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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income (loss) $ (264) $ 376
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 2,104 1,378
Asset impairments 1 8
Gain on sales of assets and businesses (71) 0
Deferred income taxes and amortization of investment tax credits (142) (245)
Net fair value changes related to derivatives (178) (132)
Net realized and unrealized (gains) losses on NDT funds (118) 651
Unrealized loss on equity investments 23 0
Other non-cash operating activities (170) 273
Changes in assets and liabilities:    
Accounts receivable (372) 800
Inventories 77 81
Accounts payable and accrued expenses (176) (976)
Option premiums received (paid), net 16 (38)
Collateral received (posted), net 273 (21)
Income taxes 113 (56)
Pension and non-pension postretirement benefit contributions (537) (531)
Other assets and liabilities (1,840) (488)
Net cash flows provided by operating activities (1,261) 1,080
Cash flows from investing activities    
Capital expenditures (2,140) (2,016)
Proceeds from NDT fund sales 2,908 1,183
Investment in NDT funds (2,939) (1,234)
Collection of deferred purchase price 1,574 0
Proceeds from sales of assets and businesses 680 0
Other investing activities 12 (8)
Net cash flows provided by (used in) investing activities 95 (2,075)
Cash flows from financing activities    
Changes in short-term borrowings 597 109
Proceeds from short-term borrowings with maturities greater than 90 days 500 500
Issuance of long-term debt 1,705 2,652
Retirement of long-term debt (79) (1,032)
Dividends paid on common stock (374) (373)
Proceeds from employee stock plans 31 30
Other financing activities (46) (21)
Net cash flows provided by (used in) financing activities 2,334 1,865
Increase (Decrease) in cash, restricted cash, and cash equivalents 1,168 870
Cash, restricted cash, and cash equivalents at beginning of period 1,166 1,122
Cash, restricted cash, and cash equivalents at end of period 2,334 1,992
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (324) (180)
Increase in deferred purchase price 1,339 0
Exelon Generation Co L L C [Member]    
Cash flows from operating activities    
Net income (loss) (769) (161)
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 1,346 661
Asset impairments 1 8
Gain on sales of assets and businesses (71) 0
Deferred income taxes and amortization of investment tax credits (123) (329)
Net fair value changes related to derivatives (178) (127)
Net realized and unrealized (gains) losses on NDT funds (118) 651
Unrealized loss on equity investments 23 0
Other non-cash operating activities (202) 205
Changes in assets and liabilities:    
Accounts receivable (453) 787
Receivables from and payables to affiliates, net 59 34
Inventories 50 39
Accounts payable and accrued expenses 208 (614)
Option premiums received (paid), net 16 (38)
Collateral received (posted), net 270 (22)
Income taxes (55) (58)
Pension and non-pension postretirement benefit contributions (205) (232)
Other assets and liabilities (1,411) (184)
Net cash flows provided by operating activities (1,612) 620
Cash flows from investing activities    
Capital expenditures (382) (558)
Proceeds from NDT fund sales 2,908 1,183
Investment in NDT funds (2,939) (1,234)
Collection of deferred purchase price 1,574 0
Proceeds from sales of assets and businesses 680 0
Changes in Exelon/PHI intercompany money pool 0 (254)
Other investing activities (2) (8)
Net cash flows provided by (used in) investing activities 1,839 (871)
Cash flows from financing activities    
Changes in short-term borrowings 997 275
Proceeds from short-term borrowings with maturities greater than 90 days 0 500
Issuance of long-term debt 1 1,502
Retirement of long-term debt (35) (1,028)
Changes in Exelon/PHI intercompany money pool (285) 0
Distributions to member (458) (468)
Other financing activities (12) (8)
Net cash flows provided by (used in) financing activities 208 773
Increase (Decrease) in cash, restricted cash, and cash equivalents 435 522
Cash, restricted cash, and cash equivalents at beginning of period 327 449
Cash, restricted cash, and cash equivalents at end of period 762 971
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (37) (56)
Increase in deferred purchase price 1,339 0
Commonwealth Edison Co [Member]    
Cash flows from operating activities    
Net income (loss) 197 168
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 292 273
Deferred income taxes and amortization of investment tax credits 63 42
Other non-cash operating activities (9) 16
Changes in assets and liabilities:    
Accounts receivable 23 9
Receivables from and payables to affiliates, net (15) (6)
Inventories (1) (2)
Accounts payable and accrued expenses (176) (147)
Collateral received (posted), net 5 3
Income taxes (23) (7)
Pension and non-pension postretirement benefit contributions (171) (143)
Other assets and liabilities (159) (132)
Net cash flows provided by operating activities 26 74
Cash flows from investing activities    
Capital expenditures (613) (506)
Other investing activities 7 5
Net cash flows provided by (used in) investing activities (606) (501)
Cash flows from financing activities    
Changes in short-term borrowings (188) (130)
Issuance of long-term debt 700 1,000
Dividends paid on common stock (127) (125)
Contributions from parent 198 125
Other financing activities (9) (13)
Net cash flows provided by (used in) financing activities 574 857
Increase (Decrease) in cash, restricted cash, and cash equivalents (6) 430
Cash, restricted cash, and cash equivalents at beginning of period 405 403
Cash, restricted cash, and cash equivalents at end of period 399 833
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (107) (5)
PECO Energy Co [Member]    
Cash flows from operating activities    
Net income (loss) 167 140
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 86 86
Deferred income taxes and amortization of investment tax credits 6 2
Other non-cash operating activities 12 22
Changes in assets and liabilities:    
Accounts receivable (5) 14
Receivables from and payables to affiliates, net (2) (3)
Inventories 13 15
Accounts payable and accrued expenses (36) (45)
Income taxes 3 14
Pension and non-pension postretirement benefit contributions (16) (16)
Other assets and liabilities (103) (84)
Net cash flows provided by operating activities 125 145
Cash flows from investing activities    
Capital expenditures (295) (259)
Changes in Exelon/PHI intercompany money pool (48) (22)
Other investing activities 1 1
Net cash flows provided by (used in) investing activities (342) (280)
Cash flows from financing activities    
Issuance of long-term debt 375 0
Changes in Exelon/PHI intercompany money pool (40) 0
Dividends paid on common stock (85) (85)
Contributions from parent 0 231
Other financing activities (4) 0
Net cash flows provided by (used in) financing activities 246 146
Increase (Decrease) in cash, restricted cash, and cash equivalents 29 11
Cash, restricted cash, and cash equivalents at beginning of period 26 27
Cash, restricted cash, and cash equivalents at end of period 55 38
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (44) (11)
Baltimore Gas and Electric Company [Member]    
Cash flows from operating activities    
Net income (loss) 209 181
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 152 143
Deferred income taxes and amortization of investment tax credits (4) 33
Other non-cash operating activities 2 (8)
Changes in assets and liabilities:    
Accounts receivable 12 (28)
Receivables from and payables to affiliates, net (15) (13)
Inventories 9 20
Accounts payable and accrued expenses (59) (9)
Income taxes (9) 7
Pension and non-pension postretirement benefit contributions (65) (64)
Other assets and liabilities (103) 10
Net cash flows provided by operating activities 129 272
Cash flows from investing activities    
Capital expenditures (336) (283)
Other investing activities 2 (6)
Net cash flows provided by (used in) investing activities (334) (289)
Cash flows from financing activities    
Changes in short-term borrowings 156 66
Dividends paid on common stock (74) (62)
Net cash flows provided by (used in) financing activities 82 4
Increase (Decrease) in cash, restricted cash, and cash equivalents (123) (13)
Cash, restricted cash, and cash equivalents at beginning of period 145 25
Cash, restricted cash, and cash equivalents at end of period 22 12
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (80) (35)
Pepco Holdings LLC [Member]    
Cash flows from operating activities    
Net income (loss) 128 108
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 210 194
Deferred income taxes and amortization of investment tax credits 4 (4)
Other non-cash operating activities (25) 7
Changes in assets and liabilities:    
Accounts receivable 56 36
Receivables from and payables to affiliates, net (18) (17)
Inventories 5 8
Accounts payable and accrued expenses (24) (16)
Income taxes 3 15
Pension and non-pension postretirement benefit contributions (36) (27)
Other assets and liabilities (94) (72)
Net cash flows provided by operating activities 209 232
Cash flows from investing activities    
Capital expenditures (456) (376)
Other investing activities 1 1
Net cash flows provided by (used in) investing activities (455) (375)
Cash flows from financing activities    
Changes in short-term borrowings (368) (100)
Issuance of long-term debt 625 150
Retirement of long-term debt (44) (6)
Changes in Exelon/PHI intercompany money pool 3 7
Distributions to member (81) (134)
Contributions from member 560 144
Other financing activities (5) (1)
Net cash flows provided by (used in) financing activities 690 60
Increase (Decrease) in cash, restricted cash, and cash equivalents 444 (83)
Cash, restricted cash, and cash equivalents at beginning of period 160 181
Cash, restricted cash, and cash equivalents at end of period 604 98
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (33) (57)
Potomac Electric Power Company [Member]    
Cash flows from operating activities    
Net income (loss) 59 52
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 102 95
Deferred income taxes and amortization of investment tax credits 4 (2)
Other non-cash operating activities (25) (11)
Changes in assets and liabilities:    
Accounts receivable 26 14
Receivables from and payables to affiliates, net (9) (11)
Inventories 1 3
Accounts payable and accrued expenses 0 6
Income taxes 2 6
Pension and non-pension postretirement benefit contributions (5) (4)
Other assets and liabilities (58) (38)
Net cash flows provided by operating activities 97 110
Cash flows from investing activities    
Capital expenditures (220) (180)
Changes in Exelon/PHI intercompany money pool 0 (114)
Other investing activities 1 (4)
Net cash flows provided by (used in) investing activities (219) (298)
Cash flows from financing activities    
Changes in short-term borrowings (35) (82)
Issuance of long-term debt 150 150
Dividends paid on common stock (28) (28)
Contributions from parent 138 137
Other financing activities (1) (1)
Net cash flows provided by (used in) financing activities 224 176
Increase (Decrease) in cash, restricted cash, and cash equivalents 102 (12)
Cash, restricted cash, and cash equivalents at beginning of period 65 63
Cash, restricted cash, and cash equivalents at end of period 167 51
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (16) (43)
Delmarva Power and Light Company [Member]    
Cash flows from operating activities    
Net income (loss) 56 45
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 53 48
Deferred income taxes and amortization of investment tax credits 2 0
Other non-cash operating activities (1) 2
Changes in assets and liabilities:    
Accounts receivable 15 14
Receivables from and payables to affiliates, net (11) (9)
Inventories 2 3
Accounts payable and accrued expenses 11 4
Income taxes 3 7
Other assets and liabilities (26) (10)
Net cash flows provided by operating activities 104 104
Cash flows from investing activities    
Capital expenditures (112) (95)
Other investing activities 0 (4)
Net cash flows provided by (used in) investing activities (112) (99)
Cash flows from financing activities    
Changes in short-term borrowings (146) (2)
Issuance of long-term debt 125 0
Changes in Exelon/PHI intercompany money pool 0 37
Dividends paid on common stock (40) (52)
Contributions from parent 120 6
Other financing activities (2) 0
Net cash flows provided by (used in) financing activities 57 (11)
Increase (Decrease) in cash, restricted cash, and cash equivalents 49 (6)
Cash, restricted cash, and cash equivalents at beginning of period 15 13
Cash, restricted cash, and cash equivalents at end of period 64 7
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (15) (9)
Atlantic City Electric Company [Member]    
Cash flows from operating activities    
Net income (loss) 14 13
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 47 43
Deferred income taxes and amortization of investment tax credits (1) (1)
Other non-cash operating activities (7) 4
Changes in assets and liabilities:    
Accounts receivable 13 11
Receivables from and payables to affiliates, net 1 3
Inventories 3 2
Accounts payable and accrued expenses (11) 3
Income taxes 1 2
Pension and non-pension postretirement benefit contributions (3) (2)
Other assets and liabilities (3) (22)
Net cash flows provided by operating activities 54 56
Cash flows from investing activities    
Capital expenditures (123) (101)
Other investing activities 0 6
Net cash flows provided by (used in) investing activities (123) (95)
Cash flows from financing activities    
Changes in short-term borrowings (187) (16)
Issuance of long-term debt 350 0
Retirement of long-term debt (44) (5)
Changes in Exelon/PHI intercompany money pool 0 77
Dividends paid on common stock (14) (23)
Contributions from parent 303 1
Other financing activities (3) 0
Net cash flows provided by (used in) financing activities 405 34
Increase (Decrease) in cash, restricted cash, and cash equivalents 336 (5)
Cash, restricted cash, and cash equivalents at beginning of period 30 28
Cash, restricted cash, and cash equivalents at end of period 366 23
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid $ (2) $ (4)