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Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 399 $ 407
Restricted cash and cash equivalents 435 566
Accounts receivable    
Customer accounts receivable 2,333 2,544
Customer allowance for credit losses (323) (327)
Customer accounts receivable, net 2,010 2,217
Other accounts receivable 1,107 1,426
Other allowance for credit losses (87) (82)
Other accounts receivable, net 1,020 1,344
Inventories, net    
Fossil fuel and emission allowances 88 208
Materials and supplies 622 547
Regulatory assets, current 2,505 1,641
Other 463 406
Total current assets 7,542 7,336
Accumulated depreciation and amortization 16,819 15,930
Property, plant and equipment, net 71,300 69,076
Deferred debits and other assets    
Regulatory assets, noncurrent 7,972 8,037
Goodwill 6,630 6,630
Receivable related to Regulatory Agreement Units 3,120 2,897
Investments 238 232
Other 1,278 1,141
Total deferred debits and other assets 19,238 18,937
Total assets 98,080 95,349
Current Liabilities    
Short-term borrowings 1,236 2,586
Long-term debt due within one year 1,505 1,802
Accrued expenses 1,220 1,226
Regulatory liabilities, current 439 437
Mark-to-market derivative liabilities, current 31 8
Unamortized energy contract liabilities, current 8 10
Other 986 1,155
Total current liabilities 7,936 10,611
Long-term debt 39,492 35,272
Long-term debt to Financing Trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 11,547 11,250
Regulatory liabilities, noncurrent 9,406 9,112
Asset retirement obligations, noncurrent 273 269
Pension obligations 1,061 1,109
Non-pension postretirement benefit obligations 510 507
Mark-to-market derivative liabilities, noncurrent 109 83
Unamortized energy contract liabilities, noncurrent 30 35
Other 2,247 1,967
Total deferred credits and other liabilities 25,183 24,332
Total Liabilities 73,001 70,605
Commitments and contingencies
Common Stock, No Par Value $ 0 $ 0
Common stock, shares authorized 2,000 2,000
Common stock, shares outstanding 995 994
Shareholders' equity    
Common stock $ 20,941 $ 20,908
Treasury Stock, Common, Shares 2 2
Treasury stock, at cost $ (123) $ (123)
Accumulated other comprehensive loss, net (630) (638)
Retained earnings/Undistributed earnings (losses) 4,891 4,597
Total shareholders’ equity 25,079 24,744
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 98,080 95,349
Related Party    
Current Liabilities    
Accounts payable 5 5
Long-term debt to Financing Trusts 390 390
Nonrelated Party    
Current Liabilities    
Accounts payable 2,506 3,382
Commonwealth Edison Co [Member]    
Current Assets    
Cash and cash equivalents 74 67
Restricted cash and cash equivalents 361 327
Accounts receivable    
Customer accounts receivable 786 558
Customer allowance for credit losses (67) (59)
Customer accounts receivable, net 719 499
Other accounts receivable 234 441
Other allowance for credit losses (18) (17)
Other accounts receivable, net 216 424
Inventories, net    
Inventories, net 238 196
Regulatory assets, current 1,609 775
Other 105 92
Total current assets 3,325 2,383
Accumulated depreciation and amortization 6,985 6,673
Property, plant and equipment, net 28,283 27,513
Deferred debits and other assets    
Regulatory assets, noncurrent 2,612 2,667
Goodwill 2,625 2,625
Receivable related to Regulatory Agreement Units 2,857 2,660
Investments 6 6
Prepaid pension asset 1,222 1,206
Total deferred debits and other assets 10,064 9,765
Total assets 41,672 39,661
Current Liabilities    
Short-term borrowings 697 577
Accrued expenses 396 415
Customer deposits 112 108
Regulatory liabilities, current 196 226
Mark-to-market derivative liabilities, current 24 5
Total current liabilities 2,434 2,606
Long-term debt 11,482 10,518
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 5,178 5,021
Regulatory liabilities, noncurrent 7,265 6,913
Asset retirement obligations, noncurrent 150 148
Non-pension postretirement benefit obligations 170 165
Mark-to-market derivative liabilities, noncurrent 109 79
Other 827 642
Total deferred credits and other liabilities 13,699 12,968
Total Liabilities 27,820 26,297
Commitments and contingencies
Shareholders' equity    
Common stock 1,588 1,588
Other paid-in capital 10,118 9,746
Retained earnings/Undistributed earnings (losses) 2,146 2,030
Total shareholders’ equity 13,852 13,364
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 41,672 39,661
Commonwealth Edison Co [Member] | Related Party    
Accounts receivable    
Customer accounts receivable, net 3 3
Accounts and Other Receivables, Net, Current 3 3
Current Liabilities    
Accounts payable 71 74
Long-term debt to Financing Trusts 205 205
Commonwealth Edison Co [Member] | Nonrelated Party    
Deferred debits and other assets    
Other 742 601
Current Liabilities    
Accounts payable 728 1,010
Other 210 191
PECO Energy Co [Member]    
Current Assets    
Cash and cash equivalents 82 59
Restricted cash and cash equivalents 9 9
Accounts receivable    
Customer accounts receivable 448 635
Customer allowance for credit losses (101) (105)
Customer accounts receivable, net 347 530
Other accounts receivable 127 153
Other allowance for credit losses (8) (9)
Other accounts receivable, net 119 144
Inventories, net    
Fossil fuel and emission allowances 47 99
Materials and supplies 52 52
Prepaid utility taxes 68 0
Regulatory assets, current 102 80
Other 45 38
Total current assets 1,097 1,015
Accumulated depreciation and amortization 4,182 4,078
Property, plant and equipment, net 12,651 12,125
Deferred debits and other assets    
Regulatory assets, noncurrent 717 652
Receivable related to Regulatory Agreement Units 263 237
Investments 32 30
Prepaid pension asset 421 413
Total deferred debits and other assets 1,459 1,362
Total assets 15,207 14,502
Current Liabilities    
Short-term borrowings 0 239
Long-term debt due within one year 0 50
Accrued expenses 165 142
Customer deposits 72 63
Regulatory liabilities, current 116 75
Total current liabilities 979 1,311
Long-term debt 5,132 4,562
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,263 2,213
Regulatory liabilities, noncurrent 295 270
Asset retirement obligations, noncurrent 28 28
Non-pension postretirement benefit obligations 287 286
Other 85 85
Total deferred credits and other liabilities 2,958 2,882
Total Liabilities 9,253 8,939
Commitments and contingencies
Shareholders' equity    
Common stock 4,032 3,702
Retained earnings/Undistributed earnings (losses) 1,922 1,861
Total shareholders’ equity 5,954 5,563
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 15,207 14,502
PECO Energy Co [Member] | Related Party    
Accounts receivable    
Customer accounts receivable, net 1 4
Accounts and Other Receivables, Net, Current 1 4
Receivable from Exelon/PHI intercompany money pool 225 0
Current Liabilities    
Accounts payable 36 42
Long-term debt to Financing Trusts 184 184
PECO Energy Co [Member] | Nonrelated Party    
Deferred debits and other assets    
Other 26 30
Current Liabilities    
Accounts payable 530 668
Other 60 32
Baltimore Gas and Electric Company [Member]    
Current Assets    
Cash and cash equivalents 89 43
Restricted cash and cash equivalents 1 24
Accounts receivable    
Customer accounts receivable 440 617
Customer allowance for credit losses (50) (54)
Customer accounts receivable, net 390 563
Other accounts receivable 114 132
Other allowance for credit losses (8) (10)
Other accounts receivable, net 106 122
Inventories, net    
Fossil fuel and emission allowances 34 91
Materials and supplies 71 65
Prepaid utility taxes 0 52
Regulatory assets, current 241 177
Other 18 13
Total current assets 950 1,150
Accumulated depreciation and amortization 4,737 4,583
Property, plant and equipment, net 11,673 11,338
Deferred debits and other assets    
Regulatory assets, noncurrent 541 527
Investments 9 7
Prepaid pension asset 269 291
Total deferred debits and other assets 865 862
Total assets 13,488 13,350
Current Liabilities    
Short-term borrowings 0 408
Long-term debt due within one year 0 300
Accrued expenses 139 159
Customer deposits 109 105
Regulatory liabilities, current 42 47
Total current liabilities 670 1,575
Long-term debt 4,601 3,907
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,896 1,832
Regulatory liabilities, noncurrent 789 816
Asset retirement obligations, noncurrent 30 30
Non-pension postretirement benefit obligations 161 166
Other 85 88
Total deferred credits and other liabilities 2,961 2,932
Total Liabilities 8,232 8,414
Commitments and contingencies
Shareholders' equity    
Common stock 3,098 2,861
Retained earnings/Undistributed earnings (losses) 2,158 2,075
Total shareholders’ equity 5,256 4,936
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 13,488 13,350
Baltimore Gas and Electric Company [Member] | Related Party    
Accounts receivable    
Customer accounts receivable, net 0 0
Current Liabilities    
Accounts payable 32 39
Baltimore Gas and Electric Company [Member] | Nonrelated Party    
Deferred debits and other assets    
Other 46 37
Current Liabilities    
Accounts payable 316 462
Other 32 55
Pepco Holdings LLC [Member]    
Current Assets    
Cash and cash equivalents 110 198
Restricted cash and cash equivalents 26 175
Accounts receivable    
Customer accounts receivable 659 734
Customer allowance for credit losses (105) (109)
Customer accounts receivable, net 554 625
Other accounts receivable 304 300
Other allowance for credit losses (53) (46)
Other accounts receivable, net 251 254
Inventories, net    
Fossil fuel and emission allowances 7 18
Materials and supplies 261 236
Regulatory assets, current 400 455
Other 84 96
Total current assets 1,695 2,059
Accumulated depreciation and amortization 2,901 2,618
Property, plant and equipment, net 18,279 17,686
Deferred debits and other assets    
Regulatory assets, noncurrent 1,589 1,610
Goodwill 4,005 4,005
Investments 141 138
Prepaid pension asset 311 353
Total deferred debits and other assets 6,267 6,337
Total assets 26,241 26,082
Current Liabilities    
Short-term borrowings 37 414
Long-term debt due within one year 996 591
Accrued expenses 258 260
Customer deposits 95 88
Regulatory liabilities, current 73 76
Unamortized energy contract liabilities, current 8 10
PPA termination obligation 74 87
Total current liabilities 2,440 2,737
Long-term debt 7,554 7,529
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,967 2,895
Regulatory liabilities, noncurrent 958 1,011
Asset retirement obligations, noncurrent 60 59
Non-pension postretirement benefit obligations 45 50
Unamortized energy contract liabilities, noncurrent 30 35
Other 506 536
Total deferred credits and other liabilities 4,566 4,586
Total Liabilities 14,560 14,852
Commitments and contingencies
Shareholders' equity    
Retained earnings/Undistributed earnings (losses) (306) (352)
Members' Equity [Abstract]    
Membership interest 11,987 11,582
Total members' equity 11,681 11,230
Total liabilities and shareholders’ equity 26,241 26,082
Pepco Holdings LLC [Member] | Related Party    
Accounts receivable    
Accounts and Other Receivables, Net, Current 2 2
Current Liabilities    
Accounts payable 58 66
Other 52 44
Pepco Holdings LLC [Member] | Nonrelated Party    
Deferred debits and other assets    
Other 221 231
Current Liabilities    
Accounts payable 657 771
Other 132 330
Potomac Electric Power Company [Member]    
Current Assets    
Cash and cash equivalents 16 45
Restricted cash and cash equivalents 26 54
Accounts receivable    
Customer accounts receivable 337 351
Customer allowance for credit losses (50) (47)
Customer accounts receivable, net 287 304
Other accounts receivable 178 180
Other allowance for credit losses (31) (25)
Other accounts receivable, net 147 155
Inventories, net    
Inventories, net 145 135
Regulatory assets, current 212 235
Other 13 53
Total current assets 846 981
Accumulated depreciation and amortization 4,171 4,067
Property, plant and equipment, net 9,111 8,794
Deferred debits and other assets    
Regulatory assets, noncurrent 443 437
Investments 122 119
Prepaid pension asset 259 273
Total deferred debits and other assets 881 882
Total assets 10,838 10,657
Current Liabilities    
Short-term borrowings 0 299
Long-term debt due within one year 405 4
Accrued expenses 126 125
Customer deposits 43 39
Regulatory liabilities, current 11 6
Merger related obligation 27 26
Total current liabilities 1,064 1,008
Long-term debt 3,593 3,747
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,421 1,382
Regulatory liabilities, noncurrent 421 455
Asset retirement obligations, noncurrent 40 39
Other 260 244
Total deferred credits and other liabilities 2,142 2,120
Total Liabilities 6,799 6,875
Commitments and contingencies
Shareholders' equity    
Common stock 3,010 2,767
Retained earnings/Undistributed earnings (losses) 1,029 1,015
Total shareholders’ equity 4,039 3,782
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 10,838 10,657
Potomac Electric Power Company [Member] | Related Party    
Accounts receivable    
Customer accounts receivable, net 0 0
Current Liabilities    
Accounts payable 32 34
Other 52 0
Potomac Electric Power Company [Member] | Nonrelated Party    
Deferred debits and other assets    
Other 57 53
Current Liabilities    
Accounts payable 310 382
Other 58 93
Delmarva Power and Light Company [Member]    
Current Assets    
Cash and cash equivalents 18 31
Restricted cash and cash equivalents 0 121
Accounts receivable    
Customer accounts receivable 149 204
Customer allowance for credit losses (21) (21)
Customer accounts receivable, net 128 183
Other accounts receivable 54 52
Other allowance for credit losses (9) (7)
Other accounts receivable, net 45 45
Inventories, net    
Fossil fuel and emission allowances 7 18
Materials and supplies 64 58
Regulatory assets, current 59 80
Other 23 37
Total current assets 446 573
Accumulated depreciation and amortization 1,854 1,772
Property, plant and equipment, net 4,974 4,820
Deferred debits and other assets    
Regulatory assets, noncurrent 205 202
Prepaid pension asset 144 153
Total deferred debits and other assets 403 409
Total assets 5,823 5,802
Current Liabilities    
Short-term borrowings 0 115
Long-term debt due within one year 584 584
Accrued expenses 46 41
Customer deposits 31 29
Regulatory liabilities, current 47 44
Total current liabilities 910 1,143
Long-term debt 1,477 1,354
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 887 869
Regulatory liabilities, noncurrent 371 380
Asset retirement obligations, noncurrent 13 13
Non-pension postretirement benefit obligations 9 9
Other 82 84
Total deferred credits and other liabilities 1,362 1,355
Total Liabilities 3,749 3,852
Commitments and contingencies
Shareholders' equity    
Common stock 1,455 1,356
Retained earnings/Undistributed earnings (losses) 619 594
Total shareholders’ equity 2,074 1,950
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 5,823 5,802
Delmarva Power and Light Company [Member] | Related Party    
Accounts receivable    
Customer accounts receivable, net 0 0
Receivable from Exelon/PHI intercompany money pool 102 0
Current Liabilities    
Accounts payable 23 22
Delmarva Power and Light Company [Member] | Nonrelated Party    
Deferred debits and other assets    
Other 54 54
Current Liabilities    
Accounts payable 162 172
Other 17 136
Atlantic City Electric Company [Member]    
Current Assets    
Cash and cash equivalents 24 72
Restricted cash and cash equivalents 0 0
Accounts receivable    
Customer accounts receivable 173 179
Customer allowance for credit losses (34) (41)
Customer accounts receivable, net 139 138
Other accounts receivable 71 70
Other allowance for credit losses (13) (14)
Other accounts receivable, net 58 56
Inventories, net    
Inventories, net 52 43
Prepaid utility taxes 43 0
Regulatory assets, current 116 130
Other 3 3
Total current assets 437 443
Accumulated depreciation and amortization 1,619 1,551
Property, plant and equipment, net 4,120 3,990
Deferred debits and other assets    
Regulatory assets, noncurrent 488 494
Prepaid pension asset 11 18
Total deferred debits and other assets 531 546
Total assets 5,088 4,979
Current Liabilities    
Short-term borrowings 37 0
Long-term debt due within one year 3 3
Accrued expenses 42 47
Customer deposits 22 21
Regulatory liabilities, current 15 26
PPA termination obligation 74 87
Total current liabilities 455 474
Long-term debt 1,831 1,754
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 748 734
Regulatory liabilities, noncurrent 147 156
Non-pension postretirement benefit obligations 7 8
Other 69 100
Total deferred credits and other liabilities 971 998
Total Liabilities 3,257 3,226
Commitments and contingencies
Shareholders' equity    
Common stock 1,828 1,765
Retained earnings/Undistributed earnings (losses) 3 (12)
Total shareholders’ equity 1,831 1,753
Members' Equity [Abstract]    
Total liabilities and shareholders’ equity 5,088 4,979
Atlantic City Electric Company [Member] | Related Party    
Accounts receivable    
Customer accounts receivable, net 2 1
Accounts and Other Receivables, Net, Current 2 1
Current Liabilities    
Accounts payable 22 26
Other 50 0
Atlantic City Electric Company [Member] | Nonrelated Party    
Deferred debits and other assets    
Other 32 34
Current Liabilities    
Accounts payable 178 206
Other $ 12 $ 58