v3.26.3
Consolidated Balance Sheets (Unaudited) - ACE - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,469 $ 626
Restricted cash 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
Inventory, net    
Regulatory assets 1,278 1,359
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
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
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
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
Atlantic City Electric Company    
Current assets    
Cash and cash equivalents 15 22
Restricted cash 4 2
Accounts receivable    
Customer accounts receivable 256 239
Customer allowance for credit losses (31) (27)
Customer accounts receivable, net 225 212
Other accounts receivable 86 64
Other allowance for credit losses (14) (13)
Other accounts receivable, net 72 51
Inventory, net    
Inventories, net 79 76
Prepaid utility taxes 14 0
Regulatory assets 70 93
Other 8 8
Total current assets 488 476
Property, plant and equipment, net 4,683 4,556
Deferred debits and other assets    
Regulatory assets 608 559
Other 55 41
Total deferred debits and other assets 663 600
Total assets 5,834 5,632
Current liabilities    
Short-term borrowings 0 148
Long-term debt due within one year 5 5
Accrued expenses 55 64
Customer deposits 27 26
Regulatory liabilities 103 48
Total current liabilities 439 496
Long-term debt 2,131 2,028
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 927 869
Regulatory liabilities 130 137
Other 76 74
Total deferred credits and other liabilities 1,133 1,080
Total liabilities 3,703 3,604
Commitments and contingencies
Shareholders’ equity    
Common stock 2,106 2,013
Retained earnings 25 15
Total shareholders’ equity 2,131 2,028
Total liabilities and shareholders’ equity 5,834 5,632
Atlantic City Electric Company | Related Party    
Accounts receivable    
Receivables from affiliates 1 12
Current liabilities    
Accounts payable 18 24
Other 24 0
Atlantic City Electric Company | Nonrelated Party    
Current liabilities    
Accounts payable 161 168
Other $ 46 $ 13