ComEd 2006 Annual Report Download - page 170

Exelon Generation Company, LLC and Subsidiary Companies
Consolidated Statements of Changes in Member’s Equity
(in millions)
Membership
Interest
Undistributed
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Member’s
Equity
Balance, December 31, 2003 ............... $2,490 $ 602 $(136) $2,956
Net income ............................... — 673 — 673
Non-cash distribution to member ............. — (9) — (9)
Distribution to member ..................... (157) (505) — (662)
Transfer of Exelon Energy .................. (4) — 2 (2)
Consolidation of Sithe in accordance with
FIN 46-R ............................... — — (6) (6)
Contribution from member .................. 6 — — 6
Allocation of tax benefit from member ......... 26 — — 26
Other comprehensive income, net of income
taxes of $30 ............................ — — 57 57
Balance, December 31, 2004 ............... 2,361 761 (83) 3,039
Net income ............................... — 1,098 — 1,098
Distribution to member ..................... — (857) — (857)
Contribution from member .................. 843 — — 843
Allocation of tax benefit from member ......... 16 — — 16
Other comprehensive loss, net of income taxes
of ($112) ............................... — — (159) (159)
Balance, December 31, 2005 ............... 3,220 1,002 (242) 3,980
Net income ............................... — 1,407 — 1,407
Distribution to member ..................... — (609) — (609)
Allocation of tax benefit from member ......... 47 — — 47
Adjustment to initially apply SFAS No. 158, net
of income taxes of $0 .................... — — (1) (1)
Other comprehensive income, net of income
taxes of $507 ........................... — — 656 656
Balance, December 31, 2006 ............... $3,267 $1,800 $ 413 $5,480
See Combined Notes to Consolidated Financial Statements
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