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Debt and Credit Agreements (Tables)
9 Months Ended
Sep. 30, 2020
Line of Credit Facility [Line Items]  
Schedule of Long-term Debt Instruments [Table Text Block]
During the nine months ended September 30, 2020, the following long-term debt was issued:
CompanyTypeInterest RateMaturityAmountUse of Proceeds
ExelonNotes4.05 %April 15, 2030$1,250 Repay existing indebtedness and for general corporate purposes.
ExelonNotes4.70 %April 15, 2050750 Repay existing indebtedness and for general corporate purposes.
GenerationSenior Notes3.25 %June 1, 2025900 Repay existing indebtedness and for general corporate purposes.
Generation
Energy Efficiency Project Financing(a)
3.95 %December 31, 2020Funding to install energy conservation measures for the Fort Meade project.
Generation
Energy Efficiency Project Financing(a)
2.53 %April 30, 2021Funding to install energy conservation measures for the Fort AP Hill project.
ComEdFirst Mortgage Bonds, Series 1282.20 %March 1, 2030350 Repay a portion of outstanding commercial paper obligations and fund other general corporate purposes.
ComEdFirst Mortgage Bonds, Series 1293.00 %March 1, 2050650 Repay a portion of outstanding commercial paper obligations and to fund general corporate purposes.
PECOFirst and Refunding Mortgage Bonds2.80 %June 15, 2050350 Funding for general corporate purposes.
BGESenior Notes 2.90 %June 15, 2050400 Repay commercial paper obligations and for general corporate purposes.
PepcoFirst Mortgage Bonds2.53 %February 25, 2030150 Repay existing indebtedness and for general corporate purposes.
PepcoFirst Mortgage Bonds3.28 %September 23, 2050150 Repay existing indebtedness and for general corporate purposes.
DPLFirst Mortgage Bonds2.53 %June 9, 2030100 Repay existing indebtedness and for general corporate purposes.
DPL(b)
Tax-Exempt Bonds1.05 %January 1, 203178 Refinance existing indebtedness.
ACETax-Exempt First Mortgage Bonds2.25 %June 1, 202923 Refinance existing indebtedness.
ACEFirst Mortgage Bonds3.24 %June 9, 2050100 Repay existing indebtedness and for general corporate purposes.
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(a)For Energy Efficiency Project Financing, the maturity dates represent the expected date of project completion, upon which the respective customer assumes the outstanding debt.
(b)The bonds have a 1.05% interest rate through July 2025.
Commercial Paper [Member]  
Line of Credit Facility [Line Items]  
Schedule of Commercial Paper Borrowings [Table Text Block]
The following table reflects the Registrants' commercial paper programs as of September 30, 2020 and December 31, 2019. PECO had no commercial paper borrowings as of both September 30, 2020 and December 31, 2019.
Outstanding Commercial
Paper as of
Average Interest Rate on
Commercial Paper Borrowings as of
Commercial Paper IssuerSeptember 30, 2020December 31, 2019September 30, 2020December 31, 2019
Exelon(a)
$141 $870 0.16 %2.25 %
Generation— 320 — %1.84 %
ComEd141 130 0.16 %2.38 %
BGE— 76 — %2.46 %
PHI(b)
— 208 — %N/A
PEPCO— 82 — %2.56 %
DPL— 56 — %2.02 %
ACE— 70 — %2.43 %
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(a)Includes outstanding commercial paper at Exelon Corporate of $136 million with average interest rates on commercial paper borrowings of 1.92% at December 31, 2019. Exelon Corporate had no outstanding commercial paper borrowings as of September 30, 2020.
(b)Includes the consolidated amounts of Pepco, DPL, and ACE.