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Supplemental Financial Information (Tables)
 6 Months Ended
Jun. 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 June 30, 2023
Utility taxes(a)
$201 $71 $38 $22 $70 $63 $6 $1 
Property96 8 4 49 35 24 10 1 
Payroll31 7 4 5 7 2 1 1 
Three Months Ended June 30, 2022
Utility taxes(a)
$203 $71 $39 $20 $73 $67 $5 $1 
Property94 10 4 46 33 23 10 — 
Payroll28 7 5 4 7 1 1 1 
Six Months Ended June 30, 2023
Utility taxes(a)
$421 $146 $78 $50 $147 $131 $14 $2 
Property196 18 8 100 70 48 21 1 
Payroll63 14 9 9 14 4 2 2 
Six Months Ended June 30, 2022
Utility taxes(a)
$424 $149 $77 $47 $151 $137 $12 $2 
Property188 20 9 92 67 46 20 1 
Payroll64 13 8 9 14 3 2 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 June 30, 2023
AFUDC — Equity$34 $7 $6 $4 $17 $13 $2 $2 
Non-service net periodic benefit credit(1)— — — — — — — 
Three Months Ended June 30, 2022
AFUDC — Equity$38 $9 $8 $6 $15 $11 $2 $2 
Non-service net periodic benefit cost16 — — — — — — — 
Six Months Ended June 30, 2023
AFUDC — Equity$71 $17 $12 $7 $35 $27 $4 $4 
Non-service net periodic benefit credit(2)— — — — — — — 
Six Months Ended June 30, 2022
AFUDC — Equity$74 $17 $15 $12 $30 $22 $4 $4 
Non-service net periodic benefit cost33 — — — — — — — 
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
Six Months Ended June 30, 2023
Property, plant, and equipment(b)
$1,370 $540 $190 $249 $364 $152 $104 $96 
Amortization of regulatory assets(b)
352 148 7 76 120 64 17 39 
Amortization of intangible assets, net(b)
4 — — — — — — — 
ARO accretion(e)
1 — — — — — — — 
Total depreciation and amortization$1,727 $688 $197 $325 $484 $216 $121 $135 
Six Months Ended June 30, 2022
Property, plant, and equipment(b)
$1,376 $511 $177 $235 $335 $145 $92 $83 
Amortization of regulatory assets(b)
357 138 8 87 124 68 21 35 
Amortization of intangible assets, net(b)
8 — — — — — — — 
Amortization of energy contract assets and liabilities(c)
3 — — — — — — — 
Nuclear fuel(d)
66 — — — — — — — 
ARO accretion(e)
44 — — — — — — — 
Total depreciation, amortization, and accretion$1,854 $649 $185 $322 $459 $213 $113 $118 
__________
(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
Six Months Ended June 30, 2023
Pension and OPEB costs (benefit)$89 $13 $(7)$28 $49 $17 $9 $7 
Allowance for credit losses46 1 19 4 22 13 3 6 
True-up adjustments to decoupling mechanisms and formula rates(b)
(410)(270)10 (70)(80)(46)(15)(19)
Long-term incentive plan13 — — — — — — — 
Amortization of operating ROU asset19 1 — 2 14 2 4 2 
Change in environmental liabilities37 — — — 37 37 — — 
AFUDC — Equity(71)(17)(12)(7)(35)(27)(4)(4)
Six Months Ended June 30, 2022
Pension and OPEB costs (benefit)$86 $30 $(4)$22 $26 $4 $2 $6 
Allowance for credit losses96 29 21 18 29 16 6 7 
Other decommissioning-related activity36 — — — — — — — 
Energy-related options60 — — — — — — — 
True-up adjustments to decoupling mechanisms and formula rates(b)
(27)(75)(6)32 22 7 3 12 
Long-term incentive plan40 — — — — — — — 
Amortization of operating ROU asset38 1 — 14 14 4 4 2 
AFUDC — Equity(74)(17)(15)(12)(30)(22)(4)(4)
__________
(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.
ExelonComEdPECOBGEPHIPepcoDPLACE
June 30, 2023
Cash and cash equivalents$399 $74 $82 $89 $110 $16 $18 $24 
Restricted cash and cash equivalents435 361 9 1 26 26 — — 
Restricted cash included in other deferred debits and other assets201 201 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,035 $636 $91 $90 $136 $42 $18 $24 
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 
June 30, 2022
Cash and cash equivalents$816 $120 $23 $354 $278 $14 $26 $233 
Restricted cash and cash equivalents961 384 9 205 341 117 223 — 
Restricted cash included in other deferred debits and other assets59 59 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,836 $563 $32 $559 $619 $131 $249 $233 
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.
Supplemental Balance Sheet Disclosures The following table provides additional information about material items recorded in the Registrants' Consolidated Balance Sheets.
Accrued expenses
ExelonComEdPECOBGEPHIPepcoDPLACE
June 30, 2023
Compensation-related accruals(a)
$467 $121 $65 $59 $88 $26 $17 $14 
Taxes accrued179 101 40 33 75 52 13 8 
Interest accrued423 151 48 43 69 37 12 15 
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.