Investment in Constellation Energy Nuclear Group, LLC (CENG) (Tables)

9 Months Ended

Sep. 30, 2011

Investment in Constellation Energy Nuclear Group, LLC (CENG)

Schedule of total equity in earnings of investment in CENG

	Quarter Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
	(In millions)
CENG	$	79.4		$	95.1		$	107.1		$	158.7
Amortization of basis difference in CENG		(43.7	)		(52.4	)		(112.9	)		(156.6	)
Total equity investment earnings (losses)—CENG1	$	35.7		$	42.7		$	(5.8	)	$	2.1

1 For the quarters ended September 30, 2011 and 2010, total equity investment earnings in CENG include $0.2 million and $0.5 million, respectively, of expense related to the portion of cost of certain share-based awards that we fund on behalf of EDF Group and affiliates (EDF). For the nine months ended September 30, 2011 and 2010, total equity investment (losses) earnings in CENG include $1.0 million and $2.1 million, respectively, of expense related to the portion of cost of certain share-based awards that we fund on behalf of EDF.

Schedule of summarized income statement information for CENG

	Quarter Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
	(In millions)
Revenues	$	438.0	$	456.2	$	1,151.1	$	1,193.2
Expenses		283.0		276.2		958.2		902.5
Income from operations		155.0		180.0		192.9		290.7
Net income		159.1		191.1		216.2		321.5