v3.26.3
Consolidated Balance Sheets (Unaudited) - PECO - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,469 $ 626
Restricted cash and cash equivalents 602 525
Accounts receivable    
Customer accounts receivable 3,669 3,732
Customer allowance for credit losses (507) (435)
Customer accounts receivable, net 3,162 3,297
Other accounts receivable 1,574 1,879
Other allowance for credit losses (96) (94)
Other accounts receivable, net 1,478 1,785
Inventories, net    
Fossil fuel 99 88
Materials and supplies 863 780
Prepaid renewable energy credits 466 563
Regulatory assets 1,278 1,359
Other 523 523
Total current assets 9,940 9,546
Property, plant and equipment, net 88,557 84,318
Deferred debits and other assets    
Regulatory assets 9,560 9,214
Receivable related to Regulatory Agreement Units 5,196 4,755
Investments 336 312
Other 2,018 1,795
Total deferred debits and other assets 23,740 22,706
Total assets 122,237 116,570
Current liabilities    
Short-term borrowings 934 612
Long-term debt due within one year 1,078 1,665
Accrued expenses 1,692 1,582
Customer deposits 609 533
Renewable energy credit obligations 364 473
Regulatory liabilities 551 1,128
Other 675 577
Total current liabilities 9,644 10,331
Long-term debt 50,791 47,413
Long-term debt to financing trusts 390 390
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 14,596 13,715
Regulatory liabilities 11,684 11,016
Asset retirement obligations 318 321
Non-pension postretirement benefit obligations 572 546
Other 2,573 2,169
Total deferred credits and other liabilities 31,280 29,638
Total liabilities 92,105 87,772
Commitments and contingencies
Shareholders’ equity    
Common stock 22,663 22,106
Retained earnings 8,325 7,577
Total shareholders’ equity 30,132 28,798
Total liabilities and shareholders’ equity 122,237 116,570
Related Party    
Current liabilities    
Accounts payable 5 5
Long-term debt to financing trusts 390 390
Nonrelated Party    
Current liabilities    
Accounts payable 3,711 3,721
PECO Energy Co    
Current assets    
Cash and cash equivalents 107 116
Restricted cash and cash equivalents 0 0
Accounts receivable    
Customer accounts receivable 709 811
Customer allowance for credit losses (135) (137)
Customer accounts receivable, net 574 674
Other accounts receivable 364 144
Other allowance for credit losses (16) (18)
Other accounts receivable, net 348 126
Inventories, net    
Fossil fuel 45 43
Materials and supplies 96 83
Prepaid utility taxes 16 0
Prepaid renewable energy credits 29 55
Regulatory assets 111 72
Other 328 34
Total current assets 1,655 1,203
Property, plant and equipment, net 17,076 15,922
Deferred debits and other assets    
Regulatory assets 1,430 1,275
Receivable related to Regulatory Agreement Units 598 442
Investments 49 45
Prepaid pension asset 445 441
Total deferred debits and other assets 2,583 2,237
Total assets 21,314 19,362
Current liabilities    
Accrued expenses 371 483
Customer deposits 107 93
Renewable energy credit obligations 30 56
Regulatory liabilities 129 140
Total current liabilities 1,531 1,658
Long-term debt 7,143 6,396
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 3,021 2,594
Regulatory liabilities 604 449
Asset retirement obligations 25 26
Non-pension postretirement benefit obligations 291 286
Other 109 109
Total deferred credits and other liabilities 4,050 3,464
Total liabilities 12,908 11,702
Commitments and contingencies
Shareholders’ equity    
Common stock 5,816 5,222
Retained earnings 2,590 2,438
Total shareholders’ equity 8,406 7,660
Total liabilities and shareholders’ equity 21,314 19,362
PECO Energy Co | Related Party    
Accounts receivable    
Receivables from affiliates 1 0
Current liabilities    
Accounts payable 35 35
Long-term debt to financing trusts 184 184
PECO Energy Co | Nonrelated Party    
Deferred debits and other assets    
Other 61 34
Current liabilities    
Accounts payable 799 811
Other $ 60 $ 40