v3.26.3
Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Change in Contract with Customer, Asset and Liability
The following table provides a rollforward of the contract liabilities reflected in Exelon's, PHI's, Pepco's, DPL's, and ACE's Consolidated Balance Sheets for the three and nine months ended September 30, 2026 and 2025. At September 30, 2026 and December 31, 2025, ComEd's, PECO's, and BGE's contract liabilities were immaterial.
Exelon(a)
PHI(a)
Pepco(a)
DPL(a)
ACE
Balance at December 31, 2025$119 $119 $95 $12 $12 
Revenues recognized(1)(1)(1)— — 
Balance at March 31, 2026$118 $118 $94 $12 $12 
Revenues recognized(1)(1)(1)— — 
Balance at June 30, 2026$117 $117 $93 $12 $12 
Revenues recognized(2)(2)(2)— — 
Balance at September 30, 2026$115 $115 $91 $12 $12 
Exelon(a)
PHI(a)
Pepco(a)
DPL(a)
ACE
Balance at December 31, 2024$127 $127 $101 $13 $13 
Revenues recognized(1)(1)(1)— — 
Balance at March 31, 2025$126 $126 $100 $13 $13 
Revenues recognized(3)(3)(2)(1)— 
Balance at June 30, 2025123 123 98 12 13 
Revenues recognized(1)(1)(1)— — 
Balance at September 30, 2025$122 $122 $97 $12 $13 
__________
(a)Revenues recognized in the three and nine months ended September 30, 2026 and 2025, were included in the contract liabilities at December 31, 2025 and 2024, respectively.
Transaction Price Allocated to Remaining Performance Obligations
The following table shows the amounts of future revenues expected to be recorded in each year for performance obligations that are unsatisfied or partially unsatisfied as of September 30, 2026. This disclosure only includes contracts for which the total consideration is fixed and determinable at contract inception. The average contract term varies by customer type and commodity but ranges from one month to several years.
This disclosure excludes the Utility Registrants' gas and electric tariff sales contracts and transmission revenue contracts as they generally have an original expected duration of one year or less and, therefore, do not contain any future, unsatisfied performance obligations to be included in this disclosure. This disclosure also excludes transmission service agreements as the total consideration is not fixed and determinable at contract inception.
YearExelonPHIPepcoDPLACE
2026$1 $1 $1 $— $— 
20276 6 5 1 — 
20286 6 5 — 1 
20297 7 6 1 — 
2030 and thereafter95 95 74 10 11 
Total$115 $115 $91 $12 $12