Quarterly Data (Unaudited) (Exelon, Generation, ComEd, PECO and BGE)

Exelon

The data shown below, which may not equal the total for the year due to the effects of rounding and dilution, includes all adjustments that Exelon considers necessary for a fair presentation of such amounts:



	Operating Revenues				Operating Income						Net (Loss) Income on Common Stock
	2014		2013		2014			2013			2014			2013
Quarter ended:
March 31	$	7,237	$	6,082	$	168	^(a)	$	513	^(b)	$	90		$	(4	)	^(c)
June 30	6,024		6,141		842		^(a)	1,005			522			490
September 30	6,912		6,502		1,739		^(a)	1,262		^(b)	993			738
December 31	7,255		6,163		348			889			18		^(d)	495

____________________________


(a)	In the first, second, and third quarter of 2014, Exelon reclassified $5 million, $13 million, and $339 million, respectively, to Operating income for presentation purposes in Exelon's Consolidated Statements of Operations and Comprehensive Income. The reclassifications did not affect Exelon's Net (Loss) Income on Common Stock.


(b)	In the first and third quarter of 2013, Exelon reclassified $5 million and $8 million, respectively, to Operating income for presentation purposes in Exelon's Consolidated Statements of Operations and Comprehensive Income. The reclassifications did not affect Exelon's Net (Loss) Income on Common Stock.


(c)	Includes $265 million of interest expense related to the remeasurement of Exelon’s like-kind exchange tax position in the first quarter of 2013. See Note 14—Income Taxes of the Combined Notes to Consolidated Financial Statements for additional information.


(d)	Includes charges to earnings related to the impairments of certain generating assets which were held for sale and certain Upstream exploration assets. See Note 8—Impairment of Long-Lived Assets of the Combined Notes to Consolidated Financial Statements for additional information.



	Average Basic Shares Outstanding (in millions)		Net (Loss) Income per Basic Share
	2014	2013	2014		2013
Quarter ended:
March 31	858	855	$	0.10	$	(0.01	)
June 30	860	856	0.61		0.57
September 30	861	857	1.15		0.86
December 31	861	856	0.02		0.60
	Average Diluted Shares Outstanding (in millions)		Net (Loss) Income per Diluted Share
	2014	2013	2014		2013
Quarter ended:
March 31	861	855	$	0.10	$	(0.01	)
June 30	864	860	0.60		0.57
September 30	863	860	1.15		0.86
December 31	868	860	0.02		0.59

The following table presents the New York Stock Exchange—Composite Common Stock Prices and dividends by quarter on a per share basis:



	2014								2013
	Fourth Quarter		Third Quarter		Second Quarter		First Quarter		Fourth Quarter		Third Quarter		Second Quarter		First Quarter
High price	$	38.93	$	36.26	$	37.73	$	33.94	$	30.59	$	32.42	$	37.80	$	34.56
Low price	33.07		30.66		33.11		26.45		26.64		29.42		29.84		29.10
Close	37.08		34.09		36.48		33.56		27.39		29.64		30.88		34.48
Dividends	0.310		0.310		0.310		0.310		0.310		0.310		0.310		0.525

Generation

The data shown below includes all adjustments that Generation considers necessary for a fair presentation of such amounts:



	Operating Revenues				Operating (Loss) Income								Net (Loss) Income on Membership Interest
	2014		2013		2014 (a)				2013				2014			2013
Quarter ended:
March 31	$	4,390	$	3,533	$	(384	)	^(a)	$	(59	)	^(b)	$	(185	)	$	(18	)
June 30	3,789		4,070		441			^(a)	603				340			330
September 30	4,412		4,255		1,225			^(a)	729			^(b)	771			490
December 31	4,802		3,772		(105		)		405				(91		)	269

____________________________


(a)	In the first, second, and third quarter of 2014, Generation reclassified $5 million, $12 million, and $338 million, respectively, to Operating (loss) income for presentation purposes in Generation's Consolidated Statements of Operations and Comprehensive Income. The reclassifications did not affect Generation's Net (Loss) Income on Membership Interest.


(b)	In the first and third quarter of 2013, Generation reclassified $5 million and $8 million, respectively, to Operating (loss) income for presentation purposes in Generation's Consolidated Statements of Operations and Comprehensive Income. The reclassifications did not affect Generation's Net (Loss) Income on Membership Interest.

ComEd

The data shown below includes all adjustments that ComEd considers necessary for a fair presentation of such amounts:



	Operating Revenues				Operating Income					Net (Loss) Income
	2014		2013		2014			2013		2014		2013
Quarter ended:
March 31	$	1,134	$	1,160	$	238		$	209	$	98	$	(81	)
June 30	1,128		1,080		259		^(a)	232		111		96
September 30	1,222		1,156		288		^(a)	278		126		126
December 31	1,079		1,068		196			236		73		109

____________________________


(a)	In both the second and third quarter of 2014, ComEd reclassified $1 million to Operating income for presentation purposes in ComEd's Consolidated Statements of Operations and Comprehensive Income. The reclassifications did not affect ComEd's Net (Loss) Income.

PECO

The data shown below includes all adjustments that PECO considers necessary for a fair presentation of such amounts:



	Operating Revenues				Operating Income				Net Income on Common Stock
	2014		2013		2014		2013		2014		2013
Quarter ended:
March 31	$	993	$	895	$	149	$	203	$	89	$	121
June 30	656		672		134		138		84		72
September 30	693		728		133		155		81		92
December 31	750		805		156		168		98		102

BGE

The data shown below includes all adjustments that BGE considers necessary for a fair presentation of such amounts:



	Operating Revenues				Operating Income				Net Income attributable to Common Shareholders
	2014		2013		2014		2013		2014		2013
Quarter ended:
March 31	$	1,054	$	880	$	169	$	163	$	85	$	77
June 30	653		653		55		69		16		22
September 30	697		737		102		114		46		50
December 31	761		794		113		101		52		47