ComEd 2010 Annual Report Download - page 34

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Consolidated Statements of Operations and Comprehensive Income
Exelon Corporation and Subsidiary Companies
32
For the years ended Dec. 31,
(Dollars in millions, except for per share data) 2010 2009 2008
Operating revenues $ 18,644 $ 17,318 $ 18,859
Operating expenses
Purchased power 4,425 3,215 4,270
Fuel 2,010 2,066 2,312
Operating and maintenance 4,453 4,612 4,538
Operating and maintenance for regulatory required programs 147 63 28
Depreciation and amortization 2,075 1,834 1,634
Taxes other than income 808 778 778
Total operating expenses 13,918 12,568 13,560
Operating income 4,726 4,750 5,299
Other income and deductions
Interest expense, net (792) (654) (699)
Interest expense to affiliates, net (25) (77) (133)
Loss in equity method investments – (27) (26)
Other, net 312 427 (407)
Total other income and deductions (505) (331) (1,265)
Income from continuing operations before income taxes 4,221 4,419 4,034
Income taxes 1,658 1,712 1,317
Income from continuing operations 2,563 2,707 2,717
Discontinued operations
Loss from discontinued operations, net of taxes of $0, $0 and $1, respectively – – (1)
Gain on disposal of discontinued operations, net of taxes of $0, $0 and $14, respectively – – 21
Income from discontinued operations – – 20
Net income $ 2,563 $ 2,707 $ 2,737