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Statements of Operations and Comprehensive Income (Unaudited) - BGE - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating revenues        
Revenues from alternative revenue programs $ (54) $ 108 $ (29) $ 513
Total operating revenues 6,154 5,980 17,557 16,360
Operating expenses        
Operating and maintenance 1,275 1,187 3,756 3,535
Depreciation and amortization 908 890 2,681 2,616
Taxes other than income taxes 395 383 1,127 1,063
Total operating expenses 4,961 4,857 14,348 13,429
Operating income 1,196 1,123 3,221 2,931
Other income and (deductions)        
Interest expense, net (490) (431) (1,428) (1,259)
Other, net 57 81 196 331
Total other income and (deductions) (439) (356) (1,250) (946)
Income before income taxes 757 767 1,971 1,985
Income taxes 50 67 158 274
Net income 707 700 1,813 1,711
Baltimore Gas and Electric Company        
Operating revenues        
Revenues from alternative revenue programs 9 (22) 28 47
Total operating revenues 1,044 932 3,268 2,986
Operating expenses        
Operating and maintenance 221 156 613 467
Depreciation and amortization 162 161 474 487
Taxes other than income taxes 86 80 254 239
Total operating expenses 949 835 2,751 2,503
Operating income 95 97 517 483
Other income and (deductions)        
Interest expense, net (57) (47) (159) (135)
Other, net 11 6 27 14
Total other income and (deductions) (46) (41) (132) (121)
Income before income taxes 49 56 385 362
Income taxes 4 11 32 76
Net income 45 45 353 286
Comprehensive income 45 45 353 286
Baltimore Gas and Electric Company | Related Party        
Operating revenues        
Operating revenues from affiliates 3 2 7 6
Operating expenses        
Operating and maintenance from affiliates 60 58 182 165
Electricity, US Regulated        
Operating revenues        
Electric operating revenues 6,012 5,684 16,379 14,579
Operating expenses        
Purchased power and/or fuel 2,349 2,364 6,483 5,766
Electricity, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric operating revenues 928 856 2,585 2,306
Operating expenses        
Purchased power and/or fuel 407 371 1,108 975
Natural Gas, US Regulated        
Operating revenues        
Electric operating revenues 196 188 1,207 1,268
Operating expenses        
Purchased power and/or fuel 34 33 301 449
Natural Gas, US Regulated | Baltimore Gas and Electric Company        
Operating revenues        
Electric operating revenues 104 96 648 627
Operating expenses        
Purchased power and/or fuel $ 13 $ 9 $ 120 $ 170