ComEd 2006 Annual Report Download - page 176

Commonwealth Edison Company and Subsidiary Companies
Consolidated Statements of Changes in Shareholders’ Equity
(in millions)
Common
Stock
Preferred
and
Preference
Stock
Other
Paid In
Capital
Receivable
from
Parent
Retained
Earnings
(Deficits)
Unappropriated
Retained
Earnings
Appropriated
Accumulated
Other
Comprehensive
Income (Loss)
Total
Shareholders’
Equity
Balance, December 31,
2003 ................... $1,588 $ 7 $4,115 $(250) $ 174 $ 709 $ (1) $6,342
Net income ................ — — — — 676 — — 676
Repayment of receivable from
parent .................. — — — 125 — — — 125
Allocation of tax benefit from
parent .................. — — 55 — — — — 55
Appropriation of retained
earnings for future
dividends ................ — — — — (676) 676 — —
Common stock dividends .... — — — — (174) (283) — (457)
Resolution of certain tax
matters ................. — — (2) — — — — (2)
Other comprehensive income,
net of income taxes of $2 . . — — — — — — 1 1
Balance, December 31,
2004 ................... 1,588 7 4,168 (125) — 1,102 — 6,740
Net loss ................... — — — — (685) — — (685)
Repayment of receivable from
parent .................. — — — 125 — — — 125
Capital contribution from
parent .................. — — 709 — — — — 709
Allocation of tax benefit from
parent .................. — — 27 — — — — 27
Appropriation of retained
earnings for future
dividends ................ — — — — (495) 495 — —
Common stock dividends .... — — — — — (498) — (498)
Redemption of preferred
stock ................... — (7) — — — — — (7)
Resolution of certain tax
matters ................. — — (14) — — — — (14)
Other comprehensive loss, net
of income taxes of $(1) .... — — — — — — (1) (1)
Balance, December 31,
2005 ................... 1,588 — 4,890 — (1,180) 1,099 (1) 6,396
Net loss ................... — — — — (112) — — (112)
Allocation of tax benefit from
parent .................. — — 21 — — — — 21
Appropriation of retained
earnings for future
dividends ................ — — — — (340) 340 — —
Resolution of certain tax
matters ................. — — (5) — — — — (5)
Other comprehensive loss, net
of income taxes of $(1) .... — — — — — — (2) (2)
Balance, December 31,
2006 ................... $1,588 $— $4,906 $ — $(1,632) $1,439 $ (3) $6,298
See Combined Notes to Consolidated Financial Statements
171