XML 184 R59.htm IDEA: XBRL DOCUMENT v3.8.0.1
Changes in Accumulated Other Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Schedule Of Accumulated Other Comprehensive Income (Loss)
The following tables present changes in accumulated other comprehensive income (loss) (AOCI) by component for the years ended December 31, 2017 and 2016:
For the Year Ended December 31, 2017
Gains and
(Losses) on
Cash Flow
Hedges

Unrealized
Gains and (losses) on
Marketable
Securities

Pension and
Non-Pension
Postretirement
Benefit Plan
Items

Foreign
Currency
Items

AOCI of
Equity
Investments

Total
Exelon(a)











Beginning balance
$
(17
)
 
$
4

 
$
(2,610
)
 
$
(30
)
 
$
(7
)
 
$
(2,660
)
OCI before reclassifications
(1
)
 
6

 
11

 
7

 
6

 
29

Amounts reclassified from AOCI(b)
4

 
—

 
140

 
—

 
—

 
144

Net current-period OCI
3


6


151


7


6


173

Ending balance
$
(14
)

$
10


$
(2,459
)

$
(23
)

$
(1
)

$
(2,487
)
Generation(a)









 

Beginning balance
$
(19
)
 
$
2

 
$
—

 
$
(30
)
 
$
(7
)
 
$
(54
)
OCI before reclassifications
(1
)
 
1

 
—

 
7

 
6

 
13

Amounts reclassified from AOCI(b)
4

 
—

 
—

 
—

 
—

 
4

Net current-period OCI
3


1


—


7


6


17

Ending balance
$
(16
)

$
3


$
—


$
(23
)

$
(1
)

$
(37
)
PECO(a)









 

Beginning balance
$
—

 
$
1

 
$
—

 
$
—

 
$
—

 
$
1

OCI before reclassifications
—

 
—

 
—

 
—

 
—

 
—

Amounts reclassified from AOCI(b)
—

 
—

 
—

 
—

 
—

 
—

Net current-period OCI
—


—


—


—


—


—

Ending balance
$
—


$
1


$
—


$
—


$
—


$
1

For the Year Ended December 31, 2016
Gains and
(Losses) on
Cash Flow
Hedges
 
Unrealized
Gains and (losses) on
Marketable
Securities
 
Pension and
Non-Pension
Postretirement
Benefit Plan
items
 
Foreign
Currency
Items
 
AOCI of
Equity
Investments
 
Total
Exelon(a)
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
(19
)

$
3


$
(2,565
)

$
(40
)

$
(3
)
 
$
(2,624
)
OCI before reclassifications
(6
)

1


(182
)

5


(4
)
 
(186
)
Amounts reclassified from AOCI(b)
8


—


137


5


—

 
150

Net current-period OCI
2


1


(45
)

10


(4
)

(36
)
Ending balance
$
(17
)

$
4


$
(2,610
)

$
(30
)

$
(7
)

$
(2,660
)
Generation(a)









 

Beginning balance
$
(21
)

$
1


$
—


$
(40
)

$
(3
)
 
$
(63
)
OCI before reclassifications
(6
)

1


—


5


(4
)
 
(4
)
Amounts reclassified from AOCI(b)
8


—


—


5


—

 
13

Net current-period OCI
2


1


—


10


(4
)

9

Ending balance
$
(19
)

$
2


$
—


$
(30
)

$
(7
)

$
(54
)
PECO(a)









 

Beginning balance
$
—


$
1


$
—


$
—


$
—

 
$
1

OCI before reclassifications
—


—


—


—


—

 
—

Amounts reclassified from AOCI(b)
—


—


—


—


—

 
—

Net current-period OCI
—


—


—


—


—


—

Ending balance
$
—


$
1


$
—


$
—


$
—


$
1

PHI Predecessor(a)
 
 
 
 
 
 
 
 
 
 
 
Beginning balance January 1, 2016
$
(8
)
 
$
—

 
$
(28
)
 
$
—

 
$
—

 
$
(36
)
OCI before reclassifications
—

 
—

 
—

 
—

 
—

 
—

Amounts reclassified from AOCI(b)
—

 
—

 
1

 
—

 
—

 
1

Net current-period OCI
—

 
—

 
1

 
—

 
—

 
1

Ending balance March 23, 2016(c)
$
(8
)
 
$
—

 
$
(27
)
 
$
—

 
$
—

 
$
(35
)
__________ 
(a)
All amounts are net of tax and noncontrolling interests. Amounts in parenthesis represent a decrease in AOCI.
(b)
See next tables for details about these reclassifications.
(c)
As a result of the PHI Merger, the PHI predecessor balances at March 23, 2016 were reduced to zero on March 24, 2016 due to purchase accounting adjustments applied to PHI.
Reclassification Out Of Accumulated Other Comprehensive Income
The following tables present amounts reclassified out of AOCI to Net income for Exelon, Generation and PHI during the years ended December 31, 2017 and 2016:
For the Year Ended December 31, 2017
Details about AOCI components
 
Items reclassified out of AOCI(a)
 
Affected line item in the Statement of Operations and Comprehensive Income
 
 
 
 
 
 
 
  
 
Exelon
 
Generation
 
 
Gains and (losses) on cash flow hedges
 
 
 
 
 
 
Other cash flow hedges
 
$
(5
)
 
$
(5
)
 
Interest expense
Total before tax
 
(5
)

(5
)
 
 
Tax benefit
 
1

 
1

 
 
Net of tax
 
$
(4
)

$
(4
)
 
Comprehensive income
 
 
 
 
 
 
 
Amortization of pension and other
postretirement benefit plan items
Prior service costs(b)
 
$
92

 
$
—

 
 
Actuarial losses(b)
 
(324
)
 
—

 
 
Total before tax
 
(232
)

—

 
 
Tax benefit
 
92

 
—

 
 
Net of tax
 
$
(140
)

$
—

 
Comprehensive Income
 
 
 
 
 
 
 
Total Reclassifications
 
$
(144
)

$
(4
)
 
Comprehensive income

For the Year Ended December 31, 2016
Details about AOCI components
 
Items reclassified out of AOCI(a)
 
Affected line item in the Statement of Operations and Comprehensive Income
 
 
 
 
 
 
Predecessor
 
 
 
 
 
 
 
 
January 1, 2016 to March 23, 2016
 
 
  
 
Exelon
 
Generation
 
PHI
 
 
Loss on cash flow hedges
 
 
 
 
 
 
 
 
Other cash flow hedges
 
$
(13
)
 
$
(13
)
 
$
—

 
Interest expense
Total before tax
 
(13
)

(13
)

—

 
 
Tax benefit
 
5

 
5

 
—

 
 
Net of tax
 
$
(8
)

$
(8
)

$
—

 
Comprehensive income
 
 
 
 
 
 
 
 
 
Amortization of pension and other postretirement benefit plan items
 
 
 
 
 
 
 
 
Prior service costs(b)
 
$
78

 
$
—

 
$
—

 
 
Actuarial losses(b)
 
(302
)
 
—

 
(1
)
 
 
Total before tax
 
(224
)

—


(1
)
 
 
Tax benefit
 
87

 
—

 
—

 
 
Net of tax
 
$
(137
)

$
—


$
(1
)
 
Comprehensive Income
 
 
 
 
 
 
 
 
 
Losses on foreign currency translation
 
 
 
 
 
 
 
 
Loss
 
$
(5
)
 
$
(5
)
 
$
—

 
Other income and (deductions)
Total before tax
 
(5
)

(5
)

—

 
 
Tax benefit
 
—

 
—

 
—

 
 
Net of tax
 
$
(5
)

$
(5
)

$
—

 
 
Total Reclassifications
 
$
(150
)

$
(13
)

$
(1
)
 
Comprehensive income
__________
(a)
Amounts in parenthesis represent a decrease in net income.
(b)
This AOCI component is included in the computation of net periodic pension and OPEB cost (see Note 16 — Retirement Benefits for additional details).
Schedule of Components of Income Tax Expense (Benefit)
The following table presents income tax expense (benefit) allocated to each component of other comprehensive income (loss) during the years ended December 31, 2017 and 2016:
 
For the Year Ended December 31,
 
2017
 
2016
 
2015
Exelon
 
 
 
 
 
Pension and non-pension postretirement benefit plans:
 
 
 
 
 
Prior service benefit reclassified to periodic benefit cost
$
36

 
$
30

 
$
30

Actuarial loss reclassified to periodic benefit cost
(128
)
 
(118
)
 
(140
)
Pension and non-pension postretirement benefit plans valuation adjustment
13

 
115

 
62

Change in unrealized loss on cash flow hedges
(7
)
 
—

 
(6
)
Change in unrealized (loss)/gain on equity investments
(3
)
 
3

 
1

Change in unrealized loss on marketable securities

(1
)
 
—

 
—

Total
$
(90
)
 
$
30


$
(53
)
 
 
 
 
 
 
Generation
 
 
 
 
 
Change in unrealized (loss)/gain on cash flow hedges
$
(6
)
 
$
(2
)
 
$
2

Change in unrealized (loss)/gain on equity investments
(3
)
 
3

 
1

Change in unrealized loss marketable securities
(1
)
 
—

 
—

Total
$
(10
)
 
$
1


$
3

 
Predecessor
 
January 1 to
March 23,
 
For the Year Ended
December 31,
PHI
2016
 
2015
Pension and non-pension postretirement benefit plans:
 
 
 
Actuarial loss reclassified to periodic cost
$
—

 
$
6