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CONSOLIDATED STATEMENTS OF CASH FLOWS (Constellation Energy Group, Inc. and Subsidiaries) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows From Operating Activities      
Net (loss) income $ (306.8) $ (931.8) $ 4,503.4
Adjustments to reconcile to net cash provided by operating activities      
Depreciation, depletion, accretion, and amortization 589.3 519.5 651.4
Amortization of nuclear fuel     117.9
Amortization of energy contracts and derivatives designated as hedges 438.0 319.6 (138.4)
All 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 obligation expense 93.6 89.4 107.6
Defined benefit obligation payments (114.9) (324.0) (372.5)
Merger costs 62.5   128.2
Workforce reduction costs     12.6
Impairment losses and other costs 891.0 2,476.8 124.7
Impairment losses on nuclear decommissioning trust assets     62.6
Gain on sale of 49.99% membership interest in CENG     (7,445.6)
(Gain) loss on divestitures (57.3) (245.8) 468.8
Gains on termination of contracts (26.9) (76.8)  
Gain on U. S. Department of Energy settlement (58.4)    
Accrual of BGE residential customer credit     112.4
Equity in earnings of affiliates less than dividends received 9.1 14.1 15.5
Derivative contracts classified as financing activities 8.8 186.0 1,138.3
Changes in working capital      
Accounts receivable, excluding margin (268.8) (236.5) 543.3
Derivative assets and liabilities, excluding collateral 775.3 449.9 425.3
Net collateral and margin (245.0) 44.2 1,522.8
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)
Liability for unrecognized tax benefits (40.8) (66.6) 102.1
Accrued taxes and other current liabilities (96.2) (1,028.4) 788.8
Other (67.8) 11.7 149.3
Net cash provided by operating activities 1,254.4 511.3 4,390.8
Cash Flows From Investing Activities      
Investments in property, plant and equipment (1,106.8) (1,050.3) (1,529.7)
Asset acquisitions and business combinations, net of cash acquired (1,501.9) (445.8) (41.1)
Investments in nuclear decommissioning trust fund securities     (385.2)
Proceeds from nuclear decommissioning trust fund securities     366.5
Investments in joint ventures     (201.6)
Proceeds from sale of 49.99% membership interest in CENG     3,528.7
Proceeds from U. S. Department of Energy grant 40.6 54.7  
Proceeds from sales of investments and other assets 105.8 244.0 88.3
Proceeds from investment tax credits and grants related to renewable energy investments 81.7 56.5  
Payment for issuance of loans receivable (75.0)    
Proceeds from repayment of loans receivable 45.0    
Contract and portfolio acquisitions (3.7) (208.3) (2,153.7)
Decrease (increase) in restricted funds 51.8 (60.3) 1,003.3
Other (17.7) (35.7) 0.1
Net cash (used in) provided by investing activities (2,380.2) (1,445.2) 675.6
Cash Flows From Financing Activities      
Net repayment of short-term borrowings (12.1) (13.6) (809.7)
Proceeds from issuance of common stock 21.1 14.0 33.9
Proceeds from issuance of long-term debt 564.2 550.0 136.1
Common stock dividends paid (182.6) (183.3) (228.0)
BGE preference stock dividends paid (13.2) (13.2) (13.2)
Proceeds from contract and portfolio acquisitions 2.0 52.2 2,263.1
Repayment of long-term debt (305.3) (664.5) (1,986.8)
Derivative contracts classified as financing activities (8.8) (186.0) (1,138.3)
Debt and credit facility costs (3.2) (32.8) (98.4)
Other (0.3) (0.4) 12.7
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 during the year for:      
Interest (net of amounts capitalized) 265.3 289.5 369.5
Income taxes $ (66.7) $ 1,044.2 $ 57.1