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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income (loss) $ 950 $ 1,460
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 2,741 2,922
Asset impairments 33 9
Gain on sales of assets and businesses (13) (33)
Deferred income taxes and amortization of investment tax credits 33 284
Net fair value changes related to derivatives (194) 107
Net realized and unrealized losses (gains) on NDT funds 196 (404)
Other non-cash operating activities 671 277
Changes in assets and liabilities:    
Accounts receivable 1,318 618
Inventories (14) 19
Accounts payable and accrued expenses (798) (924)
Option premiums (paid) received, net (102) 48
Collateral (posted) received, net 340 (311)
Income taxes (114) 151
Pension and non-pension postretirement benefit contributions (558) (355)
Other assets and liabilities (1,809) (970)
Net cash flows provided by operating activities 2,680 2,898
Cash flows from investing activities    
Capital expenditures (3,773) (3,572)
Proceeds from NDT fund sales 2,488 6,920
Investment in NDT funds (2,540) (6,847)
Collection of deferred purchase price 1,102 0
Proceeds from sales of assets and businesses 0 14
Other investing activities 4 26
Net cash flows provided by (used in) investing activities (2,719) (3,459)
Cash flows from financing activities    
Changes in short-term borrowings (751) 470
Proceeds from short-term borrowings with maturities greater than 90 days 500 0
Repayments on short-term borrowings with maturities greater than 90 days 0 (125)
Issuance of long-term debt 6,526 850
Retirement of long-term debt (3,894) (574)
Dividends paid on common stock (746) (704)
Proceeds from employee stock plans 46 75
Other financing activities (84) (34)
Net cash flows provided by (used in) financing activities 1,597 (42)
Increase (Decrease) in cash, cash equivalents and restricted cash 1,558 (603)
Cash, cash equivalents and restricted cash at beginning of period 1,122 1,781
Cash, cash equivalents and restricted cash at end of period 2,680 1,178
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (105) (133)
Increase in deferred purchase price 1,754 0
Increase in PPE related to ARO update 0 301
Exelon Generation Co L L C [Member]    
Cash flows from operating activities    
Net income (loss) 368 540
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 1,320 1,580
Asset impairments 18 9
Gain on sales of assets and businesses (12) (33)
Deferred income taxes and amortization of investment tax credits (54) 151
Net fair value changes related to derivatives (193) 114
Net realized and unrealized losses (gains) on NDT funds 196 (404)
Other non-cash operating activities 136 (50)
Changes in assets and liabilities:    
Accounts receivable 1,443 472
Receivables from and payables to affiliates, net 68 (18)
Inventories (34) 32
Accounts payable and accrued expenses (666) (507)
Option premiums (paid) received, net (102) 48
Collateral (posted) received, net 342 (318)
Income taxes 26 321
Pension and non-pension postretirement benefit contributions (243) (158)
Other assets and liabilities (1,332) (351)
Net cash flows provided by operating activities 1,281 1,428
Cash flows from investing activities    
Capital expenditures (930) (890)
Proceeds from NDT fund sales 2,488 6,920
Investment in NDT funds (2,540) (6,847)
Collection of deferred purchase price 1,102 0
Proceeds from sales of assets and businesses 0 14
Changes in Exelon/PHI intercompany money pool 0 (179)
Other investing activities 6 8
Net cash flows provided by (used in) investing activities 126 (974)
Cash flows from financing activities    
Changes in short-term borrowings (220) 0
Proceeds from short-term borrowings with maturities greater than 90 days 500 0
Issuance of long-term debt 2,403 40
Retirement of long-term debt (2,936) (130)
Changes in Exelon/PHI intercompany money pool 0 (100)
Distributions to member (937) (449)
Other financing activities (30) (21)
Net cash flows provided by (used in) financing activities (1,220) (660)
Increase (Decrease) in cash, cash equivalents and restricted cash 187 (206)
Cash, cash equivalents and restricted cash at beginning of period 449 903
Cash, cash equivalents and restricted cash at end of period 636 697
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (108) (30)
Increase in deferred purchase price 1,754 0
Increase in PPE related to ARO update 0 301
Commonwealth Edison Co [Member]    
Cash flows from operating activities    
Net income (loss) 107 344
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 547 508
Asset impairments 15 0
Deferred income taxes and amortization of investment tax credits 129 64
Other non-cash operating activities 283 87
Changes in assets and liabilities:    
Accounts receivable (92) 56
Receivables from and payables to affiliates, net (6) (16)
Inventories (7) (5)
Accounts payable and accrued expenses 4 (121)
Collateral (posted) received, net (3) 11
Income taxes (90) 43
Pension and non-pension postretirement benefit contributions (144) (68)
Other assets and liabilities (245) (236)
Net cash flows provided by operating activities 498 667
Cash flows from investing activities    
Capital expenditures (1,029) (961)
Other investing activities (4) 17
Net cash flows provided by (used in) investing activities (1,033) (944)
Cash flows from financing activities    
Changes in short-term borrowings (130) 303
Issuance of long-term debt 1,000 400
Retirement of long-term debt 0 (300)
Dividends paid on common stock (249) (254)
Contributions from parent 249 124
Other financing activities (14) (10)
Net cash flows provided by (used in) financing activities 856 263
Increase (Decrease) in cash, cash equivalents and restricted cash 321 (14)
Cash, cash equivalents and restricted cash at beginning of period 403 330
Cash, cash equivalents and restricted cash at end of period 724 316
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid 18 (77)
PECO Energy Co [Member]    
Cash flows from operating activities    
Net income (loss) 178 270
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 173 164
Deferred income taxes and amortization of investment tax credits 6 8
Other non-cash operating activities 25 15
Changes in assets and liabilities:    
Accounts receivable 22 39
Receivables from and payables to affiliates, net 3 (4)
Inventories 10 12
Accounts payable and accrued expenses 27 (31)
Income taxes 15 (11)
Pension and non-pension postretirement benefit contributions (18) (27)
Other assets and liabilities (48) (117)
Net cash flows provided by operating activities 393 318
Cash flows from investing activities    
Capital expenditures (512) (447)
Changes in Exelon/PHI intercompany money pool 68 0
Other investing activities 3 4
Net cash flows provided by (used in) investing activities (441) (443)
Cash flows from financing activities    
Issuance of long-term debt 350 0
Changes in Exelon/PHI intercompany money pool 0 52
Dividends paid on common stock (170) (180)
Contributions from parent 231 145
Other financing activities (3) (1)
Net cash flows provided by (used in) financing activities 408 16
Increase (Decrease) in cash, cash equivalents and restricted cash 360 (109)
Cash, cash equivalents and restricted cash at beginning of period 27 135
Cash, cash equivalents and restricted cash at end of period 387 26
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid 42 33
Baltimore Gas and Electric Company [Member]    
Cash flows from operating activities    
Net income (loss) 219 206
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 272 252
Deferred income taxes and amortization of investment tax credits 22 47
Other non-cash operating activities 50 41
Changes in assets and liabilities:    
Accounts receivable 19 85
Receivables from and payables to affiliates, net (26) (14)
Inventories 10 5
Accounts payable and accrued expenses (15) (73)
Collateral (posted) received, net 0 (5)
Income taxes 26 (29)
Pension and non-pension postretirement benefit contributions (68) (42)
Other assets and liabilities (5) (21)
Net cash flows provided by operating activities 504 452
Cash flows from investing activities    
Capital expenditures (548) (542)
Other investing activities (4) 4
Net cash flows provided by (used in) investing activities (552) (538)
Cash flows from financing activities    
Changes in short-term borrowings (76) 194
Issuance of long-term debt 400 0
Dividends paid on common stock (123) (112)
Contributions from parent 26 0
Other financing activities (8) 0
Net cash flows provided by (used in) financing activities 219 82
Increase (Decrease) in cash, cash equivalents and restricted cash 171 (4)
Cash, cash equivalents and restricted cash at beginning of period 25 13
Cash, cash equivalents and restricted cash at end of period 196 9
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (14) 24
Pepco Holdings LLC [Member]    
Cash flows from operating activities    
Net income (loss) 202 223
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 385 369
Deferred income taxes and amortization of investment tax credits (74) 2
Other non-cash operating activities 107 54
Changes in assets and liabilities:    
Accounts receivable (64) (34)
Receivables from and payables to affiliates, net (22) (8)
Inventories 6 (25)
Accounts payable and accrued expenses 14 (25)
Income taxes (30) (12)
Pension and non-pension postretirement benefit contributions (31) (11)
Other assets and liabilities (146) (114)
Net cash flows provided by operating activities 347 419
Cash flows from investing activities    
Capital expenditures (686) (698)
Other investing activities 2 2
Net cash flows provided by (used in) investing activities (684) (696)
Cash flows from financing activities    
Changes in short-term borrowings (189) (27)
Repayments on short-term borrowings with maturities greater than 90 days 0 (125)
Issuance of long-term debt 373 410
Retirement of long-term debt (35) (125)
Changes in Exelon/PHI intercompany money pool 10 3
Distributions to member (268) (216)
Contributions from member 359 283
Other financing activities (8) (4)
Net cash flows provided by (used in) financing activities 242 199
Increase (Decrease) in cash, cash equivalents and restricted cash (95) (78)
Cash, cash equivalents and restricted cash at beginning of period 181 186
Cash, cash equivalents and restricted cash at end of period 86 108
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (24) (74)
Potomac Electric Power Company [Member]    
Cash flows from operating activities    
Net income (loss) 109 119
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 186 186
Deferred income taxes and amortization of investment tax credits (22) 10
Other non-cash operating activities 11 8
Changes in assets and liabilities:    
Accounts receivable (45) (36)
Receivables from and payables to affiliates, net (22) 4
Inventories 3 (20)
Accounts payable and accrued expenses 11 (25)
Income taxes (18) (23)
Pension and non-pension postretirement benefit contributions (6) (6)
Other assets and liabilities (52) (40)
Net cash flows provided by operating activities 155 177
Cash flows from investing activities    
Capital expenditures (324) (298)
Changes in Exelon/PHI intercompany money pool 0 (38)
Other investing activities (3) 1
Net cash flows provided by (used in) investing activities (327) (335)
Cash flows from financing activities    
Changes in short-term borrowings (68) (40)
Issuance of long-term debt 150 260
Retirement of long-term debt (1) (117)
Changes in Exelon/PHI intercompany money pool 50 0
Dividends paid on common stock (101) (72)
Contributions from parent 137 129
Other financing activities (6) (3)
Net cash flows provided by (used in) financing activities 161 157
Increase (Decrease) in cash, cash equivalents and restricted cash (11) (1)
Cash, cash equivalents and restricted cash at beginning of period 63 53
Cash, cash equivalents and restricted cash at end of period 52 52
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (28) (18)
Delmarva Power and Light Company [Member]    
Cash flows from operating activities    
Net income (loss) 64 83
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 94 91
Deferred income taxes and amortization of investment tax credits (19) (5)
Other non-cash operating activities 40 11
Changes in assets and liabilities:    
Accounts receivable 6 15
Receivables from and payables to affiliates, net (2) (11)
Inventories 0 (3)
Accounts payable and accrued expenses 3 6
Income taxes (12) 11
Pension and non-pension postretirement benefit contributions 0 (1)
Other assets and liabilities (21) (26)
Net cash flows provided by operating activities 153 171
Cash flows from investing activities    
Capital expenditures (184) (160)
Changes in Exelon/PHI intercompany money pool (55) 0
Other investing activities (3) 1
Net cash flows provided by (used in) investing activities (242) (159)
Cash flows from financing activities    
Changes in short-term borrowings (56) 0
Issuance of long-term debt 100 0
Retirement of long-term debt (1) 0
Changes in Exelon/PHI intercompany money pool 0 38
Dividends paid on common stock (66) (70)
Contributions from parent 106 0
Other financing activities (1) 0
Net cash flows provided by (used in) financing activities 82 (32)
Increase (Decrease) in cash, cash equivalents and restricted cash (7) (20)
Cash, cash equivalents and restricted cash at beginning of period 13 24
Cash, cash equivalents and restricted cash at end of period 6 4
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (4) (17)
Atlantic City Electric Company [Member]    
Cash flows from operating activities    
Net income (loss) 31 24
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion, including nuclear fuel and energy contract amortization 86 71
Deferred income taxes and amortization of investment tax credits (30) 2
Other non-cash operating activities 34 7
Changes in assets and liabilities:    
Accounts receivable (23) (11)
Receivables from and payables to affiliates, net 9 (9)
Inventories 2 (1)
Accounts payable and accrued expenses 17 16
Income taxes 2 6
Pension and non-pension postretirement benefit contributions (2) 0
Other assets and liabilities (68) (44)
Net cash flows provided by operating activities 58 61
Cash flows from investing activities    
Capital expenditures (178) (227)
Other investing activities 5 0
Net cash flows provided by (used in) investing activities (173) (227)
Cash flows from financing activities    
Changes in short-term borrowings (65) 13
Repayments on short-term borrowings with maturities greater than 90 days 0 (125)
Issuance of long-term debt 123 150
Retirement of long-term debt (34) (9)
Changes in Exelon/PHI intercompany money pool 5 0
Dividends paid on common stock (35) (24)
Contributions from parent 116 155
Other financing activities (1) (1)
Net cash flows provided by (used in) financing activities 109 159
Increase (Decrease) in cash, cash equivalents and restricted cash (6) (7)
Cash, cash equivalents and restricted cash at beginning of period 28 30
Cash, cash equivalents and restricted cash at end of period 22 23
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid $ 7 $ (35)