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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 663 $ 587
Restricted cash and cash equivalents 438 358
Accounts receivable    
Customer accounts receivable 3,597 4,835
Customer allowance for credit losses (366) (243)
Customer accounts receivable, net 3,231 4,592
Other accounts receivable 1,469 1,631
Other allowance for credit losses (71) (48)
Other accounts receivable, net 1,398 1,583
Mark-to-market derivative assets, current 644 679
Unamortized energy contract assets, current 38 47
Inventories, net    
Fossil fuel and emission allowances 297 312
Materials and supplies 1,425 1,456
Regulatory assets, current 1,228 1,170
Renewable energy credits, current 633 348
Assets held for sale 958 0
Other 1,609 905
Total current assets 12,562 12,037
Property, plant and equipment, net 82,584 80,233
Accumulated depreciation and amortization 26,727 23,979
Deferred debits and other assets    
Regulatory assets, noncurrent 8,759 8,335
Nuclear decommissioning trust funds 14,464 13,190
Investments 440 464
Goodwill 6,677 6,677
Mark-to-market derivative assets, noncurrent 555 508
Unamortized energy contract assets, noncurrent 294 336
Other 2,982 3,197
Total deferred debits and other assets 34,171 32,707
Total assets [1] 129,317 124,977
Current liabilities    
Short-term borrowings 2,031 1,370
Long-term debt due within one year 1,819 4,710
Accounts payable 3,562 3,560
Accrued expenses 2,078 1,981
Payables to affiliates, current 5 5
Regulatory liabilities, current 581 406
Mark-to-market derivative liabilities, current 295 247
Unamortized energy contract liabilities, current 100 132
Renewable energy credit obligation 661 443
Liabilities held for sale 375 0
Other 1,264 1,331
Total current liabilities 12,771 14,185
Long-term debt 35,093 31,329
Long-term debt to financing trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 13,035 12,351
Asset retirement obligations, noncurrent 12,300 10,846
Pension obligations 4,503 4,247
Non-pension postretirement benefits obligations 2,011 2,076
Spent nuclear fuel obligation 1,208 1,199
Regulatory liabilities, noncurrent 9,485 9,986
Mark-to-market derivative liabilities, noncurrent 473 393
Unamortized energy contract liabilities, noncurrent 238 338
Other 2,942 3,064
Total deferred credits and other liabilities 46,195 44,500
Total liabilities [1] 94,449 90,404
Commitments and contingencies
Shareholders’ equity    
Common stock 19,373 19,274
Treasury stock, at cost (123) (123)
Retained earnings/Undistributed earnings (losses) 16,735 16,267
Accumulated other comprehensive loss, net (3,400) (3,194)
Total shareholders’ equity 32,585 32,224
Member’s equity    
Noncontrolling interests 2,283 2,349
Total equity 34,868 34,573
Total liabilities and equity $ 129,317 $ 124,977
Common Stock, Shares Authorized 2,000,000,000 2,000,000,000
Common Stock, Shares, Outstanding 976,000,000 973,000,000
Treasury Stock, Shares 2,000,000 2,000,000
Variable Interest Entity, Primary Beneficiary [Member]    
Current assets    
Cash and cash equivalents $ 98 $ 163
Restricted cash and cash equivalents 47 88
Accounts receivable    
Customer accounts receivable, net 148 151
Unamortized energy contract assets, current 22 23
Inventories, net    
Materials and supplies 244 227
Assets held for sale 101 0
Other 674 32
Total current assets 1,370 723
Property, plant and equipment, net 5,803 6,022
Deferred debits and other assets    
Nuclear decommissioning trust funds 3,007 2,741
Unamortized energy contract assets, noncurrent 249 250
Other 52 89
Total assets 10,481 9,825
Current liabilities    
Long-term debt due within one year 94 544
Accounts payable 81 106
Accrued expenses 70 70
Unamortized energy contract liabilities, current 4 8
Liabilities held for sale 16 0
Other 5 3
Total current liabilities 270 731
Long-term debt 889 527
Deferred credits and other liabilities    
Asset retirement obligations, noncurrent 2,318 2,128
Unamortized energy contract liabilities, noncurrent 0 1
Other 129 89
Total liabilities 3,606 3,476
Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Deferred credits and other liabilities    
Total liabilities 3,598 3,473
Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member]    
Deferred debits and other assets    
Total assets 10,200 9,532
Exelon Generation Co L L C [Member]    
Current assets    
Cash and cash equivalents 226 303
Restricted cash and cash equivalents 89 146
Accounts receivable    
Customer accounts receivable 1,330 2,973
Customer allowance for credit losses (32) (80)
Customer accounts receivable, net 1,298 2,893
Other accounts receivable 352 619
Other accounts receivable, net 352 619
Mark-to-market derivative assets, current 644 675
Receivables from affiliates, current 153 190
Unamortized energy contract assets, current 38 47
Inventories, net    
Fossil fuel and emission allowances 233 236
Materials and supplies 978 1,026
Renewable energy credits, current 621 336
Assets held for sale 958 0
Other 1,357 605
Total current assets 6,947 7,076
Property, plant and equipment, net 22,214 24,193
Accumulated depreciation and amortization 13,370 12,017
Deferred debits and other assets    
Nuclear decommissioning trust funds 14,464 13,190
Investments 184 235
Goodwill 47 47
Mark-to-market derivative assets, noncurrent 555 508
Prepaid pension asset 1,558 1,438
Unamortized energy contract assets, noncurrent 293 336
Deferred income taxes 6 12
Other 1,826 1,960
Total deferred debits and other assets 18,933 17,726
Total assets [2] 48,094 48,995
Current liabilities    
Short-term borrowings 840 320
Long-term debt due within one year 197 2,624
Long-term debt to affiliates due within one year 0 558
Accounts payable 1,253 1,692
Accrued expenses 788 786
Payables to affiliates, current 107 117
Borrowings from Exelon/PHI intercompany money pool 285 0
Mark-to-market derivative liabilities, current 262 215
Unamortized energy contract liabilities, current 7 17
Renewable energy credit obligation 661 443
Liabilities held for sale 375 0
Other 444 517
Total current liabilities 5,219 7,289
Long-term debt 5,566 4,464
Long-term debt to affiliates 324 328
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 3,656 3,752
Asset retirement obligations, noncurrent 12,054 10,603
Non-pension postretirement benefits obligations 858 878
Spent nuclear fuel obligation 1,208 1,199
Payables to affiliates, noncurrent 3,017 3,103
Mark-to-market derivative liabilities, noncurrent 205 123
Unamortized energy contract liabilities, noncurrent 3 11
Other 1,308 1,415
Total deferred credits and other liabilities 22,309 21,084
Total liabilities [2] 33,418 33,165
Commitments and contingencies
Shareholders’ equity    
Retained earnings/Undistributed earnings (losses) 2,805 3,950
Accumulated other comprehensive loss, net (30) (32)
Member’s equity    
Membership interest 9,624 9,566
Total member’s equity 12,399 13,484
Noncontrolling interests 2,277 2,346
Total equity 14,676 15,830
Total liabilities and equity 48,094 48,995
Exelon Generation Co L L C [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Current assets    
Cash and cash equivalents 98 163
Restricted cash and cash equivalents 44 85
Accounts receivable    
Customer accounts receivable, net 148 151
Unamortized energy contract assets, current 22 23
Inventories, net    
Materials and supplies 244 227
Assets held for sale 101 0
Other 669 31
Total current assets 1,362 719
Property, plant and equipment, net 5,803 6,022
Deferred debits and other assets    
Nuclear decommissioning trust funds 3,007 2,741
Unamortized energy contract assets, noncurrent 249 250
Other 42 73
Total assets 10,463 9,805
Current liabilities    
Long-term debt due within one year 68 523
Accounts payable 81 106
Accrued expenses 70 70
Unamortized energy contract liabilities, current 4 8
Liabilities held for sale 16 0
Other 5 3
Total current liabilities 244 710
Long-term debt 889 504
Deferred credits and other liabilities    
Asset retirement obligations, noncurrent 2,318 2,128
Unamortized energy contract liabilities, noncurrent 0 1
Other 129 89
Total liabilities 3,580 3,432
Exelon Generation Co L L C [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Deferred credits and other liabilities    
Total liabilities 3,572 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 10,182 9,512
Commonwealth Edison Co [Member]    
Current assets    
Cash and cash equivalents 83 90
Restricted cash and cash equivalents 279 150
Accounts receivable    
Customer accounts receivable 656 604
Customer allowance for credit losses (97) (59)
Customer accounts receivable, net 559 545
Other accounts receivable 239 306
Other allowance for credit losses (21) (20)
Other accounts receivable, net 218 286
Receivables from affiliates, current 22 28
Inventories, net    
Inventories, net 170 159
Regulatory assets, current 279 281
Other 49 44
Total current assets 1,659 1,583
Property, plant and equipment, net 24,557 23,107
Accumulated depreciation and amortization 5,672 5,168
Deferred debits and other assets    
Regulatory assets, noncurrent 1,749 1,480
Investments 6 6
Goodwill 2,625 2,625
Receivable from affiliates, noncurrent 2,541 2,622
Prepaid pension asset 1,022 995
Other 307 347
Total deferred debits and other assets 8,250 8,075
Total assets 34,466 32,765
Current liabilities    
Short-term borrowings 323 130
Long-term debt due within one year 350 500
Accounts payable 683 527
Accrued expenses 390 385
Payables to affiliates, current 96 103
Customer deposits 86 118
Regulatory liabilities, current 289 200
Mark-to-market derivative liabilities, current 33 32
Other 143 122
Total current liabilities 2,393 2,117
Long-term debt 8,633 7,991
Long-term debt to financing trusts 205 205
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 4,341 4,021
Asset retirement obligations, noncurrent 126 128
Non-pension postretirement benefits obligations 173 180
Regulatory liabilities, noncurrent 6,403 6,542
Mark-to-market derivative liabilities, noncurrent 268 269
Other 595 635
Total deferred credits and other liabilities 11,906 11,775
Total liabilities 23,137 22,088
Commitments and contingencies
Shareholders’ equity    
Common stock 1,588 1,588
Other paid-in capital 8,285 7,572
Retained deficit unappropriated (1,639) (1,639)
Retained earnings appropriated 3,095 3,156
Total shareholders’ equity 11,329 10,677
Member’s equity    
Total liabilities and equity $ 34,466 $ 32,765
Commonwealth Edison Co [Member] | Common Stock [Member]    
Shareholders’ equity    
Common Stock, Par or Stated Value Per Share $ 12.50 $ 12.50
Member’s equity    
Common Stock, Shares Authorized 250,000,000 250,000,000
Common Stock, Shares, Outstanding 127,000,000 127,000,000
PECO Energy Co [Member]    
Current assets    
Cash and cash equivalents $ 19 $ 21
Restricted cash and cash equivalents 7 6
Accounts receivable    
Customer accounts receivable 511 412
Customer allowance for credit losses (116) (55)
Customer accounts receivable, net 395 357
Other accounts receivable 130 145
Other allowance for credit losses (8) (7)
Other accounts receivable, net 122 138
Receivables from affiliates, current 2 1
Receivable from Exelon/PHI intercompany money pool 0 68
Inventories, net    
Fossil fuel and emission allowances 33 36
Materials and supplies 38 35
Regulatory assets, current 25 41
Other 21 19
Total current assets 662 722
Property, plant and equipment, net 10,181 9,292
Accumulated depreciation and amortization 3,843 3,718
Deferred debits and other assets    
Regulatory assets, noncurrent 776 554
Investments 30 27
Receivable from affiliates, noncurrent 475 480
Prepaid pension asset 375 365
Other 32 29
Total deferred debits and other assets 1,688 1,455
Total assets 12,531 11,469
Current liabilities    
Long-term debt due within one year 300 0
Accounts payable 479 387
Accrued expenses 129 101
Payables to affiliates, current 50 55
Borrowings from Exelon/PHI intercompany money pool 40 0
Customer deposits 59 69
Regulatory liabilities, current 121 91
Other 30 19
Total current liabilities 1,208 722
Long-term debt 3,453 3,405
Long-term debt to financing trusts 184 184
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,242 2,080
Asset retirement obligations, noncurrent 29 28
Non-pension postretirement benefits obligations 286 288
Regulatory liabilities, noncurrent 503 510
Other 93 74
Total deferred credits and other liabilities 3,153 2,980
Total liabilities 7,998 7,291
Commitments and contingencies
Shareholders’ equity    
Common stock 3,014 2,766
Retained earnings/Undistributed earnings (losses) 1,519 1,412
Total shareholders’ equity 4,533 4,178
Member’s equity    
Total liabilities and equity $ 12,531 $ 11,469
PECO Energy Co [Member] | Common Stock [Member]    
Member’s equity    
Common Stock, Shares Authorized 500,000,000 500,000,000
Common Stock, Shares, Outstanding 170,000,000 170,000,000
Common Stock, No Par Value $ 0 $ 0
Baltimore Gas and Electric Company [Member]    
Current assets    
Cash and cash equivalents $ 144 $ 24
Restricted cash and cash equivalents 1 1
Accounts receivable    
Customer accounts receivable 487 329
Customer allowance for credit losses (35) (12)
Customer accounts receivable, net 452 317
Other accounts receivable 117 152
Other allowance for credit losses (9) (5)
Other accounts receivable, net 108 147
Receivables from affiliates, current 3 1
Inventories, net    
Fossil fuel and emission allowances 41 46
Materials and supplies 25 30
Prepaid utility taxes 0 78
Regulatory assets, current 168 183
Other 6 6
Total current assets 948 833
Property, plant and equipment, net 9,872 8,990
Accumulated depreciation and amortization 4,034 3,834
Deferred debits and other assets    
Regulatory assets, noncurrent 481 454
Investments 10 7
Prepaid pension asset 270 264
Other 69 86
Total deferred debits and other assets 830 811
Total assets 11,650 10,634
Current liabilities    
Short-term borrowings 0 76
Long-term debt due within one year 300 0
Accounts payable 346 243
Accrued expenses 205 152
Payables to affiliates, current 61 66
Customer deposits 110 120
Regulatory liabilities, current 30 33
Other 91 63
Total current liabilities 1,143 753
Long-term debt 3,364 3,270
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,521 1,396
Asset retirement obligations, noncurrent 23 22
Non-pension postretirement benefits obligations 189 199
Regulatory liabilities, noncurrent 1,109 1,195
Other 104 116
Total deferred credits and other liabilities 2,946 2,928
Total liabilities 7,453 6,951
Commitments and contingencies
Shareholders’ equity    
Common stock [3] 2,318 1,907
Retained earnings/Undistributed earnings (losses) 1,879 1,776
Total shareholders’ equity 4,197 3,683
Member’s equity    
Total liabilities and equity $ 11,650 $ 10,634
Baltimore Gas and Electric Company [Member] | Common Stock [Member]    
Member’s equity    
Common Stock, Shares Authorized 1,500 1,500
Common Stock, Shares, Outstanding 1,000 1,000
Common Stock, No Par Value $ 0 $ 0
Pepco Holdings LLC [Member]    
Current assets    
Cash and cash equivalents $ 111 $ 131
Restricted cash and cash equivalents 39 36
Accounts receivable    
Customer accounts receivable 611 516
Customer allowance for credit losses (86) (37)
Customer accounts receivable, net 525 479
Other accounts receivable 260 190
Other allowance for credit losses (33) (16)
Other accounts receivable, net 227 174
Receivables from affiliates, current 8 1
Inventories, net    
Fossil fuel and emission allowances 6 8
Materials and supplies 198 190
Regulatory assets, current 440 412
Other 45 49
Total current assets 1,599 1,480
Property, plant and equipment, net 15,377 14,296
Accumulated depreciation and amortization 1,811 1,213
Deferred debits and other assets    
Regulatory assets, noncurrent 1,933 2,061
Investments 140 135
Goodwill 4,005 4,005
Prepaid pension asset 365 406
Deferred income taxes 10 13
Other 307 323
Total deferred debits and other assets 6,760 6,943
Total assets 23,736 22,719
Current liabilities    
Short-term borrowings 368 208
Long-term debt due within one year 347 103
Accounts payable 539 462
Accrued expenses 299 296
Payables to affiliates, current 104 98
Borrowings from Exelon/PHI intercompany money pool 21 12
Customer deposits 106 117
Regulatory liabilities, current 137 70
Unamortized energy contract liabilities, current 92 115
Other 141 131
Total current liabilities 2,154 1,612
Long-term debt 6,659 6,460
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,439 2,278
Asset retirement obligations, noncurrent 59 57
Non-pension postretirement benefits obligations 86 93
Regulatory liabilities, noncurrent 1,438 1,707
Unamortized energy contract liabilities, noncurrent 235 327
Other 622 577
Total deferred credits and other liabilities 4,879 5,039
Total liabilities [4] 13,692 13,111
Commitments and contingencies
Shareholders’ equity    
Retained earnings/Undistributed earnings (losses) (68) (10)
Member’s equity    
Membership interest 10,112 9,618
Total member’s equity 10,044 9,608
Total equity 10,044 9,608
Total liabilities and equity 23,736 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
Assets held for sale 0 0
Other 5 1
Total current assets 8 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 10 16
Total assets 18 20
Current liabilities    
Long-term debt due within one year 26 21
Accounts payable 0 0
Accrued expenses 0 0
Unamortized energy contract liabilities, current 0 0
Liabilities held for sale 0 0
Other 0 0
Total current liabilities 26 21
Long-term debt 0 23
Deferred credits and other liabilities    
Asset retirement obligations, noncurrent 0 0
Unamortized energy contract liabilities, noncurrent 0 0
Other 0 0
Total liabilities 26 44
Pepco Holdings LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Deferred credits and other liabilities    
Total liabilities 26 44
Pepco Holdings LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member]    
Deferred debits and other assets    
Total assets 18 20
Potomac Electric Power Company [Member]    
Current assets    
Cash and cash equivalents 30 30
Restricted cash and cash equivalents 35 33
Accounts receivable    
Customer accounts receivable 279 244
Customer allowance for credit losses (32) (13)
Customer accounts receivable, net 247 231
Other accounts receivable 131 98
Other allowance for credit losses (13) (7)
Other accounts receivable, net 118 91
Receivables from affiliates, current 2 0
Inventories, net    
Inventories, net 111 112
Regulatory assets, current 214 188
Other 13 11
Total current assets 770 696
Property, plant and equipment, net 7,456 6,909
Accumulated depreciation and amortization 3,697 3,517
Deferred debits and other assets    
Regulatory assets, noncurrent 570 584
Investments 115 110
Prepaid pension asset 284 296
Other 69 66
Total deferred debits and other assets 1,038 1,056
Total assets 9,264 8,661
Current liabilities    
Short-term borrowings 35 82
Long-term debt due within one year 3 2
Accounts payable 226 195
Accrued expenses 164 156
Payables to affiliates, current 55 66
Customer deposits 51 57
Regulatory liabilities, current 46 8
Merger related obligation 33 39
Current portion of DC PLUG obligation 30 30
Other 31 22
Total current liabilities 674 657
Long-term debt 3,162 2,862
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,189 1,131
Asset retirement obligations, noncurrent 39 41
Non-pension postretirement benefits obligations 13 20
Regulatory liabilities, noncurrent 644 746
Other 340 297
Total deferred credits and other liabilities 2,225 2,235
Total liabilities 6,061 5,754
Commitments and contingencies
Shareholders’ equity    
Common stock [5] 2,058 1,796
Retained earnings/Undistributed earnings (losses) 1,145 1,111
Total shareholders’ equity 3,203 2,907
Member’s equity    
Total liabilities and equity $ 9,264 $ 8,661
Potomac Electric Power Company [Member] | Common Stock [Member]    
Shareholders’ equity    
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Member’s equity    
Common Stock, Shares Authorized 200,000,000 200,000,000
Common Stock, Shares, Outstanding 100 100
Delmarva Power & Light Company [Member]    
Current assets    
Cash and cash equivalents $ 15 $ 13
Restricted cash and cash equivalents 0 0
Accounts receivable    
Customer accounts receivable 176 152
Customer allowance for credit losses (22) (11)
Customer accounts receivable, net 154 141
Other accounts receivable 68 42
Other allowance for credit losses (9) (4)
Other accounts receivable, net 59 38
Receivables from affiliates, current 1 0
Inventories, net    
Fossil fuel and emission allowances 6 8
Materials and supplies 51 44
Prepaid utility taxes 11 18
Regulatory assets, current 58 52
Renewable energy credits, current 10 9
Other 3 2
Total current assets 368 325
Property, plant and equipment, net 4,314 4,035
Accumulated depreciation and amortization 1,533 1,425
Deferred debits and other assets    
Regulatory assets, noncurrent 222 222
Investments 0 0
Goodwill 8 8
Prepaid pension asset 162 171
Other 66 69
Total deferred debits and other assets 458 470
Total assets 5,140 4,830
Current liabilities    
Short-term borrowings 146 56
Long-term debt due within one year 82 80
Accounts payable 126 112
Accrued expenses 46 46
Payables to affiliates, current 36 32
Customer deposits 32 36
Regulatory liabilities, current 47 37
Other 20 15
Total current liabilities 535 414
Long-term debt 1,595 1,487
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 715 655
Asset retirement obligations, noncurrent 14 12
Non-pension postretirement benefits obligations 15 16
Regulatory liabilities, noncurrent 493 574
Other 97 92
Total deferred credits and other liabilities 1,334 1,349
Total liabilities 3,464 3,250
Commitments and contingencies
Shareholders’ equity    
Common stock [6] 1,089 977
Retained earnings/Undistributed earnings (losses) 587 603
Total shareholders’ equity 1,676 1,580
Member’s equity    
Total liabilities and equity $ 5,140 $ 4,830
Delmarva Power & Light Company [Member] | Common Stock [Member]    
Shareholders’ equity    
Common Stock, Par or Stated Value Per Share $ 2.25 $ 2.25
Member’s equity    
Common Stock, Shares Authorized 1,000 1,000
Common Stock, Shares, Outstanding 1,000 1,000
Atlantic City Electric Company [Member]    
Current assets    
Cash and cash equivalents $ 17 $ 12
Restricted cash and cash equivalents 3 2
Accounts receivable    
Customer accounts receivable 156 121
Customer allowance for credit losses (32) (13)
Customer accounts receivable, net 124 108
Other accounts receivable 72 53
Other allowance for credit losses (11) (5)
Other accounts receivable, net 61 48
Receivables from affiliates, current 6 4
Inventories, net    
Inventories, net 37 34
Regulatory assets, current 75 57
Other 3 5
Total current assets 326 270
Property, plant and equipment, net 3,475 3,190
Accumulated depreciation and amortization 1,303 1,210
Deferred debits and other assets    
Regulatory assets, noncurrent 395 368
Investments 0 0
Prepaid pension asset 40 52
Other 50 53
Total deferred debits and other assets 485 473
Total assets [7] 4,286 3,933
Current liabilities    
Short-term borrowings 187 70
Long-term debt due within one year 261 20
Accounts payable 177 144
Accrued expenses 46 42
Payables to affiliates, current 31 25
Customer deposits 23 25
Regulatory liabilities, current 44 25
Other 11 9
Total current liabilities 780 360
Long-term debt 1,152 1,307
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 624 577
Non-pension postretirement benefits obligations 17 17
Regulatory liabilities, noncurrent 274 357
Other 48 39
Total deferred credits and other liabilities 963 990
Total liabilities [7] 2,895 2,657
Commitments and contingencies
Shareholders’ equity    
Common stock 1,271 1,154
Retained earnings/Undistributed earnings (losses) 120 122
Total shareholders’ equity 1,391 1,276
Member’s equity    
Total liabilities and equity $ 4,286 $ 3,933
Atlantic City Electric Company [Member] | Common Stock [Member]    
Shareholders’ equity    
Common Stock, Par or Stated Value Per Share $ 3 $ 3
Member’s equity    
Common Stock, Shares Authorized 25,000,000 25,000,000
Common Stock, Shares, Outstanding 9,000,000 9,000,000
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
Assets held for sale 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 10 14
Total assets 13 17
Current liabilities    
Long-term debt due within one year 21 20
Accounts payable 0 0
Accrued expenses 0 0
Unamortized energy contract liabilities, current 0 0
Liabilities held for sale 0 0
Other 0 0
Total current liabilities 21 20
Long-term debt 0 21
Deferred credits and other liabilities    
Asset retirement obligations, noncurrent 0 0
Unamortized energy contract liabilities, noncurrent 0 0
Other 0 0
Total liabilities 21 41
Atlantic City Electric Company [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member]    
Deferred credits and other liabilities    
Total liabilities 21 41
Atlantic City Electric Company [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member]    
Deferred debits and other assets    
Total assets $ 13 $ 17
[1] Exelon’s consolidated assets include $10,200 million and $9,532 million at December 31, 2020 and 2019, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Exelon’s consolidated liabilities include $3,598 million and $3,473 million at December 31, 2020 and 2019, respectively, of certain VIEs for which the VIE creditors do not have recourse to Exelon. See Note 23–Variable Interest Entities for additional information.
[2] Generation’s consolidated assets include $10,182 million and $9,512 million at December 31, 2020 and 2019, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Generation’s consolidated liabilities include $3,572 million and $3,429 million at December 31, 2020 and 2019, respectively, of certain VIEs for which the VIE creditors do not have recourse to Generation. See Note 23–Variable Interest Entities for additional information.
[3] In millions, shares round to zero. Number of shares is 1,500 authorized and 1,000 outstanding at December 31, 2020 and 2019.
[4] PHI’s consolidated total assets include $18 million and $20 million at December 31, 2020 and 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 $26 million and $44 million at December 31, 2020 and 2019, respectively, of PHI's consolidated VIE for which the VIE creditors do not have recourse to PHI. See Note 23 - Variable Interest Entities for additional information.
[5] In millions, shares round to zero. Number of shares is 100 outstanding at December 31, 2020 and 2019.
[6] In millions, shares round to zero. Number of shares is 1,000 authorized and 1,000 outstanding at December 31, 2020 and 2019.
[7] ACE’s consolidated assets include $13 million and $17 million at December 31, 2020 and 2019, respectively, of ACE’s consolidated VIE that can only be used to settle the liabilities of the VIE. ACE’s consolidated liabilities include $21 million and $41 million at December 31, 2020 and 2019, respectively, of ACE’s consolidated VIE for which the VIE creditors do not have recourse to ACE. See Note 23 - Variable Interest Entities for additional information.