XML 83 R9.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - ACE - 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)
Atlantic City Electric Company    
Operating revenues    
Revenues from alternative revenue programs 13 17
Total operating revenues 358 353
Operating expenses    
Operating and maintenance 47 44
Depreciation and amortization 74 67
Taxes other than income taxes 2 2
Total operating expenses 303 298
Operating income 55 55
Other income and (deductions)    
Interest expense, net (20) (16)
Other, net 5 5
Total other income and (deductions) (15) (11)
Income before income taxes 40 44
Income taxes 11 11
Net income 29 33
Comprehensive income 29 33
Atlantic City Electric Company | Related Party    
Operating revenues    
Operating revenues from affiliates 1 1
Operating expenses    
Operating and maintenance from affiliates 40 37
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 | Atlantic City Electric Company    
Operating revenues    
Electric operating revenues 344 335
Operating expenses    
Purchased power and/or fuel 140 148
Natural Gas, US Regulated    
Operating revenues    
Electric operating revenues 739 822
Operating expenses    
Purchased power and/or fuel $ 213 $ 358