ComEd 2015 Annual Report Download - page 214

Table of Contents
Exelon Generation Company, LLC and Subsidiary Companies
Consolidated Statements of Operations and Comprehensive Income
For the Years Ended
December 31,
(In millions) 2015 2014 2013
Operating revenues
Operating revenues $18,386 $16,614 $14,207
Operating revenues from affiliates 749 779 1,423
Total operating revenues 19,135 17,393 15,630
Operating expenses
Purchased power and fuel 10,007 9,368 6,927
Purchased power and fuel from affiliates 14 557 1,270
Operating and maintenance 4,688 4,943 3,960
Operating and maintenance from affiliates 620 623 574
Depreciation and amortization 1,054 967 856
Taxes other than income 489 465 389
Total operating expenses 16,872 16,923 13,976
Equity in (losses) earnings of unconsolidated affiliates — (20) 10
Gain on sales of assets 12 437 13
Gain on consolidation and acquisition of businesses — 289 —
Operating income 2,275 1,176 1,677
Other income and (deductions)
Interest expense (322) (303) (298)
Interest expense to affiliates, net (43) (53) (59)
Other, net (60) 406 355
Total other income and (deductions) (425) 50 (2)
Income before income taxes 1,850 1,226 1,675
Income taxes 502 207 615
Equity in losses of unconsolidated affiliates (8) — —
Net income 1,340 1,019 1,060
Net income (loss) attributable to noncontrolling interests (32) 184 (10)
Net income attributable to membership interest $ 1,372 $ 835 $ 1,070
Comprehensive income, net of income taxes
Net income $ 1,340 $ 1,019 $ 1,060
Other comprehensive income (loss), net of income taxes
Unrealized loss on cash flow hedges (3) (132) (398)
Unrealized (loss) gain on equity investments (3) 8 107
Unrealized loss on foreign currency translation (21) (9) (10)
Unrealized (loss) gain on marketable securities — (1) 2
Reversal of CENG equity method AOCI — (116) —
Other comprehensive loss (27) (250) (299)
Comprehensive income $ 1,313 $ 769 $ 761
See the Combined Notes to Consolidated Financial Statements
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Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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