SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF PARENT

12 Months Ended

Dec. 31, 2013

Condensed Financial Information Of Parent [Abstract]

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF PARENT

CONDENSED STATEMENTS OF OPERATIONS

(in millions)

	Years Ended December 31,
	2013			2012			2010
Operating revenues	$	8		$	9		$	4
Operating expenses	(75		)	(111		)	(146		)
Operating loss	(67		)	(102		)	(142		)
Equity in loss from continuing operations of subsidiaries	(580		)	(289		)	(788		)
Interest expense and other	(4		)	(375		)	(383		)
Loss before income taxes	(651		)	(766		)	(1,313		)
Reorganization items, net	78			37			—
Provision (benefit) for income taxes	(59		)	122			(235		)
Net loss attributable to EME common shareholder	$	(670	)	$	(925	)	$	(1,078	)

CONDENSED STATEMENTS OF CASH FLOWS

(in millions)

	Years Ended December 31,
	2013			2012			2011
Net cash used in operating activities	$	(20	)	$	(497	)	$	(53	)
Net cash used in financing activities	(7		)	(9		)	(2		)
Net cash provided by investing activities	263			96			366
Net increase (decrease) in cash and cash equivalents	236			(410		)	311
Cash and cash equivalents at beginning of period	328			738			427
Cash and cash equivalents at end of period	$	564		$	328		$	738
Cash dividends received from subsidiaries	$	221		$	45		$	903

CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(in millions)

	Years Ended December 31,
	2013			2012			2011
Net Loss	$	(670	)	$	(925	)	$	(1,078	)
Other comprehensive income (loss), net of tax	77			(44		)	(63		)
Comprehensive Loss Attributable to Edison Mission Energy Common Shareholder	$	(593	)	$	(969	)	$	(1,141	)

CONDENSED BALANCE SHEETS

(in millions)

	December 31,
	2013			2012
Assets
Cash and cash equivalents	$	564		$	328
Affiliate receivables	530			363
Other current assets	7			15
Total current assets	1,101			706
Investments in subsidiaries	4,259			5,015
Other long-term assets	198			260
Total Assets	$	5,558		$	5,981
Liabilities and Shareholder's Equity
Accounts payable and accrued liabilities	$	46		$	18
Affiliate payables	152			132
Total current liabilities	198			150
Liabilities subject to compromise	5,268			5,256
Deferred taxes and other	213			131
Total Liabilities	5,679			5,537
Total EME Common Shareholder's Equity (Deficit)	(121		)	444
Total Liabilities and Shareholder's Equity	$	5,558		$	5,981

Basis of Presentation

EME (parent company only) has accounted for wholly owned subsidiaries using the equity method. These financial statements are presented on a condensed basis. Additional disclosures relating to the parent company financial statements are included in "Item 8. Combined Notes to Consolidated Financial Statements" of this report.

Note 2. Commitments and Contingencies

For a description of all material contingencies and guarantees of EME, including the parent company only, see "Item 8. Combined Notes to Consolidated Financial Statements—Note 9. Commitments and Contingencies" of this report.