ComEd 2015 Annual Report Download - page 385

Table of Contents
Combined Notes to Consolidated Financial Statements—(Continued)
(Dollars in millions, except per share data unless otherwise noted)
The following table presents the reconciliation of Level 3 assets and liabilities measured at fair value for pension and other postretirement
benefit plans for the years ended December 31, 2015 and 2014:
Hedge
funds
Private
equity
Real
estate
Fixed
income Equities
Private
Credit Total
Pension Assets
Balance as of January 1, 2015 $ 785 $ 900 $ 685 $ 272 $ 2 $ 607 $3,251
Actual return on plan assets:
Relating to assets still held at the reporting date (39) 60 76 (14) — (19) 64
Relating to assets sold during the period 4 — 9 — — — 13
Purchases, sales and settlements:
Purchases 104 186 116 125 — 200 731
Sales (57) — (54) (7) — (5) (123)
Settlements (2) (222) (107) (8) — (84) (423)
Balance as of December 31, 2015 $ 795 $ 924 $ 725 $ 368 $ 2 $ 699 $3,513
Other Postretirement Benefits
Balance as of January 1, 2015 $ — $ — $ 116 $ — $ — $ 110 $ 226
Actual return on plan assets:
Relating to assets still held at the reporting date 1 — 15 — — (7) 9
Purchases, sales and settlements:
Purchases 138 — 62 — — — 200
Settlements — — (62) — — — (62)
Balance as of December 31, 2015 $ 139 $ — $ 131 $ — $ — $ 103 $ 373
Hedge
funds
Private
equity
Real
estate
Fixed
income Equities
Private
credit Total
Pension Assets
Balance as of January 1, 2014 $ 706 $ 806 $ 544 $ 41 $ 2 $ 371 $2,470
Actual return on plan assets:
Relating to assets still held at the reporting date 59 112 81 7 — 20 279
Relating to assets sold during the period 2 — — — — 1 3
Purchases, sales and settlements:
Purchases 74 169 112 227 — 265 847
Sales (25) — (19) (3) — (13) (60)
Settlements (1) (203) (60) — — (37) (301)
Transfers into (out of) Level 3 (30) 16 27 — — — 13
Balance as of December 31, 2014 $ 785 $ 900 $ 685 $ 272 $ 2 $ 607 $3,251
Other Postretirement Benefits
Balance as of January 1, 2014 $ — $ 2 $ 109 $ — $ — $ 4 $ 115
Actual return on plan assets:
Relating to assets still held at the reporting date — — 13 — — 1 14
Purchases, sales and settlements:
Purchases — 1 1 — — 109 111
Sales — (2) (7) — — (4) (13)
Settlements — (1) — — — — (1)
Balance as of December 31, 2014 $ — $ — $ 116 $ — $ — $ 110 $ 226
378
(a)
(a)
(a)
(b)(c)
(a)
Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.