v3.26.3
Statements of Operations and Comprehensive Income (Unaudited) - BGE - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating revenues        
Revenues from alternative revenue programs $ (35) $ (220) $ (138) $ (621)
Total operating revenues 7,319 6,705 20,528 18,846
Operating expenses        
Operating and maintenance 1,564 1,172 4,416 3,840
Depreciation and amortization 991 912 2,910 2,717
Taxes other than income taxes 468 429 1,335 1,216
Total operating expenses 5,940 5,205 16,565 14,884
Operating income 1,379 1,500 3,963 3,963
Other income and (deductions)        
Interest expense, net (587) (531) (1,702) (1,560)
Other, net 97 68 256 185
Total other income and (deductions) (496) (470) (1,465) (1,393)
Income before income taxes 883 1,030 2,498 2,570
Income taxes 154 155 454 396
Net income 729 875 2,044 2,174
Baltimore Gas and Electric Company        
Operating revenues        
Revenues from alternative revenue programs (18) (20) (35) (63)
Total operating revenues 1,363 1,209 4,409 3,791
Operating expenses        
Operating and maintenance 236 179 716 621
Depreciation and amortization 161 155 496 473
Taxes other than income taxes 100 93 301 273
Total operating expenses 1,203 1,055 3,709 3,137
Operating income 160 154 700 654
Other income and (deductions)        
Interest expense, net (73) (64) (202) (183)
Other, net 26 15 64 35
Total other income and (deductions) (47) (49) (138) (148)
Income before income taxes 113 105 562 506
Income taxes 23 23 119 108
Net income 90 82 443 398
Comprehensive income 90 82 443 398
Baltimore Gas and Electric Company | Related Party        
Operating revenues        
Operating revenues from affiliates 2 2 7 6
Operating expenses        
Operating and maintenance from affiliates 56 60 194 186
Electricity, US Regulated        
Operating revenues        
Electric and natural gas operating revenues 7,103 6,690 18,971 17,872
Operating expenses        
Purchased power and/or fuel 2,865 2,645 7,380 6,640
Electricity, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric and natural gas operating revenues 1,252 1,102 3,554 2,978
Operating expenses        
Purchased power and/or fuel 636 547 1,787 1,365
Natural Gas, US Regulated        
Operating revenues        
Electric and natural gas operating revenues 251 235 1,695 1,595
Operating expenses        
Purchased power and/or fuel 52 47 524 471
Natural Gas, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric and natural gas operating revenues 127 125 883 870
Operating expenses        
Purchased power and/or fuel $ 14 $ 21 $ 215 $ 219