XML 243 R29.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - PECO - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 445 $ 407
Restricted cash and cash equivalents 482 566
Accounts receivable    
Customer accounts receivable 2,659 2,544
Customer allowance for credit losses (317) (327)
Customer accounts receivable, net 2,342 2,217
Other accounts receivable 1,101 1,426
Other allowance for credit losses (82) (82)
Other accounts receivable, net 1,019 1,344
Inventories, net    
Fossil fuel 94 208
Materials and supplies 707 547
Regulatory assets 2,215 1,641
Other 473 406
Total current assets 7,777 7,336
Property, plant and equipment, net 73,593 69,076
Deferred debits and other assets    
Regulatory assets 8,698 8,037
Receivable related to Regulatory Agreement Units 3,232 2,897
Investments 251 232
Total deferred debits and other assets 20,176 18,937
Total assets 101,546 95,349
Current liabilities    
Short-term borrowings 2,523 2,586
Long-term debt due within one year 1,403 1,802
Accrued expenses 1,375 1,226
Regulatory liabilities 389 437
Other 968 1,155
Total current liabilities 9,591 10,611
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 11,956 11,250
Regulatory liabilities 9,576 9,112
Asset retirement obligations 267 269
Non-pension postretirement benefit obligations 527 507
Other 2,088 1,967
Total deferred credits and other liabilities 26,118 24,332
Total liabilities 75,791 70,605
Commitments and contingencies
Shareholders’ equity    
Common stock 21,114 20,908
Retained earnings 5,490 4,597
Total shareholders’ equity 25,755 24,744
Total liabilities and member's equity 101,546 95,349
Related Party    
Current liabilities    
Accounts payable 5 5
Long-term debt to financing trusts 390 390
Nonrelated Party    
Deferred debits and other assets    
Other 1,365 1,141
Current liabilities    
Accounts payable 2,846 3,382
Long-term debt 39,692 35,272
PECO Energy Co    
Current assets    
Cash and cash equivalents 42 59
Restricted cash and cash equivalents 9 9
Accounts receivable    
Customer accounts receivable 527 635
Customer allowance for credit losses (95) (105)
Customer accounts receivable, net 432 530
Other accounts receivable 117 153
Other allowance for credit losses (8) (9)
Other accounts receivable, net 109 144
Inventories, net    
Fossil fuel 50 99
Materials and supplies 67 52
Regulatory assets 127 80
Other 65 38
Total current assets 903 1,015
Property, plant and equipment, net 13,128 12,125
Deferred debits and other assets    
Regulatory assets 793 652
Receivable related to Regulatory Agreement Units 278 237
Investments 35 30
Prepaid pension asset 429 413
Total deferred debits and other assets 1,564 1,362
Total assets 15,595 14,502
Current liabilities    
Short-term borrowings 165 239
Long-term debt due within one year 0 50
Accrued expenses 236 142
Customer deposits 79 63
Regulatory liabilities 92 75
Other 59 32
Total current liabilities 1,182 1,311
Long-term debt 5,134 4,562
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,321 2,213
Regulatory liabilities 314 270
Asset retirement obligations 26 28
Non-pension postretirement benefit obligations 286 286
Other 79 85
Total deferred credits and other liabilities 3,026 2,882
Total liabilities 9,526 8,939
Commitments and contingencies
Shareholders’ equity    
Common stock 4,050 3,702
Retained earnings 2,019 1,861
Total shareholders’ equity 6,069 5,563
Total liabilities and member's equity 15,595 14,502
PECO Energy Co | Related Party    
Accounts receivable    
Receivable from affiliates 2 4
Current liabilities    
Accounts payable 39 42
Long-term debt 184 184
Long-term debt to financing trusts 184 184
PECO Energy Co | Nonrelated Party    
Deferred debits and other assets    
Other 29 30
Current liabilities    
Accounts payable 512 668
Long-term debt $ 5,134 $ 4,562