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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 $ 672 $ 432 $ 587 $ 1,349
Restricted cash 321 349 358 247
Accounts Receivable, net        
Customer 1,869 1,932    
Inventories, net        
Materials and supplies 476 447    
Currents assets of discontinued operations 7,835 6,841    
Other current assets 387 223    
Total current assets 13,957 12,562    
Property, plant and equipment, net 64,558 60,332    
Other Assets, Noncurrent 885 1,143    
Total assets [1] 133,013 129,317    
Current liabilities        
Long-term debt due within one year 2,153 1,622    
Accounts payable 2,379 2,309    
Accrued expenses 1,137 1,230    
Market-to-market derivative liabilities, current 18 33    
Unamortized energy contract liabilities 89 93    
Liabilities held for sale 7,940 4,923    
Other current liabilities 766 784    
Total current liabilities 16,111 12,771    
Long-term debt 30,749 29,527    
Asset retirement obligations 271 246    
Other deferred credits and other liabilities 1,573 1,642    
Total liabilities [1] 98,218 94,449    
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    
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        
Restricted cash   3    
Inventories, net        
Other current assets   5    
Total current assets   8    
Other Assets, Noncurrent   10    
Total noncurrent assets   10    
Total assets   18    
Current liabilities        
Long-term debt due within one year   26    
Total current liabilities   26    
Total liabilities   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        
Restricted cash   3    
Inventories, net        
Other current assets   0    
Total current assets   3    
Other Assets, Noncurrent   10    
Total noncurrent assets   10    
Total assets   13    
Current liabilities        
Long-term debt due within one year   21    
Total current liabilities   21    
Total liabilities   $ 21    
[1] Exelon’s consolidated assets include $18 million as of December 31, 2020, of certain VIEs that can only be used to settle the liabilities of the VIE. Exelon’s consolidated liabilities include $26 million as of December 31, 2020, of certain VIEs for which the VIE creditors do not have recourse to Exelon. See Note 21–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 21 - 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 21 - Variable Interest Entities for additional information.