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Consolidated Balance Sheets (Unaudited) - ACE - USD ($)
shares in Millions, $ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 300 $ 407
Restricted cash and cash equivalents 435 566
Accounts receivable    
Customer accounts receivable 2,575 2,544
Customer allowance for credit losses (341) (327)
Customer accounts receivable, net 2,234 2,217
Other accounts receivable 1,168 1,426
Other allowance for credit losses (88) (82)
Other accounts receivable, net 1,080 1,344
Inventories, net    
Fossil fuel 105 208
Materials and supplies 657 547
Regulatory assets 2,307 1,641
Other 401 406
Total current assets 7,519 7,336
Property, plant and equipment, net 72,458 69,076
Deferred debits and other assets    
Regulatory assets 8,128 8,037
Goodwill 6,630 6,630
Receivable related to Regulatory Agreement Units 2,923 2,897
Investments 246 232
Other 1,355 1,141
Total deferred debits and other assets 19,282 18,937
Total assets 99,259 95,349
Current liabilities    
Short-term borrowings 1,720 2,586
Long-term debt due within one year 1,654 1,802
Accrued expenses 1,315 1,226
Regulatory liabilities 437 437
Mark-to-market derivative liabilities 44 8
Unamortized energy contract liabilities 8 10
Other 933 1,155
Total current liabilities 8,800 10,611
Long-term debt 39,431 35,272
Long-term debt to financing trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 11,792 11,250
Regulatory liabilities 9,236 9,112
Asset retirement obligations 269 269
Pension obligations 1,085 1,109
Non-pension postretirement benefit obligations 515 507
Mark-to-market derivative liabilities 113 83
Unamortized energy contract liabilities 29 35
Other 2,129 1,967
Total deferred credits and other liabilities 25,168 24,332
Total liabilities 73,789 70,605
Commitments and contingencies
Common stock (in dollars) $ 0 $ 0
Common stock, shares authorized (in shares) 2,000 2,000
Common stock, shares outstanding (in shares) 995 994
Shareholders’ equity    
Common stock $ 20,956 $ 20,908
Treasury stock, common (in shares) 2 2
Treasury stock, at cost $ (123) $ (123)
Accumulated other comprehensive loss, net (596) (638)
Retained earnings 5,233 4,597
Total shareholders’ equity 25,470 24,744
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 99,259 95,349
Related Party    
Current liabilities    
Accounts payable 5 5
Long-term debt to financing trusts 390 390
Nonrelated Party    
Current liabilities    
Accounts payable 2,684 3,382
Atlantic City Electric Company    
Current assets    
Cash and cash equivalents 14 72
Restricted cash and cash equivalents 0 0
Accounts receivable    
Customer accounts receivable 235 179
Customer allowance for credit losses (39) (41)
Customer accounts receivable, net 196 138
Other accounts receivable 84 70
Other allowance for credit losses (13) (14)
Other accounts receivable, net 71 56
Inventories, net    
Inventories, net 54 43
Prepaid utility taxes 15 0
Regulatory assets 113 130
Other 5 3
Total current assets 471 443
Property, plant and equipment, net 4,155 3,990
Deferred debits and other assets    
Regulatory assets 490 494
Prepaid pension asset 7 18
Total deferred debits and other assets 529 546
Total assets 5,155 4,979
Current liabilities    
Short-term borrowings 173 0
Long-term debt due within one year 153 3
Accrued expenses 51 47
Customer deposits 23 21
Regulatory liabilities 9 26
PPA termination obligation 61 87
Total current liabilities 673 474
Long-term debt 1,680 1,754
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 766 734
Regulatory liabilities 144 156
Non-pension postretirement benefit obligations 6 8
Other 57 100
Total deferred credits and other liabilities 973 998
Total liabilities 3,326 3,226
Commitments and contingencies
Shareholders’ equity    
Common stock 1,830 1,765
Retained earnings (1) (12)
Total shareholders’ equity 1,829 1,753
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 5,155 4,979
Atlantic City Electric Company | Related Party    
Accounts receivable    
Receivables from affiliates 3 1
Current liabilities    
Accounts payable 22 26
Other 17 0
Atlantic City Electric Company | Nonrelated Party    
Deferred debits and other assets    
Other 32 34
Current liabilities    
Accounts payable 149 206
Other $ 15 $ 58