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Consolidated Balance Sheets (Unaudited) - ACE - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 616 $ 445
Accounts receivable    
Customer accounts receivable 2,971 2,659
Customer allowance for credit losses (426) (317)
Customer accounts receivable, net 2,545 2,342
Other accounts receivable 1,226 1,101
Other allowance for credit losses (111) (82)
Other accounts receivable, net 1,115 1,019
Inventory, net    
Regulatory assets 1,869 2,215
Other 471 473
Total current assets 8,023 7,777
Property, plant and equipment, net 76,661 73,593
Deferred debits and other assets    
Regulatory assets 8,657 8,698
Other 1,498 1,365
Total deferred debits and other assets 21,386 20,176
Total assets 106,070 101,546
Current liabilities    
Short-term borrowings 1,031 2,523
Long-term debt due within one year 954 1,403
Accrued expenses 1,284 1,375
Customer deposits 432 411
Regulatory liabilities 430 389
Other 569 557
Total current liabilities 7,384 9,591
Long-term debt 43,701 39,692
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 12,551 11,956
Regulatory liabilities 10,563 9,576
Non-pension postretirement benefit obligations 528 527
Other 2,287 2,088
Total deferred credits and other liabilities 27,973 26,118
Total liabilities 79,448 75,791
Commitments and contingencies
Shareholders’ equity    
Common stock 21,320 21,114
Retained earnings 6,161 5,490
Total shareholders’ equity 26,622 25,755
Total liabilities and shareholders’ equity 106,070 101,546
Related Party    
Current liabilities    
Accounts payable 5 5
Nonrelated Party    
Current liabilities    
Accounts payable 2,648 2,846
Atlantic City Electric Company    
Current assets    
Cash and cash equivalents 17 21
Accounts receivable    
Customer accounts receivable 252 194
Customer allowance for credit losses (35) (36)
Customer accounts receivable, net 217 158
Other accounts receivable 98 92
Other allowance for credit losses (13) (14)
Other accounts receivable, net 85 78
Inventory, net    
Inventories, net 60 55
Prepaid utility taxes 9 0
Regulatory assets 102 125
Other 7 5
Total current assets 502 445
Property, plant and equipment, net 4,300 4,192
Deferred debits and other assets    
Regulatory assets 496 483
Prepaid pension asset 0 3
Other 31 34
Total deferred debits and other assets 527 520
Total assets 5,329 5,157
Current liabilities    
Short-term borrowings 169 199
Long-term debt due within one year 4 154
Accrued expenses 42 42
Customer deposits 23 23
Regulatory liabilities 8 6
PPA termination obligation 10 49
Total current liabilities 446 702
Long-term debt 1,931 1,679
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 809 771
Regulatory liabilities 148 140
Non-pension postretirement benefit obligations 2 4
Other 63 49
Total deferred credits and other liabilities 1,022 964
Total liabilities 3,399 3,345
Commitments and contingencies
Shareholders’ equity    
Common stock 1,915 1,830
Retained earnings 15 (18)
Total shareholders’ equity 1,930 1,812
Total liabilities and shareholders’ equity 5,329 5,157
Atlantic City Electric Company | Related Party    
Accounts receivable    
Receivables from affiliates 5 3
Current liabilities    
Accounts payable 19 25
Atlantic City Electric Company | Nonrelated Party    
Current liabilities    
Accounts payable 162 192
Other $ 9 $ 12