← Filings of EXC
Tables in the 10-Q of EXELON CORP
192 tables with numbers, filed Jul 30, 2026. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
| Commission File Number | Name of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal Executive Offices; and Telephone Number | IRS Employer Identification Number |
| 001-16169 | EXELON CORPORATION | 23-2990190 |
| (a Pennsylvania corporation)10 South Dearborn StreetP.O. Box 805379Chicago, Illinois 60680-5379(800) 483-3220 | |
| 001-01839 | COMMONWEALTH EDISON COMPANY | 36-0938600 |
| (an Illinois corporation)10 South Dearborn StreetChicago, Illinois 60603-2300(312) 394-4321 | |
| 000-16844 | PECO ENERGY COMPANY | 23-0970240 |
| (a Pennsylvania corporation)2301 Market StreetP.O. Box 8699Philadelphia, Pennsylvania 19101-8699(215) 841-4000 | |
| 001-01910 | BALTIMORE GAS AND ELECTRIC COMPANY | 52-0280210 |
First 8 of 17 rows. The CSV has all of them.
Table 2 after “The number of shares outstanding of each registrant’s common stock as of June 30, 2026 was:”
Download CSV
| Exelon Corporation Common Stock, without par value | 1,032,253,967 |
| Commonwealth Edison Company Common Stock, $12.50 par value | 127,021,427 |
| PECO Energy Company Common Stock, without par value | 170,478,507 |
| Baltimore Gas and Electric Company Common Stock, without par value | 1,000 |
| Pepco Holdings LLC | not applicable |
| Potomac Electric Power Company Common Stock, $0.01 par value | 100 |
| Delmarva Power & Light Company Common Stock, $2.25 par value | 1,000 |
| Atlantic City Electric Company Common Stock, $3.00 par value | 8,546,017 |
| Page No. | |
| GLOSSARY OF TERMS AND ABBREVIATIONS | 4 | |
| FILING FORMAT | 7 | |
| CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION | 7 | |
| WHERE TO FIND MORE INFORMATION | 8 | |
| PART I. | FINANCIAL INFORMATION | 9 |
| ITEM 1. | FINANCIAL STATEMENTS | 9 |
| Exelon Corporation | |
First 8 of 32 rows. The CSV has all of them.
| Page No. | |
| Potomac Electric Power Company | |
| Statements of Operations and Comprehensive Income | 35 |
| Statements of Cash Flows | 36 |
| Balance Sheets | 37 |
| Statements of Changes in Shareholder's Equity | 39 |
| Delmarva Power & Light Company | |
| Statements of Operations and Comprehensive Income | 40 |
First 8 of 32 rows. The CSV has all of them.
| Page No. | |
| ITEM 2. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 110 |
| Exelon Corporation | 110 |
| Executive Overview | 110 |
| Financial Results of Operations | 110 |
| Significant 2026 Transactions and Developments | 112 |
| Other Key Business Drivers and Management Strategies | 115 |
| Critical Accounting Policies and Estimates | 116 |
First 8 of 33 rows. The CSV has all of them.
| GLOSSARY OF TERMS AND ABBREVIATIONS | |
| Other Terms and Abbreviations | |
| Note - of the 2025 Form 10-K | Reference to specific Combined Note to Consolidated Financial Statements within Exelon's 2025 Annual Report on Form 10-K |
| ABO | Accumulated Benefit Obligation |
| AFUDC | Allowance for Funds Used During Construction |
| AMI | Advanced Metering Infrastructure |
| AOCI | Accumulated Other Comprehensive Income (Loss) |
| ARO | Asset Retirement Obligation |
First 8 of 45 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (In millions, except per share data) | 2026 | 2025 | | 2026 | 2025 | |
| Operating revenues | | | | | | |
| Electric operating revenues | $5,710 | | $5,365 | | $11,868 | $11,182 |
| Natural gas operating revenues | 327 | | 337 | | 1,443 | 1,361 |
| Revenues from alternative revenue programs | (70) | | (275) | | (102) | (402) |
| Total operating revenues | 5,967 | | 5,427 | | 13,209 | 12,141 |
| Operating expenses | | | | | | |
First 8 of 40 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows from operating activities | | | |
| Net income | $1,315 | | $1,300 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | | | |
| Depreciation, amortization, and accretion | 1,921 | | 1,806 |
| Deferred income taxes and amortization of investment tax credits | 432 | | 165 |
| Net fair value changes related to derivatives | — | | 3 |
First 8 of 39 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| 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) | |
First 8 of 28 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | | | |
| Current liabilities | | | |
| Short-term borrowings | $1,243 | | $612 |
| Long-term debt due within one year | 727 | | 1,665 |
| Accounts payable | 3,475 | | 3,721 |
| Accrued expenses | 1,447 | | 1,582 |
| Payables to affiliates | 5 | | 5 |
First 8 of 36 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 | | | | | | | | | | | |
| (In millions, shares in thousands) | Issued Shares | Common Stock | | Treasury Stock | | Retained Earnings | Accumulated Other Comprehensive Loss, net | | | Total Shareholders' Equity | | |
| Balance at December 31, 2025 | 1,024,401 | $22,106 | | | $(123) | | $7,577 | | $(762) | | $28,798 | |
| Net income | — | | — | | | — | | 919 | | — | | 919 |
| Long-term incentive plan activity | 338 | | 10 | | | — | | — | | — | | 10 |
| Employee stock purchase plan activity | 302 | | 13 | | | — | | — | | — | | 13 |
| Common stock dividends($0.42/common share) | — | | — | | | — | | (431) | | — | | (431) |
| Other comprehensive income, net of income taxes | — | | — | | | — | | — | | 6 | | 6 |
First 8 of 16 rows. The CSV has all of them.
| Six Months Ended June 30, 2025 | | | | | | | | |
| (In millions, shares in thousands) | Issued Shares | Common Stock | | Treasury Stock | Retained Earnings | Accumulated Other Comprehensive Loss, net | | Total Shareholders' Equity | |
| Balance at December 31, 2024 | 1,007,046 | | $21,338 | | $(123) | | $6,426 | $(720) | $26,921 |
| Net income | — | | — | | — | | 908 | — | 908 |
| Long-term incentive plan activity | 299 | | 4 | | — | | — | — | 4 |
| Employee stock purchase plan activity | (8) | | 2 | | — | | — | — | 2 |
| Issuance of Common Stock | 4,031 | | 173 | | — | | — | — | 173 |
| Common stock dividends($0.40/common share) | — | | — | | — | | (403) | — | (403) |
First 8 of 15 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Operating revenues | | | | | | |
| Electric operating revenues | $2,038 | | $2,060 | | $3,931 | $4,203 |
| Revenues from alternative revenue programs | (55) | | (234) | | (46) | (319) |
| Operating revenues from affiliates | 2 | | 10 | | 13 | 17 |
| Total operating revenues | 1,985 | | 1,836 | | 3,898 | 3,901 |
| Operating expenses | | | | | | |
First 8 of 24 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows from operating activities | | | |
| Net income | $559 | | $530 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | | | |
| Depreciation and amortization | 820 | | 767 |
| Deferred income taxes and amortization of investment tax credits | 126 | | 6 |
| Other non-cash operating activities | 115 | | 401 |
First 8 of 36 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| Current assets | | | |
| Cash and cash equivalents | $704 | | $159 |
| Restricted cash and cash equivalents | 533 | | 454 |
| Accounts receivable | | | |
| Customer accounts receivable | 972 | 1,058 | |
| Customer allowance for credit losses | (102) | (115) | |
First 8 of 27 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | | | |
| Current liabilities | | | |
| Long-term debt due within one year | $— | | $500 |
| Accounts payable | 1,146 | | 1,033 |
| Accrued expenses | 415 | | 474 |
| Payables to affiliates | 75 | | 81 |
| Customer deposits | 230 | | 192 |
First 8 of 30 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 | | | | | |
| (In millions) | Common Stock | Other Paid-In Capital | | Retained Earnings | Total Shareholders’ Equity | |
| Balance at December 31, 2025 | $1,588 | | $11,019 | | $2,998 | $15,605 |
| Net income | — | | — | | 310 | 310 |
| Common stock dividends | — | | — | | (218) | (218) |
| Contributions from parent | — | | 256 | | — | 256 |
| Balance at March 31, 2026 | $1,588 | | $11,275 | | $3,090 | $15,953 |
| Net income | — | | — | | 249 | 249 |
First 8 of 22 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Operating revenues | | | | | | |
| Electric operating revenues | $934 | | $876 | | $2,007 | $1,839 |
| Natural gas operating revenues | 120 | | 120 | | 530 | 496 |
| Revenues from alternative revenue programs | 5 | | 1 | | 10 | (8) |
| Operating revenues from affiliates | 3 | | 3 | | 7 | 6 |
| Total operating revenues | 1,062 | | 1,000 | | 2,554 | 2,333 |
First 8 of 26 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows from operating activities | | | |
| Net income | $397 | | $402 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | | | |
| Depreciation and amortization | 247 | | 221 |
| Deferred income taxes and amortization of investment tax credits | 285 | | (32) |
| Other non-cash operating activities | 44 | | 53 |
First 8 of 33 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| Current assets | | | |
| Cash and cash equivalents | $39 | | $116 |
| Accounts receivable | | | |
| Customer accounts receivable | 741 | 811 | |
| Customer allowance for credit losses | (142) | (137) | |
| Customer accounts receivable, net | 599 | | 674 |
First 8 of 28 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| LIABILITIES AND SHAREHOLDER'S EQUITY | | | |
| Current liabilities | | | |
| Short-term borrowings | $81 | | $— |
| Accounts payable | 788 | | 811 |
| Accrued expenses | 171 | | 483 |
| Payables to affiliates | 36 | | 35 |
| Customer deposits | 102 | | 93 |
First 8 of 28 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 | | | | |
| (In millions) | Common Stock | Retained Earnings | | Total Shareholder's Equity | |
| Balance at December 31, 2025 | $5,222 | | $2,438 | | $7,660 |
| Net income | — | | 278 | | 278 |
| Common stock dividends | — | | (137) | | (137) |
| Contributions from parent | 567 | | — | | 567 |
| Balance at March 31, 2026 | $5,789 | | $2,579 | | $8,368 |
| Net income | — | | 119 | | 119 |
First 8 of 22 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | | | |
| (In millions) | | | 2026 | 2025 | | 2026 | 2025 | |
| Operating revenues | | | | | | | | |
| Electric operating revenues | | | $1,044 | | $856 | | $2,302 | $1,877 |
| Natural gas operating revenues | | | 166 | | 184 | | 757 | 745 |
| Revenues from alternative revenue programs | | | 5 | | (13) | | (18) | (43) |
| Operating revenues from affiliates | | | 3 | | 2 | | 5 | 4 |
| Total operating revenues | | | 1,218 | | 1,029 | | 3,046 | 2,583 |
First 8 of 25 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows from operating activities | | | |
| Net income | $353 | | $315 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | | | |
| Depreciation and amortization | 334 | | 318 |
| Deferred income taxes and amortization of investment tax credits | 198 | | 43 |
| Other non-cash operating activities | 79 | | 89 |
First 8 of 36 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| Current assets | | | |
| Cash and cash equivalents | $1,010 | | $217 |
| Restricted cash and cash equivalents | 4 | | 3 |
| Accounts receivable | | | |
| Customer accounts receivable | 926 | 887 | |
| Customer allowance for credit losses | (136) | (68) | |
First 8 of 29 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| LIABILITIES AND SHAREHOLDER'S EQUITY | | | |
| Current liabilities | | | |
| Long-term debt due within one year | $— | | $350 |
| Accounts payable | 548 | | 640 |
| Accrued expenses | 176 | | 352 |
| Payables to affiliates | 39 | | 39 |
| Customer deposits | 126 | | 125 |
First 8 of 27 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 | | | | |
| (In millions) | Common Stock | Retained Earnings | | Total Shareholder's Equity | |
| Balance at December 31, 2025 | $4,014 | | $2,588 | | $6,602 |
| Net income | — | | 298 | | 298 |
| Common stock dividends | — | | (114) | | (114) |
| Balance at March 31, 2026 | $4,014 | | $2,772 | | $6,786 |
| Net income | — | | 55 | | 55 |
| Common stock dividends | — | | (113) | | (113) |
First 8 of 20 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Operating revenues | | | | | | |
| Electric operating revenues | $1,694 | | $1,573 | | $3,628 | $3,264 |
| Natural gas operating revenues | 40 | | 33 | | 157 | 120 |
| Revenues from alternative revenue programs | (24) | | (29) | | (48) | (32) |
| Operating revenues from affiliates | 2 | | 2 | | 5 | 5 |
| Total operating revenues | 1,712 | | 1,579 | | 3,742 | 3,357 |
First 8 of 27 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows from operating activities | | | |
| Net income | $278 | | $337 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | | | |
| Depreciation, amortization, and accretion | 491 | | 467 |
| Deferred income taxes and amortization of investment tax credits | 100 | | 47 |
| Other non-cash operating activities | 150 | | 128 |
First 8 of 37 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| Current assets | | | |
| Cash and cash equivalents | $47 | | $103 |
| Restricted cash and cash equivalents | 36 | | 38 |
| Accounts receivable | | | |
| Customer accounts receivable | 928 | 975 | |
| Customer allowance for credit losses | (128) | (115) | |
First 8 of 30 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| LIABILITIES AND MEMBER'S EQUITY | | | |
| Current liabilities | | | |
| Short-term borrowings | $32 | | $612 |
| Long-term debt due within one year | 76 | | 64 |
| Accounts payable | 703 | | 816 |
| Accrued expenses | 338 | | 359 |
| Payables to affiliates | 61 | | 71 |
First 8 of 31 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 | | | | | |
| (In millions) | Membership Interest | Undistributed (Losses)/Gains | | Total Member's Equity | | |
| Balance at December 31, 2025 | $13,130 | | $(151) | | | $12,979 |
| Net income | — | | 169 | | | 169 |
| Distributions to member | — | | (139) | | | (139) |
| Contributions from member | 275 | | — | | | 275 |
| Balance at March 31, 2026 | $13,405 | | $(121) | | | $13,284 |
| Net income | | 109 | | | 109 | |
First 8 of 11 rows. The CSV has all of them.
| Six Months Ended June 30, 2025 | | | | |
| (In millions) | Membership Interest | Undistributed (Losses)/Gains | | Total Member's Equity | |
| Balance at December 31, 2024 | $12,562 | | $(240) | | $12,322 |
| Net income | — | | 194 | | 194 |
| Distributions to member | — | | (132) | | (132) |
| Contributions from member | 352 | | — | | 352 |
| Balance at March 31, 2025 | $12,914 | | $(178) | | $12,736 |
| Net income | — | | 143 | | 143 |
First 8 of 11 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Operating revenues | | | | | | |
| Electric operating revenues | $873 | | $791 | | $1,859 | $1,645 |
| Revenues from alternative revenue programs | (15) | | (16) | | (14) | (14) |
| Operating revenues from affiliates | 1 | | 1 | | 4 | 4 |
| Total operating revenues | 859 | | 776 | | 1,849 | 1,635 |
| Operating expenses | | | | | | |
First 8 of 24 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows from operating activities | | | |
| Net income | $133 | | $181 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | | | |
| Depreciation, amortization, and accretion | 228 | | 212 |
| Deferred income taxes and amortization of investment tax credits | 43 | | 14 |
| Other non-cash operating activities | 57 | | 46 |
First 8 of 36 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| Current assets | | | |
| Cash and cash equivalents | $21 | | $22 |
| Restricted cash and cash equivalents | 31 | | 33 |
| Accounts receivable | | | |
| Customer accounts receivable | 495 | 484 | |
| Customer allowance for credit losses | (77) | (69) | |
First 8 of 26 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| LIABILITIES AND SHAREHOLDER'S EQUITY | | | |
| Current liabilities | | | |
| Short-term borrowings | $— | | $303 |
| Long-term debt due within one year | 7 | | 6 |
| Accounts payable | 383 | | 418 |
| Accrued expenses | 172 | | 173 |
| Payables to affiliates | 41 | | 37 |
First 8 of 27 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 | | | | |
| (In millions) | Common Stock | Retained Earnings | | Total Shareholder's Equity | |
| Balance at December 31, 2025 | $3,528 | | $1,174 | | $4,702 |
| Net income | — | | 68 | | 68 |
| Common stock dividends | — | | (64) | | (64) |
| Contributions from parent | 139 | | — | | 139 |
| Balance at March 31, 2026 | $3,667 | | $1,178 | | $4,845 |
| Net income | — | | 65 | | 65 |
First 8 of 11 rows. The CSV has all of them.
| Six Months Ended June 30, 2025 | | | | |
| (In millions) | Common Stock | Retained Earnings | | Total Shareholder's Equity | |
| Balance at December 31, 2024 | $3,335 | | $1,100 | | $4,435 |
| Net income | — | | 97 | | 97 |
| Common stock dividends | — | | (66) | | (66) |
| Contributions from parent | 157 | | — | | 157 |
| Balance at March 31, 2025 | $3,492 | | $1,131 | | $4,623 |
| Net income | — | | 84 | | 84 |
First 8 of 11 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Operating revenues | | | | | | |
| Electric operating revenues | $410 | | $386 | | $920 | $850 |
| Natural gas operating revenues | 40 | | 33 | | 157 | 120 |
| Revenues from alternative revenue programs | 2 | | — | | (5) | (5) |
| Operating revenues from affiliates | 2 | | 2 | | 4 | 4 |
| Total operating revenues | 454 | | 421 | | 1,076 | 969 |
First 8 of 25 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows from operating activities | | | |
| Net income | $103 | | $108 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | | | |
| Depreciation and amortization | 133 | | 126 |
| Deferred income taxes and amortization of investment tax credits | 28 | | 15 |
| Other non-cash operating activities | 29 | | 30 |
First 8 of 36 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| Current assets | | | |
| Cash and cash equivalents | $8 | | $9 |
| Restricted cash and cash equivalents | 2 | | 3 |
| Accounts receivable | | | |
| Customer accounts receivable | 196 | 253 | |
| Customer allowance for credit losses | (21) | (19) | |
First 8 of 27 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| LIABILITIES AND SHAREHOLDER'S EQUITY | | | |
| Current liabilities | | | |
| Short-term borrowings | $32 | | $161 |
| Long-term debt due within one year | 63 | | 53 |
| Accounts payable | 147 | | 218 |
| Accrued expenses | 59 | | 70 |
| Payables to affiliates | 28 | | 25 |
First 8 of 28 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 | | | | |
| (In millions) | Common Stock | Retained Earnings | | Total Shareholder's Equity | |
| Balance at December 31, 2025 | $1,722 | | $649 | | $2,371 |
| Net income | — | | 77 | | 77 |
| Common stock dividends | — | | (50) | | (50) |
| Contributions from parent | 45 | | — | | 45 |
| Balance at March 31, 2026 | $1,767 | | $676 | | $2,443 |
| Net income | — | | 26 | | 26 |
First 8 of 11 rows. The CSV has all of them.
| Six Months Ended June 30, 2025 | | | | |
| (In millions) | Common Stock | Retained Earnings | | Total Shareholder's Equity | |
| Balance at December 31, 2024 | $1,615 | | $627 | | $2,242 |
| Net income | — | | 69 | | 69 |
| Common stock dividends | — | | (46) | | (46) |
| Contributions from parent | 99 | | — | | 99 |
| Balance at March 31, 2025 | $1,714 | | $650 | | $2,364 |
| Net income | — | | 39 | | 39 |
First 8 of 11 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (In millions) | 2026 | 2025 | | 2026 | 2025 | |
| Operating revenues | | | | | | |
| Electric operating revenues | $411 | | $397 | | $849 | $769 |
| Revenues from alternative revenue programs | (11) | | (13) | | (29) | (13) |
| Operating revenues from affiliates | 1 | | — | | 2 | 1 |
| Total operating revenues | 401 | | 384 | | 822 | 757 |
| Operating expenses | | | | | | |
First 8 of 23 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Cash flows from operating activities | | | |
| Net income | $49 | | $56 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | | | |
| Depreciation and amortization | 128 | | 127 |
| Deferred income taxes and amortization of investment tax credits | 35 | | 13 |
| Other non-cash operating activities | 48 | | 33 |
First 8 of 36 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| Current assets | | | |
| Cash and cash equivalents | $13 | | $22 |
| Restricted cash and cash equivalents | 2 | | 2 |
| Accounts receivable | | | |
| Customer accounts receivable | 236 | 239 | |
| Customer allowance for credit losses | (30) | (27) | |
First 8 of 24 rows. The CSV has all of them.
| (In millions) | June 30, 2026 | December 31, 2025 | |
| LIABILITIES AND SHAREHOLDER'S EQUITY | | | |
| Current liabilities | | | |
| Short-term borrowings | $— | | $148 |
| Long-term debt due within one year | 4 | | 5 |
| Accounts payable | 164 | | 168 |
| Accrued expenses | 54 | | 64 |
| Payables to affiliates | 23 | | 24 |
First 8 of 26 rows. The CSV has all of them.
| Six Months Ended June 30, 2026 | | | | |
| (In millions) | Common Stock | Retained (Deficit) Earnings | | Total Shareholder's Equity | |
| Balance at December 31, 2025 | $2,013 | | $15 | | $2,028 |
| Net income | — | | 27 | | 27 |
| Common stock dividends | — | | (25) | | (25) |
| Contributions from parent | 91 | | — | | 91 |
| Balance at March 31, 2026 | $2,104 | | $17 | | $2,121 |
| Net income | — | | 22 | | 22 |
First 8 of 11 rows. The CSV has all of them.
| Six Months Ended June 30, 2025 | | | | |
| (In millions) | Common Stock | Retained (Deficit) Earnings | | Total Shareholder's Equity | |
| Balance at December 31, 2024 | $1,915 | | $10 | | $1,925 |
| Net income | — | | 31 | | 31 |
| Common stock dividends | — | | (20) | | (20) |
| Contributions from parent | 94 | | — | | 94 |
| Balance at March 31, 2025 | $2,009 | | $21 | | $2,030 |
| Net income | — | | 24 | | 24 |
First 8 of 11 rows. The CSV has all of them.
Table 52 after “Completed Distribution Base Rate Case Proceedings”
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| Registrant/Jurisdiction | | Filing Date | | Service | | Requested Revenue Requirement Increase | | Approved Revenue Requirement Increase | | Approved ROE | | Approval Date | | Rate Effective Date | | |
| ComEd - Illinois | | January 17, 2023 | | Electric | | $1,487 | | | $1,045 | | | 8.905% | | December 19, 2024 | | January 1, 2024 |
| April 26, 2024 (amended on September 11, 2024) | | Electric | | $624 | | | $623 | | | 9.89% | | October 31, 2024 | | January 1, 2025 | |
| PECO - Pennsylvania | | March 28, 2024 | | Electric | | $464 | | | $354 | | | N/A | | December 12, 2024 | | January 1, 2025 |
| Natural Gas | $111 | | | $78 | | | | | | | | | | | | |
| BGE - Maryland | | February 17, 2023 | | Electric | | $313 | | | $179 | | | 9.50% | | December 14, 2023 | | January 1, 2024 |
| | Natural Gas | | $289 | | | $229 | | | 9.45% | | | | | | |
| Pepco - District of Columbia | | April 13, 2023 (amended February 27, 2024) | | Electric | | $186 | | | $123 | | | 9.50% | | November 26, 2024 | | January 1, 2025 |
First 8 of 13 rows. The CSV has all of them.
Table 53 after “Pending Distribution Base Rate Case Proceedings”
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| Registrant/Jurisdiction | Filing Date | Service | Requested Revenue Requirement Increase | Requested ROE | | Expected Approval Timing | |
| Pepco - Maryland(a) | October 14, 2025 (amended April 16, 2026) | Electric | $120 | | 10.50% | | Third quarter of 2026 |
| DPL - Delaware(b) | December 9, 2025 (amended June 1, 2026) | Electric | $45 | | 10.50% | | Third quarter of 2027 |
| BGE - Maryland | July 2, 2026 | Electric | $156 | | 10.40% | | First quarter of 2027 |
Table 54 after “For 2026, the following increases/(decreases) were included in the Utility Registrants' electric transmission formula rate updates:”
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| Registrant(a) | Initial Revenue Requirement Increase (Decrease) | Annual Reconciliation (Decrease) Increase | | Total Revenue Requirement (Decrease) Increase(b) | Allowed Return on Rate Base(c) | Allowed ROE(d) | | |
| ComEd | $31 | | $(52) | | $(21) | | 8.15% | 11.50% |
| PECO | $20 | | $20 | | $40 | | 7.62% | 10.35% |
| BGE | $16 | | $(40) | | $(30) | (e) | 7.51% | 10.50% |
| Pepco | $12 | | $(21) | | $(9) | | 7.72% | 10.50% |
| DPL | $3 | | $1 | | $4 | | 7.53% | 10.50% |
| ACE | $1 | | $16 | | $17 | | 7.26% | 10.50% |
Table 55 after “The requested revenue requirement update is based on a reconciliation of the 2025 actual costs plus projected 2027 expenditures.”
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| Initial Revenue Requirement Increase | Annual Reconciliation Decrease | | Total Revenue Requirement Decrease | Requested Return on Rate Base(a) | Requested ROE | | |
| $28 | | $(56) | | $(28) | | 6.62% | 8.905% |
Table 56 after “related amounts at June 30, 2026 and December 31, 2025.”
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| Exelon | ComEd(a) | | BGE(b) | PHI | Pepco(c) | | DPL(d) | ACE(e) | | |
| June 30, 2026 | $72 | | $10 | | $34 | | $28 | | $12 | $— | $16 |
| December 31, 2025 | 98 | | 12 | | 47 | | 39 | | 22 | 1 | 16 |
Table 57 after “Note 3 — Revenue from Contracts with Customers”
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| 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 |
| Exelon(a) | PHI(a) | | Pepco(a) | DPL(a) | ACE | | |
| Balance at December 31, 2024 | $127 | | $127 | | $101 | | $13 | $13 |
First 8 of 12 rows. The CSV has all of them.
Table 58 after “This disclosure excludes the Utility Registrants' gas and electric tariff sales contracts and transmission revenue contracts as they general”
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| Year | Exelon | PHI | | Pepco | DPL | ACE | | |
| 2026 | $3 | | $3 | | $3 | | $— | $— |
| 2027 | 6 | | 6 | | 5 | | 1 | — |
| 2028 | 6 | | 6 | | 5 | | — | 1 |
| 2029 | 7 | | 7 | | 6 | | 1 | — |
| 2030 and thereafter | 95 | | 95 | | 74 | | 10 | 11 |
| Total | $117 | | $117 | | $93 | | $12 | $12 |
Table 59 after “Three Months Ended June 30, 2026 and 2025”
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| ComEd | PECO | | BGE | PHI | Other(a) | | Intersegment Eliminations | Exelon | | |
| Operating revenues(b): | | | | | | | | | | | |
| 2026 | | | | | | | | | | | |
| Electric revenues | $1,985 | | $941 | | $1,050 | | $1,670 | | $— | $(7) | $5,639 |
| Natural gas revenues | — | | 121 | | 168 | | 40 | | — | (1) | 328 |
| Shared service and other revenues | — | | — | | — | | 2 | | 471 | (473) | — |
| Total operating revenues | $1,985 | | $1,062 | | $1,218 | | $1,712 | | $471 | $(481) | $5,967 |
| 2025 | | | | | | | | | | | |
First 8 of 27 rows. The CSV has all of them.
| 2025 | 387 | 112 | 154 | 233 | 16 | — | 902 |
| Taxes other than income taxes | | | | | | | |
| 2026 | $107 | $62 | $96 | $145 | $13 | $— | $423 |
| 2025 | 97 | 54 | 85 | 136 | 11 | — | 383 |
| (Gain) on sale of assets | | | | | | | |
| 2026 | $— | $— | $— | $— | $— | $— | $— |
| 2025 | — | — | — | (2) | — | — | (2) |
| Interest expense, net(c) | | | | | | | |
First 8 of 29 rows. The CSV has all of them.
| Pepco | DPL | | ACE | Other(a) | Intersegment Eliminations | | PHI | | |
| Operating revenues(b): | | | | | | | | | | |
| 2026 | | | | | | | | | | |
| Electric revenues | $859 | | $414 | | $401 | | $— | | $(4) | $1,670 |
| Natural gas revenues | — | | 40 | | — | | — | | — | 40 |
| Shared service and other revenues | — | | — | | — | | 120 | | (118) | 2 |
| Total operating revenues | $859 | | $454 | | $401 | | $120 | | $(122) | $1,712 |
| 2025 | | | | | | | | | | |
First 8 of 11 rows. The CSV has all of them.
| Total operating revenues | $776 | $421 | $384 | $111 | $(113) | $1,579 |
| Less: | | | | | | |
| Purchased power | | | | | | |
| 2026 | $316 | $176 | $187 | $— | $— | $679 |
| 2025 | 256 | 161 | 173 | — | — | 590 |
| Purchased fuel | | | | | | |
| 2026 | $— | $19 | $— | $— | $— | $19 |
| 2025 | — | 11 | — | — | — | 11 |
First 8 of 44 rows. The CSV has all of them.
Table 63 after “The following tables disaggregate the Registrants' revenues recognized from contracts with customers into categories that depict how the nat”
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| Three Months Ended June 30, 2026 | | | | | | | | | | |
| Revenues from contracts with customers | ComEd | PECO | | BGE | PHI | Pepco | | DPL | ACE | | |
| Electric revenues | | | | | | | | | | | |
| Residential | $1,101 | | $601 | | $641 | | $867 | | $396 | $230 | $241 |
| Small commercial & industrial | 527 | | 157 | | 108 | | 180 | | 49 | 66 | 65 |
| Large commercial & industrial | 131 | | 85 | | 161 | | 397 | | 321 | 33 | 43 |
| Public authorities & electric railroads | 12 | | 9 | | 8 | | 20 | | 11 | 4 | 5 |
| Other(a) | 255 | | 77 | | 121 | | 228 | | 94 | 78 | 58 |
First 8 of 23 rows. The CSV has all of them.
| Three Months Ended June 30, 2025 | | | | | | | | | | |
| Revenues from contracts with customers | ComEd | PECO | | BGE | PHI | Pepco | | DPL | ACE | | |
| Electric revenues | | | | | | | | | | | |
| Residential | $1,094 | | $555 | | $497 | | $780 | | $348 | $210 | $222 |
| Small commercial & industrial | 553 | | 155 | | 90 | | 168 | | 48 | 64 | 56 |
| Large commercial & industrial | 177 | | 75 | | 140 | | 370 | | 292 | 31 | 47 |
| Public authorities & electric railroads | 12 | | 10 | | 8 | | 22 | | 12 | 5 | 5 |
| Other(a) | 224 | | 77 | | 118 | | 233 | | 91 | 77 | 67 |
First 8 of 23 rows. The CSV has all of them.
Table 65 after “Six Months Ended June 30, 2026 and 2025”
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| ComEd | PECO | | BGE | PHI | Other(a) | | Intersegment Eliminations | Exelon | | |
| Operating revenues(b): | | | | | | | | | | | |
| 2026 | | | | | | | | | | | |
| Electric revenues | $3,898 | | $2,023 | | $2,295 | | $3,580 | | $— | $(23) | $11,773 |
| Natural gas revenues | — | | 531 | | 751 | | 157 | | — | (3) | 1,436 |
| Shared service and other revenues | — | | — | | — | | 5 | | 959 | (964) | — |
| Total operating revenues | $3,898 | | $2,554 | | $3,046 | | $3,742 | | $959 | $(990) | $13,209 |
| 2025 | | | | | | | |
| Electric revenues | $3,901 | $1,836 | $1,861 | $3,232 | $— | $(26) | $10,804 |
| Natural gas revenues | — | 497 | 722 | 120 | — | (2) | 1,337 |
| Shared service and other revenues | — | — | — | 5 | 934 | (939) | — |
| Total operating revenues | $3,901 | $2,333 | $2,583 | $3,357 | $934 | $(967) | $12,141 |
| Less: | | | | | | | |
| Purchased power | | | | | | | |
| 2026 | $1,031 | $803 | $1,152 | $1,529 | $— | $— | $4,515 |
First 8 of 20 rows. The CSV has all of them.
| 2025 | 767 | 221 | 318 | 467 | 32 | — | 1,805 |
| Taxes other than income taxes | | | | | | | |
| 2026 | $212 | $131 | $200 | $296 | $27 | $— | $866 |
| 2025 | 196 | 115 | 181 | 276 | 20 | — | 788 |
| (Gain) on sale of assets | | | | | | | |
| 2026 | $— | $— | $— | $— | $— | $— | $— |
| 2025 | — | — | — | (1) | — | — | (1) |
| Interest expense, net(c) | | | | | | | |
First 8 of 32 rows. The CSV has all of them.
| Pepco | DPL | | ACE | Other(a) | Intersegment Eliminations | | PHI | | |
| Operating revenues(b): | | | | | | | | | | |
| 2026 | | | | | | | | | | |
| Electric revenues | $1,849 | | $919 | | $822 | | $— | | $(10) | $3,580 |
| Natural gas revenues | — | | 157 | | — | | — | | — | 157 |
| Shared service and other revenues | — | — | — | 229 | (224) | 5 |
| Total operating revenues | $1,849 | $1,076 | $822 | $229 | $(234) | $3,742 |
| 2025 | | | | | | |
| Electric revenues | $1,635 | $849 | $757 | $— | $(9) | $3,232 |
| Natural gas revenues | — | 120 | — | — | — | 120 |
| Shared service and other revenues | — | — | — | 217 | (212) | 5 |
| Total operating revenues | $1,635 | $969 | $757 | $217 | $(221) | $3,357 |
| Less: | | | | | | |
First 8 of 48 rows. The CSV has all of them.
| Capital expenditures | | | | | | |
| 2026 | $517 | $300 | $240 | $5 | $— | $1,062 |
| 2025 | 469 | 277 | 196 | 166 | — | 1,108 |
| Total assets | | | | | | |
| June 30, 2026 | $12,951 | $6,824 | $5,795 | $4,586 | $(148) | $30,008 |
| December 31, 2025 | 12,728 | 6,789 | 5,632 | 4,602 | (36) | 29,715 |
Table 71 after “The following tables disaggregate the Registrants' revenues recognized from contracts with customers into categories that depict how the nat”
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| Six Months Ended June 30, 2026 | | | | | | | | | | |
| Revenues from contracts with customers | ComEd | PECO | | BGE | PHI | Pepco | | DPL | ACE | | |
| Electric revenues | | | | | | | | | | | |
| Residential | $2,126 | | $1,326 | | $1,459 | | $1,960 | | $902 | $559 | $499 |
| Small commercial & industrial | 1,011 | | 329 | | 238 | | 373 | | 103 | 137 | 133 |
| Large commercial & industrial | 251 | | 172 | | 342 | | 793 | | 642 | 64 | 87 |
| Public authorities & electric railroads | 23 | | 17 | | 17 | | 40 | | 21 | 9 | 10 |
| Other(a) | 504 | | 154 | | 237 | | 458 | | 188 | 153 | 122 |
First 8 of 23 rows. The CSV has all of them.
| Six Months Ended June 30, 2025 | | | | | | | | | | |
| Revenues from contracts with customers | ComEd | PECO | | BGE | PHI | Pepco | | DPL | ACE | | |
| Electric revenues | | | | | | | | | | | |
| Residential | $2,087 | | $1,186 | | $1,145 | | $1,698 | | $772 | $508 | $418 |
| Small commercial & industrial | 1,153 | | 317 | | 199 | | 338 | | 99 | 128 | 111 |
| Large commercial & industrial | 472 | | 159 | | 284 | | 738 | | 581 | 60 | 97 |
| Public authorities & electric railroads | 29 | | 18 | | 17 | | 39 | | 20 | 9 | 10 |
| Other(a) | 461 | | 153 | | 230 | | 454 | | 176 | 148 | 134 |
First 8 of 23 rows. The CSV has all of them.
Table 73 after “The following tables present the rollforward of Allowance for Credit Losses on Customer Accounts Receivable.”
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| Three Months Ended June 30, 2026 | | | | | | | | | | | | |
| Exelon | ComEd(b) | | PECO(b)(c) | BGE(d) | PHI | | Pepco | DPL | ACE | | | |
| Balance at March 31, 2026 | $522 | | $130 | | $160 | | $101 | | $131 | | $76 | $24 | $31 |
| Plus: Current period provision (benefit) for expected credit losses | 46 | | (6) | | (1) | | 45 | | 8 | | 8 | (1) | 1 |
| Less: Write-offs, net of recoveries(a) | 60 | | 22 | | 17 | | 10 | | 11 | | 7 | 2 | 2 |
| Balance at June 30, 2026 | $508 | | $102 | | $142 | | $136 | | $128 | | $77 | $21 | $30 |
| Three Months Ended June 30, 2025 | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
First 8 of 12 rows. The CSV has all of them.
Table 74 after “For BGE, the increase in current period provision for expected credit losses when comparing to three months ended June 30, 2025, is primaril”
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| Six Months Ended June 30, 2026 | | | | | | | | | | | | |
| Exelon | ComEd(b) | | PECO(b)(c) | BGE(d) | PHI | | Pepco | DPL(e) | ACE(f) | | | |
| Balance at December 31, 2025 | $435 | | $115 | | $137 | | $68 | | $115 | | $69 | $19 | $27 |
| Plus: Current period provision for expected credit losses | 192 | | 26 | | 37 | | 88 | | 41 | | 25 | 7 | 9 |
| Less: Write-offs, net of recoveries(a) | 119 | | 39 | | 32 | | 20 | | 28 | | 17 | 5 | 6 |
| Balance at June 30, 2026 | $508 | | $102 | | $142 | | $136 | | $128 | | $77 | $21 | $30 |
| Six Months Ended June 30, 2025 | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
First 8 of 12 rows. The CSV has all of them.
Table 75 after “The following tables present the rollforward of Allowance for Credit Losses on Other Accounts Receivable.”
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| Three Months Ended June 30, 2026 | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE(b) | | | |
| Balance at March 31, 2026 | $102 | | $27 | | $22 | | $4 | | $49 | | $26 | $11 | $12 |
| Plus: Current period provision (benefit) for expected credit losses | 1 | | — | | (2) | | 1 | | 2 | | (1) | 1 | 2 |
| Less: Write-offs, net of recoveries(a) | 9 | | 2 | | 2 | | 2 | | 3 | | — | 1 | 2 |
| Balance at June 30, 2026 | $94 | | $25 | | $18 | | $3 | | $48 | | $25 | $11 | $12 |
| Three Months Ended June 30, 2025 | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
First 8 of 12 rows. The CSV has all of them.
Table 76 after “For ACE, the increase in current provision for expected credit losses when comparing to three months ended June 30, 2025, is primarily the r”
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| Six Months Ended June 30, 2026 | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL(b) | ACE | | | |
| Balance at December 31, 2025 | $94 | | $23 | | $18 | | $4 | | $49 | | $26 | $10 | $13 |
| Plus: Current period provision for expected credit losses | 18 | | 8 | | 4 | | 2 | | 4 | | — | 2 | 2 |
| Less: Write-offs, net of recoveries(a) | 18 | | 6 | | 4 | | 3 | | 5 | | 1 | 1 | 3 |
| Balance at June 30, 2026 | $94 | | $25 | | $18 | | $3 | | $48 | | $25 | $11 | $12 |
| Six Months Ended June 30, 2025 | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
First 8 of 12 rows. The CSV has all of them.
Table 77 after “The following table provides additional information about unbilled customer revenues recorded in the Registrants' Consolidated Balance Sheet”
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| Unbilled customer revenues(a) | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| June 30, 2026 | $1,073 | | $367 | | $211 | | $206 | | $289 | | $147 | $67 | $75 |
| December 31, 2025 | 1,231 | | 301 | | 278 | | 325 | | 327 | | 155 | 100 | 72 |
Table 78 after “For the six months ended June 30, 2026 and 2025, the Utility Registrants were required, under separate legislation and regulations in Illino”
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| Total receivables purchased | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Six months ended June 30, 2026 | $2,333 | | $571 | | $707 | | $325 | | $730 | | $472 | $132 | $126 |
| Six months ended June 30, 2025 | 2,054 | | 464 | | 598 | | 375 | | 617 | | 383 | 126 | 108 |
Table 79 after “The effective income tax rate from continuing operations varies from the U.S. federal statutory rate principally due to the following:”
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| Three Months Ended June 30, 2026(a)(b) | | | | | | | | | |
| Exelon | ComEd | | PECO(c) | BGE | | | | | |
| U.S. Federal statutory rate | $104 | | 21.0% | | $70 | 21.0% | $26 | 21.0% | $15 | 21.0% |
| Increase (decrease) due to: | | | | | | | | | | |
| State income taxes, net of Federal income tax benefit | 31 | | 6.3 | | 25 | 7.5 | (1) | (0.8) | 4 | 5.6 |
| Tax credits | (2) | | (0.4) | | (2) | (0.6) | — | — | — | — |
| Change in Unrecognized Tax Benefits | — | | — | | — | — | — | — | — | — |
| Nontaxable or nondeductible items | 5 | | 0.9 | | — | — | 1 | 0.3 | 1 | 1.2 |
First 8 of 13 rows. The CSV has all of them.
| Three Months Ended June 30, 2026(a)(b) | | | | | | | | | |
| PHI | PEPCO | | DPL | ACE | | | | | |
| U.S. Federal statutory rate | $30 | | 21.0% | | $17 | 21.0% | $7 | 21.0% | $6 | 21.0% |
| Increase (decrease) due to: | | | | | | | | | | |
| State income taxes, net of Federal income tax benefit | 9 | | 6.4 | | 5 | 6.1 | 3 | 8.8 | 2 | 5.7 |
| Tax credits | — | | — | | — | — | — | — | — | — |
| Change in Unrecognized Tax Benefits | — | | — | | — | — | — | — | — | — |
| Nontaxable or nondeductible items | 1 | | 1.0 | | — | — | — | — | — | — |
First 8 of 13 rows. The CSV has all of them.
| Three Months Ended June 30, 2025(a)(b) | | | | | | | | | |
| Exelon | ComEd(d) | | PECO(c) | BGE | | | | | |
| U.S. Federal statutory rate | $96 | | 21.0% | | $59 | 21.0% | $29 | 21.0% | $15 | 21.0% |
| Increase (decrease) due to: | | | | | | | | | | |
| State income taxes, net of Federal income tax benefit | 28 | | 6.1 | | 21 | 7.6 | (2) | (1.4) | 4 | 5.9 |
| Tax credits | (2) | | (0.4) | | (2) | (0.7) | — | — | (1) | (1.4) |
| Nontaxable or nondeductible items | 1 | | 0.2 | | (1) | (0.4) | 1 | 0.7 | — | — |
| Other Adjustments | | | | | | | | | | |
First 8 of 12 rows. The CSV has all of them.
| Three Months Ended June 30, 2025(a)(b) | | | | | | | | | |
| PHI | PEPCO | | DPL | ACE | | | | | |
| U.S. Federal statutory rate | $39 | | 21.0% | | $22 | 21.0% | $10 | 21.0% | $7 | 21.0% |
| Increase (decrease) due to: | | | | | | | | | | |
| State income taxes, net of Federal income tax benefit | 13 | | 7.0 | | 6 | 5.7 | 3 | 5.0 | 2 | 6.3 |
| Tax credits | (1) | | (0.5) | | — | — | — | — | — | — |
| Nontaxable or nondeductible items | — | | — | | — | — | — | — | — | — |
| Other Adjustments | | | | | | | | | | |
First 8 of 12 rows. The CSV has all of them.
| Six Months Ended June 30, 2026(a)(b) | | | | | | | | | |
| Exelon | ComEd | | PECO(c) | BGE | | | | | |
| U.S. Federal statutory rate | $339 | | 21.0% | | $156 | 21.0% | $88 | 21.0% | $94 | 21.0% |
| Increase (decrease) due to: | | | | | | | | | | |
| State income taxes, net of Federal income tax benefit | 95 | | 5.9 | | 55 | 7.4 | (4) | (1.0) | 27 | 6.0 |
| Tax credits | (5) | | (0.3) | | (3) | (0.4) | — | — | (1) | (0.2) |
| Change in Unrecognized Tax Benefits | (17) | | (1.1) | | (2) | (0.3) | — | — | (1) | (0.2) |
| Nontaxable or nondeductible items | 16 | | 1.0 | | 1 | 0.2 | 1 | 0.3 | 1 | 0.2 |
First 8 of 13 rows. The CSV has all of them.
| Six Months Ended June 30, 2026(a)(b) | | | | | | | | | |
| PHI | PEPCO | | DPL | ACE | | | | | |
| U.S. Federal statutory rate | $75 | | 21.0% | | $35 | 21.0% | $28 | 21.0% | $14 | 21.0% |
| Increase (decrease) due to: | | | | | | | | | | |
| State income taxes, net of Federal income tax benefit | 23 | | 6.4 | | 10 | 6.0 | 9 | 6.7 | 5 | 7.6 |
| Tax credits | (1) | | (0.3) | | — | — | — | — | — | — |
| Change in Unrecognized Tax Benefits | — | | — | | — | — | — | — | — | — |
| Nontaxable or nondeductible items | 1 | | 0.3 | | — | — | — | — | — | — |
First 8 of 13 rows. The CSV has all of them.
| Six Months Ended June 30, 2025(a)(b) | | | | | | | | | |
| Exelon | ComEd(d) | | PECO(c) | BGE | | | | | |
| U.S. Federal statutory rate | $323 | | 21.0% | | $136 | 21.0% | $88 | 21.0% | $84 | 21.0% |
| Increase (decrease) due to: | | | | | | | | | | |
| State income taxes, net of Federal income tax benefit | 85 | | 5.5 | | 49 | 7.6 | (12) | (2.9) | 25 | 6.3 |
| Tax credits | (7) | | (0.5) | | (4) | (0.6) | — | — | (2) | (0.5) |
| Nontaxable or nondeductible items | 5 | | 0.4 | | — | — | 1 | 0.3 | — | — |
| Other Adjustments | | | | | | | | | | |
First 8 of 12 rows. The CSV has all of them.
| Six Months Ended June 30, 2025(a)(b) | | | | | | | | | |
| PHI | PEPCO | | DPL | ACE | | | | | |
| U.S. Federal statutory rate | $92 | | 21.0% | | $48 | 21.0% | $29 | 21.0% | $16 | 21.0% |
| Increase (decrease) due to: | | | | | | | | | | |
| State income taxes, net of Federal income tax benefit | 29 | | 6.7 | | 14 | 6.1 | 9 | 6.3 | 5 | 6.6 |
| Tax credits | (2) | | (0.5) | | (1) | (0.4) | — | — | — | — |
| Nontaxable or nondeductible items | 1 | | 0.3 | | 1 | 0.4 | — | — | — | — |
| Other Adjustments | | | | | | | | | | |
First 8 of 12 rows. The CSV has all of them.
Table 87 after “Exelon, PHI and DPL have the following unrecognized tax benefits at June 30, 2026 and December 31, 2025. ComEd's, PECO's, BGE's, Pepco's, an”
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| Exelon(a) | PHI | | DPL | |
| June 30, 2026 | $87 | | $52 | | $16 |
| December 31, 2025 | 100 | | 48 | | 12 |
| Pension Benefits | OPEB | | | | |
| Three Months Ended June 30, | Three Months Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Components of net periodic benefit cost | | | | | | |
| Service cost | $40 | | $39 | | $7 | $6 |
| Interest cost | 142 | | 147 | | 25 | 25 |
| Expected return on assets | (176) | | (178) | | (21) | (21) |
| Amortization of: | | | | | | |
First 8 of 22 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| Pension and OPEB Costs | 2026 | 2025 | | 2026 | 2025 | |
| Exelon | $64 | | $68 | | $129 | $136 |
| ComEd | 27 | | 21 | | 54 | 42 |
| PECO | 4 | | 1 | | 8 | 3 |
| BGE | 7 | | 14 | | 14 | 30 |
| PHI | 21 | | 24 | | 41 | 49 |
| Pepco | 7 | | 10 | | 14 | 18 |
First 8 of 10 rows. The CSV has all of them.
Table 90 after “The Registrants participate in a 401(k) defined contribution savings plan that is sponsored by Exelon. The plan is qualified under applicabl”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| Savings Plan Employer Contributions | 2026 | 2025 | | 2026 | 2025 | |
| Exelon | $32 | | $30 | | $64 | $56 |
| ComEd | 13 | | 12 | | 24 | 22 |
| PECO | 5 | | 4 | | 9 | 8 |
| BGE | 3 | | 3 | | 6 | 6 |
| PHI | 7 | | 5 | | 12 | 10 |
| Pepco | 2 | | 2 | | 3 | 3 |
First 8 of 10 rows. The CSV has all of them.
| Derivatives Designated as Hedging Instruments | | |
| June 30, 2026 | December 31, 2025 | |
| Other current assets | $— | | $3 |
| Other deferred debits (noncurrent assets) | 3 | | — |
| Total derivative assets | 3 | | 3 |
| Mark-to-market derivative liabilities (current liabilities) | — | | (4) |
| Mark-to-market derivative liabilities (noncurrent liabilities) | — | | — |
| Total mark-to-market derivative liabilities | — | | (4) |
First 8 of 9 rows. The CSV has all of them.
Table 92 after “The following table provides the notional amounts outstanding held by Exelon at June 30, 2026 and December 31, 2025.”
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| June 30, 2026 | December 31, 2025 | |
| 5-year maturity floating-to-fixed swaps | $60 | | $335 |
| 10-year maturity floating-to-fixed swaps | 150 | | 365 |
| Total | $210 | | $700 |
Table 93 after “The following table reflects the Registrants' cash collateral held from external counterparties, which is recorded in Other current liabilit”
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| June 30, 2026 | December 31, 2025 | |
| Exelon | $244 | | $223 |
| ComEd | 221 | | 192 |
| PECO | 6 | | 6 |
| BGE | 2 | | 4 |
| PHI | 15 | | 21 |
| Pepco | 13 | | 13 |
| DPL | 2 | | 3 |
First 8 of 9 rows. The CSV has all of them.
Table 94 after “The following table reflects the Registrants' commercial paper programs supported by the revolving credit agreements at June 30, 2026 and De”
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| Outstanding Commercial Paper at | Average Interest Rate on Commercial Paper Borrowings at | | | | |
| Commercial Paper Issuer | June 30, 2026 | December 31, 2025 | | June 30, 2026 | December 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% |
First 8 of 10 rows. The CSV has all of them.
Table 95 after “On August 29, 2024, Exelon Corporate and each of the Utility Registrants amended and restated their respective syndicated revolving credit f”
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| Borrower | Aggregate Bank Commitment | Interest 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% |
Table 96 after “During the six months ended June 30, 2026, the following long-term debt was issued:”
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| Company | Type | Interest Rate | Maturity | Amount | Use of Proceeds |
| Exelon | Senior Notes | 4.95% | March 15, 2036 | $775 | Repay existing indebtedness and for general corporate purposes. |
| ComEd | First Mortgage Bonds | 4.55% | June 1, 2031 | 600 | Repay existing indebtedness and for general corporate purposes. |
| ComEd | First Mortgage Bonds | 5.85% | June 1, 2056 | 825 | Repay existing indebtedness and for general corporate purposes. |
| BGE | Notes | 5.15% | June 1, 2033 | 500 | Repay existing indebtedness and for general corporate purposes. |
| BGE | Notes | 6.05% | June 1, 2056 | 425 | Repay existing indebtedness and for general corporate purposes. |
| Pepco | First Mortgage Bonds | 5.00% | March 19, 2036 | 110 | Repay existing indebtedness and for general corporate purposes. |
| Pepco | First Mortgage Bonds | 5.30% | March 19, 2041 | 60 | Repay existing indebtedness and for general corporate purposes. |
First 8 of 11 rows. The CSV has all of them.
Table 97 after “The carrying amounts of the Registrants’ short-term liabilities as presented in their Consolidated Balance Sheets are representative of thei”
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| June 30, 2026 | | December 31, 2025 | | | | | | | | | | | | | | | |
| Carrying Amount | | Fair Value | | Carrying Amount | | Fair Value | | | | | | | | | | | |
| | Level 1 | | Level 2 | | Level 3 | | Total | | Level 1 | Level 2 | Level 3 | | Total | | | | |
| Long-Term Debt, including amounts due within one year(a) | | | | | | | | | | | | | | | | | | |
| Exelon (b) | $51,040 | | | $— | | | $41,613 | | $4,723 | | $46,336 | | $49,078 | | $— | $40,637 | $4,318 | $44,955 |
| ComEd | 13,665 | | | — | | | 12,086 | | — | | 12,086 | | 12,753 | | — | 11,291 | — | 11,291 |
| PECO | 6,398 | | | — | | | 5,526 | | — | | 5,526 | | 6,396 | | — | 5,593 | — | 5,593 |
| BGE | 6,609 | | | — | | | 6,011 | | — | | 6,011 | | 6,041 | | — | 5,510 | — | 5,510 |
First 8 of 16 rows. The CSV has all of them.
| At June 30, 2026 | At December 31, 2025 | | | | | | | | | | | | |
| Level 1 | Level 2 | | Level 3 | | Total | Level 1 | | Level 2 | Level 3 | | Total | | |
| Assets | | | | | | | | | | | | | | |
| Cash equivalents(a) | $2,026 | | $— | | $— | | | $2,026 | | $825 | $— | | $— | $825 |
| Rabbi trust investments | | | | | | | | | | | | | | |
| Cash equivalents | 108 | | — | | — | | | 108 | | 101 | — | | — | 101 |
| Mutual funds | 77 | | — | | — | | | 77 | | 71 | — | | — | 71 |
| Fixed income | — | | 6 | | — | | | 6 | | — | 6 | | — | 6 |
First 8 of 22 rows. The CSV has all of them.
| ComEd | PECO | | BGE | | | | | | | | | | | | | | | | |
| At June 30, 2026 | Level 1 | Level 2 | | Level 3 | Total | Level 1 | | Level 2 | Level 3 | Total | | Level 1 | Level 2 | Level 3 | | Total | | | | |
| Assets | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents(a) | $949 | | $— | | $— | | $949 | | $2 | | $— | | $— | | $2 | | $1,006 | $— | $— | $1,006 |
| Rabbi trust investments | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents | — | | — | | — | | — | | 2 | | — | | — | | 2 | | — | — | — | — |
| Mutual funds | — | | — | | — | | — | | 14 | | — | | — | | 14 | | 16 | — | — | 16 |
| Life insurance contracts | — | | — | | — | | — | | — | | 25 | | — | | 25 | | — | — | — | — |
First 8 of 15 rows. The CSV has all of them.
| ComEd | PECO | | BGE | | | | | | | | | | | | | | | | |
| At December 31, 2025 | Level 1 | Level 2 | | Level 3 | Total | Level 1 | | Level 2 | Level 3 | Total | | Level 1 | Level 2 | Level 3 | | Total | | | | |
| Assets | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents(a) | $393 | | $— | | $— | | $393 | | $93 | | $— | | $— | | $93 | | $205 | $— | $— | $205 |
| Rabbi trust investments | | | | | | | | | | | | | | | | | | | | |
| Mutual funds | — | | — | | — | | — | | 13 | | — | | — | | 13 | | 10 | — | — | 10 |
| Life insurance contracts | — | | — | | — | | — | | — | | 25 | | — | | 25 | | — | — | — | — |
| Rabbi trust investments subtotal | — | | — | | — | | — | | 13 | | 25 | | — | | 38 | | 10 | — | — | 10 |
First 8 of 14 rows. The CSV has all of them.
| At June 30, 2026 | At December 31, 2025 | | | | | | | | | | | |
| PHI | Level 1 | Level 2 | | Level 3 | Total | Level 1 | | Level 2 | Level 3 | Total | | | |
| Assets | | | | | | | | | | | | | |
| Cash equivalents(a) | $34 | | $— | | $— | | $34 | | $83 | | $— | $— | $83 |
| Rabbi trust investments | | | | | | | | | | | | | |
| Cash equivalents | 103 | | — | | — | | 103 | | 99 | | — | — | 99 |
| Mutual funds | 9 | | — | | — | | 9 | | 9 | | — | — | 9 |
| Fixed income | — | | 6 | | — | | 6 | | — | | 6 | — | 6 |
First 8 of 15 rows. The CSV has all of them.
| Pepco | DPL | | ACE | | | | | | | | | | | | | | | | |
| At June 30, 2026 | Level 1 | Level 2 | | Level 3 | Total | Level 1 | | Level 2 | Level 3 | Total | | Level 1 | Level 2 | Level 3 | | Total | | | | |
| Assets | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents(a) | $32 | | $— | | $— | | $32 | | $2 | | $— | | $— | | $2 | | $— | $— | $— | $— |
| Rabbi trust investments | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents | 102 | | — | | — | | 102 | | — | | — | | — | | — | | — | — | — | — |
| Life insurance contracts | — | | 23 | | 19 | | 42 | | — | | — | | — | | — | | — | — | — | — |
| Rabbi trust investments subtotal | 102 | | 23 | | 19 | | 144 | | — | | — | | — | | — | | — | — | — | — |
First 8 of 13 rows. The CSV has all of them.
Table 103 after “Note 10 — Fair Value of Financial Assets and Liabilities”
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| Pepco | DPL | | ACE | | | | | | | | | | | | | | | | |
| At December 31, 2025 | Level 1 | Level 2 | | Level 3 | Total | Level 1 | | Level 2 | Level 3 | Total | | Level 1 | Level 2 | Level 3 | | Total | | | | |
| Assets | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents(a) | $33 | | $— | | $— | | $33 | | $3 | | $— | | $— | | $3 | | $— | $— | $— | $— |
| Rabbi trust investments | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents | 98 | | — | | — | | 98 | | — | | — | | — | | — | | — | — | — | — |
| Life insurance contracts | — | | 23 | | 20 | | 43 | | — | | — | | — | | — | | — | — | — | — |
| Rabbi trust investments subtotal | 98 | | 23 | | 20 | | 141 | | — | | — | | — | | — | | — | — | — | — |
First 8 of 13 rows. The CSV has all of them.
Table 104 after “The following tables present the fair value reconciliation of Level 3 assets and liabilities measured at fair value on a recurring basis dur”
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| Exelon | ComEd | | PHI and Pepco | |
| Three Months Ended June 30, 2026 | Total | Commodity Derivatives | | Life Insurance Contracts | |
| Balance at March 31, 2026 | $(112) | | $(133) | | $20 |
| Total realized / unrealized gains (losses) | | | | | |
| Included in net income(a) | — | | — | | — |
| Included in regulatory assets/liabilities(b) | 5 | | 5 | | — |
| Settlements | (2) | | — | | (1) |
| Balance at June 30, 2026(c) | $(109) | | $(128) | | $19 |
First 8 of 9 rows. The CSV has all of them.
Table 105 after “Note 10 — Fair Value of Financial Assets and Liabilities”
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| Exelon | ComEd | | PHI and Pepco | |
| Three Months Ended June 30, 2025 | Total | Commodity Derivatives | | Life Insurance Contracts | |
| Balance at March 31, 2025 | $(129) | | $(151) | | $21 |
| Total realized / unrealized gains (losses) | | | | | |
| Included in net income(a) | 1 | | — | | 1 |
| Included in regulatory assets/liabilities(b) | 16 | | 16 | | — |
| Balance at June 30, 2025(c) | $(112) | | $(135) | | $22 |
| The amount of total gains included in income attributed to the change in unrealized gains related to assets and liabilities at June 30, 2025 | $1 | | $— | | $1 |
Table 106 after “Note 10 — Fair Value of Financial Assets and Liabilities”
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| Exelon | ComEd | | PHI and Pepco | |
| Six Months Ended June 30, 2026 | Total | Commodity Derivatives | | Life Insurance Contracts | |
| Balance at December 31, 2025 | $(110) | | $(131) | | $20 |
| Total realized / unrealized gains (losses) | | | | | |
| Included in net income(a) | — | | — | | — |
| Included in regulatory assets/liabilities(b) | 3 | | 3 | | — |
| Settlements | (2) | | — | | (1) |
| Balance at June 30, 2026(c) | $(109) | | $(128) | | $19 |
First 8 of 9 rows. The CSV has all of them.
Table 107 after “Note 10 — Fair Value of Financial Assets and Liabilities”
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| Exelon | ComEd | | PHI and Pepco | |
| Six Months Ended June 30, 2025 | Total | Commodity Derivatives | | Life Insurance Contracts | |
| Balance at December 31, 2024 | $(110) | | $(132) | | $21 |
| Total realized / unrealized gains (losses) | | | | | |
| Included in net income(a) | 1 | | — | | 1 |
| Included in regulatory assets/liabilities(b) | (3) | | (3) | | — |
| Balance at June 30, 2025(c) | $(112) | | $(135) | | $22 |
| The amount of total gains included in income attributed to the change in unrealized gains related to assets and liabilities at June 30, 2025 | $1 | | $— | | $1 |
Table 108 after “The table below discloses the significant unobservable inputs to the forward curve used to value mark-to-market derivatives.”
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| Type of trade | Fair Value at June 30, 2026 | Fair Value at December 31, 2025 | | Valuation Technique | Unobservable Input | 2026 Range & Arithmetic Average | 2025 Range & Arithmetic Average | | | | | | | |
| Commodity derivatives | $(128) | | $(131) | | Discounted Cash Flow | Forward power price(a) | $24.82 | - | $68.10 | $40.37 | $29.75 | - | $61.84 | $41.95 |
Table 109 after “The following amounts represent total commitment costs that have been recorded since the acquisition date and the total remaining obligation”
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| Description | Exelon | PHI | | Pepco | DPL | ACE | | |
| Total commitments | $513 | | $320 | | $120 | | $89 | $111 |
| Remaining commitments(a) | 21 | | 19 | | 19 | | — | — |
Table 110 after “The Registrants’ commercial commitments at June 30, 2026, representing commitments potentially triggered by future events were as follows:”
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| | Expiration within | | | | | | | | | |
| Total | 2026 | | 2027 | 2028 | 2029 | | 2030 | 2031 and beyond | | |
| Exelon | | | | | | | | | | | |
| Letters of credit(a) | $59 | | $31 | | $28 | | $— | | $— | $— | $— |
| Surety bonds(b) | 468 | | 166 | | 137 | | 165 | | — | — | — |
| Financing trust guarantees(c) | 378 | | — | | — | | 78 | | — | — | 300 |
| Guaranteed lease residual values(d) | 24 | | — | | 1 | | 6 | | 4 | 4 | 9 |
| Total commercial commitments | $929 | | $197 | | $166 | | $249 | | $4 | $4 | $309 |
First 8 of 42 rows. The CSV has all of them.
Table 111 after “At June 30, 2026 and December 31, 2025, the Registrants had accrued the following undiscounted amounts for environmental liabilities in Accr”
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| June 30, 2026 | December 31, 2025 | | | | |
| Total Environmental Investigation and Remediation Liabilities | Portion of Total Related to MGP Investigation and Remediation | | Total Environmental Investigation and Remediation Liabilities | Portion of Total Related to MGP Investigation and Remediation | |
| Exelon | $362 | | $311 | | $386 | $321 |
| ComEd | 285 | | 285 | | 289 | 289 |
| PECO | 19 | | 16 | | 23 | 22 |
| BGE | 13 | | 10 | | 13 | 10 |
| PHI | 44 | | — | | 57 | — |
| Pepco | 43 | | — | | 55 | — |
First 8 of 10 rows. The CSV has all of them.
Table 112 after “Exelon issued the following shares of Common stock in the second quarter of 2026:”
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| Effective Period | Shares Issued(in millions) | Weighted-Average Net Price | Net Proceeds (a)(in millions) | |
| Q2 2026 (b) | 8.7 | $44.03 | | $382 |
Table 113 after “The following forward sale agreements were entered into under Exelon’s ATM program in the first quarter of 2026:”
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| Effective Period | Shares Available (in millions) | Weighted-Average Net Price | Maturity Date | |
| Q1 2026 | 5.4 | $47.67 | | July 30, 2027 |
| Q1 2026 | 6.4 | $48.68 | | September 2, 2027 |
Table 114 after “Additionally, the following forward sale agreements were entered into during the twelve months ended 2025 under Exelon’s ATM program and wer”
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| Effective Period | Shares Available (in millions) | Weighted-Average Net Price | Maturity Date | |
| Q2 2025 | 3.6 | $43.17 | | November 16, 2026 |
| Q3 2025 | 11.5 | $43.73 | | December 15, 2026 |
| Q4 2025 | 0.8 | $45.42 | | December 15, 2026 |
Table 115 after “The following table presents changes in Exelon's AOCI, net of tax, by component:”
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| Three Months Ended June 30, 2026 | Cash Flow Hedges | Pension and Non-Pension Postretirement Benefit Plan Items(a) | | Total | |
| Balance at March 31, 2026 | $28 | | $(784) | | $(756) |
| OCI before reclassifications | 2 | | (1) | | 1 |
| Amounts reclassified from AOCI | (2) | | 7 | | 5 |
| Net current-period OCI | — | | 6 | | 6 |
| Balance at June 30, 2026 | $28 | | $(778) | | $(750) |
Table 116 after “The following table presents changes in Exelon's AOCI, net of tax, by component:”
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| Three Months Ended June 30, 2025 | Cash Flow Hedges | Pension and Non-Pension Postretirement Benefit Plan Items(a) | | Total | |
| Balance at March 31, 2025 | $37 | | $(755) | | $(718) |
| OCI before reclassifications | (4) | | 1 | | (3) |
| Amounts reclassified from AOCI | (2) | | 5 | | 3 |
| Net current-period OCI | (6) | | 6 | | — |
| Balance at June 30, 2025 | $31 | | $(749) | | $(718) |
Table 117 after “The following table presents changes in Exelon's AOCI, net of tax, by component:”
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| Six Months Ended June 30, 2026 | Cash Flow Hedges | Pension and Non-Pension Postretirement Benefit Plan Items(a) | | Total | |
| Balance at December 31, 2025 | $33 | | $(795) | | $(762) |
| OCI before reclassifications | (2) | | 3 | | 1 |
| Amounts reclassified from AOCI | (3) | | 14 | | 11 |
| Net current-period OCI | (5) | | 17 | | 12 |
| Balance at June 30, 2026 | $28 | | $(778) | | $(750) |
Table 118 after “The following table presents changes in Exelon's AOCI, net of tax, by component:”
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| Six Months Ended June 30, 2025 | Cash Flow Hedges | Pension and Non-Pension Postretirement Benefit Plan Items(a) | | Total | |
| Balance at December 31, 2024 | $45 | | $(765) | | $(720) |
| OCI before reclassifications | (11) | | 5 | | (6) |
| Amounts reclassified from AOCI | (3) | | 11 | | 8 |
| Net current-period OCI | (14) | | 16 | | 2 |
| Balance at June 30, 2025 | $31 | | $(749) | | $(718) |
Table 119 after “The following table presents Income tax benefit (expense) allocated to each component of Exelon's Other comprehensive income (loss):”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Pension and non-pension postretirement benefit plans: | | | | | | |
| Actuarial losses reclassified to periodic benefit cost | $(2) | | $(2) | | $(4) | $(4) |
| Pension and non-pension postretirement benefit plans valuation adjustments | 1 | | — | | — | (2) |
| Unrealized gains on cash flow hedges | — | | — | | — | 2 |
Table 120 after “The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Operations ”
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| Taxes other than income taxes | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Three Months Ended June 30, 2026 | | | | | | | | | | | | | |
| Utility taxes(a) | $253 | | $86 | | $51 | | $27 | | $89 | | $81 | $7 | $1 |
| Property | 124 | | 10 | | 5 | | 63 | | 46 | | 30 | 15 | 1 |
| Payroll | 36 | | 9 | | 5 | | 4 | | 9 | | 2 | 1 | 1 |
| Three Months Ended June 30, 2025 | | | | | | | | | | | | | |
| Utility taxes(a) | $247 | | $79 | | $47 | | $33 | | $88 | | $80 | $7 | $1 |
First 8 of 18 rows. The CSV has all of them.
Table 121 after “Note 14 — Supplemental Financial Information”
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| Other, net | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Three Months Ended June 30, 2026 | | | | | | | | | | | | | |
| AFUDC — Equity | $63 | | $24 | | $11 | | $16 | | $12 | | $9 | $2 | $1 |
| Non-service net periodic benefit cost | (11) | | — | | — | | — | | — | | — | — | — |
| Three Months Ended June 30, 2025 | | | | | | | | | | | | | |
| AFUDC — Equity | $43 | | $14 | | $10 | | $9 | | $10 | | $8 | $1 | $1 |
| Non-service net periodic benefit cost | (13) | | — | | — | | — | | — | | — | — | — |
First 8 of 14 rows. The CSV has all of them.
Table 122 after “The following tables provide additional information about material items recorded in the Registrants' Consolidated Statements of Cash Flows.”
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| Depreciation, amortization, and accretion | | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | | |
| Six Months Ended June 30, 2026 | | | | | | | | | | | | | | |
| Property, plant, and equipment(a) | $1,605 | | $639 | | $246 | | $267 | | $427 | | $189 | $120 | ` | $116 |
| Amortization of regulatory assets and liabilities, net(a) | 315 | | 181 | | 1 | | 67 | | 64 | | 39 | 13 | | 12 |
| Amortization of intangible assets, net(a) | — | | — | | — | | — | | — | | — | — | | — |
| ARO accretion(b) | 1 | | — | | — | | — | | — | | — | — | | — |
| Total depreciation, amortization, and accretion | $1,921 | | $820 | | $247 | | $334 | | $491 | | $228 | $133 | | $128 |
First 8 of 14 rows. The CSV has all of them.
Table 123 after “Note 14 — Supplemental Financial Information”
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| Other non-cash operating activities | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Six Months Ended June 30, 2026 | | | | | | | | | | | | | |
| Pension and OPEB costs | $129 | | $54 | | $8 | | $14 | | $41 | | $14 | $7 | $5 |
| Allowance for credit losses | 171 | | 35 | | 48 | | 53 | | 35 | | 17 | 7 | 11 |
| True-up adjustments to decoupling mechanisms and formula rates(a) | 98 | | 46 | | (10) | | 18 | | 44 | | 14 | 5 | 25 |
| Amortization of operating ROU asset | 11 | | — | | — | | 3 | | 5 | | 1 | 2 | 1 |
| AFUDC — Equity | (120) | | (45) | | (21) | | (30) | | (24) | | (19) | (3) | (2) |
First 8 of 14 rows. The CSV has all of them.
Table 124 after “Note 14 — Supplemental Financial Information”
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| Cash, cash equivalents, and restricted cash | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Balance at June 30, 2026 | | | | | | | | | | | | | |
| Cash and cash equivalents | $1,813 | | $704 | | $39 | | $1,010 | | $47 | | $21 | $8 | $13 |
| Restricted cash and cash equivalents | 608 | | 533 | | — | | 4 | | 36 | | 31 | 2 | 2 |
| Restricted cash included in Other deferred debits and other assets | 9 | | 9 | | — | | — | | — | | — | — | — |
| Total cash, restricted cash, and cash equivalents | $2,430 | | $1,246 | | $39 | | $1,014 | | $83 | | $52 | $10 | $15 |
| Balance at December 31, 2025 | | | | | | | | | | | | | |
First 8 of 22 rows. The CSV has all of them.
Table 125 after “Note 14 — Supplemental Financial Information”
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| Accrued expenses | | | | | | | | | | | | |
| Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Balance at June 30, 2026 | | | | | | | | | | | | | |
| Compensation-related accruals(a) | $503 | | $140 | | $77 | | $69 | | $102 | | $29 | $21 | $15 |
| Taxes accrued | 224 | | 91 | | 6 | | 32 | | 88 | | 64 | 10 | 10 |
| Interest accrued | 583 | | 165 | | 75 | | 58 | | 99 | | 52 | 20 | 22 |
| Balance at December 31, 2025 | | | | | | | | | | | | | |
| Compensation-related accruals(a) | $705 | | $209 | | $96 | | $99 | | $125 | | $35 | $24 | $17 |
First 8 of 10 rows. The CSV has all of them.
Table 126 after “The following table presents the service company costs allocated to the Registrants:”
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| Operating and maintenance from affiliates | Capitalized costs | | | | | | | | | | | | | |
| Three Months Ended June 30, | Six Months Ended June 30, | | Three Months Ended June 30, | Six Months Ended June 30, | | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | 2026 | | 2025 | | 2026 | 2025 | | | | |
| Exelon | | | | | | | | | | | | | | | |
| BSC | | | | | | $117 | | | $162 | | $251 | | $323 | | |
| PHISCO | | | | | | 28 | | | 29 | | 51 | | 53 | | |
| ComEd | | | | | | | | | | | | | | | |
| BSC | $109 | | $100 | | $212 | | $200 | | | 51 | | 61 | | 111 | 124 |
First 8 of 24 rows. The CSV has all of them.
| | | Receivables from affiliates: | | | | | | | | | | | | | | | | | | | | | |
| Payables to affiliates: | | ComEd | | PECO | BGE | | Pepco | | DPL | ACE | | BSC | | PHISCO | Other | | Total | | | | | | |
| ComEd | | | | $— | | $— | | | $— | | $— | | | $— | | $69 | | | $— | | $6 | | $75 | |
| PECO | | $— | | | | — | | | — | | — | | | — | | 33 | | | — | | 3 | | 36 | |
| BGE | | — | | | — | | | | — | | — | | | — | | 38 | | | — | | 1 | | 39 | |
| PHI(a) | | — | | | — | | — | | | — | | — | | | — | | 6 | | | — | | 5 | | 11 |
| Pepco | | — | | | — | | — | | | | — | | | — | | 22 | | | 18 | | 1 | | 41 | |
| DPL | | — | | | — | | — | | | — | | | | — | | 14 | | | 13 | | 1 | | 28 | |
First 8 of 11 rows. The CSV has all of them.
| | | Receivables from affiliates: | | | | | | | | | | | | | | | | | | | | | |
| Payables to affiliates: | | ComEd | | PECO | BGE | | Pepco | | DPL | ACE | | BSC | | PHISCO | Other | | Total | | | | | | |
| ComEd | | | | $— | | $— | | | $— | | $— | | | $— | | $76 | | | $— | | $5 | | $81 | |
| PECO | | $— | | | | — | | | — | | — | | | — | | 33 | | | — | | 2 | | 35 | |
| BGE | | — | | | — | | | | — | | — | | | — | | 39 | | | — | | — | | 39 | |
| PHI(a) | | — | | | — | | — | | | — | | — | | | — | | 5 | | | 2 | | 11 | | 18 |
| Pepco | | — | | | — | | — | | | | — | | | — | | 25 | | | 11 | | 1 | | 37 | |
| DPL | | — | | | — | | — | | | — | | | | — | | 15 | | | 10 | | — | | 25 | |
First 8 of 11 rows. The CSV has all of them.
Table 129 after “The following table presents Long-term debt to financing trusts:”
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| June 30, 2026 | December 31, 2025 | | | | | | | | |
| Exelon | ComEd | | PECO | Exelon | ComEd | | PECO | | |
| ComEd Financing III | $206 | | $206 | | $— | | $206 | | $206 | $— |
| PECO Trust III | 81 | | — | | 81 | | 81 | | — | 81 |
| PECO Trust IV | 103 | | — | | 103 | | 103 | | — | 103 |
| Total | $390 | | $206 | | $184 | | $390 | | $206 | $184 |
Table 130 after “The following table sets forth Exelon's GAAP consolidated Net income attributable to common shareholders by Registrant for the three and six”
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| Three Months Ended June 30, | Favorable (Unfavorable) Variance | | Six Months Ended June 30, | | Favorable (Unfavorable) Variance | | | | |
| 2026 | 2025 | | | 2026 | | 2025 | | | |
| Exelon | $396 | | $391 | | | $5 | | $1,315 | $1,300 | $15 |
| ComEd | 249 | | 228 | | | 21 | | 559 | 530 | 29 |
| PECO | 119 | | 136 | | | (17) | | 397 | 402 | (5) |
| BGE | 55 | | 55 | | | — | | 353 | 315 | 38 |
| PHI | 109 | | 143 | | | (34) | | 278 | 337 | (59) |
| Pepco | 65 | | 84 | | | (19) | | 133 | 181 | (48) |
First 8 of 11 rows. The CSV has all of them.
Table 131 after “The following table provides a reconciliation between GAAP Net income attributable to common shareholders and Adjusted (non-GAAP) operating ”
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| Three Months Ended June 30, | | | | |
| 2026 | 2025 | | | |
| (In millions, except per share data) | | Earnings per Diluted Share | | Earnings per Diluted Share | |
| Net income attributable to common shareholders | $396 | | $0.39 | $391 | $0.39 |
| Cost management program (net of taxes of $16)(a) | 42 | | 0.04 | — | — |
| Income tax-related adjustments (entire amount represents tax expense)(b) | — | | — | 1 | — |
| Adjusted (non-GAAP) operating earnings | $438 | | $0.43 | $392 | $0.39 |
Table 132 after “The following table provides a reconciliation between GAAP Net income attributable to common shareholders and Adjusted (non-GAAP) operating ”
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| Six Months Ended June 30, | | | | |
| 2026 | 2025 | | | |
| (In millions, except per share data) | | Earnings per Diluted Share | | Earnings per Diluted Share | |
| Net income attributable to common shareholders | $1,315 | | $1.28 | $1,300 | $1.29 |
| Change in FERC audit liability (net of taxes of $1) | — | | — | 2 | — |
| Cost management program (net of taxes of $16 and $0, respectively)(a) | 42 | | 0.04 | (1) | — |
| Income tax-related adjustments (entire amount represents tax expense)(b) | — | | — | 1 | — |
| Regulatory matters (net of taxes of $4 and $7, respectively)(c) | 11 | | 0.01 | 22 | 0.02 |
First 8 of 9 rows. The CSV has all of them.
Table 133 after “Completed Distribution Base Rate Case Proceedings”
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| Registrant/Jurisdiction | | Filing Date | | Service | | Requested Revenue Requirement Increase | | Approved Revenue Requirement Increase | | Approved ROE | | Approval Date | | Rate Effective Date | | |
| ComEd - Illinois | | January 17, 2023 | | Electric | | $1,487 | | | $1,045 | | | 8.905% | | December 19, 2024 | | January 1, 2024 |
| April 26, 2024 (amended on September 11, 2024) | | Electric | | $624 | | | $623 | | | 9.89% | | October 31, 2024 | | January 1, 2025 | |
| PECO - Pennsylvania | | March 28, 2024 | | Electric | | $464 | | | $354 | | | N/A | | December 12, 2024 | | January 1, 2025 |
| | Natural Gas | | $111 | | | $78 | | | | | | | | | |
| BGE - Maryland | | February 17, 2023 | | Electric | | $313 | | | $179 | | | 9.50% | | December 14, 2023 | | January 1, 2024 |
| | Natural Gas | | $289 | | | $229 | | | 9.45% | | | | | | |
| Pepco - District of Columbia | | April 13, 2023 (amended February 27, 2024) | | Electric | | $186 | | | $123 | | | 9.50% | | November 26, 2024 | | January 1, 2025 |
First 8 of 13 rows. The CSV has all of them.
Table 134 after “Pending Distribution Base Rate Case Proceedings”
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| Registrant/Jurisdiction | Filing Date | Service | Requested Revenue Requirement Increase | Requested ROE | | Expected Approval Timing | |
| Pepco - Maryland | October 14, 2025 (amended April 16, 2026) | Electric | $120 | | 10.50% | | Third quarter of 2026 |
| DPL - Delaware | December 9, 2025 (amended June 1, 2026) | Electric | $45 | | 10.50% | | Third quarter of 2027 |
| BGE - Maryland | July 2, 2026 | Electric | $156 | | 10.40% | | First quarter of 2027 |
Table 135 after “Regulatory Matters of the Combined Notes to Consolidated Financial Statements for additional information.”
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| Registrant | Initial Revenue Requirement Increase (Decrease) | Annual Reconciliation (Decrease) Increase | | Total Revenue Requirement (Decrease) Increase | Allowed Return on Rate Base | Allowed ROE | | |
| ComEd | $31 | | $(52) | | $(21) | | 8.15% | 11.50% |
| PECO | $20 | | $20 | | $40 | | 7.62% | 10.35% |
| BGE | $16 | | $(40) | | $(30) | | 7.51% | 10.50% |
| Pepco | $12 | | $(21) | | $(9) | | 7.72% | 10.50% |
| DPL | $3 | | $1 | | $4 | | 7.53% | 10.50% |
| ACE | $1 | | $16 | | $17 | | 7.26% | 10.50% |
Table 136 after “Results of Operations — ComEd”
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| Three Months Ended June 30, | Favorable (Unfavorable) Variance | | Six Months Ended June 30, | | (Unfavorable) Favorable Variance | | | | |
| 2026 | 2025 | | | 2026 | | 2025 | | | |
| Operating revenues | $1,985 | | $1,836 | | | $149 | | $3,898 | $3,901 | $(3) |
| Operating expenses | | | | | | | | | | |
| Purchased power | 579 | | 550 | | | (29) | | 1,031 | 1,239 | 208 |
| Operating and maintenance | 449 | | 422 | | | (27) | | 886 | 845 | (41) |
| Depreciation and amortization | 416 | | 387 | | | (29) | | 820 | 767 | (53) |
| Taxes other than income taxes | 107 | | 97 | | | (10) | | 212 | 196 | (16) |
First 8 of 17 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase (Decrease) | |
| Distribution | $24 | | $16 |
| Transmission | 13 | | 33 |
| Energy efficiency | 14 | | 22 |
| Other | (8) | | (5) |
| 43 | | 66 |
| Regulatory required programs | 106 | | (69) |
First 8 of 9 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase (Decrease) | |
| Labor, other benefits, contracting, and materials | $19 | | $40 |
| Storm-related costs | (3) | | 9 |
| BSC costs | 9 | | 12 |
| Pension and non-pension postretirement benefits expense | 3 | | 5 |
| Other(a) | (7) | | (39) |
| 21 | | 27 |
First 8 of 10 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase | Increase | |
| Depreciation and amortization(a) | $16 | | $31 |
| Regulatory asset amortization | 13 | | 22 |
| Total increase | $29 | | $53 |
| Three Months Ended June 30, | Favorable (Unfavorable) Variance | | Six Months Ended June 30, | | Favorable (Unfavorable) Variance | | | | |
| 2026 | 2025 | | | 2026 | | 2025 | | | |
| Operating revenues | $1,062 | | $1,000 | | | $62 | | $2,554 | $2,333 | $221 |
| Operating expenses | | | | | | | | | | |
| Purchased power and fuel | 389 | | 339 | | | (50) | | 1,001 | 841 | (160) |
| Operating and maintenance | 300 | | 305 | | | 5 | | 636 | 631 | (5) |
| Depreciation and amortization | 125 | | 112 | | | (13) | | 247 | 221 | (26) |
| Taxes other than income taxes | 62 | | 54 | | | (8) | | 131 | 115 | (16) |
First 8 of 17 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | | | | | | | | |
| Increase (Decrease) | Increase (Decrease) | | | | | | | | |
| Electric | Gas | | Total | Electric | Gas | | Total | | |
| Weather | $6 | | $(1) | | $5 | | $14 | | $7 | $21 |
| Volume | (7) | | 1 | | (6) | | (10) | | 2 | (8) |
| Pricing | (1) | | (1) | | (2) | | 4 | | — | 4 |
| Transmission | 4 | | — | | 4 | | 16 | | — | 16 |
| Other(a) | 16 | | (1) | | 15 | | 40 | | 4 | 44 |
First 8 of 11 rows. The CSV has all of them.
Table 142 after “Heating and cooling degree-days are quantitative indices that reflect the demand for energy needed to heat or cool a home or business. Norma”
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| Three Months Ended June 30, | | | % Change | | | | | |
| PECO Service Territory | 2026 | 2025 | Normal | 2026 vs. 2025 | | 2026 vs. Normal | | | |
| Heating Degree-Days | 321 | 333 | | 415 | | (3.6)% | | (22.7)% | |
| Cooling Degree-Days | 526 | 425 | | 387 | | 23.8% | | 35.9% | |
| Six Months Ended June 30, | | | % Change | | | | | |
| 2026 | 2025 | | Normal | 2026 vs. 2025 | | 2026 vs. Normal | | |
| Heating Degree-Days | 2,720 | | 2,684 | | 2,774 | | 1.3% | | (1.9)% |
| Cooling Degree-Days | 536 | | 426 | | 388 | | 25.8% | | 38.1% |
Table 143 after “Electric volume, exclusive of the effects of weather, for the three and six months ended June 30, 2026 compared to the same period in 2025, ”
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| Electric Retail Deliveries to Customers (in GWhs) | Three Months Ended June 30, | | % Change | Weather -Normal% Change(b) | Six Months Ended June 30, | | % Change | Weather -Normal% Change(b) | | | |
| 2026 | | 2025 | | 2026 | 2025 | | | | | | |
| Residential | 3,042 | | 3,030 | 0.4% | | (1.8)% | | 6,994 | 6,889 | 1.5% | (0.7)% |
| Small commercial & industrial | 1,742 | | 1,832 | (4.9)% | | (3.6)% | | 3,752 | 3,778 | (0.7)% | (1.2)% |
| Large commercial & industrial | 3,426 | | 3,314 | 3.4% | | 2.4% | | 6,558 | 6,739 | (2.7)% | (3.9)% |
| Public authorities & electric railroads | 157 | | 163 | (3.7)% | | (3.6)% | | 333 | 352 | (5.4)% | (5.4)% |
| Total electric retail deliveries(a) | 8,367 | | 8,339 | 0.3% | | (0.5)% | | 17,637 | 17,758 | (0.7)% | (2.1)% |
Table 144 after “Electric volume, exclusive of the effects of weather, for the three and six months ended June 30, 2026 compared to the same period in 2025, ”
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| At June 30, | |
| Number of Electric Customers | 2026 | 2025 |
| Residential | 1,540,384 | 1,538,280 |
| Small commercial & industrial | 154,463 | 154,977 |
| Large commercial & industrial | 3,141 | 3,155 |
| Public authorities & electric railroads | 10,133 | 10,343 |
| Total | 1,708,121 | 1,706,755 |
| Natural Gas Deliveries to Customers (in mmcf) | Three Months Ended June 30, | | % Change | Weather -Normal% Change(b) | Six Months Ended June 30, | | % Change | Weather -Normal% Change(b) | | | |
| 2026 | | 2025 | | 2026 | 2025 | | | | | | |
| Residential | 4,525 | | 4,571 | (1.0)% | | 1.9% | | 26,961 | 26,405 | 2.1% | (-0.4)% |
| Small commercial & industrial | 3,072 | | 3,398 | (9.6)% | | (9.0)% | | 14,423 | 13,803 | 4.5% | 2.3% |
| Large commercial & industrial | 1 | | 2 | (50.0)% | | 2.3% | | (9) | 14 | (164.3)% | (10.5)% |
| Transportation | 6,578 | | 5,436 | 21.0% | | 25.6% | | 13,720 | 12,678 | 8.2% | 9.2% |
| Total natural gas deliveries(a) | 14,176 | | 13,407 | 5.7% | | 8.1% | | 55,095 | 52,900 | 4.1% | 2.5% |
| At June 30, | |
| Number of Natural Gas Customers | 2026 | 2025 |
| Residential | 511,121 | 509,671 |
| Small commercial & industrial | 44,494 | 44,646 |
| Large commercial & industrial | 7 | 7 |
| Transportation | 605 | 623 |
| Total | 556,227 | 554,947 |
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase (Decrease) | |
| Labor, other benefits, contracting and materials(a) | $29 | | $45 |
| BSC costs | 8 | | 13 |
| Pension and non-pension postretirement benefit expense | 1 | | 3 |
| Credit loss expense | (2) | | (4) |
| Storm-related costs | (32) | | (39) |
| Other | — | | 15 |
First 8 of 11 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase | Increase (Decrease) | |
| Depreciation and amortization(a) | $13 | | $27 |
| Regulatory asset amortization | — | | (1) |
| Total increase | $13 | | $26 |
| Three Months Ended June 30, | Favorable (Unfavorable) Variance | | Six Months Ended June 30, | | Favorable (Unfavorable) Variance | | | | |
| 2026 | 2025 | | | 2026 | | 2025 | | | |
| Operating revenues | $1,218 | | $1,029 | | | $189 | | $3,046 | $2,583 | $463 |
| Operating expenses | | | | | | | | | | |
| Purchased power and fuel | 545 | | 406 | | | (139) | | 1,353 | 1,016 | (337) |
| Operating and maintenance | 293 | | 264 | | | (29) | | 619 | 568 | (51) |
| Depreciation and amortization | 166 | | 154 | | | (12) | | 334 | 318 | (16) |
| Taxes other than income taxes | 96 | | 85 | | | (11) | | 200 | 181 | (19) |
First 8 of 17 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | | | | | |
| Increase (Decrease) | Increase (Decrease) | | | | | | | | |
| Electric | Gas | | Total | Electric | Gas | | Total | | |
| Distribution | $11 | | $7 | | $18 | | $15 | | $29 | $44 |
| Transmission | 3 | | — | | 3 | | 1 | | — | 1 |
| Other | 4 | | — | | 4 | | 13 | | 2 | 15 |
| 18 | | 7 | | 25 | | 29 | | 31 | 60 |
| Regulatory required programs | 183 | | (19) | | 164 | | 406 | | (3) | 403 |
First 8 of 9 rows. The CSV has all of them.
| At June 30, | | |
| Number of Electric Customers | 2026 | 2025 | |
| Residential | 1,230,523 | | 1,219,904 |
| Small commercial & industrial | 114,986 | | 115,316 |
| Large commercial & industrial | 13,430 | | 13,345 |
| Public authorities & electric railroads | 250 | | 257 |
| Total | 1,359,189 | | 1,348,822 |
| At June 30, | | |
| Number of Natural Gas Customers | 2026 | 2025 | |
| Residential | 664,257 | | 660,049 |
| Small commercial & industrial | 37,638 | | 37,806 |
| Large commercial & industrial | 6,406 | | 6,387 |
| Total | 708,301 | | 704,242 |
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase (Decrease) | |
| Credit loss expense | $25 | | $36 |
| BSC costs | 8 | | 11 |
| Storm-related costs | (4) | | (4) |
| Pension and non-pension postretirement benefits expense | (5) | | (10) |
| Labor, other benefits, contracting and materials(a) | (1) | | (17) |
| Other(b) | (19) | | (18) |
First 8 of 11 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase | Increase (Decrease) | |
| Depreciation and amortization | $8 | | $18 |
| Regulatory required programs(a) | 3 | | 6 |
| Regulatory asset amortization | 1 | | (8) |
| Total increase | $12 | | $16 |
Table 155 after “PHI’s Results of Operations include the results of its three reportable segments, Pepco, DPL, and ACE. PHI also has a business services subs”
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| Three Months Ended June 30, | Unfavorable Variance | | Six Months Ended June 30, | | (Unfavorable) Favorable Variance | | | | |
| 2026 | 2025 | | | 2026 | | 2025 | | | |
| PHI | $109 | | $143 | | | $(34) | | $278 | $337 | $(59) |
| Pepco | 65 | | 84 | | | (19) | | 133 | 181 | (48) |
| DPL | 26 | | 39 | | | (13) | | 103 | 108 | (5) |
| ACE | 22 | | 24 | | | (2) | | 49 | 56 | (7) |
| Other(a) | (4) | | (4) | | | — | | (7) | (8) | 1 |
Table 156 after “Results of Operations — Pepco”
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| Three Months Ended June 30, | | Favorable (Unfavorable) Variance | | Six Months Ended June 30, | Favorable (Unfavorable) Variance | | | |
| 2026 | | 2025 | | | 2026 | 2025 | | | |
| Operating revenues | $859 | | | $776 | | $83 | $1,849 | $1,635 | $214 |
| Operating expenses | | | | | | | | | |
| Purchased power | 316 | | | 256 | | (60) | 727 | 574 | (153) |
| Operating and maintenance | 190 | | | 155 | | (35) | 409 | 313 | (96) |
| Depreciation and amortization | 114 | | | 107 | | (7) | 228 | 212 | (16) |
| Taxes other than income taxes | 113 | | | 109 | | (4) | 231 | 222 | (9) |
First 8 of 18 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase | |
| Distribution | $7 | | $9 |
| Transmission | 2 | | 5 |
| Other | (3) | | 3 |
| 6 | | 17 |
| Regulatory required programs | 77 | | 197 |
| Total increase | $83 | | $214 |
| At June 30, | | |
| Number of Electric Customers in Maryland | 2026 | 2025 | |
| Residential | 561,146 | | 558,254 |
| Small commercial & industrial | 30,546 | | 30,512 |
| Large commercial & industrial | 19,083 | | 19,064 |
| Public authorities & electric railroads | 181 | | 177 |
| Total | 610,956 | | 608,007 |
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| (Decrease) Increase | Increase (Decrease) | |
| Maryland multi-year plan reconciliation(a) | $— | | $26 |
| Labor, other benefits, contracting, and materials(b) | 14 | 25 | |
| BSC and PHISCO costs | 9 | 13 | |
| Credit loss expense | (3) | | (3) |
| Pension and non-pension postretirement benefits expense | — | | (1) |
| Storm-related costs | (3) | | (1) |
First 8 of 12 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase | |
| Depreciation and amortization(a) | $6 | | $12 |
| Regulatory asset amortization | (1) | | — |
| Regulatory required programs(b) | 2 | | 4 |
| Total increase | $7 | | $16 |
| Three Months Ended June 30, | | Favorable (Unfavorable) Variance | | Six Months Ended June 30, | Favorable (Unfavorable) Variance | | | |
| 2026 | | 2025 | | | 2026 | 2025 | | | |
| Operating revenues | $454 | | | $421 | | $33 | $1,076 | $969 | $107 |
| Operating expenses | | | | | | | | | |
| Purchased power and fuel | 195 | | | 172 | | (23) | 483 | 419 | (64) |
| Operating and maintenance | 112 | | | 95 | | (17) | 231 | 201 | (30) |
| Depreciation and amortization | 67 | | | 63 | | (4) | 133 | 126 | (7) |
| Taxes other than income taxes | 24 | | | 20 | | (4) | 50 | 41 | (9) |
First 8 of 17 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | | | | | | | | |
| (Decrease) Increase | Increase (Decrease) | | | | | | | | |
| Electric | Gas | | Total | Electric | Gas | | Total | | |
| Weather | $— | | $— | | $— | | $2 | | $2 | $4 |
| Volume | — | | (1) | | (1) | | 1 | | (1) | — |
| Distribution | 2 | | — | | 2 | | 8 | | 10 | 18 |
| Transmission | 3 | | — | | 3 | | 5 | | — | 5 |
| Other | — | | — | | — | | — | | 1 | 1 |
First 8 of 11 rows. The CSV has all of them.
Table 163 after “Heating and cooling degree days are quantitative indices that reflect the demand for energy needed to heat or cool a home or business. Norma”
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| Three Months Ended June 30, | | | % Change | | | | |
| Delaware Electric Service Territory | 2026 | 2025 | | Normal | 2026 vs. 2025 | 2026 vs. Normal | | |
| Heating Degree-Days | 376 | | 373 | | 439 | | 0.8% | (14.4)% |
| Cooling Degree-Days | 404 | | 390 | | 349 | | 3.6% | 15.8% |
| Six Months Ended June 30, | | | % Change | | | | |
| Delaware Electric Service Territory | 2026 | 2025 | | Normal | 2026 vs. 2025 | 2026 vs. Normal | | |
| Heating Degree-Days | 2,906 | | 2,771 | | 2,844 | | 4.9% | 2.2% |
| Cooling Degree-Days | 412 | | 399 | | 350 | | 3.3% | 17.7% |
Table 164 after “Heating and cooling degree days are quantitative indices that reflect the demand for energy needed to heat or cool a home or business. Norma”
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| Three Months Ended June 30, | | | % Change | | | | |
| Delaware Natural Gas Service Territory | 2026 | 2025 | | Normal | 2026 vs. 2025 | 2026 vs. Normal | | |
| Heating Degree-Days | 376 | | 373 | | 476 | | 0.8% | (21.0)% |
| Six Months Ended June 30, | | | % Change | | | | |
| Delaware Natural Gas Service Territory | 2026 | 2025 | | Normal | 2026 vs. 2025 | 2026 vs. Normal | | |
| Heating Degree-Days | 2,906 | | 2,771 | | 2,925 | | 4.9% | (0.6)% |
Table 165 after “exclusive of the effects of weather, remained relatively consistent for the three and six months ended June 30, 2026 compared to the same pe”
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| Electric Retail Deliveries to Delaware Customers (in GWhs) | Three Months Ended June 30, | | % Change | | Weather - Normal% Change(b) | | Six Months Ended June 30, | | % Change | | Weather - Normal% Change(b) | | | | |
| 2026 | | 2025 | | | | 2026 | | 2025 | | | | | | | |
| Residential | 692 | | | 675 | | | 2.5% | | | 3.0% | | 1,666 | 1,605 | 3.8% | 1.9% |
| Small commercial & industrial | 354 | | | 369 | | | (4.1)% | | | (3.8)% | | 721 | 723 | (0.3)% | (1.0)% |
| Large commercial & industrial | 754 | | | 766 | | | (1.6)% | | | (1.3)% | | 1,441 | 1,456 | (1.0)% | (1.1)% |
| Public authorities & electric railroads | (16) | | | 9 | | | (277.8)% | | | (287.3)% | | (10) | 15 | (166.7)% | (163.3)% |
| Total electric retail deliveries(a) | 1,784 | | | 1,819 | | | (1.9)% | | | (1.6)% | | 3,818 | 3,799 | 0.5% | (0.5)% |
| At June 30, | | |
| Number of Total Electric Customers (Maryland and Delaware) | 2026 | 2025 | |
| Residential | 496,515 | | 492,999 |
| Small commercial & industrial | 65,710 | | 65,177 |
| Large commercial & industrial | 1,295 | | 1,253 |
| Public authorities & electric railroads | 626 | | 628 |
| Total | 564,146 | | 560,057 |
Table 167 after “Reflects the change in delivery volumes assuming normalized weather based on the historical 20-year average.”
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| Natural Gas Retail Deliveries to Delaware Customers (in mmcf) | Three Months Ended June 30, | | % Change | | Weather - Normal% Change(b) | | Six Months Ended June 30, | | % Change | | Weather - Normal% Change(b) | | | | |
| 2026 | | 2025 | | | | 2026 | | 2025 | | | | | | | |
| Residential | 729 | | | 803 | | | (9.2)% | | | (8.8)% | | 5,407 | 5,393 | 0.3% | (3.4)% |
| Small commercial & industrial | 482 | | | 535 | | | (9.9)% | | | (10.0)% | | 2,606 | 2,502 | 4.2% | —% |
| Large commercial & industrial | 400 | | | 405 | | | (1.2)% | | | (1.3)% | | 833 | 837 | (0.5)% | (0.5)% |
| Transportation | 1,270 | | | 1,282 | | | (0.9)% | | | (1.3)% | | 3,297 | 3,387 | (2.7)% | (4.3)% |
| Total natural gas deliveries(a) | 2,881 | | | 3,025 | | | (4.8)% | | | (5.1)% | | 12,143 | 12,119 | 0.2% | (2.7)% |
Table 168 after “Reflects the change in delivery volumes assuming normalized weather based on the historical 20-year average.”
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| At June 30, | | |
| Number of Delaware Natural Gas Customers | 2026 | 2025 | |
| Residential | 131,951 | | 131,332 |
| Small commercial & industrial | 10,207 | | 10,146 |
| Large commercial & industrial | 14 | | 14 |
| Transportation | 160 | | 161 |
| Total | 142,332 | | 141,653 |
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase (Decrease) | |
| Labor, other benefits, contracting, and materials(a) | $9 | | $12 |
| BSC and PHISCO costs | 5 | | 5 |
| Storm-related costs | (2) | | 3 |
| Credit loss expense | (1) | | (3) |
| Other | 1 | | 2 |
| 12 | | 19 |
First 8 of 10 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase | Increase (Decrease) | |
| Depreciation and amortization(a) | $4 | | $7 |
| Regulatory asset amortization | — | | (1) |
| Regulatory required programs(b) | — | | 1 |
| Total increase | $4 | | $7 |
| Three Months Ended June 30, | Favorable (Unfavorable) Variance | | Six Months Ended June 30, | | Favorable (Unfavorable) Variance | | | | |
| 2026 | 2025 | | | 2026 | | 2025 | | | |
| Operating revenues | $401 | | $384 | | | $17 | | $822 | $757 | $65 |
| Operating expenses | | | | | | | | | | |
| Purchased power | 187 | | 173 | | | (14) | | 392 | 329 | (63) |
| Operating and maintenance | 99 | | 95 | | | (4) | | 192 | 185 | (7) |
| Depreciation and amortization | 63 | | 62 | | | (1) | | 128 | 127 | (1) |
| Taxes other than income taxes | 3 | | 3 | | | — | | 5 | 5 | — |
First 8 of 17 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase | Increase | |
| Distribution | $8 | | $7 |
| Transmission | 6 | | 9 |
| Other | — | | — |
| 14 | | 16 |
| Regulatory required programs | 3 | | 49 |
| Total increase | $17 | | $65 |
| At June 30, | | |
| Number of Electric Customers | 2026 | 2025 | |
| Residential | 511,568 | | 508,775 |
| Small commercial & industrial | 63,070 | | 62,817 |
| Large commercial & industrial | 2,665 | | 2,803 |
| Public authorities & electric railroads | 767 | | 729 |
| Total | 578,070 | | 575,124 |
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase (Decrease) | |
| Labor, other benefits, contracting, and materials(a) | $8 | | $6 |
| BSC and PHISCO costs | 3 | | 4 |
| Storm-related costs | (1) | | 3 |
| Pension and non-pension postretirement benefits expense | — | | (1) |
| Credit Loss Expense | — | | (2) |
| Other | — | | 2 |
First 8 of 11 rows. The CSV has all of them.
| Three Months Ended June 30, 2026 | Six Months Ended June 30, 2026 | |
| Increase (Decrease) | Increase (Decrease) | |
| Depreciation and amortization(a) | $4 | | $5 |
| Regulatory asset amortization | 4 | | 8 |
| Regulatory required programs | (7) | | (12) |
| Total increase | $1 | | $1 |
Table 176 after “The following table provides a summary of the change in cash flows from operating activities for the six months ended June 30, 2026 and 2025”
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| Increase in cash flows from operating activities | Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Net income (loss) | $15 | | $29 | | $(5) | | $38 | | $(59) | | $(48) | $(5) | $(7) |
| Adjustments to reconcile net income to cash: | | | | | | | | | | | | | |
| Non-cash operating activities | 109 | | (113) | | 334 | | 161 | | 99 | | 56 | 19 | 38 |
| Collateral received, net | 58 | | 84 | | (6) | | (7) | | (14) | | (2) | (4) | (9) |
| Income taxes | (137) | | (11) | | (280) | | (175) | | (3) | | 19 | (12) | (9) |
| Pension and non-pension postretirement benefit contributions | (54) | | (32) | | (4) | | (7) | | (11) | | 2 | — | (12) |
| Regulatory assets and liabilities, net | (580) | | (704) | | (72) | | 106 | | 85 | | 39 | 18 | 25 |
First 8 of 10 rows. The CSV has all of them.
Table 177 after “The following table provides a summary of the change in cash flows from investing activities for the six months ended June 30, 2026 and 2025”
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| (Decrease) increase in cash flows from investing activities | Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Capital expenditures | $(599) | | $(482) | | $(132) | | $(18) | | $46 | | $(48) | $(23) | $(44) |
| Proceeds from sales of assets | (2) | | — | | — | | — | | (2) | | (2) | — | — |
| Changes in intercompany money pool | — | | — | | — | | — | | — | | (95) | — | — |
| Other investing activities | 3 | | 2 | | (11) | | — | | 1 | | — | 1 | 1 |
| (Decrease) increase in cash flows from investing activities | $(598) | | $(480) | | $(143) | | $(18) | | $45 | | $(145) | $(22) | $(43) |
| Increase (decrease) in cash flows from financing activities | Exelon | ComEd | | PECO | BGE | PHI | | Pepco | DPL | ACE | | | |
| Changes in short-term borrowings, net | $1,381 | | $36 | | $70 | | $175 | | $(280) | | $(252) | $13 | $(41) |
| Long-term debt, net | (993) | | 200 | | — | | (75) | | 50 | | 100 | (50) | — |
| Changes in intercompany money pool | — | | — | | — | | — | | 15 | | — | 47 | 48 |
| Issuance of common stock | 209 | | — | | — | | — | | — | | — | — | — |
| Dividends paid on common stock | (52) | | (30) | | — | | (31) | | — | | 37 | 4 | 4 |
| Distributions to member | — | | — | | — | | — | | 45 | | — | — | — |
| Contributions from parent/member | — | | 169 | | 4 | | 474 | | (116) | | 113 | (54) | (3) |
First 8 of 10 rows. The CSV has all of them.
Table 179 after “During the six months ended June 30, 2026, the following long-term debt was retired and/or redeemed:”
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| Company | Type | Interest Rate | Maturity | | Amount | |
| Exelon | Senior Notes | 3.40% | | April 15, 2026 | | $750 |
| ComEd | First Mortgage Bonds | 2.55% | | June 15, 2026 | | $500 |
| BGE | Senior Notes | 2.40% | | August 15, 2026 | | $350 |
| Period | Declaration Date | Shareholder of Record Date | Dividend Payable Date | Cash per Share(a) |
| First Quarter 2026 | February 12, 2026 | March 2, 2026 | March 13, 2026 | $0.4200 |
| Second Quarter 2026 | April 28, 2026 | June 4, 2026 | June 15, 2026 | $0.4200 |
| Third Quarter 2026 | July 28, 2026 | September 4, 2026 | September 15, 2026 | $0.4200 |
Table 181 after “On May 2, 2025, Exelon executed an equity distribution agreement ("2025 Equity Distribution Agreement"), with certain sales agents and forwa”
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| Effective Period | Shares Issued(in millions) | Weighted-Average Net Price | Net Proceeds (a)(in millions) | |
| Q2 2026 (b) | 8.7 | $44.03 | | $382 |
| Effective Period | Shares Available (in millions) | Weighted-Average Net Price | Maturity Date | |
| Q1 2026 | 5.4 | $47.67 | | July 30, 2027 |
| Q1 2026 | 6.4 | $48.68 | | September 2, 2027 |
Table 183 after “Additionally, the following forward sale agreements were entered into during the twelve months ended 2025 under Exelon’s ATM program and wer”
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| Effective Period | Shares Available (in millions) | Weighted-Average Net Price | Maturity Date | |
| Q2 2025 | 3.6 | $43.17 | | November 16, 2026 |
| Q3 2025 | 11.5 | $43.73 | | December 15, 2026 |
| Q4 2025 | 0.8 | $45.42 | | December 15, 2026 |
Table 184 after “The following table presents the incremental collateral that each Utility Registrant would have been required to provide in the event each U”
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| PJM Credit Policy Collateral | Other Incremental Collateral Required(a) | | Available Credit Facility Capacity Prior to Any Incremental Collateral | |
| ComEd | $25 | | $— | | $982 |
| PECO | 7 | | 26 | | 514 |
| BGE | 3 | | 16 | | 573 |
| Pepco | — | | — | | 297 |
| DPL | — | | 13 | | 267 |
| ACE | — | | — | | 297 |
| (In millions) | Transmission | Distribution | | Gas | Total(a) | | |
| Exelon | N/A | N/A | | N/A | $9,900 | | |
| ComEd | 1,100 | | 2,400 | | N/A | 3,500 | |
| PECO | 450 | | 1,325 | | 400 | | 2,175 |
| BGE | 1,075 | | 575 | | 525 | | 2,175 |
| PHI | 725 | | 1,250 | | 50 | | 2,050 |
| Pepco | 325 | | 650 | | N/A | 975 | |
| DPL | 225 | | 325 | | 50 | | 625 |
First 8 of 9 rows. The CSV has all of them.
Table 186 after “To provide an additional short-term borrowing option that will generally be more favorable to the borrowing participants than the cost of ex”
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| During the Six Months Ended June 30, 2026 | At June 30, 2026 | | | |
| Exelon Intercompany Money Pool | Maximum Contributed | Maximum Borrowed | | Contributed (Borrowed) | |
| Exelon Corporate | $502 | | $— | | $399 |
| PECO | 343 | | (63) | | — |
| BSC | — | | (461) | | (360) |
| PHI Corporate | — | | (134) | | (92) |
| PCI | 65 | | — | | 53 |
Table 187 after “To provide an additional short-term borrowing option that will generally be more favorable to the borrowing participants than the cost of ex”
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| During the Six Months Ended June 30, 2026 | At June 30, 2026 | | | |
| PHI Intercompany Money Pool | Maximum Contributed | Maximum Borrowed | | Contributed (Borrowed) | |
| Pepco | $116 | | $— | | $95 |
| DPL | — | | (85) | | (47) |
| ACE | — | | (66) | | (48) |
Table 188 after “The Utility Registrants are required to obtain short-term and long-term financing authority from Federal and State Commissions as follows:”
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| At June 30, 2026 | | | | | | | |
| Short-term Financing Authority | Remaining Long-term Financing Authority | | | | | | |
| Commission | Expiration Date | Amount | Commission | | Expiration Date | Amount | | |
| ComEd | FERC | December 31, 2027 | | $2,500 | | ICC | January 1, 2027, May 1, 2027, & January 1, 2029 | $2,968 |
| PECO | FERC | December 31, 2027 | | 1,500 | | PAPUC | December 31, 2027 | 1,850 |
| BGE | FERC | December 31, 2027 | | 900 | | MDPSC | N/A | 925 |
| Pepco(a) | FERC | December 31, 2027 | | 700 | | MDPSC / DCPSC | December 31, 2028 | 800 |
| DPL(a) | FERC | December 31, 2027 | | 700 | | MDPSC / DEPSC | December 31, 2028 | 625 |
First 8 of 9 rows. The CSV has all of them.
Table 189 after “The following table presents the maturity and source of fair value for Exelon’s and ComEd’s mark-to-market commodity contract net liabilitie”
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| Maturities Within | Total Fair Value | | | | | | | | | |
| Commodity derivative contracts(a): | 2026 | 2027 | | 2028 | 2029 | 2030 | | 2031 and Beyond | | | |
| Prices based on model or other valuation methods (Level 3) | $(9) | | $(23) | | $(23) | | $(23) | | $(22) | $(28) | $(128) |
| Baltimore Gas and Electric Company | | |
| Exhibit No. | Description | Location |
| 4-2 | Form of 5.150% Notes due 2033 issued May 22, 2026 by Baltimore Gas and Electric Company | File No. 001-01910, Form 8-K dated May 22, 2026, Exhibit 4.1 |
| 4-3 | Form of 6.050% Notes due 2056 issued May 22, 2026 by Baltimore Gas and Electric Company | File No. 001-01910, Form 8-K dated May 22, 2026, Exhibit 4.2 |
Table 191 after “Certifications Pursuant to Rule 13a-14(a) and 15d-14(a) of the Securities and Exchange Act of 1934 as to the Quarterly Report on Form 10-Q f”
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| Exelon Corporation | |
| Exhibit No. | Description |
| 31-1 | Filed by Calvin G. Butler, Jr. for Exelon Corporation |
| 31-2 | Filed by Jeanne M. Jones for Exelon Corporation |
| Commonwealth Edison Company | |
| Exhibit No. | Description |
| 31-3 | Filed by Gil C. Quiniones for Commonwealth Edison Company |
| 31-4 | Filed by Joshua S. Levin for Commonwealth Edison Company |
First 8 of 32 rows. The CSV has all of them.
| Exelon Corporation | |
| Exhibit No. | Description |
| 32-1 | Filed by Calvin G. Butler, Jr. for Exelon Corporation |
| 32-2 | Filed by Jeanne M. Jones for Exelon Corporation |
| Commonwealth Edison Company | |
| Exhibit No. | Description |
| 32-3 | Filed by Gil C. Quiniones for Commonwealth Edison Company |
| 32-4 | Filed by Joshua S. Levin for Commonwealth Edison Company |
First 8 of 39 rows. The CSV has all of them.