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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - PHI - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues    
Revenues from alternative revenue programs $ 106 $ 279
Total operating revenues 6,043 5,563
Operating expenses    
Operating and maintenance 1,271 1,151
Depreciation and amortization 879 860
Taxes other than income taxes 371 355
Total operating expenses 4,931 4,457
Operating income 1,114 1,106
Other income and (deductions)    
Interest expense, net (462) (406)
Other, net 75 109
Total other income and (deductions) (393) (303)
Income before income taxes 721 803
Income taxes 63 134
Net income 658 669
Comprehensive income 672 668
Pepco Holdings LLC    
Operating revenues    
Revenues from alternative revenue programs 46 65
Total operating revenues 1,606 1,536
Operating expenses    
Operating and maintenance 274 267
Depreciation and amortization 246 241
Taxes other than income taxes 128 120
Total operating expenses 1,335 1,297
Operating income 271 239
Other income and (deductions)    
Interest expense, net (90) (76)
Other, net 27 26
Total other income and (deductions) (63) (50)
Income before income taxes 208 189
Income taxes 40 34
Net income 168 155
Comprehensive income 168 155
Pepco Holdings LLC | Related Party    
Operating revenues    
Operating revenues from affiliates 3 3
Operating expenses    
Operating and maintenance from affiliates 51 42
Electricity, US Regulated    
Operating revenues    
Electric operating revenues 5,198 4,462
Operating expenses    
Purchased power and/or fuel 2,197 1,733
Electricity, US Regulated | Pepco Holdings LLC    
Operating revenues    
Electric operating revenues 1,485 1,371
Operating expenses    
Purchased power and/or fuel 607 572
Natural Gas, US Regulated    
Operating revenues    
Electric operating revenues 739 822
Operating expenses    
Purchased power and/or fuel 213 358
Natural Gas, US Regulated | Pepco Holdings LLC    
Operating revenues    
Electric operating revenues 72 97
Operating expenses    
Purchased power and/or fuel $ 29 $ 55