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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net income (loss) $ 1,739 $ 1,441
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 2,679 6,204
Asset impairments 46 541
Gain on sales of assets and businesses (8) (147)
Deferred income taxes and amortization of investment tax credits 256 (45)
Net fair value changes related to derivatives (59) (1,244)
Net realized and unrealized (gains) losses on NDT funds 205 (383)
Net unrealized (gains) losses on equity investments 16 83
Other non-cash operating activities 265 (293)
Changes in assets and liabilities:    
Accounts receivable (1,049) (254)
Inventories (121) (101)
Accounts payable and accrued expenses 823 354
Option premiums paid, net (39) (186)
Collateral received (posted), net 1,456 2,111
Income taxes 3 250
Regulatory assets and liabilities, net (689) (367)
Pension and non-pension postretirement benefit contributions (596) (602)
Other assets and liabilities (786) (3,221)
Net Cash Provided by (Used in) Operating Activities, Total 4,141 4,141
Cash flows from investing activities    
Capital expenditures (5,179) (5,970)
Proceeds from NDT fund sales 488 5,766
Investment in NDT funds (516) (5,900)
Collection of deferred purchase price 169 3,052
Proceeds from Sale of Property Held-for-sale 16 801
Other investing activities 36 40
Net Cash Provided by (Used in) Investing Activities, Total (4,986) (2,211)
Cash flows from financing activities    
Changes in short-term borrowings (335) (744)
Proceeds from short-term borrowings with maturities greater than 90 days 1,150 1,380
Repayments on short-term borrowings with maturities greater than 90 days (925) 0
Issuance of long-term debt 5,801 3,406
Retirement of long-term debt (2,067) (1,618)
Proceeds from Issuance of Common Stock 563 0
Dividends paid on common stock (999) (1,121)
Payments to Acquire Additional Interest in Subsidiaries 0 (885)
Proceeds from employee stock plans 26 63
Transfer of cash, restricted cash, and cash equivalents to Constellation (2,594) 0
Other financing activities (121) (93)
Net cash flows provided by financing activities 499 388
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total (346) 2,318
Cash, restricted cash, and cash equivalents at beginning of period 1,619 1,166
Cash, restricted cash, and cash equivalents at end of period 1,273 3,484
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid (147) (334)
Increase in deferred purchase price 348 2,933
Increase in PPE related to ARO update 331 574
Exelon Generation Co L L C [Member]    
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 207 3,951
Gain on sales of assets and businesses 9 (144)
Deferred income taxes and amortization of investment tax credits (143) (242)
Net fair value changes related to derivatives (59) (1,244)
Net realized and unrealized (gains) losses on NDT funds 205 (383)
Net unrealized (gains) losses on equity investments 16 83
Other non-cash operating activities (36) 810
Cash flows from investing activities    
Capital expenditures (227) (1,098)
Collection of deferred purchase price 169 3,052
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid (128) (77)
Increase in deferred purchase price 348 2,933
Increase in PPE related to ARO update 335 550
Commonwealth Edison Co [Member]    
Cash flows from operating activities    
Net income (loss) 706 609
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 982 893
Deferred income taxes and amortization of investment tax credits 192 211
Other non-cash operating activities (89) 95
Changes in assets and liabilities:    
Accounts receivable (351) (72)
Receivables from payables to affiliates, net (54) (16)
Inventories (9) (6)
Accounts payable and accrued expenses 226 (36)
Collateral received (posted), net 69 68
Income taxes 0 (9)
Regulatory assets and liabilities, net (499) (250)
Pension and non-pension postretirement benefit contributions (179) (176)
Other assets and liabilities (152) (126)
Net Cash Provided by (Used in) Operating Activities, Total 842 1,185
Cash flows from investing activities    
Capital expenditures (1,801) (1,723)
Other investing activities 21 20
Net Cash Provided by (Used in) Investing Activities, Total (1,780) (1,703)
Cash flows from financing activities    
Changes in short-term borrowings 233 (323)
Issuance of long-term debt 750 1,150
Retirement of long-term debt 0 (350)
Dividends paid on common stock (434) (380)
Contributions from parent 503 593
Other financing activities (10) (16)
Net cash flows provided by financing activities 1,042 674
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total 104 156
Cash, restricted cash, and cash equivalents at beginning of period 384 405
Cash, restricted cash, and cash equivalents at end of period 488 561
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid (30) (118)
PECO Energy Co [Member]    
Cash flows from operating activities    
Net income (loss) 474 383
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 277 259
Deferred income taxes and amortization of investment tax credits 49 19
Other non-cash operating activities 14 4
Changes in assets and liabilities:    
Accounts receivable (49) 47
Receivables from payables to affiliates, net (34) 16
Inventories (59) (21)
Accounts payable and accrued expenses 25 (23)
Income taxes 30 55
Regulatory assets and liabilities, net (27) (16)
Pension and non-pension postretirement benefit contributions (13) (15)
Other assets and liabilities (31) (71)
Net Cash Provided by (Used in) Operating Activities, Total 656 637
Cash flows from investing activities    
Capital expenditures (991) (878)
Other investing activities 8 5
Net Cash Provided by (Used in) Investing Activities, Total (983) (873)
Cash flows from financing activities    
Issuance of long-term debt 775 750
Retirement of long-term debt (350) (300)
Increase (Decrease) in Due to Affiliates, Current 0 (40)
Dividends paid on common stock (299) (254)
Contributions from parent 274 414
Other financing activities (14) (8)
Net cash flows provided by financing activities 386 562
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total 59 326
Cash, restricted cash, and cash equivalents at beginning of period 44 26
Cash, restricted cash, and cash equivalents at end of period 103 352
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid 7 25
Baltimore Gas and Electric Company [Member]    
Cash flows from operating activities    
Net income (loss) 267 290
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 470 434
Asset impairments 46 0
Deferred income taxes and amortization of investment tax credits 1 7
Other non-cash operating activities 101 77
Changes in assets and liabilities:    
Accounts receivable 18 92
Receivables from payables to affiliates, net (9) (13)
Inventories (74) (30)
Accounts payable and accrued expenses 15 14
Collateral received (posted), net 125 20
Income taxes (20) 3
Regulatory assets and liabilities, net (113) (106)
Pension and non-pension postretirement benefit contributions (64) (76)
Other assets and liabilities 14 (43)
Net Cash Provided by (Used in) Operating Activities, Total 777 669
Cash flows from investing activities    
Capital expenditures (918) (907)
Other investing activities 7 13
Net Cash Provided by (Used in) Investing Activities, Total (911) (894)
Cash flows from financing activities    
Changes in short-term borrowings 26 0
Issuance of long-term debt 500 600
Retirement of long-term debt (250) (300)
Dividends paid on common stock (225) (219)
Contributions from parent 186 257
Other financing activities (8) (6)
Net cash flows provided by financing activities 229 332
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total 95 107
Cash, restricted cash, and cash equivalents at beginning of period 55 145
Cash, restricted cash, and cash equivalents at end of period 150 252
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid 12 (70)
Pepco Holdings LLC [Member]    
Cash flows from operating activities    
Net income (loss) 518 535
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 697 614
Deferred income taxes and amortization of investment tax credits (2) 0
Other non-cash operating activities 112 (35)
Changes in assets and liabilities:    
Accounts receivable (143) (112)
Receivables from payables to affiliates, net (49) (19)
Inventories (35) (13)
Accounts payable and accrued expenses (15) 19
Collateral received (posted), net 230 25
Income taxes (3) 17
Regulatory assets and liabilities, net (82) (45)
Pension and non-pension postretirement benefit contributions (75) (43)
Other assets and liabilities (71) (100)
Net Cash Provided by (Used in) Operating Activities, Total 1,082 843
Cash flows from investing activities    
Capital expenditures (1,174) (1,299)
Other investing activities 5 (1)
Net Cash Provided by (Used in) Investing Activities, Total (1,169) (1,300)
Cash flows from financing activities    
Changes in short-term borrowings (468) (81)
Issuance of long-term debt 925 750
Retirement of long-term debt (310) (255)
Increase (Decrease) in Due to Affiliates, Current 36 (5)
Payments of Distributions to Affiliates (625) (605)
Proceeds from Contributions from Affiliates 787 667
Other financing activities (18) (12)
Net cash flows provided by financing activities 327 459
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total 240 2
Cash, restricted cash, and cash equivalents at beginning of period 213 160
Cash, restricted cash, and cash equivalents at end of period 453 162
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid (8) (74)
Potomac Electric Power Company [Member]    
Cash flows from operating activities    
Net income (loss) 261 264
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 312 302
Deferred income taxes and amortization of investment tax credits (5) 12
Other non-cash operating activities 20 (54)
Changes in assets and liabilities:    
Accounts receivable (87) (57)
Receivables from payables to affiliates, net (31) (2)
Inventories (19) (6)
Accounts payable and accrued expenses 11 14
Collateral received (posted), net 46 0
Income taxes (25) (10)
Regulatory assets and liabilities, net (44) (55)
Pension and non-pension postretirement benefit contributions (9) (9)
Other assets and liabilities (29) (59)
Net Cash Provided by (Used in) Operating Activities, Total 401 340
Cash flows from investing activities    
Capital expenditures (595) (641)
Other investing activities 2 (2)
Net Cash Provided by (Used in) Investing Activities, Total (593) (643)
Cash flows from financing activities    
Changes in short-term borrowings (175) 5
Issuance of long-term debt 625 275
Retirement of long-term debt (310) (1)
Increase (Decrease) in Due to Affiliates, Current 25 0
Dividends paid on common stock (400) (221)
Contributions from parent 465 244
Other financing activities (8) (4)
Net cash flows provided by financing activities 222 298
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total 30 (5)
Cash, restricted cash, and cash equivalents at beginning of period 68 65
Cash, restricted cash, and cash equivalents at end of period 98 60
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid 2 (16)
Delmarva Power and Light Company [Member]    
Cash flows from operating activities    
Net income (loss) 130 135
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 172 157
Deferred income taxes and amortization of investment tax credits 9 5
Other non-cash operating activities 22 (2)
Changes in assets and liabilities:    
Accounts receivable (3) 26
Receivables from payables to affiliates, net (8) (12)
Inventories (11) (5)
Accounts payable and accrued expenses 0 17
Collateral received (posted), net 114 25
Income taxes 4 19
Regulatory assets and liabilities, net (23) (20)
Pension and non-pension postretirement benefit contributions (1) (1)
Other assets and liabilities 23 (12)
Net Cash Provided by (Used in) Operating Activities, Total 428 332
Cash flows from investing activities    
Capital expenditures (294) (320)
Changes in Exelon/PHI intercompany money pool (25) 0
Other investing activities 2 1
Net Cash Provided by (Used in) Investing Activities, Total (317) (319)
Cash flows from financing activities    
Changes in short-term borrowings (149) (124)
Issuance of long-term debt 125 125
Dividends paid on common stock (95) (106)
Contributions from parent 147 120
Other financing activities (4) (4)
Net cash flows provided by financing activities 24 11
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total 135 24
Cash, restricted cash, and cash equivalents at beginning of period 71 15
Cash, restricted cash, and cash equivalents at end of period 206 39
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid 2 (24)
Atlantic City Electric Company [Member]    
Cash flows from operating activities    
Net income (loss) 131 141
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion, including nuclear fuel and energy contract amortization 192 133
Deferred income taxes and amortization of investment tax credits 2 (20)
Other non-cash operating activities 36 (8)
Changes in assets and liabilities:    
Accounts receivable (53) (81)
Receivables from payables to affiliates, net (10) 0
Inventories (6) (1)
Accounts payable and accrued expenses (10) (3)
Collateral received (posted), net 70 0
Income taxes 7 10
Regulatory assets and liabilities, net (6) 29
Pension and non-pension postretirement benefit contributions (7) (3)
Other assets and liabilities (54) (14)
Net Cash Provided by (Used in) Operating Activities, Total 292 183
Cash flows from investing activities    
Capital expenditures (284) (336)
Other investing activities 1 1
Net Cash Provided by (Used in) Investing Activities, Total (283) (335)
Cash flows from financing activities    
Changes in short-term borrowings (144) 38
Issuance of long-term debt 175 350
Retirement of long-term debt 0 (254)
Dividends paid on common stock (128) (280)
Contributions from parent 175 303
Other financing activities (4) (5)
Net cash flows provided by financing activities 74 152
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total 83 0
Cash, restricted cash, and cash equivalents at beginning of period 29 30
Cash, restricted cash, and cash equivalents at end of period 112 30
Supplemental Cash Flow Information    
Decrease in capital expenditures not paid $ (12) $ (34)