v3.25.2
Statements of Operations and Comprehensive Income (Unaudited) - BGE - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating revenues        
Revenues from alternative revenue programs $ (275) $ (80) $ (402) $ 25
Total operating revenues 5,427 5,361 12,141 11,403
Operating expenses        
Operating and maintenance 1,321 1,209 2,668 2,481
Depreciation and amortization 902 894 1,805 1,773
Taxes other than income taxes 383 360 788 731
Total operating expenses 4,502 4,455 9,679 9,386
Operating income 927 913 2,463 2,026
Other income and (deductions)        
Interest expense, net (524) (476) (1,028) (938)
Other, net 65 64 117 139
Total other income and (deductions) (466) (419) (923) (811)
Income before income taxes 461 494 1,540 1,215
Income taxes 70 46 240 109
Net income 391 448 1,300 1,106
Baltimore Gas and Electric Company        
Operating revenues        
Revenues from alternative revenue programs (13) (23) (43) 19
Total operating revenues 1,029 928 2,583 2,225
Operating expenses        
Operating and maintenance 201 188 443 392
Depreciation and amortization 154 162 318 312
Taxes other than income taxes 85 80 181 169
Total operating expenses 909 835 2,083 1,802
Operating income 120 93 500 423
Other income and (deductions)        
Interest expense, net (61) (53) (120) (103)
Other, net 11 8 20 16
Total other income and (deductions) (50) (45) (100) (87)
Income before income taxes 70 48 400 336
Income taxes 15 4 85 28
Net income 55 44 315 308
Comprehensive income 55 44 315 308
Baltimore Gas and Electric Company | Related Party        
Operating revenues        
Operating revenues from affiliates 2 2 4 5
Operating expenses        
Operating and maintenance from affiliates 63 62 125 122
Electricity, US Regulated        
Operating revenues        
Electric operating revenues 5,365 5,169 11,182 10,367
Operating expenses        
Purchased power and/or fuel 1,811 1,938 3,995 4,134
Electricity, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric operating revenues 856 799 1,877 1,656
Operating expenses        
Purchased power and/or fuel 367 323 818 700
Natural Gas, US Regulated        
Operating revenues        
Electric operating revenues 337 272 1,361 1,011
Operating expenses        
Purchased power and/or fuel 85 54 423 267
Natural Gas, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric operating revenues 184 150 745 545
Operating expenses        
Purchased power and/or fuel $ 39 $ 20 $ 198 $ 107