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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - PHI - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating revenues        
Revenues from alternative revenue programs $ (54) $ 108 $ (29) $ 513
Total operating revenues 6,154 5,980 17,557 16,360
Operating expenses        
Operating and maintenance 1,275 1,187 3,756 3,535
Depreciation and amortization 908 890 2,681 2,616
Taxes other than income taxes 395 383 1,127 1,063
Total operating expenses 4,961 4,857 14,348 13,429
Operating income 1,196 1,123 3,221 2,931
Other income and (deductions)        
Interest expense, net (490) (431) (1,428) (1,259)
Other, net 57 81 196 331
Total other income and (deductions) (439) (356) (1,250) (946)
Income before income taxes 757 767 1,971 1,985
Income taxes 50 67 158 274
Net income 707 700 1,813 1,711
Comprehensive income 683 734 1,803 1,753
Pepco Holdings LLC        
Operating revenues        
Revenues from alternative revenue programs 8 (15) 40 59
Total operating revenues 1,862 1,773 4,938 4,615
Operating expenses        
Operating and maintenance 275 288 780 815
Depreciation and amortization 235 257 716 741
Taxes other than income taxes 140 134 395 366
Total operating expenses 1,439 1,440 3,977 3,864
Operating income 423 333 961 751
Other income and (deductions)        
Interest expense, net (95) (80) (279) (238)
Other, net 22 28 79 80
Total other income and (deductions) (73) (52) (200) (158)
Income before income taxes 350 281 761 593
Income taxes 72 49 158 103
Net income 278 232 603 490
Comprehensive income 278 232 603 490
Pepco Holdings LLC | Related Party        
Operating revenues        
Operating revenues from affiliates 3 2 7 7
Operating expenses        
Operating and maintenance from affiliates 47 51 147 137
Electricity, US Regulated        
Operating revenues        
Electric operating revenues 6,012 5,684 16,379 14,579
Operating expenses        
Purchased power and/or fuel 2,349 2,364 6,483 5,766
Electricity, US Regulated | Pepco Holdings LLC        
Operating revenues        
Electric operating revenues 1,828 1,762 4,769 4,399
Operating expenses        
Purchased power and/or fuel 735 701 1,895 1,729
Natural Gas, US Regulated        
Operating revenues        
Electric operating revenues 196 188 1,207 1,268
Operating expenses        
Purchased power and/or fuel 34 33 301 449
Natural Gas, US Regulated | Pepco Holdings LLC        
Operating revenues        
Electric operating revenues 23 24 122 150
Operating expenses        
Purchased power and/or fuel $ 7 $ 9 $ 44 $ 76