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Merger and Acquisitions (Tables)

3 Months Ended

Mar. 31, 2012

Schedule Of Business Acquisitions By Acquisition Text Block

Preliminary Purchase Price Allocation	Exelon		Generation
Current assets	$	4,944	$	3,649
Property, plant and equipment		9,295		3,993
Unamortized energy contracts		3,624		3,624
Intangible assets - Trade name and retail relationships		456		456
Investment in affiliates		2,067		2,067
Pension and OPEB regulatory asset		740		0
Other assets		2,612		1,210
Total assets		23,738		14,999

Current liabilities		3,480		2,866
Unamortized energy contracts		2,268		2,062
Long-term debt, including current maturities		5,632		2,972
Noncontrolling interest		85		85
Deferred credits and other liabilities and preferred securities		4,908		1,742
Total liabilities, preferred securities and noncontrolling interest		16,373		9,727
Total purchase price	$	7,365	$	5,272

								Estimated amortization expense
Description	Weighted Average Amortization	Gross		Accumulated Amortization		Net		Remainder of 2012		2013		2014		2015		2016
Unamortized energy contracts, net (a)	1.5	$	1,356	$	(122)	$	1,234	$	804	$	340	$	52	$	18	$	(25)
Trade name	10.0		243		(2)		241		22		24		24		24		24
Retail relationships	11.8		213		(1)		212		19		21		20		19		19

Total, net		$	1,812	$	(125)	$	1,687	$	845	$	385	$	96	$	61	$	18

	Generation				Exelon
		Three Months Ended March 31,				Three Months Ended March 31,
		2012		2011		2012		2011
Total Revenues	$	3,997	$	4,873	$	6,864	$	8,002
Net income attributable to Exelon		67		343		112		593

Basic Earnings Per Share		n.a.		n.a.	$	0.13	$	0.70
Diluted Earnings Per Share		n.a.		n.a.		0.13		0.70

Schedule Of Business Acquisitions Preacquisition Contingency By Acquisition [Text Block]

Description		Expected Payment Period	BGE		Generation		Exelon		Statement of Operations Location
BGE rate credit of $100 per residential customer (a)		Q2 2012	$	113	$	0	$	113	Revenues
Customer investment fund to invest in energy efficiency
	and low-income energy assistance to BGE customers	2012 to 2014		0		0		113.5	O&M Expense
Contribution for renewable energy, energy efficiency
	or related projects in Baltimore	2012 to 2014		0		0		2	O&M Expense
Charitable contributions at $7 million per year for 10 yrs		2012 to 2021		28		35		70	O&M Expense
State funding for offshore wind development projects		Q2 2012		0		0		32	O&M Expense
	Total		$	141	$	35	$	330.5

Exelon will make a $66 million equity contribution to BGE in the second quarter of 2012 to fund the after-tax amount of the rate credit as directed in the MDPSC order approving the merger transaction.

Schedule of Business Acquisitions by Acquisition, Equity Interest Issued or Issuable [Table Text Block]

	Number of Shares/ Awards Issued	Total Estimated Fair Value
Issuance of Exelon common stock to Constellation shareholders and equity award holders at the exchange ratio of 0.930 shares for each share of Constellation common stock; based on the opening price of Exelon common stock on March 12, 2012 of $38.91 (a)	187.45	$	7,294
Issuance of Exelon equity awards to replace existing Constellation equity awards (b)	11.30		71
Total purchase price		$	7,365

The number of shares issued excludes 0.7 million shares of stock that are held in a custodian account specifically for the settlement of unvested share-based restricted stock awards. The related share value is excluded from the estimated fair value as these awards have not vested and therefore are not in the purchase price.
Includes vested Constellation stock options and restricted stock units converted at fair value to Exelon awards on March 12, 2012. The fair value of the stock options was determined using the Black-Sholes model.

Schedule of Restructuring and Related Costs [Text Block]

Severance benefits (a)		Exelon		Generation		ComEd (b)		PECO		BGE (c)
Severance charges (d)	$	67	$	35	$	9	$	3	$	14
Stock compensation		8		5		1		1		1
Other charges (e)		8		5		1		1		1
Total severance benefits	$	83	$	45	$	11	$	5	$	16

For Generation, ComEd, PECO and BGE, amounts include charges billed through intercompany allocations.
Pursuant to EIMA, ComEd established a regulatory asset of $11 million for severance benefits costs, which are expected to be recovered over a five-year period.
Consistent with prior MDPSC precedent, BGE established a regulatory asset of $16 million for severance benefits costs, and these costs are expected to be recovered over a five-year period.
Includes salary continuance and health and welfare severance benefits. For the three months ended March 31, 2012, amounts represent ongoing severance plan benefits. One-time termination benefits are expected to begin to be recognized in the second quarter of 2012.
Primarily includes life insurance, employer payroll taxes, educational assistance and outplacement services.

- Definition

Tabular disclosure of the equity interest issued or issuable in a business acquisition (or series of individually immaterial business acquisitions) planned, initiated, or completed during the period.

+ References+ Details

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Appendix F

-Paragraph F4

-Subparagraph e

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6909870&loc=d3e1392-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 51

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6909870&loc=d3e1486-128463

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 52

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 68

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details