Changes in Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2015

Schedule Of Accumulated Other Comprehensive Income (Loss)

The following tables present changes in accumulated other comprehensive income (loss) (AOCI) by component for the years ended December 31, 2015 and 2014:



For the Year Ended December 31, 2015	Gains and (Losses) on Cash Flow Hedges			Unrealized Gains and (Losses) on Marketable Securities		Pension and Non-Pension Postretirement Benefit Plan Items			Foreign Currency Items			AOCI of Equity Investments			Total
Exelon ^(a)
Beginning balance	$	(28	)	$	3	$	(2,640	)	$	(19	)	$	—		$	(2,684	)
OCI before reclassifications	(12		)	—		(100		)	(21		)	(3		)	(136		)
Amounts reclassified from AOCI ^(b)	21			—		175			—			—			196
Net current-period OCI	9			—		75			(21		)	(3		)	60
Ending balance	$	(19	)	$	3	$	(2,565	)	$	(40	)	$	(3	)	$	(2,624	)
Generation ^(a)
Beginning balance	$	(18	)	$	1	$	—		$	(19	)	$	—		$	(36	)
OCI before reclassifications	(8		)	—		—			(21		)	(3		)	(32		)
Amounts reclassified from AOCI ^(b)	5			—		—			—			—			5
Net current-period OCI	(3		)	—		—			(21		)	(3		)	(27		)
Ending balance	$	(21	)	$	1	$	—		$	(40	)	$	(3	)	$	(63	)
PECO ^(a)
Beginning balance	$	—		$	1	$	—		$	—		$	—		$	1
OCI before reclassifications	—			—		—			—			—			—
Amounts reclassified from AOCI ^(b)	—			—		—			—			—			—
Net current-period OCI	—			—		—			—			—			—
Ending balance	$	—		$	1	$	—		$	—		$	—		$	1



For the Year Ended December 31, 2014	Gains and (Losses) on Cash Flow Hedges			Unrealized Gains and (Losses) on Marketable Securities			Pension and Non-Pension Postretirement Benefit Plan items			Foreign Currency Items			AOCI of Equity Investments			Total
Exelon ^(a)
Beginning balance	$	120		$	2		$	(2,260	)	$	(10	)	$	108		$	(2,040	)
OCI before reclassifications	(31		)	(1		)	(498		)	(9		)	11			(528		)
Amounts reclassified from AOCI ^(b)	(117		)	2			118			—			(119		)	(116		)
Net current-period OCI	(148		)	1			(380		)	(9		)	(108		)	(644		)
Ending balance	$	(28	)	$	3		$	(2,640	)	$	(19	)	$	—		$	(2,684	)
Generation ^(a)
Beginning balance	$	114		$	2		$	—		$	(10	)	$	108		214
OCI before reclassifications	(15		)	(1		)	—			(9		)	11			(14		)
Amounts reclassified from AOCI ^(b)	(117		)	—			—			—			(119		)	(236		)
Net current-period OCI	(132		)	(1		)	—			(9		)	(108		)	(250		)
Ending balance	$	(18	)	$	1		$	—		$	(19	)	$	—		$	(36	)
PECO ^(a)
Beginning balance	$	—		$	1		$	—		$	—		$	—		$	1
OCI before reclassifications	—			—			—			—			—			—
Amounts reclassified from AOCI ^(b)	—			—			—			—			—			—
Net current-period OCI	—			—			—			—			—			—
Ending balance	$	—		$	1		$	—		$	—		$	—		$	1

_______________________


(a)	All amounts are net of tax. Amounts in parenthesis represent a decrease in accumulated other comprehensive income.


(b)	See next tables for details about these reclassifications.

Reclassification Out Of Accumulated Other Comprehensive Income

The following tables present amounts reclassified out of AOCI to Net income for Exelon and Generation during the years ended December 31, 2015 and 2014:

For the Year Ended December 31, 2015



Details about AOCI components	Items reclassified out of AOCI ^(a)						Affected line item in the Statements of Operations and Comprehensive Income
	Exelon			Generation
Gains and (losses) on cash flow hedges
Terminated interest rate swaps	$	(26	)	$	—		Other, net
Energy related hedges	2			2			Operating revenues
Other cash flow hedges	(11		)	(11		)	Interest expense
Total before tax	(35		)	(9		)
Tax benefit	14			4
Net of tax	$	(21	)	$	(5	)	Comprehensive income

Amortization of pension and other postretirement benefit plan items
Prior service costs^(b)	$	74		$	—
Actuarial losses^(b)	(361		)	—
Total before tax	(287		)	—
Tax benefit	112			—
Net of tax	$	(175	)	$	—

Total Reclassifications	$	(196	)	$	(5	)	Comprehensive income

For the Year Ended December 31, 2014



Details about AOCI components	Items reclassified out of AOCI ^(a)						Affected line item in the Statements of Operations and Comprehensive Income
	Exelon			Generation
Gains and (losses) on cash flow hedges
Energy related hedges	$	195		$	195		Operating revenues
Total before tax	195			195
Tax expense	(78		)	(78		)
Net of tax	$	117		$	117		Comprehensive income

Gains and (losses) on available for sale securities
Other available securities for sale	$	(2	)	$	—		Other Income and Deductions
Total before tax	(2		)	—
Net of tax	$	(2	)	$	—		Comprehensive income

Amortization of pension and other postretirement benefit plan items
Prior service costs^(b)	$	46		$	—
Actuarial losses^(b)	(239		)	—
Total before tax	(193		)	—
Tax benefit	75			—
Net of tax	$	(118	)	$	—		Comprehensive income

Equity investments
Sale of equity method investment	$	5		$	5		Equity in losses of unconsolidated affiliates
Reversal of CENG equity method AOCI	193			193			Gain on Consolidation of CENG
Total before tax	198			198
Tax expense	(79		)	(79		)
Net of tax	$	119		$	119

Total Reclassifications	$	116		$	236		Comprehensive income

_____________________


(a)	Amounts in parenthesis represent a decrease in net income.


(b)	This accumulated other comprehensive income component is included in the computation of net periodic pension and OPEB cost (see Note 17 — Retirement Benefits for additional details).


(c)	Amortization of the deferred compensation unit plan is allocated to capital and operating and maintenance expense.

Schedule of Components of Income Tax Expense (Benefit)

The following table presents income tax expense (benefit) allocated to each component of other comprehensive income (loss) during the years ended December 31, 2015 and 2014:



	For the Years Ended December 31,
	2015			2014			2013
Exelon
Pension and non-pension postretirement benefit plans:
Prior service benefit reclassified to periodic benefit cost	$	30		$	19		$	—
Actuarial loss reclassified to periodic cost	(140		)	(93		)	(133		)
Pension and non-pension postretirement benefit plan valuation adjustment	62			317			(430		)
Change in unrealized (gain) loss on cash flow hedges	(6		)	96			166
Change in unrealized (gain) loss on equity investments	1			73			(71		)
Total	$	(53	)	$	412		$	(468	)

Generation
Change in unrealized loss on cash flow hedges	$	2		$	84		$	262
Change in unrealized (gain) loss on equity investments	1			73			(72		)
Total	$	3		$	157		$	190