 $ 34