Constellation Energy Corporation (CEG) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1310 POINT STREET BALTIMORE, MD 21231 |
| State of Incorp. | PA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4911 - Electric Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 311 | 562 | 368 | 1,889 | 269 | 237 | |||
| Cash and cash equivalents | 311 | 562 | 368 | 1,889 | 269 | 237 | |||
| Restricted cash and investments | 72 | 83 | 86 | 88 | 56 | 99 | |||
| Receivables | 2,211 | 2,327 | 3,080 | 2,264 | 1,952 | 2,689 | |||
| Inventory, net of allowances, customer advances and progress billings | 201 | 179 | 284 | 289 | 278 | 259 | |||
| Inventory | 201 | 179 | 284 | 289 | 278 | 259 | |||
| Contract with customer, asset, after allowance for credit loss | 93 | 81 | 82 | 69 | 89 | 150 | |||
| Derivative instruments and hedges, assets | 935 | 1,232 | 1,179 | 1,467 | 1,733 | 1,952 | |||
| Other current assets | 2,394 | 2,066 | 1,655 | 2,179 | 1,742 | 1,067 | |||
| Other undisclosed current assets | 1,635 | 1,930 | 1,565 | 1,657 | 1,456 | 1,655 | |||
| Total current assets: | 7,852 | 8,460 | 8,299 | 9,902 | 7,575 | 8,108 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 21,973 | 22,446 | 22,116 | 20,849 | 20,239 | 20,074 | |||
| Long-term investments and receivables | 584 | 623 | 563 | 727 | 647 | 223 | |||
| Long-term investments | 584 | 623 | 563 | 727 | 647 | 223 | |||
| Intangible assets, net (including goodwill) | 420 | 425 | 425 | ||||||
| Goodwill | 420 | 425 | 425 | ||||||
| Derivative instruments and hedges | 993 | 774 | 995 | 970 | 1,067 | 1,125 | |||
| Regulated entity, other noncurrent assets | 16,883 | 16,916 | 16,398 | 14,573 | 14,821 | 14,606 | |||
| Deferred income tax assets | 25 | 38 | 52 | 43 | 43 | 45 | |||
| Other noncurrent assets | 2,610 | 2,332 | 1,910 | 1,901 | 2,167 | 1,977 | |||
| Total noncurrent assets: | 43,488 | 43,554 | 42,459 | 39,063 | 38,984 | 38,050 | |||
| TOTAL ASSETS: | 51,340 | 52,014 | 50,758 | 48,965 | 46,559 | 46,158 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,422 | 2,417 | 2,612 | 2,252 | 2,004 | 2,301 | |||
| Accounts payable | 1,360 | 1,309 | 1,302 | 1,317 | 1,260 | 1,558 | |||
| Accrued liabilities | 201 | 370 | 399 | 744 | 743 | ||||
| Other undisclosed accounts payable and accrued liabilities | 861 | 738 | 911 | 935 | |||||
| Debt | 1,715 | 1,631 | 1,765 | 643 | 1,045 | 866 | |||
| Derivative instruments and hedges, liabilities | 563 | 667 | 632 | 1,108 | 1,179 | 1,573 | |||
| Other liabilities | 371 | 312 | 338 | 403 | 324 | 342 | |||
| Other undisclosed current liabilities | 730 | 895 | 972 | 857 | 673 | 865 | |||
| Total current liabilities: | 5,801 | 5,922 | 6,319 | 5,263 | 5,225 | 5,947 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,409 | 8,352 | 7,496 | 7,512 | 6,156 | 5,763 | |||
| Long-term debt, excluding current maturities | 7,409 | 8,352 | 7,496 | 7,512 | 6,156 | 5,763 | |||
| Liabilities, other than long-term debt | 9,462 | 8,694 | 5,564 | 7,185 | 7,392 | 7,549 | |||
| Accounts payable and accrued liabilities | 4,310 | 3,874 | 2,923 | 3,120 | |||||
| Accumulated deferred investment tax credit | 339 | ||||||||
| Asset retirement obligations | 1,331 | 1,313 | 1,296 | 1,278 | 1,260 | 1,244 | |||
| Liability, pension and other postretirement and postemployment benefits | 1,626 | 1,634 | 1,802 | 1,252 | 1,276 | 1,278 | |||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 3,069 | ||
| Other liabilities | 1,640 | 1,393 | 1,125 | 1,196 | 1,123 | 1,258 | |||
| Operating lease, liability | 583 | ||||||||
| Derivative instruments and hedges, liabilities | 555 | 480 | 419 | 536 | 613 | 700 | |||
| Other undisclosed noncurrent liabilities | 16,887 | 17,486 | 20,093 | 17,005 | 16,174 | 15,813 | |||
| Total noncurrent liabilities: | 33,758 | 34,532 | 33,153 | 31,702 | 29,722 | 29,125 | |||
| Total liabilities: | 39,559 | 40,454 | 39,472 | 36,965 | 34,947 | 35,072 | |||
| Equity | |||||||||
| Equity, attributable to parent | 11,425 | 11,199 | 10,925 | 11,666 | 11,256 | 10,728 | |||
| Common stock | 11,350 | 11,847 | 12,355 | 12,576 | 12,808 | 13,029 | |||
| Accumulated other comprehensive loss | (2,161) | (2,180) | (2,191) | (1,797) | (1,800) | (1,808) | |||
| Retained earnings (accumulated deficit) | 2,236 | 1,532 | 761 | 887 | 248 | (493) | |||
| Equity, attributable to noncontrolling interest | 356 | 361 | 361 | 334 | 356 | 358 | |||
| Total equity: | 11,781 | 11,560 | 11,286 | 12,000 | 11,612 | 11,086 | |||
| TOTAL LIABILITIES AND EQUITY: | 51,340 | 52,014 | 50,758 | 48,965 | 46,559 | 46,158 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,475 | 6,161 | 5,796 | 6,111 | 5,446 | 7,565 | ||
| Cost of revenue | (4,198) | (4,782) | (5,728) | (4,947) | (4,602) | (7,428) | ||
| Cost of goods and services sold | (2,588) | (3,723) | (4,306) | (3,633) | (3,161) | (5,996) | ||
| Gross profit: | 1,277 | 1,379 | 68 | 1,164 | 844 | 137 | ||
| Operating expenses | (177) | (566) | (134) | (187) | (175) | (132) | ||
| Other undisclosed operating income (loss) | (1) | 26 | ||||||
| Operating income (loss): | 1,100 | 813 | (67) | 977 | 669 | 31 | ||
| Nonoperating income (expense) | (136) | 235 | 210 | (82) | 502 | 207 | ||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | 14 | |||||||
| Other nonoperating income (expense) | 6 | 362 | 349 | (24) | 605 | 314 | ||
| Interest and debt expense | (142) | (127) | (139) | (82) | (103) | (107) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 142 | 127 | 139 | 82 | 103 | 107 | ||
| Income from continuing operations before equity method investments, income taxes: | 964 | 1,048 | 143 | 895 | 1,171 | 238 | ||
| Loss from equity method investments | (1) | (5) | (5) | |||||
| Income from continuing operations before income taxes: | 963 | 1,048 | 143 | 895 | 1,166 | 233 | ||
| Income tax expense | (154) | (165) | (182) | (205) | (342) | (131) | ||
| Net income (loss): | 809 | 883 | (39) | 690 | 824 | 102 | ||
| Net income (loss) attributable to noncontrolling interest | 5 | 2 | 41 | 9 | (6) | |||
| Net income (loss) available to common stockholders, diluted: | 814 | 883 | (37) | 731 | 833 | 96 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 809 | 883 | (39) | 690 | 824 | 102 | ||
| Other comprehensive income (loss) | 19 | 11 | (394) | 3 | 8 | (48) | ||
| Comprehensive income (loss): | 828 | 894 | (433) | 693 | 832 | 54 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 5 | 2 | 41 | 9 | (6) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 833 | 894 | (431) | 734 | 841 | 48 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.