Exelon 2015 Annual Report Download - page 175

Table of Contents
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Payment due within
Total 2016
2017-
2018
2019-
2020
Due 2021
and beyond
All
Other
Long-term debt $2,784 $ 300 $ 500 $— $ 1,984 $—
Interest payments on long-term debt 1,771 115 207 176 1,273 —
Operating leases 12 3 5 4 — —
Fuel purchase agreements 357 125 137 35 60 —
Electric supply procurement 622 516 106 — — —
AEC purchase commitments 9 2 4 3 — —
Other purchase obligations 215 174 18 22 1 —
PJM regional transmission expansion commitments 67 31 32 4 — —
Total contractual obligations $5,837 $1,266 $1,009 $244 $ 3,318 $—
(a) Includes $184 million due after 2021 to PECO financing trusts.
(b) Interest payments are estimated based on final maturity dates of debt securities outstanding at December 31, 2014 and do not reflect anticipated future refinancing, early
redemptions or debt issuances.
(c) Represents commitments to purchase natural gas and related transportation, storage capacity and services, procure electric supply, and purchase AECs.
(d) Represents the future estimated value at December 31, 2015 of the cash flows associated with all contracts, both cancellable and non-cancellable, entered into between the
Registrants and third-parties for the provision of services and materials, entered into in the normal course of business not specifically reflected elsewhere in this table. These
estimates are subject to significant variability from period to period.
(e) Under its operating agreement with PJM, PECO is committed to the construction of transmission facilities to maintain system reliability. These amounts represent PECO’s expected
portion of the costs to pay for the completion of the required construction projects. See Note 3—Regulatory Matters of Combined Notes to Consolidated Financial Statements for
additional information.
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Payment due within
Total 2016
2017-
2018
2019-
2020
Due 2021
and beyond
All
Other
Long-term debt $2,128 $ 378 $ 42 $— $ 1,708 $—
Interest payments on long-term debt 1,353 82 159 159 953 —
Operating leases 65 12 19 15 19 —
Fuel purchase agreements 575 112 156 107 200 —
Electric supply procurement 1,427 860 567 — — —
Curtailment services commitments 99 37 55 7 — —
Other purchase obligations 635 408 208 17 2 —
PJM regional transmission expansion commitments 373 140 174 59 — —
Total contractual obligations $6,655 $2,029 $1,380 $364 $ 2,882 $—
(a) Includes $258 million due after 2021 to the BGE financing trusts.
(b) Interest payments are estimated based on final maturity dates of debt securities outstanding at December 31, 2015 and do not reflect anticipated future refinancing, early
redemptions or debt issuances.
(c) Under its operating agreement with PJM, BGE is committed to the construction of transmission facilities to maintain system reliability. These amounts represent BGE’s expected
portion of the costs to pay for the completion of the required construction projects. See Note 3—Regulatory Matters of the Combined Notes to Consolidated Financial Statements.
(d) Represents commitments to purchase natural gas and related transportation, storage capacity and services, procure electric supply, and curtailment services.
(e) Represents the future estimated value at December 31, 2015 of the cash flows associated with all contracts, both cancellable and non-cancellable, entered into between the
Registrants and third-parties for the provision of services and materials, entered into in the normal course of business not specifically reflected elsewhere in this table. These
estimates are subject to significant variability from period to period.
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(a)
(b)
(c)
(c)
(c)
(d)
(e)
(a)
(b)
(d)
(d)
(d)
(e)
(c)
Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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