ComEd 2006 Annual Report Download - page 324

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)
December 31,
2006 2005
Receivables from affiliates (current)
ComEd Transitional Funding Trust ...................................... $ 17 $ 14
Exelon (h) ........................................................... — 23
Other .............................................................. 1 —
Total receivables from affiliates (current) ................................. $ 18 $ 37
Investment in affiliates
ComEd Funding LLC ................................................. $ 4 $ 18
ComEd Financing II .................................................. 10 10
ComEd Financing III ................................................. 6 6
Total investment in affiliates ........................................... $ 20 $ 34
Receivable from affiliates (noncurrent)
Generation (f) ....................................................... $1,760 $1,435
ComEd Transitional Funding Trust ...................................... 14 12
Total receivable from affiliates (noncurrent) ............................... $1,774 $1,447
Payables to affiliates (current)
Generation decommissioning (g) ........................................ $ — $ 11
Generation (a)(b) ...................................................... 197 242
BSC (c) ............................................................. 10 14
ComEd Transitional Funding Trust ...................................... — 1
ComEd Financing II .................................................. 6 6
ComEd Financing III ................................................. 4 4
Other .............................................................. 2 —
Total payables to affiliates (current) ..................................... $ 219 $ 278
Borrowings from Exelon intercompany money pool (e) .......................... $ — $ 140
Long-term debt to ComEd Transitional Funding Trust and other financing trusts
(including due within one year)
ComEd Transitional Funding Trust ...................................... $ 648 $ 987
ComEd Financing II .................................................. 155 155
ComEd Financing III ................................................. 206 206
Total long-term debt due to financing trusts ............................... $1,009 $1,348
(a) ComEd provides retail electric and ancillary services to Generation. ComEd provided electric and ancillary services to
certain Enterprises companies which were sold in 2004. Prior to joining PJM on May 1, 2004, ComEd also provided
transmission services to Generation and Enterprises.
(b) ComEd’s full-requirements PPA, as amended, with Generation expired December 31 2006. See Note 18—Commitments
and Contingencies for more information regarding the PPA.
(c) ComEd receives a variety of corporate support services from BSC, including legal, human resources, financial, information
technology, supply management services, planning and engineering of delivery systems, management of construction,
maintenance and operations of the transmission and delivery systems and management of other support services. All
services are provided at cost, including applicable overhead. A portion of such services is capitalized.
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