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v3.24.3

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Allowance for credit losses |  | $ 55 | $ 56
Allowance for other credit losses |  | 6 | 5
Accumulated depreciation and amortization |  | 17,972 | 17,423
Total assets | [1] | 51,834 | 50,758
Total liabilities | [1] | 38,893 | 39,472
Variable Interest Entity, Primary Beneficiary |  |  |
Total assets |  | 4,153 | 3,532
Total liabilities |  | 982 | 990
Variable Interest Entity, Primary Beneficiary | Nonrecourse |  |  |
Total liabilities |  | 982 | 990
Variable Interest Entity, Primary Beneficiary | Asset Pledged as Collateral |  |  |
Total assets |  | 3,992 | 3,355
Constellation Energy Generation, LLC |  |  |
Allowance for credit losses |  | 55 | 56
Allowance for other credit losses |  | 6 | 5
Accumulated depreciation and amortization |  | 17,972 | 17,423
Total assets | [2] | 51,811 | 50,738
Total liabilities | [2] | 38,804 | 39,364
Constellation Energy Generation, LLC | Variable Interest Entity, Primary Beneficiary | Nonrecourse |  |  |
Total liabilities |  | 982 | 990
Constellation Energy Generation, LLC | Variable Interest Entity, Primary Beneficiary | Asset Pledged as Collateral |  |  |
Total assets |  | $ 3,992 | $ 3,355
[1] | Our consolidated assets include $3,992 million and $3,355 million at September 30, 2024 and December 31, 2023, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Our consolidated liabilities include $982 million and $990 million at September 30, 2024 and December 31, 2023, respectively, of certain VIEs for which the VIE creditors do not have recourse to us. See Note 15 — Variable Interest Entities for additional information.
[2] | Our consolidated assets include $3,992 million and $3,355 million as of September 30, 2024 and December 31, 2023, respectively, of certain VIEs that can only be used to settle the liabilities of the VIE. Our consolidated liabilities include $982 million and $990 million as of September 30, 2024 and December 31, 2023, respectively, of certain VIEs for which the VIE creditors do not have recourse to us. See Note 15 — Variable Interest Entities for additional information.

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