XML 86 R66.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Details) (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Segment Reporting Information [Line Items]      
Total revenues $ 4,686,000,000 [1] $ 4,956,000,000 [1]  
Intersegment revenues 0 [2] 1,000,000 [2]  
Income taxes 158,000,000 446,000,000  
Net income (loss) 200,000,000 669,000,000  
Total assets 77,628,000,000   54,995,000,000
Amount of revenue from transactions with other operating segments of the same entity. 0 [2] 1,000,000 [2]  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 0 [2] 1,000,000 [2]  
Segment Reporting Additional Narrative Information [Abstract]      
Unrealized Gain (Loss) on ComEd Swap (Generation Intersegment Revenues) 11,000,000    
Exelon Generation Co L L C [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 2,739,000,000 [1],[3] 2,643,000,000 [1],[3]  
Intersegment revenues 366,000,000 [2],[3] 306,000,000 [2],[3]  
Net income (loss) 166,000,000 [3] 495,000,000 [3]  
Total assets 41,723,000,000 [3]   27,433,000,000 [3]
Revenues from external customers for Generation 2,739,000,000 [4] 2,643,000,000 [4]  
Amount of revenue from transactions with other operating segments of the same entity. 366,000,000 [2],[3] 306,000,000 [2],[3]  
Revenues net of purchased power and fuel expense from external customers for Generation 1,695,000,000 [5] 1,760,000,000  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity 0    
Total revenues net of purchased power and fuel expense for Generation 1,695,000,000 1,760,000,000  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 366,000,000 [2],[3] 306,000,000 [2],[3]  
Segment Reporting Additional Narrative Information [Abstract]      
Utility Taxes 13,000,000 6,000,000  
Generation Mid Atlantic [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 966,000,000 1,075,000,000  
Intersegment revenues (4,000,000)    
Revenues from external customers for Generation 970,000,000 [4] 1,075,000,000 [4]  
Amount of revenue from transactions with other operating segments of the same entity. (4,000,000)    
Revenues net of purchased power and fuel expense from external customers for Generation 774,000,000 [5] 914,000,000  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity (4,000,000)    
Total revenues net of purchased power and fuel expense for Generation 770,000,000 914,000,000  
Intersegment revenues for Generation with PECO 111,000,000 143,000,000  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. (4,000,000)    
Generation Midwest [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 1,219,000,000 1,427,000,000  
Intersegment revenues 4,000,000    
Revenues from external customers for Generation 1,215,000,000 [4] 1,427,000,000 [4]  
Amount of revenue from transactions with other operating segments of the same entity. 4,000,000    
Revenues net of purchased power and fuel expense from external customers for Generation 813,000,000 [5] 965,000,000  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity 4,000,000    
Total revenues net of purchased power and fuel expense for Generation 817,000,000 965,000,000  
Intersegment revenues for Generation with ComEd 247,000,000 163,000,000  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 4,000,000    
Generation New England [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 93,000,000 3,000,000  
Intersegment revenues 2,000,000    
Revenues from external customers for Generation 91,000,000 [4] 3,000,000 [4]  
Amount of revenue from transactions with other operating segments of the same entity. 2,000,000    
Revenues net of purchased power and fuel expense from external customers for Generation 37,000,000 [5] 2,000,000  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity 2,000,000    
Total revenues net of purchased power and fuel expense for Generation 39,000,000 2,000,000  
Intersegment revenues for Generation with BGE 19,000,000    
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 2,000,000    
Generation New York [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 43,000,000 0  
Intersegment revenues (2,000,000)    
Revenues from external customers for Generation 45,000,000 [4] 0 [4]  
Amount of revenue from transactions with other operating segments of the same entity. (2,000,000)    
Revenues net of purchased power and fuel expense from external customers for Generation 10,000,000 [5] 0  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity (2,000,000)    
Total revenues net of purchased power and fuel expense for Generation 8,000,000 0  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. (2,000,000)    
Generation ERCOT [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 128,000,000 101,000,000  
Intersegment revenues 0    
Revenues from external customers for Generation 128,000,000 [4] 101,000,000 [4]  
Amount of revenue from transactions with other operating segments of the same entity. 0    
Revenues net of purchased power and fuel expense from external customers for Generation 34,000,000 [5] 4,000,000  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity 0    
Total revenues net of purchased power and fuel expense for Generation 34,000,000 4,000,000  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 0    
Generation Other Regions [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 79,000,000 [6] 37,000,000 [6]  
Intersegment revenues 4,000,000 [6]    
Revenues from external customers for Generation 75,000,000 [4],[6] 37,000,000 [4],[6]  
Amount of revenue from transactions with other operating segments of the same entity. 4,000,000 [6]    
Revenues net of purchased power and fuel expense from external customers for Generation 10,000,000 [5],[6] (8,000,000) [6]  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity 4,000,000 [6]    
Total revenues net of purchased power and fuel expense for Generation 14,000,000 [6] (8,000,000) [6]  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 4,000,000 [6]    
Generation Reportable Segment Revenues [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 2,528,000,000 2,643,000,000  
Intersegment revenues 4,000,000    
Revenues from external customers for Generation 2,524,000,000 [4] 2,643,000,000 [4]  
Amount of revenue from transactions with other operating segments of the same entity. 4,000,000    
Revenues net of purchased power and fuel expense from external customers for Generation 1,678,000,000 [5] 1,877,000,000  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity 4,000,000    
Total revenues net of purchased power and fuel expense for Generation 1,682,000,000 1,877,000,000  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 4,000,000    
Generation Other Activity [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 211,000,000 [7] 0 [7]  
Intersegment revenues (4,000,000) [7]    
Revenues from external customers for Generation 215,000,000 [4],[7] 0 [4],[7]  
Amount of revenue from transactions with other operating segments of the same entity. (4,000,000) [7]    
Revenues net of purchased power and fuel expense from external customers for Generation 17,000,000 [5],[7] (117,000,000) [7]  
Amount of revenue net of purchased power and fuel expense from transactions with other operating segments of the same entity (4,000,000) [7]    
Total revenues net of purchased power and fuel expense for Generation 13,000,000 [7] (117,000,000) [7]  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. (4,000,000) [7]    
Commonwealth Edison Co [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 1,388,000,000 [1] 1,466,000,000 [1]  
Intersegment revenues 1,000,000 [2] 1,000,000 [2]  
Net income (loss) 87,000,000 69,000,000  
Total assets 22,589,000,000   22,638,000,000
Amount of revenue from transactions with other operating segments of the same entity. 1,000,000 [2] 1,000,000 [2]  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 1,000,000 [2] 1,000,000 [2]  
Segment Reporting Additional Narrative Information [Abstract]      
Utility Taxes 61,000,000 64,000,000  
PECO Energy Co [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 875,000,000 [1] 1,153,000,000 [1]  
Intersegment revenues 1,000,000 [2] 1,000,000 [2]  
Net income (loss) 97,000,000 126,000,000  
Total assets 9,215,000,000   9,156,000,000
Amount of revenue from transactions with other operating segments of the same entity. 1,000,000 [2] 1,000,000 [2]  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 1,000,000 [2] 1,000,000 [2]  
Segment Reporting Additional Narrative Information [Abstract]      
Utility Taxes 34,000,000 48,000,000  
Baltimore Gas and Electric Company [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 52,000,000 [1],[8]    
Intersegment revenues 1,000,000 [2],[8]    
Net income (loss) (65,000,000) [8]    
Total assets 7,369,000,000 [8]    
Amount of revenue from transactions with other operating segments of the same entity. 1,000,000 [2],[8]    
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 1,000,000 [2],[8]    
Segment Reporting Additional Narrative Information [Abstract]      
Utility Taxes 3,000,000    
Other Segment [Member]
     
Segment Reporting Information [Line Items]      
Total revenues 351,000,000 [1],[9] 186,000,000 [1],[9]  
Intersegment revenues 350,000,000 [2],[9] 186,000,000 [2],[9]  
Net income (loss) (85,000,000) [9] (21,000,000) [9]  
Total assets 10,876,000,000 [9]   6,162,000,000 [9]
Amount of revenue from transactions with other operating segments of the same entity. 350,000,000 [2],[9] 186,000,000 [2],[9]  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. 350,000,000 [2],[9] 186,000,000 [2],[9]  
Business Intersegment Eliminations [Member]
     
Segment Reporting Information [Line Items]      
Total revenues (719,000,000) [1] (492,000,000) [1]  
Intersegment revenues (719,000,000) [2] (493,000,000) [2]  
Net income (loss) 0 0  
Total assets (14,144,000,000)   (10,394,000,000)
Amount of revenue from transactions with other operating segments of the same entity. (719,000,000) [2] (493,000,000) [2]  
Segment Reporting Intersegment Revenue [Abstract]      
Amount of revenue from transactions with other operating segments of the same entity. $ (719,000,000) [2] $ (493,000,000) [2]  
[1] For the three months ended March 31, 2012 and 2011, utility taxes of $ 13 million and $ 6 million, respectively, are included in revenues and expenses for Generation. For the three months ended March 31, 2012 and 2011, utility taxes of $61 million and $64 million, respectively, are included in revenues and expenses for ComEd. For the three months ended March 31, 2012 and 2011, utility taxes of $34 million and $48 million, respectively, are included in revenues and expenses for PECO. For the period of March 12, 2012 through March 31, 2012, utility taxes of $3 million are included in revenues and expenses for BGE.
[2] The intersegment profit associated with Generation's sale of AECs to PECO is not eliminated in consolidation due to the recognition of intersegment profit in accordance with regulatory accounting guidance. See Note 2 of the Exelon 2011 Form 10-K for additional information on AECs. For Exelon, these amounts are included in operating revenues in the Consolidated Statements of Operations.
[3] Generation includes the six power marketing reportable segments shown below: Mid-Atlantic, Midwest, New England, New York, ERCOT and Other Regions. Intersegment revenues for Generation for the three months ended March 31, 2012 include revenue from sales to PECO of $111 million and sales to BGE of $19 million in the Mid-Atlantic region, and sales to ComEd of $247 million in the Midwest region, net of $11 million related to the unrealized mark-to-market losses related to the ComEd swap, which eliminate upon consolidation. For the three months ended March 31, 2011 intersegment revenues for Generation include revenue from sales to PECO of $143 million in the Mid-Atlantic region, and sales to ComEd of $163 million in the Midwest region.
[4] Includes all wholesale and retail electric sales from third parties and affiliated sales to ComEd, PECO and BGE.
[5] Includes purchases and sales from third parties and affiliated sales to ComEd, PECO and BGE.
[6] Other regions includes the South, West and Canada, which are not considered individually significant.
[7] Other represents activities not allocated to a region and includes retail and wholesale gas, upstream natural gas, proprietary trading, demand response, energy efficiency, the design, construction, and operation of renewable energy, heating, cooling, and cogeneration facilities, home improvements, sales of electric and gas appliances, servicing of heating, air conditioning, plumbing, electrical, and indoor quality systems, mark-to-market activities associated with Generation's economic hedging activities. In addition, includes generation under the reliability-must-run rate schedule and generation of Brandon Shores, H.A. Wagner, and C.P. Crane, the generating facilities planned for divestiture as a result of the Exelon and Constellation merger. Also includes amortization of intangible assets related to commodity contracts recorded at fair value at the merger date.
[8] Amounts represent activity recorded at BGE from March 12, 2012, the closing date of the merger, through March 31, 2012.
[9] Other primarily includes Exelon’s corporate operations, shared service entities and other financing and investment activities.