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Supplemental Financial Information (Tables)
 9 Months Ended
Sep. 30, 2024
Supplemental Financial Information [Abstract]  
Taxes Other Than Income Taxes
The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Operations and Comprehensive Income:
Taxes other than income taxes
ExelonComEdPECOBGEPHIPepcoDPLACE
Three Months Ended September 30, 2024
Utility taxes(a)
$248 $80 $51 $25 $92 $84 $7 $1 
Property111 7 5 57 41 28 12 1 
Payroll33 9 4 5 7 2 1 — 
Three Months Ended September 30, 2023
Utility taxes(a)
$244 $82 $50 $23 $89 $82 $6 $1 
Property104 9 4 53 38 25 12 1 
Payroll31 8 4 5 7 2 1 1 
Nine Months Ended September 30, 2024
Utility taxes(a)
$695 $229 $134 $78 $254 $230 $21 $3 
Property323 25 14 164 119 81 35 2 
Payroll100 27 13 14 22 6 3 2 
Nine Months Ended September 30, 2023
Utility taxes(a)
$665 $228 $128 $73 $236 $213 $20 $3 
Property300 27 12 153 108 73 34 1 
Payroll93 22 13 14 22 5 3 3 
_________
(a)The Registrants' utility taxes represent municipal and state utility taxes and gross receipts taxes related to their operating revenues. The offsetting collection of utility taxes from customers is recorded in revenues in the Registrants’ Consolidated Statements of Operations and Comprehensive Income.
Schedule of Other Nonoperating Income, by Component
Other, net
ExelonComEdPECOBGE PHIPepcoDPLACE
Three Months Ended September 30, 2024
AFUDC — Equity$38 $13 $7 $5 $12 $8 $3 $1 
Non-service net periodic benefit cost(13)— — — — — — — 
Three Months Ended September 30, 2023
AFUDC — Equity$40 $7 $10 $4 $19 $15 $3 $1 
Non-service net periodic benefit cost(18)— — — — — — — 
Nine Months Ended September 30, 2024
AFUDC — Equity$116 $32 $24 $18 $42 $32 $9 $1 
Non-service net periodic benefit cost(29)— — — — — — — 
Nine Months Ended September 30, 2023
AFUDC — Equity$113 $25 $22 $11 $55 $42 $7 $6 
Non-service net periodic benefit cost(18)— — — — — — — 
Schedule of Cash Flow, Supplemental Disclosures
The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Cash Flows.
Depreciation, amortization, and accretion
ExelonComEdPECOBGEPHIPepcoDPLACE
Nine Months Ended September 30, 2024
Property, plant, and equipment(a)
$2,168 $869 $308 $369 $581 $249 $162 $158 
Amortization of regulatory assets and liabilities, net(a)
507 255 10 105 135 58 21 56 
Amortization of intangible assets, net(a)
6 — — — — — — — 
ARO accretion(b)
2 — — — — — — — 
Total depreciation, amortization and accretion$2,683 $1,124 $318 $474 $716 $307 $183 $214 
Nine Months Ended September 30, 2023
Property, plant, and equipment(a)
$2,073 $815 $287 $381 $550 $232 $155 $145 
Amortization of regulatory assets and liabilities, net(a)
537 230 10 106 191 97 27 67 
Amortization of intangible assets, net(a)
6 — — — — — — — 
ARO accretion(b)
— — — — — — — — 
Total depreciation and amortization$2,616 $1,045 $297 $487 $741 $329 $182 $212 
__________
(a)Included in Depreciation and amortization expense in the Registrants' Consolidated Statements of Operations and Comprehensive Income.
(b)Included in Operating and maintenance expense in Exelon's Consolidated Statements of Operations and Comprehensive Income.
Other non-cash operating activities
ExelonComEdPECOBGEPHIPepcoDPLACE
Nine Months Ended September 30, 2024
Pension and OPEB costs (benefit)$181 $53 $(1)$45 $71 $24 $11 $10 
Allowance for credit losses170 17 79 23 51 25 7 19 
True-up adjustments to decoupling mechanisms and formula rates(a)
49 100 (3)(28)(20)(42)7 15 
Amortization of operating ROU asset28 — — 5 19 4 6 2 
AFUDC — Equity(116)(32)(24)(18)(42)(32)(9)(1)
Nine Months Ended September 30, 2023
Pension and OPEB costs (benefit)$152 $19 $(10)$41 $74 $26 $13 $10 
Allowance for credit losses86 4 31 4 47 27 9 11 
True-up adjustments to decoupling mechanisms and formula rates(a)
(522)(405)(1)(47)(69)(28)(15)(26)
Amortization of operating ROU asset29 2 — 4 21 5 6 2 
Change in environmental liabilities37 — — — 37 37 — — 
AFUDC — Equity(113)(25)(22)(11)(55)(42)(7)(6)
__________
(a)For ComEd, reflects the true-up adjustments in Regulatory assets and liabilities associated with its distribution, energy efficiency, distributed generation, and transmission formula rates. For PECO, reflects the change in Regulatory assets and liabilities associated with its transmission formula rates. For BGE, Pepco, DPL, and ACE, reflects the change in Regulatory assets and liabilities associated with their decoupling mechanisms and transmission formula rates. See Note 3 — Regulatory Matters of the 2023 Form 10-K for additional information.
The following tables provide a reconciliation of cash, cash equivalents, and restricted cash reported within the Registrants’ Consolidated Balance Sheets that sum to the total of the same amounts in their Consolidated Statements of Cash Flows.
Cash, cash equivalents, and restricted cash
ExelonComEdPECOBGEPHIPepcoDPLACE
Balance at September 30, 2024
Cash and cash equivalents$616 $109 $28 $330 $100 $20 $8 $17 
Restricted cash and cash equivalents552 481 9 — 22 20 2 — 
Restricted cash included in Other deferred debits and other assets65 65 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,233 $655 $37 $330 $122 $40 $10 $17 
Balance at December 31, 2023
Cash and cash equivalents$445 $110 $42 $47 $180 $48 $16 $21 
Restricted cash and cash equivalents482 402 9 1 24 24 — — 
Restricted cash included in Other deferred debits and other assets174 174 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,101 $686 $51 $48 $204 $72 $16 $21 
Balance at September 30, 2023
Cash and cash equivalents$300 $79 $43 $15 $121 $31 $5 $14 
Restricted cash and cash equivalents435 360 9 1 25 25 1 — 
Restricted cash included in Other deferred debits and other assets212 212 — — — — — — 
Total cash, restricted cash, and cash equivalents$947 $651 $52 $16 $146 $56 $6 $14 
Balance at December 31, 2022
Cash and cash equivalents$407 $67 $59 $43 $198 $45 $31 $72 
Restricted cash and cash equivalents566 327 9 24 175 54 121 — 
Restricted cash included in Other deferred debits and other assets117 117 — — — — — — 
Total cash, restricted cash, and cash equivalents$1,090 $511 $68 $67 $373 $99 $152 $72 
For additional information on restricted cash see Note 1 — Significant Accounting Policies of the 2023 Form 10-K.
Consolidated Balance Sheet
The following table provides additional information about material items recorded in the Registrants' Consolidated Balance Sheets.
Accrued expenses
ExelonComEdPECOBGEPHIPepcoDPLACE
Balance at September 30, 2024
Compensation-related accruals(a)
$546 $165 $68 $70 $100 $28 $19 $12 
Taxes accrued203 89 19 28 101 89 15 5 
Interest accrued431 92 55 74 85 38 27 18 
Balance at December 31, 2023
Compensation-related accruals(a)
$661 $206 $87 $81 $107 $27 $17 $12 
Taxes accrued221 204 96 75 137 116 30 10 
Interest accrued414 148 49 44 72 38 13 15 
__________
(a)Primarily includes accrued payroll, bonuses and other incentives, vacation, and benefits.