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Severance (Tables)
 12 Months Ended
Dec. 31, 2016
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
 
For the Year Ended December 31,
Acquisition, Integration and Financing Costs(a)
2016
 
2015
Exelon(b)
$
143

 
$
87

Generation
37

 
24

ComEd(c)
(6
)
 
9

PECO
5

 
4

BGE(c)
(1
)
 
5

Pepco(c)
28

 
3

DPL(c)
20

 
2

ACE
19

 
1


 
Successor
 
 
Predecessor
Acquisition, Integration and Financing Costs(a)
March 24, 2016 to December 31, 2016
 
 
January 1, 2016 to
March 23, 2016
 
For the Year Ended December 31, 2015
PHI(c)
$
69

 
 
$
29

 
$
19

______________
(a)
The costs incurred are classified primarily within Operating and maintenance expense in the Registrants’ respective Consolidated Statements of Operations and Comprehensive Income, with the exception of the financing costs, which are included within Interest expense. Costs do not include merger commitments discussed above.
(b)
Reflects costs (benefits) recorded at Exelon related to financing, including mark-to-market activity on forward-starting interest rate swaps.
(c)
For the year ended December 31, 2016, includes the reversal of previously incurred acquisition, integration and financing costs of $8 million, $6 million, $11 million, $4 million, and $16 million incurred at ComEd, BGE, Pepco, DPL and PHI, respectively, that have been deferred and recorded as a regulatory asset for anticipated recovery. See Note 3 - Regulatory Matters for more information.

 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
 
 
 
 
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI
 
Pepco(b)
 
DPL(c)
 
ACE
Severance benefits(a)
$
57

 
$
9

 
$
2

 
$
1

 
$
1

 
$
44

 
$
21

 
$
13

 
$
10

______________
(a)
The amounts above for Generation, ComEd, PECO, BGE, Pepco, DPL and ACE include $8 million, $2 million, $1 million, $1 million, $20 million, $12 million and $10 million, respectively, for amounts billed by BSC and/or PHISCO through intercompany allocations for the year ended December 31, 2016.
(b)
Pepco established a regulatory asset of $11 million as of December 31, 2016, primarily for severance benefit costs related to the PHI merger.
(c)
DPL established a regulatory asset of $4 million as of December 31, 2016, primarily for severance benefit costs related to the PHI merger.
and 2015, the Registrants recorded the following severance costs associated with ongoing severance benefits within Operating and maintenance expense in their Consolidated Statements of Operations and Comprehensive Income:
 
 
 
 
 
 
 
 
 
 
 
Exelon
 
Generation(a)
 
ComEd(a)
 
PECO(a)
 
BGE(a)
Year ended December 31,
 
 
 
 
 
 
 
 
 
2016
$
19

 
$
13

 
$
3

 
$
1

 
$
1

2015
18

 
15

 
2

 
—

 
1

 
Successor
 
Predecessor
 
March 24, 2016 to December 31, 2016
 
January 1, 2016 to March 23, 2016
 
For the Year Ended December 31, 2015
PHI(a)
 
 
 
 
 
Severance Benefits
$
1

 
$
—

 
$
—

_______
(a)
The amounts above for Generation, ComEd, PECO, BGE and PHI include immaterial amounts billed by BSC for the years ended December 31, 2016 and 2015.
Amounts included in the table below represent the severance liability recorded for employees of each Registrant and exclude amounts included at Exelon and billed through intercompany allocations:
 
 
 
 
 
 
 
 
 
 
 
Successor
 
 
 
 
 
 
Severance Liability
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
 
PHI(b)
 
Pepco
 
DPL
 
ACE
Balance at December 31, 2014
$
50

 
$
34

 
$
2

 
$
—

 
$
2

 
$
—

 
$
1

 
$
—

 
$
—

Severance charges
16

 
10

 
2

 
—

 
—

 
—

 
—

 
—

 
—

Payments
(31
)
 
(21
)
 
(1
)
 
—

 
(1
)
 
—

 
(1
)
 
—

 
—

Balance at December 31, 2015
$
35

 
$
23

 
$
3

 
$
—

 
$
1

 
$
—

 
$
—

 
$
—

 
$
—

Severance charges(a)
99

 
22

 
2

 
—

 
—

 
56

 
1

 
1

 
—

Payments
(46
)
 
(9
)
 
(2
)
 
—

 
(1
)
 
(27
)
 
(1
)
 
(1
)
 
—

Balance at December 31, 2016
$
88


$
36


$
3


$
—


$
—


$
29


$
—


$
—


$
—

 
Predecessor
Severance Liability
PHI(b)
Balance at December 31, 2014
$
3

Severance charges
—

Payments
(3
)
Balance at December 31, 2015
$
—

______________
(a)
Includes salary continuance and health and welfare severance benefits. Amounts primarily represent benefits provided for the PHI post-merger integration and the cost management program.
(b)
For PHI, the successor period includes activity for the period from March 24, 2016 through December 31, 2016. The PHI predecessor periods include activity for the year ended December 31, 2015 and the period January 1, 2016 through March 23, 2016. There was no activity in the 2016 PHI predecessor period.
, the Registrants recorded the following severance costs related to the cost management program within Operating and maintenance expense in their Consolidated Statements of Operations and Comprehensive Income, pursuant to the authoritative guidance for ongoing severance plans:
 
Exelon
 
Generation
 
ComEd
 
PECO
 
BGE
Severance benefits(a)
$
23

 
$
18

 
$
3

 
$
1

 
$
1

_______
(a)
The amounts above for Generation, ComEd, PECO and BGE include $7 million, $3 million, $1 million, and $1 million, respectively, for amounts billed by BSC through intercompany allocations for the year ended December 31, 2016.