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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Components of Lease Cost [Table Text Block]
The components of operating lease costs were as follows:
Exelon ComEdPECOBGEPHIPepcoDPLACE
For the year ended December 31, 2022
Operating lease costs$66 $$— $15 $42 $10 $12 $
Variable lease costs— — 
Total lease costs(a)
$74 $$— $15 $44 $11 $13 $
For the year ended December 31, 2021
Operating lease costs$84 $$— $30 $43 $10 $12 $
Variable lease costs— — — — 
Total lease costs(a)
$91 $$— $31 $44 $10 $12 $
For the year ended December 31, 2020
Operating lease costs$98 $$$33 $46 $11 $13 $
Variable lease costs— — 
Total lease costs(a)
$105 $$$34 $48 $12 $14 $
__________
(a)Excludes sublease income recorded at Exelon, PHI, and DPL of $4 million, $4 million, and $4 million for the years ended December 31, 2022, 2021, and 2020, respectively.
The components of financing lease costs were as follows:
PHIPepcoDPLACE
For the year ended December 31, 2022
Amortization of ROU asset$14 $$$
Interest on lease liabilities
Total finance lease cost$18 $$$
For the year ended December 31, 2021
Amortization of ROU asset$11 $$$
Interest on lease liabilities— 
Total finance lease cost$13 $$$
For the year ended December 31, 2020
Amortization of ROU asset$$$$
Interest on lease liabilities— — 
Total finance lease cost$$$$
The weighted average remaining lease terms, in years, for operating and finance leases were as follows:
Operating Leases
Exelon ComEdPECOBGEPHIPepcoDPLACE
As of December 31, 20229.51.05.570.96.88.17.93.3
As of December 31, 20218.93.36.113.77.58.68.53.5
As of December 31, 20209.03.84.28.38.29.19.14.0
Finance Leases
PHIPepcoDPLACE
As of December 31, 20225.55.45.55.6
As of December 31, 20216.15.96.16.3
As of December 31, 20206.56.36.56.5
The weighted average discount rates for operating and finance leases were as follows:
Operating Leases
ExelonComEdPECOBGEPHIPepcoDPLACE
As of December 31, 20223.9 %2.6 %2.3 %4.5 %4.2 %4.0 %4.0 %3.3 %
As of December 31, 20214.0 %2.8 %2.2 %4.0 %4.2 %4.0 %4.0 %3.4 %
As of December 31, 20204.0 %3.0 %2.9 %3.8 %4.2 %4.0 %4.0 %3.5 %
Finance Leases
PHIPepcoDPLACE
As of December 31, 20222.3 %2.3 %2.3 %2.4 %
As of December 31, 20212.2 %2.3 %2.1 %2.1 %
As of December 31, 20202.5 %2.6 %2.4 %2.4 %
ROU assets obtained in exchange for operating and finance lease obligations were as follows:
Operating Leases
ExelonComEdPECOBGEPHIPepcoDPLACE
For the year ended December 31, 2022$46 $— $— $— $$— $$
For the year ended December 31, 2021— — (1)— — 
For the year ended December 31, 2020(2)— — (1)— (1)— 
Finance Leases
PHIPepcoDPLACE
For the year ended December 31, 2022$14 $$$
For the year ended December 31, 202132 12 12 
For the year ended December 31, 202029 14 
Supplemental Balance Sheet Information Related to Lessee Right-of-Use Assets and Lease Liabilities [Table Text Block]
The following tables provide additional information regarding the presentation of operating and finance lease ROU assets and lease liabilities within the Registrants’ Consolidated Balance Sheets:
Operating Leases
Exelon ComEdPECOBGEPHIPepcoDPLACE
As of December 31, 2022
Operating lease ROU assets
Other deferred debits and other assets$265 $$$$180 $36 $39 $
Operating lease liabilities
Other current liabilities40 — — 31 
Other deferred credits and other liabilities266 — 167 34 42 
Total operating lease liabilities$306 $$$$198 $40 $50 $10 
As of December 31, 2021
Operating lease ROU assets
Other deferred debits and other assets$271 $$$16 $209 $43 $46 $11 
Operating lease liabilities
Other current liabilities52 — 15 31 
Other deferred credits and other liabilities263 195 40 49 
Total operating lease liabilities$315 $$$19 $226 $46 $57 $12 
Finance Leases
PHIPepcoDPLACE
As of December 31, 2022
Finance lease ROU assets
Plant, property and equipment, net$74 $25 $31 $18 
Finance lease liabilities
Long-term debt due within one year12 
Long-term debt64 21 27 16 
Total finance lease liabilities$76 $25 $32 $19 
As of December 31, 2021
Finance lease ROU assets
Plant, property and equipment, net$73 $25 $29 $19 
Finance lease liabilities
Long-term debt due within one year10 
Long-term debt64 23 25 16 
Total finance lease liabilities$74 $26 $29 $19 
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
Future minimum lease payments for operating and finance leases as of December 31, 2022 were as follows:
Operating Leases
YearExelon ComEdPECOBGEPHIPepcoDPLACE
2023$52 $$— $$37 $$10 $
202445 — — — 35 
202543 — — — 34 
202639 — — — 30 
202739 — — — 29 
Remaining years161 — 18 67 20 25 — 
Total379 19 232 48 62 11 
Interest73 — — 15 34 12 
Total operating lease liabilities$306 $$$$198 $40 $50 $10 
Finance Lease, Liability, Fiscal Year Maturity
Finance Leases
YearPHIPepcoDPLACE
2023$14 $$$
202414 
202515 
202615 
202712 
Remaining years12 
Total82 28 34 20 
Interest
Total finance lease liabilities$76 $25 $32 $19 
Schedule of Supplemental Cash Flow Information Related to Leases [Table Text Block]
Cash paid for amounts included in the measurement of operating and finance lease liabilities were as follows:
Operating cash flows from operating leases
ExelonComEdPECOBGEPHIPepcoDPLACE
For the year ended December 31, 2022$66 $$— $16 $37 $$$
For the year ended December 31, 202193 — 46 39 
For the year ended December 31, 202067 20 39 
Financing cash flows from finance leases
PHIPepcoDPLACE
For the year ended December 31, 2022$13 $$$
For the year ended December 31, 202110 
For the year ended December 31, 2020
Components of Operating Lease Income [Table Text Block]
The components of lease income were as follows:
Exelon ComEdPECOBGEPHIPepcoDPL
For the year ended December 31, 2022
Operating lease income$$— $— $— $$— $
Variable lease income— — — — 
For the year ended December 31, 2021
Operating lease income$$— $— $— $$— $
Variable lease income— — — — 
For the year ended December 31, 2020
Operating lease income$$— $— $— $$— $
Variable lease income— — — — 
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block]
Future minimum lease payments to be recovered under operating leases as of December 31, 2022 were as follows:
YearExelon ComEdPECOBGEPHIPepcoDPL
2023$$$— $— $$— $
2024— — — 
2025— — — — 
2026— — — — 
2027— — — — 
Remaining years27 — 23 — 22 
Total $52 $$$$44 $— $41