ATLANTIC CITY ELECTRIC CO
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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FY2025 · Filed Feb 12, 2026
EXC$45.65+0.1%Stored close · as of Nov 9, 2026
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Item 8. Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (In millions) | 2025 | 2024 |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $22 | $14 |
| Restricted cash and cash equivalents | 2 | — |
| Accounts receivable | ||
| Customer accounts receivable | 239 | 223 |
| Customer allowance for credit losses | (27) | (32) |
| Customer accounts receivable, net | 212 | 191 |
| Other accounts receivable | 64 | 79 |
| Other allowance for credit losses | (13) | (13) |
| Other accounts receivable, net | 51 | 66 |
| Receivables from affiliates | 12 | 7 |
| Inventories, net | 76 | 62 |
| Regulatory assets | 93 | 101 |
| Other | 8 | 6 |
| Total current assets | 476 | 447 |
| Property, plant, and equipment, (net of accumulated depreciation and amortization of $1,956 and $1,798 as of December 31, 2025 and 2024, respectively) | 4,556 | 4,366 |
| Deferred debits and other assets | ||
| Regulatory assets | 559 | 502 |
| Other | 41 | 34 |
| Total deferred debits and other assets | 600 | 536 |
| Total assets | $5,632 | $5,349 |
| December 31, | ||
|---|---|---|
| (In millions) | 2025 | 2024 |
| LIABILITIES AND SHAREHOLDER'S EQUITY | ||
| Current liabilities | ||
| Short-term borrowings | $148 | $186 |
| Long-term debt due within one year | 5 | 154 |
| Accounts payable | 168 | 163 |
| Accrued expenses | 64 | 52 |
| Payables to affiliates | 24 | 22 |
| Customer deposits | 26 | 24 |
| Regulatory liabilities | 48 | 10 |
| Other | 13 | 10 |
| Total current liabilities | 496 | 621 |
| Long-term debt | 2,028 | 1,779 |
| Deferred credits and other liabilities | ||
| Deferred income taxes and unamortized investment tax credits | 869 | 816 |
| Regulatory liabilities | 137 | 146 |
| Other | 74 | 62 |
| Total deferred credits and other liabilities | 1,080 | 1,024 |
| Total liabilities | 3,604 | 3,424 |
| Commitments and contingencies | ||
| Shareholder's equity | ||
| Common stock ($3.00 par value, 25 shares authorized, 9 shares outstanding as of December 31, 2025 and 2024) | 2,013 | 1,915 |
| Retained earnings | 15 | 10 |
| Total shareholder's equity | 2,028 | 1,925 |
| Total liabilities and shareholder's equity | $5,632 | $5,349 |
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