ComEd 2015 Annual Report Download - page 226

Table of Contents
PECO Energy Company and Subsidiary Companies
Consolidated Statements of Operations and Comprehensive Income
For the Years Ended
December 31,
(In millions) 2015 2014 2013
Operating revenues
Electric operating revenues $2,485 $2,446 $2,499
Natural gas operating revenues 545 646 600
Operating revenues from affiliates 2 2 1
Total operating revenues 3,032 3,094 3,100
Operating expenses
Purchased power 735 740 612
Purchased fuel 235 327 296
Purchased power from affiliate 220 194 392
Operating and maintenance 684 767 647
Operating and maintenance from affiliates 110 99 101
Depreciation and amortization 260 236 228
Taxes other than income 160 159 158
Total operating expenses 2,404 2,522 2,434
Gain on sales of assets 2 — —
Operating income 630 572 666
Other income and (deductions)
Interest expense (102) (101) (103)
Interest expense to affiliates, net (12) (12) (12)
Other, net 5 7 6
Total other income and (deductions) (109) (106) (109)
Income before income taxes 521 466 557
Income taxes 143 114 162
Net income 378 352 395
Preferred security dividends and redemption — — 7
Net income attributable to common shareholder $ 378 $ 352 $ 388
Comprehensive income $ 378 $ 352 $ 395
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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