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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2016
Mar. 23, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2016
Sep. 30, 2015
Gain (Loss) on Disposition of Assets [1]           $ (26)
Operating revenues [Abstract]            
Electrical Generation Revenue $ 4,535   $ 4,564   $ 12,243 14,278
Gas Domestic Regulated Revenue 137   116   781 904
Operating revenues from affiliates 1   2      
Regulated Operating Revenue 4,467   2,837   11,243 8,468
Electric Revenue 4,330   2,721   10,461 7,564
Revenues 9,002   7,401   23,486 22,746
Operating expenses            
Purchased power 2,584   2,515   6,599 7,789
Cost of Purchased Power 1,170   776   2,863 2,421
Operating and maintenance 2,338   1,996   7,677 6,119
Depreciation and amortization 1,195   606   2,821 1,818
Taxes other than income 449   310   1,168 908
Total operating expenses 7,736   6,203   21,128 19,055
Gain (Loss) on Sale of Assets and Asset Impairment Charges 1   2   41 10
Operating income 1,267   1,200   2,399 3,701
Other income and (deductions)            
Interest expense, net (506)   (243)   (1,148) (724)
Interest expense to affiliates (10)   (10)   (31) (31)
Other, net 120   (244)   377 (179)
Total other income and (deductions) (396)   (497)   (802) (934)
Income before income taxes 871   703   1,597 2,767
Income taxes 340   115   625 805
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions (5)   (1)   (16) (3)
Net income 526   587   956 1,959
Net income (loss) attributable to noncontrolling interests and preference stock dividends 36   (42)   26 0
Net income attributable to common shareholders 490   629   930 1,959
Other comprehensive income (loss), net of income taxes            
Prior service benefit reclassified to periodic benefit cost (12)   (11)   (35) (35)
Actuarial loss reclassified to periodic benefit cost 47   55   140 165
Other Comprehensive Income Pension And Non Pension Postretirement Benefit Plan Valuation Adjustment Net Of Tax 0   0   3 29
Unrealized gain (loss) on cash flow hedges 3   (3)   (4) 4
Other Comprehensive Income Unrealized Income Loss On Equity Investments Arising During Period Net Of Tax (4)   0   (10) 0
Unrealized loss on marketable securities 0   (1)   0 0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax 2   (8)   8 (17)
Other comprehensive income 36   32   96 88 [2]
Comprehensive income 562   619   1,052 2,047
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 31   (42)   21 0
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest $ 531   $ 661   $ 1,031 $ 2,047
Average shares of common stock outstanding:            
Weighted average common shares outstanding — basic 925   913   924 879
Average common shares outstanding — diluted 927   915   926 883
Earnings per average common share:            
Earnings per share - basic (in usd per share) $ 0.53   $ 0.69   $ 1.01 $ 2.23
Earnings per average common share - diluted            
Earnings per share - diluted (in usd per share) 0.53   0.69   1.00 2.22
Dividends per common share (in usd per share) $ 0.318   $ 0.31   $ 0.946 $ 0.93
PECO Energy Co [Member]            
Operating revenues [Abstract]            
Gas Domestic Regulated Revenue $ 48   $ 48   $ 322 $ 435
Operating revenues from affiliates 2   1   5 1
Electric Revenue 738   691   1,966 1,950
Revenues 788   740   2,293 2,386
Operating expenses            
Utilities Operating Expense, Purchased Power 171   207   466 584
Purchased power and fuel from affiliates 91   61   233 171
Utilities Operating Expense, Fuel Used 10   10   110 198
Operating and maintenance 168   166   501 529
Operating and maintenance from affiliates 31   30   103 80
Depreciation and amortization 67   68   201 198
Taxes other than income 46   44   126 125
Total operating expenses 584   586   1,740 1,885
Gain (Loss) on Disposition of Other Assets         0 1
Operating income 204   154   553 502
Other income and (deductions)            
Interest expense, net (27)   (25)   (83) (75)
Interest expense to affiliates (3)   (3)   (9) (9)
Other, net 2   1   6 3
Total other income and (deductions) (28)   (27)   (86) (81)
Income before income taxes 176   127   467 421
Income taxes 54   37   121 122
Net income 122   90   346 299
Other comprehensive income (loss), net of income taxes            
Other comprehensive income [2]           0
Comprehensive income 122   90   346 299
Exelon Generation Co L L C [Member]            
Gain (Loss) on Disposition of Assets           0
Operating revenues [Abstract]            
Electrical Generation Revenue 4,533   4,562   12,234 14,270
Operating revenues from affiliates 502   206   1,129 571
Revenues 5,035   4,768   13,363 14,841
Operating expenses            
Cost of Purchased Power 2,584   2,516   6,599 7,789
Purchased power and fuel from affiliates 5   3   10 11
Operating and maintenance 1,189   1,088   3,855 3,399
Operating and maintenance from affiliates 147   153   478 461
Depreciation and amortization 632   264   1,329 774
Taxes other than income 136   123   380 369
Total operating expenses 4,693   4,147   12,651 12,803
Gain (Loss) on Sale of Assets and Asset Impairment Charges 0   1   31 7
Operating income 342   622   743 2,045
Other income and (deductions)            
Interest expense, net (67)   (56)   (243) (236)
Interest expense to affiliates (10)   (12)   (30) (33)
Other, net 185   (257)   395 (193)
Total other income and (deductions) 108   (325)   122 (462)
Income before income taxes 450   297   865 1,583
Income taxes 173   (36)   293 371
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions (6)   (1)   (16) (4)
Net income 271   332   556 1,208
Net income (loss) attributable to noncontrolling interests 35   (45)   18 (10)
Net income attributable to membership interest 236   377   538 1,218
Other comprehensive income (loss), net of income taxes            
Unrealized gain (loss) on cash flow hedges 1   (3)   (3) (7)
Other Comprehensive Income Unrealized Income Loss On Equity Investments Arising During Period Net Of Tax 0   0   (4) 0
Unrealized loss on marketable securities 1   (2)   1 0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax 2   (8)   8 (17)
Other comprehensive income 4   (13)   2 (24) [2]
Comprehensive income 275   319   558 1,184
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest 245   364   545 1,194
Commonwealth Edison Co [Member]            
Operating revenues [Abstract]            
Operating revenues 1,493   1,375   4,019 3,706
Operating revenues from affiliates 4   1   12 3
Revenues 1,497   1,376   4,031 3,709
Operating expenses            
Cost of Purchased Power 435   388   1,104 974
Purchased power and fuel from affiliates 19   2   37 17
Operating and maintenance 327   353   950 1,023
Operating and maintenance from affiliates 50   51   163 143
Depreciation and amortization 196   176   574 528
Taxes other than income 82   79   222 225
Total operating expenses 1,109   1,049   3,050 2,910
Gain (Loss) on Sale of Assets and Asset Impairment Charges 1   0   6 0
Operating income 389   327   987 799
Other income and (deductions)            
Interest expense, net (194)   (80)   (364) (238)
Interest expense to affiliates (3)   (3)   (10) (10)
Other, net (80)   4   (72) 14
Total other income and (deductions) (277)   (79)   (446) (234)
Income before income taxes 112   248   541 565
Income taxes 75   99   244 226
Net income 37   149   297 339
Other comprehensive income (loss), net of income taxes            
Comprehensive income 37   149   297 339
Baltimore Gas and Electric Company [Member]            
Operating revenues [Abstract]            
Gas Domestic Regulated Revenue 72   66   412 468
Operating revenues from affiliates 7   3   16 10
Electric Revenue 733   656   1,993 1,910
Revenues 812   725   2,421 2,388
Operating expenses            
Utilities Operating Expense, Purchased Power 164   159   399 497
Purchased power and fuel from affiliates 182   141   486 373
Utilities Operating Expense, Fuel Used 14   11   109 167
Operating and maintenance 150   138   494 412
Operating and maintenance from affiliates 28   31   94 87
Depreciation and amortization 101   79   307 271
Taxes other than income 58   57   172 169
Total operating expenses 697   616   2,061 1,976
Gain (Loss) on Sale of Assets and Asset Impairment Charges     1     1
Operating income 115   110   360 413
Other income and (deductions)            
Interest expense, net (24)   (21)   (64) (62)
Interest expense to affiliates (4)   (4)   (12) (11)
Other, net 5   4   16 13
Total other income and (deductions) (23)   (21)   (60) (60)
Income before income taxes 92   89   300 353
Income taxes 36   35   109 141
Net income 56   54   191 212
Preferred security dividends and redemption 2   3   8 10
Net income attributable to common shareholders 54   51   183 202
Other comprehensive income (loss), net of income taxes            
Comprehensive income 56   54   191 212
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 2   3   8 10
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest 54   51   183 202
Pepco Holdings LLC [Member] | Predecessor [Member]            
Operating revenues [Abstract]            
Gas Domestic Regulated Revenue   $ 57 19     129
Operating revenues from affiliates   0 0     0
Electric Revenue   1,096 1,317     3,680
Revenues   1,153 1,336     3,809
Operating expenses            
Cost of Purchased Power   471 570     1,575
Purchased power and fuel from affiliates   0 0     0
Utilities Operating Expense, Fuel Used   26 9     71
Operating and maintenance   294 287     875
Operating and maintenance from affiliates   0 0     0
Depreciation and amortization   152 166     474
Taxes other than income   105 120     349
Total operating expenses   1,048 1,152     3,344
Operating income   105 184     465
Other income and (deductions)            
Interest expense, net   (65) (71)     (211)
Other, net   (4) 27     48
Total other income and (deductions)   (69) (44)     (163)
Income before income taxes   36 140     302
Income taxes   17 49     105
Net income   19 91     197
Other comprehensive income (loss), net of income taxes            
Actuarial loss reclassified to periodic benefit cost   1 0     4
Unrealized gain (loss) on cash flow hedges     1     1
Other comprehensive income   1 1     5
Comprehensive income   $ 20 92     202
Pepco Holdings LLC [Member] | Successor [Member]            
Operating revenues [Abstract]            
Gas Domestic Regulated Revenue 17     $ 46    
Operating revenues from affiliates 11     34    
Electric Revenue 1,366     2,485    
Revenues 1,394     2,565    
Operating expenses            
Cost of Purchased Power 370     658    
Purchased power and fuel from affiliates 207     362    
Utilities Operating Expense, Fuel Used 6     17    
Operating and maintenance 200     870    
Operating and maintenance from affiliates 26     51    
Depreciation and amortization 182     355    
Taxes other than income 124     248    
Total operating expenses 1,115     2,561    
Operating income 279     4    
Other income and (deductions)            
Interest expense, net (64)     (135)    
Other, net 19     31    
Total other income and (deductions) (45)     (104)    
Income before income taxes 234     (100)    
Income taxes 68     (9)    
Net income 166     (91)    
Other comprehensive income (loss), net of income taxes            
Actuarial loss reclassified to periodic benefit cost 0     0    
Other comprehensive income 0     0    
Comprehensive income 166     $ (91)    
Potomac Electric Power Company [Member]            
Gain (Loss) on Disposition of Assets 0       8  
Operating revenues [Abstract]            
Operating revenues from affiliates 1   1   3 4
Electric Revenue 634   591   1,692 1,637
Revenues 635   592   1,695 1,641
Operating expenses            
Cost of Purchased Power 84   200   340 573
Purchased power and fuel from affiliates 129   0   223 0
Operating and maintenance 100   110   488 324
Operating and maintenance from affiliates 9   1   20 3
Depreciation and amortization 76   66   221 191
Taxes other than income 105   100   287 289
Total operating expenses 503   477   1,579 1,380
Operating income 132   115   124 261
Other income and (deductions)            
Interest expense, net (30)   (31)   (98) (92)
Other, net 12   8   28 21
Total other income and (deductions) (18)   (23)   (70) (71)
Income before income taxes 114   92   54 190
Income taxes 35   32   34 62
Net income 79   60   20 128
Other comprehensive income (loss), net of income taxes            
Comprehensive income 79   60   20 128
Delmarva Power and Light Company [Member]            
Gain (Loss) on Disposition of Assets 4   0   4 0
Operating revenues [Abstract]            
Gas Domestic Regulated Revenue 17   19   102 129
Operating revenues from affiliates 2   1   6 4
Electric Revenue 312   294   866 871
Revenues 331   314   974 1,004
Operating expenses            
Utilities Operating Expense, Purchased Power 81   143   297 435
Purchased power and fuel from affiliates 63   0   110 0
Utilities Operating Expense, Fuel Used 6   8   41 65
Operating and maintenance 50   77   327 233
Operating and maintenance from affiliates 5   0   11 1
Depreciation and amortization 44   40   120 113
Taxes other than income 14   14   42 39
Total operating expenses 263   282   948 886
Operating income 72   32   30 118
Other income and (deductions)            
Interest expense, net (12)   (12)   (37) (37)
Other, net 3   4   9 8
Total other income and (deductions) (9)   (8)   (28) (29)
Income before income taxes 63   24   2 89
Income taxes 19   9   18 34
Net income 44   15   (16) 55
Other comprehensive income (loss), net of income taxes            
Comprehensive income 44   15   (16) 55
Atlantic City Electric Company [Member]            
Gain (Loss) on Disposition of Assets 0       1  
Operating revenues [Abstract]            
Operating revenues from affiliates 1   1   3 2
Electric Revenue 420   385   979 1,001
Revenues 421   386   982 1,003
Operating expenses            
Cost of Purchased Power 206   214   491 552
Purchased power and fuel from affiliates 15   0   29 0
Operating and maintenance 62   69   336 205
Operating and maintenance from affiliates 5   1   10 2
Depreciation and amortization 49   49   130 135
Taxes other than income 1   2   6 5
Total operating expenses 338   335   1,002 899
Operating income 83   51   (19) 104
Other income and (deductions)            
Interest expense, net (15)   (16)   (47) (48)
Other, net 2   1   8 4
Total other income and (deductions) (13)   (15)   (39) (44)
Income before income taxes 70   36   (58) 60
Income taxes 23   14   (8) 23
Net income 47   22   (50) 37
Other comprehensive income (loss), net of income taxes            
Comprehensive income $ 47   $ 22   $ (50) $ 37
[1] In January 2015, in connection with Generation's $750 million issuance of five-year Senior Unsecured Notes, Exelon terminated certain floating-to-fixed interest rate swaps. As the original forecasted transactions were a series of future interest payments over a ten year period, a portion of the anticipated interest payments were probable not to occur. As a result, $26 million of anticipated payments were reclassified from AOCI to Other, net in Exelon's Consolidated Statement of Operations and Comprehensive Income.
[2] All amounts are net of tax and noncontrolling interest. Amounts in parenthesis represent a decrease in AOCI.