v3.26.3
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - PHI - 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
Gain on sale of assets 0 0 0 1
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
Comprehensive income 746 878 2,073 2,179
Related Party        
Other income and (deductions)        
Interest expense to affiliates, net (6) (7) (19) (18)
Pepco Holdings LLC        
Operating revenues        
Revenues from alternative revenue programs (3) 6 (51) (27)
Total operating revenues 2,260 2,051 6,002 5,408
Operating expenses        
Operating and maintenance 510 290 1,212 876
Depreciation and amortization 250 234 741 701
Taxes other than income taxes 150 150 445 426
Total operating expenses 1,939 1,591 5,148 4,346
Gain on sale of assets 0 0 0 1
Operating income 321 460 854 1,063
Other income and (deductions)        
Interest expense, net (110) (102) (323) (303)
Other, net 23 18 62 54
Total other income and (deductions) (88) (84) (264) (251)
Income before income taxes 233 376 590 812
Income taxes 46 85 125 184
Net income 187 291 465 628
Comprehensive income 187 291 465 628
Pepco Holdings LLC | Related Party        
Operating revenues        
Operating revenues from affiliates 5 2 10 7
Operating expenses        
Operating and maintenance from affiliates 39 45 157 148
Other income and (deductions)        
Interest expense to affiliates, net (1) 0 (3) (2)
Electricity, US Regulated        
Operating revenues        
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 | Pepco Holdings LLC        
Operating revenues        
Operating revenues 2,218 2,016 5,846 5,280
Operating expenses        
Purchased power and/or fuel 971 864 2,501 2,138
Natural Gas, US Regulated        
Operating revenues        
Operating revenues 251 235 1,695 1,595
Operating expenses        
Purchased power and/or fuel 52 47 524 471
Natural Gas, US Regulated | Pepco Holdings LLC        
Operating revenues        
Operating revenues 40 27 197 148
Operating expenses        
Purchased power and/or fuel $ 19 $ 8 $ 92 $ 57