ComEd 2015 Annual Report Download - page 282

Table of Contents
Combined Notes to Consolidated Financial Statements—(Continued)
(Dollars in millions, except per share data unless otherwise noted)
The following tables provide information about the regulatory assets and liabilities of Exelon, ComEd, PECO and BGE as of December 31,
2015 and 2014.
December 31, 2015 Exelon ComEd PECO BGE
Regulatory assets
Pension and other postretirement benefits $3,156 $ — $ — $—
Deferred income taxes 1,616 64 1,473 79
AMI programs 399 140 63 196
Under-recovered distribution service costs 189 189 — —
Debt costs 47 46 1 8
Fair value of BGE long-term debt 162 — — —
Severance 9 — — 9
Asset retirement obligations 108 67 22 19
MGP remediation costs 286 255 30 1
Under-recovered uncollectible accounts 52 52 — —
Renewable energy 247 247 — —
Energy and transmission programs 84 43 1 40
Deferred storm costs 2 — — 2
Electric generation-related regulatory asset 20 — — 20
Rate stabilization deferral 87 — — 87
Energy efficiency and demand response programs 279 — 1 278
Merger integration costs 6 — — 6
Conservation voltage reduction 3 — — 3
Under-recovered revenue decoupling 30 — — 30
CAP arrearage 7 — 7 —
Other 35 10 19 3
Total regulatory assets 6,824 1,113 1,617 781
Less: current portion 759 218 34 267
Total noncurrent regulatory assets $6,065 $ 895 $1,583 $514
December 31, 2015 Exelon ComEd PECO BGE
Regulatory liabilities
Other postretirement benefits $ 94 $ — $— $—
Nuclear decommissioning 2,577 2,172 405 —
Removal costs 1,527 1,332 — 195
Energy efficiency and demand response programs 92 52 40 —
DLC program costs 9 — 9 —
Electric distribution tax repairs 95 — 95 —
Gas distribution tax repairs 28 — 28 —
Energy and transmission programs 131 53 60 18
Over-recovered revenue decoupling 1 — — 1
Other 16 5 2 8
Total regulatory liabilities 4,570 3,614 639 222
Less: current portion 369 155 112 38
Total noncurrent regulatory liabilities $4,201 $3,459 $527 $184
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Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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