Exelon 2015 Annual Report Download - page 218

Table of Contents
Exelon Generation Company, LLC and Subsidiary Companies
Consolidated Statements of Changes in Member’s Equity
(In millions)
Member’s Equity
Noncontrolling
Interest
Total
Equity
Membership
Interest
Undistributed
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Balance, December 31, 2012 $ 8,876 $ 3,168 $ 513 $ 108 $12,665
Net income (loss) — 1,070 — (10) 1,060
Distribution to member — (625) — — (625)
Allocation of tax benefit from member 26 — — — 26
Consolidated VIE dividend to noncontrolling
interest — — — (63) (63)
Deconsolidation of VIE (1) — — (18) (19)
Noncontrolling interest acquired (3) — — — (3)
Other comprehensive loss, net of income taxes — — (299) — (299)
Balance, December 31, 2013 $ 8,898 $ 3,613 $ 214 $ 17 $12,742
Net income — 835 — 184 1,019
Acquisition of noncontrolling interest — — — 5 5
Allocation of tax benefit from member 53 — — — 53
Distribution to member — (645) — — (645)
Noncontrolling interest established upon
consolidation of CENG — — — 1,548 1,548
Consolidated VIE dividend to noncontrolling
interest — — — (421) (421)
Reversal of CENG equity method AOCI, net of
income taxes — — (116) — (116)
Other comprehensive loss, net of income taxes — — (134) — (134)
Balance, December 31, 2014 $ 8,951 $ 3,803 $ (36) $ 1,333 $14,051
Net income (loss) — 1,372 — (32) 1,340
Acquisition of non-controlling interest (1) — — 2 1
Adjustment of contingently redeemable
noncontrolling interest due to release of
contingency — — — 4 4
Allocation of tax benefit from member 47 — — — 47
Distribution to member — (2,474) — — (2,474)
Other comprehensive loss, net of income taxes — — (27) — (27)
Balance, December 31, 2015 $ 8,997 $ 2,701 $ (63) $ 1,307 $12,942
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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