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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net income (loss) $ 1,441 $ 1,519
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 6,204 4,419
Asset impairments 541 567
Gain on sales of assets and businesses (147) (16)
Deferred income taxes and amortization of investment tax credits (45) 164
Net fair value changes related to derivatives (1,244) (448)
Net realized and unrealized (gains) losses on NDT funds (383) (59)
Unrealized loss on equity investments 83 0
Other non-cash operating activities (293) 988
Changes in assets and liabilities:    
Accounts receivable (254) 1,195
Inventories (101) (67)
Accounts payable and accrued expenses 354 (519)
Option premiums paid, net (186) (131)
Collateral received (posted), net 2,111 644
Income taxes 250 (31)
Pension and non-pension postretirement benefit contributions (602) (580)
Other assets and liabilities (3,588) (3,423)
Net cash flows provided by operating activities 4,141 4,222
Cash flows from investing activities    
Capital expenditures (5,970) (5,606)
Proceeds from NDT fund sales 5,766 3,370
Investment in NDT funds (5,900) (3,438)
Collection of deferred purchase price 3,052 2,518
Proceeds from sales of assets and businesses 801 46
Other investing activities 40 (2)
Net cash flows provided by (used in) investing activities (2,211) (3,112)
Cash flows from financing activities    
Changes in short-term borrowings (744) (689)
Proceeds from short-term borrowings with maturities greater than 90 days 1,380 500
Issuance of long-term debt 3,406 6,756
Retirement of long-term debt (1,618) (5,158)
Dividends paid on common stock (1,121) (1,119)
Acquisition of CENG noncontrolling interest (885) 0
Proceeds from employee stock plans 63 62
Other financing activities (93) (104)
Net cash flows provided by (used in) financing activities 388 248
Increase (decrease) in cash, restricted cash, and cash equivalents 2,318 1,358
Cash, restricted cash, and cash equivalents at beginning of period 1,166 1,122
Cash, restricted cash, and cash equivalents at end of period 3,484 2,480
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (334) (11)
Increase in deferred purchase price 2,933 3,275
Increase in PPE related to ARO update 574 775
Exelon Generation Co L L C [Member]    
Cash flows from operating activities    
Net income (loss) (122) 485
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 3,951 2,266
Asset impairments 537 552
Gain on sales of assets and businesses (144) (12)
Deferred income taxes and amortization of investment tax credits (204) (51)
Net fair value changes related to derivatives (1,244) (448)
Net realized and unrealized (gains) losses on NDT funds (383) (59)
Unrealized loss on equity investments 83 0
Other non-cash operating activities (582) 293
Changes in assets and liabilities:    
Accounts receivable (207) 1,463
Change in Receivables From Payables To Affiliates, Net 82 75
Inventories (29) (65)
Accounts payable and accrued expenses 357 (619)
Option premiums paid, net (186) (131)
Collateral received (posted), net 1,974 640
Income taxes 177 112
Pension and non-pension postretirement benefit contributions (237) (249)
Other assets and liabilities (2,849) (2,889)
Net cash flows provided by operating activities 974 1,363
Cash flows from investing activities    
Capital expenditures (1,086) (1,212)
Proceeds from NDT fund sales 5,766 3,370
Investment in NDT funds (5,900) (3,438)
Collection of deferred purchase price 3,052 2,518
Proceeds from sales of assets and businesses 802 46
Other investing activities 5 5
Net cash flows provided by (used in) investing activities 2,639 1,289
Cash flows from financing activities    
Changes in short-term borrowings (340) (280)
Proceeds from short-term borrowings with maturities greater than 90 days 880 500
Issuance of long-term debt 152 2,405
Retirement of long-term debt (89) (3,613)
Changes in Exelon/PHI intercompany money pool (285) 0
Acquisition of CENG noncontrolling interest (885) 0
Distributions to member (1,373) (1,406)
Contributions from member 64 64
Other financing activities (45) (48)
Net cash flows provided by (used in) financing activities (1,921) (2,378)
Increase (decrease) in cash, restricted cash, and cash equivalents 1,692 274
Cash, restricted cash, and cash equivalents at beginning of period 327 449
Cash, restricted cash, and cash equivalents at end of period 2,019 723
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (77) (77)
Increase in deferred purchase price 2,933 3,275
Increase in PPE related to ARO update 550 775
Commonwealth Edison Co [Member]    
Cash flows from operating activities    
Net income (loss) 609 304
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 893 841
Asset impairments 0 15
Deferred income taxes and amortization of investment tax credits 211 205
Other non-cash operating activities 95 354
Changes in assets and liabilities:    
Accounts receivable (72) (104)
Change in Receivables From Payables To Affiliates, Net (16) (13)
Inventories (6) (2)
Accounts payable and accrued expenses (36) 21
Collateral received (posted), net 68 3
Income taxes (9) (22)
Pension and non-pension postretirement benefit contributions (176) (145)
Other assets and liabilities (376) (380)
Net cash flows provided by operating activities 1,185 1,077
Cash flows from investing activities    
Capital expenditures (1,723) (1,583)
Other investing activities 20 0
Net cash flows provided by (used in) investing activities (1,703) (1,583)
Cash flows from financing activities    
Changes in short-term borrowings (323) 11
Issuance of long-term debt 1,150 1,000
Retirement of long-term debt (350) (500)
Dividends paid on common stock (380) (374)
Contributions from parent 593 488
Other financing activities (16) (14)
Net cash flows provided by (used in) financing activities 674 611
Increase (decrease) in cash, restricted cash, and cash equivalents 156 105
Cash, restricted cash, and cash equivalents at beginning of period 405 403
Cash, restricted cash, and cash equivalents at end of period 561 508
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (118) 49
PECO Energy Co [Member]    
Cash flows from operating activities    
Net income (loss) 383 317
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 259 259
Deferred income taxes and amortization of investment tax credits 19 (5)
Other non-cash operating activities 4 27
Changes in assets and liabilities:    
Accounts receivable 47 (2)
Change in Receivables From Payables To Affiliates, Net 16 (7)
Inventories (21) (3)
Accounts payable and accrued expenses (23) 32
Income taxes 55 48
Pension and non-pension postretirement benefit contributions (15) (18)
Other assets and liabilities (87) (13)
Net cash flows provided by operating activities 637 635
Cash flows from investing activities    
Capital expenditures (878) (824)
Changes in Exelon/PHI intercompany money pool 0 68
Other investing activities 5 4
Net cash flows provided by (used in) investing activities (873) (752)
Cash flows from financing activities    
Issuance of long-term debt 750 350
Retirement of long-term debt (300) 0
Changes in Exelon/PHI intercompany money pool (40) 0
Dividends paid on common stock (254) (255)
Contributions from parent 414 248
Other financing activities (8) (4)
Net cash flows provided by (used in) financing activities 562 339
Increase (decrease) in cash, restricted cash, and cash equivalents 326 222
Cash, restricted cash, and cash equivalents at beginning of period 26 27
Cash, restricted cash, and cash equivalents at end of period 352 249
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid 25 28
Baltimore Gas and Electric Company [Member]    
Cash flows from operating activities    
Net income (loss) 290 273
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 434 405
Deferred income taxes and amortization of investment tax credits 7 35
Other non-cash operating activities 77 82
Changes in assets and liabilities:    
Accounts receivable 92 (19)
Change in Receivables From Payables To Affiliates, Net (13) (27)
Inventories (30) 2
Accounts payable and accrued expenses 14 53
Income taxes 3 46
Pension and non-pension postretirement benefit contributions (76) (74)
Other assets and liabilities (129) (50)
Net cash flows provided by operating activities 669 726
Cash flows from investing activities    
Capital expenditures (907) (838)
Other investing activities 13 0
Net cash flows provided by (used in) investing activities (894) (838)
Cash flows from financing activities    
Changes in short-term borrowings 0 (76)
Issuance of long-term debt 600 400
Retirement of long-term debt (300) 0
Dividends paid on common stock (219) (186)
Contributions from parent 257 284
Other financing activities (6) (8)
Net cash flows provided by (used in) financing activities 332 414
Increase (decrease) in cash, restricted cash, and cash equivalents 107 302
Cash, restricted cash, and cash equivalents at beginning of period 145 25
Cash, restricted cash, and cash equivalents at end of period 252 327
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (70) 7
Pepco Holdings LLC [Member]    
Cash flows from operating activities    
Net income (loss) 535 418
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 614 585
Deferred income taxes and amortization of investment tax credits 0 (99)
Other non-cash operating activities (35) 115
Changes in assets and liabilities:    
Accounts receivable (112) (121)
Change in Receivables From Payables To Affiliates, Net (19) (26)
Inventories (13) (2)
Accounts payable and accrued expenses 19 57
Income taxes 17 (14)
Pension and non-pension postretirement benefit contributions (43) (35)
Other assets and liabilities (120) (61)
Net cash flows provided by operating activities 843 817
Cash flows from investing activities    
Capital expenditures (1,299) (1,072)
Other investing activities (1) 3
Net cash flows provided by (used in) investing activities (1,300) (1,069)
Cash flows from financing activities    
Changes in short-term borrowings (81) (208)
Issuance of long-term debt 750 601
Retirement of long-term debt (255) (119)
Changes in Exelon/PHI intercompany money pool (5) 9
Distributions to member (605) (451)
Contributions from member 667 493
Other financing activities (12) (10)
Net cash flows provided by (used in) financing activities 459 315
Increase (decrease) in cash, restricted cash, and cash equivalents 2 63
Cash, restricted cash, and cash equivalents at beginning of period 160 181
Cash, restricted cash, and cash equivalents at end of period 162 244
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (74) (5)
Potomac Electric Power Company [Member]    
Cash flows from operating activities    
Net income (loss) 264 227
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 302 282
Deferred income taxes and amortization of investment tax credits 12 (36)
Other non-cash operating activities (54) 6
Changes in assets and liabilities:    
Accounts receivable (57) (61)
Change in Receivables From Payables To Affiliates, Net (2) (23)
Inventories (6) 2
Accounts payable and accrued expenses 14 36
Income taxes (10) (11)
Pension and non-pension postretirement benefit contributions (9) (8)
Other assets and liabilities (114) 15
Net cash flows provided by operating activities 340 429
Cash flows from investing activities    
Capital expenditures (641) (512)
Changes in Exelon/PHI intercompany money pool 0 (117)
Other investing activities (2) (3)
Net cash flows provided by (used in) investing activities (643) (632)
Cash flows from financing activities    
Changes in short-term borrowings 5 (82)
Issuance of long-term debt 275 300
Retirement of long-term debt (1) (2)
Dividends paid on common stock (221) (174)
Contributions from parent 244 262
Other financing activities (4) (6)
Net cash flows provided by (used in) financing activities 298 298
Increase (decrease) in cash, restricted cash, and cash equivalents (5) 95
Cash, restricted cash, and cash equivalents at beginning of period 65 63
Cash, restricted cash, and cash equivalents at end of period 60 158
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (16) (23)
Delmarva Power and Light Company [Member]    
Cash flows from operating activities    
Net income (loss) 135 91
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 157 143
Deferred income taxes and amortization of investment tax credits 5 (20)
Other non-cash operating activities (2) 47
Changes in assets and liabilities:    
Accounts receivable 26 3
Change in Receivables From Payables To Affiliates, Net (12) (5)
Inventories (5) (3)
Accounts payable and accrued expenses 17 21
Income taxes 19 (12)
Pension and non-pension postretirement benefit contributions (1) (1)
Other assets and liabilities (7) (25)
Net cash flows provided by operating activities 332 239
Cash flows from investing activities    
Capital expenditures (320) (278)
Other investing activities 1 (3)
Net cash flows provided by (used in) investing activities (319) (281)
Cash flows from financing activities    
Changes in short-term borrowings (124) (56)
Issuance of long-term debt 125 178
Retirement of long-term debt 0 (79)
Dividends paid on common stock (106) (99)
Contributions from parent 120 112
Other financing activities (4) (1)
Net cash flows provided by (used in) financing activities 11 55
Increase (decrease) in cash, restricted cash, and cash equivalents 24 13
Cash, restricted cash, and cash equivalents at beginning of period 15 13
Cash, restricted cash, and cash equivalents at end of period 39 26
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid (24) 8
Atlantic City Electric Company [Member]    
Cash flows from operating activities    
Net income (loss) 141 106
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 133 134
Deferred income taxes and amortization of investment tax credits (20) (40)
Other non-cash operating activities (8) 34
Changes in assets and liabilities:    
Accounts receivable (81) (62)
Change in Receivables From Payables To Affiliates, Net 0 2
Inventories (1) 0
Accounts payable and accrued expenses (3) 16
Income taxes 10 4
Pension and non-pension postretirement benefit contributions (3) (3)
Other assets and liabilities 15 (53)
Net cash flows provided by operating activities 183 138
Cash flows from investing activities    
Capital expenditures (336) (281)
Other investing activities 1 5
Net cash flows provided by (used in) investing activities (335) (276)
Cash flows from financing activities    
Changes in short-term borrowings 38 (70)
Issuance of long-term debt 350 123
Retirement of long-term debt (254) (38)
Changes in Exelon/PHI intercompany money pool 0 117
Dividends paid on common stock (280) (111)
Contributions from parent 303 117
Other financing activities (5) (1)
Net cash flows provided by (used in) financing activities 152 137
Increase (decrease) in cash, restricted cash, and cash equivalents 0 (1)
Cash, restricted cash, and cash equivalents at beginning of period 30 28
Cash, restricted cash, and cash equivalents at end of period 30 27
Supplemental Cash Flow Information    
Increase (decrease) in capital expenditures not paid $ (34) $ 9