ComEd 2013 Annual Report Download - page 6

TABLE OF CONTENTS
PageNo.
GLOSSARYOFTERMS AND ABBREVIATIONS ............................................................ 1
FILING FORMAT ....................................................................................... 4
FORWARD-LOOKING STATEMENTS ..................................................................... 4
WHERE TO FIND MORE INFORMATION .................................................................. 4
GENERAL DESCRIPTION OF OURBUSINESS ............................................................. 5
General ........................................................................................... 5
Exelon Generation Company,LLC ..................................................................... 5
Commonwealth Edison Company...................................................................... 5
PECO Energy Company ............................................................................. 5
Baltimore GasandElectric Company................................................................... 5
Environmental Regulation ............................................................................ 24
MARKET FOROURCOMMON EQUITY RELATED STOCKHOLDERMATTERS.................................. 29
SELECTED FINANCIALDATA............................................................................ 32
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS ..... 33
ExecutiveOverview ................................................................................. 33
Critical AccountingPoliciesandEstimates .............................................................. 47
ResultsofOperations................................................................................ 59
LiquidityandCapital Resources ....................................................................... 85
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK .................................... 97
CERTIFICATIONS ...................................................................................... 106
FINANCIALSTATEMENTS AND SUPPLEMENTARYDATA................................................... 106
Exelon Corporation .................................................................................. 108
CombinedNotesto ConsolidatedFinancial Statements .................................................... 113
1. Significant AccountingPolicies ...................................................................... 113
2.Variable InterestEntities............................................................................ 123
3.RegulatoryMatters ................................................................................ 128
4. Merger andAcquisitions ............................................................................ 148
5. Investment inCENG ............................................................................... 154
6. AccountsReceivable .............................................................................. 155
7. Property, Plant andEquipment ...................................................................... 156
8. Impairment ofLong LivedAssets .................................................................... 157
9. JointlyOwnedElectric UtilityPlant ................................................................... 159
10.Intangible Assets................................................................................. 159
11.FairValue ofFinancial AssetsandLiabilities .......................................................... 162
12.DerivativeFinancial Instruments .................................................................... 173
13.DebtandCreditAgreements ....................................................................... 185
14. IncomeTaxes ................................................................................... 190
15. Asset Retirement Obligations ...................................................................... 196
16. Retirement Benefits .............................................................................. 202
17. Severance...................................................................................... 215
18. PreferredandPreferenceSecurities ................................................................. 217
19. Common Stock .................................................................................. 218
20.Earnings Per Share andEquity ..................................................................... 223
21.ChangesinAccumulatedOther ComprehensiveIncome................................................ 224
22.CommitmentsandContingencies ................................................................... 225
23.Supplemental Financial Information ................................................................. 242
24. Segment Information ............................................................................. 246
25. RelatedPartyTransactions ........................................................................ 249
26. QuarterlyData ................................................................................... 251
27. Subsequent Events............................................................................... 251
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