Financial Information by Business Segment (Tables)

12 Months Ended

Dec. 31, 2011

(in millions)			PEC		PEF	Corporate and Other			Eliminations		Total
At and for the year ended December 31, 2011
Revenues
	Unaffiliated	$	4,528	$	4,367	$	12	$	-	$	8,907
	Intersegment		-		2		272		(274)		-
	Total revenues		4,528		4,369		284		(274)		8,907
Depreciation, amortization and accretion			514		169		18		-		701
Interest income			1		1		22		(22)		2
Total interest charges, net			184		239		324		(22)		725
Income tax expense (benefit)^(a)			268		311		(99)		-		480
Ongoing Earnings			541		530		(200)		-		871
Total assets			16,102		14,484		20,926		(16,453)		35,059
Capital and investment expenditures			1,423		710		17		-		2,150

At and for the year ended December 31, 2010
Revenues
	Unaffiliated	$	4,922	$	5,252	$	16	$	-	$	10,190
	Intersegment		-		2		248		(250)		-
	Total revenues		4,922		5,254		264		(250)		10,190
Depreciation, amortization and accretion			479		426		15		-		920
Interest income			3		1		31		(28)		7
Total interest charges, net			186		258		331		(28)		747
Income tax expense (benefit)^(a)			342		267		(87)		-		522
Ongoing Earnings			618		462		(191)		-		889
Total assets			14,899		14,056		21,110		(17,011)		33,054
Capital and investment expenditures			1,382		991		33		(24)		2,382

At and for the year ended December 31, 2009
Revenues
	Unaffiliated	$	4,627	$	5,249	$	9	$	-	$	9,885
	Intersegment		-		2		234		(236)		-
	Total revenues		4,627		5,251		243		(236)		9,885
Depreciation, amortization and accretion			470		502		14		-		986
Interest income			5		4		38		(33)		14
Total interest charges, net			195		231		286		(33)		679
Income tax expense (benefit)^(a)			295		209		(88)		-		416
Ongoing Earnings			540		460		(154)		-		846
Total assets			13,502		13,100		20,538		(15,904)		31,236
Capital and investment expenditures			962		1,532		21		(12)		2,503

^(a)	Income tax expense (benefit) excludes the tax impact of Ongoing Earnings adjustments.

Ongoing to Net Income Attributable to Controlling Interests [Tables]

(in millions)			2011		2010		2009
Ongoing Earnings		$	871	$	889	$	846
CVO mark-to-market, net of tax benefit of $14 and $- (Note 16)			(45)		-		19
Impairment, net of tax benefit of $1, $4 and $1			(2)		(6)		(2)
Merger and integration costs, net of tax benefit of $17 (Note 2)			(46)		-		-
CR3 indemnification charge, net of tax benefit of $13 (Note 22C)			(20)		-		-
Plant retirement charge, net of tax benefit of $1, $1 and $11			(1)		(1)		(17)
Amount to be refunded to customers, net of tax benefit of $111 (Note 8C)			(177)		-		-
Change in tax treatment of the Medicare Part D subsidy (Note 17)			-		(22)		-
Cumulative prior period adjustment related to certain employee life insurance benefits, net of tax benefit of $7			-		-		(10)
Continuing income attributable to noncontrolling interests, net of tax			7		7		4
Income from continuing operations			587		867		840
Discontinued operations, net of tax			(5)		(4)		(79)
Net income attributable to noncontrolling interests, net of tax			(7)		(7)		(4)
	Net income attributable to controlling interests	$	575	$	856	$	757

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details