v3.25.2
Consolidated Balance Sheets (Unaudited) - PECO - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 724 $ 357
Restricted cash and cash equivalents 478 541
Accounts receivable    
Customer accounts receivable 3,529 3,144
Customer allowance for credit losses (465) (406)
Customer accounts receivable, net 3,064 2,738
Other accounts receivable 1,156 1,123
Other allowance for credit losses (107) (107)
Other accounts receivable, net 1,049 1,016
Inventories, net    
Fossil fuel 59 72
Materials and supplies 809 781
Prepaid renewable energy credits 349 494
Regulatory assets 1,668 1,940
Other 476 445
Total current assets 8,676 8,384
Property, plant and equipment, net 80,609 78,182
Deferred debits and other assets    
Regulatory assets 8,835 8,710
Receivable related to Regulatory Agreement Units 4,411 4,026
Investments 297 290
Other 1,689 1,562
Total deferred debits and other assets 21,862 21,218
Total assets 111,147 107,784
Current liabilities    
Short-term borrowings 1,109 1,859
Long-term debt due within one year 1,818 1,453
Accrued expenses 1,318 1,468
Customer deposits 486 446
Renewable energy credit obligations 327 429
Regulatory liabilities 485 411
Other 536 512
Total current liabilities 9,156 9,611
Long-term debt 45,527 42,947
Long-term debt to financing trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 13,221 12,793
Regulatory liabilities 10,644 10,198
Asset retirement obligations 308 301
Non-pension postretirement benefit obligations 486 472
Other 2,180 2,282
Total deferred credits and other liabilities 28,454 27,915
Total liabilities 83,527 80,863
Commitments and contingencies
Shareholders’ equity    
Common stock 21,544 21,338
Retained earnings 6,917 6,426
Total shareholders’ equity 27,620 26,921
Total liabilities and shareholders’ equity 111,147 107,784
Related Party    
Current liabilities    
Accounts payable 5 5
Long-term debt to financing trusts 390 390
Nonrelated Party    
Current liabilities    
Accounts payable 3,043 2,994
PECO Energy Co    
Current assets    
Cash and cash equivalents 25 48
Restricted cash and cash equivalents 0 0
Accounts receivable    
Customer accounts receivable 742 670
Customer allowance for credit losses (154) (133)
Customer accounts receivable, net 588 537
Other accounts receivable 156 145
Other allowance for credit losses (19) (18)
Other accounts receivable, net 137 127
Inventories, net    
Fossil fuel 27 37
Materials and supplies 84 79
Prepaid utility taxes 75 2
Prepaid renewable energy credits 49 51
Regulatory assets 62 65
Other 66 27
Total current assets 1,113 973
Property, plant and equipment, net 15,110 14,392
Deferred debits and other assets    
Regulatory assets 1,108 1,003
Receivable related to Regulatory Agreement Units 379 247
Investments 40 41
Prepaid pension asset 442 435
Total deferred debits and other assets 2,007 1,758
Total assets 18,230 17,123
Current liabilities    
Short-term borrowings 203 192
Long-term debt due within one year 350 350
Accrued expenses 146 166
Customer deposits 90 80
Renewable energy credit obligations 96 52
Regulatory liabilities 146 122
Total current liabilities 1,885 1,670
Long-term debt 5,355 5,354
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,511 2,433
Regulatory liabilities 385 253
Asset retirement obligations 28 27
Non-pension postretirement benefit obligations 288 287
Other 87 100
Total deferred credits and other liabilities 3,299 3,100
Total liabilities 10,723 10,308
Commitments and contingencies
Shareholders’ equity    
Common stock 5,208 4,645
Retained earnings 2,299 2,170
Total shareholders’ equity 7,507 6,815
Total liabilities and shareholders’ equity 18,230 17,123
PECO Energy Co | Related Party    
Accounts receivable    
Receivables from affiliates 0 0
Current liabilities    
Accounts payable 45 41
Long-term debt to financing trusts 184 184
PECO Energy Co | Nonrelated Party    
Deferred debits and other assets    
Other 38 32
Current liabilities    
Accounts payable 769 639
Other $ 40 $ 28