v3.25.2
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - PHI - 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
Gain on sale of assets 2 7 1 9
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
Comprehensive income 391 448 1,302 1,120
Related Party        
Other income and (deductions)        
Interest expense to affiliates, net (7) (7) (12) (12)
Pepco Holdings LLC        
Operating revenues        
Revenues from alternative revenue programs (29) (14) (32) 32
Total operating revenues 1,579 1,471 3,357 3,077
Operating expenses        
Operating and maintenance 291 231 586 506
Depreciation and amortization 233 235 467 481
Taxes other than income taxes 136 126 276 254
Total operating expenses 1,310 1,204 2,754 2,539
Gain on sale of assets 2 0 1 0
Operating income 271 267 604 538
Other income and (deductions)        
Interest expense, net (102) (92) (201) (183)
Other, net 17 29 35 57
Total other income and (deductions) (86) (63) (168) (126)
Income before income taxes 185 204 436 412
Income taxes 42 46 99 86
Net income 143 158 337 326
Comprehensive income 143 158 337 326
Pepco Holdings LLC | Related Party        
Operating revenues        
Operating revenues from affiliates 2 2 5 4
Operating expenses        
Operating and maintenance from affiliates 49 50 103 101
Other income and (deductions)        
Interest expense to affiliates, net (1) 0 (2) 0
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 | Pepco Holdings LLC        
Operating revenues        
Electric operating revenues 1,573 1,455 3,264 2,941
Operating expenses        
Purchased power and/or fuel 590 553 1,273 1,160
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 | Pepco Holdings LLC        
Operating revenues        
Electric operating revenues 33 28 120 100
Operating expenses        
Purchased power and/or fuel $ 11 $ 9 $ 49 $ 37