ComEd 2015 Annual Report Download - page 320

Table of Contents
Combined Notes to Consolidated Financial Statements—(Continued)
(Dollars in millions, except per share data unless otherwise noted)
ComEd PECO BGE
As of December 31, 2014 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Assets
Cash equivalents $ 25 $ — $ — $ 25 $ 12 $ — $ — $ 12 $ 103 $ — $ — $103
Rabbi trust investments in mutual
funds — — — — 9 — — 9 5 — — 5
Total assets 25 — — 25 21 — — 21 108 — — 108
Liabilities
Deferred compensation obligation — (8) — (8) — (15) — (15) — (5) — (5)
Mark-to-market derivative liabilities — — (207) (207) — — — — — — — —
Total liabilities — (8) (207) (215) — (15) — (15) — (5) — (5)
Total net assets (liabilities) $ 25 $ (8) $ (207) $(190) $ 21 $ (15) $ — $ 6 $ 108 $ (5) $ — $103
(a) At PECO, excludes $12 million and $14 million of the cash surrender value of life insurance investments at December 31, 2015 and 2014, respectively.
(b) The Level 3 balance includes the current and noncurrent liability of $23 million and $224 million, respectively, at December 31, 2015, and $20 million and $187 million,
respectively, at December 31, 2014, related to floating-to-fixed energy swap contracts with unaffiliated suppliers.
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(a)
(b)
Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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