XML 133 R88.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Taxes - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2009
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00% 21.00% 35.00%  
BonusDepreciationPercentage           50.00%  
AllowableExpensingForCostOfQualifiedProperty         30.00%    
LimitationonDeductibleInterestExpense     100.00%        
Regulatory Liabilities   $ 10,246 $ 10,388     $ 10,388  
Unrecognized Tax Benefits   733 743     743  
Like kind exchange [Member]              
Income Tax Additional Narrative Information [Line Items]              
Deferred Gain on Sale of Property             $ 1,200
Decrease in Unrecognized Tax Benefits is Reasonably Possible   33          
IRS asserted penalties for understatement of tax   $ 90          
Exelon Generation Co L L C [Member]              
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00%      
Unrecognized Tax Benefits   $ 464 468     468  
Commonwealth Edison Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00%      
Regulatory Liabilities   $ 6,424 6,577     6,577  
Unrecognized Tax Benefits   2 2     2  
Commonwealth Edison Co [Member] | Like kind exchange [Member]              
Income Tax Additional Narrative Information [Line Items]              
Decrease in Unrecognized Tax Benefits is Reasonably Possible   $ 2          
PECO Energy Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00%      
Regulatory Liabilities   $ 646 690     690  
Unrecognized Tax Benefits   $ 0 0     0  
Baltimore Gas and Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00%      
Regulatory Liabilities   $ 1,185 1,163     1,163  
Unrecognized Tax Benefits   $ 120 120     120  
Pepco Holdings LLC [Member]              
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00%      
Regulatory Liabilities   $ 1,965 1,928     1,928  
Unrecognized Tax Benefits   $ 125 125     125  
Potomac Electric Power Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00%      
Regulatory Liabilities   $ 845 832     832  
Unrecognized Tax Benefits   $ 59 59     59  
Delmarva Power and Light Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00%      
Regulatory Liabilities   $ 646 635     635  
Unrecognized Tax Benefits   $ 21 21     21  
Atlantic City Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00%   35.00%      
Regulatory Liabilities   $ 437 422     422  
Unrecognized Tax Benefits   14 14     14  
State and Local Jurisdiction [Member]              
Income Tax Additional Narrative Information [Line Items]              
Unrecognized tax benefits that if recognized would affect the effective tax rate   0          
Decrease in Unrecognized Tax Benefits is Reasonably Possible   679          
Increase (Decrease) in Other Deferred Liability $ 17            
State and Local Jurisdiction [Member] | Exelon Generation Co L L C [Member]              
Income Tax Additional Narrative Information [Line Items]              
Unrecognized tax benefits that if recognized would affect the effective tax rate   458          
Decrease in Unrecognized Tax Benefits is Reasonably Possible   465          
State and Local Jurisdiction [Member] | Exelon Generation Co L L C [Member] | Subsequent Event [Member]              
Income Tax Additional Narrative Information [Line Items]              
Increase (Decrease) in Other Deferred Liability 5            
State and Local Jurisdiction [Member] | Commonwealth Edison Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Deferred Tax Assets, State Taxes   272          
State and Local Jurisdiction [Member] | Baltimore Gas and Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Decrease in Unrecognized Tax Benefits is Reasonably Possible   120          
State and Local Jurisdiction [Member] | Pepco Holdings LLC [Member] | Subsequent Event [Member]              
Income Tax Additional Narrative Information [Line Items]              
Increase (Decrease) in Other Deferred Liability 18            
State and Local Jurisdiction [Member] | Pepco Holdings LLC [Member] | Successor [Member]              
Income Tax Additional Narrative Information [Line Items]              
Deferred Tax Assets, State Taxes       $ 8      
Decrease in Unrecognized Tax Benefits is Reasonably Possible   94          
State and Local Jurisdiction [Member] | Potomac Electric Power Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Deferred Tax Assets, State Taxes       $ 8      
Decrease in Unrecognized Tax Benefits is Reasonably Possible   59          
State and Local Jurisdiction [Member] | Potomac Electric Power Company [Member] | Subsequent Event [Member]              
Income Tax Additional Narrative Information [Line Items]              
Increase (Decrease) in Other Deferred Liability 17            
State and Local Jurisdiction [Member] | Delmarva Power and Light Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Decrease in Unrecognized Tax Benefits is Reasonably Possible   21          
Increase (Decrease) in Other Deferred Liability $ 1            
State and Local Jurisdiction [Member] | Atlantic City Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Decrease in Unrecognized Tax Benefits is Reasonably Possible   14          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [1]   7,315          
Increase (Decrease) in Other Deferred Liability [2]   8,624          
Deferred Income Tax Expense (Benefit) [2]   1,309          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member] | Exelon Generation Co L L C [Member]              
Income Tax Additional Narrative Information [Line Items]              
Increase (Decrease) in Other Deferred Liability   1,895          
Deferred Income Tax Expense (Benefit)   1,895          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member] | Commonwealth Edison Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [1]   2,818          
Increase (Decrease) in Other Deferred Liability   2,819          
Deferred Income Tax Expense (Benefit)   1          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member] | PECO Energy Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [1],[3]   1,394          
Increase (Decrease) in Other Deferred Liability   1,407          
Deferred Income Tax Expense (Benefit)   13          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member] | Baltimore Gas and Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [1]   1,124          
Increase (Decrease) in Other Deferred Liability   1,120          
Deferred Income Tax Expense (Benefit)   (4)          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member] | Pepco Holdings LLC [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [1]   1,979          
Increase (Decrease) in Other Deferred Liability   1,944          
Deferred Income Tax Expense (Benefit)   (35)          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member] | Potomac Electric Power Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [1]   976          
Increase (Decrease) in Other Deferred Liability   968          
Deferred Income Tax Expense (Benefit)   (8)          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member] | Delmarva Power and Light Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [1]   545          
Increase (Decrease) in Other Deferred Liability   540          
Deferred Income Tax Expense (Benefit)   (5)          
RemeasurementOfDeferredIncomeTaxesDueToTaxReform [Member] | Atlantic City Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [1]   458          
Increase (Decrease) in Other Deferred Liability   456          
Deferred Income Tax Expense (Benefit)   $ (2)          
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToIRSNormalizationRules [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     3,040     3,040  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToIRSNormalizationRules [Member] | Commonwealth Edison Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     1,400     1,400  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToIRSNormalizationRules [Member] | PECO Energy Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [4]     533     533  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToIRSNormalizationRules [Member] | Baltimore Gas and Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     459     459  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToIRSNormalizationRules [Member] | Pepco Holdings LLC [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     648     648  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToIRSNormalizationRules [Member] | Potomac Electric Power Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     299     299  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToIRSNormalizationRules [Member] | Delmarva Power and Light Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     195     195  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToIRSNormalizationRules [Member] | Atlantic City Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     153     153  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToRateRegulatorDeterminations [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     1,694     1,694  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToRateRegulatorDeterminations [Member] | Commonwealth Edison Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [4]     573     573  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToRateRegulatorDeterminations [Member] | PECO Energy Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [4]     43     43  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToRateRegulatorDeterminations [Member] | Baltimore Gas and Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     324     324  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToRateRegulatorDeterminations [Member] | Pepco Holdings LLC [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     754     754  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToRateRegulatorDeterminations [Member] | Potomac Electric Power Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     391     391  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToRateRegulatorDeterminations [Member] | Delmarva Power and Light Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     194     194  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomersSubjectToRateRegulatorDeterminations [Member] | Atlantic City Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     170     170  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomers [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     4,734     4,734  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomers [Member] | Commonwealth Edison Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     1,973     1,973  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomers [Member] | PECO Energy Co [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities [4]     576     576  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomers [Member] | Baltimore Gas and Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     783     783  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomers [Member] | Pepco Holdings LLC [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     1,402     1,402  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomers [Member] | Potomac Electric Power Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     690     690  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomers [Member] | Delmarva Power and Light Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     389     389  
NetRegulatoryLiabilitiesAssociatedWithUltimateSettlementToCustomers [Member] | Atlantic City Electric Company [Member]              
Income Tax Additional Narrative Information [Line Items]              
Regulatory Liabilities     $ 323     $ 323  
[1] Reflects the net regulatory liabilities recorded on a pre-tax basis before taking into consideration the income tax benefits associated with the ultimate settlement with customers.
[2] Amounts do not sum across due to deferred tax adjustments recorded at the Exelon Corporation parent company, primarily related to certain employee compensation plans.
[3] Given the regulatory treatment of income tax benefits related to electric and gas distribution repairs, PECO remains in an overall net regulatory asset position as of December 31, 2017 after recording the impacts related to the TCJA. Refer to Note 3 - Regulatory Matters for additional information.
[4] Given the regulatory treatment of income tax benefits related to electric and gas distribution repairs, PECO remains in an overall net regulatory asset position as of December 31, 2017 after recording the impacts related to the TCJA. As a result, the amount of customer benefits resulting from the TCJA subject to the discretion of PECO's rate regulators are lower relative to the other Utility Registrants. Refer to Note 3 - Regulatory Matters for additional information.