XML 151 R33.htm IDEA: XBRL DOCUMENT v3.22.2
Supplemental Financial Information (Tables)
 6 Months Ended
Jun. 30, 2022
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, 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 
Three Months Ended June 30, 2021
Utility taxes(a)
$184 $61 $32 $20 $71 $65 $5 $— 
Property86 8 4 43 31 20 10 1 
Payroll32 6 4 5 7 1 1 1 
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 
Six Months Ended June 30, 2021
Utility taxes(a)
$377 $121 $66 $45 $145 $132 $11 $1 
Property173 16 9 85 63 42 19 1 
Payroll64 13 8 9 14 3 3 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, 2022
AFUDC — Equity$38 $9 $8 $6 $15 $11 $2 $2 
Non-service net periodic benefit cost16 — — — — — — — 
Three Months Ended June 30, 2021
AFUDC — Equity$34 $9 $6 $7 $12 $10 $1 $1 
Non-service net periodic benefit cost26 — — — — — — — 
Six Months Ended June 30, 2022
AFUDC — Equity$74 $17 $15 $12 $30 $22 $4 $4 
Non-service net periodic benefit cost33 — — — — — — — 
Six Months Ended June 30, 2021
AFUDC — Equity$64 $13 $12 $14 $25 $20 $3 $2 
Non-service net periodic benefit cost46 — — — — — — — 
Cash Flow Supplemental Disclosures The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Cash Flows.
Depreciation and amortization
Exelon(a)
ComEdPECOBGEPHIPepcoDPLACE
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 
Six Months Ended June 30, 2021
Property, plant, and equipment(b)
$3,043 $480 $165 $215 $309 $135 $84 $76 
Amortization of regulatory assets(b)
291 109 8 78 95 64 20 11 
Amortization of intangible assets, net(b)
29 — — — — — — — 
Amortization of energy contract assets and liabilities(c)
13 — — — — — — — 
Nuclear fuel(d)
549 — — — — — — — 
ARO accretion(e)
255 — — — — — — — 
Total depreciation, amortization, and accretion$4,180 $589 $173 $293 $404 $199 $104 $87 
__________
(a)Exelon's 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 Operating revenues or Purchased power and fuel 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, 2022
Pension and non-pension postretirement benefit costs$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)
Six Months Ended June 30, 2021
Pension and non-pension postretirement benefit costs$196 $64 $4 $29 $24 $3 $1 $5 
Allowance for credit losses100 24 17 4 9 5 2 2 
Other decommissioning-related activity(636)— — — — — — — 
Energy-related options20 — — — — — — — 
True-up adjustments to decoupling mechanisms and formula rates(b)
(176)(64)(17)(8)(88)(46)(19)(23)
Long-term incentive plan62 — — — — — — — 
Amortization of operating ROU asset83 1 — 15 14 3 5 2 
AFUDC — Equity(64)(13)(12)(14)(25)(20)(3)(2)
__________
(a)Exelon's 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 BGE, Pepco, DPL, and ACE, reflects the change in regulatory assets and liabilities associated with their decoupling mechanisms and transmission formula rates. For PECO, reflects the change in regulatory assets and liabilities associated with its transmission formula rates. See Note 3 — Regulatory Matters of the 2021 Recast 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, 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 long-term 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 long-term 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 
June 30, 2021
Cash and cash equivalents$1,578 $71 $376 $368 $61 $17 $17 $11 
Restricted cash and cash equivalents379 240 8 3 42 33 5 3 
Restricted cash included in other long-term assets52 43 — — 9 — — 9 
Total cash, restricted cash, and cash equivalents(a)
$2,009 $354 $384 $371 $112 $50 $22 $23 
December 31, 2020
Cash and cash equivalents$432 $83 $19 $144 $111 $30 $15 $17 
Restricted cash and cash equivalents349 279 7 1 39 35 — 3 
Restricted cash included in other long-term assets53 43 — — 10 — — 10 
Cash, restricted cash, and cash equivalents from discontinued operations332 — — — — — — — 
Total cash, restricted cash, and cash equivalents$1,166 $405 $26 $145 $160 $65 $15 $30 
__________
(a)Exelon's amounts include amounts related to Generation prior to the separation. See Note 2 — Discontinued Operations for additional information.
For additional information on restricted cash see Note 1 — Significant Accounting Policies of the 2021 Recast 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, 2022
Compensation-related accruals(a)
$428 $109 $57 $54 $82 $26 $16 $13 
Taxes accrued243 94 60 31 84 57 12 11 
Interest accrued331 124 40 44 59 31 9 14 
December 31, 2021
Compensation-related accruals(a)
$596 $155 $77 $78 $113 $35 $20 $17 
Taxes accrued253 94 14 53 96 88 9 11 
Interest accrued297 116 41 44 52 28 8 11 
__________
(a)Primarily includes accrued payroll, bonuses and other incentives, vacation, and benefits.