Commitments, Guarantees and Contingencies (Tables)

12 Months Ended

Dec. 31, 2011

Commitments, Guarantees and Contingencies (Tables) [Abstract]

Contractual Commitments

		Less Than 1						After
Contractual Commitments		year		2-3 years		4-5 years		5 years		Total
		(in millions)
Fuel Purchase Contracts (a)		$	2,867	$	3,918	$	2,574	$	3,108	$	12,467
Energy and Capacity Purchase Contracts (b)			104		213		217		1,066		1,600
Construction Contracts for Capital Assets (c)			60		-		-		-		60
Total		$	3,031	$	4,131	$	2,791	$	4,174	$	14,127
(a)	Represents contractual commitments to purchase coal, natural gas, uranium and other consumables as fuel for electric generation along with related transportation of the fuel.
(b)	Represents contractual commitments for energy and capacity purchase contracts.
(c)	Represents only capital assets for which we have signed contracts. Actual payments are dependent upon and may vary significantly based upon the decision to build, regulatory approval schedules, timing and escalation of project costs.

Bank of America Settlement Impact on Financial Statements

Statement of Income:	(in millions)
Other Operation Expense - Pretax Gain on Settlement	$	51
Income Tax Expense		73
Net Loss After Tax	$	(22)
Cash Flow Statement:
Net Income - Loss on Settlement with BOA and Enron	$	(22)
Deferred Income Taxes		91
Gain on Settlement with BOA and Enron		(51)
Settlement of Litigation with BOA and Enron		(211)
Accrued Taxes, Net		(18)
Acquisition of Cushion Gas from BOA		(214)
Cash Paid	$	(425)
Balance Sheet:
Deferred Charges and Other Noncurrent Assets - Gas Acquired	$	214
Deferred Credits and Other Noncurrent Liabilities - Gas Service Liability		187
Accrued Taxes - Tax Benefit on Settlement with BOA and Enron		18
Deferred Income Taxes - Deferred Tax Benefit on Gas Service Liability		66