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	2,171	1,829
Depreciation & Amortization	3,643	3,596	3,506	3,533	7,573
Other Adjustments	1,741	708	-26	833	-825
Change in Receivables	-1,691	-644	-37	-1,222	-703
Changes in Inventories	-22	-56	-45	-121	-141
Changes in Accounts Payable	260	-37	-191	1,318	440
Changes in Income Taxes Payable	121	-4	48	-4	327
Changes in Other Operating Activities	-544	-454	-902	-1,638	-5,488
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	18	877
Purchases of Investments	-	-	-	-516	-6,673
Proceeds from Sale of Investments	-	-	-	488	6,532
Proceeds from Business Divestments	4	38	25	18	877
Other Investing Activities	-	17	8	169	3,928
Investing Cash Flow	-8,525	-7,042	-7,375	-6,990	-3,317
Short-Term Debt Issued	-747	-115	87	2,286	1,649
Short-Term Debt Repaid	-500	-549	-150	-1,500	-350
Net Short-Term Debt Issued (Repaid)	-1,247	-664	-63	786	1,299
Long-Term Debt Issued	6,075	4,974	5,825	6,309	3,481
Long-Term Debt Repaid	-1,311	-1,557	-1,713	-2,073	-1,640
Net Long-Term Debt Issued (Repaid)	4,764	3,417	4,112	4,236	1,841
Issuance of Common Stock	727	191	181	599	80
Net Common Stock Issued (Repurchased)	727	191	181	599	80
Common Dividends Paid	-1,617	-1,524	-1,433	-1,334	-1,497
Other Financing Activities	-841	-374	-427	-1,710	-696
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
FCF 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
Levered Free Cash Flow	1,214	1,161	1,385	3,133	-424
Unlevered Free Cash Flow	-741.11	-68.22	-1,526	-1,225	-2,650

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.