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Debt and Credit Agreements (All Registrants) (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Commercial Paper Borrowings
The following table reflects the Registrants' commercial paper programs supported by the revolving credit agreements at September 30, 2024 and December 31, 2023.
Outstanding Commercial
Paper at		Average Interest Rate on
Commercial Paper Borrowings at
Commercial Paper IssuerSeptember 30, 2024December 31, 2023September 30, 2024December 31, 2023
Exelon(a)
$531 $1,624 4.94 %5.58 %
ComEd$73 $202 4.90 %5.53 %
PECO$— $165 — %5.57 %
BGE$— $336 — %5.59 %
PHI(b)
$218 $394 4.94 %5.60 %
Pepco$49 $132 4.93 %5.59 %
DPL$— $63 — %5.60 %
ACE$169 $199 4.94 %5.60 %
__________
(a)Exelon Corporate had $240 million and $527 million in outstanding commercial paper borrowings at September 30, 2024 and December 31, 2023, respectively.
(b)Represents the consolidated amounts of Pepco, DPL, and ACE.
Schedule of Revolving Credit Agreements
On August 29, 2024, Exelon Corporate and each of the Utility Registrants amended and restated their respective syndicated revolving credit facility, extending the maturity date to August 29, 2029. The following table reflects the credit agreements:
BorrowerAggregate Bank CommitmentInterest Rate
Exelon Corporate$900 SOFR plus 1.275 %
ComEd$1,000 SOFR plus 1.000 %
PECO$600 SOFR plus 0.900 %
BGE$600 SOFR plus 0.900 %
Pepco$300 SOFR plus 1.075 %
DPL$300 SOFR plus 1.000 %
ACE$300 SOFR plus 1.000 %
Schedule of Long-term Debt Instruments
During the nine months ended September 30, 2024, the following long-term debt was issued:
CompanyTypeInterest RateMaturityAmountUse of Proceeds
ExelonNotes5.15%March 15, 2029$650Repay Exelon SMBC Term Loan, outstanding commercial paper, and for general corporate purposes.
ExelonNotes5.45%March 15, 2034$650Repay Exelon SMBC Term Loan, outstanding commercial paper, and for general corporate purposes.
ExelonNotes5.60%March 15, 2053$400Repay Exelon SMBC Term Loan, outstanding commercial paper, and for general corporate purposes.
ComEdFirst Mortgage Bonds5.30%June 1, 2034$400Repay existing indebtedness, repay outstanding commercial paper obligations, and to fund other general corporate purposes.
ComEdFirst Mortgage Bonds5.65%June 1, 2054$400Repay existing indebtedness, repay outstanding commercial paper obligations, and to fund other general corporate purposes.
PECOFirst Mortgage Bonds5.25%September 15, 2054$575Refinance outstanding commercial paper and for general corporate purposes
BGENotes5.30%June 1, 2034$400Repay outstanding commercial paper obligations and for general corporate purposes
BGENotes5.65%June 1, 2054$400Repay outstanding commercial paper obligations and for general corporate purposes
PepcoFirst Mortgage Bonds5.20%March 15, 2034$375Refinance existing indebtedness, refinance outstanding commercial paper obligations, and for general corporate purposes.
PepcoFirst Mortgage Bonds5.50%March 15, 2054$300Refinance existing indebtedness, refinance outstanding commercial paper obligations, and for general corporate purposes.
DPLFirst Mortgage Bonds5.24%March 20, 2034$100Repay existing indebtedness and for general corporate purposes.
DPLFirst Mortgage Bonds5.55%March 20, 2054$75Repay existing indebtedness and for general corporate purposes.
ACEFirst Mortgage Bonds5.55%March 20, 2054$75Repay existing indebtedness and for general corporate purposes.
ACEFirst Mortgage Bonds5.29%August 28, 2034$75Repay existing indebtedness and for general corporate purposes.
ACEFirst Mortgage Bonds5.49%August 28, 2039$100Repay existing indebtedness and for general corporate purposes.