Supplemental Financial Information (All Registrants)

6 Months Ended

Jun. 30, 2025

Supplemental Financial Information [Abstract]

Supplemental Financial Information (All Registrants)

Supplemental Statement of Operations Information

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
	Exelon		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Three Months Ended June 30, 2025
Utility taxes(a)	$	247	$	79	$	47	$	33	$	88	$	80	$	7	$	1
Property	111		8		4		57		40		27		12		1
Payroll	34		9		5		5		8		2		1		1

Three Months Ended June 30, 2024
Utility taxes(a)	$	226	$	73	$	42	$	31	$	80	$	72	$	6	$	—
Property	107		10		5		53		39		26		12		1
Payroll	33		9		4		5		7		2		1		1

Six Months Ended June 30, 2025
Utility taxes(a)	$	496	$	159	$	98	$	58	$	181	$	164	$	15	$	2
Property	222		18		9		114		80		55		24		1
Payroll	67		16		9		10		15		3		2		2

Six Months Ended June 30, 2024
Utility taxes(a)	$	447	$	148	$	83	$	54	$	162	$	146	$	14	$	2
Property	212		18		9		107		78		53		23		1
Payroll	67		18		9		9		14		4		2		2

_________

(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.


	Other, net
	Exelon		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Three Months Ended June 30, 2025
AFUDC — Equity	$	43	$	14	$	10	$	9	$	10	$	8	$	1	$	1
Non-service net periodic benefit cost	(13)		—		—		—		—		—		—		—

Three Months Ended June 30, 2024
AFUDC — Equity	$	38	$	9	$	8	$	6	$	15	$	12	$	3	$	—
Non-service net periodic benefit cost	(11)		—		—		—		—		—		—		—

Six Months Ended June 30, 2025
AFUDC — Equity	$	81	$	26	$	17	$	18	$	20	$	15	$	3	$	2
Non-service net periodic benefit cost	(26)		—		—		—		—		—		—		—

Six Months Ended June 30, 2024
AFUDC — Equity	$	78	$	19	$	16	$	13	$	30	$	23	$	6	$	1
Non-service net periodic benefit cost	(17)		—		—		—		—		—		—		—

Supplemental Cash Flow Information

The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Cash Flows.


	Depreciation, amortization, and accretion
	Exelon		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Six Months Ended June 30, 2025
Property, plant, and equipment(a)	$	1,506	$	608	$	219	$	249	$	402	$	177	$	113	$	111
Amortization of regulatory assets and liabilities, net(a)	296		159		2		69		65		35		13		16
Amortization of intangible assets, net(a)	3		—		—		—		—		—		—		—


ARO accretion(b)	1		—		—		—		—		—		—		—
Total depreciation, amortization and accretion	$	1,806	$	767	$	221	$	318	$	467	$	212	$	126	$	127

Six Months Ended June 30, 2024
Property, plant, and equipment(a)	$	1,436	$	573	$	203	$	247	$	383	$	164	$	107	$	105
Amortization of regulatory assets and liabilities, net(a)	333		164		7		65		97		41		15		41
Amortization of intangible assets, net(a)	4		—		—		—		—		—		—		—


ARO accretion(b)	1		—		—		—		1		—		—		—
Total depreciation and amortization	$	1,774	$	737	$	210	$	312	$	481	$	205	$	122	$	146

__________

(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
	Exelon		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Six Months Ended June 30, 2025
Pension and OPEB costs	$	136	$	42	$	3	$	30	$	49	$	18	$	8	$	6
Allowance for credit losses	137		23		50		17		47		19		11		17


True-up adjustments to decoupling mechanisms and formula rates(a)	397		319		8		43		27		14		5		8





Amortization of operating ROU asset	16		—		—		4		9		2		3		1


AFUDC — Equity	(81)		(26)		(17)		(18)		(20)		(15)		(3)		(2)

Six Months Ended June 30, 2024
Pension and OPEB costs	$	120	$	36	$	—	$	31	$	46	$	16	$	7	$	7
Allowance for credit losses	93		8		47		11		27		16		3		7


True-up adjustments to decoupling mechanisms and formula rates(a)	(15)		24		2		(19)		(22)		(37)		4		11





Amortization of operating ROU asset	19		—		—		3		13		3		3		2


AFUDC — Equity	(78)		(19)		(16)		(13)		(30)		(23)		(6)		(1)

__________

(a)For ComEd, reflects the true-up adjustments in Regulatory assets and liabilities associated with its distribution MRP and 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 2024 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
	Exelon		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Balance at June 30, 2025
Cash and cash equivalents	$	724	$	387	$	25	$	236	$	67	$	22	$	9	$	15
Restricted cash and cash equivalents	478		411		—		5		30		22		5		2
Restricted cash included in Other deferred debits and other assets	49		49		—		—		—		—		—		—
Total cash, restricted cash, and cash equivalents	$	1,251	$	847	$	25	$	241	$	97	$	44	$	14	$	17

Balance at December 31, 2024
Cash and cash equivalents	$	357	$	105	$	48	$	33	$	139	$	30	$	21	$	14
Restricted cash and cash equivalents	541		486		—		1		24		21		2		—
Restricted cash included in Other deferred debits and other assets	41		41		—		—		—		—		—		—
Total cash, restricted cash, and cash equivalents	$	939	$	632	$	48	$	34	$	163	$	51	$	23	$	14

Balance at June 30, 2024
Cash and cash equivalents	$	934	$	326	$	19	$	428	$	119	$	19	$	50	$	15
Restricted cash and cash equivalents	530		446		9		—		22		21		1		—
Restricted cash included in Other deferred debits and other assets	71		71		—		—		—		—		—		—
Total cash, restricted cash, and cash equivalents	$	1,535	$	843	$	28	$	428	$	141	$	40	$	51	$	15

Balance at December 31, 2023
Cash and cash equivalents	$	445	$	110	$	42	$	47	$	180	$	48	$	16	$	21
Restricted cash and cash equivalents	482		402		9		1		24		24		—		—
Restricted cash included in Other deferred debits and other assets	174		174		—		—		—		—		—		—

Total cash, restricted cash, and cash equivalents	$	1,101	$	686	$	51	$	48	$	204	$	72	$	16	$	21

For additional information on restricted cash see Note 1 — Significant Accounting Policies of the 2024 Form 10-K.

Supplemental Balance Sheet Information

The following table provides additional information about material items recorded in the Registrants' Consolidated Balance Sheets.


	Accrued expenses
	Exelon		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Balance at June 30, 2025
Compensation-related accruals(a)	$	504	$	138	$	77	$	70	$	96	$	29	$	19	$	13
Taxes accrued	193		90		4		29		84		64		9		9
Interest accrued	530		156		60		56		91		48		18		20


Balance at December 31, 2024
Compensation-related accruals(a)	$	679	$	197	$	87	$	88	$	132	$	38	$	26	$	18
Taxes accrued	217		96		13		34		110		92		11		11
Interest accrued	468		150		60		50		83		44		16		18

__________

(a)Primarily includes accrued payroll, bonuses and other incentives, vacation, and benefits.