v3.25.2
Retirement Benefits (Tables)
 6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Calculation of Net Periodic Benefit Costs
A portion of the net periodic benefit cost for all plans is capitalized within the Consolidated Balance Sheets. The following table presents the components of Exelon's net periodic benefit costs, prior to capitalization, for the three and six months ended June 30, 2025 and 2024.

Pension BenefitsOPEB
Three Months Ended June 30,Three Months Ended June 30,
2025202420252024
Components of net periodic benefit cost
Service cost$39 $40 $6 $7 
Interest cost147 141 25 24 
Expected return on assets(178)(184)(21)(21)
Amortization of:
Prior service credit— — (2)(2)
Actuarial loss (gain)53 54 (1)— 
Net periodic benefit cost$61 $51 $7 $8 
Pension BenefitsOPEB
Six Months Ended June 30,Six Months Ended June 30,
2025202420252024
Components of net periodic benefit cost
Service cost$77 $82 $12 $14 
Interest cost293 282 50 48 
Expected return on assets(356)(368)(42)(42)
Amortization of:
Prior service cost (credit)1 1 (4)(4)
Actuarial loss (gain)106 107 (1)— 
Net periodic benefit cost$121 $104 $15 $16 
Allocated Portion of Pension and Postretirement Benefit Costs
The amounts below represent the Registrants' allocated pension and OPEB costs. For Exelon, the service cost component is included in Operating and maintenance expense and Property, plant, and equipment, net while the non-service cost components are included in Other, net and Regulatory assets. For PHI and each of the Utility Registrants, which apply multi-employer accounting, the service cost and non-service cost components are
included in Operating and maintenance expense and Property, plant, and equipment, net in their consolidated financial statements.
 Three Months Ended June 30,Six Months Ended June 30,
Pension and OPEB Costs2025202420252024
Exelon$68 $59 $136 $120 
ComEd21 19 42 36 
PECO1 — 3 — 
BGE14 16 30 31 
PHI24 23 49 46 
Pepco10 7 18 16 
DPL4 3 8 7 
ACE3 4 6 7 
Defined Contribution Savings Plans
The Registrants participate in a 401(k) defined contribution savings plan that is sponsored by Exelon. The plan is qualified under applicable sections of the IRC and allows employees to contribute a portion of their pre-tax and/or after-tax income in accordance with specified guidelines. All Registrants match a percentage of the employee contributions up to certain limits. The following table presents the employer contributions and employer matching contributions to the savings plan for the three and six months ended June 30, 2025 and 2024.
Three Months Ended June 30,Six Months Ended June 30,
Savings Plan Employer Contributions2025202420252024
Exelon$30 $29 $56 $51 
ComEd12 10 22 20 
PECO4 5 8 8 
BGE3 3 6 6 
PHI5 6 10 8 
Pepco2 1 3 2 
DPL1 1 2 2 
ACE— 1 1 1