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Consolidated Balance Sheets - PECO - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 357 $ 445
Restricted cash and cash equivalents 541 482
Accounts receivable    
Customer accounts receivable 3,144 2,659
Customer allowance for credit losses (406) (317)
Customer accounts receivable, net 2,738 2,342
Other accounts receivable 1,123 1,101
Other allowance for credit losses (107) (82)
Other accounts receivable, net 1,016 1,019
Inventories, net    
Fossil fuel 72 94
Materials and supplies 781 707
Prepaid renewable energy credits 494 413
Regulatory assets 1,940 2,215
Other 445 370
Total current assets 8,384 8,087
Property, plant and equipment, net 78,182 73,593
Deferred debits and other assets    
Regulatory assets 8,710 8,698
Receivable related to Regulatory Agreement Units 4,026 3,232
Investments 290 251
Total deferred debits and other assets 21,218 20,176
Total assets 107,784 101,856
Current liabilities    
Short-term borrowings 1,859 2,523
Long-term debt due within one year 1,453 1,403
Accrued expenses 1,468 1,375
Customer deposits 446 411
Regulatory liabilities 411 389
Other 512 519
Total current liabilities 9,611 9,901
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 12,793 11,956
Regulatory liabilities 10,198 9,576
Asset retirement obligations 301 267
Non-pension postretirement benefit obligations 472 527
Other 2,282 2,088
Total deferred credits and other liabilities 27,915 26,118
Total liabilities 80,863 76,101
Commitments and contingencies
Shareholders’ equity    
Common stock 21,338 21,114
Retained earnings 6,426 5,490
Total shareholders’ equity 26,921 25,755
Total liabilities and member's equity 107,784 101,856
Related Party    
Current liabilities    
Accounts payable 5 5
Long-term debt to financing trust 390 390
Nonrelated Party    
Deferred debits and other assets    
Other 1,562 1,365
Current liabilities    
Accounts payable 2,994 2,846
Long-term debt 42,947 39,692
PECO Energy Co    
Current assets    
Cash and cash equivalents 48 42
Restricted cash and cash equivalents 0 9
Accounts receivable    
Customer accounts receivable 670 527
Customer allowance for credit losses (133) (95)
Customer accounts receivable, net 537 432
Other accounts receivable 145 117
Other allowance for credit losses (18) (8)
Other accounts receivable, net 127 109
Inventories, net    
Fossil fuel 37 50
Materials and supplies 79 67
Prepaid renewable energy credits 51 36
Regulatory assets 65 127
Other 29 29
Total current assets 973 903
Property, plant and equipment, net 14,392 13,128
Deferred debits and other assets    
Regulatory assets 1,003 793
Receivable related to Regulatory Agreement Units 247 278
Investments 41 35
Prepaid pension asset 435 429
Total deferred debits and other assets 1,758 1,564
Total assets 17,123 15,595
Current liabilities    
Short-term borrowings 192 165
Long-term debt due within one year 350 0
Accrued expenses 166 236
Customer deposits 80 79
Regulatory liabilities 122 92
Other 80 59
Total current liabilities 1,670 1,182
Long-term debt 5,354 5,134
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,433 2,321
Regulatory liabilities 253 314
Asset retirement obligations 27 26
Non-pension postretirement benefit obligations 287 286
Other 100 79
Total deferred credits and other liabilities 3,100 3,026
Total liabilities 10,308 9,526
Commitments and contingencies
Shareholders’ equity    
Common stock 4,645 4,050
Retained earnings 2,170 2,019
Total shareholders’ equity 6,815 6,069
Total liabilities and member's equity 17,123 15,595
PECO Energy Co | Related Party    
Accounts receivable    
Receivable from affiliates 0 2
Current liabilities    
Accounts payable 41 39
Long-term debt 184 184
Long-term debt to financing trust 184 184
PECO Energy Co | Nonrelated Party    
Deferred debits and other assets    
Other 32 29
Current liabilities    
Accounts payable 639 512
Long-term debt $ 5,354 $ 5,134