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Plant Retirements (Tables)

12 Months Ended

Dec. 31, 2012

Corporate Restructuring And Plant Retirements Tables [Abstract]

Total severance benefits costs, recorded as operating and maintenance expense

Year Ended December 31, 2012
Severance Benefits (a)		Exelon		Generation		ComEd (b)		PECO		BGE (c)
Severance charges	$	124	$	80	$	14	$	7	$	17
Stock compensation		7		4		1		0		1
Other charges		7		4		1		0		1
Total severance benefits	$	138	$	88	$	16	$	7	$	19

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The amounts above include $46 million at Generation, $14 million at ComEd, $7 million at PECO, and $7 million at BGE, for amounts billed by BSC through intercompany allocations for the year ended December 31, 2012.
ComEd established regulatory assets of $16 million, as of December 31, 2012, for severance benefits costs. The majority of these costs are expected to be recovered over a five-year period.
Consistent with MDPSC precedent, BGE established a regulatory asset of $19 million, as of December 31, 2012, for severance benefits costs. The majority of these costs are expected to be recovered over a five-year period.

Activity of severance obligations for the announced Cromby and Eddystone retirements

Severance Benefits Obligation		Exelon and Generation
Balance at January 1, 2011	$	7

Severance charges recorded		4
Cash payments		(4)

Balance at December 31, 2011		7

Cash payments		(4)

Balance at December 31, 2012	$	3

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details