XML 169 R81.htm IDEA: XBRL DOCUMENT v3.3.1.900
Mergers, Acquisitions and Dispositions - Narrative (Details) - USD ($)
$ / shares in Units, shares in Millions
2 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 20 Months Ended
Nov. 01, 2014
Dec. 31, 2014
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2015
May. 31, 2014
May. 30, 2012
Business Acquisition [Line Items]                                  
Junior Subordinated Notes, Noncurrent         $ 1,150,000,000           $ 1,150,000,000            
Forward Contract Indexed to Issuer's Equity, Indexed Shares         23           23            
Other noncurrent assets   $ 923,000,000 $ 1,445,000,000       $ 923,000,000         $ 1,445,000,000 $ 923,000,000   $ 1,445,000,000    
Total acquisition costs                       40,000,000 386,000,000 $ 0      
Business Acquisition, Transaction Costs     259,000,000                 259,000,000     259,000,000    
Business Combination, Integration Related Costs                       80,000,000 179,000,000   121,000,000    
Bridge loan         $ 3,200,000,000.0           $ 3,200,000,000.0         $ 7,200,000,000.0  
Revenues     6,702,000,000 $ 7,401,000,000 6,514,000,000 $ 8,830,000,000 7,255,000,000 $ 6,912,000,000 $ 6,024,000,000 $ 7,237,000,000   29,447,000,000 27,429,000,000 24,888,000,000      
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                       2,310,000,000 1,176,000,000 2,456,000,000      
Net income     309,000,000 [1] 629,000,000 638,000,000 693,000,000 18,000,000 993,000,000 522,000,000 90,000,000 [2]   2,250,000,000 1,820,000,000 1,729,000,000      
Derivative, Loss on Derivative                     $ 64,000,000            
Merger and integration related costs                         44,000,000        
Change in capital expenditures not paid                       96,000,000 220,000,000 (38,000,000)      
Net present value of settlement amount                       430,000,000          
Cost of Reimbursable Expense                       40,000,000          
Payments of Merger Related Costs, Financing Activities                       138,000,000          
Payments of Debt Restructuring Costs [3]                       22,000,000          
New Jersey Board Of Public Utilities [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     62,000,000                 62,000,000     62,000,000    
Delaware Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     40,000,000                 40,000,000     40,000,000    
Maryland Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     66,000,000                 66,000,000     66,000,000    
District of Columbia Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     78,000,000                 78,000,000     78,000,000    
Energy Efficiency Program [Member] | New Jersey Board Of Public Utilities [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     15,000,000                 15,000,000     15,000,000    
Energy Efficiency Program [Member] | Delaware Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     2,000,000                 2,000,000     2,000,000    
Energy Efficiency Program [Member] | Maryland Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     43,000,000                 43,000,000     43,000,000    
Workforce Development [Member] | Delaware Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     2,000,000                 2,000,000     2,000,000    
Workforce Development [Member] | District of Columbia Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     5,000,000                 5,000,000     5,000,000    
Green Sustainability Fund [Member] | Maryland Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     14,000,000                 14,000,000     14,000,000    
Rate Bill Credits [Member] | District of Columbia Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     26,000,000                 26,000,000     26,000,000    
OneTimeBillCredit [Member] | District of Columbia Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     14,000,000                 14,000,000     14,000,000    
LowIncomeAssistance [Member] | District of Columbia Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     16,000,000                 16,000,000     16,000,000    
Charitable Contributions [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     53,000,000                 53,000,000     53,000,000    
Charitable Contributions [Member] | District of Columbia Public Service Commission [Member]                                  
Business Acquisition [Line Items]                                  
Business Acquisition, Preacquisition Contingency, Amount of Settlement     19,000,000                 19,000,000     19,000,000    
Exelon Generation Co L L C [Member]                                  
Business Acquisition [Line Items]                                  
Other noncurrent assets   578,000,000 627,000,000       578,000,000         627,000,000 578,000,000   627,000,000    
Total acquisition costs                       40,000,000 386,000,000 0      
Business Combination, Integration Related Costs                       25,000,000 11,000,000        
Revenues   386,000,000 4,294,000,000 4,768,000,000 4,232,000,000 5,840,000,000 4,802,000,000 4,412,000,000 3,789,000,000 4,390,000,000   19,135,000,000 17,393,000,000 15,630,000,000      
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                       1,313,000,000 769,000,000 761,000,000      
Net income   (42,000,000) 154,000,000 377,000,000 398,000,000 443,000,000 (91,000,000) 771,000,000 340,000,000 (185,000,000)   1,340,000,000 1,019,000,000 1,060,000,000      
Merger and integration related costs                         44,000,000        
Expected pre-tax proceeds                         1,800,000,000        
Expected after-tax proceeds                         1,400,000,000        
Change in capital expenditures not paid                       82,000,000 (61,000,000) (107,000,000)      
Development costs expensed                       22,000,000 13,000,000 10,000,000      
Baltimore Gas and Electric Company [Member]                                  
Business Acquisition [Line Items]                                  
Other noncurrent assets   9,000,000 8,000,000       9,000,000         8,000,000 9,000,000   8,000,000    
Business Combination, Integration Related Costs                       5,000,000 2,000,000        
Revenues     746,000,000 725,000,000 628,000,000 1,036,000,000 761,000,000 697,000,000 653,000,000 1,054,000,000   3,135,000,000 3,165,000,000 3,065,000,000      
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                       288,000,000 211,000,000 210,000,000      
Net income     74,000,000 51,000,000 44,000,000 106,000,000 52,000,000 46,000,000 16,000,000 85,000,000   288,000,000 211,000,000 210,000,000      
Merger and integration related costs                         0        
Maximum loss contingency                                 $ 1,700,000.0
Change in capital expenditures not paid                       (9,000,000) 25,000,000 48,000,000      
Commonwealth Edison Co [Member]                                  
Business Acquisition [Line Items]                                  
Other noncurrent assets   237,000,000 324,000,000       237,000,000         324,000,000 237,000,000   324,000,000    
Business Combination, Integration Related Costs                       10,000,000 4,000,000        
Revenues     1,196,000,000 1,376,000,000 1,148,000,000 1,185,000,000 1,079,000,000 1,222,000,000 1,128,000,000 1,134,000,000   4,905,000,000 4,564,000,000 4,464,000,000      
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                       426,000,000 408,000,000 249,000,000      
Net income     87,000,000 149,000,000 99,000,000 90,000,000 73,000,000 126,000,000 111,000,000 98,000,000   426,000,000 408,000,000 249,000,000      
Merger and integration related costs                         0        
Change in capital expenditures not paid                       34,000,000 78,000,000 (8,000,000)      
PECO Energy Co [Member]                                  
Business Acquisition [Line Items]                                  
Other noncurrent assets   20,000,000 21,000,000       20,000,000         21,000,000 20,000,000   $ 21,000,000    
Business Combination, Integration Related Costs                       5,000,000 2,000,000        
Revenues     645,000,000 740,000,000 661,000,000 985,000,000 750,000,000 693,000,000 656,000,000 993,000,000   3,032,000,000 3,094,000,000 3,100,000,000      
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                       378,000,000 352,000,000 395,000,000      
Net income     $ 79,000,000 $ 90,000,000 $ 70,000,000 $ 139,000,000 $ 98,000,000 $ 81,000,000 $ 84,000,000 $ 89,000,000   378,000,000 352,000,000 395,000,000      
Merger and integration related costs                         0        
Change in capital expenditures not paid                       $ (13,000,000) $ 0 $ 13,000,000      
Pepco Holdings [Member]                                  
Business Acquisition [Line Items]                                  
Share price     $ 27.25                 $ 27.25     $ 27.25    
Payments to acquire businesses                       $ 6,900,000,000          
Pepco Holdings [Member] | Minimum [Member]                                  
Business Acquisition [Line Items]                                  
Business exit costs                       259,000,000          
Pepco Holdings [Member] | Maximum [Member]                                  
Business Acquisition [Line Items]                                  
Other long-term investments     $ 180,000,000                 180,000,000     $ 180,000,000    
Business exit costs                       293,000,000          
Intergrys Energy Group Inc [Member] | Exelon Generation Co L L C [Member]                                  
Business Acquisition [Line Items]                                  
Total consideration transferred $ 332,000,000                                
Bargain purchase gain (after-tax) 28,000,000                                
Derivative, Loss on Derivative $ 108,000,000                                
Merger and integration related costs   $ 7,000,000                   $ 5,000,000          
[1] 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.
[2] {F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmJiZTkxZGVlYTU0NDQzYzU5MmI5ODA2YTIzODFjMGRkfFRleHRTZWxlY3Rpb246NEExNTZFREE4NkYwMUZCQUZDQTExMjI1RThCRDM3QzcM}
[3] (e)See Note 14—Debt and Credit Agreements and 4—Mergers, Acquisitions, and Dispositions for additional information on the PHI merger related debt exchange.