Other Events (Tables)

12 Months Ended

Dec. 31, 2011

Other Events

Schedule of 2011 Events

	Pre-Tax			After-Tax
	(In millions)
Impairment losses and other costs	$	(891.0	)	$	(530.2	)
Impact of power purchase agreement with CENG		(200.4	)		(118.5	)
Amortization of basis difference in CENG		(153.1	)		(90.5	)
Gain on settlements with U.S. Department of Energy		93.8			57.3
Gain on divestitures		57.3			32.7
Merger costs		(117.9	)		(70.9	)
Transaction fees for Boston Generating acquisition		(15.5	)		(9.9	)
Total other items	$	(1,226.8	)	$	(730.0	)

Schedule of 2010 Events

	Pre-Tax			After-Tax
	(In millions)
Impairment losses and other costs	$	(2,476.8	)	$	(1,487.1	)
International coal contract dispute settlement		56.6			35.4
Deferred income tax expense relating to federal subsidies for providing post-employment prescription drug benefits					(8.8	)
Amortization of basis difference in CENG		(195.2	)		(117.5	)
Loss on early retirement of 2012 Notes		(51.6	)		(30.9	)
Impact of power purchase agreement with CENG		(185.6	)		(113.3	)
Gain on divestitures		240.0			146.0
Total other items	$	(2,612.6	)	$	(1,576.2	)

Schedule of 2009 Events

	Pre-Tax			After-Tax
	(In millions)
Gain on sale of 49.99% membership interest in our nuclear generation and operation business (CENG) to EDF	$	7,445.6		$	4,456.1
Amortization of basis difference in CENG		(29.6	)		(17.8	)
Net loss on divestitures		(468.8	)		(293.2	)
Impairment losses and other costs (1)		(124.7	)		(96.2	)
Impairment of nuclear decommissioning trust assets through November 6, 2009		(62.6	)		(46.8	)
Loss on redemption of Zero Coupon Senior Notes		(16.0	)		(10.0	)
Maryland PSC order—BGE residential customer credits		(112.4	)		(67.1	)
Merger termination and strategic alternatives costs		(145.8	)		(13.8	)
Workforce reduction costs		(12.6	)		(9.3	)
Total other items	$	6,473.1		$	3,901.9

(1)

After-tax amount net of noncontrolling interest.

Schedule of pre-tax gain on sale of a 49.99% interest in CENG

	(In billions)
Fair value of the consideration received from EDF	$	4.7
Estimated fair value of our retained interest in CENG		5.1
Carrying amount of CENG's assets and liabilities prior to deconsolidation		(2.4	)
Pre-tax gain	$	7.4

Schedule of amortization periods for the components of basis difference in CENG

Difference	Amortization Period
Property, plant and equipment	Depreciable life
Power purchase agreements and revenue sharing agreements	Term of the agreement
Land and intangibles with indefinite lives	Upon sale by CENG

Schedule of how cash proceeds paid or received at the inception of energy purchase and sale contracts are recorded

In-the-money contracts—proceeds paid	Investing Outflow
Out-of-the-money contracts—proceeds received	Financing Inflow

Schedule of net cash flows from contract and portfolio acquisitions

Year Ended December 31, 2009
	(In millions)
Investing activities—Contract and portfolio acquisitions	$	(866.3	)
Financing activities—Proceeds from contract and portfolio acquisitions		863.8
Net cash flows from contract and portfolio acquisitions	$	(2.5	)

Year Ended December 31, 2009
	(In millions)
Investing activities—Contract and portfolio acquisitions	$	(1,287.4	)
Financing activities—Proceeds from contract and portfolio acquisitions		1,379.3
Net cash flows from contract and portfolio acquisitions	$	91.9

Schedule of the status of the involuntary severance liabilities

	Q1 2009 Program			Q4 2008 Program
	(In millions)
Initial severance liability balance	$	10.8		$	19.7
Additional expenses recorded in 2009		1.8			—
Amounts recorded as pension and postretirement liabilities		—			(3.0	)
Net cash severance liability		12.6			16.7
Cash severance payments		(12.0	)		(15.8	)
Severance liability balance at December 31, 2009	$	0.6		$	0.9