ComEd 2006 Annual Report Download - page 234

Exelon Corporation and Subsidiary Companies
Exelon Generation Company, LLC and Subsidiary Companies
Commonwealth Edison Company and Subsidiary Companies
PECO Energy Company and Subsidiary Companies
Combined Notes to Consolidated Financial Statements—(Continued)
(Dollars in millions, except per share data unless otherwise noted)
At December 31, 2006, Exelon, Generation and ComEd had net assets (liabilities) of $496 million,
$499 million and $(11) million, respectively, on their Consolidated Balance Sheets for the fair value of
energy derivatives. The following table provides a summary of the fair value balances recorded by
Exelon, Generation and ComEd as of December 31, 2006:
December 31,
2006 Generation ComEd
Exelon
Energy-
Derivatives
Cash-Flow
Hedges
Other
Derivatives
Proprietary
Trading Subtotal
Cash-Flow
Hedge
Other
Derivatives Subtotal Other (a)
Related
Derivatives (b)
Current assets ...... $460 $751 $197 $1,408 $— $— $— $ 10 $ 1,418
Noncurrent assets . . . 104 52 15 171 — — — — 171
Total mark-to-market
energy contract
assets ........... $564 $803 $212 $1,579 $— $— $— $ 10 $ 1,589
Current liabilities ..... $(119) $(697) $(187) $(1,003) $ (6) $ (5) $(11) $ (1) $(1,015)
Noncurrent
liabilities .......... (30) (33) (14) (77) — — — (1) (78)
Total mark-to-market
energy contract
liabilities .......... $(149) $(730) $(201) $(1,080) $ (6) $ (5) $(11) $ (2) $(1,093)
Total mark-to-market
energy contract net
assets (liabilities) . . $ 415 $ 73 $ 11 $ 499 $ (6) $ (5) $(11) $ 8 $ 496
(a) Other includes corporate operations, shared service entities, including BSC, Enterprises and investments in synthetic fuel-
producing facilities.
(b) Excludes Exelon’s interest-rate swaps.
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