XML 78 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 1,600 $ 1,411
Cash and cash equivalents of variable interest entities 44 75
Restricted cash and investments 60 86
Restricted cash and investments of variable interest entity 87 47
Accounts receivable, net    
Customer 2,584 2,795
Other 1,232 1,141
Accounts receivable of variable interest entities 177 292
Mark-to-market derivative assets 730 938
Unamortized energy contracts assets 460 886
Inventories, net    
Fossil fuel 288 246
Materials and supplies 821 768
Deferred income taxes 292 131
Regulatory assets 877 764
Other 699 560
Total current assets 9,951 10,140
Property, plant and equipment, net 46,495 45,186
Deferred debits and other assets    
Regulatory assets 6,509 6,497
Nuclear decommissioning trust funds 7,776 7,248
Investments 1,154 1,184
Investments in affiliates 23 22
Investment in CENG 1,939 1,849
Goodwill 2,625 2,625
Mark-to-market derivative assets 779 937
Pledged assets for Zion Station decommissioning 486 614
Unamortized energy contracts assets 803 1,073
Other 1,121 1,186
Deferred income taxes   116
Total deferred debits and other assets 23,215 23,235
Total assets 79,661 78,561
Current liabilities    
Short-term borrowings 214 0
Short-term notes payable - accounts receivable agreement 0 210
Long-term debt due within one year 1,461 975
Long-term debt of variable interest entities due within one year 182 72
Accounts payable 2,369 2,446
Accounts payable of variable interest entities 108 202
Accrued expenses 1,540 1,800
Deferred income taxes 50 58
Regulatory liabilities 314 368
Mark-to-market derivative liabilities 126 352
Unamortized energy contract liabilities 305 455
Other 838 853
Total current liabilities 7,507 7,791
Long-term debt 17,583 17,190
Long-term debt of variable financing trusts 648 648
Long-term debt of variable interest entity 339 508
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 11,931 11,551
Asset retirement obligations 5,118 5,074
Pension obligations 3,094 3,428
Non-pension postretirement benefit obligations 2,764 2,662
Spent nuclear fuel obligation 1,021 1,020
Regulatory liabilities 4,204 3,981
Mark-to-market derivative liabilities 218 281
Unamortized energy contract liabilities 314 528
Payable for Zion Station decommissioning 339 432
Other 2,514 1,650
Total deferred credits and other liabilities 31,517 30,607
Total liabilities 57,594 56,744
Commitments and contingencies      
Preferred securities 0 87
Shareholders' equity    
Common stock 16,716 16,632
Treasury stock, at cost (35 and 35 shares held at December 31, 2010 and December 31, 2009, respectively) (2,327) (2,327)
Retained earnings 10,131 9,893
Accumulated other comprehensive income (loss), net (2,661) [1] (2,767) [1]
Total shareholders' equity 21,859 21,431
BGE preference stock not subject to mandatory redemption 193 193
Noncontrolling interest 15 106
Total equity 22,067 21,730
Total liabilities and shareholders' equity 79,661 78,561
Member's equity    
Accumulated other comprehensive income (loss), net (2,661) [1] (2,767) [1]
Removal Costs [Member]
   
Current liabilities    
Regulatory liabilities 103 97
Deferred credits and other liabilities    
Regulatory liabilities 1,420 1,406
Exelon Generation Co L L C [Member]
   
Current assets    
Cash and cash equivalents 884 596
Cash and cash equivalents of variable interest entities 44 75
Restricted cash and cash equivalents 0 0
Restricted cash and investments of variable interest entity 37 16
Accounts receivable, net    
Customer 1,489 1,482
Other 417 472
Accounts receivable of variable interest entities 175 292
Mark-to-market derivative assets 730 938
Mark-to-market derivative assets with affiliates 0 226
Receivables from affiliates 107 141
Unamortized energy contracts assets 460 886
Inventories, net    
Fossil fuel 169 130
Materials and supplies 661 626
Deferred income taxes 177  
Other 455 331
Total current assets 5,805 6,211
Property, plant and equipment, net 19,797 19,531
Deferred debits and other assets    
Nuclear decommissioning trust funds 7,776 7,248
Investments 401 420
Investments in affiliates 0 0
Investment in CENG 1,939 1,849
Mark-to-market derivative assets 766 924
Prepaid pension asset 1,927 1,975
Pledged assets for Zion Station decommissioning 486 614
Unamortized energy contracts assets 803 1,073
Other 798 836
Total deferred debits and other assets 14,896 14,939
Total assets 40,498 40,681
Current liabilities    
Short-term borrowings 21 0
Long-term debt due within one year 544 24
Long-term debt of variable interest entities due within one year 104 4
Accounts payable 1,254 1,346
Accounts payable of variable interest entities 108 202
Accrued expenses 925 1,116
Payables to affiliates 162 193
Borrowings from Exelon intercompany money pool 0  
Deferred income taxes 44 128
Mark-to-market derivative liabilities 110 334
Unamortized energy contract liabilities 276 378
Other 348 372
Total current liabilities 3,896 4,097
Long-term debt 5,545 5,245
Long-term debt to affiliate 1,528 2,007
Long-term debt of variable interest entity 88 203
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 5,899 5,398
Asset retirement obligations 4,983 4,938
Non-pension postretirement benefit obligations 843 755
Spent nuclear fuel obligation 1,021 1,020
Payables to affiliates 2,593 2,397
Mark-to-market derivative liabilities 112 232
Unamortized energy contract liabilities 311 516
Payable for Zion Station decommissioning 339 432
Other 789 776
Total deferred credits and other liabilities 16,890 16,464
Total liabilities 27,947 28,016
Commitments and contingencies 0 0
Shareholders' equity    
Accumulated other comprehensive income (loss), net 243 [1] 513 [1]
Noncontrolling interest 17 108
Member's equity    
Membership interest 8,872 8,876
Undistributed earnings 3,419 3,168
Accumulated other comprehensive income (loss), net 243 [1] 513 [1]
Total member's equity 12,534 12,557
Total equity 12,551 12,665
Total liabilities and equity 40,498 40,681
Commonwealth Edison Co [Member]
   
Current assets    
Cash and cash equivalents 34 144
Restricted cash and cash equivalents 3 0
Accounts receivable, net    
Customer 443 539
Other 525 452
Inventories, net    
Inventories, net 103 91
Deferred income taxes 18 83
Receivable from Exelon intercompany money pool 172  
Counterparty collateral deposited 3 53
Regulatory assets 335 388
Other 31 25
Total current assets 1,495 1,775
Property, plant and equipment, net 14,444 13,826
Deferred debits and other assets    
Regulatory assets 819 666
Investments 5 8
Investments in affiliates 6 6
Goodwill 2,625 2,625
Receivable from affiliate 2,361 2,039
Prepaid pension asset 1,631 1,661
Other 300 299
Total deferred debits and other assets 7,747 7,304
Total assets 23,686 22,905
Current liabilities    
Short-term borrowings 153 0
Long-term debt due within one year 617 252
Accounts payable 474 379
Accrued expenses 238 295
Payables to affiliates 61 97
Customer deposits 133 136
Regulatory liabilities 171 170
Mark-to-market derivative liabilities 16 18
Mark-to-market derivative liabilities with affiliate 0 226
Other 84 82
Total current liabilities 1,947 1,655
Long-term debt 5,057 5,315
Long-term debt of variable financing trusts 206 206
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 4,057 4,272
Asset retirement obligations 99 99
Non-pension postretirement benefit obligations 354 273
Regulatory liabilities 3,393 3,229
Mark-to-market derivative liabilities 106 49
Other 994 484
Total deferred credits and other liabilities 9,003 8,406
Total liabilities 16,213 15,582
Commitments and contingencies 0 0
Shareholders' equity    
Common stock 1,588 1,588
Other paid-in capital 5,189 5,014
Retained earnings 696 721
Accumulated other comprehensive income (loss), net 0 0
Total shareholders' equity 7,473 7,323
Total liabilities and shareholders' equity 23,686 22,905
Member's equity    
Accumulated other comprehensive income (loss), net 0 0
Commonwealth Edison Co [Member] | Removal Costs [Member]
   
Current liabilities    
Regulatory liabilities 82 75
Deferred credits and other liabilities    
Regulatory liabilities 1,202 1,192
PECO Energy Co [Member]
   
Current assets    
Cash and cash equivalents 609 362
Restricted cash and cash equivalents 1  
Accounts receivable, net    
Customer 250 364
Other 116 161
Inventories, net    
Fossil fuel 58 65
Materials and supplies 21 19
Deferred income taxes 48 40
Receivable from Exelon intercompany money pool 1  
Prepaid utility taxes 38 21
Regulatory assets 22 32
Other 46 30
Total current assets 1,210 1,094
Property, plant and equipment, net 6,270 6,078
Deferred debits and other assets    
Regulatory assets 1,419 1,378
Investments 22 22
Investments in affiliates 8 8
Receivable from affiliate 410 360
Prepaid pension asset 368 373
Other 38 40
Total deferred debits and other assets 2,265 2,181
Total assets 9,745 9,353
Current liabilities    
Short-term notes payable - accounts receivable agreement   210
Long-term debt due within one year 300 300
Accounts payable 249 244
Accrued expenses 91 82
Payables to affiliates 51 76
Customer deposits 49 51
Regulatory liabilities 111 169
Other 28 26
Total current liabilities 879 1,158
Long-term debt 2,196 1,647
Long-term debt of variable financing trusts 184 184
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 2,440 2,331
Asset retirement obligations 29 29
Non-pension postretirement benefit obligations 301 284
Regulatory liabilities 592 538
Other 105 113
Total deferred credits and other liabilities 3,467 3,295
Total liabilities 6,726 6,284
Preferred securities   87
Shareholders' equity    
Common stock 2,388 2,388
Retained earnings 630 593
Accumulated other comprehensive income (loss), net 1 [1] 1 [1]
Total shareholders' equity 3,019 2,982
Total liabilities and shareholders' equity 9,745 9,353
Member's equity    
Accumulated other comprehensive income (loss), net 1 [1] 1 [1]
PECO Energy Co [Member] | Removal Costs [Member]
   
Current liabilities    
Regulatory liabilities   0
Deferred credits and other liabilities    
Regulatory liabilities   0
Baltimore Gas and Electric Company [Member]
   
Current assets    
Cash and cash equivalents 7 89
Restricted cash and cash equivalents 0  
Restricted cash and investments of variable interest entity 50 30
Accounts receivable, net    
Customer 404 409
Other 132 111
Income taxes receivable 0 3
Inventories, net    
Fossil fuel 61 51
Materials and supplies 36 31
Deferred income taxes 5 1
Prepaid utility taxes 76 57
Regulatory assets 184 190
Other 7 8
Total current assets 962 980
Property, plant and equipment, net 5,713 5,498
Deferred debits and other assets    
Regulatory assets 509 522
Investments 5 5
Investments in affiliates 8 8
Prepaid pension asset 434 467
Other 26 26
Total deferred debits and other assets 982 1,028
Total assets 7,657 7,506
Current liabilities    
Short-term borrowings 40 0
Long-term debt due within one year 0 400
Long-term debt of variable interest entities due within one year 69 67
Accounts payable 184 195
Accrued expenses 127 106
Payables to affiliates 54 65
Deferred income taxes 9 0
Customer deposits 72 71
Regulatory liabilities 31 29
Other 58 47
Total current liabilities 644 980
Long-term debt 1,746 1,446
Long-term debt of variable financing trusts 258 258
Long-term debt of variable interest entity 230 265
Deferred credits and other liabilities    
Deferred income taxes and unamortized investment tax credits 1,759 1,658
Asset retirement obligations 7 8
Non-pension postretirement benefit obligations 221 229
Regulatory liabilities 218 214
Other 66 90
Total deferred credits and other liabilities 2,271 2,199
Total liabilities 5,149 5,148
Commitments and contingencies 0 0
Shareholders' equity    
Common stock 1,360 1,360
Retained earnings 958 808
Total shareholders' equity 2,318 2,168
BGE preference stock not subject to mandatory redemption 190 190
Total equity 2,508 2,358
Total liabilities and shareholders' equity 7,657 7,506
Baltimore Gas and Electric Company [Member] | Removal Costs [Member]
   
Current liabilities    
Regulatory liabilities 21 22
Deferred credits and other liabilities    
Regulatory liabilities $ 218 $ 214
[1] (a) All amounts are net of tax. Amounts in parenthesis represent a decrease in accumulated other comprehensive income.