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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 2,129 $ 587
Restricted cash and cash equivalents 373 358
Accounts receivable    
Customer accounts receivable 3,075 4,835
Customer allowance for credit losses (261) (243)
Customer accounts receivable, net 2,814 4,592
Other accounts receivable 1,549 1,631
Other allowance for credit losses (61) (48)
Other accounts receivable, net 1,488 1,583
Mark-to-market derivative assets, current 573 679
Unamortized energy contract assets, current 43 47
Inventories, net    
Fossil fuel and emission allowances 273 312
Materials and supplies 1,508 1,456
Regulatory assets, current 1,193 1,170
Other 2,139 1,253
Total current assets 12,533 12,037
Property, plant and equipment, net 81,748 80,233
Deferred debits and other assets    
Regulatory assets, noncurrent 8,313 8,335
Nuclear decommissioning trust funds 12,730 13,190
Investments 424 464
Goodwill 6,677 6,677
Mark-to-market derivative assets, noncurrent 466 508
Unamortized energy contract assets, noncurrent 321 336
Other 3,101 3,197
Total deferred debits and other assets 32,032 32,707
Total assets [1] 126,313 124,977
Current Liabilities    
Short-term borrowings 1,119 1,370
Long-term debt due within one year 2,514 4,710
Accounts payable 3,047 3,560
Accrued expenses 1,616 1,981
Payables to affiliates, current 5 5
Regulatory liabilities, current 495 406
Mark-to-market derivative liabilities, current 204 247
Unamortized energy contract liabilities, current 113 132
Renewable energy credit obligation 478 443
Other 1,474 1,331
Total current liabilities 11,065 14,185
Long-term debt 36,112 31,329
Long-term debt to financing trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 12,720 12,351
Asset retirement obligations, noncurrent 11,059 10,846
Pension obligations 3,659 4,247
Non-pension postretirement benefit obligations 2,121 2,076
Spent nuclear fuel obligation 1,206 1,199
Regulatory liabilities, noncurrent 9,414 9,986
Mark-to-market derivative liabilities, noncurrent 440 393
Unamortized energy contract liabilities, noncurrent 292 338
Other 2,964 3,064
Total deferred credits and other liabilities 43,875 44,500
Total liabilities [1] 91,442 90,404
Commitments and contingencies
Shareholders' equity    
Common stock 19,336 19,274
Treasury stock, at cost (123) (123)
Retained earnings/Undistributed earnings 16,622 16,267
Accumulated other comprehensive loss, net (3,132) (3,194)
Total shareholders’ equity 32,703 32,224
Member’s equity    
Noncontrolling interests 2,168 2,349
Total equity 34,871 34,573
Total liabilities and shareholders’ equity 126,313 124,977
Variable Interest Entity, Primary Beneficiary [Member]    
Current Assets    
Cash and cash equivalents 114 163
Restricted cash and cash equivalents 105 88
Accounts receivable    
Customer accounts receivable, net 145 151
Unamortized energy contract assets, current 22 23
Inventories, net    
Materials and supplies 236 227
Other 675 32
Total current assets 1,335 723
Property, plant and equipment, net 5,939 6,022
Deferred debits and other assets    
Nuclear decommissioning trust funds 2,642 2,741
Unamortized energy contract assets, noncurrent 258 250
Other 44 89
Total assets 10,218 9,825
Current Liabilities    
Long-term debt due within one year 191 544
Accounts payable 71 106
Accrued expenses 60 70
Unamortized energy contract liabilities, current 6 8
Other 6 3
Total current liabilities 334 731
Long-term debt 947 527
Deferred credits and other liabilities    
Asset retirement obligations, noncurrent 2,182 2,128
Unamortized energy contract liabilities, noncurrent 1 1
Other 80 89
Total liabilities 3,544 3,476
Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Deferred credits and other liabilities    
Total liabilities 3,542 3,473
Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member]    
Deferred debits and other assets    
Total assets 9,937 9,532
Exelon Generation Co L L C [Member]    
Current Assets    
Cash and cash equivalents 483 303
Restricted cash and cash equivalents 153 146
Accounts receivable    
Customer accounts receivable 1,117 2,973
Customer allowance for credit losses (33) (80)
Customer accounts receivable, net 1,084 2,893
Other accounts receivable 360 619
Other accounts receivable, net 360 619
Mark-to-market derivative assets, current 570 675
Receivables from affiliates, current 118 190
Unamortized energy contract assets, current 44 47
Inventories, net    
Fossil fuel and emission allowances 220 236
Materials and supplies 1,075 1,026
Renewable energy credits, current 399 336
Other 1,343 605
Total current assets 5,849 7,076
Property, plant and equipment, net 23,954 24,193
Deferred debits and other assets    
Nuclear decommissioning trust funds 12,730 13,190
Investments 192 235
Goodwill 47 47
Mark-to-market derivative assets, noncurrent 466 508
Prepaid pension asset 1,613 1,438
Unamortized energy contract assets, noncurrent 320 336
Deferred income taxes 11 12
Other 1,821 1,960
Total deferred debits and other assets 17,200 17,726
Total assets [2] 47,003 48,995
Current Liabilities    
Short-term borrowings 600 320
Long-term debt due within one year 785 2,624
Long-term debt to affiliates due within one year 554 558
Accounts payable 1,075 1,692
Accrued expenses 621 786
Payables to affiliates, current 113 117
Mark-to-market derivative liabilities, current 173 215
Unamortized energy contract liabilities, current 9 17
Renewable energy credit obligation 478 443
Other 430 517
Total current liabilities 4,838 7,289
Long-term debt 5,768 4,464
Long-term debt to affiliates 326 328
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 3,701 3,752
Asset retirement obligations, noncurrent 10,819 10,603
Non-pension postretirement benefit obligations 868 878
Spent nuclear fuel obligation 1,206 1,199
Payables to affiliates, noncurrent 2,751 3,103
Mark-to-market derivative liabilities, noncurrent 154 123
Unamortized energy contract liabilities, noncurrent 10 11
Other 1,335 1,415
Total deferred credits and other liabilities 20,844 21,084
Total liabilities [2] 31,776 33,165
Commitments and contingencies
Shareholders' equity    
Retained earnings/Undistributed earnings 3,534 3,950
Accumulated other comprehensive loss, net (39) (32)
Member’s equity    
Membership interest 9,569 9,566
Total members' equity 13,064 13,484
Noncontrolling interests 2,163 2,346
Total equity 15,227 15,830
Total liabilities and shareholders’ equity 47,003 48,995
Exelon Generation Co L L C [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Current Assets    
Cash and cash equivalents 114 163
Restricted cash and cash equivalents 102 85
Accounts receivable    
Customer accounts receivable, net 145 151
Unamortized energy contract assets, current 22 23
Inventories, net    
Materials and supplies 236 227
Other 671 31
Total current assets 1,328 719
Property, plant and equipment, net 5,939 6,022
Deferred debits and other assets    
Nuclear decommissioning trust funds 2,642 2,741
Unamortized energy contract assets, noncurrent 258 250
Other 30 73
Total assets 10,197 9,805
Current Liabilities    
Long-term debt due within one year 167 523
Accounts payable 71 106
Accrued expenses 60 70
Unamortized energy contract liabilities, current 6 8
Other 6 3
Total current liabilities 310 710
Long-term debt 934 504
Deferred credits and other liabilities    
Asset retirement obligations, noncurrent 2,182 2,128
Unamortized energy contract liabilities, noncurrent 1 1
Other 80 89
Total liabilities 3,507 3,432
Exelon Generation Co L L C [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Deferred credits and other liabilities    
Total liabilities 3,505 3,429
Exelon Generation Co L L C [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member]    
Deferred debits and other assets    
Total assets 9,916 9,512
Commonwealth Edison Co [Member]    
Current Assets    
Cash and cash equivalents 403 90
Restricted cash and cash equivalents 155 150
Accounts receivable    
Customer accounts receivable 706 604
Customer allowance for credit losses (72) (59)
Customer accounts receivable, net 634 545
Other accounts receivable 361 306
Other allowance for credit losses (22) (20)
Other accounts receivable, net 339 286
Receivables from affiliates, current 23 28
Inventories, net    
Inventories, net 166 159
Regulatory assets, current 271 281
Other 59 44
Total current assets 2,050 1,583
Property, plant and equipment, net 23,717 23,107
Deferred debits and other assets    
Regulatory assets, noncurrent 1,610 1,480
Investments 6 6
Goodwill 2,625 2,625
Receivables from affiliates, noncurrent 2,374 2,622
Prepaid pension asset 1,079 995
Other 435 347
Total deferred debits and other assets 8,129 8,075
Total assets 33,896 32,765
Current Liabilities    
Short-term borrowings 0 130
Long-term debt due within one year 500 500
Accounts payable 579 527
Accrued expenses 330 385
Payables to affiliates, current 92 103
Customer deposits 116 118
Regulatory liabilities, current 175 200
Mark-to-market derivative liabilities, current 31 32
Deferred Prosecution Agreement payments 200 0
Other 122 122
Total current liabilities 2,145 2,117
Long-term debt 8,980 7,991
Long-term debt to financing trusts 205 205
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 4,201 4,021
Asset retirement obligations, noncurrent 127 128
Non-pension postretirement benefit obligations 177 180
Regulatory liabilities, noncurrent 6,309 6,542
Mark-to-market derivative liabilities, noncurrent 287 269
Other 681 635
Total deferred credits and other liabilities 11,782 11,775
Total liabilities 23,112 22,088
Commitments and contingencies
Shareholders' equity    
Common stock 1,588 1,588
Other paid-in capital 7,821 7,572
Retained deficit unappropriated (1,700) (1,639)
Retained earnings appropriated 3,075 3,156
Total shareholders’ equity 10,784 10,677
Member’s equity    
Total liabilities and shareholders’ equity 33,896 32,765
PECO Energy Co [Member]    
Current Assets    
Cash and cash equivalents 380 21
Restricted cash and cash equivalents 7 6
Accounts receivable    
Customer accounts receivable 379 412
Customer allowance for credit losses (71) (55)
Customer accounts receivable, net 308 357
Other accounts receivable 128 145
Other allowance for credit losses (7) (7)
Other accounts receivable, net 121 138
Receivables from affiliates, current 0 1
Receivable from Exelon/PHI intercompany money pool 0 68
Inventories, net    
Fossil fuel and emission allowances 26 36
Materials and supplies 35 35
Prepaid utility taxes 76 0
Regulatory assets, current 46 41
Other 21 19
Total current assets 1,020 722
Property, plant and equipment, net 9,688 9,292
Deferred debits and other assets    
Regulatory assets, noncurrent 604 554
Investments 27 27
Receivables from affiliates, noncurrent 376 480
Prepaid pension asset 379 365
Other 26 29
Total deferred debits and other assets 1,412 1,455
Total assets 12,120 11,469
Current Liabilities    
Accounts payable 463 387
Accrued expenses 92 101
Payables to affiliates, current 57 55
Customer deposits 67 69
Regulatory liabilities, current 116 91
Other 29 19
Total current liabilities 824 722
Long-term debt 3,752 3,405
Long-term debt to financing trusts 184 184
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,139 2,080
Asset retirement obligations, noncurrent 26 28
Non-pension postretirement benefit obligations 287 288
Regulatory liabilities, noncurrent 404 510
Other 86 74
Total deferred credits and other liabilities 2,942 2,980
Total liabilities 7,702 7,291
Commitments and contingencies
Shareholders' equity    
Common stock 2,997 2,766
Retained earnings/Undistributed earnings 1,421 1,412
Total shareholders’ equity 4,418 4,178
Member’s equity    
Total liabilities and shareholders’ equity 12,120 11,469
Baltimore Gas and Electric Company [Member]    
Current Assets    
Cash and cash equivalents 195 24
Restricted cash and cash equivalents 1 1
Accounts receivable    
Customer accounts receivable 318 329
Customer allowance for credit losses (23) (12)
Customer accounts receivable, net 295 317
Other accounts receivable 121 152
Other allowance for credit losses (6) (5)
Other accounts receivable, net 115 147
Receivables from affiliates, current 0 1
Inventories, net    
Fossil fuel and emission allowances 22 30
Materials and supplies 44 46
Prepaid utility taxes 0 78
Regulatory assets, current 177 183
Other 6 6
Total current assets 855 833
Property, plant and equipment, net 9,332 8,990
Deferred debits and other assets    
Regulatory assets, noncurrent 464 454
Investments 10 7
Prepaid pension asset 295 264
Other 71 86
Total deferred debits and other assets 840 811
Total assets 11,027 10,634
Current Liabilities    
Short-term borrowings 0 76
Accounts payable 244 243
Accrued expenses 120 152
Payables to affiliates, current 41 66
Customer deposits 118 120
Regulatory liabilities, current 44 33
Other 63 63
Total current liabilities 630 753
Long-term debt 3,663 3,270
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,480 1,396
Asset retirement obligations, noncurrent 22 22
Non-pension postretirement benefit obligations 193 199
Regulatory liabilities, noncurrent 1,131 1,195
Other 103 116
Total deferred credits and other liabilities 2,929 2,928
Total liabilities 7,222 6,951
Commitments and contingencies
Shareholders' equity    
Common stock 1,933 1,907
Retained earnings/Undistributed earnings 1,872 1,776
Total shareholders’ equity 3,805 3,683
Member’s equity    
Total liabilities and shareholders’ equity 11,027 10,634
Pepco Holdings LLC [Member]    
Current Assets    
Cash and cash equivalents 39 131
Restricted cash and cash equivalents 36 36
Accounts receivable    
Customer accounts receivable 554 516
Customer allowance for credit losses (62) (37)
Customer accounts receivable, net 492 479
Other accounts receivable 234 190
Other allowance for credit losses (26) (16)
Other accounts receivable, net 208 174
Receivables from affiliates, current 1 1
Inventories, net    
Fossil fuel and emission allowances 5 8
Materials and supplies 187 190
Regulatory assets, current 449 412
Other 75 49
Total current assets 1,492 1,480
Property, plant and equipment, net 14,692 14,296
Deferred debits and other assets    
Regulatory assets, noncurrent 1,962 2,061
Investments 135 135
Goodwill 4,005 4,005
Prepaid pension asset 396 406
Deferred income taxes 13 13
Other 309 323
Total deferred debits and other assets 6,820 6,943
Total assets [3] 23,004 22,719
Current Liabilities    
Short-term borrowings 19 208
Long-term debt due within one year 350 103
Accounts payable 486 462
Accrued expenses 238 296
Payables to affiliates, current 76 98
Borrowings from Exelon/PHI intercompany money pool 22 12
Customer deposits 115 117
Regulatory liabilities, current 148 70
Unamortized energy contract liabilities, current 103 115
Other 128 131
Total current liabilities 1,685 1,612
Long-term debt 6,540 6,460
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,350 2,278
Asset retirement obligations, noncurrent 57 57
Non-pension postretirement benefit obligations 87 93
Regulatory liabilities, noncurrent 1,553 1,707
Unamortized energy contract liabilities, noncurrent 282 327
Other 549 577
Total deferred credits and other liabilities 4,878 5,039
Total liabilities [3] 13,103 13,111
Commitments and contingencies
Shareholders' equity    
Retained earnings/Undistributed earnings (76) (10)
Member’s equity    
Membership interest 9,977 9,618
Total members' equity 9,901 9,608
Total equity 9,901 9,608
Total liabilities and shareholders’ equity 23,004 22,719
Pepco Holdings LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Current Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 3 3
Accounts receivable    
Customer accounts receivable, net 0 0
Unamortized energy contract assets, current 0 0
Inventories, net    
Materials and supplies 0 0
Other 4 1
Total current assets 7 4
Property, plant and equipment, net 0 0
Deferred debits and other assets    
Nuclear decommissioning trust funds 0 0
Unamortized energy contract assets, noncurrent 0 0
Other 14 16
Total assets 21 20
Current Liabilities    
Long-term debt due within one year 24 21
Accounts payable 0 0
Accrued expenses 0 0
Unamortized energy contract liabilities, current 0 0
Other 0 0
Total current liabilities 24 21
Long-term debt 13 23
Deferred credits and other liabilities    
Asset retirement obligations, noncurrent 0 0
Unamortized energy contract liabilities, noncurrent 0 0
Other 0 0
Total liabilities 37 44
Pepco Holdings LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Deferred credits and other liabilities    
Total liabilities 37 44
Pepco Holdings LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member]    
Deferred debits and other assets    
Total assets 21 20
Potomac Electric Power Company [Member]    
Current Assets    
Cash and cash equivalents 19 30
Restricted cash and cash equivalents 33 33
Accounts receivable    
Customer accounts receivable 272 244
Customer allowance for credit losses (24) (13)
Customer accounts receivable, net 248 231
Other accounts receivable 121 98
Other allowance for credit losses (11) (7)
Other accounts receivable, net 110 91
Receivables from affiliates, current 2 0
Inventories, net    
Inventories, net 109 112
Regulatory assets, current 215 188
Other 11 11
Total current assets 747 696
Property, plant and equipment, net 7,102 6,909
Deferred debits and other assets    
Regulatory assets, noncurrent 556 584
Investments 111 110
Prepaid pension asset 290 296
Other 63 66
Total deferred debits and other assets 1,020 1,056
Total assets 8,869 8,661
Current Liabilities    
Short-term borrowings 14 82
Long-term debt due within one year 3 2
Accounts payable 195 195
Accrued expenses 123 156
Payables to affiliates, current 46 66
Borrowings from Exelon/PHI intercompany money pool 50 0
Customer deposits 57 57
Regulatory liabilities, current 48 8
Merger related obligation 39 39
Current portion of DC PLUG obligation 30 30
Other 16 22
Total current liabilities 621 657
Long-term debt 3,010 2,862
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,168 1,131
Asset retirement obligations, noncurrent 41 41
Non-pension postretirement benefit obligations 15 20
Regulatory liabilities, noncurrent 686 746
Other 276 297
Total deferred credits and other liabilities 2,186 2,235
Total liabilities 5,817 5,754
Commitments and contingencies
Shareholders' equity    
Common stock 1,933 1,796
Retained earnings/Undistributed earnings 1,119 1,111
Total shareholders’ equity 3,052 2,907
Member’s equity    
Total liabilities and shareholders’ equity 8,869 8,661
Delmarva Power and Light Company [Member]    
Current Assets    
Cash and cash equivalents 6 13
Restricted cash and cash equivalents 0 0
Accounts receivable    
Customer accounts receivable 145 152
Customer allowance for credit losses (18) (11)
Customer accounts receivable, net 127 141
Other accounts receivable 48 42
Other allowance for credit losses (7) (4)
Other accounts receivable, net 41 38
Receivables from affiliates, current 1 0
Receivable from Exelon/PHI intercompany money pool 55 0
Inventories, net    
Fossil fuel and emission allowances 5 8
Materials and supplies 47 44
Prepaid utility taxes 2 18
Regulatory assets, current 55 52
Renewable energy credits, current 21 9
Other 3 2
Total current assets 363 325
Property, plant and equipment, net 4,143 4,035
Deferred debits and other assets    
Regulatory assets, noncurrent 222 222
Goodwill 8 8
Prepaid pension asset 166 171
Other 64 69
Total deferred debits and other assets 460 470
Total assets 4,966 4,830
Current Liabilities    
Short-term borrowings 0 56
Long-term debt due within one year 81 80
Accounts payable 113 112
Accrued expenses 34 46
Payables to affiliates, current 27 32
Customer deposits 35 36
Regulatory liabilities, current 60 37
Other 17 15
Total current liabilities 367 414
Long-term debt 1,594 1,487
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 680 655
Non-pension postretirement benefit obligations 15 16
Regulatory liabilities, noncurrent 526 574
Other 100 104
Total deferred credits and other liabilities 1,321 1,349
Total liabilities 3,282 3,250
Commitments and contingencies
Shareholders' equity    
Common stock 1,083 977
Retained earnings/Undistributed earnings 601 603
Total shareholders’ equity 1,684 1,580
Member’s equity    
Total liabilities and shareholders’ equity 4,966 4,830
Atlantic City Electric Company [Member]    
Current Assets    
Cash and cash equivalents 8 12
Restricted cash and cash equivalents 3 2
Accounts receivable    
Customer accounts receivable 137 121
Customer allowance for credit losses (20) (13)
Customer accounts receivable, net 117 108
Other accounts receivable 59 53
Other allowance for credit losses (8) (5)
Other accounts receivable, net 51 48
Receivables from affiliates, current 1 4
Inventories, net    
Inventories, net 32 34
Prepaid utility taxes 34 0
Regulatory assets, current 71 57
Other 4 5
Total current assets 321 270
Property, plant and equipment, net 3,302 3,190
Deferred debits and other assets    
Regulatory assets, noncurrent 369 368
Prepaid pension asset 47 52
Other 50 53
Total deferred debits and other assets 466 473
Total assets [4] 4,089 3,933
Current Liabilities    
Short-term borrowings 5 70
Long-term debt due within one year 260 20
Accounts payable 170 144
Accrued expenses 39 42
Payables to affiliates, current 31 25
Borrowings from Exelon/PHI intercompany money pool 5 0
Customer deposits 24 25
Regulatory liabilities, current 40 25
Other 8 9
Total current liabilities 582 360
Long-term debt 1,160 1,307
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 590 577
Non-pension postretirement benefit obligations 17 17
Regulatory liabilities, noncurrent 312 357
Other 40 39
Total deferred credits and other liabilities 959 990
Total liabilities [4] 2,701 2,657
Commitments and contingencies
Shareholders' equity    
Common stock 1,270 1,154
Retained earnings/Undistributed earnings 118 122
Total shareholders’ equity 1,388 1,276
Member’s equity    
Total liabilities and shareholders’ equity 4,089 3,933
Atlantic City Electric Company [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Current Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 3 3
Accounts receivable    
Customer accounts receivable, net 0 0
Unamortized energy contract assets, current 0 0
Inventories, net    
Materials and supplies 0 0
Other 0 0
Total current assets 3 3
Property, plant and equipment, net 0 0
Deferred debits and other assets    
Nuclear decommissioning trust funds 0 0
Unamortized energy contract assets, noncurrent 0 0
Other 11 14
Total assets 14 17
Current Liabilities    
Long-term debt due within one year 20 20
Accounts payable 0 0
Accrued expenses 0 0
Unamortized energy contract liabilities, current 0 0
Other 0 0
Total current liabilities 20 20
Long-term debt 11 21
Deferred credits and other liabilities    
Asset retirement obligations, noncurrent 0 0
Unamortized energy contract liabilities, noncurrent 0 0
Other 0 0
Total liabilities 31 41
Atlantic City Electric Company [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Deferred credits and other liabilities    
Total liabilities 31 41
Atlantic City Electric Company [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member]    
Deferred debits and other assets    
Total assets $ 14 $ 17
[1]
Exelon’s consolidated assets include $9,937 million and $9,532 million at June 30, 2020 and December 31, 2019, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Exelon’s consolidated liabilities include $3,542 million and $3,473 million at June 30, 2020 and December 31, 2019, respectively, of certain VIEs for which the VIE creditors do not have recourse to Exelon. See Note 16Variable Interest Entities for additional information.
[2]
Generation’s consolidated assets include $9,916 million and $9,512 million at June 30, 2020 and December 31, 2019, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Generation’s consolidated liabilities include $3,505 million and $3,429 million at June 30, 2020 and December 31, 2019, respectively, of certain VIEs for which the VIE creditors do not have recourse to Generation. See Note 16Variable Interest Entities for additional information.
[3]
PHI’s consolidated total assets include $21 million and $20 million at June 30, 2020 and December 31, 2019, respectively, of PHI's consolidated VIE that can only be used to settle the liabilities of the VIE. PHI’s consolidated total liabilities include $37 million and $44 million at June 30, 2020 and December 31, 2019, respectively, of PHI's consolidated VIE for which the VIE creditors do not have recourse to PHI. See Note 16Variable Interest Entities for additional information.
[4]
ACE’s consolidated total assets include $14 million and $17 million at June 30, 2020 and December 31, 2019, respectively, of ACE's consolidated VIE that can only be used to settle the liabilities of the VIE. ACE’s consolidated total liabilities include $31 million and $41 million at June 30, 2020 and December 31, 2019, respectively, of ACE's consolidated VIE for which the VIE creditors do not have recourse to ACE. See Note 16Variable Interest Entities for additional information.