The Utility Registrants incurred expenses from transactions with the Generation affiliate as described in the footnotes to the table below prior to separation on February 1, 2022. Such expenses were primarily recorded as Purchased power from affiliate and an immaterial amount recorded as Operating and maintenance expense from affiliates at the Utility Registrants. Effective February 1, 2022, Generation is no longer considered a related party.


	Three Months Ended March 31,
	2022
ComEd(a)	$	59
PECO(b)	33
BGE(c)	18
PHI	51
Pepco(d)	39
DPL(e)	10
ACE(f)	2

__________

(a)ComEd had an ICC-approved RFP contract with Generation to provide a portion of ComEd’s electric supply requirements. ComEd also purchased RECs and ZECs from Generation.

(b)PECO received electric supply from Generation under contracts executed through PECO’s competitive procurement process. In addition, PECO had a ten-year agreement with Generation to sell solar AECs.

(c)BGE received a portion of its energy requirements from Generation under its MDPSC-approved market-based SOS and gas commodity programs.

(d)Pepco received electric supply from Generation under contracts executed through Pepco's competitive procurement process approved by the MDPSC and DCPSC.

(e)DPL received a portion of its energy requirements from Generation under its MDPSC and DEPSC approved market-based SOS commodity programs.

(f)ACE received electric supply from Generation under contracts executed through ACE's competitive procurement process approved by the NJBPU.

The Registrants receive a variety of corporate support services from BSC. Pepco, DPL, and ACE also receive corporate support services from PHISCO. See Note 1 — Significant Accounting Policies for additional information regarding BSC and PHISCO.


	Operating and maintenance from affiliates				Capitalized costs
	Three Months Ended March 31,					Three Months Ended March 31,
	2023		2022				2023		2022
Exelon
BSC							$	175	$	205
PHISCO							24		19
ComEd
BSC	$	83	$	85			81		85
PECO
BSC	51		49				30		36
BGE
BSC	54		51				24		38
PHI
BSC	42		50				40		46
PHISCO	—		—				24		19
Pepco
BSC	27		29				14		17
PHISCO	30		29				11		8

DPL
BSC	17		18				10		14
PHISCO	24		24				7		6

ACE
BSC	14		15				14		15
PHISCO	22		21				6		5

The following tables present current Receivables from affiliates and current Payables to affiliates:


				Receivables from affiliates:
	Payables to affiliates:			ComEd			PECO			BGE			Pepco			DPL			ACE			BSC			PHISCO			Other			Total
ComEd					$	—		$	—		$	—		$	—		$	—		$	78		$	—		$	6		$	84
PECO		$	—					—			—			—			1			39			—			8			48
BGE		—			—						—			—			—			35			—			2			37
PHI		—			—			—			—			—			—			7			—			10			17
Pepco		—			—			—						—			—			22			15			1			38
DPL		—			1			—			—						—			13			12			—			26
ACE		—			1			—			1			—						13			11			—			26
Other		3			—			—			—			—			1			—			1						5
Total		$	3		$	2		$	—		$	1		$	—		$	2		$	207		$	39		$	27		$	281


				Receivables from affiliates:
	Payables to affiliates:			ComEd			PECO			BGE			Pepco			DPL			ACE			BSC			PHISCO			Other			Total
ComEd					$	—		$	—		$	—		$	—		$	—		$	66		$	—		$	8		$	74
PECO		$	—					—			—			—			—			39			—			3			42
BGE		—			—						—			—			—			38			—			1			39
PHI		—			—			—			—			—			—			4			—			10			14
Pepco		—			—			—						—			—			20			13			1			34
DPL		—			2			—			—						—			12			8			—			22
ACE		—			2			—			—			—						14			9			1			26
Other		3			—			—			—			—			1			—			—						4
Total		$	3		$	4		$	—		$	—		$	—		$	1		$	193		$	30		$	24		$	255

To provide an additional short-term borrowing option that will generally be more favorable to the borrowing participants than the cost of external financing both Exelon and PHI operate an intercompany money pool. PECO and PHI Corporate participate in the Exelon intercompany money pool. Pepco, DPL, and ACE participate in the PHI intercompany money pool.


	March 31, 2023						December 31, 2022
	Exelon		ComEd		PECO		Exelon		ComEd		PECO
ComEd Financing III	$	206	$	205	$	—	$	206	$	205	$	—
PECO Trust III	81		—		81		81		—		81
PECO Trust IV	103		—		103		103		—		103
Total	$	390	$	205	$	184	$	390	$	205	$	184