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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2012
Schedule Of Related Party Transactions By Related Party Tables [Line Items]  
Schedule Of Income Loss From Equity Method Investments [Text Block]

 

 

   For the Period March 12,
   through December 31,
 2012
Equity investment income$83
Amortization of basis difference in CENG (182)
Total equity in earnings (losses) - CENG$(99)
Schedule Of Equity Method Investment Summarized Financial Information [Text Block]
        
  Income/(Expense)   Accounts
  For the Period  Income  Receivable/
  March 12 through Statement (Accounts Payable)
Agreement December 31, 2012 Classification At December 31, 2012
PPA $(793) Purchased power and fuel $(83)
PSAA  3 Operating revenues  -
SSA  42 Operating revenues  5
Related Party Transactions Income Statement Disclosure [Text Block]
  For the Years Ended
  December 31,
  2012 2011 2010
Operating revenues from affiliates:        
 PECO (a)$6 $9 $6
 CENG (b) 42  0  0
          
 Total operating revenues from affiliates $48 $9 $6
          
Fuel and purchased power from related parties:        
 CENG (c)$793 $0 $0
 Keystone Fuels, LLC  61  68  74
 Conemaugh Fuels, LLC  68  69  70
          
 Total fuel purchases from related parties $922 $137 $144
          
Charitable contribution to Exelon Foundation(d)$7 $0 $10
          
Interest expense to affiliates, net:        
 ComEd Financing III $13 $13 $13
 PECO Trust III  6  6  6
 PECO Trust IV  6  6  6
          
 Total interest expense to affiliates, net $25 $25 $25
          
(Loss) gain in equity method investments:        
 CENG equity investment income$73 $0  0
 Amortization of basis difference in CENG (e) (172)  0  0
 Other  8  (1)  0
          
 Total loss in equity method investments$(91) $(1) $0
Related Party Transactions Balance Sheet Disclosure [Text Block]
  December 31,
  2012 2011
Investments in affiliates:     
 ComEd Financing III $6 $6
 PECO Energy Capital Corporation  4  4
 PECO Trust IV  4  5
 BGE Capital Trust II 8  0
       
       
 Total investments in affiliates $22 $15
       
Receivables from affiliates (current):     
 CENG (b)$16 $0
       
Payables to affiliates (current):     
 CENG (c)$83 $0
 ComEd Financing III  4  4
 PECO Trust III  1  1
       
 Total payables to affiliates (current) $88 $5
       
Long-term debt to BondCo and other financing trusts (including due within one year):     
 ComEd Financing III $206 $206
 PECO Trust III  81  81
 PECO Trust IV  103  103
 BGE Capital Trust II 258  0
       
 Total long-term debt due to financing trusts $648 $390
Exelon Generation Co L L C [Member]
 
Schedule Of Related Party Transactions By Related Party Tables [Line Items]  
Related Party Transactions Income Statement Disclosure [Text Block]
  For the Years Ended
  December 31,
  2012 2011 2010
Operating revenues from affiliates:        
 ComEd (a) $795 $653 $1,010
 PECO (b)  543  508  2,092
 BGE (c)  322  0  0
 CENG (d)  42  0  0
          
 Total operating revenues from affiliates $1,702 $1,161 $3,102
          
Fuel and purchased power from related parties:        
 PECO$0 $1 $1
 BGE 8  0  0
 CENG (e) 793  0  0
 Keystone Fuels, LLC  61  68  74
 Conemaugh Fuels, LLC  68  69  70
          
 Total fuel purchases from related parties $930 $138 $145
          
Operating and maintenance from affiliates:        
 ComEd (f) $2 $2 $2
 PECO (f)  3  5  4
 BSC (g)  625  314  285
          
 Total operating and maintenance from affiliates $630 $321 $291
          
(Loss) gain in equity method investments        
 CENG equity investment income 73  0  0
 Amortization of basis difference in CENG (h) (172)  0  0
 Qualifying facilities and domestic power projects  8  (1)  0
          
 Total loss in equity method investments (91) $(1) $0
          
Cash distribution paid to member $1,626 $172 $1,508
          
Contribution from member$48 $30 $62

       

(a)       Generation has an ICC-approved RFP contract with ComEd to provide a portion of ComEd's electricity supply requirements. Generation also sells RECs to ComEd. In addition, Generation had revenue from ComEd associated with the settled portion of the financial swap contract established as part of the Illinois Settlement. See Note 3 - Regulatory Matters for additional information.

(b)       Generation had a PPA with PECO to provide the full energy requirements to PECO through 2010. In addition, Generation has five-year and ten-year agreements with PECO to sell non-solar and solar AECs, respectively. See Note 3 - Regulatory Matters for additional information.

(c)       Generation provides a portion of BGE's energy requirements under its MDPSC-approved market-based SOS and gas commodity programs. See Note 3 - Regulatory Matters for additional information.

(d)       Exelon has a shared services agreement (SSA) with CENG, which expires in 2017.  Under the SSA, BSC provides a variety of support services to CENG.  Pursuant to an agreement between Exelon and EDF, the pricing in the SSA for services reflect actual costs determined on the same basis that BSC charges its affiliates for similar services.

(e)       A subsidiary of Generation has an agreement under which it is purchasing 85-90% of the output of CENG's nuclear plants that is not sold to third parties under pre-existing firm and unit contingent PPAs through 2014. Beginning on January 1, 2015 and continuing to the end of the life of the respective plants, Generation will purchase on a unit contingent basis 50.01% of the output of CENG's nuclear plants, and EDF will purchase on a unit contingent basis 49.99% of the output.

(f)       Generation requires electricity for its own use at its generating stations. Generation purchases electricity and distribution and transmission services from PECO and only distribution and transmission services from ComEd for the delivery of electricity to its generating stations.

(g)       Generation receives a variety of corporate support services from BSC, including legal, human resources, financial, information technology and supply management services. All services are provided at cost, including applicable overhead. A portion of such services is capitalized.

(h)       As of March 12, 2012, Generation had an initial basis difference of approximately $204 million between the initial carrying value of its investment in CENG and its underlying equity in CENG.  This basis difference resulted from the requirement to record the investment in CENG at fair value under purchase accounting while the underlying assets and liabilities within CENG continue to be accounted for on a historical cost basis. Generation is amortizing this basis difference over the respective useful lives of the assets and liabilities of CENG or as those assets and liabilities impact the earnings of CENG. In future periods, Generation may be eligible for distributions from CENG in excess of its 50.01% ownership interest based on tax sharing provisions contained in the operating agreement for CENG. Through purchase accounting, Generation recorded the fair value of expected future distributions. Generation will record these distributions when realized as a reduction in its investment in CENG. Distributions realized in excess of the fair value recorded would be recorded in earnings in the period earned.

(i)       Represents the fair value of Generation's five-year financial swap contract with ComEd.

(j)       Generation had a $53 million and $53 million receivable from ComEd at December 31, 2012 and 2011, respectively, associated with the completed portion of the financial swap contract entered into as part of the Illinois Settlement. See Note 3 - Regulatory Matters and Note 10 - Derivative Financial Instruments for additional information.

(k)        In order to facilitate payment processing, Exelon processes certain invoice payments on behalf of Generation.

(l)       Generation has long-term payables to ComEd and PECO as a result of the nuclear decommissioning contractual construct whereby, to the extent NDT funds are greater than the underlying ARO at the end of decommissioning, such amounts are due back to ComEd and PECO, as applicable, for payment to their respective customers. See Note 13 - Asset Retirement Obligations.

 

Related Party Transactions Balance Sheet Disclosure [Text Block]
  December 31,
  2012 2011
Mark-to-market derivative assets with affiliates (current):     
 ComEd (i)$226 $503
       
Receivables from affiliates (current):     
 ComEd (a)(j) $54 $70
 PECO (b)  56  39
 BGE (c)  31  0
       
 Total receivables from affiliates (current) $141 $109
       
Receivable from affiliate (noncurrent)     
 Exelon$1 $1
       
Mark-to-market derivative assets with affiliates (noncurrent):     
 ComEd (i)$0 $191
       
Payables to affiliates (current):     
 CENG (e) $83 $0
 Exelon (k)  33  7
 BSC (g)  77  51
       
 Total payables to affiliates (current) $193 $58
       
Payables to affiliates (noncurrent):     
 ComEd (l) $2,037 $1,857
 PECO (l)  360  365
       
 Total payables to affiliates (noncurrent) $2,397 $2,222

       

(a)       Generation has an ICC-approved RFP contract with ComEd to provide a portion of ComEd's electricity supply requirements. Generation also sells RECs to ComEd. In addition, Generation had revenue from ComEd associated with the settled portion of the financial swap contract established as part of the Illinois Settlement. See Note 3 - Regulatory Matters for additional information.

(b)       Generation had a PPA with PECO to provide the full energy requirements to PECO through 2010. In addition, Generation has five-year and ten-year agreements with PECO to sell non-solar and solar AECs, respectively. See Note 3 - Regulatory Matters for additional information.

(c)       Generation provides a portion of BGE's energy requirements under its MDPSC-approved market-based SOS and gas commodity programs. See Note 3 - Regulatory Matters for additional information.

(d)       Exelon has a shared services agreement (SSA) with CENG, which expires in 2017.  Under the SSA, BSC provides a variety of support services to CENG.  Pursuant to an agreement between Exelon and EDF, the pricing in the SSA for services reflect actual costs determined on the same basis that BSC charges its affiliates for similar services.

(e)       A subsidiary of Generation has an agreement under which it is purchasing 85-90% of the output of CENG's nuclear plants that is not sold to third parties under pre-existing firm and unit contingent PPAs through 2014. Beginning on January 1, 2015 and continuing to the end of the life of the respective plants, Generation will purchase on a unit contingent basis 50.01% of the output of CENG's nuclear plants, and EDF will purchase on a unit contingent basis 49.99% of the output.

(f)       Generation requires electricity for its own use at its generating stations. Generation purchases electricity and distribution and transmission services from PECO and only distribution and transmission services from ComEd for the delivery of electricity to its generating stations.

(g)       Generation receives a variety of corporate support services from BSC, including legal, human resources, financial, information technology and supply management services. All services are provided at cost, including applicable overhead. A portion of such services is capitalized.

(h)       As of March 12, 2012, Generation had an initial basis difference of approximately $204 million between the initial carrying value of its investment in CENG and its underlying equity in CENG.  This basis difference resulted from the requirement to record the investment in CENG at fair value under purchase accounting while the underlying assets and liabilities within CENG continue to be accounted for on a historical cost basis. Generation is amortizing this basis difference over the respective useful lives of the assets and liabilities of CENG or as those assets and liabilities impact the earnings of CENG. In future periods, Generation may be eligible for distributions from CENG in excess of its 50.01% ownership interest based on tax sharing provisions contained in the operating agreement for CENG. Through purchase accounting, Generation recorded the fair value of expected future distributions. Generation will record these distributions when realized as a reduction in its investment in CENG. Distributions realized in excess of the fair value recorded would be recorded in earnings in the period earned.

(i)       Represents the fair value of Generation's five-year financial swap contract with ComEd.

(j)       Generation had a $53 million and $53 million receivable from ComEd at December 31, 2012 and 2011, respectively, associated with the completed portion of the financial swap contract entered into as part of the Illinois Settlement. See Note 3 - Regulatory Matters and Note 10 - Derivative Financial Instruments for additional information.

(k)        In order to facilitate payment processing, Exelon processes certain invoice payments on behalf of Generation.

(l)       Generation has long-term payables to ComEd and PECO as a result of the nuclear decommissioning contractual construct whereby, to the extent NDT funds are greater than the underlying ARO at the end of decommissioning, such amounts are due back to ComEd and PECO, as applicable, for payment to their respective customers. See Note 13 - Asset Retirement Obligations.

 

Commonwealth Edison Co [Member]
 
Schedule Of Related Party Transactions By Related Party Tables [Line Items]  
Related Party Transactions Income Statement Disclosure [Text Block]
  For the Years Ended
  December 31,
          
  2012 2011 2010
Operating revenues from affiliates        
 Generation $2 $2 $2
          
Purchased power from affiliate        
 Generation (a)$789 $653 $1,010
          
Operating and maintenance from affiliate        
 BSC (b)$163 $158 $152
          
Interest expense to affiliates, net:        
 Exelon$0 $2 $0
 ComEd Financing III  13  13  13
          
 Total interest expense to affiliates, net$13 $15 $13
          
Capitalized costs        
 BSC (b)$92 $85 $84
          
Cash dividends paid to parent$105 $300 $310
          
Contribution from parent$11 $11 $2
Related Party Transactions Balance Sheet Disclosure [Text Block]
  December 31,
  2012  2011
Prepaid voluntary employee beneficiary association trust (c) $10 $12
       
Investment in affiliate     
 ComEd Financing III $6 $6
       
Receivable from affiliates (noncurrent):     
 Generation (d)$2,037 $1,857
 Other 2  3
       
 Total receivable from affiliates (noncurrent) $2,039 $1,860
       
Payables to affiliates (current):     
 Generation (a)(e)$54 $70
 BSC (b)  35  35
 ComEd Financing III  4  4
 Other  4  2
       
 Total payables to affiliates (current) $97 $111
       
Mark-to-market derivative liability with affiliate (current)     
 Generation (f) $226 $503
       
Mark-to-market derivative liability with affiliate (noncurrent)     
 Generation (f) $0 $191
       
Long-term debt to ComEd financing trust      
 ComEd Financing III$206 $206

____________________

(a)       ComEd procures a portion of its electricity supply requirements from Generation under an ICC-approved RFP contract. ComEd also purchases RECs from Generation. In addition, purchased power expense includes the settled portion of the financial swap contract with Generation established as part of the Illinois Settlement Legislation. See Note 3 - Regulatory Matters and Note 10 - Derivative Financial Instruments for additional information.

(b)       ComEd receives a variety of corporate support services from BSC, including legal, human resources, financial, information technology and supply management services. All services are provided at cost, including applicable overhead. A portion of such services is capitalized.

(c)       The voluntary employee benefit association trusts covering active employees are included in corporate operations and are funded by the operating segments. A prepayment to the active welfare plans has accumulated due to actuarially determined contribution rates, which are the basis for ComEd's contributions to the plans, being higher than actual claim expense incurred by the plans over time. The prepayment is included in other current assets.

(d)       ComEd has a long-term receivable from Generation as a result of the nuclear decommissioning contractual construct for generating facilities previously owned by ComEd. To the extent the assets associated with decommissioning are greater than the applicable ARO at the end of decommissioning, such amounts are due back to ComEd for payment to ComEd's customers.

(e)       ComEd had a $53 million and $53 million payable to Generation at December 31, 2012 and 2011, respectively, associated with the completed portion of the financial swap contract entered into as part of the Illinois Settlement Legislation. See Note 3 - Regulatory Matters and Note 10 - Derivative Financial Information for additional information.

(f)       To fulfill a requirement of the Illinois Settlement Legislation, ComEd entered into a five-year financial swap with Generation.

 

PECO Energy Co [Member]
 
Schedule Of Related Party Transactions By Related Party Tables [Line Items]  
Related Party Transactions Income Statement Disclosure [Text Block]
  For the Years Ended
  December 31,
          
  2012 2011 2010
Operating revenues from affiliates:        
 Generation (a) $3 $5 $5
          
Purchased power from affiliate        
 Generation (b) $533 $495 $2,085
          
Operating and maintenance from affiliates:        
 BSC (c) $107 $92 $89
 Generation  4  4  0
          
 Total operating and maintenance from affiliates $111 $96 $89
          
Interest expense to affiliates, net:        
 PECO Trust III $6 $6 $6
 PECO Trust IV  6  6  6
          
 Total interest expense to affiliates, net $12 $12 $12
          
Loss in equity method investments        
          
Capitalized costs        
 BSC (c) $54 $60 $40
          
Cash dividends paid to parent $343 $348 $224
          
Repayment of receivable from parent$0 $0 $180
          
Contribution from parent$9 $18 $43

________       

(a)       PECO provides energy to Generation for Generation's own use.

(b)       PECO obtained all of its electric supply from Generation through 2010 under a PPA. Beginning January 1, 2011, PECO purchases electric supply from Generation under contracts executed through its competitive procurement process. In addition, PECO has five-year and ten-year agreements with Generation to purchase non-solar and solar AECs, respectively. See Note 3 - Regulatory Matters for additional information on AECs.

(c)       PECO receives a variety of corporate support services from BSC, including legal, human resources, financial, information technology and supply management services. All services are provided at cost, including applicable overhead. A portion of such services is capitalized.

(d)       The voluntary employee beneficiary association trusts covering active employees are included in corporate operations and are funded by the operating segments. A prepayment to the active welfare plans has accumulated due to actuarially determined contribution rates, which are the basis for PECO's contributions to the plans, being higher than actual claim expense incurred by the plans over time.

(e)       PECO has a long-term receivable from Generation as a result of the nuclear decommissioning contractual construct, whereby, to the extent the assets associated with decommissioning are greater than the applicable ARO at the end of decommissioning, such amounts are due back to PECO for payment to PECO's customers.

       

 

Related Party Transactions Balance Sheet Disclosure [Text Block]
  December 31,
  2012 2011
Prepaid voluntary employee beneficiary association trust (d) $ 2 $ 3
       
Investments in affiliates:     
 PECO Energy Capital Corporation $ 4 $ 4
 PECO Trust IV   4   4
       
 Total investments in affiliates $ 8 $ 8
       
Receivable from affiliate (noncurrent):     
 Generation (e) $ 360 $ 365
       
Mark-to-market derivative liability with affiliate (current):     
       
Payables to affiliates (current):     
 Generation (b) $ 56 $ 39
 BSC (c)   18   21
 Exelon  1   1
 PECO Trust III   1   1
       
 Total payables to affiliates (current) $ 76 $ 62
       
Long-term debt to financing trusts (including amounts due within one year):     
 PECO Trust III $ 81 $ 81
 PECO Trust IV   103   103
       
 Total long-term debt to financing trusts $ 184 $ 184
       

(a)       PECO provides energy to Generation for Generation's own use.

(b)       PECO obtained all of its electric supply from Generation through 2010 under a PPA. Beginning January 1, 2011, PECO purchases electric supply from Generation under contracts executed through its competitive procurement process. In addition, PECO has five-year and ten-year agreements with Generation to purchase non-solar and solar AECs, respectively. See Note 3 - Regulatory Matters for additional information on AECs.

(c)       PECO receives a variety of corporate support services from BSC, including legal, human resources, financial, information technology and supply management services. All services are provided at cost, including applicable overhead. A portion of such services is capitalized.

(d)       The voluntary employee beneficiary association trusts covering active employees are included in corporate operations and are funded by the operating segments. A prepayment to the active welfare plans has accumulated due to actuarially determined contribution rates, which are the basis for PECO's contributions to the plans, being higher than actual claim expense incurred by the plans over time.

(e)       PECO has a long-term receivable from Generation as a result of the nuclear decommissioning contractual construct, whereby, to the extent the assets associated with decommissioning are greater than the applicable ARO at the end of decommissioning, such amounts are due back to PECO for payment to PECO's customers.

       

 

Baltimore Gas and Electric Company [Member]
 
Schedule Of Related Party Transactions By Related Party Tables [Line Items]  
Related Party Transactions Income Statement Disclosure [Text Block]
  For the Years Ended
  December 31,
          
  2012 2011 2010
Operating revenues from affiliates:        
 Generation (a) $10 $8 $7
          
Purchased power from affiliate        
 Generation (b) $396 $348 $428
          
Operating and maintenance from affiliates:        
 BSC (c) $106 $150 $126
          
Capitalized costs        
 BSC (c) $21 $29 $49
          
Cash dividends paid to parent $0 $(85) $0
          
Contribution from parent$66 $0 $0
Related Party Transactions Balance Sheet Disclosure [Text Block]
  December 31,
  2012 2011
       
Investments in affiliates:     
 BGE Capital Trust II$ 8 $ 8
       
Payables to affiliates (current):     
 Generation (b) $ 31 $ 41
 BSC (c)   12   -
 Exelon (d)  17   -
 ComEd  3   -
 PECO  2   -
       
 Total payables to affiliates (current) $ 65 $ 41
       
Long-term debt to BGE financing trust     
 BGE Capital Trust II$ 258 $ 258