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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
The effective income tax rate from continuing operations varies from the U.S. Federal statutory rate principally due to the following:
 
 
 
 
 
 
 
Three Months Ended March 31, 2019
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
U.S. Federal statutory rate
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
Increase (decrease) due to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State income taxes, net of Federal income tax benefit
3.9
 
3.1
 
8.2
 
1.0
 
6.3
 
4.7
 
2.1
 
6.5
 
6.7
Qualified NDT fund income
7.2
 
14.2
 
—
 
—
 
—
 
—
 
—
 
—
 
—
Amortization of investment tax credit, including deferred taxes on basis difference
(0.5)
 
(0.9)
 
(0.2)
 
—
 
(0.1)
 
(0.2)
 
(0.1)
 
(0.2)
 
(0.3)
Plant basis differences
(1.4)
 
—
 
(0.5)
 
(6.7)
 
(0.9)
 
(1.7)
 
(2.0)
 
(0.7)
 
(2.3)
Production tax credits and other credits
(0.8)
 
(1.5)
 
—
 
—
 
—
 
—
 
—
 
—
 
—
Noncontrolling interests
(0.6)
 
(1.1)
 
—
 
—
 
—
 
—
 
—
 
—
 
—
Excess deferred tax amortization
(4.7)
 
—
 
(8.5)
 
(2.5)
 
(7.9)
 
(19.4)
 
(17.9)
 
(15.6)
 
(23.9)
Other
0.1
 
(0.5)
 
0.3
 
0.2
 
—
 
(0.3)
 
0.4
 
0.7
 
(1.2)
Effective income tax rate
24.2%
 
34.3%
 
20.3%
 
13.0%
 
18.4%
 
4.1%
 
3.5%
 
11.7%
 
—%
 
Three Months Ended March 31, 2018
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
U.S. Federal statutory rate
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
 
21.0%
Increase (decrease) due to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
State income taxes, net of Federal income tax benefit
4.1
 
2.4
 
8.2
 
(3.9)
 
6.3
 
4.6
 
1.7
 
6.3
 
6.6
Qualified NDT fund income
(0.4)
 
(1.3)
 
—
 
—
 
—
 
—
 
—
 
—
 
—
Amortization of investment tax credit, including deferred taxes on basis difference
(1.3)
 
(4.3)
 
(0.2)
 
(0.1)
 
(0.1)
 
(0.2)
 
(0.1)
 
(0.2)
 
(0.3)
Plant basis differences
(2.7)
 
—
 
0.1
 
(14.2)
 
(0.7)
 
(2.6)
 
(3.4)
 
(1.3)
 
(2.6)
Production tax credits and other credits
(2.8)
 
(9.5)
 
(0.1)
 
—
 
—
 
—
 
—
 
—
 
—
Noncontrolling interests
(0.7)
 
(2.5)
 
—
 
—
 
—
 
—
 
—
 
—
 
—
Excess deferred tax amortization
(6.0)
 
—
 
(7.5)
 
(4.8)
 
(8.6)
 
(10.6)
 
(12.8)
 
(7.9)
 
(8.7)
Other
(2.8)
 
(1.3)
 
0.3
 
0.2
 
—
 
—
 
(0.3)
 
0.5
 
(3.5)
Effective income tax rate
8.4%
 
4.5%
 
21.8%
 
(1.8)%
 
17.9%
 
12.2%
 
6.1%
 
18.4%
 
12.5%

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The Registrants have the following unrecognized tax benefits as of March 31, 2019 and December 31, 2018:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
March 31, 2019
$
448

 
$
411

 
$
—

 
$
—

 
$
—

 
$
45

 
$
—

 
$
—

 
$
14

 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
December 31, 2018
$
477

 
$
408

 
$
2

 
$
—

 
$
—

 
$
45

 
$
—

 
$
—

 
$
14