Notes receivable from affiliates

[Table of Contents](#i0fa971ac9e834218957059819155291f_10)Exelon Corporation and Subsidiary CompaniesSchedule I – Condensed Financial Information of Parent (Exelon Corporate)Condensed Statements of Cash Flows 

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   | For the Years EndedDecember 31, |
| (In millions) | 2021 |  | 2020 |  | 2019 |
| Net cash flows provided by operating activities | $ | 3,629  |  |  | $ | 3,018  |  |  | $ | 1,948  |  |
| Cash flows from investing activities |  |  |  |  |  |
| Changes in Exelon intercompany money pool | 381  |  |  | (477) |  |  | 95  |  |
| Notes receivable from affiliates | —  |  |  | 550  |  |  | —  |  |
|  |  |  |  |  |  |
| Investment in affiliates | (2,231) |  |  | (1,969) |  |  | (1,071) |  |
|  |  |  |  |  |  |
| Other investing activities | 1  |  |  | —  |  |  | —  |  |
| Net cash flows used in investing activities | (1,849) |  |  | (1,896) |  |  | (976) |  |
| Cash flows from financing activities |  |  |  |  |  |
|  |  |  |  |  |  |
| Changes in short-term borrowings | —  |  |  | (136) |  |  | 136  |  |
| Proceeds from short-term borrowings with maturities greater than 90 days | 500  |  |  | —  |  |  | —  |  |
| Repayments on short-term borrowings with maturities greater than 90 days | (350) |  |  | —  |  |  | —  |  |
| Issuance of long-term debt | —  |  |  | 2,000  |  |  | —  |  |
|  |  |  |  |  |  |
| Retirement of long-term debt | (300) |  |  | (1,450) |  |  | —  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
| Dividends paid on common stock | (1,497) |  |  | (1,492) |  |  | (1,408) |  |
| Proceeds from employee stock plans | 80  |  |  | 45  |  |  | 112  |  |
| Other financing activities | 19  |  |  | (27) |  |  | —  |  |
| Net cash flows used in financing activities | (1,548) |  |  | (1,060) |  |  | (1,160) |  |
| Increase (Decrease) in cash, restricted cash, and cash equivalents | 232  |  |  | 62  |  |  | (188) |  |
| Cash, restricted cash, and cash equivalents at beginning of period | 63  |  |  | 1  |  |  | 189  |  |
| Cash, restricted cash, and cash equivalents at end of period | $ | 295  |  |  | $ | 63  |  |  | $ | 1  |  |

See the Notes to Financial Statements  
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