SEC Info - Exelon Corp., et al. - ‘8-K’ for 2/14/23

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Exelon Corp., et al. – ‘8-K’ for 2/14/23

On: Tuesday, 2/14/23, at 6:53am ET · For: 2/14/23 · Accession #: 1109357-23-16 · File #s: 0-16844, 1-01072, 1-01405, 1-01839, 1-01910, 1-03559, 1-16169, 1-31403

  As Of               Filer                 Filing    For·On·As Docs:Size

 2/14/23  Exelon Corp.                      8-K:2,7,9   2/14/23   13:10M
          Baltimore Gas & Electric Co.
          Commonwealth Edison Co.
          Pepco Holdings LLC
          Peco Energy Co.
          Potomac Electric Power Co.
          Atlantic City Electric Co.
          Delmarva Power & Light Co./DE

Current Report — Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML    113K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML   1.58M 
 3: EX-99.2     Miscellaneous Exhibit                               HTML     84K 
 8: R1          Document and Entity Information Document            HTML     90K 
11: XML         IDEA XML File -- Filing Summary                      XML     15K 
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10: EXCEL       IDEA Workbook of Financial Reports                  XLSX     11K 
 5: EX-101.DEF  XBRL Definitions -- exc-20230214_def                 XML     69K 
 6: EX-101.LAB  XBRL Labels -- exc-20230214_lab                      XML    142K 
 7: EX-101.PRE  XBRL Presentations -- exc-20230214_pre               XML     67K 
 4: EX-101.SCH  XBRL Schema -- exc-20230214                          XSD     18K 
12: JSON        XBRL Instance as JSON Data -- MetaLinks               21±    31K 
13: ZIP         XBRL Zipped Folder -- 0001109357-23-000016-xbrl      Zip    144K

‘8-K’ — Current Report

This is an HTML Document rendered as filed. [ Alternative Formats ]

iX: C: C:

exc-20230214

i PA i 10 South Dearborn Street i P.O. Box 805379 i Chicago i IL i 60680-5379 i (800) i 483-3220 i IL i 10 South Dearborn Street i Chicago i IL i 60603-2300 i (312) i 394-4321 i PA i P.O. Box 8699 i 2301 Market Street i Philadelphia i PA i 19101-8699 i (215) i 841-4000 i MD i 2 Center Plaza i 110 West Fayette Street i Baltimore i MD i 21201-3708 i (410) i 234-5000 i DE i 701 Ninth Street, N.W. i Washington, District of Columbia i 20068-0001 i (202) i 872-2000 i DC i VA i 701 Ninth Street, N.W. i Washington, District of Columbia i 20068-0001 i (202) i 872-2000 i DE i VA i 500 North Wakefield Drive i Newark i DE i 19702-5440 i (202) i 872-2000 i NJ i 500 North Wakefield Drive i Newark i DE i 19702-5440 i (202) i 872-2000 i Common stock, without par value i EXC i Nasdaq i EXC/28 i NYSE i Cumulative Preferred Security, Series D, i 0001109357 i 0000022606 i 0000078100 i 0000009466 i 0001135971 i 0000079732 i 0000027879 i 0000008192 i False i ☐00011093572023-02-142023-02-140001109357exc:CommonwealthEdisonCoMember2023-02-142023-02-140001109357exc:PecoEnergyCoMember2023-02-142023-02-140001109357exc:BaltimoreGasAndElectricCompanyMember2023-02-142023-02-140001109357exc:PepcoHoldingsLLCMember2023-02-142023-02-140001109357exc:PotomacElectricPowerCompanyMember2023-02-142023-02-140001109357exc:DelmarvaPowerandLightCompanyMember2023-02-142023-02-140001109357exc:AtlanticCityElectricCompanyMember2023-02-142023-02-140001109357exc:PotomacElectricPowerCompanyMemberstpr:DC2023-02-142023-02-140001109357exc:PotomacElectricPowerCompanyMemberstpr:VA2023-02-142023-02-140001109357stpr:DEexc:DelmarvaPowerandLightCompanyMember2023-02-142023-02-140001109357exc:DelmarvaPowerandLightCompanyMemberstpr:VA2023-02-142023-02-14


			UNITED STATES SECURITIES AND EXCHANGE COMMISSION
			Washington, D.C. 20549
			FORM			i 8-K


			CURRENT REPORT
			Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
			i February 14, 2023
			Date of Report (Date of earliest event reported)

Commission
File Number

Name of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal Executive Offices; and Telephone Number

IRS Employer Identification Number

i 001-16169

i EXELON CORPORATION

i 23-2990190

(a Pennsylvania corporation)
10 South Dearborn Street
P.O. Box 805379
Chicago, Illinois 60680-5379
(800) 483-3220

i 001-01839

i COMMONWEALTH EDISON COMPANY

i 36-0938600

(an Illinois corporation)
10 South Dearborn Street
Chicago, Illinois 60603-2300
(312) 394-4321

i 000-16844

i PECO ENERGY COMPANY

i 23-0970240

(a Pennsylvania corporation)
P.O. Box 8699
2301 Market Street
Philadelphia, Pennsylvania 19101-8699
(215) 841-4000

i 001-01910

i BALTIMORE GAS AND ELECTRIC COMPANY

i 52-0280210

(a Maryland corporation)
2 Center Plaza
110 West Fayette Street
Baltimore, Maryland 21201-3708
(410) 234-5000

i 001-31403

i PEPCO HOLDINGS LLC

i 52-2297449

(a Delaware limited liability company)
701 Ninth Street, N.W.
Washington, District of Columbia 20068-0001
(202) 872-2000

i 001-01072

i POTOMAC ELECTRIC POWER COMPANY

i 53-0127880

(a District of Columbia and Virginia corporation)
701 Ninth Street, N.W.
Washington, District of Columbia 20068-0001
(202) 872-2000

i 001-01405

i DELMARVA POWER & LIGHT COMPANY

i 51-0084283

(a Delaware and Virginia corporation)
500 North Wakefield Drive
Newark, Delaware 19702-5440
(202) 872-2000

i 001-03559

i ATLANTIC CITY ELECTRIC COMPANY

i 21-0398280

(a New Jersey corporation)
500 North Wakefield Drive
Newark, Delaware 19702-5440
(202) 872-2000


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
i ☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i ☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i ☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i ☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

EXELON CORPORATION:

Common Stock, without par value

EXC

The Nasdaq Stock Market LLC

PECO ENERGY COMPANY:

Trust Receipts of PECO Energy Capital Trust III, each representing a 7.38% Cumulative Preferred Security, Series D, $25 stated value, issued by PECO Energy Capital, L.P. and unconditionally guaranteed by PECO Energy Company

EXC/28

New York Stock Exchange


Indicate by check mark whether any of the registrants are emerging growth companies as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐


If an emerging growth company, indicate by check mark if any of the registrants have elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 2 - Financial Information

Item 2.02. Results of Operations and Financial Condition.

Section 7 - Regulation FD

Item 7.01. Regulation FD Disclosure.

On February 14, 2023, Exelon Corporation (Exelon) announced via press release its results for the fourth quarter ended December 31, 2022. A copy of the press release and related attachments are attached hereto as Exhibit 99.1. Also attached as Exhibit 99.2 to this Current Report on Form 8-K are the presentation slides to be used at the fourth quarter 2022 earnings conference call. This Form 8-K and the attached exhibits are provided under Items 2.02, 7.01 and 9.01 of Form 8-K and are furnished to, but not filed with, the Securities and Exchange Commission.

Exelon has scheduled the conference call for 9:00 AM CT (10:00 AM ET) on February 14, 2023. Participants who would like to join the call to ask a question may register at the link found on the Investor Relations page of Exelon's website: www.exeloncorp.com. Media representatives are invited to participate on a listen-only basis. The call will be archived and available for replay.

Section 9 - Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.


Exhibit No.			Description
99.1			Press release and earnings release attachments
99.2			Earnings conference call presentation slides
101			Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104			Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

* * * * *

This combined Current Report on Form 8-K is being furnished separately by Exelon Corporation, Commonwealth Edison Company, PECO Energy Company, Baltimore Gas and Electric Company, Pepco Holdings LLC, Potomac Electric Power Company, Delmarva Power & Light Company, and Atlantic City Electric Company (Registrants). Information contained herein relating to any individual Registrant has been furnished by such Registrant on its own behalf. No Registrant makes any representation as to information relating to any other Registrant.

This Current Report contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Words such as “could,” “may,” “expects,” “anticipates,” “will,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “predicts,” “should,” and variations on such words, and similar expressions that reflect our current views with respect to future events and operational, economic, and financial performance, are intended to identify such forward-looking statements.

The factors that could cause actual results to differ materially from the forward-looking statements made by the Registrants include those factors discussed herein, as well as the items discussed in (1) the Registrants' Annual Report on Form 10-K filed with the SEC on February 25, 2022 in Part I, ITEM 1A. Risk Factors; (2) the Registrants' Current Report on Form 8-K filed with the SEC on June 30, 2022 to recast Exelon's consolidated financial statements and certain other financial information originally included in the 2021 Form 10-K in (a) Part II, ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations and (b) Part II, ITEM 8. Financial Statements and Supplementary Data: Note 17, Commitments and Contingencies; (3) the Registrants' Third Quarter 2022 Quarterly Report on Form 10-Q (filed on November 3, 2022) in (a) Part II, ITEM 1A. Risk Factors, (b) Part I, ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations, and (c) Part I, ITEM 1. Financial Statements: Note 13, Commitments and Contingencies; and (4) other factors discussed in filings with the SEC by the Registrants.

Investors are cautioned not to place undue reliance on these forward-looking statements, whether written or oral, which apply only as of the date of this report. None of the Registrants undertakes any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this Current Report.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			EXELON CORPORATION

			/s/ *Jeanne M. Jones*
			Jeanne M. Jones
			Executive Vice President and Chief Financial Officer
			Exelon Corporation

			COMMONWEALTH EDISON COMPANY

			/s/ *Elisabeth J. Graham*
			Elisabeth J. Graham
			Senior Vice President, Chief Financial Officer and Treasurer
			Commonwealth Edison Company

			PECO ENERGY COMPANY

			/s/ *Marissa Humphrey*
			Marissa Humphrey
			Senior Vice President, Chief Financial Officer and Treasurer
			PECO Energy Company

			BALTIMORE GAS AND ELECTRIC COMPANY

			/s/ *David M. Vahos*
			David M. Vahos
			Senior Vice President, Chief Financial Officer and Treasurer
			Baltimore Gas and Electric Company


			PEPCO HOLDINGS LLC

			/s/ *Phillip S. Barnett*
			Phillip S. Barnett
			Senior Vice President, Chief Financial Officer and Treasurer
			Pepco Holdings LLC

			POTOMAC ELECTRIC POWER COMPANY

			/s/ *Phillip S. Barnett*
			Phillip S. Barnett
			Senior Vice President, Chief Financial Officer and Treasurer
			Potomac Electric Power Company

			DELMARVA POWER & LIGHT COMPANY

			/s/ *Phillip S. Barnett*
			Phillip S. Barnett
			Senior Vice President, Chief Financial Officer and Treasurer
			Delmarva Power & Light Company

			ATLANTIC CITY ELECTRIC COMPANY

			/s/ *Phillip S. Barnett*
			Phillip S. Barnett
			Senior Vice President, Chief Financial Officer and Treasurer
			Atlantic City Electric Company

February 14, 2023

EXHIBIT INDEX


Exhibit No.			Description
99.1			Press release and earnings release attachments
99.2			Earnings conference call presentation slides
101			Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104			Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

Dates Referenced Herein and Documents Incorporated by Reference

This ‘8-K’ Filing	Date	Other Filings

Filed on / For Period end:	2/14/23
	12/31/22	4
	11/3/22	10-Q, 8-K
	6/30/22	10-Q, 13F-HR, 4, 8-K
	2/25/22	10-K, 8-K
		List all Filings

5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/27/24  Potomac Electric Power Co.        424B2                  2:548K                                   Toppan Merrill/FA
 2/26/24  Potomac Electric Power Co.        424B2                  1:544K                                   Toppan Merrill/FA
 2/23/24  Exelon Corp.                      424B2                  2:635K                                   Toppan Merrill/FA
 2/22/24  Exelon Corp.                      424B2                  1:626K                                   Toppan Merrill/FA
 2/20/24  Exelon Corp.                      POSASR      2/20/24    8:608K                                   Toppan Merrill/FA

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Filing Submission 0001109357-23-000016 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)