Exelon Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,768	2,460	2,328	2,170	1,706
Depreciation & Amortization	3,049	2,920	2,786	2,815	6,979
Other Amortization	594	676	720	718	594
Loss (Gain) on Sale of Assets	-3	-12	-10	-8	-
Loss (Gain) on Sale of Investments	-	-	-	221	-426
Asset Writedown	-	-	-	48	552
Change in Accounts Receivable	-1,691	-644	-37	-1,222	-703
Change in Inventory	-22	-56	-45	-121	-141
Change in Accounts Payable	260	-37	-191	1,318	440
Change in Income Taxes	121	-4	48	-4	327
Change in Other Net Operating Assets	-544	-454	-902	-1,638	-5,488
Other Operating Activities	1,722	720	6	573	-627
Net Cash from Discontinued Operations	-	-	-	-	-201
Operating Cash Flow	6,254	5,569	4,703	4,870	3,012
Operating Cash Flow Growth	12.30%	18.41%	-3.43%	61.69%	-28.88%
Capital Expenditures	-8,529	-7,097	-7,408	-7,147	-7,981
Sale of Property, Plant & Equipment	4	38	25	16	877
Contributions to Nuclear Demissioning Trust	-	-	-	-516	-6,673
Other Investing Activities	-	17	8	657	10,460
Investing Cash Flow	-8,525	-7,042	-7,375	-6,990	-3,317
Short-Term Debt Issued	-	150	400	2,286	1,649
Long-Term Debt Issued	6,075	4,974	5,825	6,309	3,481
Total Debt Issued	6,075	5,124	6,225	8,595	5,130
Short-Term Debt Repaid	-1,247	-814	-463	-1,500	-350
Long-Term Debt Repaid	-1,311	-1,557	-1,713	-2,073	-1,640
Total Debt Repaid	-2,558	-2,371	-2,176	-3,573	-1,990
Net Debt Issued (Repaid)	3,517	2,753	4,049	5,022	3,140
Issuance of Common Stock	727	191	181	599	80
Common Dividends Paid	-1,617	-1,524	-1,433	-1,334	-1,497
Other Financing Activities	-94	-109	-114	-2,696	-965
Financing Cash Flow	2,533	1,311	2,683	1,591	758
Net Cash Flow	262	-162	11	-529	453
Free Cash Flow	-2,275	-1,528	-2,705	-2,277	-4,969
Free Cash Flow Margin	-9.38%	-6.64%	-12.45%	-11.94%	-27.70%
Free Cash Flow Per Share	-2.25	-1.52	-2.71	-2.31	-5.07
Cash Interest Paid	2,021	1,849	1,616	1,434	1,505
Cash Income Tax Paid	12	81	10	73	281
Levered Free Cash Flow	-2,124	-2,027	-3,455	-2,457	3,179
Unlevered Free Cash Flow	-794.88	-812.88	-2,374	-1,553	3,984
Change in Working Capital	-1,876	-1,195	-1,127	-1,667	-5,565

Source: S&P Global Market Intelligence. Utility template. Financial Sources.