ComEd 2015 Annual Report Download - page 211

Table of Contents
Exelon Corporation and Subsidiary Companies
Consolidated Balance Sheets
December 31,
(In millions) 2015 2014
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Short-term borrowings $ 533 $ 460
Long-term debt due within one year 1,500 1,802
Accounts payable 2,883 3,048
Accrued expenses 2,376 1,539
Payables to affiliates 8 8
Regulatory liabilities 369 310
Mark-to-market derivative liabilities 205 234
Unamortized energy contract liabilities 100 238
Renewable energy credit obligation 302 192
Other 842 931
Total current liabilities 9,118 8,762
Long-term debt 23,645 19,212
Long-term debt to financing trusts 641 641
Deferred credits and other liabilities
Deferred income taxes and unamortized investment tax credits 13,776 12,778
Asset retirement obligations 8,585 7,295
Pension obligations 3,385 3,366
Non-pension postretirement benefit obligations 1,618 1,742
Spent nuclear fuel obligation 1,021 1,021
Regulatory liabilities 4,201 4,550
Mark-to-market derivative liabilities 374 403
Unamortized energy contract liabilities 117 211
Payable for Zion Station decommissioning 90 155
Other 1,491 2,147
Total deferred credits and other liabilities 34,658 33,668
Total liabilities 68,062 62,283
Commitments and contingencies
Contingently redeemable noncontrolling interest 28 —
Shareholders’ equity
Common stock (No par value, 2000 shares authorized, 920 shares and 860 shares outstanding at December 31,
2015 and 2014, respectively) 18,676 16,709
Treasury stock, at cost (35 shares at December 31, 2015 and 2014, respectively) (2,327) (2,327)
Retained earnings 12,068 10,910
Accumulated other comprehensive loss, net (2,624) (2,684)
Total shareholders’ equity 25,793 22,608
BGE preference stock not subject to mandatory redemption 193 193
Noncontrolling interest 1,308 1,332
Total equity 27,294 24,133
Total liabilities and shareholders’ equity $95,384 $86,416
(a) Exelon’s consolidated assets include $8,268 million and $8,159 million at December 31, 2015 and December 31, 2014, respectively, of certain VIEs that can only be used to
settle the liabilities of the VIE. Exelon’s consolidated liabilities include $3,264 million and $2,728 million at December 31, 2015 and December 31, 2014, respectively, of certain
VIEs for which the VIE creditors do not have recourse to Exelon. See Note 2–Variable Interest Entities.
See the Combined Notes to Consolidated Financial Statements
204
(a)
Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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