Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]

The following table provides a rollforward of the contract assets and liabilities reflected in Exelon's and Generation's Consolidated Balance Sheets for the three and six months ended June 30, 2020 and 2019.

	Contract Assets						Contract Liabilities
	Exelon			Generation			Exelon			Generation
Balance as of December 31, 2019	$	174		$	174		$	33		$	71
Consideration received or due	(19		)	(19		)	20			55
Revenues recognized (a)	17			17			(24		)	(70		)
Balance at March 31, 2020	$	172		$	172		$	29		$	56
Consideration received or due	(26		)	(26		)	13			34
Revenues recognized (a)	13			13			(22		)	(63		)
Balance at June 30, 2020	$	159		$	159		$	20		$	27
Balance as of December 31, 2018	$	187		$	187		$	27		$	42
Consideration received or due	(26		)	(26		)	21			63
Revenues recognized (b)	26			26			(23		)	(66		)
Balance at March 31, 2019	$	187		$	187		$	25		$	39
Consideration received or due	(18		)	(18		)	17			52
Revenues recognized (b)	27			27			(21		)	(65		)
Balance at June 30, 2019	$	196		$	196		$	21		$	26

__________

(a) Revenues recognized in the three and six months ended June 30, 2020, which were included in contract liabilities at December 31, 2019, were approximately $14 million and $23 million, respectively, for Exelon and $42 million and $61 million, respectively, for Generation.

(b)

Revenues recognized in the three and six months ended June 30, 2019, which were included in contract liabilities at December 31, 2018, were approximately $9 million and $14 million, respectively, for Exelon and $24 million and $28 million, respectively, for Generation.

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]

The following table shows the amounts of future revenues expected to be recorded in each year for performance obligations that are unsatisfied or partially unsatisfied as of June 30, 2020. This disclosure only includes contracts for which the total consideration is fixed and determinable at contract inception. The average contract term varies by customer type and commodity but ranges from one month to several years.

This disclosure excludes Generation's power and gas sales contracts as they contain variable volumes and/or variable pricing. This disclosure also excludes the Utility Registrants' gas and electric tariff sales contracts and transmission revenue contracts as they generally have an original expected duration of one year or less and, therefore, do not contain any future, unsatisfied performance obligations to be included in this disclosure.

	2020		2021		2022		2023		2024 and thereafter		Total
Exelon	$	169	$	194	$	73	$	43	$	189	$	668
Generation	231		282		105		48		189		855