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Supplemental Financial Information (Tables)
 6 Months Ended
Jun. 30, 2016
Supplemental Financial Information [Abstract]  
Components of non-operating income and expenses
The following tables provide additional information about the Registrants’ Consolidated Statements of Operations and Comprehensive Income for the three and six months ended June 30, 2016 and 2015:

 
Three Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Other, Net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Decommissioning-related activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net realized income on decommissioning trust funds(a)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory agreement units
$
90

 
$
90

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Non-regulatory agreement units
39

 
39

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Net unrealized gains on decommissioning trust funds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory agreement units
52

 
52

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Non-regulatory agreement units
48

 
48

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Net unrealized gains on pledged assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Zion Station decommissioning
1

 
1

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Regulatory offset to decommissioning trust fund-related activities(b)
(117
)
 
(117
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total decommissioning-related activities
113

 
113

 
—

 
—

 
—


—

 
—

 
—

 
—

Investment income
6

 
5

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Interest income related to uncertain income tax positions
4

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

AFUDC — Equity
15

 
—

 
1

 
2

 
5

 
7

 
5

 
1

 
1

Other
6

 
(1
)
 
2

 
—

 
—

 
4

 
1

 
2

 
1

Other, net
$
144


$
117


$
3


$
2


$
5


$
11


$
6


$
3


$
2


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
Predecessor
 
Six Months Ended June 30, 2016
 
March 24, 2016 to June 30, 2016


January 1, 2016 to March 23, 2016
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
Pepco
 
DPL
 
ACE
 
PHI


PHI
Other, Net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Decommissioning-related activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net realized income on decommissioning trust funds(a)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory agreement units
$
122

 
$
122

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
 
$
—

Non-regulatory agreement units
61

 
61

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Net unrealized gains on decommissioning trust funds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory agreement units
131

 
131

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Non-regulatory agreement units
100

 
100

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Net unrealized gains on pledged assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Zion Station decommissioning
3

 
3

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Regulatory offset to decommissioning trust fund-related activities(b)
(211
)
 
(211
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Total decommissioning-related activities
206

 
206

 
—

 
—

 
—


—

 
—

 
—

 
—

 
 
—

Investment income (expense)
12

 
5

 
—

 
(1
)
 
2

(c)  
—

 
—

 
—

 
—

 
 
—

Long-term lease income
4

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Interest income related to uncertain income tax positions
5

 
—

 
—

 
—

 
—

 
1

 
—

 
1

 
—

 
 
—

AFUDC — Equity
24

 
—

 
3

 
4

 
9

 
9

 
2

 
3

 
8

 
 
7

Loss on debt extinguishment
(3
)
 
(2
)
 
—

 
—

 


 
—

 
—

 
—

 
—

 
 
—

Other
10

 
1

 
4

 
1

 
—

 
4

 
4

 
1

 
4

 
 
(11
)
Other, net
$
258


$
210


$
7


$
4


$
11


$
14


$
6


$
5

 
$
12

 
 
$
(4
)

 
Three Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Other, Net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Decommissioning-related activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net realized income on decommissioning trust funds(a)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory agreement units
$
93

 
$
93

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Non-regulatory agreement units
74

 
74

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Net unrealized losses on decommissioning trust funds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory agreement units
(133
)
 
(133
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Non-regulatory agreement units
(96
)
 
(96
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Regulatory offset to decommissioning trust fund-related activities(b)
28

 
28

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total decommissioning-related activities
(34
)
 
(34
)
 
—

 
—

 
—


—


—

 
—

 
—

Investment income (expense)
1

 
—

 
—

 
(1
)
 
1

(c)  
—

 
—

 
—

 
—

Long-term lease income
4

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

AFUDC — Equity
5

 
—

 
1

 
1

 
3

 
3

 
3

 
—

 
—

Other
7

 
3

 
4

 
1

 
—

 
9

 
5

 
2

 
1

Other, net
$
(17
)

$
(31
)

$
5


$
1


$
4

 
$
12


$
8


$
2


$
1

 
 
Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Other, Net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Decommissioning-related activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net realized income on decommissioning trust funds(a)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory agreement units
$
164

 
$
164

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Non-regulatory agreement units
104

 
104

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Net unrealized losses on decommissioning trust funds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory agreement units
(85
)
 
(85
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Non-regulatory agreement units
(56
)
 
(56
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Net unrealized gains on pledged assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Zion Station decommissioning
9

 
9

 


 
—

 
—

 
—

 
—

 
—

 
—

Regulatory offset to decommissioning trust fund-related activities(b)
(78
)
 
(78
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total decommissioning-related activities
58

 
58

 
—

 
—

 
—


—

 
—

 
—

 
—

Investment income (expense)
4

 
1

 
—

 
(1
)
 
2

(c)  
—

 
—

 
—

 
—

Long-term lease income
8

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Interest income related to uncertain income tax positions
—

 
1

 
—

 
—

 
—

 
—

 
—

 
—

 
—

AFUDC — Equity
11

 
—

 
1

 
3

 
7

 
7

 
6

 
—

 
1

Terminated interest rate swaps(d)
(26
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Other
9

 
2

 
8

 
1

 
(1
)
 
14

 
7

 
5

 
2

Other, net
$
64


$
62


$
9


$
3


$
8


$
21

 
$
13


$
5


$
3

____
(a)
Includes investment income and realized gains and losses on sales of investments of the trust funds.
(b)
Includes the elimination of NDT fund activity for the Regulatory Agreement Units, including the elimination of net income taxes related to all NDT fund activity for those units. See Note 16 — Asset Retirement Obligations of the Exelon 2015 Form 10-K for additional information regarding the accounting for nuclear decommissioning.
(c)
Relates to the cash return on BGE’s rate stabilization deferral. See Note 3 — Regulatory Matters of the Exelon 2015 Form 10-K for additional information regarding the rate stabilization deferral.
(d)
In January 2015, in connection with Generation's $750 million issuance of five-year Senior Unsecured Notes, Exelon terminated certain floating-to-fixed interest rate swaps. As the original forecasted transactions were a series of future interest payments over a ten year period, a portion of the anticipated interest payments were probable not to occur. As a result, $26 million of anticipated payments were reclassified from AOCI to Other, net in Exelon's Consolidated Statement of Operations and Comprehensive Income.
Components of depreciation, amortization and accretion, and other, net
The following tables provide additional information regarding the Registrants’ Consolidated Statements of Cash Flows for the six months ended June 30, 2016 and 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
Predecessor
 
Six Months Ended June 30, 2016
 
March 24, 2016 to June 30, 2016
 
 
January 1, 2016 to March 23, 2016
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
Pepco
 
DPL
 
ACE
 
PHI
 
 
PHI
Depreciation, amortization, accretion and depletion
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property, plant and equipment(a)
$
1,432

 
$
674

 
$
345

 
$
121

 
$
150

 
$
85

 
$
55

 
$
40

 
$
111

 
 
$
94

Amortization of regulatory assets(a)
166

 
—

 
34

 
13

 
56

 
59

 
21

 
41

 
63

 
 
58

Amortization of intangible assets, net(a)
28

 
23

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Amortization of energy contract assets and liabilities(b)
(7
)
 
(7
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Nuclear fuel(c)
557

 
557

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

ARO accretion(d)
220

 
220

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Total depreciation, amortization, accretion and depletion
$
2,396


$
1,467


$
379


$
134


$
206

 
$
144


$
76


$
81

 
$
174

 
 
$
152


 
Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Depreciation, amortization, accretion and depletion
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property, plant and equipment(a)
$
1,087

 
$
485

 
$
312

 
$
119

 
$
143

 
$
193

 
$
81

 
$
50

 
$
38

Amortization of regulatory assets(a)
101

 
—

 
40

 
12

 
49

 
114

 
44

 
24

 
48

Amortization of intangible assets, net(a)
24

 
24

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Amortization of energy contract assets and liabilities(b)
—

 
1

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Nuclear fuel(c)
552

 
552

 
—

 
—

 
—

 
—

 
—

 
—

 
—

ARO accretion(d)
193

 
193

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total depreciation, amortization, accretion and depletion
$
1,957


$
1,255


$
352


$
131


$
192

 
$
307

 
$
125


$
74


$
86

________
(a)
Included in Depreciation and amortization on the Registrants' Consolidated Statements of Operations and Comprehensive Income.
(b)
Included in Operating revenues or Purchased power and fuel expense on the Registrants’ Consolidated Statements of Operations and Comprehensive Income.
(c)
Included in Purchased power and fuel expense on the Registrants’ Consolidated Statements of Operations and Comprehensive Income.
(d)
Included in Operating and maintenance expense on the Registrants’ Consolidated Statements of Operations and Comprehensive Income.
Cash Flow Supplemental Disclosures

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
Predecessor
 
Six Months Ended June 30, 2016
 
March 24, 2016 to June 30, 2016


January 1, 2016 to March 23, 2016
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
Pepco
 
DPL
 
ACE
 
PHI


PHI
Other non-cash operating activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and non-pension postretirement benefit costs
$
297

 
$
109

 
$
83

 
$
17

 
$
33

 
$
16

 
$
9

 
$
8

 
$
31

 
 
$
23

Loss from equity method investments
10

 
11

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Provision for uncollectible accounts
51

 
13

 
18

 
10

 
3

 
8

 
8

 
10

 
7

 
 
16

Stock-based compensation costs
67

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
3

Other decommissioning-related activity(a)
(123
)
 
(123
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Energy-related options(b)
(17
)
 
(17
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Amortization of regulatory asset related to debt costs
4

 
—

 
2

 
1

 
—

 
1

 
—

 
—

 
1

 
 
1

Amortization of rate stabilization deferral
34

 
—

 
—

 
—

 
34

 
(2
)
 
2

 
—

 
—

 
 
5

Amortization of debt fair value adjustment
(6
)
 
(6
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Discrete impacts from EIMA(c)
(21
)
 
—

 
(21
)
 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Amortization of debt costs
14

 
10

 
2

 
1

 
2

 
—

 
—

 
—

 
—

 
 
—

Provision for excess and obsolete inventory

68

 
66

 
2

 
—

 
—

 
1

 
1

 
1

 
—

 
 
1

Merger-related commitments(d)(e)
503

 
3

 
—

 
—

 
—

 
138

 
100

 
120

 
358

 
 
—

Severance costs
122

 
50

 
—

 
—

 
—

 
—

 
—

 
—

 
54

 
 
—

Asset retirement costs
—

 
—

 
—

 
—

 
—

 
—

 
4

 
2

 
—

 
 
—

Lower of cost or market inventory adjustment
36

 
36

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Other
17

 
17

 
(3
)
 
(2
)
 
(12
)
 
(4
)
 
(3
)
 
(3
)
 
(7
)
 
 
(3
)
Total other non-cash operating activities
$
1,056


$
169


$
83


$
27


$
60

 
$
158


$
121


$
138

 
$
444

 
 
$
46

Non-cash investing and financing activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Change in capital expenditures not paid
$
(364
)
 
$
(317
)
 
$
(21
)
 
$
(12
)
 
$
2

 
$
11

 
$
(9
)
 
$
6

 
$
(4
)
 
 
$
11

Fair value of net assets contributed to Generation in connection with the PHI merger, net of cash(d)(f)
—

 
119

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Fair value of net assets distributed to Exelon in connection with the PHI Merger, net of cash (d)(f)
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
127

 
 
—

Fair value of pension obligation transferred in connection with the PHI Merger
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
53

 
 
—

Assumption of member purchase liability
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
29

 
 
—

Assumption of merger commitment liability
—

 
—

 
—

 
—

 
—

 
33

 
—

 
—

 
33

 
 
—

Change in PPE related to ARO update

471

 
471

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Indemnification of like-kind exchange position(g)
—

 
—

 
5

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

Non-cash financing of capital projects
60

 
60

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
—

 
 
Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Other non-cash operating activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and non-pension postretirement benefit costs
$
317

 
$
133

 
$
103

 
$
19

 
$
33

 
$
48

 
$
15

 
$
8

 
$
8

Loss from equity method investments
2

 
3

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Provision for uncollectible accounts
80

 
11

 
35

 
24

 
11

 
30

 
9

 
12

 
9

Stock-based compensation costs
79

 
—

 
—

 
—

 
—

 
6

 
—

 
—

 
—

Other decommissioning-related activity(a)
(50
)
 
(50
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Energy-related options(b)
27

 
27

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Amortization of regulatory asset related to debt costs
—

 
—

 
—

 
—

 
—

 
2

 
1

 
—

 
—

Amortization of rate stabilization deferral
40

 
—

 
—

 
—

 
40

 
9

 
8

 
1

 
—

Amortization of debt fair value adjustment
(37
)
 
(6
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Discrete impacts from EIMA(c)
77

 
—

 
77

 
—

 
—

 
—

 
—

 
—

 
—

Amortization of debt costs
35

 
8

 
2

 
1

 
1

 
1

 
—

 
—

 
—

Provision for excess and obsolete inventory
—

 
—

 
—

 
—

 
—

 
1

 
—

 
—

 
—

Lower of cost or market inventory adjustment
13

 
13

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Other
(4
)
 
(5
)
 
5

 
1

 
(9
)
 
4

 
—

 
1

 
—

Total other non-cash operating activities
$
579


$
134


$
222


$
45


$
76

 
$
101

 
$
33


$
22


$
17

Non-cash investing and financing activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Indemnification of like-kind exchange position(g)
—

 
—

 
3

 
—

 
—

 
—

 
—

 
—

 
—

Long-term software licensing agreement(f)
95

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 ________
(a)
Includes the elimination of NDT fund activity for the Regulatory Agreement Units, including the elimination of operating revenues, ARO accretion, ARC amortization, investment income and income taxes related to all NDT fund activity for these units. See Note 16 - Asset Retirement Obligations of the Exelon 2015 Form 10-K for additional information regarding the accounting for nuclear decommissioning.
(b)
Includes option premiums reclassified to realized at the settlement of the underlying contracts and recorded in Operating revenues.
(c)
Reflects the change in distribution rates pursuant to EIMA, which allows for the recovery of costs by a utility through a pre-established performance-based formula rate tariff. See Note 5 — Regulatory Matters for more information.
(d)
See Note 4 — Mergers, Acquisitions and Dispositions for additional information related to the merger with PHI.
(e)
Excludes $5 million of forgiveness of Accounts receivable related to merger commitments recorded in connection with the PHI Merger, the balance is included within Provision for uncollectible accounts.
(f)
Immediately following closing of the PHI Merger, the net assets associated with PHI's unregulated business interests were distributed by PHI to Exelon. Exelon contributed a portion of such net assets to Generation.
(g)
See Note 11— Income Taxes for discussion of the like-kind exchange tax position.
Supplemental Balance Sheet Disclosures
The following tables provide additional information about assets and liabilities of the Registrants as of June 30, 2016 and December 31, 2015:
 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
 
 
 
 
June 30, 2016
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Property, plant and equipment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated depreciation and amortization
$
17,340

(a) 
$
9,179

(a)  
$
3,785


$
3,185


$
3,161

 
$
83

 
$
2,995


$
1,157


$
998

Accounts receivable:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for uncollectible accounts
$
314


$
82


$
74


$
75


$
33

 
$
50

 
$
16


$
17


$
17

 
 
 
 
 
 
 
 
 
 
 
Predecessor
 

 
 
 
 
December 31, 2015
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Property, plant and equipment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated depreciation and amortization
$
16,375

(b) 
$
8,639

(b)  
$
3,710


$
3,101


$
3,016

 
$
5,341

 
$
2,929


$
1,139


$
968

Accounts receivable:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for uncollectible accounts
$
284


$
77

 
$
75


$
83


$
49

 
$
56

 
$
17


$
17


$
17

_______
(a)
Includes accumulated amortization of nuclear fuel in the reactor core of $2,936 million.
(b)
Includes accumulated amortization of nuclear fuel in the reactor core of $2,861 million
Schedule Of Taxes Excluding Income And Excise Taxes [Text Block]
The following utility taxes are included in revenues and expenses for the three and six months ended June 30, 2016 and 2015. Generation’s utility tax expense represents gross receipts tax related to its retail operations and the utility registrants' utility tax expense represents municipal and state utility taxes and gross receipts taxes related to their operating revenues. The offsetting collection of utility taxes from customers is recorded in revenues on the Registrants’ Consolidated Statements of Operations and Comprehensive Income.
 
Three Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Utility taxes
$
217


$
27


$
60


$
32


$
21

 
$
77

 
$
73


$
4


$
—


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
Predecessor
 
Six Months Ended June 30, 2016
 
March 24, 2016 to June 30, 2016
 
 
January 1, 2016 to March 23, 2016
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
Pepco
 
DPL
 
ACE
 
PHI
 
 
PHI
Utility taxes
$
369


$
55


$
119


$
66


$
45

 
$
152


$
9


$
—

 
$
84

 
 
$
77

 
Three Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Utility taxes
$
132


$
24


$
55


$
32


$
21

 
$
81

 
$
77


$
4


$
—

 
Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco
 
DPL
 
ACE
Utility taxes
$
279


$
51


$
117


$
67


$
44

 
$
166

 
$
157


$
9


$
—