v3.26.1
Consolidated Balance Sheets (Unaudited) - PECO - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,813 $ 626
Restricted cash and cash equivalents 608 525
Accounts receivable    
Customer accounts receivable 3,567 3,732
Customer allowance for credit losses (508) (435)
Customer accounts receivable, net 3,059 3,297
Other accounts receivable 1,294 1,879
Other allowance for credit losses (94) (94)
Other accounts receivable, net 1,200 1,785
Inventories, net    
Fossil fuel 62 88
Materials and supplies 832 780
Prepaid renewable energy credits 381 563
Regulatory assets 1,352 1,359
Other 490 523
Total current assets 9,797 9,546
Property, plant and equipment, net 87,123 84,318
Deferred debits and other assets    
Regulatory assets 9,412 9,214
Receivable related to Regulatory Agreement Units 5,280 4,755
Investments 327 312
Other 1,936 1,795
Total deferred debits and other assets 23,585 22,706
Total assets 120,505 116,570
Current liabilities    
Short-term borrowings 1,243 612
Long-term debt due within one year 727 1,665
Accrued expenses 1,447 1,582
Customer deposits 589 533
Renewable energy credit obligations 332 473
Regulatory liabilities 573 1,128
Other 590 577
Total current liabilities 9,008 10,331
Long-term debt 50,313 47,413
Long-term debt to financing trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 14,348 13,715
Regulatory liabilities 11,727 11,016
Asset retirement obligations 322 321
Non-pension postretirement benefit obligations 564 546
Other 2,587 2,169
Total deferred credits and other liabilities 31,096 29,638
Total liabilities 90,807 87,772
Commitments and contingencies
Shareholders’ equity    
Common stock 22,540 22,106
Retained earnings 8,031 7,577
Total shareholders’ equity 29,698 28,798
Total liabilities and shareholders’ equity 120,505 116,570
Related Party    
Current liabilities    
Accounts payable 5 5
Long-term debt to financing trusts 390 390
Nonrelated Party    
Current liabilities    
Accounts payable 3,475 3,721
PECO Energy Co    
Current assets    
Cash and cash equivalents 39 116
Restricted cash and cash equivalents 0 0
Accounts receivable    
Customer accounts receivable 741 811
Customer allowance for credit losses (142) (137)
Customer accounts receivable, net 599 674
Other accounts receivable 154 144
Other allowance for credit losses (18) (18)
Other accounts receivable, net 136 126
Inventories, net    
Fossil fuel 25 43
Materials and supplies 94 83
Prepaid utility taxes 79 0
Prepaid renewable energy credits 60 55
Regulatory assets 116 72
Other 66 34
Total current assets 1,214 1,203
Property, plant and equipment, net 16,655 15,922
Deferred debits and other assets    
Regulatory assets 1,382 1,275
Receivable related to Regulatory Agreement Units 642 442
Investments 48 45
Prepaid pension asset 448 441
Total deferred debits and other assets 2,626 2,237
Total assets 20,495 19,362
Current liabilities    
Short-term borrowings 81 0
Accrued expenses 171 483
Customer deposits 102 93
Renewable energy credit obligations 101 56
Regulatory liabilities 130 140
Total current liabilities 1,459 1,658
Long-term debt 6,398 6,396
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,980 2,594
Regulatory liabilities 648 449
Asset retirement obligations 26 26
Non-pension postretirement benefit obligations 289 286
Other 160 109
Total deferred credits and other liabilities 4,103 3,464
Total liabilities 12,144 11,702
Commitments and contingencies
Shareholders’ equity    
Common stock 5,789 5,222
Retained earnings 2,562 2,438
Total shareholders’ equity 8,351 7,660
Total liabilities and shareholders’ equity 20,495 19,362
PECO Energy Co | Related Party    
Accounts receivable    
Receivables from affiliates 0 0
Current liabilities    
Accounts payable 36 35
Long-term debt to financing trusts 184 184
PECO Energy Co | Nonrelated Party    
Deferred debits and other assets    
Other 106 34
Current liabilities    
Accounts payable 788 811
Other $ 50 $ 40