Exelon 2015 Annual Report Download - page 237

Table of Contents
Combined Notes to Consolidated Financial Statements
(Dollars in millions, except per share data unless otherwise noted)
Index to Combined Notes to Consolidated Financial Statements
The notes to the consolidated financial statements that follow are a combined presentation. The following list indicates the registrants to
which the footnotes apply:
Applicable Notes
Registrant 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
Exelon Corporation • • • • • • • • • • • • • • • • • • • • • • • • • • •
Exelon Generation Company, LLC • • • • • • • • • • • • • • • • • • • • • • • • •
Commonwealth Edison Company • • • • • • • • • • • • • • • • • • •
PECO Energy Company • • • • • • • • • • • • • • • • • • • • •
Baltimore Gas And Electric Company • • • • • • • • • • • • • • • • • • •
1. Significant Accounting Policies (Exelon, Generation, ComEd, PECO and BGE)
Description of Business (Exelon, Generation, ComEd, PECO and BGE)
Exelon is a utility services holding company engaged through its principal subsidiaries in the energy generation and energy delivery
businesses. On April 1, 2014, Generation assumed the operating licenses and corresponding operational control of CENG’s nuclear fleet. As a
result, Exelon and Generation consolidated CENG’s financial position and results of operations into their businesses. Prior to April 1, 2014, Exelon
and Generation accounted for CENG as an equity method investment. Refer to Note 5—Investment in Constellation Energy Nuclear Group, LLC
for further information regarding the integration transaction.
The energy generation business includes:
• : Physical delivery and marketing of owned and contracted electric generation capacity and provision of renewable and other
energy-related products and services, and natural gas exploration and production activities. Generation has six reportable segments
consisting of the Mid-Atlantic, Midwest, New England, New York, ERCOT and Other Power Regions.
The energy delivery businesses include:
• : Purchase and regulated retail sale of electricity and the provision of distribution and transmission services in northern Illinois,
including the City of Chicago.
• : Purchase and regulated retail sale of electricity and the provision of distribution and transmission services in southeastern
Pennsylvania, including the City of Philadelphia, and the purchase and regulated retail sale of natural gas and the provision of
distribution services in the Pennsylvania counties surrounding the City of Philadelphia.
• : Purchase and regulated retail sale of electricity and the provision of distribution and transmission services in central Maryland,
including the City of Baltimore, and the purchase and regulated retail sale of natural gas and the provision of distribution services in
central Maryland, including the City of Baltimore.
Basis of Presentation (Exelon, Generation, ComEd, PECO and BGE)
This is a combined annual report of Exelon, Generation, ComEd, PECO and BGE. The Notes to the Consolidated Financial Statements
apply to Exelon, Generation, ComEd, PECO and BGE as
230
Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.