Exelon Corporation (EXC) financial statements (2020 and earlier)
Company profile
| Business Address |
PO BOX 805398 CHICAGO, IL 60680-5398 |
| State of Incorp. | PA |
| Fiscal Year End | December 31 |
| SIC | 4931 - Electric and Other Services Combined (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,683 | 1,349 | 898 | 635 | 6,502 | 1,878 | 1,609 | ||
| Cash and cash equivalents | 1,683 | 1,349 | 898 | 635 | 6,502 | 1,878 | 1,609 | ||
| Restricted cash and investments | 309 | 247 | 207 | 253 | 205 | ||||
| Receivables | 5,395 | 4,697 | 4,495 | 4,267 | 3,263 | 3,482 | 2,721 | ||
| Inventory, net of allowances, customer advances and progress billings | 325 | 334 | 340 | 364 | 462 | 1,024 | 829 | ||
| Inventory | 325 | 334 | 340 | 364 | 462 | 1,024 | 829 | ||
| Prepaid expense | 1,250 | ||||||||
| Contract with customer, asset | 170 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Derivative instruments and hedges, assets | 650 | 852 | 1,036 | 1,005 | 1,451 | 1,533 | 1,101 | ||
| Regulatory current assets | 1,194 | 1,222 | 1,267 | 1,342 | 759 | 847 | 760 | ||
| Disposal group, including discontinued operation | 18 | 904 | 4 | ||||||
| Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | 147 | |||
| Other current assets | 1,296 | 1,238 | 1,242 | 930 | 748 | 865 | 666 | ||
| Other undisclosed current assets | 1,166 | 2,517 | 2,349 | 2,366 | 1,940 | 2,321 | 2,451 | ||
| Total current assets: | 12,206 | 13,360 | 11,834 | 12,412 | 15,334 | 12,097 | 10,137 | ||
| Noncurrent Assets | |||||||||
| Nontrade receivables | 15 | ✕ | |||||||
| Property, plant and equipment | 78,593 | 76,707 | 74,202 | 71,555 | 57,439 | 52,087 | 47,330 | ||
| Long-term investments and receivables | 471 | 625 | 640 | 629 | 639 | 544 | 1,165 | ||
| Long-term investments | 471 | 625 | 640 | 629 | 639 | 544 | 1,165 | ||
| Intangible assets, net (including goodwill) | 6,677 | 6,677 | 6,677 | 6,398 | 2,672 | 3,410 | 3,042 | ||
| Goodwill | 6,677 | 6,677 | 6,677 | 6,677 | 2,672 | 2,672 | 2,625 | ||
| Intangible assets, net (excluding goodwill) | (279) | 738 | 417 | ||||||
| Derivative instruments and hedges | 840 | 824 | 732 | 939 | 1,242 | 1,322 | 1,317 | ||
| Regulated entity, other noncurrent assets | 20,828 | 19,898 | 21,293 | 21,307 | 16,407 | 16,613 | 13,981 | ||
| Assets held-in-trust | 113 | 206 | 319 | 458 | |||||
| Other noncurrent assets | 3,123 | 1,575 | 1,322 | 1,472 | 1,445 | 1,160 | 964 | ||
| Other undisclosed noncurrent assets | 64 | (738) | 1,530 | ||||||
| Total noncurrent assets: | 110,532 | 106,306 | 104,866 | 102,492 | 80,050 | 74,717 | 69,787 | ||
| TOTAL ASSETS: | 122,738 | 119,666 | 116,700 | 114,904 | 95,384 | 86,814 | 79,924 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,225 | 5,912 | 5,367 | 6,901 | 5,259 | 4,892 | 4,262 | ||
| Accounts payable | 3,348 | 3,800 | 3,532 | 3,441 | 2,883 | 3,048 | 2,314 | ||
| Accrued liabilities | 1,877 | 2,112 | 1,835 | 3,460 | 2,376 | 1,539 | 1,633 | ||
| Taxes payable | 305 | 315 | |||||||
| Debt | 5,267 | 2,063 | 3,017 | 3,697 | 2,033 | 2,262 | 1,765 | ||
| Derivative instruments and hedges, liabilities | 377 | 624 | 463 | 689 | 305 | 472 | 420 | ||
| Securities loaned | 17 | ||||||||
| Regulatory liability | 400 | 644 | 523 | 602 | 369 | 310 | 327 | ||
| Asset retirement obligation | 9 | ||||||||
| Due to related parties | 5 | 5 | 365 | 8 | 16 | ||||
| Disposal group, including discontinued operation | 11 | 777 | |||||||
| Deferred tax liabilities | ✕ | 40 | |||||||
| Other liabilities | 1,425 | 1,035 | 982 | 981 | 842 | 1,123 | 858 | ||
| Other undisclosed current liabilities | 375 | 344 | 79 | 579 | 294 | (297) | 30 | ||
| Total current liabilities: | 13,085 | 11,404 | 10,796 | 13,457 | 9,118 | 8,762 | 7,728 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 32,056 | 34,075 | 32,176 | 31,575 | 23,645 | 19,362 | 17,325 | ||
| Long-term debt, excluding current maturities | 32,056 | 34,075 | 32,176 | 31,575 | 23,645 | 19,362 | 17,325 | ||
| Liabilities, other than long-term debt | 29,919 | 27,892 | 28,495 | 23,742 | 21,034 | 20,917 | 17,542 | ||
| Deferred revenue and credits | ✕ | (724) | (732) | 658 | 622 | 555 | 490 | ||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 5,108 | 4,066 | ||
| Asset retirement obligations | 10,089 | 9,679 | 10,029 | 9,111 | 8,585 | 7,295 | 5,194 | ||
| Liability, pension and other postretirement and postemployment benefits | 5,741 | 5,916 | 5,829 | 6,096 | 5,003 | ✕ | |||
| Regulatory liability | 9,792 | 9,559 | 9,865 | 4,187 | 4,201 | 4,550 | 4,388 | ||
| Due to related parties | 390 | 390 | 389 | 641 | 641 | 648 | 298 | ||
| Other liabilities | 3,123 | 2,130 | 2,097 | 1,827 | 1,491 | 2,147 | 2,540 | ||
| Derivative instruments and hedges, liabilities | 784 | 942 | 1,018 | 1,222 | 491 | 614 | 566 | ||
| Other undisclosed noncurrent liabilities | 13,326 | 13,225 | 13,101 | 18,518 | 14,265 | 13,640 | 14,389 | ||
| Total noncurrent liabilities: | 75,301 | 75,192 | 73,772 | 73,835 | 58,944 | 53,919 | 49,256 | ||
| Total liabilities: | 88,386 | 86,596 | 84,568 | 87,292 | 68,062 | 62,681 | 56,984 | ||
| Temporary equity, carrying amount | 28 | ||||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 32,023 | 30,764 | 29,857 | 25,837 | 25,793 | 22,608 | 22,732 | ||
| Preferred stock | 193 | 193 | |||||||
| Common stock | 19,238 | 19,116 | 18,964 | 18,794 | 18,676 | 16,709 | 16,741 | ||
| Treasury stock, value | (123) | (123) | (123) | (2,327) | (2,327) | (2,327) | (2,327) | ||
| Accumulated other comprehensive loss | (2,963) | (2,995) | (2,487) | (2,660) | (2,624) | (2,684) | (2,040) | ||
| Retained earnings | 15,871 | 14,766 | 13,503 | 12,030 | 12,068 | 10,910 | 10,358 | ||
| Other undisclosed stockholders' equity attributable to parent | (193) | (193) | |||||||
| Stockholders' equity attributable to noncontrolling interest | 2,329 | 2,306 | 2,275 | 1,775 | 1,308 | 1,332 | 15 | ||
| Other undisclosed stockholders' equity | 193 | 193 | 193 | ||||||
| Total stockholders' equity: | 34,352 | 33,070 | 32,132 | 27,612 | 27,294 | 24,133 | 22,940 | ||
| TOTAL LIABILITIES AND EQUITY: | 122,738 | 119,666 | 116,700 | 114,904 | 95,384 | 86,814 | 79,924 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 34,910 | 35,985 | 33,531 | 31,360 | 29,447 | 27,429 | 24,888 | |
| Revenue, net | 9,760 | 19,168 | 16,180 | 15,045 | 11,061 | 23 | ||
| Cost of revenue | (3,920) | (16,670) | (14,035) | (12,640) | (13,084) | (12,477) | (9,477) | |
| Cost of goods and services sold | (6,715) | (16,670) | (14,035) | (12,640) | (13,084) | (12,477) | (9,477) | |
| Gross profit: | 30,990 | 19,315 | 19,496 | 18,720 | 16,363 | 14,952 | 15,411 | |
| Operating expenses | 4,571 | (25,039) | (21,242) | |||||
| Other undisclosed operating income (loss) | (31,440) | (15,417) | (15,236) | (15,608) | (11,954) | 13,183 | 9,487 | |
| Operating income: | 4,121 | 3,898 | 4,260 | 3,112 | 4,409 | 3,096 | 3,656 | |
| Nonoperating expense | (1,124) | (1,666) | (504) | (1,123) | (1,079) | (610) | (883) | |
| Other nonoperating income (expense) | 513 | (112) | 1,056 | 413 | (46) | 455 | 473 | |
| Interest and debt expense | (1,613) | (1,529) | (1,524) | (1,495) | (992) | (1,024) | (1,315) | |
| Income from continuing operations before equity method investments, income taxes: | 1,384 | 703 | 2,232 | 494 | 2,338 | 1,462 | 1,458 | |
| Income (loss) from equity method investments | (20) | 10 | ||||||
| Other undisclosed income from continuing operations before income taxes | 1,613 | 1,529 | 1,524 | 1,495 | 992 | 1,044 | 1,305 | |
| Income from continuing operations before income taxes: | 2,997 | 2,232 | 3,756 | 1,989 | 3,330 | 2,486 | 2,773 | |
| Income tax expense (benefit) | (484) | (120) | 125 | (761) | (1,073) | (666) | (1,044) | |
| Income before gain (loss) on sale of properties: | 2,513 | 2,112 | 3,881 | 1,228 | 2,257 | 1,820 | 1,729 | |
| Other undisclosed net loss | (188) | (28) | (32) | (24) | (7) | |||
| Net income: | 2,325 | 2,084 | 3,849 | 1,204 | 2,250 | 1,820 | 1,729 | |
| Net loss attributable to noncontrolling interest | (57) | (70) | ||||||
| Other undisclosed net income attributable to parent | 121 | |||||||
| Net income attributable to parent: | 2,389 | 2,084 | 3,849 | 1,134 | 2,250 | 1,820 | 1,729 | |
| Preferred stock dividends and other adjustments | (6) | |||||||
| Other undisclosed net income (loss) available to common stockholders, basic | (74) | (74) | (79) | 19 | (197) | (4) | ||
| Net income available to common stockholders, diluted: | 2,315 | 2,010 | 3,770 | 1,134 | 2,269 | 1,623 | 1,719 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 2,325 | 2,084 | 3,849 | 1,204 | 2,250 | 1,820 | 1,729 | |
| Other comprehensive income (loss) | (94) | 42 | 171 | (36) | 60 | (644) | 727 | |
| Comprehensive income: | 2,231 | 2,126 | 4,020 | 1,168 | 2,310 | 1,176 | 2,456 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (10) | (75) | (77) | (70) | ||||
| Comprehensive income, net of tax, attributable to parent: | 2,221 | 2,051 | 3,943 | 1,098 | 2,310 | 1,176 | 2,456 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.