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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating revenues    
Revenues from alternative revenue programs $ 129 $ 67
Operating revenues from affiliates 0 1
Total operating revenues 9,890 8,747
Operating expenses    
Operating and maintenance 1,979 2,204
Depreciation and amortization 1,697 1,021
Taxes other than income taxes 438 437
Total operating expenses 10,082 7,529
Gain on sales of assets and businesses 71 2
Operating income (loss) (121) 1,220
Other income and (deductions)    
Interest expense, net (380) (404)
Interest expense to affiliates (6) (6)
Other, net 225 (725)
Total other income and (deductions) (161) (1,135)
Income before income taxes (282) 85
Income taxes (19) (294)
Equity in losses of unconsolidated affiliates (1) (3)
Net income (loss) (264) 376
Net income (loss) attributable to noncontrolling interests 25 (206)
Net Income (Loss) Available to Common Stockholders, Basic (289) 582
Other comprehensive income (loss), net of income taxes    
Prior service benefit reclassified to periodic benefit cost (1) (10)
Actuarial loss reclassified to periodic benefit cost 56 47
Pension and non-pension postretirement benefit plan valuation adjustment (2) (7)
Unrealized (loss) gain on cash flow hedges 0 (1)
Unrealized gain (loss) on foreign currency translation 1 (8)
Other comprehensive income 54 21
Comprehensive income (210) 397
Comprehensive income (loss) attributable to noncontrolling interests 25 (206)
Comprehensive income attributable to common shareholders/membership interest $ (235) $ 603
Average shares of common stock outstanding:    
Basic average shares of common stock outstanding 977 975
Assumed exercise and/or distributions of stock-based awards 0 1
Diluted average shares of common stock outstanding [1] 977 976
(Losses) earnings per average common share    
Basic earnings per average common share $ (0.30) $ 0.60
Diluted earnings per average common share $ (0.30) $ 0.60
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 0 0
Retained Earnings [Member]    
Other income and (deductions)    
Net income (loss) $ (289) $ 582
Exelon Generation Co L L C [Member]    
Operating revenues    
Operating revenues from affiliates 295 330
Total operating revenues 5,559 4,733
Operating expenses    
Purchased power and/or fuel from affiliates 0 (6)
Operating and maintenance 856 1,121
Operating and maintenance from affiliates 145 142
Depreciation and amortization 940 304
Taxes other than income taxes 121 129
Total operating expenses 6,672 4,400
Gain on sales of assets and businesses 71 0
Operating income (loss) (1,042) 333
Other income and (deductions)    
Interest expense, net (68) (100)
Interest expense to affiliates (4) (9)
Other, net 167 (771)
Total other income and (deductions) 95 (880)
Income before income taxes (947) (547)
Income taxes (179) (389)
Equity in losses of unconsolidated affiliates (1) (3)
Net income (loss) (769) (161)
Net income (loss) attributable to noncontrolling interests 24 (206)
Net income attributable to membership interest (793) 45
Other comprehensive income (loss), net of income taxes    
Unrealized (loss) gain on cash flow hedges 0 (1)
Unrealized gain (loss) on foreign currency translation 1 (8)
Other comprehensive income 1 (9)
Comprehensive income (768) (170)
Comprehensive income (loss) attributable to noncontrolling interests 24 (206)
Comprehensive income attributable to common shareholders/membership interest (792) 36
Commonwealth Edison Co [Member]    
Operating revenues    
Revenues from alternative revenue programs 54 12
Operating revenues from affiliates 6 5
Total operating revenues 1,535 1,439
Operating expenses    
Purchased power and/or fuel from affiliates 85 97
Operating and maintenance 245 243
Operating and maintenance from affiliates 71 74
Depreciation and amortization 292 273
Taxes other than income taxes 75 75
Total operating expenses 1,210 1,151
Operating income (loss) 325 288
Other income and (deductions)    
Interest expense, net (93) (91)
Interest expense to affiliates (3) (3)
Other, net 7 10
Total other income and (deductions) (89) (84)
Income before income taxes 236 204
Income taxes 39 36
Net income (loss) 197 168
Other comprehensive income (loss), net of income taxes    
Comprehensive income 197 168
PECO Energy Co [Member]    
Operating revenues    
Revenues from alternative revenue programs 10 2
Operating revenues from affiliates 2 2
Total operating revenues 889 813
Operating expenses    
Purchased power and/or fuel from affiliates 41 36
Operating and maintenance 193 179
Operating and maintenance from affiliates 41 38
Depreciation and amortization 86 86
Taxes other than income taxes 43 39
Total operating expenses 679 625
Operating income (loss) 210 188
Other income and (deductions)    
Interest expense, net (35) (33)
Interest expense to affiliates (3) (3)
Other, net 5 3
Total other income and (deductions) (33) (33)
Income before income taxes 177 155
Income taxes 10 15
Net income (loss) 167 140
Other comprehensive income (loss), net of income taxes    
Comprehensive income 167 140
PECO Energy Co [Member] | Retained Earnings [Member]    
Other income and (deductions)    
Net income (loss) 167 140
Baltimore Gas and Electric Company [Member]    
Operating revenues    
Revenues from alternative revenue programs 18 36
Operating revenues from affiliates 6 6
Total operating revenues 974 937
Operating expenses    
Purchased power and/or fuel from affiliates 70 98
Operating and maintenance 152 146
Operating and maintenance from affiliates 45 42
Depreciation and amortization 152 143
Taxes other than income taxes 72 69
Total operating expenses 752 688
Operating income (loss) 222 249
Other income and (deductions)    
Interest expense, net (34) (32)
Other, net 8 5
Total other income and (deductions) (26) (27)
Income before income taxes 196 222
Income taxes (13) 41
Net income (loss) 209 181
Other comprehensive income (loss), net of income taxes    
Comprehensive income 209 181
Baltimore Gas and Electric Company [Member] | Retained Earnings [Member]    
Other income and (deductions)    
Net income (loss) 209 181
Pepco Holdings LLC [Member]    
Operating revenues    
Revenues from alternative revenue programs 46 18
Operating revenues from affiliates 3 3
Total operating revenues 1,244 1,171
Operating expenses    
Purchased power and/or fuel from affiliates 98 104
Operating and maintenance 216 219
Operating and maintenance from affiliates 40 38
Depreciation and amortization 210 194
Taxes other than income taxes 113 114
Total operating expenses 1,058 1,000
Gain on sales of assets and businesses 0 2
Operating income (loss) 186 173
Other income and (deductions)    
Interest expense, net (67) (67)
Other, net 17 13
Total other income and (deductions) (50) (54)
Income before income taxes 136 119
Income taxes 8 11
Net income (loss) 128 108
Other comprehensive income (loss), net of income taxes    
Comprehensive income attributable to common shareholders/membership interest 128 108
Potomac Electric Power Company [Member]    
Operating revenues    
Revenues from alternative revenue programs 26 15
Operating revenues from affiliates 1 1
Total operating revenues 553 544
Operating expenses    
Purchased power and/or fuel from affiliates 74 79
Operating and maintenance 56 60
Operating and maintenance from affiliates 52 51
Depreciation and amortization 102 95
Taxes other than income taxes 90 92
Total operating expenses 466 462
Operating income (loss) 87 82
Other income and (deductions)    
Interest expense, net (34) (34)
Other, net 12 9
Total other income and (deductions) (22) (25)
Income before income taxes 65 57
Income taxes 6 5
Net income (loss) 59 52
Other comprehensive income (loss), net of income taxes    
Comprehensive income 59 52
Potomac Electric Power Company [Member] | Retained Earnings [Member]    
Other income and (deductions)    
Net income (loss) 59 52
Delmarva Power and Light Company [Member]    
Operating revenues    
Revenues from alternative revenue programs 9 1
Operating revenues from affiliates 2 2
Total operating revenues 382 350
Operating expenses    
Purchased power and/or fuel from affiliates 20 22
Operating and maintenance 44 42
Operating and maintenance from affiliates 39 37
Depreciation and amortization 53 48
Taxes other than income taxes 17 16
Total operating expenses 309 284
Operating income (loss) 73 66
Other income and (deductions)    
Interest expense, net (15) (16)
Other, net 3 2
Total other income and (deductions) (12) (14)
Income before income taxes 61 52
Income taxes 5 7
Net income (loss) 56 45
Other comprehensive income (loss), net of income taxes    
Comprehensive income 56 45
Delmarva Power and Light Company [Member] | Retained Earnings [Member]    
Other income and (deductions)    
Net income (loss) 56 45
Atlantic City Electric Company [Member]    
Operating revenues    
Revenues from alternative revenue programs 11 1
Operating revenues from affiliates 1 1
Total operating revenues 310 276
Operating expenses    
Purchased power and/or fuel from affiliates 4 2
Operating and maintenance 42 45
Operating and maintenance from affiliates 34 33
Depreciation and amortization 47 43
Taxes other than income taxes 2 2
Total operating expenses 282 251
Gain on sales of assets and businesses 0 2
Operating income (loss) 28 27
Other income and (deductions)    
Interest expense, net (15) (14)
Interest expense to affiliates 0 (1)
Other, net 1 2
Total other income and (deductions) (14) (13)
Income before income taxes 14 14
Income taxes 0 1
Net income (loss) 14 13
Other comprehensive income (loss), net of income taxes    
Comprehensive income 14 13
Atlantic City Electric Company [Member] | Retained Earnings [Member]    
Other income and (deductions)    
Net income (loss) 14 13
Generation commodities and services    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 5,265 4,404
Operating expenses    
Purchased power and/or fuel 4,610 2,710
Generation commodities and services | Exelon Generation Co L L C [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 5,264 4,403
Operating expenses    
Purchased power and/or fuel 4,610 2,710
Rate-regulated utility revenues    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 4,496 4,276
Operating expenses    
Purchased power and/or fuel 1,358 1,157
Electricity, US Regulated    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 3,988 3,748
Electricity, US Regulated | Commonwealth Edison Co [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 1,475 1,422
Operating expenses    
Purchased power and/or fuel 442 389
Electricity, US Regulated | PECO Energy Co [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 649 600
Operating expenses    
Purchased power and/or fuel 189 164
Electricity, US Regulated | Baltimore Gas and Electric Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 620 595
Operating expenses    
Purchased power and/or fuel 162 114
Electricity, US Regulated | Pepco Holdings LLC [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 1,124 1,086
Operating expenses    
Purchased power and/or fuel 348 300
Electricity, US Regulated | Potomac Electric Power Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 526 528
Operating expenses    
Purchased power and/or fuel 92 85
Electricity, US Regulated | Delmarva Power and Light Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 300 283
Operating expenses    
Purchased power and/or fuel 103 88
Electricity, US Regulated | Atlantic City Electric Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 298 274
Operating expenses    
Purchased power and/or fuel 153 126
Natural Gas, US Regulated    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 637 595
Natural Gas, US Regulated | PECO Energy Co [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 228 209
Operating expenses    
Purchased power and/or fuel 86 83
Natural Gas, US Regulated | Baltimore Gas and Electric Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 330 300
Operating expenses    
Purchased power and/or fuel 99 76
Natural Gas, US Regulated | Pepco Holdings LLC [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 71 64
Operating expenses    
Purchased power and/or fuel 33 31
Natural Gas, US Regulated | Delmarva Power and Light Company [Member]    
Operating revenues    
Revenue from Contract with Customer, Including Assessed Tax 71 64
Operating expenses    
Purchased power and/or fuel $ 33 $ 31
[1] The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was less than 1 million for the three months ended March 31, 2021 and March 31, 2020.