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Variable Interest Entities (Tables)
3 Months Ended
Mar. 31, 2013
Variable Interest Entity [Line Items]  
Schedule of Variable Interest Entities [Table Text Block]
 March 31, 2013  December 31, 2012
  Exelon (a)(b) Generation (b) BGE  Exelon (a)(b) Generation (b) BGE
Current assets$ 551 $ 491 $ 52 $ 550 $ 519 $ 30
Noncurrent assets  1,947   1,918   -   1,802   1,762   -
 Total assets$ 2,498 $ 2,409 $ 52 $ 2,352 $ 2,281 $ 30
                   
Current liabilities$ 575 $ 492 $ 76 $ 685 $ 613 $ 71
Noncurrent liabilities  986   693   265   837   532   265
 Total liabilities$ 1,561 $ 1,185 $ 341 $ 1,522 $ 1,145 $ 336

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  • Includes certain purchase accounting adjustments not pushed down to the BGE standalone entity.
  • Includes total assets of $116 million and total liabilities of $59 million as of March 31, 2013 and total asset of $116 million and total liabilities of $62 million as of December 31, 2012 related to deferred and accrued taxes that are not restricted for use by the consolidated VIEs that have recorded such assets and liabilities.

 

Schedule Of Unconsolidated Variable Interest Entities [Text Block]
    Equity   
  Commercial Method   
  Agreement Investment   
March 31, 2013VIEs VIEs Total
Total assets (a)$360 $338 $698
Total liabilities (a) 186  95  281
Registrants' ownership interest (a) 0  98  98
Other ownership interests (a) 174  145  319
Registrants' maximum exposure to loss:        
 Letters of credit 1  0  1
 Carrying amount of equity method investments 0  78  78
 Contract intangible asset 8  0  8
 Debt and payment guarantees 0  5  5
 Net assets pledged for Zion Station decommissioning (b) 49  0  49
          
    Equity   
  Commercial Method   
  Agreement Investment   
December 31, 2012VIEs VIEs Total
Total assets (a)$386 $354 $740
Total liabilities (a) 219  114  333
Registrants' ownership interest (a) 0  97  97
Other ownership interests (a) 167  143  310
Registrants' maximum exposure to loss:        
 Letters of credit 5  0  5
 Carrying amount of equity method investments 0  77  77
 Contract intangible asset 8  0  8
 Debt and payment guarantees 0  5  5
 Net assets pledged for Zion Station decommissioning (b) 50  0  50

  • These items represent amounts on the unconsolidated VIE balance sheets, not on Exelon's or Generation's Consolidated Balance Sheets. These items are included to provide information regarding the relative size of the unconsolidated VIEs.
  • These items represent amounts on Generation's and Exelon's Consolidated Balance Sheets related to the asset sale agreement with ZionSolutions, LLC. The net assets pledged for Zion Station decommissioning includes gross pledged assets of $580 million and $614 million as of March 31, 2013 and December 31, 2012, respectively; offset by payables to ZionSolutions LLC of $531 million and $564 million as of March 31, 2013 and December 31, 2012, respectively. These items are included to provide information regarding the relative size of the ZionSolutions LLC unconsolidated VIE.