Pepco Holdings Inc (POM) financial statements (2021 and earlier)

Company profile

Business Address SUITE 1300
State of Incorp. DE
Fiscal Year End December 31
SIC 4931 - Electric and Other Services Combined (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments25142325
Cash and cash equivalents25142325
Restricted cash and investments1425  
Inventory, net of allowances, customer advances and progress billings141141148156
Prepaid expense  40
Derivative instruments and hedges, assets   1
Prepaid expense and other current assets192
Assets held-for-sale1 
Income taxes receivable234 
Other current assets 6353
Other undisclosed current assets72(124)(113)(144)
Total current assets:1,2021,0841,3981,249
Noncurrent Assets
Nontrade receivables681
Property, plant and equipment11,30410,5069,7048,846
Long-term investments and receivables 4,2563,9353,897
Long-term investments 4,2563,9353,897
Intangible assets, net (including goodwill)1,4061,4071,4071,407
Derivative instruments and hedges   8
Regulated entity, other noncurrent assets2,2462,4092,0872,614
Assets held-in-trust   1,237
Restricted cash and investments18141417
Other noncurrent assets129166163
Prepaid expense and other noncurrent assets163
Deferred tax assets, net 3,2662,9283,176
Other undisclosed noncurrent assets15(7,522)(6,788)(6,838)
Total noncurrent assets:15,12414,58313,45014,527
TOTAL ASSETS:16,32615,66714,84815,776
Current Liabilities
Accounts payable and accrued liabilities, including:597575572574
Accounts payable175174215 
Accrued liabilities322313301 
Taxes payable51415675
Interest and dividends payable4947  
Other undisclosed accounts payable and accrued liabilities   499
Derivative instruments and hedges, liabilities   7
Liability for uncertainty in income taxes963979
Accrued environmental loss contingencies4   
Deferred tax liabilities 922
Other liabilities287314276273
Other undisclosed current liabilities4356891,218
Total current liabilities:2,3082,0652,3132,527
Noncurrent Liabilities
Long-term debt and lease obligation, including: 4,6704,3373,986
Long-term debt, excluding current maturities 4,4414,0533,648
Capital lease obligations 506070
Other undisclosed long-term debt and lease obligation 179224268
Liabilities, other than long-term debt9,4514,4819554,817
Deferred revenue and credits217161720
Pension and other postretirement defined benefit plans, liabilities322903
Deferred tax liabilities, net3,3933,266 3,176
Liability for uncertainty in income taxes 22815
Liability, pension and other postretirement and postemployment benefits681661
Accrued environmental loss contingencies29   
Regulatory liability308343399501
Other liabilities4,823193189191
Derivative instruments and hedges, liabilities   11
Total noncurrent liabilities:9,4519,1515,2928,803
Total liabilities:11,75911,2167,60511,330
Stockholders' equity
Stockholders' equity attributable to parent4,4134,3224,3154,446
Common stock3332
Additional paid in capital3,8293,8003,7513,383
Accumulated other comprehensive loss(36)(46)(34)(48)
Retained earnings6175655951,109
Total stockholders' equity:4,4134,3224,3154,446
Other undisclosed liabilities and equity1541292,928 
TOTAL LIABILITIES AND EQUITY:16,32615,66714,84815,776

Income statement (P&L) ($ in millions)

Revenue, net   5,040
Cost of revenue(322)(3,719)(3,488)(3,892)
Cost of goods and services sold(322)(1,751)(514)(3,416)
Gross profit:4,7011,1591,1781,189
Operating expenses(4,350)(555)(510)(519)
Other undisclosed operating income322   
Operating income:673604668670
Nonoperating expense(226)(224)(239)(229)
Investment income, nonoperating   40
Gain on contract termination   39
Other nonoperating income54443235
Interest and debt expense(280)(268)(273)(265)
Income from continuing operations before equity method investments, income taxes:167112156176
Income from equity method investments  21
Other undisclosed income from continuing operations before income taxes280268  
Income from continuing operations before income taxes:447380158177
Income tax expense(129)(138)(319)(599)
Income (loss) from continuing operations:318242(161)(422)
Income (loss) from discontinued operations9 (322) 
Net income (loss):327242(483)(422)
Other undisclosed net income attributable to parent  271707
Net income (loss) available to common stockholders, diluted:327242(212)285

Comprehensive Income ($ in millions)

Net income (loss):327242(483)(422)
Other comprehensive income (loss)10(12)815
Comprehensive income (loss):337230(475)(407)
Other undisclosed comprehensive income, net of tax, attributable to parent  277707
Comprehensive income (loss), net of tax, attributable to parent:337230(198)300

Statements sources

The financial statements are based on the company's filings with the 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.

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