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Severance (Tables)
12 Months Ended
Dec. 31, 2014
Restructuring and Related Activities [Abstract]  
Business Acquisition, Integration, Restructuring and Other Related Costs [Text Block]
ounts included in the table below represent the severance liability recorded by Exelon and Generation related to the CENG integration:
Year Ended December 31, 2014
 
Exelon and Generation
Severance Liability
 
 
Balance at December 31, 2013
 
$
2

Integration of CENG (a)
 
19

Severance charges
 
3

Payments
 
(11
)
Balance at December 31, 2014
 
$
13

______________________
(a)
Includes the fair value of the CENG integration-related obligation as of April 1, 2014, the date of consolidation. Note this includes an additional $3 million of severance charges incurred in the first quarter of 2014 by CENG. See Note 5 - Investment in Constellation Energy Nuclear Group, LLC for additional information.
Schedule of Restructuring and Related Costs
For the year ended December 31, 2012, the Registrants recorded the following severance benefit costs associated with identified job reductions within Operating and maintenance expense in their Consolidated Statements of Operations and Comprehensive Income, except for those costs that were capitalized as regulatory assets related to ComEd and BGE:
 
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
Severance Benefits (a)
 
Exelon (b)
 
Generation
 
ComEd (b)
 
PECO
 
BGE (b)
Severance charges
 
$
124

 
$
80

 
$
14

 
$
7

 
$
17

Stock compensation
 
7

 
4

 
1

 

 
1

Other charges
 
7

 
4

 
1

 

 
1

Total severance benefits
 
$
138

 
$
88

 
$
16

 
$
7

 
$
19

________________________ 
(a)
The amounts above include $46 million at Generation, $14 million at ComEd, $7 million at PECO, and $7 million at BGE, for amounts billed by BSC through intercompany allocations for the year ended December 31, 2012.
(b)
Exelon, ComEd and BGE established regulatory assets of $35 million, $16 million and $19 million, respectively, for severance benefits costs for the year ended December 31, 2012. The majority of these costs are expected to be recovered over a five-year period.
Schedule of Corporate Restructuring Severance Obligations
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:
 
Severance liability
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
Balance at December 31, 2012
$
111

 
$
33

 
$
1

 
$

 
$
11

Severance charges (a)
5

 
1

 

 

 

Stock compensation
1

 

 

 

 

Payments
(64
)
 
(24
)
 
(1
)
 

 
(5
)
Balance at December 31, 2013
$
53

 
$
10

 
$

 
$

 
$
6

Payments
(41
)
 
(7
)
 

 

 
(4
)
Balance at December 31, 2014
$
12

 
$
3

 
$

 
$

 
$
2

________________________
(a)
Includes salary continuance and health and welfare severance benefits. Amounts primarily represent benefits provided for under Exelon’s ongoing severance plan. One-time termination benefits were not material for the years ended December 31, 2014 and December 31, 2013.

Schedule Of Severance Costs
For the years ended December 31, 20142013, and 2012, 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:
 
Severance Benefits (a)
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
Severance Charges-2014
$
7

 
$
5

 
$
1

 
$

 
$
1

Severance Charges-2013
18

 
16

 
2

 

 

Severance Charges-2012
19

 
14

 
2

 
1

 
3

________________________
(a)
The amounts above for Generation include $1 million, $2 million, and $0 million for amounts billed by BSC through intercompany allocations for the years ended December 31, 2014December 31, 2013, and December 31, 2012, respectively. Amounts billed by BSC to ComEd, PECO and BGE were not material.
(b)
The amount of ongoing severance for Generation for the year ended December 31, 2014 includes a $3 million severance reserve as a result of anticipated employee position reductions due to recent acquisitions.