ComEd 2006 Annual Report Download - page 163

Exelon Corporation and Subsidiary Companies
Consolidated Balance Sheets
December 31,
(in millions) 2006 2005
Liabilities and shareholders’ equity
Current liabilities
Commercial paper and notes payable ................................. $ 305 $ 1,290
Long-term debt due within one year ................................... 248 407
Long-term debt to ComEd Transitional Funding Trust and PECO Energy
Transition Trust due within one year ................................. 581 507
Accounts payable ................................................. 1,382 1,467
Mark-to-market derivative liabilities ................................... 1,015 1,282
Accrued expenses ................................................. 1,180 1,005
Other ............................................................ 1,084 605
Total current liabilities .......................................... 5,795 6,563
Long-term debt ...................................................... 8,896 7,759
Long-term debt due to ComEd Transitional Funding Trust and PECO Energy
Transition Trust .................................................... 2,470 3,456
Long-term debt to other financing trusts ................................ 545 545
Deferred credits and other liabilities
Deferred income taxes and unamortized tax credits ...................... 5,424 5,078
Asset retirement obligations ......................................... 3,780 4,157
Pension obligations ................................................ 747 268
Non-pension postretirement benefits obligations ........................ 1,817 1,014
Spent nuclear fuel obligation ......................................... 950 906
Regulatory liabilities ................................................ 2,975 2,518
Mark-to-market derivative liabilities ................................... 78 522
Other ............................................................ 782 798
Total deferred credits and other liabilities ........................... 16,553 15,261
Total liabilities ....................................................... 34,259 33,584
Commitments and contingencies
Minority interest of consolidated subsidiaries ........................... — 1
Preferred securities of subsidiaries ..................................... 87 87
Shareholders’ equity
Common stock (No par value, 2,000 shares authorized, 670 and 666 shares
outstanding at December 31, 2006 and 2005, respectively) .............. 8,314 7,987
Treasury stock, at cost (13 and 9 shares held at December 31, 2006 and
2005, respectively) ............................................... (630) (444)
Retained earnings ................................................. 3,426 3,206
Accumulated other comprehensive loss, net ............................ (1,137) (1,624)
Total shareholders’ equity ....................................... 9,973 9,125
Total liabilities and shareholders’ equity ................................ $44,319 $42,797
See Combined Notes to Consolidated Financial Statements
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