XML 118 R87.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivative Financial Instruments (Interest Rate Risk) (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cost Of Capital Strategies [Abstract]      
Hypothetical increase in interest rates associated with variable-rate debt 50.00%    
Pre-tax net income impact associated with a hypothetical 10% increase in interest rates - exclusive upper bound $ 5,000,000    
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets)   4,000,000  
Mark-to-market derivative assets (noncurrent assets)   59,000,000  
Total mark-to-market derivative assets   63,000,000  
Mark-to-market derivative liabilities (current liabilities)   (2,000,000)  
Mark-to-market derivative liabilities (noncurrent liabilities)   (31,000,000)  
Total mark-to-market derivative liabilities   (33,000,000)  
Total mark-to-market derivative net assets (liabilities)   30,000,000  
Derivative, Gain (Loss) on Derivative, Net [Abstract]      
Gain on swaps/borrowings 11,000,000    
Loss on swaps/borrowings   (3,000,000) (1,000,000)
Interest Rate Risk - Fair Value Hedges [Abstract]      
Fair value of interest rate swaps from merger acquiree 150,000,000    
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Mark-to-market derivative liabilities 300,000,000 281,000,000  
Unrealized Gain (Loss) on Derivatives 445,000,000 604,000,000 (291,000,000)
Derivative, Notional Amount 2,651,000,000 2,498,000,000  
Designated as Hedging Instrument [Member]
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Notional Amount of Pre-issuance Interest Rate Cash Flow Hedge Derivatives 190,000,000    
Notional amounts on forward starting interest rate swaps 1,000,000    
Designated as Hedging Instrument [Member] | Interest Rate Cash Flow Hedge Derivatives | Cash Flow Hedging [Member]
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative liabilities (noncurrent liabilities) (1,000,000)    
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Deferred Gain on Derivatives 26,000,000    
Designated as Hedging Instrument [Member] | Interest Rate Swap | Fair Value Hedging [Member]
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Unrealized Gain (Loss) on Derivatives 26,000,000 49,000,000  
Derivative, Notional Amount 1,275,000,000 650,000,000  
Designated as Hedging Instrument [Member] | Interest Expense [Member] | Fair Value Hedging [Member]
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Increase In Notional Amount Of Derivative Instruments 625,000,000    
Designated as Hedging Instrument [Member] | Interest Expense [Member] | Interest Rate Swap | Fair Value Hedging [Member]
     
Derivative, Gain (Loss) on Derivative, Net [Abstract]      
Loss on swaps/borrowings (24,000,000) (9,000,000)  
Derivative [Member] | Interest Rate Swap
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets) (1,000,000)    
Mark-to-market derivative assets (noncurrent assets) 38,000,000    
Total mark-to-market derivative assets 37,000,000    
Mark-to-market derivative liabilities (current liabilities) (1,000,000)    
Mark-to-market derivative liabilities (noncurrent liabilities) (15,000,000)    
Total mark-to-market derivative liabilities (16,000,000)    
Total mark-to-market derivative net assets (liabilities) 21,000,000    
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Derivative, Notional Amount 1,425,000,000    
Derivative [Member] | Interest Expense [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap | Fair Value Hedging [Member]
     
Derivative, Gain (Loss) on Derivative, Net [Abstract]      
Gain on swaps/borrowings     1,000,000
Exelon Generation Co L L C [Member]
     
Cost Of Capital Strategies [Abstract]      
Pre-tax net income impact associated with a hypothetical 10% increase in interest rates - exclusive upper bound 5,000,000    
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets)   4,000,000  
Mark-to-market derivative assets (noncurrent assets)   46,000,000  
Total mark-to-market derivative assets   50,000,000  
Mark-to-market derivative liabilities (current liabilities)   (2,000,000)  
Mark-to-market derivative liabilities (noncurrent liabilities)   (31,000,000)  
Total mark-to-market derivative liabilities   (33,000,000)  
Total mark-to-market derivative net assets (liabilities)   17,000,000  
Derivative, Gain (Loss) on Derivative, Net [Abstract]      
Loss on swaps/borrowings   (6,000,000) [1]  
Interest Rate Risk - Cash Flow Hedges [Abstract]      
DOE loan guarantee 646,000,000    
DOE interest rate swap 485,000,000    
Mark-to-market derivative liabilities 120,000,000 232,000,000  
Unrealized Gain (Loss) on Derivatives 448,000,000 611,000,000 (291,000,000)
Exelon Generation Co L L C [Member] | Interest Rate Swap
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets) (1,000,000)    
Mark-to-market derivative assets (noncurrent assets) 31,000,000    
Total mark-to-market derivative assets 30,000,000    
Mark-to-market derivative liabilities (current liabilities) (1,000,000)    
Mark-to-market derivative liabilities (noncurrent liabilities) (11,000,000)    
Total mark-to-market derivative liabilities (12,000,000)    
Total mark-to-market derivative net assets (liabilities) 18,000,000    
Exelon Generation Co L L C [Member] | Antelope Valle [Member]
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Percentage of interest rate swap in relation to DOE guarantee 75    
Notional amount of interest rate swap DOE advance 350,000,000    
Percent of DOE loan advance offset 75.00%    
Notional amount of remaining cash flow hedges 135,000,000    
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member]
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (noncurrent assets)   38,000,000  
Total mark-to-market derivative assets   38,000,000  
Mark-to-market derivative liabilities (current liabilities)   (1,000,000)  
Mark-to-market derivative liabilities (noncurrent liabilities)   (31,000,000)  
Total mark-to-market derivative liabilities   (32,000,000)  
Total mark-to-market derivative net assets (liabilities)   6,000,000  
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Interest Rate Cash Flow Hedge Derivatives | Cash Flow Hedging [Member]
     
Interest Rate Risk - Fair Value Hedges [Abstract]      
Notional amount of interest rate swaps acquired from merger 28,000,000    
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Foreign Currency Fair Value Hedge Derivatives
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Derivative, Notional Amount 195,000,000    
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (noncurrent assets) 26,000,000    
Total mark-to-market derivative assets 26,000,000    
Mark-to-market derivative liabilities (current liabilities) (1,000,000)    
Mark-to-market derivative liabilities (noncurrent liabilities) (10,000,000)    
Total mark-to-market derivative liabilities (11,000,000)    
Total mark-to-market derivative net assets (liabilities) 15,000,000    
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Derivative, Notional Amount 144,000,000    
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap | Fair Value Hedging [Member]
     
Interest Rate Risk - Fair Value Hedges [Abstract]      
Interest rate swaps previously held by acquiree 550,000,000 550,000,000  
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Unrealized Gain (Loss) on Derivatives 23,000,000 38,000,000  
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap | Cash Flow Hedging [Member]
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Derivative, Notional Amount 470,000,000    
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Other Solar Projects [Member]
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Notional amounts on forward starting interest rate swaps 27,000,000    
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Other Solar Projects [Member] | Interest Rate Cash Flow Hedge Derivatives | Cash Flow Hedging [Member]
     
Interest Rate Risk - Fair Value Hedges [Abstract]      
Fair value assets 2,000,000    
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Interest Expense [Member] | Interest Rate Swap | Fair Value Hedging [Member]
     
Derivative, Gain (Loss) on Derivative, Net [Abstract]      
Loss on swaps/borrowings (15,000,000) [1] (6,000,000) [1]  
Exelon Generation Co L L C [Member] | Designated as Hedging Instrument [Member] | Interest Expense [Member] | Antelope Valle [Member] | Interest Rate Cash Flow Hedge Derivatives | Cash Flow Hedging [Member]
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Derivative, Notional Amount 485,000,000    
Exelon Generation Co L L C [Member] | Derivative [Member]
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets)   3,000,000  
Mark-to-market derivative assets (noncurrent assets)   8,000,000  
Total mark-to-market derivative assets   11,000,000  
Mark-to-market derivative liabilities (current liabilities)   (1,000,000)  
Total mark-to-market derivative liabilities   (1,000,000)  
Total mark-to-market derivative net assets (liabilities)   10,000,000  
Exelon Generation Co L L C [Member] | Derivative [Member] | Interest Rate Swap
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets) 3,000,000    
Mark-to-market derivative assets (noncurrent assets) 3,000,000    
Total mark-to-market derivative assets 6,000,000    
Mark-to-market derivative liabilities (current liabilities) (1,000,000)    
Mark-to-market derivative liabilities (noncurrent liabilities) (1,000,000)    
Total mark-to-market derivative liabilities (2,000,000)    
Total mark-to-market derivative net assets (liabilities) 4,000,000    
Exelon Generation Co L L C [Member] | Derivative [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Unrealized Gain (Loss) on Derivatives 2,000,000    
Exelon Generation Co L L C [Member] | Derivative [Member] | Antelope Valle [Member] | Interest Rate Swap
     
Interest Rate Risk - Cash Flow Hedges [Abstract]      
Mark-to-market derivative liabilities 10,000,000    
Exelon Generation Co L L C [Member] | Proprietary Trading [Member]
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets)   20,000,000 [2]  
Mark-to-market derivative assets (noncurrent assets)   32,000,000 [2]  
Total mark-to-market derivative assets   52,000,000 [2]  
Mark-to-market derivative liabilities (current liabilities)   (19,000,000) [2]  
Mark-to-market derivative liabilities (noncurrent liabilities)   (32,000,000) [2]  
Total mark-to-market derivative liabilities   (51,000,000) [2]  
Total mark-to-market derivative net assets (liabilities)   1,000,000 [2]  
Exelon Generation Co L L C [Member] | Proprietary Trading [Member] | Interest Rate Swap
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets) 15,000,000 [3]    
Mark-to-market derivative assets (noncurrent assets) 15,000,000 [3]    
Total mark-to-market derivative assets 30,000,000 [3]    
Mark-to-market derivative liabilities (current liabilities) (18,000,000) [3]    
Mark-to-market derivative liabilities (noncurrent liabilities) (13,000,000) [3]    
Total mark-to-market derivative liabilities (31,000,000) [3]    
Total mark-to-market derivative net assets (liabilities) (1,000,000) [3]    
Exelon Generation Co L L C [Member] | Collateral And Netting [Member]
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets)   (19,000,000) [4]  
Mark-to-market derivative assets (noncurrent assets)   (32,000,000) [4]  
Total mark-to-market derivative assets   (51,000,000) [4]  
Mark-to-market derivative liabilities (current liabilities)   19,000,000 [4]  
Mark-to-market derivative liabilities (noncurrent liabilities)   32,000,000 [4]  
Total mark-to-market derivative liabilities   51,000,000 [4]  
Exelon Generation Co L L C [Member] | Collateral And Netting [Member] | Interest Rate Swap
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (current assets) (19,000,000) [5]    
Mark-to-market derivative assets (noncurrent assets) (13,000,000) [5]    
Total mark-to-market derivative assets (32,000,000) [5]    
Mark-to-market derivative liabilities (current liabilities) 19,000,000 [5]    
Mark-to-market derivative liabilities (noncurrent liabilities) 13,000,000 [5]    
Total mark-to-market derivative liabilities 32,000,000 [5]    
Other Segments [Member] | Designated as Hedging Instrument [Member]
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (noncurrent assets)   13,000,000  
Total mark-to-market derivative assets   13,000,000  
Total mark-to-market derivative net assets (liabilities)   13,000,000  
Other Segments [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap
     
Derivative Interest Rate Risk [Abstract]      
Mark-to-market derivative assets (noncurrent assets) 7,000,000    
Total mark-to-market derivative assets 7,000,000    
Mark-to-market derivative liabilities (noncurrent liabilities) (4,000,000)    
Total mark-to-market derivative liabilities (4,000,000)    
Total mark-to-market derivative net assets (liabilities) $ 3,000,000    
[1] For the years ended December 31, 2013 and 2012, the loss on Generation swaps included $16 million and $12 realized in earnings, respectively, with $2 million and an immaterial amount excluded from hedge effectiveness testing, respectively
[2] Generation enters into interest rate derivative contracts to economically hedge risk associated with the interest rate component of commodity positions. The characterization of the interest rate derivative contracts between the proprietary trading activity in the above table is driven by the corresponding characterization of the underlying commodity position that gives rise to the interest rate exposure. Generation does not utilize proprietary trading interest rate derivatives with the objective of benefiting from shifts or changes in market interest rates.
[3] Generation enters into interest rate derivative contracts to economically hedge risk associated with the interest rate component of commodity positions.  The characterization of the interest rate derivative contracts between the proprietary trading activity in the above table is driven by the corresponding characterization of the underlying commodity position that gives rise to the interest rate exposure.  Generation does not utilize proprietary trading interest rate derivatives with the objective of benefiting from shifts or changes in market interest rates.
[4] Represents the netting of fair value balances with the same counterparty and any associated cash collateral.
[5] Represents the netting of fair value balances with the same counterparty and any associated cash collateral