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Consolidated Statements of Cash Flows (Unaudited) - PECO - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income $ 1,813 $ 1,711
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion 2,683 2,616
Gain (Loss) on Sale of Assets and Asset Impairment Charges (12) 0
Deferred income taxes and amortization of investment tax credits 102 210
Other non-cash operating activities 441 (237)
Changes in assets and liabilities:    
Accounts receivable (489) 82
Inventories (57) (8)
Accounts payable and accrued expenses (309) (454)
Income taxes (18) 50
Regulatory assets and liabilities, net 194 (395)
Pension and non-pension postretirement benefit contributions (140) (97)
Other assets and liabilities (87) (24)
Net cash flows provided by operating activities 4,143 3,292
Cash flows from investing activities    
Capital expenditures (5,161) (5,540)
Other investing activities 9 25
Net cash flows used in investing activities (5,114) (5,515)
Cash flows from financing activities    
Changes in short-term borrowings (1,093) (1,116)
Issuance of long-term debt 4,975 5,300
Retirement of long-term debt (1,336) (1,209)
Dividends paid on common stock (1,142) (1,074)
Other financing activities (83) (101)
Net cash flows provided by financing activities 1,103 2,080
Decrease in cash, restricted cash, and cash equivalents 132 (143)
Cash, restricted cash, and cash equivalents at beginning of period 1,101 1,090
Cash, restricted cash, and cash equivalents at end of period 1,233 947
Supplemental cash flow information    
Increase (decrease) in capital expenditures not paid 6 (169)
PECO Energy Co    
Cash flows from operating activities    
Net income 356 410
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion 318 297
Gain (Loss) on Sale of Assets and Asset Impairment Charges (4) 0
Deferred income taxes and amortization of investment tax credits (27) (44)
Other non-cash operating activities 58 2
Changes in assets and liabilities:    
Accounts receivable (75) 135
Receivables from and payables to affiliates, net (2) (2)
Inventories (2) 35
Accounts payable and accrued expenses (65) (132)
Income taxes (55) 76
Regulatory assets and liabilities, net 17 1
Pension and non-pension postretirement benefit contributions (3) (1)
Other assets and liabilities (19) 0
Net cash flows provided by operating activities 497 777
Cash flows from investing activities    
Capital expenditures (1,125) (1,068)
Intercompany Money Pool Investments Contributions Exelon (89) (51)
Other investing activities 5 1
Net cash flows used in investing activities (1,209) (1,118)
Cash flows from financing activities    
Changes in short-term borrowings (165) (239)
Issuance of long-term debt 575 575
Retirement of long-term debt 0 (50)
Dividends paid on common stock (300) (303)
Contributions from parent 595 348
Other financing activities (7) (6)
Net cash flows provided by financing activities 698 325
Decrease in cash, restricted cash, and cash equivalents (14) (16)
Cash, restricted cash, and cash equivalents at beginning of period 51 68
Cash, restricted cash, and cash equivalents at end of period 37 52
Supplemental cash flow information    
Increase (decrease) in capital expenditures not paid $ 60 $ (22)