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Consolidated Statements of Operations and Comprehensive Income - PECO - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues      
Revenues from alternative revenue programs $ 696 $ 161 $ 171
Total operating revenues 21,727 19,078 17,938
Operating expenses      
Operating and maintenance 4,559 4,673 4,547
Depreciation and amortization 3,506 3,325 3,033
Taxes other than income taxes 1,408 1,390 1,291
Total operating expenses 17,714 15,761 15,256
Operating income 4,023 3,315 2,682
Other income and (deductions)      
Interest expense, net (1,704) (1,422) (1,264)
Other, net 408 535 261
Total other income and (deductions) (1,321) (912) (1,028)
Income before income taxes 2,702 2,403 1,654
Income taxes 374 349 38
Net income 2,328 2,171 1,829
Comprehensive income 2,240 2,260 2,479
Related Party      
Operating expenses      
Purchased power and/or fuel from affiliates 0 159 1,178
Other income and (deductions)      
Interest expense to affiliates, net 25 25 25
PECO Energy Co      
Operating revenues      
Revenues from alternative revenue programs (7) 2 26
Total operating revenues 3,894 3,903 3,198
Operating expenses      
Operating and maintenance 786 791 757
Depreciation and amortization 397 373 348
Taxes other than income taxes 202 202 184
Total operating expenses 3,146 3,102 2,547
Operating income 748 801 651
Other income and (deductions)      
Interest expense, net (192) (165) (149)
Other, net 36 31 26
Total other income and (deductions) (165) (146) (135)
Income before income taxes 583 655 516
Income taxes 20 79 12
Net income 563 576 504
Comprehensive income 563 576 504
PECO Energy Co | Related Party      
Operating revenues      
Operating revenues from affiliates 9 7 21
Operating expenses      
Purchased power and/or fuel from affiliates 0 33 194
Operating and maintenance from affiliates 217 201 177
Other income and (deductions)      
Interest expense to affiliates, net 9 12 12
Electricity, US Regulated      
Operating revenues      
Operating revenues 19,267 16,899 16,245
Operating expenses      
Purchased power and/or fuel 7,648 5,380 4,703
Electricity, US Regulated | PECO Energy Co      
Operating revenues      
Operating revenues 3,202 3,156 2,613
Operating expenses      
Purchased power and/or fuel 1,270 1,160 699
Natural Gas, US Regulated      
Operating revenues      
Operating revenues 1,764 2,018 1,522
Operating expenses      
Purchased power and/or fuel 593 834 504
Natural Gas, US Regulated | PECO Energy Co      
Operating revenues      
Operating revenues 690 738 538
Operating expenses      
Purchased power and/or fuel $ 274 $ 342 $ 188