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CONSOLIDATED STATEMENTS OF CASH FLOWS (Baltimore Gas and Electric Company) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Adjustments to reconcile to net cash provided by operating activities      
Depreciation and amortization $ 589.3 $ 519.5 $ 651.4
Other amortization 39.4 33.3 135.7
Deferred income taxes (193.7) (716.3) 1,847.0
Investment tax credit adjustments (4.3) (4.5) (12.1)
Deferred fuel costs 5.0 67.4 68.9
Deferred storm costs (15.5)    
Defined benefit plan expenses 93.6 89.4 107.6
Accrual of residential customer rate credit     112.4
Impairment losses and other costs 891.0 2,476.8 124.7
Changes in:      
Materials, supplies, and fuel stocks 34.7 0.1 220.6
Other current assets 5.5 (150.0) 217.2
Accounts payable (201.4) 80.0 (1,105.0)
Other current liabilities (96.2) (1,028.4) 788.8
Net cash provided by operating activities 1,254.4 511.3 4,390.8
Cash Flows From Investing Activities      
Proceeds from sales of investments and other assets 105.8 244.0 88.3
Increase in restricted funds 51.8 (60.3) 1,003.3
Net cash used in investing activities (2,380.2) (1,445.2) 675.6
Cash Flows From Financing Activities      
Proceeds from issuance of long-term debt 564.2 550.0 136.1
Repayment of long-term debt (305.3) (664.5) (1,986.8)
Debt issuance costs (3.2) (32.8) (98.4)
Preference stock dividends paid (13.2) (13.2) (13.2)
Net cash provided by (used in) financing activities 61.8 (477.6) (1,828.6)
Net (Decrease) Increase in Cash and Cash Equivalents (1,064.0) (1,411.5) 3,237.8
Cash and Cash Equivalents at Beginning of Year 2,028.5 3,440.0 202.2
Cash and Cash Equivalents at End of Year 964.5 2,028.5 3,440.0
Cash paid (received) during the year for:      
Interest (net of amounts capitalized) 265.3 289.5 369.5
Income taxes (66.7) 1,044.2 57.1
Baltimore Gas and Electric Company
     
Cash Flows From Operating Activities      
Net income 135.7 147.6 90.7
Adjustments to reconcile to net cash provided by operating activities      
Depreciation and amortization 272.1 249.2 262.1
Other amortization 7.3 5.2 9.2
Deferred income taxes 145.8 300.2 184.7
Investment tax credit adjustments (1.0) (1.1) (1.1)
Deferred fuel costs 5.0 67.4 68.9
Deferred storm costs (15.5)    
Defined benefit plan expenses 35.7 36.0 32.7
Allowance for equity funds used during construction (15.1) (10.5) (8.2)
Accrual of residential customer rate credit     112.4
Impairment losses and other costs     20.0
Changes in:      
Accounts receivable 103.4 (57.6) (5.1)
Accounts receivable, affiliated companies (0.6) 14.3 (11.1)
Materials, supplies, and fuel stocks (9.6) 8.0 76.4
Income taxes receivable, net 34.7 (55.9)  
Other current assets (87.6) (6.6) (10.2)
Accounts payable (43.3) 87.5 (65.0)
Accounts payable, affiliated companies (18.8) (13.4) 1.3
Other current liabilities 15.3 (121.5) 62.7
Long-term receivables and payables, affiliated companies (53.0) (200.8) (197.8)
Regulatory assets, net 9.9 (64.3) (44.4)
Other (89.2) (64.9) 67.6
Net cash provided by operating activities 431.2 318.8 645.8
Cash Flows From Investing Activities      
Utility construction expenditures (excluding equity portion of allowance for funds used during construction) (588.0) (551.5) (372.6)
Proceeds from U.S. Department of Energy grant 40.6 54.7  
Change in cash pool at parent   314.7 (165.9)
Proceeds from sales of investments and other assets   20.9  
Increase in restricted funds (0.2) (5.2) (0.6)
Net cash used in investing activities (547.6) (166.4) (539.1)
Cash Flows From Financing Activities      
Net repayment of short-term borrowings   (46.0) (324.0)
Proceeds from issuance of long-term debt 300.0    
Repayment of long-term debt (81.7) (56.5) (90.0)
Debt issuance costs (5.1) (0.3) (0.5)
Contribution from noncontrolling interest     8.0
Preference stock dividends paid (13.2) (13.2) (13.2)
(Distribution to) contribution from parent (85.0)   315.9
Net cash provided by (used in) financing activities 115.0 (116.0) (103.8)
Net (Decrease) Increase in Cash and Cash Equivalents (1.4) 36.4 2.9
Cash and Cash Equivalents at Beginning of Year 50.0 13.6 10.7
Cash and Cash Equivalents at End of Year 48.6 50.0 13.6
Cash paid (received) during the year for:      
Interest (net of amounts capitalized) 122.3 127.9 136.9
Income taxes $ (53.6) $ (76.0) $ (250.9)