Exelon 2014 Annual Report Download - page 195

Combined Notes to Consolidated Financial Statements—(Continued)
(Dollars in millions, except per share data unless otherwise noted)
Exelon
As of December 31, 2013 Level 1 Level 2 Level 3 Total
Assets
Cash equivalents (a) ....................................................................$1,230 $ — $ — $ 1,230
Nuclear decommissioning trust fund investments
Cash equivalents .................................................................. 459 — — 459
Equities
Domestic ................................................................. 1,642 2,271 — 3,913
Foreign .................................................................. 249 — — 249
Equity funds subtotal ............................................................... 1,891 2,271 — 4,162
Fixed income
Corporate debt securities ....................................................... — 1,753 31 1,784
U.S. Treasury and agencies ..................................................... 882 — — 882
Foreign governments ........................................................... — 87 — 87
State and municipal debt ........................................................ — 294 — 294
Other ........................................................................ — 75 — 75
Fixed income subtotal .............................................................. 882 2,209 31 3,122
Middle market lending .............................................................. — — 314 314
Private equity ..................................................................... — — 5 5
Other ............................................................................ — 14 — 14
Nuclear decommissioning trust funds subtotal (b) ................................. 3,232 4,494 350 8,076
Pledged assets for Zion Station decommissioning
Cash equivalents .................................................................. — 26 — 26
Equities .......................................................................... 16 — — 16
Fixed income
U.S. Treasury and agencies ..................................................... 45 4 — 49
Corporate debt ................................................................ — 227 — 227
State and municipal debt ........................................................ — 20 — 20
Fixed income subtotal .............................................................. 45 251 — 296
Middle market lending .............................................................. — — 112 112
Other ............................................................................ — 1 — 1
Pledged assets for Zion Station decommissioning subtotal (c) .......................... 61 278 112 451
Rabbi trust investments (d)
Cash equivalents .................................................................. 2 — — 2
Mutual funds (e) .................................................................... 54 — — 54
Rabbi trust investments subtotal .............................................. 56 — — 56
Commodity derivative assets —
Economic hedges ................................................................. 493 2,582 885 3,960
Proprietary trading ................................................................. 324 1,315 122 1,761
Effect of netting and allocation of collateral (f) ............................................... (863) (3,131) (430) (4,424)
Commodity derivative assets subtotal ..................................................... (46) 766 577 1,297
Interest rate and foreign currency derivative assets .......................................... 30 39 — 69
Effect of netting and allocation of collateral ................................................. (30) (2) — (32)
Interest rate and foreign currency derivative assets subtotal .................................. — 37 — 37
Other investments ..................................................................... — — 15 15
Total assets ......................................................................... 4,533 5,575 1,054 11,162
191