ComEd 2015 Annual Report Download - page 283

Table of Contents
Combined Notes to Consolidated Financial Statements—(Continued)
(Dollars in millions, except per share data unless otherwise noted)
December 31, 2014 Exelon ComEd PECO BGE
Regulatory assets
Pension and other postretirement benefits $3,256 $ — $ — $—
Deferred income taxes 1,542 64 1,400 78
AMI programs 296 91 77 128
Under-recovered distribution service costs 371 371 — —
Debt costs 57 53 4 9
Fair value of BGE long-term debt 190 — — —
Severance 12 — — 12
Asset retirement obligations 116 74 26 16
MGP remediation costs 257 219 37 1
Under-recovered uncollectible accounts 67 67 — —
Renewable energy 207 207 — —
Energy and transmission programs 48 33 — 15
Deferred storm costs 3 — — 3
Electric generation-related regulatory asset 30 — — 30
Rate stabilization deferral 160 — — 160
Energy efficiency and demand response programs 248 — — 248
Merger integration costs 8 — — 8
Conservation voltage reduction 2 — — 2
Under-recovered revenue decoupling 7 — — 7
Other 46 22 14 7
Total regulatory assets 6,923 1,201 1,558 724
Less: current portion 847 349 29 214
Total noncurrent regulatory assets $6,076 $ 852 $1,529 $510
December 31, 2014 Exelon ComEd PECO BGE
Regulatory liabilities
Other postretirement benefits $ 88 $ — $— $—
Nuclear decommissioning 2,879 2,389 490 —
Removal costs 1,566 1,343 — 223
Energy efficiency and demand response programs 59 25 34 —
DLC program costs 10 — 10 —
Electric distribution tax repairs 102 — 102 —
Gas distribution tax repairs 49 — 49 —
Energy and transmission programs 84 19 58 7
Revenue subject to refund 3 3 — —
Over-recovered revenue decoupling 12 — — 12
Other 8 1 4 2
Total regulatory liabilities 4,860 3,780 747 244
Less: current portion 310 125 90 44
Total noncurrent regulatory liabilities $4,550 $3,655 $657 $200
Pension and other postretirement benefits. As of December 31, 2015, Exelon had regulatory assets of $3,156 million and regulatory
liabilities of $94 million related to ComEd’s and BGE’s portion of deferred costs associated with Exelon’s pension plans and ComEd’s, PECO’s
and BGE’s portion of
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Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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