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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - PECO - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating revenues        
Revenues from alternative revenue programs $ 108 $ 64 $ 513 $ 92
Total operating revenues 5,980 4,845 16,360 14,412
Operating expenses        
Operating and maintenance 1,187 1,148 3,535 3,436
Depreciation and amortization 890 825 2,616 2,472
Taxes other than income taxes 383 377 1,063 1,061
Total operating expenses 4,857 3,834 13,429 11,804
Operating income 1,123 1,011 2,931 2,606
Other income and (deductions)        
Interest expense, net (431) (359) (1,259) (1,044)
Other, net 81 122 331 435
Total other income and (deductions) (356) (243) (946) (628)
Income before income taxes 767 768 1,985 1,978
Income taxes 67 92 274 356
Net income 700 676 1,711 1,739
Comprehensive income 734 685 1,753 1,774
Related Party        
Operating expenses        
Purchased power from affiliate 0 0 0 159
Other income and (deductions)        
Interest expense to affiliates (6) (6) (18) (19)
PECO Energy Co        
Operating revenues        
Revenues from alternative revenue programs 11 (5) 1 1
Total operating revenues 1,037 1,014 2,977 2,877
Operating expenses        
Operating and maintenance 217 197 622 561
Depreciation and amortization 100 92 297 277
Taxes other than income taxes 59 60 156 155
Total operating expenses 847 798 2,436 2,230
Operating income 190 216 541 647
Other income and (deductions)        
Interest expense, net (51) (42) (142) (120)
Other, net 11 8 26 23
Total other income and (deductions) (41) (37) (123) (106)
Income before income taxes 149 179 418 541
Income taxes 3 44 8 67
Net income 146 135 410 474
Comprehensive income 146 135 410 474
PECO Energy Co | Related Party        
Operating revenues        
Operating revenues from affiliates 2 3 6 5
Operating expenses        
Purchased power from affiliate 0 0 0 33
Operating and maintenance from affiliates 60 46 164 144
Other income and (deductions)        
Interest expense to affiliates (1) (3) (7) (9)
Electricity, US Regulated        
Operating revenues        
Electric operating revenues 5,684 4,557 14,579 12,972
Operating expenses        
Purchased power and/or fuel 2,364 1,404 5,766 4,152
Electricity, US Regulated | PECO Energy Co        
Operating revenues        
Electric operating revenues 957 943 2,478 2,384
Operating expenses        
Purchased power and/or fuel 396 377 994 850
Natural Gas, US Regulated        
Operating revenues        
Electric operating revenues 188 224 1,268 1,348
Operating expenses        
Purchased power and/or fuel 33 80 449 524
Natural Gas, US Regulated | PECO Energy Co        
Operating revenues        
Electric operating revenues 67 73 492 487
Operating expenses        
Purchased power and/or fuel $ 15 $ 26 $ 203 $ 210