v3.26.1
Statements of Operations and Comprehensive Income (Unaudited) - BGE - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating revenues        
Revenues from alternative revenue programs $ (70) $ (275) $ (102) $ (402)
Total operating revenues 5,967 5,427 13,209 12,141
Operating expenses        
Operating and maintenance 1,386 1,321 2,852 2,668
Depreciation and amortization 968 902 1,920 1,805
Taxes other than income taxes 423 383 866 788
Total operating expenses 4,988 4,502 10,625 9,679
Operating income 979 927 2,584 2,463
Other income and (deductions)        
Interest expense, net (568) (524) (1,116) (1,028)
Other, net 90 65 159 117
Total other income and (deductions) (484) (466) (969) (923)
Income before income taxes 495 461 1,615 1,540
Income taxes 99 70 300 240
Net income 396 391 1,315 1,300
Baltimore Gas and Electric Company        
Operating revenues        
Revenues from alternative revenue programs 5 (13) (18) (43)
Total operating revenues 1,218 1,029 3,046 2,583
Operating expenses        
Operating and maintenance 222 201 481 443
Depreciation and amortization 166 154 334 318
Taxes other than income taxes 96 85 200 181
Total operating expenses 1,100 909 2,506 2,083
Operating income 118 120 540 500
Other income and (deductions)        
Interest expense, net (68) (61) (129) (120)
Other, net 22 11 38 20
Total other income and (deductions) (46) (50) (91) (100)
Income before income taxes 72 70 449 400
Income taxes 17 15 96 85
Net income 55 55 353 315
Comprehensive income 55 55 353 315
Baltimore Gas and Electric Company | Related Party        
Operating revenues        
Operating revenues from affiliates 3 2 5 4
Operating expenses        
Operating and maintenance from affiliates 71 63 138 125
Electricity, US Regulated        
Operating revenues        
Electric and natural gas operating revenues 5,710 5,365 11,868 11,182
Operating expenses        
Purchased power and/or fuel 2,132 1,811 4,515 3,995
Electricity, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric and natural gas operating revenues 1,044 856 2,302 1,877
Operating expenses        
Purchased power and/or fuel 522 367 1,152 818
Natural Gas, US Regulated        
Operating revenues        
Electric and natural gas operating revenues 327 337 1,443 1,361
Operating expenses        
Purchased power and/or fuel 79 85 472 423
Natural Gas, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric and natural gas operating revenues 166 184 757 745
Operating expenses        
Purchased power and/or fuel $ 23 $ 39 $ 201 $ 198