v3.25.2
Balance Sheets (Unaudited) - BGE - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 724 $ 357
Restricted cash and cash equivalents 478 541
Accounts receivable    
Customer accounts receivable 3,529 3,144
Customer allowance for credit losses (465) (406)
Customer accounts receivable, net 3,064 2,738
Other accounts receivable 1,156 1,123
Other allowance for credit losses (107) (107)
Other accounts receivable, net 1,049 1,016
Inventories, net    
Fossil fuel 59 72
Materials and supplies 809 781
Regulatory assets 1,668 1,940
Prepaid renewable energy credits 349 494
Other 476 445
Total current assets 8,676 8,384
Property, plant and equipment, net 80,609 78,182
Deferred debits and other assets    
Regulatory assets 8,835 8,710
Investments 297 290
Other 1,689 1,562
Total deferred debits and other assets 21,862 21,218
Total assets 111,147 107,784
Current liabilities    
Short-term borrowings 1,109 1,859
Accrued expenses 1,318 1,468
Customer deposits 486 446
Regulatory liabilities 485 411
Renewable energy credit obligations 327 429
Other 536 512
Total current liabilities 9,156 9,611
Long-term debt 45,527 42,947
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 13,221 12,793
Regulatory liabilities 10,644 10,198
Asset retirement obligations 308 301
Non-pension postretirement benefit obligations 486 472
Other 2,180 2,282
Total deferred credits and other liabilities 28,454 27,915
Total liabilities 83,527 80,863
Commitments and contingencies
Shareholders’ equity    
Common stock 21,544 21,338
Retained earnings 6,917 6,426
Total shareholders’ equity 27,620 26,921
Total liabilities and shareholders’ equity 111,147 107,784
Related Party    
Current liabilities    
Accounts payable 5 5
Nonrelated Party    
Current liabilities    
Accounts payable 3,043 2,994
Baltimore Gas and Electric Company    
Current assets    
Cash and cash equivalents 236 33
Restricted cash and cash equivalents 5 1
Accounts receivable    
Customer accounts receivable 681 654
Customer allowance for credit losses (66) (56)
Customer accounts receivable, net 615 598
Other accounts receivable 91 113
Other allowance for credit losses (5) (6)
Other accounts receivable, net 86 107
Inventories, net    
Fossil fuel 28 29
Materials and supplies 77 84
Prepaid utility taxes 1 115
Regulatory assets 199 207
Prepaid renewable energy credits 92 157
Other 16 17
Total current assets 1,355 1,348
Property, plant and equipment, net 13,620 13,134
Deferred debits and other assets    
Regulatory assets 792 788
Investments 9 10
Prepaid pension asset 219 218
Total deferred debits and other assets 1,069 1,060
Total assets 16,044 15,542
Current liabilities    
Short-term borrowings 0 175
Accrued expenses 158 176
Customer deposits 121 118
Regulatory liabilities 20 12
Renewable energy credit obligations 94 160
Total current liabilities 923 1,243
Long-term debt 6,040 5,395
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,174 2,099
Regulatory liabilities 621 636
Asset retirement obligations 36 36
Non-pension postretirement benefit obligations 144 150
Other 101 97
Total deferred credits and other liabilities 3,076 3,018
Total liabilities 10,039 9,656
Commitments and contingencies
Shareholders’ equity    
Common stock 3,483 3,483
Retained earnings 2,522 2,403
Total shareholders’ equity 6,005 5,886
Total liabilities and shareholders’ equity 16,044 15,542
Baltimore Gas and Electric Company | Related Party    
Current liabilities    
Accounts payable 36 48
Baltimore Gas and Electric Company | Nonrelated Party    
Deferred debits and other assets    
Other 49 44
Current liabilities    
Accounts payable 449 515
Other $ 45 $ 39