New And Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2014

Components Of Net Periodic Benefit Cost

	Pension Benefits						Other Benefits
	Three Months Ended September 30,
(in millions)	2014			2013			2014			2013
Service cost for benefits earned	$	92		$	121		$	12		$	14
Interest cost		175			158			19			19
Expected return on plan assets		(202	)		(162	)		(25	)		(20	)
Amortization of prior service cost		5			5			6			6
Amortization of net actuarial loss		1			28			1			1
Net periodic benefit cost		71			150			13			20
Transfer from (to) regulatory account (1)		13			(66	)		-			-
Total	$	84		$	84		$	13		$	20

 ⁽¹⁾ The Utility recorded these amounts to a regulatory account since they are probable of recovery from, or refund to, customers in future rates.

	Pension Benefits						Other Benefits
	Nine Months Ended September 30,
(in millions)	2014			2013			2014			2013
Service cost for benefits earned	$	287		$	351		$	34		$	40
Interest cost		521			470			57			56
Expected return on plan assets		(605	)		(487	)		(77	)		(60	)
Amortization of prior service cost		15			15			17			17
Amortization of net actuarial loss		2			83			2			4
Net periodic benefit cost		220			432			33			57
Transfer from (to) regulatory account (1)		31			(179	)		-			-
Total	$	251		$	253		$	33		$	57

⁽¹⁾ The Utility recorded these amounts to a regulatory account since they are probable of recovery from, or refund to, customers in future rates.

Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income

	Pension			Other			Other
	Benefits			Benefits			Investments			Total
(in millions, net of income tax)	Three Months Ended September 30, 2014
Beginning balance	$	(7	)	$	15		$	36		$	44
Other comprehensive income before reclassifications:
Loss on investments (net of taxes of $0, $0, and $3,
respectively)		-			-			(4	)		(4	)
Amounts reclassified from other comprehensive income:
Amortization of prior service cost (net of taxes of
$2, $3, and $0, respectively) (1)		3			3			-			6
Transfer to regulatory account (net of taxes of
$3, $4, and $0, respectively) (1)		(3	)		(3	)		-			(6	)
Realized gain on investments (net of taxes of
$0, $0, and $10, respectively)		-			-			(14	)		(14	)
Net current period other comprehensive loss		-			-			(18)			(18)
Ending balance	$	(7)		$	15		$	18		$	26

 ⁽¹⁾ These components are included in the computation of net periodic pension and other postretirement benefit costs.  (See the “Pension and Other Postretirement Benefits” table above for additional details.)

	Pension			Other			Other
	Benefits			Benefits			Investments			Total
(in millions, net of income tax)	Three Months Ended September 30, 2013
Beginning balance	$	(28	)	$	(69	)	$	26		$	(71	)
Other comprehensive income before reclassifications:
Loss on investments (net of taxes of $0, $0, and $2,
respectively)		-			-			(3	)		(3	)
Amounts reclassified from other comprehensive income: (1)
Amortization of prior service cost (net of taxes of
$2, $3, and $0, respectively)		3			3			-			6
Amortization of net actuarial loss (net of taxes of
$11, $0, and $0, respectively)		17			1			-			18
Transfer to regulatory account (net of taxes of
$13, $0, and $0, respectively)		(20	)		-			-			(20	)
Net current period other comprehensive income (loss)		-			4			(3)			1
Ending balance	$	(28)		$	(65)		$	23		$	(70)

 ⁽¹⁾ These components are included in the computation of net periodic pension and other postretirement benefit costs.  (See the “Pension and Other Postretirement Benefits” table above for additional details.)

	Pension			Other			Other
	Benefits			Benefits			Investments			Total
(in millions, net of income tax)	Nine Months Ended September 30, 2014
Beginning balance	$	(7	)	$	15		$	42		$	50
Other comprehensive income before reclassifications:
Gain on investments (net of taxes of $0, $0, and $4,
respectively)		-			-			6			6
Amounts reclassified from other comprehensive income:
Amortization of prior service cost (net of taxes of
$6, $7, and $0, respectively) (1)		9			10			-			19
Amortization of net actuarial loss (net of taxes of
$1, $1, and $0, respectively) (1)		1			1			-			2
Transfer to regulatory account (net of taxes of
$7, $8, and $0, respectively) (1)		(10	)		(11	)		-			(21	)
Realized gain on investments (net of taxes of
$0, $0, and $20, respectively)		-			-			(30	)		(30	)
Net current period other comprehensive loss		-			-			(24)			(24)
Ending balance	$	(7)		$	15		$	18		$	26

 ⁽¹⁾ These components are included in the computation of net periodic pension and other postretirement benefit costs.  (See the “Pension and Other Postretirement Benefits” table above for additional details.)

	Pension			Other			Other
	Benefits			Benefits			Investments		Total
(in millions, net of income tax)	Nine Months Ended September 30, 2013
Beginning balance	$	(28	)	$	(77	)	$	4	$	(101	)
Other comprehensive income before reclassifications:
Gain on investments (net of taxes of $0, $0, and $13,
respectively)		-			-			19		19
Amounts reclassified from other comprehensive income: (1)
Amortization of prior service cost (net of taxes of
$6, $8, and $0, respectively)		9			9			-		18
Amortization of net actuarial loss (net of taxes of
$34, $1, and $0, respectively)		49			3			-		52
Transfer to regulatory account (net of taxes of
$39, $0, and $0, respectively)		(58	)		-			-		(58	)
Net current period other comprehensive income		-			12			19		31
Ending balance	$	(28)		$	(65)		$	23	$	(70)

 ⁽¹⁾ These components are included in the computation of net periodic pension and other postretirement benefit costs.  (See the “Pension and Other Postretirement Benefits” table above for additional details.)