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Consolidated Statements of Cash Flows (Unaudited) - PECO - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net income $ 908 $ 658
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion 905 880
Loss (gain) on sales of assets 1 (2)
Deferred income taxes and amortization of investment tax credits 121 46
Other non-cash operating activities 344 39
Changes in assets and liabilities:    
Accounts receivable (402) (309)
Inventories 17 12
Accounts payable and accrued expenses (397) (238)
Collateral received, net 44 7
Income taxes 59 21
Regulatory assets and liabilities, net 86 252
Pension and non-pension postretirement benefit contributions (292) (111)
Other assets and liabilities (195) (264)
Net cash flows provided by operating activities 1,200 992
Cash flows from investing activities    
Capital expenditures (1,946) (1,767)
Other investing activities 4 (2)
Net cash flows used in investing activities (1,942) (1,767)
Cash flows from financing activities    
Changes in short-term borrowings (775) (317)
Issuance of long-term debt 2,425 2,625
Retirement of long-term debt 0 (901)
Dividends paid on common stock (403) (381)
Other financing activities (35) (55)
Net cash flows provided by financing activities 1,385 982
Increase in cash, restricted cash, and cash equivalents 643 207
Cash, restricted cash, and cash equivalents at beginning of period 939 1,101
Cash, restricted cash, and cash equivalents at end of period 1,582 1,308
Supplemental cash flow information    
Decrease in capital expenditures not paid (216) (117)
PECO Energy Co    
Cash flows from operating activities    
Net income 266 149
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization, and accretion 109 104
Loss (gain) on sales of assets 0 (2)
Deferred income taxes and amortization of investment tax credits (18) (8)
Other non-cash operating activities 54 20
Changes in assets and liabilities:    
Accounts receivable (148) (75)
Receivables from and payables to affiliates, net (4) 4
Inventories 15 19
Accounts payable and accrued expenses (25) (63)
Collateral received, net 12 0
Income taxes 32 19
Regulatory assets and liabilities, net 27 (20)
Pension and non-pension postretirement benefit contributions (9) (2)
Other assets and liabilities (117) (104)
Net cash flows provided by operating activities 194 41
Cash flows from investing activities    
Capital expenditures (424) (361)
Other investing activities 2 2
Net cash flows used in investing activities (422) (359)
Cash flows from financing activities    
Changes in short-term borrowings (192) (165)
Dividends paid on common stock (137) (100)
Contributions from parent 563 580
Net cash flows provided by financing activities 234 315
Increase in cash, restricted cash, and cash equivalents 6 (3)
Cash, restricted cash, and cash equivalents at beginning of period 48 51
Cash, restricted cash, and cash equivalents at end of period 54 48
Supplemental cash flow information    
Decrease in capital expenditures not paid $ (20) $ 5