v3.26.3
Balance Sheets (Unaudited) - BGE - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,469 $ 626
Restricted cash and cash equivalents 602 525
Accounts receivable    
Customer accounts receivable 3,669 3,732
Customer allowance for credit losses (507) (435)
Customer accounts receivable, net 3,162 3,297
Other accounts receivable 1,574 1,879
Other allowance for credit losses (96) (94)
Other accounts receivable, net 1,478 1,785
Inventories, net    
Fossil fuel 99 88
Materials and supplies 863 780
Regulatory assets 1,278 1,359
Prepaid renewable energy credits 466 563
Other 523 523
Total current assets 9,940 9,546
Property, plant and equipment, net 88,557 84,318
Deferred debits and other assets    
Regulatory assets 9,560 9,214
Investments 336 312
Other 2,018 1,795
Total deferred debits and other assets 23,740 22,706
Total assets 122,237 116,570
Current liabilities    
Short-term borrowings 934 612
Long-term debt due within one year 1,078 1,665
Accrued expenses 1,692 1,582
Customer deposits 609 533
Regulatory liabilities 551 1,128
Renewable energy credit obligations 364 473
Other 675 577
Total current liabilities 9,644 10,331
Long-term debt 50,791 47,413
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 14,596 13,715
Regulatory liabilities 11,684 11,016
Asset retirement obligations 318 321
Non-pension postretirement benefit obligations 572 546
Other 2,573 2,169
Total deferred credits and other liabilities 31,280 29,638
Total liabilities 92,105 87,772
Commitments and contingencies
Shareholders’ equity    
Common stock 22,663 22,106
Retained earnings 8,325 7,577
Total shareholders’ equity 30,132 28,798
Total liabilities and shareholders’ equity 122,237 116,570
Related Party    
Current liabilities    
Accounts payable 5 5
Nonrelated Party    
Current liabilities    
Accounts payable 3,711 3,721
Baltimore Gas and Electric Company    
Current assets    
Cash and cash equivalents 842 217
Restricted cash and cash equivalents 3 3
Accounts receivable    
Customer accounts receivable 889 887
Customer allowance for credit losses (131) (68)
Customer accounts receivable, net 758 819
Other accounts receivable 147 100
Other allowance for credit losses (3) (4)
Other accounts receivable, net 144 96
Inventories, net    
Fossil fuel 44 36
Materials and supplies 88 74
Prepaid utility taxes 76 126
Regulatory assets 90 175
Prepaid renewable energy credits 135 189
Other 18 14
Total current assets 2,198 1,750
Property, plant and equipment, net 15,172 14,385
Deferred debits and other assets    
Regulatory assets 790 804
Investments 15 10
Prepaid pension asset 213 194
Total deferred debits and other assets 1,071 1,049
Total assets 18,441 17,184
Current liabilities    
Long-term debt due within one year 0 350
Accrued expenses 231 352
Customer deposits 121 125
Regulatory liabilities 48 31
Renewable energy credit obligations 143 194
Total current liabilities 1,310 1,770
Long-term debt 6,610 5,691
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,509 2,242
Regulatory liabilities 553 595
Asset retirement obligations 33 36
Non-pension postretirement benefit obligations 137 144
Other 113 104
Total deferred credits and other liabilities 3,345 3,121
Total liabilities 11,265 10,582
Commitments and contingencies
Shareholders’ equity    
Common stock 4,486 4,014
Retained earnings 2,690 2,588
Total shareholders’ equity 7,176 6,602
Total liabilities and shareholders’ equity 18,441 17,184
Baltimore Gas and Electric Company | Related Party    
Accounts receivable    
Receivables from affiliates 0 1
Current liabilities    
Accounts payable 35 39
Baltimore Gas and Electric Company | Nonrelated Party    
Deferred debits and other assets    
Other 53 41
Current liabilities    
Accounts payable 670 640
Other $ 62 $ 39