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Statements of Operations and Comprehensive Income (Unaudited) - Pepco - 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
Gain on sales of assets 2 0
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
Related Party    
Other income and (deductions)    
Interest expense to affiliates (6) (6)
Potomac Electric Power Company    
Operating revenues    
Revenues from alternative revenue programs 29 39
Total operating revenues 759 710
Operating expenses    
Operating and maintenance 86 93
Depreciation and amortization 107 108
Taxes other than income taxes 102 94
Total operating expenses 640 610
Operating income 119 100
Other income and (deductions)    
Interest expense, net (45) (39)
Other, net 15 16
Total other income and (deductions) (30) (23)
Income before income taxes 89 77
Income taxes 14 12
Net income 75 65
Comprehensive income 75 65
Potomac Electric Power Company | Related Party    
Operating revenues    
Operating revenues from affiliates 2 1
Operating expenses    
Operating and maintenance from affiliates 64 57
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 | Potomac Electric Power Company    
Operating revenues    
Electric operating revenues 728 670
Operating expenses    
Purchased power and/or fuel 281 258
Natural Gas, US Regulated    
Operating revenues    
Electric operating revenues 739 822
Operating expenses    
Purchased power and/or fuel $ 213 $ 358