Supplemental Financial Information (All Registrants)

9 Months Ended

Sep. 30, 2019

Supplemental Financial Information [Abstract]

Supplemental Financial Information (All Registrants)

Supplemental Financial Information (All Registrants)

Supplemental Statement of Operations Information

The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Operations and Comprehensive Income.

	Taxes other than income
	Exelon		Generation		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Three Months Ended September 30, 2019
Utility taxes(a)	$	241	$	29	$	66	$	38	$	21	$	86	$	81	$	5	$	—
Property	148		66		7		5		39		31		21		9		—
Payroll	57		28		7		3		4		6		2		1		1
Three Months Ended September 30, 2018
Utility taxes(a)	$	253	$	32	$	67	$	39	$	23	$	92	$	87	$	5	$	—
Property	145		70		7		4		37		26		16		9		—
Payroll	58		31		6		3		4		5		1		1		1
Nine Months Ended September 30, 2019
Utility taxes(a)	$	672	$	87	$	183	$	102	$	68	$	231	$	217	$	14	$	—
Property	444		205		22		12		114		91		64		25		2
Payroll	185		92		21		11		13		20		5		3		2
Nine Months Ended September 30, 2018
Utility taxes(a)	$	705	$	92	$	188	$	102	$	70	$	253	$	238	$	15	$	—
Property	416		204		22		12		106		71		45		24		2
Payroll	191		99		20		11		12		19		5		3		2

_________

(a) Generation’s utility tax represents gross receipts tax related to its retail operations, and the Utility Registrants' utility taxes represents 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.

	Other, Net
	Exelon			Generation			ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Three Months Ended September 30, 2019
Decommissioning-related activities:
Net realized income on NDT funds(a)
Regulatory agreement units	$	67		$	67		$	—	$	—	$	—	$	—	$	—	$	—	$	—
Non-regulatory agreement units	33			33			—		—		—		—		—		—		—
Net unrealized gains on NDT funds
Regulatory agreement units	89			89			—		—		—		—		—		—		—
Non-regulatory agreement units	55			55			—		—		—		—		—		—		—
Regulatory offset to NDT fund-related activities(b)	(125		)	(125		)	—		—		—		—		—		—		—
Decommissioning-related activities	119			119			—		—		—		—		—		—		—
AFUDC — Equity	22			—			4		3		6		9		7		1		1
Non-service net periodic benefit cost	(2		)	—			—		—		—		—		—		—		—
Three Months Ended September 30, 2018
Decommissioning-related activities:
Net realized income on NDT funds(a)
Regulatory agreement units	$	214		$	214		$	—	$	—	$	—	$	—	$	—	$	—	$	—
Non-regulatory agreement units	58			58			—		—		—		—		—		—		—
Net unrealized (losses) gains on NDT funds
Regulatory agreement units	(66		)	(66		)	—		—		—		—		—		—		—
Non-regulatory agreement units	72			72			—		—		—		—		—		—		—
Regulatory offset to NDT fund-related activities(b)	(110		)	(110		)	—		—		—		—		—		—		—
Decommissioning-related activities	168			168			—		—		—		—		—		—		—
AFUDC — Equity	16			—			4		1		5		6		6		—		—
Non-service net periodic benefit cost	(12		)	—			—		—		—		—		—		—		—

	Other, Net
	Exelon			Generation			ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Nine Months Ended September 30, 2019
Decommissioning-related activities:
Net realized income on NDT funds(a)
Regulatory agreement units	$	197		$	197		$	—	$	—	$	—	$	—	$	—	$	—	$	—
Non-regulatory agreement units	316			316			—		—		—		—		—		—		—
Net unrealized gains on NDT funds
Regulatory agreement units	565			565			—		—		—		—		—		—		—
Non-regulatory agreement units	236			236			—		—		—		—		—		—		—
Regulatory offset to NDT fund-related activities(b)	(611		)	(611		)	—		—		—		—		—		—		—
Decommissioning-related activities	703			703			—		—		—		—		—		—		—
AFUDC — Equity	64			—			13		9		16		26		18		3		4
Non-service net periodic benefit cost	8			—			—		—		—		—		—		—		—
Nine Months Ended September 30, 2018
Decommissioning-related activities:
Net realized income on NDT funds(a)
Regulatory agreement units	$	476		$	476		$	—	$	—	$	—	$	—	$	—	$	—	$	—
Non-regulatory agreement units	257			257			—		—		—		—		—		—		—
Net unrealized losses on NDT funds
Regulatory agreement units	(335		)	(335		)	—		—		—		—		—		—		—
Non-regulatory agreement units	(143		)	(143		)	—		—		—		—		—		—		—
Regulatory offset to NDT fund-related activities(b)	(110		)	(110		)	—		—		—		—		—		—		—
Decommissioning-related activities	145			145			—		—		—		—		—		—		—
AFUDC — Equity	47			—			12		3		13		19		17		2		—
Non-service net periodic benefit cost	(33		)	—			—		—		—		—		—		—		—

_________

(a) Realized income includes interest, dividends and realized gains and losses on sales of NDT fund investments.

(b) Includes the elimination of decommissioning-related activities for the Regulatory Agreement Units, including the elimination of income taxes related to all NDT fund activity for those units. See Note 15 — Asset Retirement Obligations of the Exelon 2018 Form 10-K for additional information regarding the accounting for nuclear decommissioning.

Supplemental Cash Flow Information

The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Cash Flows.

	Depreciation, amortization and accretion
	Exelon		Generation		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Nine Months Ended September 30, 2019
Property, plant and equipment(a)	$	2,803	$	1,184	$	661	$	225	$	263	$	405	$	178	$	109	$	89
Amortization of regulatory assets(a)	390		—		106		22		105		157		103		29		25
Amortization of intangible assets, net(a)	44		37		—		—		—		—		—		—		—
Amortization of energy contract assets and liabilities(b)	14		14		—		—		—		—		—		—		—
Nuclear fuel(c)	771		771		—		—		—		—		—		—		—
ARO accretion(d)	371		371		—		—		—		—		—		—		—
Total depreciation, amortization and accretion	$	4,393	$	2,377	$	767	$	247	$	368	$	562	$	281	$	138	$	114
Nine Months Ended September 30, 2018
Property, plant and equipment(a)	$	2,829	$	1,347	$	613	$	204	$	249	$	355	$	161	$	97	$	70
Amortization of regulatory assets(a)	412		—		83		20		109		200		125		38		37
Amortization of intangible assets, net(a)	43		36		—		—		—		—		—		—		—
Amortization of energy contract assets and liabilities(b)	8		8		—		—		—		—		—		—		—
Nuclear fuel(c)	852		852		—		—		—		—		—		—		—
ARO accretion(d)	367		365		—		—		—		—		—		—		—
Total depreciation, amortization and accretion	$	4,511	$	2,608	$	696	$	224	$	358	$	555	$	286	$	135	$	107

_________

(a) Included in Depreciation and amortization in the Registrants' Consolidated Statements of Operations and Comprehensive Income.

(b) Included in Operating revenues or Purchased power and fuel expense in the Registrants’ Consolidated Statements of Operations and Comprehensive Income.

(c) Included in Purchased power and fuel expense in the Registrants’ Consolidated Statements of Operations and Comprehensive Income.

(d) Included in Operating and maintenance expense in the Registrants’ Consolidated Statements of Operations and Comprehensive Income.

	Other non-cash operating activities
	Exelon			Generation			ComEd		PECO		BGE		PHI			Pepco			DPL			ACE
Nine Months Ended September 30, 2019
Pension and non-pension postretirement benefit costs	$	324		$	98		$	70	$	9	$	45	$	71		$	19		$	11		$	12
Provision for uncollectible accounts	89			20			26		22		5		16			7			2			6
Other decommissioning-related activity(a)	(400		)	(400		)	—		—		—		—			—			—			—
Energy-related options(b)	21			21			—		—		—		—			—			—			—
Amortization of rate stabilization deferral	(8		)	—			—		—		—		(8		)	(9		)	1			—
Discrete impacts from EIMA and FEJA(c)	80			—			80		—		—		—			—			—			—
Long-term incentive plan	33			—			—		—		—		—			—			—			—
Amortization of operating ROU asset	193			138			2		—		23		26			6			7			4
Change in environmental liabilities	23			—			—		—		—		23			23			—			—
Nine Months Ended September 30, 2018
Pension and non-pension postretirement benefit costs	$	435		$	151		$	133	$	14	$	43	$	51		$	10		$	5		$	10
Provision for uncollectible accounts	133			38			30		25		6		32			12			6			14
Other decommissioning-related activity(a)	(39		)	(39		)	—		—		—		—			—			—			—
Energy-related options(b)	4			4			—		—		—		—			—			—			—
Amortization of rate stabilization deferral	—			—			—		—		—		—			—			—			—
Discrete impacts from EIMA and FEJA(c)	27			—			27		—		—		—			—			—			—
Long-term incentive plan	84			—			—		—		—		—			—			—			—
Asset retirement costs	20			—			—		—		—		20			22			(1		)	(1		)

_______

(a) Includes the elimination of decommissioning-related activity for the Regulatory Agreement Units, including the elimination of operating revenues, ARO accretion, ARC amortization, investment income and income taxes related to all NDT fund activity for these units. See Note 15 — Asset Retirement Obligations of the Exelon 2018 Form 10-K for additional information regarding the accounting for nuclear decommissioning.

(b) Includes option premiums reclassified to realized at the settlement of the underlying contracts and recorded in Operating revenues and expenses.

(c) Reflects the change in ComEd's distribution and energy efficiency formula rates. See Note 6 — Regulatory Matters 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.

	Exelon		Generation		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
September 30, 2019
Cash and cash equivalents	$	1,683	$	1,019	$	76	$	224	$	130	$	99	$	18	$	11	$	13
Restricted cash	309		126		124		6		1		38		34		—		3
Restricted cash included in other long-term assets	186		—		171		—		—		15		—		—		15
Total cash, cash equivalents and restricted cash	$	2,178	$	1,145	$	371	$	230	$	131	$	152	$	52	$	11	$	31
December 31, 2018
Cash and cash equivalents	$	1,349	$	750	$	135	$	130	$	7	$	124	$	16	$	23	$	7
Restricted cash	247		153		29		5		6		43		37		1		4
Restricted cash included in other long-term assets	185		—		166		—		—		19		—		—		19
Total cash, cash equivalents and restricted cash	$	1,781	$	903	$	330	$	135	$	13	$	186	$	53	$	24	$	30
September 30, 2018
Cash and cash equivalents	$	1,918	$	1,187	$	124	$	102	$	113	$	153	$	12	$	110	$	11
Restricted cash	240		152		12		5		3		42		35		—		7
Restricted cash included in other long-term assets	163		—		144		—		—		19		—		—		19
Total cash, cash equivalents and restricted cash	$	2,321	$	1,339	$	280	$	107	$	116	$	214	$	47	$	110	$	37
December 31, 2017
Cash and cash equivalents	$	898	$	416	$	76	$	271	$	17	$	30	$	5	$	2	$	2
Restricted cash	207		138		5		4		1		42		35		—		6
Restricted cash included in other long-term assets	85		—		63		—		—		23		—		—		23
Total cash, cash equivalents and restricted cash	$	1,190	$	554	$	144	$	275	$	18	$	95	$	40	$	2	$	31

For additional information on restricted cash see Note 1 — Significant Accounting Policies of the Exelon 2018 Form 10-K. 

Supplemental Balance Sheet Information

The following tables provide additional information about material items recorded in the Registrants' Consolidated Balance Sheets.

	Unbilled customer revenues
	Exelon		Generation		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
September 30, 2019	$	1,256	$	676	$	212	$	102	$	103	$	163	$	91	$	38	$	34
December 31, 2018	1,656		965		223		114		168		186		97		59		30

	Accrued expenses
	Exelon		Generation		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
September 30, 2019
Compensation-related accruals(a)	$	880	$	336	$	133	$	48	$	63	$	86	$	26	$	17	$	13
Taxes accrued	431		247		56		13		64		80		61		17		3
Interest accrued	421		106		62		33		36		78		37		20		19
December 31, 2018
Compensation-related accruals(a)	$	1,191	$	479	$	187	$	49	$	68	$	99	$	29	$	19	$	12
Taxes accrued	412		226		71		28		46		74		58		4		5
Interest accrued	334		77		105		33		39		50		25		8		12

_________

(a)

Primarily includes accrued payroll, bonuses and other incentives, vacation and benefits.