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Consolidated Balance Sheets (Unaudited) - PECO - 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
PECO Energy Co    
Current assets    
Cash and cash equivalents 43 59
Restricted cash and cash equivalents 9 9
Accounts receivable    
Customer accounts receivable 467 635
Customer allowance for credit losses (95) (105)
Customer accounts receivable, net 372 530
Other accounts receivable 136 153
Other allowance for credit losses (8) (9)
Other accounts receivable, net 128 144
Inventories, net    
Fossil fuel 56 99
Materials and supplies 60 52
Prepaid utility taxes 17 0
Regulatory assets 120 80
Other 52 38
Total current assets 909 1,015
Property, plant and equipment, net 12,895 12,125
Deferred debits and other assets    
Regulatory assets 762 652
Receivable related to Regulatory Agreement Units 206 237
Investments 34 30
Prepaid pension asset 425 413
Total deferred debits and other assets 1,455 1,362
Total assets 15,259 14,502
Current liabilities    
Short-term borrowings 0 239
Long-term debt due within one year 0 50
Accrued expenses 183 142
Customer deposits 77 63
Regulatory liabilities 112 75
Total current liabilities 1,001 1,311
Long-term debt 5,133 4,562
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,286 2,213
Regulatory liabilities 239 270
Asset retirement obligations 27 28
Non-pension postretirement benefit obligations 287 286
Other 85 85
Total deferred credits and other liabilities 2,924 2,882
Total liabilities 9,242 8,939
Commitments and contingencies
Shareholders’ equity    
Common stock 4,050 3,702
Retained earnings 1,967 1,861
Total shareholders’ equity 6,017 5,563
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 15,259 14,502
PECO Energy Co | Related Party    
Accounts receivable    
Receivables from affiliates 1 4
Receivable from Exelon/PHI intercompany money pool 51 0
Current liabilities    
Accounts payable 37 42
Long-term debt to financing trusts 184 184
PECO Energy Co | Nonrelated Party    
Deferred debits and other assets    
Other 28 30
Current liabilities    
Accounts payable 543 668
Other $ 49 $ 32