v3.26.1
Statements of Operations and Comprehensive Income (Unaudited) - Pepco - 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
Gain on sale of assets 0 2 0 1
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
Related Party        
Other income and (deductions)        
Interest expense to affiliates, net (6) (7) (12) (12)
Potomac Electric Power Company        
Operating revenues        
Revenues from alternative revenue programs (15) (16) (14) (14)
Total operating revenues 859 776 1,849 1,635
Operating expenses        
Operating and maintenance 118 91 270 187
Depreciation and amortization 114 107 228 212
Taxes other than income taxes 113 109 231 222
Total operating expenses 733 627 1,595 1,321
Gain on sale of assets 0 2 0 1
Operating income 126 151 254 315
Other income and (deductions)        
Interest expense, net (56) (54) (111) (106)
Other, net 12 9 23 20
Total other income and (deductions) (44) (45) (88) (86)
Income before income taxes 82 106 166 229
Income taxes 17 22 33 48
Net income 65 84 133 181
Comprehensive income 65 84 133 181
Potomac Electric Power Company | Related Party        
Operating revenues        
Operating revenues from affiliates 1 1 4 4
Operating expenses        
Operating and maintenance from affiliates 72 64 139 126
Electricity, US Regulated        
Operating revenues        
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 | Potomac Electric Power Company        
Operating revenues        
Operating revenues 873 791 1,859 1,645
Operating expenses        
Purchased power and/or fuel 316 256 727 574
Natural Gas, US Regulated        
Operating revenues        
Operating revenues 327 337 1,443 1,361
Operating expenses        
Purchased power and/or fuel $ 79 $ 85 $ 472 $ 423