Exelon 2015 Annual Report Download - page 418

Table of Contents
Combined Notes to Consolidated Financial Statements—(Continued)
(Dollars in millions, except per share data unless otherwise noted)
unsettled legal theories. In such cases, there is considerable uncertainty regarding the timing or ultimate resolution of such matters, including a
possible eventual loss.
Income Taxes (Exelon, Generation, ComEd, PECO and BGE)
See Note 15—Income Taxes for information regarding the Registrants’ income tax refund claims and certain tax positions, including the 1999
sale of fossil generating assets.
24. Supplemental Financial Information (Exelon, Generation, ComEd, PECO and BGE)
Supplemental Statement of Operations Information
The following tables provide additional information about the Registrants’ Consolidated Statements of Operations and Comprehensive
Income for the years ended December 31, 2015, 2014 and 2013.
For the year ended December 31, 2015 Exelon Generation ComEd PECO BGE
Taxes other than income
Utility $ 474 $ 105 $ 236 $133 $ 85
Property 407 250 27 11 119
Payroll 201 118 28 14 16
Other 118 16 5 2 4
Total taxes other than income $1,200 $ 489 296 $160 $224
For the year ended December 31, 2014 Exelon Generation ComEd PECO BGE
Taxes other than income
Utility $ 456 $ 89 $ 238 $128 $ 86
Property 396 240 25 15 114
Payroll 200 118 28 14 18
Other 102 18 2 2 3
Total taxes other than income $1,154 $ 465 $ 293 $159 $221
For the year ended December 31, 2013 Exelon Generation ComEd PECO BGE
Taxes other than income
Utility $ 449 $ 79 $ 241 $129 $ 82
Property 302 205 24 14 112
Payroll 159 89 27 13 15
Other 185 16 7 2 4
Total taxes other than income $1,095 $ 389 $ 299 $158 $213
(a) Generation’s utility tax represents gross receipts tax related to its retail operations and ComEd’s, PECO’s and BGE’s utility taxes represent municipal and state utility taxes and
gross receipts taxes related to their operating revenues. The offsetting collection of utility taxes from customers is recorded in revenues on the Registrants’ Consolidated
Statements of Operations and Comprehensive Income.
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(a)
(a)
(a)
Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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