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Supplemental Financial Information (Tables)
 9 Months Ended
Sep. 30, 2023
Supplemental Financial Information [Abstract]  
Taxes Other Than Income Taxes
The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Operations and Comprehensive Income:
Taxes other than income taxes
ExelonComEdPECOBGEPHIPepcoDPLACE
Three Months Ended September 30, 2023
Utility taxes(a)
$244 $82 $50 $23 $89 $82 $6 $1 
Property104 9 4 53 38 25 12 1 
Payroll31 8 4 5 7 2 1 1 
Three Months Ended September 30, 2022
Utility taxes(a)
$244 $84 $51 $22 $87 $79 $7 $1 
Property99 10 4 50 35 23 11 1 
Payroll28 7 5 4 7 2 1 — 
Nine Months Ended September 30, 2023
Utility taxes(a)
$665 $228 $128 $73 $236 $213 $20 $3 
Property300 27 12 153 108 73 34 1 
Payroll93 22 13 14 22 5 3 3 
Nine Months Ended September 30, 2022
Utility taxes(a)
$667 $233 $126 $70 $238 $216 $19 $3 
Property287 30 12 142 103 70 31 2 
Payroll92 21 14 13 21 5 4 2 
_________
(a)The Registrants' utility taxes represent municipal and state utility taxes and gross receipts taxes related to their operating revenues. The offsetting collection of utility taxes from customers is recorded in revenues in the Registrants’ Consolidated Statements of Operations and Comprehensive Income.
Schedule of Other Nonoperating Income, by Component
Other, Net
ExelonComEdPECOBGE PHIPepcoDPLACE
Three Months Ended September 30, 2023
AFUDC — Equity$40 $7 $10 $4 $19 $15 $3 $1 
Non-service net periodic benefit cost(18)— — — — — — — 
Three Months Ended September 30, 2022
AFUDC — Equity$38 $10 $7 $5 $16 $12 $2 $2 
Non-service net periodic benefit cost16 — — — — — — — 
Nine Months Ended September 30, 2023
AFUDC — Equity$113 $25 $22 $11 $55 $42 $7 $6 
Non-service net periodic benefit cost(18)— — — — — — — 
Nine Months Ended September 30, 2022
AFUDC — Equity$112 $28 $22 $17 $45 $35 $5 $5 
Non-service net periodic benefit cost48 — — — — — — — 
Schedule of Cash Flow, Supplemental Disclosures
The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Cash Flows.
Depreciation, amortization, and accretion
Exelon(a)
ComEdPECOBGEPHIPepcoDPLACE
Nine Months Ended September 30, 2023
Property, plant, and equipment(b)
$2,073 $815 $287 $381 $550 $232 $155 $145 
Amortization of regulatory assets(b)
537 230 10 106 191 97 27 67 
Amortization of intangible assets, net(b)
6 — — — — — — — 
Total depreciation and amortization$2,616 $1,045 $297 $487 $741 $329 $182 $212 
Nine Months Ended September 30, 2022
Property, plant, and equipment(b)
$2,024 $770 $267 $355 $502 $214 $141 $126 
Amortization of regulatory assets(b)
532 212 10 115 195 98 31 66 
Amortization of intangible assets, net(b)
10 — — — — — — — 
Amortization of energy contract assets and liabilities(c)
3 — — — — — — — 
Nuclear fuel(d)
66 — — — — — — — 
ARO accretion(e)
44 — — — — — — — 
Total depreciation, amortization, and accretion$2,679 $982 $277 $470 $697 $312 $172 $192 
__________
(a)Exelon's 2022 amounts include amounts related to Generation prior to the separation. See Note 2 — Discontinued Operations for additional information.
(b)Included in Depreciation and amortization in the Registrants' Consolidated Statements of Operations and Comprehensive Income.
(c)Included in Electric operating revenues or Purchased power expense in Exelon’s Consolidated Statements of Operations and Comprehensive Income.
(d)Included in Purchased fuel expense in Exelon's Consolidated Statement of Operations and Comprehensive Income.
(e)Included in Operating and maintenance expense in Exelon's Consolidated Statement of Operations and Comprehensive Income.
Other non-cash operating activities
Exelon(a)
ComEdPECOBGEPHIPepcoDPLACE
Nine Months Ended September 30, 2023
Pension and OPEB costs (benefit)$152 $19 $(10)$41 $74 $26 $13 $10 
Allowance for credit losses86 4 31 4 47 27 9 11 
True-up adjustments to decoupling mechanisms and formula rates(b)
(522)(405)(1)(47)(69)(28)(15)(26)
Amortization of operating ROU asset29 2 — 4 21 5 6 2 
Change in environmental liabilities37 — — — 37 37 — — 
AFUDC — Equity(113)(25)(22)(11)(55)(42)(7)(6)
Nine Months Ended September 30, 2022
Pension and OPEB costs (benefit)$124 $45 $(6)$34 $39 $6 $3 $9 
Allowance for credit losses130 40 32 18 42 21 9 12 
Other decommissioning-related activity36 — — — — — — — 
Energy-related options60 — — — — — — — 
True-up adjustments to decoupling mechanisms and formula rates(b)
(92)(163)(1)40 33 15 3 14 
Long-term incentive plan35 — — — — — — — 
Amortization of operating ROU asset47 1 — 14 21 5 6 3 
AFUDC — Equity(112)(28)(22)(17)(45)(35)(5)(5)
__________
(a)Exelon's 2022 amounts include amounts related to Generation prior to the separation. See Note 2 — Discontinued Operations for additional information.
(b)For ComEd, reflects the true-up adjustments in regulatory assets and liabilities associated with its distribution, energy efficiency, distributed generation, and transmission formula rates. For PECO, reflects the change in regulatory assets and liabilities associated with its transmission formula rates. For BGE, Pepco, DPL, and ACE, reflects the change in regulatory assets and liabilities associated with their decoupling mechanisms and transmission formula rates. See Note 3 — Regulatory Matters of the 2022 Form 10-K for additional information.
The following tables provide a reconciliation of cash, cash equivalents, and restricted cash reported within the Registrants’ Consolidated Balance Sheets that sum to the total of the same amounts in their Consolidated Statements of Cash Flows.
Cash, cash equivalents, and restricted cash
ExelonComEdPECOBGEPHIPepcoDPLACE
Balance at September 30, 2023
Cash and cash equivalents$300 $79 $43 $15 $121 $31 $5 $14 
Restricted cash and cash equivalents435 360 9 1 25 25 1 — 
Restricted cash included in Other deferred debits and other assets212 212 — — — — — — 
Total cash, restricted cash, and cash equivalents$947 $651 $52 $16 $146 $56 $6 $14 
Balance at December 31, 2022
Cash and cash equivalents$407 $67 $59 $43 $198 $45 $31 $72 
Restricted cash and cash equivalents566 327 9 24 175 54 121 — 
Restricted cash included in Other deferred debits and other assets117 117 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,090 $511 $68 $67 $373 $99 $152 $72 
Balance at September 30, 2022
Cash and cash equivalents$446 $63 $94 $20 $219 $21 $49 $112 
Restricted cash and cash equivalents744 342 9 130 234 77 157 — 
Restricted cash included in Other deferred debits and other assets83 83 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,273 $488 $103 $150 $453 $98 $206 $112 
Balance at December 31, 2021
Cash and cash equivalents$672 $131 $36 $51 $136 $34 $28 $29 
Restricted cash and cash equivalents321 210 8 4 77 34 43 — 
Restricted cash included in Other deferred debits and other assets44 43 — — — — — — 
Cash, restricted cash, and cash equivalents from discontinued operations582 — — — — — — — 
Total cash, restricted cash, and cash equivalents$1,619 $384 $44 $55 $213 $68 $71 $29 
For additional information on restricted cash see Note 1 — Significant Accounting Policies of the 2022 Form 10-K.
Consolidated Balance Sheet The following table provides additional information about material items recorded in the Registrants' Consolidated Balance Sheets.
Accrued expenses
ExelonComEdPECOBGEPHIPepcoDPLACE
Balance at September 30, 2023
Compensation-related accruals(a)
$548 $162 $67 $63 $99 $27 $17 $14 
Taxes accrued255 148 61 100 120 88 19 13 
Interest accrued391 78 52 59 81 38 24 17 
Balance at December 31, 2022
Compensation-related accruals(a)
$613 $179 $81 $79 $104 $29 $20 $16 
Taxes accrued211 92 10 34 70 52 8 12 
Interest accrued338 124 47 42 61 32 9 14 
__________
(a)Primarily includes accrued payroll, bonuses and other incentives, vacation, and benefits.