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Debt and Credit Agreements Quarter-End (Tables)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Commonwealth Edison Co [Member]
Jun. 30, 2013
Baltimore Gas and Electric Company [Member]
Debt and Credit Agreements [Line Items]      
Commercial paper and credit facility borrowings outstanding
Type of Credit Facility Amount (a) Expiration Dates Capacity Type
Exelon Corporate  (In billions)    
 Syndicated Revolver(b) $0.5 May 2019 Letters of credit and cash
Generation       
 Syndicated Revolver  5.1 May 2019 Letters of credit and cash
 Syndicated Revolver  0.2 August 2018 Letters of credit and cash
 Bilateral  0.3 December 2015 and March 2016 Letters of credit and cash
 Bilateral  0.1 January 2015 Letters of credit
 Bilateral  0.1 October 2014 Letters of credit and cash
ComEd       
 Syndicated Revolver  1.0 March 2019 Letters of credit and cash
PECO       
 Syndicated Revolver(b)  0.6 May 2019 Letters of credit and cash
BGE       
 Syndicated Revolver(b)  0.6 May 2019 Letters of credit and cash
 Total $8.5    

  • Excludes additional credit facility agreements for Generation, ComEd, PECO and BGE with aggregate commitments of $50 million, $34 million, $34 million and $5 million, respectively, arranged with minority and community banks located primarily within ComEd's, PECO's and BGE's service territories. These facilities expire on October 18, 2014 and are solely utilized to issue letters of credit. As of June 30, 2014, letters of credit issued under these agreements for Generation, ComEd, PECO and BGE totaled $20 million, $18 million, $21 million and $1 million, respectively. Also, excludes the unsecured bridge credit facility of $7.2 billion to support the PHI transaction discussed below.
  • Includes credit facilities for Exelon Corporate, PECO and BGE with aggregate commitments of $22 million, $27 million and $27 million, respectively, that expire in August 2018.

 

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Issuance of Long-Term Debt
CompanyTypeInterest Rate Maturity Amount Use of Proceeds
ExelonJunior Subordinated Notes 2.500%June 1, 2024 $1,150 Used to finance a portion of the acquisition of PHI and for general corporate purposes
GenerationNuclear Fuel Purchase Contract 3.350%June 30, 2018 $38 Used for procurement of uranium
GenerationExGen Renewables I Project Financing(a)LIBOR + 4.250%  February 6, 2021 $300 Used for general corporate purposes
ComEdMortgage Bonds Series 115 2.150%January 15, 2019 $300 Used to refinance existing mortgage bonds
ComEdMortgage Bonds Series 116 4.700%January 15, 2044 $350 Used to refinance existing mortgage bonds

Company TypeInterest RateMaturity  Amount  Use of Proceeds
Generation Upstream Gas Lending Agreement 2.210%July 22, 2016 $3 Used to fund Upstream gas activities
Generation DOE Project Financing2.535 - 2.922%January 5, 2037 $197 Funding for Antelope Valley Solar Development
Generation Energy Efficiency Project Financing 4.400%August 31, 2014 $9 Funding to install energy conservation measures in Beckley, West Virginia
BGE Senior Notes 3.350%July 1, 2023 $300 Used to partially refinance Notes due July 1, 2013 and for general corporate purposes
   
Retirement of Long-Term Debt
Company  Type Interest RateMaturity Amount
Generation 2003 Senior Notes 5.35%January 15, 2014 $ 500
Generation Pollution Control Loan 4.10%July 1, 2014 $ 20
Generation Continental Wind Project Financing 6.00%February 28, 2033 $ 11
Generation Kennett Square Capital Lease 7.83%September 20, 2020 $ 2
Generation ExGen Renewables I3mL + 4.25%February 6, 2021 $ 3
Generation AVSR2.33% - 3.55% January 5, 2037 $ 1
Generation Clean Horizons Solar 2.56%September 7, 2030 $ 1
Generation Sacramento Solar 2.56%December 31, 2030 $ 1
ComEd Mortgage Bonds Series 110 1.63%January 15, 2014 $ 600
ComEd Pollution Control Series 1994C 5.85%January 15, 2014 $ 17
BGE Rate Stabilization Bonds 5.72%April 1, 2017 $ 35

Company Type Interest Rate  Maturity Amount
Generation Kennett Square Capital Lease 7.830%September 20, 2020 $1
Generation Solar Revolver 1.950%July 7, 2014 $6
Generation Clean Horizons Solar 2.563%September 7, 2030 $1
Generation(a)Series A Junior Subordinated Debentures 8.625%June 15, 2063 $450
ComEd First Mortgage Bonds Series 92 7.625%April 15, 2013 $125
BGE Rate Stabilization Bonds 5.720%April 1, 2017 $33