EXELON CORP

For the period ended Dec 31, 2023. Filed Feb 21, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 21, 2024

EXC$45.65+0.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Consolidated Balance Sheets

	December 31,
(In millions)	2023	2022
ASSETS
Current assets
Cash and cash equivalents	$21	$72
Accounts receivable
Customer accounts receivable	194	179
Customer allowance for credit losses	(36)	(41)
Customer accounts receivable, net	158	138
Other accounts receivable	92	70
Other allowance for credit losses	(14)	(14)
Other accounts receivable, net	78	56
Receivables from affiliates	3	1
Inventories, net	55	43
Regulatory assets	125	130
Other	5	3
Total current assets	445	443
Property, plant, and equipment, (net of accumulated depreciation and amortization of $1,684 and $1,551 as of December 31, 2023 and 2022, respectively)	4,192	3,990
Deferred debits and other assets
Regulatory assets	483	494
Prepaid pension asset	3	18
Other	34	34
Total deferred debits and other assets	520	546
Total assets	$5,157	$4,979

	December 31,
(In millions)	2023	2022
LIABILITIES AND SHAREHOLDER'S EQUITY
Current liabilities
Short-term borrowings	$199	$—
Long-term debt due within one year	154	3
Accounts payable	192	206
Accrued expenses	42	47
Payables to affiliates	25	26
Customer deposits	23	21
Regulatory liabilities	6	26
PPA termination obligation	49	87
Other	12	58
Total current liabilities	702	474
Long-term debt	1,679	1,754
Deferred credits and other liabilities
Deferred income taxes and unamortized investment tax credits	771	734
Regulatory liabilities	140	156
Non-pension postretirement benefit obligations	4	8
Other	49	100
Total deferred credits and other liabilities	964	998
Total liabilities	3,345	3,226
Commitments and contingencies
Shareholder's equity
Common stock ($3.00 par value, 25 shares authorized, 9 shares outstanding as of December 31, 2023 and 2022)	1,830	1,765
Retained deficit	(18)	(12)
Total shareholder's equity	1,812	1,753
Total liabilities and shareholder's equity	$5,157	$4,979

Consolidated Statements of Changes in Shareholder's Equity

(In millions)	Common Stock	Retained Earnings (Deficit)	Total Shareholder's Equity
Balance at December 31, 2020	$1,271	$127	$1,398
Net income	—	146	146
Common stock dividends	—	(288)	(288)
Contributions from parent	319	—	319
Balance at December 31, 2021	$1,590	$(15)	$1,575
Net income	—	148	148
Common stock dividends	—	(145)	(145)
Contributions from parent	175	—	175
Balance at December 31, 2022	$1,765	$(12)	$1,753
Net income	—	120	120
Common stock dividends	—	(126)	(126)
Contributions from parent	65	—	65
Balance at December 31, 2023	$1,830	$(18)	$1,812

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.