Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2012

Accumulated Other Comprehensive Loss

(16) ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of Pepco Holdings’ AOCL relating to continuing operations are as follows. For additional information, see the consolidated statements of comprehensive income.

	Commodity Derivatives			Treasury Lock			Pension and Other Postretirement Benefit Plans			Total
	(millions of dollars)
Balance, December 31, 2011	$	(29	)	$	(10	)	$	(24	)	$	(63	)
Change in period		8			—			—			8
Balance, March 31, 2012		(21	)		(10	)		(24	)		(55	)
Change in period		6			—			(2	)		4
Balance, June 30, 2012	$	(15	)	$	(10	)	$	(26	)	$	(51	)

The income tax expense for each component of Pepco Holdings’ other comprehensive income is as follows:

	Commodity Derivatives		Treasury Lock (a)		Pension and Other Postretirement Benefit Plans (a)			Total
	(millions of dollars)
For the three months ended June 30, 2012 (b)	$	6	$	—	$	(4	)	$	2
For the three months ended June 30, 2011 (b)		9		—		(2	)		7
For the six months ended June 30, 2012 (c)	$	11	$	—	$	(3	)	$	8
For the six months ended June 30, 2011 (c)		19		—		(1	)		18

(a) No material income tax effect of losses reclassified to income in the current periods.

(b) Includes tax expense for losses reclassified to income during the three months ended June 30, 2012 and 2011 of $6 million and $9 million, respectively.

(c) Includes tax expense for losses reclassified to income during the six months ended June 30, 2012 and 2011 of $11 million and $20 million, respectively.