MIDWEST GENERATION LLC

CIK:0001134016|SEC Filings

Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2014

Accumulated Other Comprehensive Loss

Midwest Generation's AOCI, net of tax, consisted of:



(in millions)	Unrealized Gains and Losses on Cash Flow Hedges		Unrecognized Loss and Prior Service Adjustments, Net			Valuation Allowance on Deferred Tax Asset			AOCI
Balance at December 31, 2013	$	—	$	(9	)	$	(12	)	$	(21	)
OCI before reclassifications	—		—			—			—
Amount reclassified from AOCI	—		—			—			—
Balance at March 31, 2014	$	—	$	(9	)	$	(12	)	$	(21	)

Midwest Generation's significant items reclassified out of AOCI and the effect on the statement of operations consisted of:



	Three Months Ended March 31,
(in millions)	2014		2013			Affected Line Item in the Statement of Operations
Unrealized gains and losses on cash flow hedges
Electricity commodity hedges	$	—	$	3		Operating revenues
Tax expense	—		1			Provision for income taxes
Total, net	$	—	$	2		Net Income (Loss)
Amortization of retirement benefit items
Actuarial losses	$	—	$	(1	)	Plant operations
Tax expense	—		—			Provision for income taxes
Total, net	$	—	$	(1	)	Net Income (Loss)

At March 31, 2014, Midwest Generation had no outstanding commodity cash flow hedges.

Supplemental Cash Flows Information

3 Months Ended

Mar. 31, 2014

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flows Information

Supplemental cash flows information for Midwest Generation consisted of the following:



	Three Months Ended March 31,
(in millions)	2014		2013
Cash paid
Interest	$	10	$	1

Midwest Generation's accrued capital expenditures at March 31, 2014 and 2013 were $6 million and $2 million, respectively. Accrued capital expenditures will be included as an investing activity on the consolidated statements of cash flows in the period paid.

Derivative Instruments and Hedging Activities (Balance Sheet Disclosures) (Details) (Electricity contracts, USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Gross Derivative Contract
Derivative, Fair Value, Net [Abstract]
Derivative Assets, Short-term	$ 0	$ 1
Derivative Liabilities, Short-term	0	1
Netting and Collateral Received
Derivative, Fair Value, Net [Abstract]
Derivative Assets, Short-term	0	(1)
Derivative Liabilities, Short-term	0	(1)
Net Derivative Contract
Derivative, Fair Value, Net [Abstract]
Derivative Assets, Short-term	0	0
Derivative Liabilities, Short-term	$ 0	$ 0