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Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Change in Contract with Customer, Asset and Liability
The following table provides a rollforward of the contract liabilities reflected in Exelon's, PHI's, Pepco's, DPL's, and ACE's Consolidated Balance Sheets for the three months ended March 31, 2024 and 2023. At March 31, 2024 and December 31, 2023, ComEd's, PECO's, and BGE's contract liabilities were immaterial.
Exelon(a)
PHI(a)
Pepco(a)
DPLACE
Balance at December 31, 2023$133 $133 $107 $13 $13 
Revenues recognized(2)(2)(2)— — 
Balance at March 31, 2024$131 $131 $105 $13 $13 
Exelon(a)
PHI(a)
Pepco(a)
DPLACE
Balance at December 31, 2022$101 $101 $81 $10 $10 
Revenues recognized(1)(1)(1)— — 
Balance at March 31, 2023$100 $100 $80 $10 $10 
__________
(a)Revenues recognized in the three months ended March 31, 2024 and 2023, were included in the contract liabilities at December 31, 2023 and 2022, respectively.
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
The following table shows the amounts of future revenues expected to be recorded in each year for performance obligations that are unsatisfied or partially unsatisfied as of March 31, 2024. This disclosure only includes contracts for which the total consideration is fixed and determinable at contract inception. The average contract term varies by customer type and commodity but ranges from one month to several years.
This disclosure excludes the Utility Registrants' gas and electric tariff sales contracts and transmission revenue contracts as they generally have an original expected duration of one year or less and, therefore, do not contain any future, unsatisfied performance obligations to be included in this disclosure.
YearExelonPHIPepcoDPLACE
2024$4 $4 $4 $— $— 
20257 7 5 1 1 
20266 6 5 1 — 
20275 5 5 — — 
2028 and thereafter109 109 86 11 12 
Total$131 $131 $105 $13 $13