Exelon 2015 Annual Report Download - page 217

Table of Contents
Exelon Generation Company, LLC and Subsidiary Companies
Consolidated Balance Sheets
December 31,
(In millions) 2015 2014
LIABILITIES AND EQUITY
Current liabilities
Short-term borrowings $ 29 $ 36
Long-term debt due within one year 90 58
Long-term debt to affiliates due within one year — 556
Accounts payable 1,583 1,759
Accrued expenses 935 886
Payables to affiliates 104 107
Borrowings from Exelon intercompany money pool 1,252 —
Mark-to-market derivative liabilities 182 214
Unamortized energy contract liabilities 100 238
Renewable energy credit obligation 302 192
Other 356 413
Total current liabilities 4,933 4,459
Long-term debt 7,936 6,639
Long-term debt to affiliate 933 943
Deferred credits and other liabilities
Deferred income taxes and unamortized investment tax credits 5,845 5,707
Asset retirement obligations 8,431 7,146
Non-pension postretirement benefit obligations 924 915
Spent nuclear fuel obligation 1,021 1,021
Payables to affiliates 2,577 2,880
Mark-to-market derivative liabilities 150 105
Unamortized energy contract liabilities 117 211
Payable for Zion Station decommissioning 90 155
Other 602 719
Total deferred credits and other liabilities 19,757 18,859
Total liabilities 33,559 30,900
Commitments and contingencies
Contingently redeemable noncontrolling interests 28 —
Equity
Member’s equity
Membership interest 8,997 8,951
Undistributed earnings 2,701 3,803
Accumulated other comprehensive income (loss), net (63) (36)
Total member’s equity 11,635 12,718
Noncontrolling interest 1,307 1,333
Total equity 12,942 14,051
Total liabilities and equity $46,529 $44,951
(a) Generation’s consolidated assets include $8,235 million and $8,118 million at December 31, 2015 and 2014, respectively, of certain VIEs that can only be used to settle the
liabilities of the VIE. Generation’s consolidated liabilities include $3,135 million and $2,512 million at December 31, 2015 and 2014, respectively, of certain VIEs for which the VIE
creditors do not have recourse to Generation. See Note 2–Variable Interest Entities.
See the Combined Notes to Consolidated Financial Statements
210
(a)
Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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