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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Components of Lease Cost [Table Text Block]
The components of lease costs for the three months ended September 30, 2019 were as follows:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Operating lease costs
$
97

 
$
73

 
$
1

 
$

 
$
8

 
$
12

 
$
3

 
$
3

 
$
2

Variable lease costs
79

 
74

 

 

 
1

 
1

 

 

 

Short-term lease costs
5

 
5

 

 

 

 

 

 

 

Total lease costs (a)
$
181

 
$
152

 
$
1

 
$

 
$
9

 
$
13

 
$
3

 
$
3

 
$
2

__________
(a)
Excludes $29 million, $28 million, $1 million and $1 million of sublease income recorded at Exelon, Generation, PHI and DPL, respectively
The components of lease costs for the nine months ended September 30, 2019 were as follows:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Operating lease costs
$
252

 
$
180

 
$
2

 
$
1

 
$
25

 
$
35

 
$
9

 
$
10

 
$
5

Variable lease costs
229

 
214

 
1

 

 
1

 
5

 
2

 
2

 
1

Short-term lease costs
16

 
16

 

 

 

 

 

 

 

Total lease costs (a)
$
497

 
$
410

 
$
3

 
$
1

 
$
26

 
$
40

 
$
11

 
$
12

 
$
6

__________
(a)
Excludes $48 million, $42 million, $6 million and $6 million of sublease income recorded at Exelon, Generation, PHI and DPL, respectively.
The weighted average remaining lease terms, in years, and discount rates for operating leases as of September 30, 2019 were as follows:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Remaining lease term
10.1

 
10.6

 
4.7

 
4.3

 
5.6

 
9.0

 
9.6

 
9.5

 
5.3

Discount rate
4.5
%
 
4.8
%
 
3.1
%
 
3.3
%
 
3.6
%
 
4.0
%
 
3.7
%
 
3.7
%
 
3.3
%

Supplemental Balance Sheet Information Related to Lessee Right-of-Use Assets and Lease Liabilities [Table Text Block]
The following table provides additional information regarding the presentation of operating lease ROU assets and lease liabilities within the Registrants’ Consolidated Balance Sheets as of September 30, 2019:
 
Exelon(a)
 
Generation(a)
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Operating lease ROU assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other deferred debits and other assets
$
1,374

 
$
926

 
$
10

 
$
2

 
$
83

 
$
304

 
$
66

 
$
75

 
$
24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating lease liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other current liabilities
242

 
170

 
3

 

 
32

 
35

 
8

 
11

 
5

Other deferred credits and other liabilities
1,355

 
949

 
8

 
1

 
50

 
279

 
60

 
74

 
19

Total operating lease liabilities
$
1,597

 
$
1,119

 
$
11

 
$
1

 
$
82

 
$
314

 
$
68

 
$
85

 
$
24

__________
(a)
Exelon's and Generation's operating ROU assets and lease liabilities include $542 million and $703 million, respectively, related to contracted generation.
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
Future minimum lease payments for operating leases as of September 30, 2019 were as follows:
Year
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
2019
$
65

 
$
50

 
$
1

 
$

 
$
1

 
$
11

 
$
3

 
$
2

 
$
2

2020
289

 
203

 
3

 
1

 
34

 
45

 
10

 
13

 
5

2021
246

 
162

 
3

 

 
31

 
43

 
9

 
12

 
5

2022
179

 
113

 
2

 

 
16

 
42

 
9

 
12

 
4

2023
148

 
100

 
1

 

 

 
41

 
8

 
11

 
4

Remaining years
1,123

 
837

 
2

 

 
19

 
197

 
43

 
53

 
6

Total
2,050

 
1,465

 
12

 
1

 
101

 
379

 
82

 
103

 
26

Interest
453

 
346

 
1

 

 
19

 
65

 
14

 
18

 
2

Total operating lease liabilities
$
1,597

 
$
1,119

 
$
11

 
$
1

 
$
82

 
$
314

 
$
68

 
$
85

 
$
24


Schedule of Future Minimum Lease Payments for Operating Leases [Table Text Block]
Future minimum lease payments for operating leases under the prior lease accounting guidance as of December 31, 2018 were as follows:
Year
Exelon(a)(b)
 
Generation(a)(b)
 
ComEd(a)(c)
 
PECO(a)(c)
 
BGE(a)(c)(d)(e)
 
PHI(a)
 
Pepco(a)
 
DPL(a)(c)
 
ACE(a)
2019
$
140

 
$
33

 
$
7

 
$
5

 
$
35

 
$
48

 
$
11

 
$
14

 
$
7

2020
149

 
46

 
5

 
5

 
35

 
46

 
10

 
13

 
6

2021
143

 
46

 
4

 
5

 
33

 
43

 
9

 
12

 
5

2022
126

 
47

 
4

 
5

 
18

 
42

 
8

 
12

 
5

2023
97

 
46

 
3

 
5

 
3

 
39

 
8

 
10

 
4

Remaining years
723

 
545

 

 

 
19

 
159

 
40

 
35

 
5

Total minimum future lease payments
$
1,378

 
$
763

 
$
23

 
$
25

 
$
143

 
$
377

 
$
86

 
$
96

 
$
32

__________
(a)
Includes amounts related to shared use land arrangements.
(b)
Excludes Generation’s contingent operating lease payments associated with contracted generation.
(c)
Amounts related to certain real estate leases and railroad licenses effectively have indefinite payment periods. As a result, ComEd, PECO, BGE and DPL have excluded these payments from the remaining years as such amounts would not be meaningful. ComEd's, PECO’s, BGE’s and DPL's average annual obligation for these arrangements, included in each of the years 2019 - 2023, was $3 million, $5 million, $1 million and $1 million respectively. Also includes amounts related to shared use land arrangements.
(d)
Includes all future lease payments on a 99-year real estate lease that expires in 2106.
(e)
The BGE column above includes minimum future lease payments associated with a 6-year lease for the Baltimore City conduit system that became effective during the fourth quarter of 2016. BGE's total commitments under the lease agreement are $26 million, $28 million, $28 million and $14 million related to years 2019 - 2022, respectively.
Schedule of Supplemental Cash Flow Information Related to Leases [Table Text Block]
Cash paid for amounts included in the measurement of lease liabilities for the nine months ended September 30, 2019 were as follows:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Operating cash flows from operating leases
$
225

 
$
156

 
$
2

 
$

 
$
32

 
$
29

 
$
7

 
$
6

 
$
4


ROU assets obtained in exchange for lease obligations for the nine months ended September 30, 2019 were as follows:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Operating leases
$
70

 
$
11

 
$
6

 
$

 
$
1

 
$
20

 
$
7

 
$
9

 
$
4


Components of Operating Lease Income [Table Text Block]
The components of lease income for the three months ended September 30, 2019 were as follows:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Operating lease income
$
30

 
$
29

 
$

 
$

 
$

 
$
1

 
$

 
$
1

 
$

Variable lease income
80

 
80

 

 

 

 

 

 

 


The components of lease income for the nine months ended September 30, 2019 were as follows:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Operating lease income
$
48

 
$
44

 
$

 
$

 
$

 
$
3

 
$

 
$
3

 
$

Variable lease income
209

 
206

 

 

 

 
3

 

 
3

 


Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]
Future minimum lease payments to be recovered under operating leases as of September 30, 2019 were as follows:
Year
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
2019
$
4

 
$
3

 
$

 
$

 
$

 
$
1

 
$

 
$
1

 
$

2020
51

 
46

 

 

 

 
4

 

 
3

 

2021
50

 
45

 

 

 

 
4

 
1

 
3

 

2022
50

 
45

 

 

 

 
5

 

 
4

 

2023
49

 
45

 

 

 

 
4

 

 
3

 

Remaining years
314

 
271

 
1

 
3

 
1

 
38

 

 
38

 

Total
$
518

 
$
455

 
$
1

 
$
3

 
$
1

 
$
56

 
$
1

 
$
52

 
$