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Supplemental Financial Information (Tables)
 3 Months Ended
Mar. 31, 2023
Supplemental Financial Information [Abstract]  
Taxes Other Than Income Taxes
The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Operations and Comprehensive Income:
Taxes other than income taxes
ExelonComEdPECOBGEPHIPepcoDPLACE
Three Months Ended March 31, 2023
Utility taxes(a)
$220 $74 $40 $29 $77 $68 $8 $1 
Property99 10 4 50 35 24 11 — 
Payroll32 7 5 5 7 2 1 1 
Three Months Ended March 31, 2022
Utility taxes(a)
$221 $78 $38 $27 $78 $70 $7 $1 
Property94 10 4 46 34 23 10 1 
Payroll37 7 4 4 7 2 1 1 
_________
(a)The Registrants' utility taxes represent municipal and state utility taxes and gross receipts taxes related to their operating revenues. The offsetting collection of utility taxes from customers is recorded in revenues in the Registrants’ Consolidated Statements of Operations and Comprehensive Income.
Schedule of Other Nonoperating Income, by Component
Other, Net
ExelonComEdPECOBGE PHIPepcoDPLACE
Three Months Ended March 31, 2023
AFUDC — Equity$38 $10 $6 $3 $19 $14 $2 $3 
Non-service net periodic benefit cost(1)— — — — — — — 
Three Months Ended March 31, 2022
AFUDC — Equity$36 $8 $7 $6 $15 $11 $2 $2 
Non-service net periodic benefit cost17 — — — — — — — 
Cash Flow Supplemental Disclosures
The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Cash Flows.
Depreciation, amortization, and accretion
Exelon(a)
ComEdPECOBGEPHIPepcoDPLACE
Three Months Ended March 31, 2023
Property, plant, and equipment(b)
$680 $267 $95 $124 $180 $76 $51 $47 
Amortization of regulatory assets(b)
178 71 3 43 61 32 9 20 
Amortization of intangible assets, net(b)
2 — — — — — — — 
Total depreciation and amortization$860 $338 $98 $167 $241 $108 $60 $67 
Three Months Ended March 31, 2022
Property, plant, and equipment(b)
$726 $254 $88 $117 $164 $72 $45 $41 
Amortization of regulatory assets(b)
179 67 4 54 54 36 12 6 
Amortization of intangible assets, net(b)
6 — — — — — — — 
Amortization of energy contract assets and liabilities(c)
3 — — — — — — — 
Nuclear fuel(d)
66 — — — — — — — 
ARO accretion(e)
44 — — — — — — — 
Total depreciation, amortization, and accretion$1,024 $321 $92 $171 $218 $108 $57 $47 
__________
(a)Exelon's 2022 amounts include amounts related to Generation prior to the separation. See Note 2 — Discontinued Operations for additional information.
(b)Included in Depreciation and amortization in the Registrants' Consolidated Statements of Operations and Comprehensive Income.
(c)Included in Electric operating revenues or Purchased power expense in Exelon’s Consolidated Statements of Operations and Comprehensive Income.
(d)Included in Purchased fuel expense in Exelon's Consolidated Statement of Operations and Comprehensive Income.
(e)Included in Operating and maintenance expense in Exelon's Consolidated Statement of Operations and Comprehensive Income.
Other non-cash operating activities
Exelon(a)
ComEdPECOBGEPHIPepcoDPLACE
Three Months Ended March 31, 2023
Pension and OPEB costs (benefit)$45 $6 $(3)$14 $24 $8 $4 $4 
Allowance for credit losses70 — 37 18 15 7 5 3 
True-up adjustments to decoupling mechanisms and formula rates(b)
(282)(153)4 (65)(68)(39)(11)(18)
Long-term incentive plan2 — — — — — — — 
Amortization of operating ROU asset10 1 — 1 7 1 2 1 
Change in environmental liabilities25 — — — 25 25 — — 
AFUDC — Equity(38)(10)(6)(3)(19)(14)(2)(3)
Three Months Ended March 31, 2022
Pension and OPEB costs (benefit)$44 $16 $(2)$12 $13 $2 $1 $3 
Allowance for credit losses78 17 27 18 18 9 6 3 
Other decommissioning-related activity36 — — — — — — — 
Energy-related options60 — — — — — — — 
True-up adjustments to decoupling mechanisms and formula rates(b)
(29)(40)(6)12 5 7 1 (3)
Long-term incentive plan25 — — — — — — — 
Amortization of operating ROU asset23 1 — 7 7 2 2 1 
AFUDC — Equity(36)(8)(7)(6)(15)(11)(2)(2)
__________
(a)Exelon's 2022 amounts include amounts related to Generation prior to the separation. See Note 2 — Discontinued Operations for additional information.
(b)For ComEd, reflects the true-up adjustments in regulatory assets and liabilities associated with its distribution, energy efficiency, distributed generation, and transmission formula rates. For PECO, reflects the change in regulatory assets and liabilities associated with its transmission formula rates. For BGE, Pepco, DPL, and ACE, reflects the change in regulatory assets and liabilities associated with their decoupling mechanisms and transmission formula rates. See Note 3 — Regulatory Matters of the 2022 Form 10-K for additional information.
The following tables provide a reconciliation of cash, cash equivalents, and restricted cash reported within the Registrants’ Consolidated Balance Sheets that sum to the total of the same amounts in their Consolidated Statements of Cash Flows.
ExelonComEdPECOBGEPHIPepcoDPLACE
March 31, 2023
Cash and cash equivalents$522 $75 $27 $20 $367 $126 $142 $71 
Restricted cash and cash equivalents381 323 9 1 29 27 1 — 
Restricted cash included in other deferred debits and other assets180 180 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,083 $578 $36 $21 $396 $153 $143 $71 
December 31, 2022
Cash and cash equivalents$407 $67 $59 $43 $198 $45 $31 $72 
Restricted cash and cash equivalents566 327 9 24 175 54 121 — 
Restricted cash included in other deferred debits and other assets117 117 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,090 $511 $68 $67 $373 $99 $152 $72 
March 31, 2022
Cash and cash equivalents$2,476 $343 $26 $41 $796 $502 $120 $168 
Restricted cash and cash equivalents430 246 8 34 106 34 73 — 
Restricted cash included in other deferred debits and other assets92 92 — — — — — — 
Total cash, restricted cash, and cash equivalents$2,998 $681 $34 $75 $902 $536 $193 $168 
December 31, 2021
Cash and cash equivalents$672 $131 $36 $51 $136 $34 $28 $29 
Restricted cash and cash equivalents321 210 8 4 77 34 43 — 
Restricted cash included in other deferred debits and other assets44 43 — — — — — — 
Cash, restricted cash, and cash equivalents from discontinued operations582 — — — — — — — 
Total cash, restricted cash, and cash equivalents$1,619 $384 $44 $55 $213 $68 $71 $29 
For additional information on restricted cash see Note 1 — Significant Accounting Policies of the 2022 Form 10-K.
Supplemental Balance Sheet Disclosures The following table provides additional information about material items recorded in the Registrants' Consolidated Balance Sheets.
Accrued expenses
ExelonComEdPECOBGEPHIPepcoDPLACE
March 31, 2023
Compensation-related accruals(a)
$359 $107 $43 $42 $59 $18 $11 $10 
Taxes accrued214 102 3 83 94 67 14 16 
Interest accrued373 78 44 45 75 35 22 16 
December 31, 2022
Compensation-related accruals(a)
$613 $179 $81 $79 $104 $29 $20 $16 
Taxes accrued211 92 10 34 70 52 8 12 
Interest accrued338 124 47 42 61 32 9 14 
__________
(a)Primarily includes accrued payroll, bonuses and other incentives, vacation, and benefits.