Severance (Tables)

9 Months Ended

Sep. 30, 2014

Restructuring and Related Activities [Abstract]

Activity of severance obligations for the corporate restructuring (excluding obligations recorded in equity)

Amounts included in the table below represent the severance liability recorded by Exelon, Generation, ComEd, PECO and BGE for employees of those Registrants and exclude amounts billed through intercompany allocations:

Nine Months Ended September 30, 2014
Severance Liability	Exelon			Generation			ComEd		PECO		BGE
Balance at December 31, 2013	$	53		$	10		$	—	$	—	$	6
Payments	(36		)	(5		)	—		—		(4		)
Balance at September 30, 2014	$	17		$	5		$	—	$	—	$	2

Amounts included in the table below represent the severance liability recorded by Exelon and Generation related to the CENG integration:

Nine Months Ended September 30, 2014
Severance Liability	Exelon and Generation
Balance at December 31, 2013	$	2
Integration of CENG(a)	19
Severance charges	2
Payments	(7		)
Balance at September 30, 2014	$	16

_______________

(a) Includes the fair value of the CENG integration-related obligation as of April 1, 2014, the date of consolidation. Note this does not include $4 million of severance charges that were paid out prior to consolidation. See Note 6 — Investment in Constellation Energy Nuclear Group, LLC for additional information.

Restructuring and Related Costs

For the three and nine months ended September 30, 2014 and 2013, the Registrants recorded the following severance costs associated with these ongoing severance benefits within Operating and maintenance expense in their Consolidated Statements of Operations and Comprehensive Income:

	Exelon			Generation			ComEd		PECO		BGE
Three Months Ended
September 30, 2014	$	(2	)	$	(2	)	$	—	$	—	$	—
September 30, 2013	$	12		$	11		$	1	$	—	$	—

	Exelon		Generation		ComEd		PECO		BGE
Nine Months Ended
September 30, 2014	$	4	$	3	$	1	$	—	$	—
September 30, 2013	$	14	$	12	$	2	$	—	$	—