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Consolidated Statements of Cash Flows - ComEd - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net income $ 2,328 $ 2,171 $ 1,829
Adjustments to reconcile net income to net cash flows used in operating activities:      
Depreciation and amortization 3,506 3,533 7,573
Deferred income taxes and amortization of investment tax credits 319 255 18
Net fair value changes related to derivatives (22) 53 568
Other non-cash operating activities (335) 370 (200)
Changes in assets and liabilities:      
Accounts receivable (37) (1,222) (703)
Inventories (45) (121) (141)
Accounts payable and accrued expenses (191) 1,318 440
Collateral (paid) received, net (146) 1,248 (74)
Income taxes 48 (4) 327
Regulatory assets and liabilities, net 439 1,326 634
Pension and non-pension postretirement benefit contributions (129) (616) (665)
Other assets and liabilities (188) (905) (3,777)
Net cash flows provided by operating activities 4,703 4,870 3,012
Cash flows from investing activities      
Capital expenditures (7,408) (7,147) (7,981)
Other investing activities 8 0 26
Net cash flows used in investing activities (7,375) (6,990) (3,317)
Cash flows from financing activities      
Changes in short-term borrowings (313) 986 269
Proceeds from short-term borrowings with maturities greater than 90 days 400 1,300 1,380
Repayments on short-term borrowings with maturities greater than 90 days (150) (1,500) (350)
Issuance of long-term debt 5,825 6,309 3,481
Retirement of long-term debt (1,713) (2,073) (1,640)
Dividends paid on common stock (1,433) (1,334) (1,497)
Other financing activities (114) (102) (80)
Net cash flows provided by financing activities 2,683 1,591 758
(Decrease) increase in cash, restricted cash, and cash equivalents 11 (529) 453
Cash, restricted cash, and cash equivalents at beginning of period 1,090 1,619 1,166
Cash, restricted cash, and cash equivalents at end of period 1,101 1,090 1,619
Commonwealth Edison Co      
Cash flows from operating activities      
Net income 1,090 917 742
Adjustments to reconcile net income to net cash flows used in operating activities:      
Depreciation and amortization 1,403 1,323 1,205
Deferred income taxes and amortization of investment tax credits 196 241 244
Other non-cash operating activities (536) (165) 126
Changes in assets and liabilities:      
Accounts receivable (138) (163) (25)
Inventories (82) (28) (2)
Accounts payable and accrued expenses (87) 406 0
Collateral (paid) received, net 69 51 0
Income taxes 106 0 0
Regulatory assets and liabilities, net (60) (1,033) (388)
Pension and non-pension postretirement benefit contributions (41) (184) (196)
Other assets and liabilities (70) (134) (143)
Net cash flows provided by operating activities 1,848 1,197 1,595
Cash flows from investing activities      
Capital expenditures (2,576) (2,506) (2,387)
Other investing activities 8 28 26
Net cash flows used in investing activities (2,568) (2,478) (2,361)
Cash flows from financing activities      
Changes in short-term borrowings (225) 427 (323)
Proceeds from short-term borrowings with maturities greater than 90 days 400 150 0
Repayments on short-term borrowings with maturities greater than 90 days (150) 0 0
Issuance of long-term debt 975 750 1,150
Retirement of long-term debt 0 0 (350)
Dividends paid on common stock (746) (578) (507)
Contributions from parent 655 670 791
Other financing activities (14) (11) (16)
Net cash flows provided by financing activities 895 1,408 745
(Decrease) increase in cash, restricted cash, and cash equivalents 175 127 (21)
Cash, restricted cash, and cash equivalents at beginning of period 511 384 405
Cash, restricted cash, and cash equivalents at end of period 686 511 384
Commonwealth Edison Co | Related Party      
Changes in assets and liabilities:      
Receivables from and payables to affiliates, net $ (2) $ (34) $ 32