Commitments (Tables)

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

The table below sets forth the future minimum lease payments under operating and capital leases for continuing operations together with the present value of the net minimum lease payments under capital leases as of December 31, 2014 for 2015 through 2019 and thereafter:



	Future Commitments for
December 31,	Capital Leases		Operating Leases
	(in millions)
2015	$	10	$	57
2016	10		57
2017	10		57
2018	10		57
2019	10		75
Thereafter	109		502
Total	159		$	805
Less: Imputed interest	96
Present value of total minimum lease payments	$	63

Electricity Purchase Contract Commitment

Actual purchases under these contracts for the years ended December 31, 2014, 2013, and 2012 are also presented:



	Electricity Purchase Contracts		Fuel Purchase Contracts		Other Purchase Contracts
Actual purchases during the year ended December 31,	(in millions)
2012	$	2,819	$	1,832	$	1,637
2013	2,665		1,590		1,743
2014	3,104		1,521		1,386
Future commitments for the year ending December 31,
2015	$	3,559	$	1,266	$	1,377
2016	3,660		819		930
2017	3,217		761		898
2018	3,335		502		707
2019	3,521		356		614
Thereafter	34,805		3,235		4,874
Total	$	52,097	$	6,939	$	9,400

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

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