Exelon 2015 Annual Report Download - page 450

Table of Contents
Exelon Corporation and Subsidiary Companies
Schedule I – Condensed Financial Information of Parent (Exelon Corporate)
Condensed Statements of Operations and Other Comprehensive Income
For the Years Ended
December 31,
(In millions) 2015 2014 2013
Operating expenses
Operating and maintenance $ — $ 9 $ 9
Operating and maintenance from affiliates 43 38 34
Other 4 3 12
Total operating expenses 47 50 55
Operating loss (47) (50) (55)
Other income and (deductions)
Interest expense, net (168) (237) (116)
Equity in earnings of investments 2,461 1,779 1,903
Interest income from affiliates, net 43 53 36
Other, net (43) (2) (78)
Total other income 2,293 1,593 1,745
Income before income taxes 2,246 1,543 1,690
Income taxes (23) (80) (29)
Net income $2,269 $1,623 $1,719
Other comprehensive income (loss)
Pension and non-pension postretirement benefit plans:
Prior service cost (benefit) reclassified to periodic costs $ (46) $ (30) $ —
Actuarial loss reclassified to periodic cost 220 147 208
Transition obligation reclassified to periodic cost — — —
Pension and non-pension postretirement benefit plan valuation
adjustment (99) (497) 669
Unrealized loss on cash flow hedges 9 (148) (248)
Unrealized gain on marketable securities — 1 2
Unrealized gain on equity investments (3) 8 106
Unrealized loss on foreign currency translation (21) (9) (10)
Reversal of CENG equity method AOCI — (116) —
Other comprehensive income (loss) 60 (644) 727
Comprehensive income $2,329 $ 979 $2,446
See Notes to Financial Statements
443
Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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