Severance (Tables)

3 Months Ended

Mar. 31, 2016

Restructuring and Related Activities [Abstract]

Activity of severance obligations for the corporate restructuring (excluding obligations recorded in equity)

Amounts included in the table below represent the severance liability recorded for employees of each Registrant and exclude amounts included at Exelon and billed through intercompany allocations:

													Successor
Severance Liability	Exelon			Generation			ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Balance at December 31, 2015	$	35		$	23		$	3	$	—	$	1	$	—	$	—	$	—	$	—
Severance charges(a)(b)	71			7			—		—		—		51		—		—		—
Payments	(4		)	(3		)	—		—		—		—		—		—		—
Balance at March 31, 2016	$	102		$	27		$	3	$	—	$	1	$	51	$	—	$	—	$	—

______________

(a) Includes salary continuance and health and welfare severance benefits. Amounts primarily represent benefits provided for the PHI post-merger integration and the cost management program.

(b) Represents activity from March 24, 2016 to March 31, 2016 for PHI, Pepco, DPL and ACE.

	Exelon		Generation		ComEd		PECO		BGE
Severance benefits(a)	$	17	$	12	$	3	$	1	$	1

_______

(a) The amounts above for Generation, ComEd, PECO and BGE include $7 million, $3 million, $1 million, and $1 million, respectively, for amounts billed by BSC through intercompany allocations for the three months ended March 31, 2016.

Restructuring and Related Costs

	Three Months Ended March 31,
Acquisition, Integration and Financing Costs(a)	2016			2015
Exelon	$	102		$	108
Generation	16			7
ComEd(b)	(8		)	3
PECO	2			1
BGE	2			1
Pepco	27			1
DPL	16			1
ACE	13			1

	Successor		Predecessor
Acquisition, Integration and Financing Costs(a)	March 24, 2016 to March 31, 2016		January 1, 2016 to March 23, 2016		Three Months Ended March 31, 2015
PHI	$	56	$	29	$	8

______________

(a) The costs incurred are classified primarily within Operating and maintenance expense in the Registrants’ respective Consolidated Statement of Operations and Comprehensive Income, with the exception of the financing costs, which are included within Interest expense. Costs do not include merger commitments discussed above.

(b) Excludes acquisition, integration and financing costs of $9 million incurred at ComEd that have been recorded as a regulatory asset.

											Successor
	Exelon		Generation		ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Severance benefits(a)	$	52	$	10	$	2	$	1	$	1	$	37	$	18	$	11	$	8

______________

(a) The amounts above for Generation, ComEd, PECO, BGE, Pepco, DPL and ACE include $9 million, $2 million, $1 million, $1 million, $18 million, $11 million and $8 million, respectively, for amounts billed by BSC and/or PHISCO through intercompany allocations for the three months ended March 31, 2016.

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

Amounts included in the table below represent the severance liability recorded for employees of each Registrant and exclude amounts included at Exelon and billed through intercompany allocations:

													Successor
Severance Liability	Exelon			Generation			ComEd		PECO		BGE		PHI		Pepco		DPL		ACE
Balance at December 31, 2015	$	35		$	23		$	3	$	—	$	1	$	—	$	—	$	—	$	—
Severance charges(a)(b)	71			7			—		—		—		51		—		—		—
Payments	(4		)	(3		)	—		—		—		—		—		—		—
Balance at March 31, 2016	$	102		$	27		$	3	$	—	$	1	$	51	$	—	$	—	$	—

______________

(a) Includes salary continuance and health and welfare severance benefits. Amounts primarily represent benefits provided for the PHI post-merger integration and the cost management program.

(b) Represents activity from March 24, 2016 to March 31, 2016 for PHI, Pepco, DPL and ACE.

	Exelon		Generation		ComEd		PECO		BGE
Severance benefits(a)	$	17	$	12	$	3	$	1	$	1

_______

(a) The amounts above for Generation, ComEd, PECO and BGE include $7 million, $3 million, $1 million, and $1 million, respectively, for amounts billed by BSC through intercompany allocations for the three months ended March 31, 2016.