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Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Millions, $ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 522 $ 407
Restricted cash and cash equivalents 381 566
Accounts receivable    
Customer accounts receivable 2,493 2,544
Customer allowance for credit losses (389) (327)
Customer accounts receivable, net 2,104 2,217
Other accounts receivable 1,346 1,426
Other allowance for credit losses (91) (82)
Other accounts receivable, net 1,255 1,344
Inventories, net    
Fossil fuel and emission allowances 70 208
Materials and supplies 582 547
Regulatory assets, current 2,386 1,641
Other 477 406
Total current assets 7,777 7,336
Accumulated depreciation and amortization 16,384 15,930
Property, plant and equipment, net 70,117 69,076
Deferred debits and other assets    
Regulatory assets, noncurrent 7,878 8,037
Goodwill 6,630 6,630
Receivable related to Regulatory Agreement Units 3,069 2,897
Investments 234 232
Other 1,220 1,141
Total deferred debits and other assets 19,031 18,937
Total assets 96,925 95,349
Current Liabilities    
Short-term borrowings 1,306 2,586
Long-term debt due within one year 1,356 1,802
Accounts payable 2,762 3,382
Accrued expenses 1,183 1,226
Payables to affiliates, current 5 5
Regulatory liabilities, current 472 437
Mark-to-market derivative liabilities, current 23 8
Unamortized energy contract liabilities, current 9 10
Other 976 1,155
Total current liabilities 8,092 10,611
Long-term debt 38,732 35,272
Long-term debt to financing trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 11,483 11,250
Regulatory liabilities, noncurrent 9,307 9,112
Asset retirement obligations, noncurrent 270 269
Pension obligations 1,101 1,109
Non-pension postretirement benefit obligations 506 507
Mark-to-market derivative liabilities, noncurrent 77 83
Unamortized energy contract liabilities, noncurrent 32 35
Other 1,869 1,967
Total deferred credits and other liabilities 24,645 24,332
Total Liabilities 71,859 70,605
Commitments and contingencies
Shareholders' equity    
Common Stock, No Par Value $ 0 $ 0
Common stock, shares authorized 2,000 2,000
Common stock, shares outstanding 994 994
Common stock $ 20,921 $ 20,908
Treasury stock, shares 2 2
Treasury stock, at cost $ (123) $ (123)
Accumulated other comprehensive loss, net (639) (638)
Retained earnings/Undistributed earnings (losses) 4,907 4,597
Total shareholders’ equity 25,066 24,744
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 96,925 95,349
Commonwealth Edison Co [Member]    
Current Assets    
Cash and cash equivalents 75 67
Restricted cash and cash equivalents 323 327
Accounts receivable    
Customer accounts receivable 674 558
Customer allowance for credit losses (74) (59)
Customer accounts receivable, net 600 499
Other accounts receivable 233 441
Other allowance for credit losses (18) (17)
Other accounts receivable, net 215 424
Receivables from affiliates, current 3 3
Inventories, net    
Inventories, net 216 196
Regulatory assets, current 1,472 775
Other 102 92
Total current assets 3,006 2,383
Accumulated depreciation and amortization 6,838 6,673
Property, plant and equipment, net 27,858 27,513
Deferred debits and other assets    
Regulatory assets, noncurrent 2,517 2,667
Goodwill 2,625 2,625
Receivable related to Regulatory Agreement Units 2,804 2,660
Investments 6 6
Prepaid pension asset 1,225 1,206
Other 679 601
Total deferred debits and other assets 9,856 9,765
Total assets 40,720 39,661
Current Liabilities    
Short-term borrowings 409 577
Accounts payable 801 1,010
Accrued expenses 305 415
Payables to affiliates, current 84 74
Customer deposits 109 108
Regulatory liabilities, current 233 226
Mark-to-market derivative liabilities, current 22 5
Other 189 191
Total current liabilities 2,152 2,606
Long-term debt 11,480 10,518
Long-term debt to financing trusts 205 205
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 5,100 5,021
Regulatory liabilities, noncurrent 7,143 6,913
Asset retirement obligations, noncurrent 149 148
Non-pension postretirement benefit obligations 167 165
Mark-to-market derivative liabilities, noncurrent 76 79
Other 644 642
Total deferred credits and other liabilities 13,279 12,968
Total Liabilities 27,116 26,297
Commitments and contingencies
Shareholders' equity    
Common stock 1,588 1,588
Other paid-in capital 9,932 9,746
Retained earnings/Undistributed earnings (losses) 2,084 2,030
Total shareholders’ equity 13,604 13,364
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 40,720 39,661
PECO Energy Co [Member]    
Current Assets    
Cash and cash equivalents 27 59
Restricted cash and cash equivalents 9 9
Accounts receivable    
Customer accounts receivable 588 635
Customer allowance for credit losses (130) (105)
Customer accounts receivable, net 458 530
Other accounts receivable 147 153
Other allowance for credit losses (11) (9)
Other accounts receivable, net 136 144
Receivables from affiliates, current 2 4
Inventories, net    
Fossil fuel and emission allowances 41 99
Materials and supplies 50 52
Prepaid utility taxes 100 0
Regulatory assets, current 83 80
Other 43 38
Total current assets 949 1,015
Accumulated depreciation and amortization 4,135 4,078
Property, plant and equipment, net 12,359 12,125
Deferred debits and other assets    
Regulatory assets, noncurrent 693 652
Receivable related to Regulatory Agreement Units 265 237
Investments 31 30
Prepaid pension asset 417 413
Other 24 30
Total deferred debits and other assets 1,430 1,362
Total assets 14,738 14,502
Current Liabilities    
Short-term borrowings 145 239
Long-term debt due within one year 50 50
Accounts payable 543 668
Accrued expenses 95 142
Payables to affiliates, current 48 42
Customer deposits 66 63
Regulatory liabilities, current 95 75
Other 50 32
Total current liabilities 1,092 1,311
Long-term debt 4,563 4,562
Long-term debt to financing trusts 184 184
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,245 2,213
Regulatory liabilities, noncurrent 295 270
Asset retirement obligations, noncurrent 28 28
Non-pension postretirement benefit obligations 286 286
Other 87 85
Total deferred credits and other liabilities 2,941 2,882
Total Liabilities 8,780 8,939
Commitments and contingencies
Shareholders' equity    
Common stock 4,032 3,702
Retained earnings/Undistributed earnings (losses) 1,926 1,861
Total shareholders’ equity 5,958 5,563
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 14,738 14,502
Baltimore Gas and Electric Company [Member]    
Current Assets    
Cash and cash equivalents 20 43
Restricted cash and cash equivalents 1 24
Accounts receivable    
Customer accounts receivable 581 617
Customer allowance for credit losses (73) (54)
Customer accounts receivable, net 508 563
Other accounts receivable 128 132
Other allowance for credit losses (12) (10)
Other accounts receivable, net 116 122
Receivables from affiliates, current 0 0
Inventories, net    
Fossil fuel and emission allowances 23 91
Materials and supplies 71 65
Prepaid utility taxes 49 52
Regulatory assets, current 237 177
Other 13 13
Total current assets 1,038 1,150
Accumulated depreciation and amortization 4,658 4,583
Property, plant and equipment, net 11,493 11,338
Deferred debits and other assets    
Regulatory assets, noncurrent 533 527
Investments 9 7
Prepaid pension asset 280 291
Other 58 37
Total deferred debits and other assets 880 862
Total assets 13,411 13,350
Current Liabilities    
Short-term borrowings 243 408
Long-term debt due within one year 300 300
Accounts payable 310 462
Accrued expenses 174 159
Payables to affiliates, current 37 39
Customer deposits 107 105
Regulatory liabilities, current 61 47
Other 34 55
Total current liabilities 1,266 1,575
Long-term debt 3,908 3,907
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,878 1,832
Regulatory liabilities, noncurrent 791 816
Asset retirement obligations, noncurrent 30 30
Non-pension postretirement benefit obligations 161 166
Other 84 88
Total deferred credits and other liabilities 2,944 2,932
Total Liabilities 8,118 8,414
Commitments and contingencies
Shareholders' equity    
Common stock 3,098 2,861
Retained earnings/Undistributed earnings (losses) 2,195 2,075
Total shareholders’ equity 5,293 4,936
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 13,411 13,350
Pepco Holdings LLC [Member]    
Current Assets    
Cash and cash equivalents 367 198
Restricted cash and cash equivalents 29 175
Accounts receivable    
Customer accounts receivable 650 734
Customer allowance for credit losses (112) (109)
Customer accounts receivable, net 538 625
Other accounts receivable 280 300
Other allowance for credit losses (50) (46)
Other accounts receivable, net 230 254
Receivables from affiliates, current 2 2
Inventories, net    
Fossil fuel and emission allowances 5 18
Materials and supplies 245 236
Regulatory assets, current 439 455
Other 68 96
Total current assets 1,923 2,059
Accumulated depreciation and amortization 2,757 2,618
Property, plant and equipment, net 18,003 17,686
Deferred debits and other assets    
Regulatory assets, noncurrent 1,579 1,610
Goodwill 4,005 4,005
Investments 139 138
Prepaid pension asset 332 353
Other 227 231
Total deferred debits and other assets 6,282 6,337
Total assets 26,208 26,082
Current Liabilities    
Short-term borrowings 0 414
Long-term debt due within one year 998 591
Accounts payable 634 771
Accrued expenses 252 260
Payables to affiliates, current 66 66
Borrowings from Exelon/PHI intercompany money pool 52 44
Customer deposits 92 88
Regulatory liabilities, current 69 76
Unamortized energy contract liabilities, current 9 10
PPA termination obligation 87 87
Other 149 330
Total current liabilities 2,408 2,737
Long-term debt 7,555 7,529
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,934 2,895
Regulatory liabilities, noncurrent 976 1,011
Asset retirement obligations, noncurrent 59 59
Non-pension postretirement benefit obligations 46 50
Unamortized energy contract liabilities, noncurrent 32 35
Other 520 536
Total deferred credits and other liabilities 4,567 4,586
Total Liabilities 14,530 14,852
Commitments and contingencies
Shareholders' equity    
Retained earnings/Undistributed earnings (losses) (309) (352)
Members' Equity [Abstract]    
Membership interest 11,987 11,582
Total members' equity 11,678 11,230
Total liabilities and shareholders’ equity 26,208 26,082
Potomac Electric Power Company [Member]    
Current Assets    
Cash and cash equivalents 126 45
Restricted cash and cash equivalents 27 54
Accounts receivable    
Customer accounts receivable 312 351
Customer allowance for credit losses (49) (47)
Customer accounts receivable, net 263 304
Other accounts receivable 166 180
Other allowance for credit losses (28) (25)
Other accounts receivable, net 138 155
Receivables from affiliates, current 1 0
Inventories, net    
Inventories, net 138 135
Regulatory assets, current 248 235
Other 33 53
Total current assets 974 981
Accumulated depreciation and amortization 4,118 4,067
Property, plant and equipment, net 8,955 8,794
Deferred debits and other assets    
Regulatory assets, noncurrent 424 437
Investments 121 119
Prepaid pension asset 266 273
Other 55 53
Total deferred debits and other assets 866 882
Total assets 10,795 10,657
Current Liabilities    
Short-term borrowings 0 299
Long-term debt due within one year 405 4
Accounts payable 311 382
Accrued expenses 131 125
Payables to affiliates, current 38 34
Customer deposits 41 39
Regulatory liabilities, current 5 6
Merger related obligation 25 26
Other 75 93
Total current liabilities 1,031 1,008
Long-term debt 3,590 3,747
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,398 1,382
Regulatory liabilities, noncurrent 435 455
Asset retirement obligations, noncurrent 39 39
Other 260 244
Total deferred credits and other liabilities 2,132 2,120
Total Liabilities 6,753 6,875
Commitments and contingencies
Shareholders' equity    
Common stock 3,010 2,767
Retained earnings/Undistributed earnings (losses) 1,032 1,015
Total shareholders’ equity 4,042 3,782
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 10,795 10,657
Delmarva Power and Light Company [Member]    
Current Assets    
Cash and cash equivalents 142 31
Restricted cash and cash equivalents 1 121
Accounts receivable    
Customer accounts receivable 182 204
Customer allowance for credit losses (26) (21)
Customer accounts receivable, net 156 183
Other accounts receivable 48 52
Other allowance for credit losses (8) (7)
Other accounts receivable, net 40 45
Receivables from affiliates, current 0 0
Inventories, net    
Fossil fuel and emission allowances 5 18
Materials and supplies 61 58
Regulatory assets, current 63 80
Other 30 37
Total current assets 498 573
Accumulated depreciation and amortization 1,811 1,772
Property, plant and equipment, net 4,902 4,820
Deferred debits and other assets    
Regulatory assets, noncurrent 202 202
Prepaid pension asset 148 153
Other 54 54
Total deferred debits and other assets 404 409
Total assets 5,804 5,802
Current Liabilities    
Short-term borrowings 0 115
Long-term debt due within one year 584 584
Accounts payable 148 172
Accrued expenses 51 41
Payables to affiliates, current 26 22
Customer deposits 30 29
Regulatory liabilities, current 49 44
Other 17 136
Total current liabilities 905 1,143
Long-term debt 1,477 1,354
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 882 869
Regulatory liabilities, noncurrent 374 380
Asset retirement obligations, noncurrent 13 13
Non-pension postretirement benefit obligations 9 9
Other 77 84
Total deferred credits and other liabilities 1,355 1,355
Total Liabilities 3,737 3,852
Commitments and contingencies
Shareholders' equity    
Common stock 1,455 1,356
Retained earnings/Undistributed earnings (losses) 612 594
Total shareholders’ equity 2,067 1,950
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 5,804 5,802
Atlantic City Electric Company [Member]    
Current Assets    
Cash and cash equivalents 71 72
Restricted cash and cash equivalents 0 0
Accounts receivable    
Customer accounts receivable 156 179
Customer allowance for credit losses (37) (41)
Customer accounts receivable, net 119 138
Other accounts receivable 64 70
Other allowance for credit losses (14) (14)
Other accounts receivable, net 50 56
Receivables from affiliates, current 2 1
Inventories, net    
Inventories, net 46 43
Regulatory assets, current 114 130
Other 5 3
Total current assets 407 443
Accumulated depreciation and amortization 1,583 1,551
Property, plant and equipment, net 4,067 3,990
Deferred debits and other assets    
Regulatory assets, noncurrent 492 494
Prepaid pension asset 14 18
Other 33 34
Total deferred debits and other assets 539 546
Total assets 5,013 4,979
Current Liabilities    
Long-term debt due within one year 3 3
Accounts payable 167 206
Accrued expenses 46 47
Payables to affiliates, current 26 26
Customer deposits 21 21
Regulatory liabilities, current 15 26
PPA termination obligation 87 87
Other 12 58
Total current liabilities 377 474
Long-term debt 1,828 1,754
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 742 734
Regulatory liabilities, noncurrent 148 156
Non-pension postretirement benefit obligations 7 8
Other 83 100
Total deferred credits and other liabilities 980 998
Total Liabilities 3,185 3,226
Commitments and contingencies
Shareholders' equity    
Common stock 1,828 1,765
Retained earnings/Undistributed earnings (losses) 0 (12)
Total shareholders’ equity 1,828 1,753
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity $ 5,013 $ 4,979