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Commitments And Contingencies (Tables)
12 Months Ended
Dec. 31, 2012
Schedule Of Accrued Liabilities for Environmental Exposures
            Legacy Generation         
     Transmission
and Distribution
     Regulated     Non-
Regulated
     Other      Total  
     (millions of dollars)  

Beginning balance as of January 1

   $ 15       $ 8     $ 5       $ 2       $ 30  

Accruals

     —           —         —           —           —     

Payments

     —          (1     —           —           (1
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Ending balance as of December 31

     15        7       5        2         29  

Less amounts in Other current liabilities

     2        2       —           2         6  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Amounts in Other deferred credits

   $ 13      $ 5     $ 5      $  —         $ 23  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 
Schedule Of Commitments And Obligations
     Guarantor  
     PHI      Pepco      DPL      ACE      Total  

Energy procurement obligations of Pepco Energy Services (a)

   $ 90      $  —        $  —        $  —        $ 90  

Guarantees associated with disposal of Conectiv Energy assets (b)

     13        —          —          —          13  

Guaranteed lease residual values (c)

     2        5        6        4        17  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 105       $ 5      $ 6      $ 4      $ 120  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(a) PHI has contractual commitments for performance and related payments of Pepco Energy Services to counterparties under routine energy sales and procurement obligations.
(b) Represents guarantees by PHI of Conectiv Energy’s derivatives portfolio transferred in connection with the disposition of Conectiv Energy’s wholesale business. The derivative portfolio guarantee is currently $13 million and covers Conectiv Energy’s performance prior to the assignment. This guarantee will remain in effect until the end of 2015.
(c) Represents the maximum potential obligation in the event that the fair value of certain leased equipment and fleet vehicles is zero at the end of the maximum lease term. The maximum lease term associated with these assets ranges from 3 to 8 years. The maximum potential obligation at the end of the minimum lease term would be $54 million, $9 million of which is a guaranty by PHI, $15 million by Pepco, $18 million by DPL and $12 million by ACE. The minimum lease term associated with these assets ranges from 1 to 4 years. Historically, payments under the guarantees have not been made and PHI believes the likelihood of payments being required under the guarantees is remote.
Potomac Electric Power Co [Member]
 
Schedule Of Accrued Liabilities for Environmental Exposures
    Transmission
and Distribution
    Legacy
Generation -
Regulated
        Total      
    (millions of dollars)  

Beginning balance as of January 1

  $ 14     $ 4      $ 18   

Accruals

    —          —          —     

Payments

    —          (1     (1
 

 

 

   

 

 

   

 

 

 

Ending balance as of December 31

    14       3        17   

Less amounts in Other current liabilities

    1       —          1   
 

 

 

   

 

 

   

 

 

 

Amounts in Other deferred credits

  $ 13     $ 3      $ 16   
 

 

 

   

 

 

   

 

 

 
Atlantic City Electric Co [Member]
 
Schedule Of Accrued Liabilities for Environmental Exposures
     Legacy Generation
-Regulated
 
     (millions of dollars)  

Beginning balance as of January 1

   $ 1   

Accruals

     —     

Payments

     —     
  

 

 

 

Ending balance as of December 31

     1   

Less amounts in Other Current

Liabilities

     —     
  

 

 

 

Amounts in Other Deferred Credits

   $ 1   
  

 

 

 
Delmarva Power & Light Co/De [Member]
 
Schedule Of Accrued Liabilities for Environmental Exposures
     Transmission and
Distribution
     Legacy
Generation -
Regulated
    Other      Total  
     (millions of dollars)  

Beginning balance as of January 1

   $ 1       $ 4     $ 2       $ 7  

Accruals

     —           —          —           —     

Payments

     —           (1     —           (1
  

 

 

    

 

 

   

 

 

    

 

 

 

Ending balance as of December 31

     1         3       2         6   

Less amounts in Other Current Liabilities

     1         1       2         4   
  

 

 

    

 

 

   

 

 

    

 

 

 

Amounts in Other Deferred Credits

   $ —         $ 2     $ —         $ 2