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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]  
Schedule Of Goodwill
The following table presents the gross amount, accumulated impairment loss, and carrying amount of goodwill at Exelon, ComEd, and PHI as of December 31, 2022 and 2021. There were no additions or impairments during the years ended December 31, 2022 and 2021.
Gross AmountAccumulated Impairment LossCarrying Amount
Exelon$8,613 $1,983 $6,630 
ComEd(a)
4,608 1,983 2,625 
PHI(b)
4,005 — 4,005 
__________
(a)Reflects goodwill recorded in 2000 from the PECO/Unicom merger (predecessor parent company of ComEd).
(b)Reflects goodwill recorded in 2016 from the PHI merger.
Schedule of Finite-Lived Intangible Assets
Exelon’s other intangible assets, included in Other current assets and Other deferred debits and other assets in the Consolidated Balance Sheets, consisted of the following as of December 31, 2022 and 2021. Exelon's and PHI's other intangible liabilities, included in current and noncurrent Unamortized energy contract liabilities in their Consolidated Balance Sheets, consisted of the following as of December 31, 2022 and 2021. The intangible assets and liabilities shown below are amortized on a straight-line basis, except for unamortized energy contracts which are amortized in relation to the expected realization of the underlying cash flows:
December 31, 2022December 31, 2021
GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
Exelon
Unamortized Energy Contracts$(1,515)$1,470 $(45)$(1,515)$1,280 $(235)
Software License81 (61)20 81 (53)28 
Exelon Total$(1,434)$1,409 $(25)$(1,434)$1,227 $(207)
PHI
Unamortized Energy Contracts$(1,515)$1,470 $(45)$(1,515)$1,280 $(235)
Schedule Of Finite-Lived Intangible Assets Amortization Expense
The following table summarizes the amortization expense related to intangible assets and liabilities for each of the years ended December 31, 2022, 2021, and 2020:
For the Years Ended December 31,
Exelon(a)
PHI(a)
2022(b)
$(182)$(190)
2021(83)(92)
2020(98)(115)
__________
(a)For PHI unamortized energy contracts, the amortization of the fair value adjustment amounts and the corresponding offsetting regulatory asset amounts are amortized through Purchased power and fuel expense in their Consolidated Statements of Operations and Comprehensive Income resulting in no effect to net income.
(b)On March 23, 2022, the NJBPU approved a petition by ACE to terminate the provisions in its PPAs. As such, the contract was fully amortized during the year ended December 31, 2022. See Note 3 - Regulatory Matters for additional information.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following table summarizes the estimated future amortization expense related to intangible assets and liabilities as of December 31, 2022:
For the Years Ending December 31,ExelonPHI
2023$(2)$(10)
2024— (8)
2025(2)(5)
2026(5)(5)
2027(4)(4)