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Segment Information (All Registrants)
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment Information (All Registrants) Segment Information (All Registrants)
Operating segments for each of the Registrants are determined based on information used by the CODMs in deciding how to evaluate performance and allocate resources at each of the Registrants.
Exelon has six reportable segments, which include ComEd, PECO, BGE, and PHI's three reportable segments consisting of Pepco, DPL, and ACE. ComEd, PECO, BGE, Pepco, DPL, and ACE each represent a single reportable segment, and as such, no separate segment information is provided for these Registrants. Exelon, ComEd, PECO, BGE, Pepco, DPL, and ACE's CODMs evaluate the performance of and allocate resources to ComEd, PECO, BGE, Pepco, DPL, and ACE based on net income.
An analysis and reconciliation of the Registrants’ reportable segment information to the respective information in the consolidated financial statements for the three months ended March 31, 2022 and 2021 is as follows:
Three Months Ended March 31, 2022 and 2021
ComEdPECOBGEPHI
Other(a)
Intersegment
Eliminations		Exelon
Operating revenues(b):
2022
Electric revenues$1,734 $741 $736 $1,318 $— $(7)$4,522 
Natural gas revenues— 306 418 83 — (2)$805 
Shared service and other revenues— — — 3 576 (579)$— 
Total operating revenues$1,734 $1,047 $1,154 $1,404 $576 $(588)$5,327 
2021
Electric revenues$1,535 $661 $632 $1,170 $— $(7)$3,991 
Natural gas revenues— 228 342 71 — — 641 
Shared service and other revenues— — — 3 491 (494)— 
Total operating revenues$1,535 $889 $974 $1,244 $491 $(501)$4,632 
Intersegment revenues(c):
2022$6 $1 $7 $3 $576 $(587)$6 
20216 2 6 3 487 (497)7 
Depreciation and amortization:
2022$321 $92 $171 $218 $15 $— $817 
2021292 86 152 210 17 — 757 
Operating expenses:
2022$1,406 $793 $919 $1,215 $625 $(531)$4,427 
20211,210 679 752 1,058 448 (339)3,808 
Interest expense, net:
2022$100 $41 $35 $69 $93 $— $338 
202196 38 34 67 83 — 318 
Income (loss) from continuing operations before income taxes:
2022$240 $220 $207 $137 $(62)$(43)$699 
2021236 177 196 136 (32)(149)564 
Income Taxes:
2022$52 $14 $9 $7 $146 $(10)$218 
202139 10 (13)8 7 (12)39 
Net income (loss) from continuing operations:
2022$188 $206 $198 $130 $(208)$(33)$481 
2021197 167 209 128 (39)(137)525 
Capital Expenditures:
2022$617 $344 $303 $409 $22 $— $1,695 
2021613 295 336 456 46 — 1,746 
Total assets:
March 31, 2022$37,013 $14,113 $12,509 $25,636 $7,583 $(4,156)$92,698 
December 31, 202136,470 13,824 12,324 24,744 7,634 (8,319)86,677 
__________
(a)Other primarily includes Exelon’s corporate operations, shared service entities, and other financing and investment activities.
(b)Includes gross utility tax receipts from customers. The offsetting remittance of utility taxes to the governing bodies is recorded in expenses in the Registrants’ Consolidated Statements of Operations and Comprehensive Income. See Note 14 — Supplemental Financial Information for additional information on total utility taxes.
(c)See Note 15 — Related Party Transactions for additional information on intersegment revenues.
PHI:
PepcoDPLACE
Other(a)
Intersegment
Eliminations		PHI
Operating revenues(b):
2022
Electric revenues$614 $348 $349 $— $7 $1,318 
Natural gas revenues— 83 — — — 83 
Shared service and other revenues— — — 107 (104)3 
Total operating revenues$614 $431 $349 $107 $(97)$1,404 
2021
Electric revenues$553 $311 $310 $— $(4)$1,170 
Natural gas revenues— 71 — — — 71 
Shared service and other revenues— — — 95 (92)3 
Total operating revenues$553 $382 $310 $95 $(96)$1,244 
Intersegment revenues(c):
2022$1 $1 $1 $97 $(97)$3 
20211 2 1 95 (96)3 
Depreciation and amortization:
2022$108 $57 $47 $6 $— $218 
2021102 53 47 8 — 210 
Operating expenses:
2022$547 $357 $311 $97 $(97)$1,215 
2021466 309 282 97 (96)1,058 
Interest expense, net:
2022$36 $16 $14 $3 $— $69 
202134 15 15 3 — 67 
Income (loss) before income taxes:
2022$44 $60 $27 $6 $— $137 
202165 61 14 (4)— 136 
Income Taxes:
2022$(2)$4 $1 $4 $— $7 
20216 5 — (3)— 8 
Net income (loss):
2022$46 $56 $26 $2 $— $130 
202159 56 14 (1)— 128 
Capital Expenditures:
2022$218 $103 $87 $1 $— $409 
2021220 112 123 1 — 456 
Total assets:
March 31, 2022$10,458 $5,573 $4,929 $4,720 $(44)$25,636 
December 31, 20219,903 5,412 4,556 4,933 (60)24,744 
__________
(a)Other primarily includes PHI’s corporate operations, shared service entities, and other financing and investment activities.
(b)Includes gross utility tax receipts from customers. The offsetting remittance of utility taxes to the governing bodies is recorded in expenses in the Registrants’ Consolidated Statements of Operations and Comprehensive Income. See Note 14 — Supplemental Financial Information for additional information on total utility taxes.
(c)Includes intersegment revenues with ComEd, BGE, and PECO, which are eliminated at Exelon.
The following tables disaggregate the Registrants' revenues recognized from contracts with customers into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. For the Utility Registrants, the disaggregation of revenues reflects the two primary utility services of electric sales and natural gas sales (where applicable), with further disaggregation of these tariff sales provided by major customer groups. Exelon’s disaggregated revenues are consistent with the Utility Registrants, but exclude any intercompany revenues.
Three Months Ended March 31, 2022
Revenues from contracts with customersComEdPECOBGEPHIPepcoDPLACE
Electric revenues
Residential$857 $487 $417 $652 $275 $207 $170 
Small commercial & industrial423 111 81 141 38 56 47 
Large commercial & industrial153 64 131 323 253 26 44 
Public authorities & electric railroads14 8 7 16 8 4 4 
Other(a)
239 62 97 193 46 56 81 
Total electric revenues(b)
$1,686 $732 $733 $1,325 $620 $349 $346 
Natural gas revenues
Residential$— $218 $282 $51 $— $51 $— 
Small commercial & industrial— 76 45 21 — 21 — 
Large commercial & industrial— — 65 3 — 3 — 
Transportation— 8 — 4 — 4 — 
Other(c)
— 3 35 4 — 4 — 
Total natural gas revenues(d)
$— $305 $427 $83 $— $83 $— 
Total revenues from contracts with customers$1,686 $1,037 $1,160 $1,408 $620 $432 $346 
Other revenues
Revenues from alternative revenue programs$40 $6 $(12)$(5)$(7)$(1)$3 
Other electric revenues(e)
8 3 4 1 1 — — 
Other natural gas revenues(e)
— 1 2 — — — — 
Total other revenues$48 $10 $(6)$(4)$(6)$(1)$3 
Total revenues for reportable segments$1,734 $1,047 $1,154 $1,404 $614 $431 $349 
Three Months Ended March 31, 2021
Revenues from contracts with customersComEdPECOBGEPHIPepcoDPLACE
Electric revenues
Residential$741 $433 $362 $605 $253 $190 $162 
Small commercial & industrial367 100 69 118 33 46 39 
Large commercial & industrial134 57 105 248 184 21 43 
Public authorities & electric railroads11 9 7 13 6 4 3 
Other(a)
220 52 77 143 51 41 52 
Total electric revenues(b)
$1,473 $651 $620 $1,127 $527 $302 $299 
Natural gas revenues
Residential$— $160 $216 $46 $— $46 $— 
Small commercial & industrial— 59 35 18 — 18 — 
Large commercial & industrial— — 54 2 — 2 — 
Transportation— 7 — 4 — 4 — 
Other(c)
— 2 31 1 — 1 — 
Total natural gas revenues(d)
$— $228 $336 $71 $— $71 $— 
Total revenues from contracts with customers$1,473 $879 $956 $1,198 $527 $373 $299 
Other revenues
Revenues from alternative revenue programs$54 $10 $18 $46 $26 $9 $11 
Other electric revenues(e)
8 — — — — — — 
Total other revenues$62 $10 $18 $46 $26 $9 $11 
Total revenues for reportable segments$1,535 $889 $974 $1,244 $553 $382 $310 
__________
(a)Includes revenues from transmission revenue from PJM, wholesale electric revenue and mutual assistance revenue.
(b)Includes operating revenues from affiliates in 2022 and 2021 respectively of:
•$6 million, $6 million at ComEd
•$1 million, $1 million at PECO
•$2 million, $2 million at BGE
•$3 million, $3 million at PHI
•$1 million, $1 million at Pepco
•$2 million, $2 million at DPL
•$1 million, $1 million at ACE
(c)Includes revenues from off-system natural gas sales.
(d)Includes operating revenues from affiliates in 2022 and 2021 respectively of:
•less than $1 million, less than $1 million at PECO
•$6 million, $4 million at BGE
(e)Includes late payment charge revenues.