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Variable Interest Entities - Assets and Liabilities of Consolidated VIEs (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Current assets        
Cash and cash equivalents $ 1,182 $ 663 $ 587 $ 1,349
Restricted cash 393 438 358 247
Accounts Receivable, net        
Customer 3,538 3,231    
Inventories, net        
Materials and supplies 1,480 1,425    
Assets held for sale 13 958    
Other current assets 1,380 1,647    
Total current assets 13,957 12,562    
Property, plant and equipment, net 84,219 82,584    
Nuclear decommissioning trust funds 15,938 14,464    
Other Assets, Noncurrent 2,606 3,276    
Total assets [1] 133,013 129,317    
Current liabilities        
Long-term debt due within one year 3,373 1,819    
Accounts payable 4,136 3,562    
Accrued expenses 1,955 2,078    
Market-to-market derivative liabilities, current 999 295    
Unamortized energy contract liabilities 91 100    
Liabilities held for sale 3 375    
Other current liabilities 1,064 1,264    
Total current liabilities 16,111 12,771    
Long-term debt 35,324 35,093    
Asset retirement obligations 13,090 12,300    
Unamortized energy contract liabilities 147 238    
Other deferred credits and other liabilities 2,733 2,942    
Total liabilities [1] 98,218 94,449    
Variable Interest Entity, Primary Beneficiary [Member]        
Current assets        
Cash and cash equivalents 35 98    
Restricted cash 48 47    
Accounts Receivable, net        
Customer 24 148    
Other 6 36    
Inventories, net        
Materials and supplies 14 244    
Assets held for sale 0 101    
Other current assets 405 696    
Total current assets 532 1,370    
Property, plant and equipment, net 2,027 5,803    
Nuclear decommissioning trust funds 0 3,007    
Other Assets, Noncurrent 215 301    
Total noncurrent assets 2,242 9,111    
Total assets 2,774 10,481    
Current liabilities        
Long-term debt due within one year 70 94    
Accounts payable 10 81    
Accrued expenses 21 70    
Unamortized energy contract liabilities 0 4    
Liabilities held for sale 0 16    
Other current liabilities 1 5    
Total current liabilities 102 270    
Long-term debt 822 889    
Asset retirement obligations 151 2,318    
Other deferred credits and other liabilities 3 129    
Total noncurrent liabilities 976 3,336    
Total liabilities 1,078 3,606    
Unamortized energy contract assets, current 23 22    
Unamortized energy contract assets, noncurrent 202 249    
AHFS - unrestricted asset 0 9    
PP&E - unrestricted asset 0 1    
Recourse [Member] | Variable Interest Entity, Primary Beneficiary [Member]        
Current liabilities        
Total liabilities 1 8    
Pepco Holdings LLC [Member]        
Current assets        
Cash and cash equivalents 136 111 131 124
Restricted cash 77 39 36 43
Accounts Receivable, net        
Customer 512 525    
Inventories, net        
Materials and supplies 209 198    
Other current assets 69 45    
Total current assets 1,692 1,599    
Property, plant and equipment, net 16,498 15,377    
Other Assets, Noncurrent 258 307    
Total assets [2] 24,744 23,736    
Current liabilities        
Long-term debt due within one year 399 347    
Accounts payable 578 539    
Accrued expenses 281 299    
Unamortized energy contract liabilities 89 92    
Other current liabilities 171 141    
Total current liabilities 2,246 2,154    
Long-term debt 7,148 6,659    
Asset retirement obligations 70 59    
Unamortized energy contract liabilities 146 235    
Other deferred credits and other liabilities 570 622    
Total liabilities [2] 14,159 13,692    
Pepco Holdings LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member]        
Current assets        
Cash and cash equivalents 0 0    
Restricted cash 0 3    
Accounts Receivable, net        
Customer 0 0    
Other 0 0    
Inventories, net        
Materials and supplies 0 0    
Assets held for sale 0 0    
Other current assets 0 5    
Total current assets 0 8    
Property, plant and equipment, net 0 0    
Nuclear decommissioning trust funds 0 0    
Other Assets, Noncurrent 0 10    
Total noncurrent assets 0 10    
Total assets 0 18    
Current liabilities        
Long-term debt due within one year 0 26    
Accounts payable 0 0    
Accrued expenses 0 0    
Unamortized energy contract liabilities 0 0    
Liabilities held for sale 0 0    
Other current liabilities 0 0    
Total current liabilities 0 26    
Long-term debt 0 0    
Asset retirement obligations 0 0    
Other deferred credits and other liabilities 0 0    
Total noncurrent liabilities 0 0    
Total liabilities 0 26    
Atlantic City Electric Company [Member]        
Current assets        
Cash and cash equivalents 29 17 12 7
Restricted cash 0 3 $ 2 $ 4
Accounts Receivable, net        
Customer 141 124    
Inventories, net        
Other current assets 3 3    
Total current assets 333 326    
Property, plant and equipment, net 3,729 3,475    
Other Assets, Noncurrent 37 50    
Total assets [3] 4,556 4,286    
Current liabilities        
Long-term debt due within one year 3 261    
Accounts payable 165 177    
Accrued expenses 44 46    
Other current liabilities 12 11    
Total current liabilities 445 780    
Long-term debt 1,579 1,152    
Other deferred credits and other liabilities 49 48    
Total liabilities [3] 2,988 2,895    
Atlantic City Electric Company [Member] | Variable Interest Entity, Primary Beneficiary [Member]        
Current assets        
Cash and cash equivalents 0 0    
Restricted cash 0 3    
Accounts Receivable, net        
Customer 0 0    
Other 0 0    
Inventories, net        
Materials and supplies 0 0    
Assets held for sale 0 0    
Other current assets 0 0    
Total current assets 0 3    
Property, plant and equipment, net 0 0    
Nuclear decommissioning trust funds 0 0    
Other Assets, Noncurrent 0 10    
Total noncurrent assets 0 10    
Total assets 0 13    
Current liabilities        
Long-term debt due within one year 0 21    
Accounts payable 0 0    
Accrued expenses 0 0    
Unamortized energy contract liabilities 0 0    
Liabilities held for sale 0 0    
Other current liabilities 0 0    
Total current liabilities 0 21    
Long-term debt 0 0    
Asset retirement obligations 0 0    
Other deferred credits and other liabilities 0 0    
Total noncurrent liabilities 0 0    
Total liabilities $ 0 $ 21    
[1] Exelon’s consolidated assets include $2,549 million and $10,200 million as of December 31, 2021 and 2020, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Exelon’s consolidated liabilities include $1,077 million and $3,598 million as of December 31, 2021 and 2020, 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] PHI’s consolidated total assets include $0 million and $18 million as of December 31, 2021 and 2020, respectively, of PHI's consolidated VIE that can only be used to settle the liabilities of the VIE. PHI’s consolidated total liabilities include $0 million and $26 million as of December 31, 2021 and 2020, 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.
[3] ACE’s consolidated assets include $0 million and $13 million as of December 31, 2021 and 2020, respectively, of ACE’s consolidated VIE that can only be used to settle the liabilities of the VIE. ACE’s consolidated liabilities include $0 million and $21 million as of December 31, 2021 and 2020, 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.