v3.25.2
Statements of Cash Flows (Unaudited) - DPL - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 1,300 $ 1,106
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion 1,806 1,774
Deferred income taxes and amortization of investment tax credits 165 72
Other non-cash operating activities 734 246
Changes in assets and liabilities:    
Accounts receivable (460) (443)
Inventories (20) (25)
Accounts payable and accrued expenses (38) (120)
Collateral received, net 14 13
Income taxes (3) (39)
Regulatory assets and liabilities, net (294) 265
Payment for Pension and Other Postretirement Benefits (302) (125)
Other assets and liabilities (194) (261)
Net cash flows provided by operating activities 2,711 2,454
Cash flows from investing activities    
Capital expenditures (3,959) (3,466)
Net cash flows used in investing activities (3,962) (3,467)
Cash flows from financing activities    
Changes in short-term borrowings (750) (670)
Issuance of long-term debt 3,800 4,225
Repayments of Long-Term Debt (807) (903)
Dividends paid on common stock (808) (761)
Other financing activities (56) (67)
Net cash flows provided by financing activities 1,563 1,447
Decrease in cash, restricted cash, and cash equivalents 312 434
Cash, restricted cash, and cash equivalents at beginning of period 939 1,101
Cash, restricted cash, and cash equivalents at end of period 1,251 1,535
Supplemental cash flow information    
Decrease in capital expenditures not paid (100) (74)
Delmarva Power and Light Company    
Cash flows from operating activities    
Net income 108 101
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion 126 122
Deferred income taxes and amortization of investment tax credits 15 7
Other non-cash operating activities 30 15
Changes in assets and liabilities:    
Accounts receivable 11 4
Receivables from and payables to affiliates, net (3) 2
Inventories (11) (10)
Accounts payable and accrued expenses 3 38
Collateral received, net 3 0
Income taxes (2) (24)
Regulatory assets and liabilities, net (22) (26)
Payment for Pension and Other Postretirement Benefits (1) 0
Other assets and liabilities 24 21
Net cash flows provided by operating activities 281 250
Cash flows from investing activities    
Capital expenditures (277) (268)
Changes in PHI intercompany money pool 0 (125)
Net cash flows used in investing activities (277) (393)
Cash flows from financing activities    
Changes in short-term borrowings (142) (63)
Issuance of long-term debt 125 175
Dividends paid on common stock (90) (84)
Contributions from parent 99 154
Other financing activities (5) (4)
Net cash flows provided by financing activities (13) 178
Decrease in cash, restricted cash, and cash equivalents (9) 35
Cash, restricted cash, and cash equivalents at beginning of period 23 16
Cash, restricted cash, and cash equivalents at end of period 14 51
Supplemental cash flow information    
Decrease in capital expenditures not paid (45) (2)
Potomac Electric Power Company    
Cash flows from operating activities    
Net income 181 183
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion 212 205
Deferred income taxes and amortization of investment tax credits 14 10
Other non-cash operating activities 46 (23)
Changes in assets and liabilities:    
Accounts receivable (73) (30)
Receivables from and payables to affiliates, net 0 7
Inventories (18) (12)
Accounts payable and accrued expenses 17 47
Collateral received, net 2 0
Income taxes (38) (45)
Regulatory assets and liabilities, net (27) (48)
Payment for Pension and Other Postretirement Benefits (6) (5)
Other assets and liabilities 6 (34)
Net cash flows provided by operating activities 316 255
Cash flows from investing activities    
Capital expenditures (469) (454)
Changes in PHI intercompany money pool 0 57
Net cash flows used in investing activities (467) (511)
Cash flows from financing activities    
Changes in short-term borrowings (51) (132)
Issuance of long-term debt 200 675
Repayments of Long-Term Debt 0 (400)
Dividends paid on common stock (158) (153)
Contributions from parent 157 251
Other financing activities (4) (17)
Net cash flows provided by financing activities 144 224
Decrease in cash, restricted cash, and cash equivalents (7) (32)
Cash, restricted cash, and cash equivalents at beginning of period 51 72
Cash, restricted cash, and cash equivalents at end of period 44 40
Supplemental cash flow information    
Decrease in capital expenditures not paid (64) (18)
Pepco Holdings LLC    
Cash flows from operating activities    
Net income 337 326
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion 467 481
Deferred income taxes and amortization of investment tax credits 47 26
Other non-cash operating activities 128 47
Changes in assets and liabilities:    
Accounts receivable (80) (77)
Receivables from and payables to affiliates, net (14) 3
Inventories (37) (25)
Accounts payable and accrued expenses 39 90
Collateral received, net 8 2
Income taxes (34) (54)
Regulatory assets and liabilities, net (76) (126)
Payment for Pension and Other Postretirement Benefits (45) (75)
Other assets and liabilities (39) (81)
Net cash flows provided by operating activities 701 537
Cash flows from investing activities    
Capital expenditures (1,108) (903)
Net cash flows used in investing activities (1,106) (903)
Cash flows from financing activities    
Changes in short-term borrowings (300) (394)
Issuance of long-term debt 425 925
Repayments of Long-Term Debt 0 (400)
Other financing activities (13) (25)
Net cash flows provided by financing activities 339 303
Decrease in cash, restricted cash, and cash equivalents (66) (63)
Cash, restricted cash, and cash equivalents at beginning of period 163 204
Cash, restricted cash, and cash equivalents at end of period 97 141
Supplemental cash flow information    
Decrease in capital expenditures not paid $ (137) $ (25)