v3.26.1
Debt and Credit Agreements (All Registrants) (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Commercial Paper Borrowings
The following table reflects the Registrants' commercial paper programs supported by the revolving credit agreements at June 30, 2026 and December 31, 2025.
Outstanding Commercial
Paper at		Average Interest Rate on
Commercial Paper Borrowings at
Commercial Paper IssuerJune 30, 2026December 31, 2025June 30, 2026December 31, 2025
Exelon(a)
$743 $612 3.88 %3.94 %
ComEd$— $— — %— %
PECO$81 $— 3.80 %— %
BGE$— $— — %— %
PHI(b)
$32 $612 3.95 %3.94 %
Pepco$— $303 — %3.93 %
DPL$32 $161 3.95 %3.94 %
ACE$— $148 — %3.94 %
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(a)Exelon Corporate had $630 million outstanding commercial paper borrowings at June 30, 2026 and no outstanding commercial paper borrowings at December 31, 2025.
(b)Represents the consolidated amounts of Pepco, DPL, and ACE.
Schedule of Revolving Credit Agreements
On August 29, 2024, Exelon Corporate and each of the Utility Registrants amended and restated their respective syndicated revolving credit facility, extending the maturity date to August 29, 2029. The following table reflects the credit agreements:
BorrowerAggregate Bank CommitmentInterest Rate
Exelon Corporate$900 
SOFR plus 1.075%
ComEd$1,000 
SOFR plus 1.000%
PECO$600 
SOFR plus 0.900%
BGE$600 
SOFR plus 1.000%
Pepco$300 
SOFR plus 1.000%
DPL$300 
SOFR plus 1.000%
ACE$300 
SOFR plus 1.000%
Schedule of Long-term Debt Instruments
During the six months ended June 30, 2026, the following long-term debt was issued:
CompanyTypeInterest RateMaturityAmountUse of Proceeds
ExelonSenior Notes4.95%March 15, 2036$775Repay existing indebtedness and for general corporate purposes.
ComEdFirst Mortgage Bonds4.55%June 1, 2031600Repay existing indebtedness and for general corporate purposes.
ComEdFirst Mortgage Bonds5.85%June 1, 2056825Repay existing indebtedness and for general corporate purposes.
BGENotes5.15%June 1, 2033500Repay existing indebtedness and for general corporate purposes.
BGENotes6.05%June 1, 2056425Repay existing indebtedness and for general corporate purposes.
PepcoFirst Mortgage Bonds5.00%March 19, 2036110Repay existing indebtedness and for general corporate purposes.
PepcoFirst Mortgage Bonds5.30%March 19, 204160Repay existing indebtedness and for general corporate purposes.
PepcoFirst Mortgage Bonds5.74%June 17, 2056130Repay existing indebtedness and for general corporate purposes.
DPL(a)
First Mortgage Bonds5.74%March 19, 205675Repay existing indebtedness and for general corporate purposes.
ACEFirst Mortgage Bonds4.95%March 19, 2036100Repay existing indebtedness and for general corporate purposes.
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(a)On March 19, 2026, DPL entered into a purchase agreement of First Mortgage Bonds of $75 million and $75 million at 5.00% and 5.74% due on September 16, 2036 and March 19, 2056, respectively. The closing date of the 5.00% issuance is expected to occur in September 2026.