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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - Exelon - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues    
Revenues from alternative revenue programs $ 106 $ 279
Total operating revenues 6,043 5,563
Operating expenses    
Operating and maintenance 1,271 1,151
Depreciation and amortization 879 860
Taxes other than income taxes 371 355
Total operating expenses 4,931 4,457
Gain on sales of assets 2 0
Operating income 1,114 1,106
Other income and (deductions)    
Interest expense, net (462) (406)
Other, net 75 109
Total other income and (deductions) (393) (303)
Income (Loss) before income taxes 721 803
Income taxes 63 134
Net income attributable to common shareholders 658 669
Net income 658 669
Other comprehensive income (loss), net of income taxes    
Actuarial losses reclassified to periodic benefit cost 5 3
Pension and non-pension postretirement benefit plans valuation adjustments (24) (10)
Unrealized gains on cash flow hedges 33 6
Other comprehensive income (loss) 14 (1)
Comprehensive income $ 672 $ 668
Average shares of common stock outstanding:    
Basic average shares of common stock outstanding (in shares) 1,000 995
Assumed exercise and/or distributions of stock-based awards (in shares) [1] 1 1
Diluted average shares of common stock outstanding (in shares) 1,001 996
Earnings Per Share [Abstract]    
Basic earnings per average common share $ 0.66 $ 0.67
Diluted earnings per average common share $ 0.66 $ 0.67
PECO Energy Co    
Operating revenues    
Revenues from alternative revenue programs $ (2) $ (4)
Total operating revenues 1,054 1,112
Operating expenses    
Operating and maintenance 235 219
Depreciation and amortization 104 98
Taxes other than income taxes 51 50
Total operating expenses 851 902
Gain on sales of assets 2 0
Operating income 205 210
Other income and (deductions)    
Interest expense, net (52) (45)
Other, net 9 8
Total other income and (deductions) (46) (40)
Income (Loss) before income taxes 159 170
Income taxes 10 4
Net income 149 166
Related Party    
Other income and (deductions)    
Interest expense to affiliates (6) (6)
Related Party | PECO Energy Co    
Operating expenses    
Operating and maintenance from affiliates 58 51
Other income and (deductions)    
Interest expense to affiliates (3) (3)
Electricity, US Regulated    
Operating revenues    
Electric operating revenues 5,198 4,462
Operating expenses    
Purchased power and/or fuel 2,197 1,733
Electricity, US Regulated | PECO Energy Co    
Operating revenues    
Electric operating revenues 782 798
Operating expenses    
Purchased power and/or fuel 306 330
Natural Gas, US Regulated    
Operating revenues    
Electric operating revenues 739 822
Operating expenses    
Purchased power and/or fuel 213 358
Natural Gas, US Regulated | PECO Energy Co    
Operating revenues    
Electric operating revenues 272 316
Operating expenses    
Purchased power and/or fuel $ 97 $ 154
[1] The dilutive effects of stock-based compensation awards are calculated using the treasury stock method for all periods presented.