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  <us-gaap:IncreaseDecreaseInCommodityContractAssetsAndLiabilities contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">1000000</us-gaap:IncreaseDecreaseInCommodityContractAssetsAndLiabilities>
  <us-gaap:IncreaseDecreaseInOtherOperatingAssets contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">2000000</us-gaap:IncreaseDecreaseInOtherOperatingAssets>
  <us-gaap:IncreaseDecreaseInOtherOperatingLiabilities contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">72000000</us-gaap:IncreaseDecreaseInOtherOperatingLiabilities>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">-91000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">-4000000</us-gaap:CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations>
  <us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">-95000000</us-gaap:NetCashProvidedByUsedInOperatingActivities>
  <us-gaap:ProceedsFromIssuanceOfLongTermDebt contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">189000000</us-gaap:ProceedsFromIssuanceOfLongTermDebt>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">43000000</us-gaap:RepaymentsOfLongTermDebt>
  <eme:PaymentsToAffiliatesShareBasedCompensation contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">1000000</eme:PaymentsToAffiliatesShareBasedCompensation>
  <us-gaap:PaymentsOfFinancingCosts contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">13000000</us-gaap:PaymentsOfFinancingCosts>
  <us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">132000000</us-gaap:NetCashProvidedByUsedInFinancingActivities>
  <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">138000000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
  <eme:ProceedsFromReturnOfCapitalLoanRepaymentsAndSaleOfAssets contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">11000000</eme:ProceedsFromReturnOfCapitalLoanRepaymentsAndSaleOfAssets>
  <us-gaap:PaymentsToAcquireInterestInSubsidiariesAndAffiliates contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">7000000</us-gaap:PaymentsToAcquireInterestInSubsidiariesAndAffiliates>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">2000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">55000000</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">-188000000</us-gaap:NetCashProvidedByUsedInInvestingActivities>
  <dei:EntityFilerCategory contextRef="D2009Q2YTD">Non-accelerated Filer</dei:EntityFilerCategory>
  <dei:EntityPublicFloat contextRef="I2008Q2" decimals="INF" unitRef="USD">0</dei:EntityPublicFloat>
  <dei:EntityCommonStockSharesOutstanding contextRef="I2009Q2SO" decimals="INF" unitRef="Shares">100</dei:EntityCommonStockSharesOutstanding>
  <us-gaap:IncreaseDecreaseInRestrictedCashForOperatingActivities contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">188000000</us-gaap:IncreaseDecreaseInRestrictedCashForOperatingActivities>
  <us-gaap:ProceedsFromMinorityShareholders contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">1000000</us-gaap:ProceedsFromMinorityShareholders>
  <us-gaap:PaymentsOfDividendsMinorityInterest contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">1000000</us-gaap:PaymentsOfDividendsMinorityInterest>
  <us-gaap:CommitmentsAndContingencies2009 contextRef="D2008" xsi:nil="true" />
  <us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock contextRef="D2009Q2YTD">&lt;!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"&gt;
&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.6000.16825" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;9. Compensation and
Benefit Plans &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Pension Plans and
Postretirement Benefits Other Than Pensions &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Pension Plans &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;As of June&amp;nbsp;30, 2009,
EME had made approximately $2&amp;nbsp;million in contributions to its pension plans
and estimates to make $7&amp;nbsp;million of contributions in the last six months of
2009. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The following are
components of pension expense: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=220&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Three Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Six Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle&gt;&lt;FONT
    size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=11&gt;&lt;FONT size=1&gt;&lt;B&gt;(in
      millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Service cost&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;4&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;7&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;8&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Interest cost&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;6&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;6&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Expected return on plan
      assets&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(4&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(5&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Amortization of net
    loss&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Total expense&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;6&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;11&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;9&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Postretirement Benefits Other Than
Pensions &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;As of June&amp;nbsp;30, 2009,
EME had made approximately $1&amp;nbsp;million in contributions to its
postretirement benefits other than pensions and estimates to make
$1&amp;nbsp;million of contributions in the last six months of 2009. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The following are
components of postretirement benefits expense: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=220&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Three Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Six Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle&gt;&lt;FONT
    size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=11&gt;&lt;FONT size=1&gt;&lt;B&gt;(in
      millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Service cost&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Interest cost&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Amortization of prior service
      credit&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Amortization of net
    loss&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Total expense&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;4&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;4&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock>
  <us-gaap:SignificantAccountingPoliciesTextBlock contextRef="D2009Q2YTD">&lt;!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"&gt;
&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.6000.16825" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;1. Summary of
Significant Accounting Policies &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Basis of Presentation
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME's significant
accounting policies were described in "Note&amp;nbsp;1&amp;#151;Summary of Significant
Accounting Policies" on page&amp;nbsp;110 of EME's annual report on Form&amp;nbsp;10-K
for the year ended December&amp;nbsp;31, 2008. EME follows the same accounting
policies for interim reporting purposes, with the exception of accounting
principles adopted as of January&amp;nbsp;1, 2009 as discussed below in "&amp;#151;New
Accounting Pronouncements." This quarterly report should be read in conjunction
with such financial statements. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In the opinion of
management, all adjustments, including recurring accruals, have been made that
are necessary to fairly state the consolidated financial position and results of
operations and cash flows in accordance with accounting principles generally
accepted in the United States of America for the periods covered by this
quarterly report on Form&amp;nbsp;10-Q. The results of operations for the six months
ended June&amp;nbsp;30, 2009 are not necessarily indicative of the operating results
for the full year. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Certain prior year
reclassifications have been made to conform to the current year financial
statement presentation pertaining to the adoption of SFAS No.&amp;nbsp;160. Except
as indicated, amounts reflected in the notes to the consolidated financial
statements relate to continuing operations of EME. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Management has performed
an evaluation of subsequent events through August&amp;nbsp;7, 2009, the date the
financial statements were issued. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Cash, Cash Equivalents and
Short-term Investments &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Cash, cash equivalents
and short-term investments as of June&amp;nbsp;30, 2009 and December&amp;nbsp;31, 2008
consisted of the following: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=10&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=240&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=24&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=29&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=24&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=44&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 27pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;June&amp;nbsp;30,&lt;BR&gt;2009
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,27pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 45pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;December&amp;nbsp;31,&lt;BR&gt;2008
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,45pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=5&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Cash&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;85&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;31&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Money market funds&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,560&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,581&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;U.S. government agency securities&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;164&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Commercial paper&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;30&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Time deposits (certificates of
      deposit)&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;11&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Total cash equivalents&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,571&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,776&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Commercial paper&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Money market funds&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Total short-term investments&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;4&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Total cash, cash equivalents and short-term
      investments&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,658&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,811&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Cash equivalents, with
the exception of money market funds, were stated at amortized cost plus accrued
interest. The carrying value of cash equivalents equals the fair value as all
investments have maturities of less than three months. For further discussion of
money market funds, see Note&amp;nbsp;2&amp;#151;Fair Value Measurements. For a discussion of
restricted cash, see "&amp;#151;Restricted Cash." &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=1,FOLIO='6',FILE='DISK114:[09ZCF1.09ZCF45001]XA45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_7&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;At June&amp;nbsp;30, 2009 and
December&amp;nbsp;31, 2008, EME had classified all marketable debt securities as
held-to-maturity under SFAS No.&amp;nbsp;115, "Accounting for Certain Investments in
Debt and Equity Securities." The securities were carried at amortized cost plus
accrued interest, which was equal to its fair value. Held-to-maturity securities
all mature within one year. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Inventory &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Inventory is stated at
the lower of weighted average cost or market. Inventory at June&amp;nbsp;30, 2009
and December&amp;nbsp;31, 2008 consisted of the following: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=253&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=24&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=26&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=24&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=44&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 27pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;June&amp;nbsp;30,&lt;BR&gt;2009
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,27pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 45pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;December&amp;nbsp;31,&lt;BR&gt;2008
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,45pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=5&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Coal, fuel oil and other raw
      materials&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;158&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;131&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Spare parts, materials and
    supplies&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;62&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;58&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Total&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;220&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;189&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;New Accounting Pronouncements
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Accounting Principles Adopted
&lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Statement of Financial Accounting
Standards No.&amp;nbsp;165&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In May&amp;nbsp;2009, the
FASB issued SFAS No.&amp;nbsp;165, "Subsequent Events." SFAS No.&amp;nbsp;165 sets forth
the period after the balance sheet date during which management of a reporting
entity should evaluate events or transactions that may occur for potential
recognition or disclosure in the financial statements; the circumstances under
which an entity should recognize these events or transactions; and the
disclosures that an entity should make. EME adopted SFAS No.&amp;nbsp;165 effective
April&amp;nbsp;1, 2009. The adoption of this standard had no impact on EME's
consolidated results of operations, financial position or cash flows.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;FSP SFAS No.&amp;nbsp;157-4&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In April&amp;nbsp;2009, the
FASB issued FSP SFAS No.&amp;nbsp;157-4, "Determining Fair Value When the Volume and
Level of Activity for the Asset or Liability Have Significantly Decreased and
Identifying Transactions that Are Not Orderly." FSP SFAS No.&amp;nbsp;157-4 affirms
the objective of a fair value measurement, which is to identify the price that
would be received to sell an asset or paid to transfer a liability in an orderly
transaction at the measurement date between market participants ("exit price")
under current market conditions. FSP SFAS No.&amp;nbsp;157-4 includes guidance on
identifying circumstances that indicate when there is no active market or
transactions where the price inputs being used represent distressed or forced
sales. If either of these conditions exists, FSP SFAS No.&amp;nbsp;157-4 provides
additional direction for estimating fair value and requires disclosure of a
change in valuation technique (and the related inputs) resulting from the
application of this position and to quantify its effects, if practicable. This
position also requires disclosures on a more disaggregated basis for investments
in debt and equity securities measured at fair value. EME adopted FSP SFAS
No.&amp;nbsp;157-4 effective April&amp;nbsp;1, 2009. The adoption of this position had
no impact on EME's consolidated results of operations, financial position or
cash flows. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;FSP SFAS No.&amp;nbsp;115-2 and SFAS
No.&amp;nbsp;124-2&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In April&amp;nbsp;2009, the
FASB issued FSP SFAS No.&amp;nbsp;115-2 and SFAS No.&amp;nbsp;124-2, "Recognition and
Presentation of Other-Than-Temporary Impairments." This position amends existing
guidance for &lt;!-- SEQ.=2,FOLIO='7',FILE='DISK114:[09ZCF1.09ZCF45001]XA45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_8&gt;&lt;/A&gt;determining whether impairment is other than
temporary for debt securities. Under this position, an entity writes down to
fair value through earnings, impaired debt securities that it currently intends
to sell or for which it is more likely than not it will be required to sell
before the anticipated recovery. If an entity does not intend and will not be
required to sell a debt security but it is probable that the entity will not
collect all amounts due, the entity will separate the other-than-temporary
impairment into two components: 1)&amp;nbsp;the amount due to credit loss would be
recognized in earnings, and 2)&amp;nbsp;the remaining portion would be recognized in
other comprehensive income. EME adopted this position effective April&amp;nbsp;1,
2009, resulting in increased disclosures. The adoption of this position did not
have an impact on EME's consolidated results of operations, financial position
or cash flows. For disclosures, see "&amp;#151;Cash and Cash Equivalents and Short-term
Investments." &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;FSP SFAS No.&amp;nbsp;107-1 and APB
No.&amp;nbsp;28-1&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In April&amp;nbsp;2009, the
FASB issued FSP SFAS No.&amp;nbsp;107-1 and APB No.&amp;nbsp;28-1, "Interim Disclosures
about Fair Value of Financial Instruments." This position requires disclosures
about the fair value of all financial instruments, for which it is practicable
to estimate that fair value, for interim reporting periods as well as annual
statements. EME adopted this position effective April&amp;nbsp;1, 2009. Since FSP
SFAS No.&amp;nbsp;107-1 and APB No.&amp;nbsp;28-1 impacts disclosure only, the adoption
of this position did not have an impact on EME's consolidated results of
operations, financial position or cash flows. For disclosures, see
Note&amp;nbsp;2&amp;#151;Fair Value Measurements. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Statement of Financial Accounting
Standards No.&amp;nbsp;157&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Effective January&amp;nbsp;1,
2009, EME adopted SFAS No.&amp;nbsp;157 for nonrecurring fair value measurements of
nonfinancial assets and liabilities. The adoption of SFAS No.&amp;nbsp;157 for
nonrecurring fair value measurements did not have a material impact on EME's
consolidated financial statements. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Statement of Financial Accounting
Standards No.&amp;nbsp;141(R)&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In December&amp;nbsp;2007,
the FASB issued SFAS No.&amp;nbsp;141(R), which establishes principles and
requirements for how the acquirer in a business combination recognizes and
measures in its financial statements the identifiable assets acquired, the
liabilities assumed and any noncontrolling interest in the acquiree at the
acquisition date fair value. SFAS No.&amp;nbsp;141(R) determines what information to
disclose to enable users of the financial statements to evaluate the nature and
financial effects of the business combination. SFAS No.&amp;nbsp;141(R) applies
prospectively to business combinations for which the acquisition date is on or
after fiscal years beginning January&amp;nbsp;1, 2009. Adoption of this standard had
no impact on EME's consolidated results of operations, financial position or
cash flows because there were no business combinations during the first six
months of 2009. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Statement of Financial Accounting
Standards No.&amp;nbsp;141(R)-1&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In April&amp;nbsp;2009, the
FASB issued FSP SFAS No.&amp;nbsp;141(R)-1, "Accounting for Assets Acquired and
Liabilities Assumed in a Business Combination That Arise from Contingencies" to
amend guidance in SFAS No.&amp;nbsp;141(R). FSP SFAS No.&amp;nbsp;141(R)-1 addresses the
initial recognition, measurement and subsequent accounting for assets and
liabilities arising from contingencies in a business combination, and requires
that such assets acquired or liabilities assumed be initially recognized at fair
value at the acquisition date if fair value can be determined during the
measurement period. If the acquisition-date fair value cannot be determined, the
asset acquired or liability assumed arising from a contingency is recognized
only if certain criteria are met. This position also requires that a systematic
and rational basis for subsequently measuring and accounting for the assets or
liabilities be developed depending on their nature. This position was effective
for assets or liabilities arising from contingencies in business combinations
for which the acquisition date is on or after fiscal years beginning
January&amp;nbsp;1, 2009. &lt;!-- SEQ.=3,FOLIO='8',FILE='DISK114:[09ZCF1.09ZCF45001]XA45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_9&gt;&lt;/A&gt;Adoption of this standard had no impact on EME's
consolidated results of operations, financial position or cash flows because
there were no business combinations during the first six months of 2009.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Statement of Financial Accounting
Standards No.&amp;nbsp;160&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In December&amp;nbsp;2007,
the FASB issued SFAS No.&amp;nbsp;160, which requires an entity to present
noncontrolling interests that reflect the ownership interests in subsidiaries
held by parties other than the entity, within the equity section but separate
from the entity's equity in the consolidated financial statements. It also
requires the amount of consolidated net income attributable to the parent and to
the noncontrolling interests to be clearly identified and presented on the face
of the consolidated statement of income; changes in ownership interests to be
accounted for similarly as equity transactions; and when a subsidiary is
deconsolidated, any retained noncontrolling equity investment in the former
subsidiary and the gain or loss on the deconsolidation of the subsidiary to be
measured at fair value. EME adopted this pronouncement effective January&amp;nbsp;1,
2009. In accordance with this standard, EME reclassified noncontrolling
interests of $80&amp;nbsp;million at December&amp;nbsp;31, 2008 to a component of equity
on EME's consolidated balance sheet. For additional information regarding the
adoption of SFAS No.&amp;nbsp;160, see Note&amp;nbsp;7&amp;#151;Noncontrolling Interests.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Statement of Financial Accounting
Standards No.&amp;nbsp;161&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In March&amp;nbsp;2008, the
FASB issued SFAS No.&amp;nbsp;161, which requires additional disclosures related to
derivative instruments, including how and why an entity uses derivative
instruments, how derivative instruments and related hedged items are accounted
for and how derivative instruments and related hedged items affect an entity's
financial position, financial performance, and cash flows. EME adopted this
pronouncement effective January&amp;nbsp;1, 2009. Since SFAS No.&amp;nbsp;161 impacts
disclosures only, the adoption of this standard did not have an impact on EME's
consolidated results of operations, financial position or cash flows. For
additional information regarding the adoption of SFAS No.&amp;nbsp;161, see
Note&amp;nbsp;3&amp;#151;Derivative Instruments. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;FSP SFAS No.&amp;nbsp;142-3&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In April&amp;nbsp;2008, the
FASB issued FSP SFAS No.&amp;nbsp;142-3, "Determination of the Useful Life of
Intangible Assets," which amends the factors that should be considered in
developing renewal or extension assumptions used to determine the useful life of
a recognized intangible asset under SFAS No.&amp;nbsp;142, "Goodwill and Other
Intangible Assets." The intent of the position is to improve the consistency
between the useful life of a recognized intangible asset under SFAS No.&amp;nbsp;142
and the period of expected cash flows used to measure the fair value of the
asset under SFAS No.&amp;nbsp;141(R) and other GAAP. EME adopted this pronouncement
effective January&amp;nbsp;1, 2009. The adoption of this position had no impact on
EME's consolidated results of operations, financial position or cash flows.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;EITF Issue No.&amp;nbsp;08-6&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In November&amp;nbsp;2008,
the FASB ratified the consensus in EITF Issue No.&amp;nbsp;08-6, "Equity Method
Investment Accounting Considerations." This issue clarifies the accounting for
certain transactions and impairment considerations involving equity method
investments. Effective January&amp;nbsp;1, 2009, EME adopted this issue
prospectively. The adoption had no impact on EME's consolidated financial
statements. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=4,FOLIO='9',FILE='DISK114:[09ZCF1.09ZCF45001]XA45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_10&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Accounting Principles Not Yet
Adopted &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;FSP SFAS No.&amp;nbsp;132(R)-1&amp;#151;
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In December&amp;nbsp;2008,
the FASB issued FSP SFAS No.&amp;nbsp;132(R)-1, "Employers' Disclosures about
Postretirement Benefit Plan Assets." This position requires additional plan
asset disclosures about the major categories of assets, the inputs and valuation
techniques used to measure fair value, the level within the fair value
hierarchy, the effect of using significant unobservable inputs (Level&amp;nbsp;3)
and significant concentrations of risk. This position is effective for years
ending after December&amp;nbsp;15, 2009 and therefore, EME will adopt FSP SFAS
No.&amp;nbsp;132(R)-1 at year-end 2009. FSP SFAS No.&amp;nbsp;132(R)-1 will impact
disclosures only and will not have an impact on EME's consolidated results of
operations, financial position or cash flows. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Statement of Financial Accounting
Standards No.&amp;nbsp;167&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In June&amp;nbsp;2009, the
FASB issued SFAS No.&amp;nbsp;167, "Amendments to FASB Interpretation
No.&amp;nbsp;46(R)." SFAS No.&amp;nbsp;167 changes how a company determines when an
entity that is insufficiently capitalized or is not controlled through voting
(or similar rights) should be consolidated. The determination of whether a
company is required to consolidate an entity is based on, among other things, an
entity's purpose and design and a company's ability to direct the activities of
the entity that most significantly impact the entity's economic performance. EME
will adopt SFAS No.&amp;nbsp;167 on January&amp;nbsp;1, 2010 and is currently evaluating
the impact, if any, that the adoption of this standard will have on its
consolidated financial statements. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Statement of Financial Accounting
Standards No.&amp;nbsp;168&amp;#151; &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In June&amp;nbsp;2009, the
FASB issued SFAS No.&amp;nbsp;168, "The FASB Accounting Standards Codification&amp;#153; and
the Hierarchy of Generally Accepted Accounting Principles." This Statement
establishes the Codification to become the source of authoritative,
nongovernmental U.S.&amp;nbsp;GAAP superseding existing FASB, American Institute of
Certified Public Accountants (AICPA), Emerging Issues Task Force (EITF) and
related literature. Following this Statement, the FASB will not issue new
standards in the form of Statements, FASB Staff Positions or EITF Abstracts.
Instead, the FASB will issue Accounting Standards Updates. Two levels of
U.S.&amp;nbsp;GAAP will exist: authoritative and non-authoritative. Codification is
not intended to change U.S.&amp;nbsp;GAAP or guidance issued by the SEC. However,
Codification will affect the way EME researches accounting issues and references
U.S.&amp;nbsp;GAAP in its notes to consolidated financial statements and MD&amp;amp;A.
EME will adopt this Statement in the third quarter of 2009. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Restricted Cash
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Cash balances that are
restricted to pay amounts required for lease payments, margining, or to provide
collateral are classified as restricted cash. Cash balances that are restricted
under margining agreements are classified as short term as such amounts change
frequently based on forward market prices. &lt;/FONT&gt;&lt;/P&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:SignificantAccountingPoliciesTextBlock>
  <us-gaap:FairValueDisclosuresTextBlock contextRef="D2009Q2YTD">&lt;!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"&gt;
&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.6000.16809" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;2. Fair Value
Measurements &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;SFAS No.&amp;nbsp;157 defines
fair value as the price that would be received to sell an asset or paid to
transfer a liability in an orderly transaction between market participants at
the measurement date (referred to as an "exit price" in SFAS No.&amp;nbsp;157). SFAS
No.&amp;nbsp;157 clarifies that a fair value measurement for a liability should
reflect the entity's nonperformance risk. In addition, SFAS No.&amp;nbsp;157
establishes a fair value hierarchy that prioritizes the inputs to valuation
techniques used to measure fair value. The &lt;!-- SEQ.=5,FOLIO='10',FILE='DISK114:[09ZCF1.09ZCF45001]XA45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_11&gt;&lt;/A&gt;hierarchy gives the highest priority to unadjusted
quoted market prices in active markets for identical assets and liabilities
(Level&amp;nbsp;1 measurements) and the lowest priority to unobservable inputs
(Level&amp;nbsp;3 measurements). The three levels of the fair value hierarchy under
SFAS No.&amp;nbsp;157 are: &lt;/FONT&gt;&lt;/P&gt;
&lt;UL&gt;
  &lt;DL compact&gt;
    &lt;DT style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;#149;&lt;/FONT&gt;
    &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Level&amp;nbsp;1&amp;#151;Unadjusted quoted
    prices in active markets that are accessible at the measurement date for
    identical assets and liabilities; &lt;/FONT&gt;&lt;FONT size=2&gt;&lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
    &lt;DT style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;#149;&lt;/FONT&gt;
    &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Level&amp;nbsp;2&amp;#151;Pricing inputs that
    include quoted prices for similar assets and liabilities in active markets
    and inputs that are observable for the asset or liability, either directly
    or indirectly, for substantially the full term of the derivative instrument;
    and &lt;/FONT&gt;&lt;FONT size=2&gt;&lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
    &lt;DT style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;#149;&lt;/FONT&gt;
    &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Level&amp;nbsp;3&amp;#151;Prices or
    valuations that require inputs that are both significant to the fair value
    measurements and unobservable. &lt;/FONT&gt;&lt;/DD&gt;&lt;/DL&gt;&lt;/UL&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME's assets and
liabilities carried at fair value primarily consist of derivative contracts and
money market funds. Derivative contracts primarily relate to power and include
contracts for forward physical sales and purchases, options and forward price
swaps which settle only on a financial basis (including futures contracts).
Derivative contracts can be exchange traded or over-the-counter traded.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The fair value of
derivative contracts takes into account quoted market prices, time value of
money, volatility of the underlying commodities and other factors. Derivatives
that are exchange traded in active markets for identical assets or liabilities
are classified as Level&amp;nbsp;1. The majority of derivative contracts used for
hedging purposes are based on forward market prices in active markets (PJM West
Hub, Northern Illinois Hub peak and AEP/Dayton) adjusted for nonperformance
risks. EME obtains forward market prices from traded exchanges (ICE Futures U.S.
or New York Mercantile Exchange) and available broker quotes. Then, EME selects
a primary source that best represents traded activity for each market to develop
observable forward market prices in determining the fair value of these
positions. Broker quotes or prices from exchanges are used to validate and
corroborate the primary source. These price quotations reflect mid-market prices
(average of bid and ask) and are obtained from sources that EME believes to
provide the most liquid market for the commodity. EME considers broker quotes to
be observable when corroborated with other information which may include a
combination of prices from exchanges, other brokers, and comparison to executed
trades. The majority of the fair value of EME's derivative contracts determined
in this manner are classified as Level&amp;nbsp;2. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Derivatives that trade
infrequently (such as financial transmission rights and over-the-counter
derivatives at illiquid locations), derivatives with counterparties that have
significant nonperformance risks, as discussed below, and long-term power
agreements are classified as Level&amp;nbsp;3. For illiquid financial transmission
rights, EME reviews objective criteria related to system congestion on a
quarterly basis and other underlying drivers and adjusts fair value when EME
concludes a change in objective criteria would result in a new valuation that
better reflects the fair value. Changes in fair values are based on the
hypothetical sale of illiquid positions. For illiquid long-term power
agreements, fair value is based upon a discounting of future electricity prices
derived from a proprietary model using the risk free discount rate for a similar
duration contract, adjusted for credit risk and market liquidity. Changes in
fair value are based on changes to forward market prices, including forecasted
prices for illiquid forward periods. In circumstances where EME cannot verify
fair value with observable market transactions, it is possible that a different
valuation model could produce a materially different estimate of fair value. As
markets continue to develop and more pricing information becomes available, EME
continues to assess valuation methodologies used to determine fair value.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In assessing
nonperformance risks, EME reviews credit ratings of counterparties (and related
default rates based on such credit ratings) and prices of credit default swaps.
The market price (or premium) for credit default swaps represents the price that
a counterparty would pay to transfer the &lt;!-- SEQ.=6,FOLIO='11',FILE='DISK114:[09ZCF1.09ZCF45001]XA45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_12&gt;&lt;/A&gt;risk of default, typically bankruptcy, to another
party. A credit default swap is not directly comparable to the credit risks of
derivative contracts, but provides market information of the related risk of
nonperformance. EME reduced the fair value of derivative assets for
nonperformance risks by $5&amp;nbsp;million at June&amp;nbsp;30, 2009. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Investments in money
market funds are generally classified as Level&amp;nbsp;1 as fair value is
determined by observable market prices (unadjusted) in active
markets.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;The following table sets forth EME's
assets and liabilities that were accounted for at fair value by level within the
fair value hierarchy as of June&amp;nbsp;30, 2009 and December&amp;nbsp;31, 2008:
&lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=10&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=197&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=29&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=25&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=21&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=38&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=29&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=left colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 67pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;As of June&amp;nbsp;30, 2009
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,67pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 23pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Level&amp;nbsp;1
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,23pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 23pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Level&amp;nbsp;2
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,23pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 23pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Level&amp;nbsp;3
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,23pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 42pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Netting and&lt;BR&gt;Collateral&lt;SUP&gt;(2)&lt;/SUP&gt; &lt;!-- COMMAND=ADD_SCROPPEDRULE,42pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 18pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Total &lt;!-- COMMAND=ADD_SCROPPEDRULE,18pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=14&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Assets at Fair Value&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Money market funds&lt;SUP&gt;(1)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,560&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,561&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Derivative contracts&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;19&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;497&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;266&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(394&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;388&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Liabilities at Fair Value&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
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      &lt;DIV
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    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(27&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;&lt;!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" --&gt;
&lt;HR align=left width="26%" color=#000000 noShade SIZE=1&gt;

&lt;DL compact&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(1)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;Included in cash and cash
  equivalents and short-term investments on EME's consolidated balance sheet.
  &lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(2)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;Represents cash collateral and the
  impact of netting across the levels of the fair value hierarchy. Netting among
  positions classified within the same level is included in that level.
  &lt;/FONT&gt;&lt;/DD&gt;&lt;/DL&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The following table sets
forth a summary of changes in the fair value of assets and liabilities, net
categorized as Level&amp;nbsp;3 for the periods ended June&amp;nbsp;30, 2009 and 2008:
&lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=10&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=267&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=26&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=26&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=21&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=21&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Three Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Six Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=11&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Fair value at beginning of
periods&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;269&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;111&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;216&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;120&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Total realized/unrealized gains
      (losses):&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Included in
earnings&lt;SUP&gt;(1)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(49&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;59&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;97&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;92&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Included in accumulated other comprehensive
      income&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(4&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(6&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Purchases and settlements, net&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;29&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(38&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(60&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(75&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Transfers in or out of
    Level&amp;nbsp;3&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(8&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(7&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(12&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(10&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Fair value at June&amp;nbsp;30&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;241&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;121&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;241&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;121&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Change during the periods in unrealized gains
      (losses) related to assets and liabilities, net held at
      June&amp;nbsp;30&lt;SUP&gt;(1)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;13&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;34&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;71&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;37&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;&lt;!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" --&gt;
&lt;HR align=left width="26%" color=#000000 noShade SIZE=1&gt;

&lt;DL compact&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(1)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;Reported in operating revenues on
  EME's consolidated statements of income. &lt;/FONT&gt;
  &lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;!-- SEQ.=7,FOLIO='12',FILE='DISK114:[09ZCF1.09ZCF45001]XC45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
  name=page_xxx45001_1_13&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/DD&gt;&lt;/DL&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The increase in the fair
value of Level&amp;nbsp;3 derivative contracts during the first six months of 2009
is primarily due to load requirements services contracts. The energy price risk
related to these contracts was substantially hedged, but such hedge contracts
are classified as Level&amp;nbsp;2 and, therefore, not reflected as an offsetting
position in Level&amp;nbsp;3. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Long-term Obligations
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The carrying amounts and
fair values of EME's long-term obligations as of June&amp;nbsp;30, 2009 and
December&amp;nbsp;31, 2008 were as follows: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=249&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=29&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=32&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=29&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=32&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;June&amp;nbsp;30, 2009 &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;December&amp;nbsp;31, 2008
    &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle&gt;&lt;FONT
    size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 31pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Carrying&lt;BR&gt;Amount
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,31pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 36pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Fair Value
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,36pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 31pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Carrying&lt;BR&gt;Amount
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,31pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 36pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Fair Value
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,36pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=11&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Long-term obligations&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;4,769&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3,894&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;4,638&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3,982&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Long-term obligations due within one
      year&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;39&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;39&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;24&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;24&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In assessing the fair
value of EME's long-term obligations, EME primarily uses quoted market prices,
except for floating-rate debt for which the carrying amounts were considered a
reasonable estimate of fair value. &lt;/FONT&gt;&lt;/P&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:FairValueDisclosuresTextBlock>
  <us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock contextRef="D2009Q2YTD">&lt;!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"&gt;
&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.6000.16825" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;3. Derivative
Instruments &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME uses derivative
instruments to reduce EME's exposure to market risks that arise from
fluctuations in electricity, capacity and fuel prices, emission allowances and
transmission rights. Additionally, EME's financial results can be affected by
fluctuations in interest rates. To the extent that EME does not use derivative
instruments to hedge these market risks, the unhedged portions will be subject
to the risks and benefits of spot market price movements. Hedge transactions are
primarily entered into using derivative instruments including: &lt;/FONT&gt;&lt;/P&gt;
&lt;UL&gt;
  &lt;DL compact&gt;
    &lt;DT style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;#149;&lt;/FONT&gt;
    &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;futures contracts cleared on the
    Intercontinental Trading Exchange and the New York Mercantile Exchange or
    executed bilaterally with counterparties, &lt;/FONT&gt;&lt;FONT
size=2&gt;&lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
    &lt;DT style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;#149;&lt;/FONT&gt;
    &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;forward sales transactions
    entered into on a bilateral basis with third parties, including electric
    utilities, power marketing companies and financial institutions,
    &lt;/FONT&gt;&lt;FONT size=2&gt;&lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
    &lt;DT style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;#149;&lt;/FONT&gt;
    &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;full requirements services
    contracts or load requirements services contracts for the procurement of
    power for electric utilities' customers, with such services providing for
    the delivery of a bundled product including, but not limited to, energy,
    transmission, capacity, and ancillary services, generally for a fixed unit
    price, &lt;/FONT&gt;&lt;FONT size=2&gt;&lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
    &lt;DT style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;#149;&lt;/FONT&gt;
    &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;capacity transactions, and
    &lt;/FONT&gt;&lt;FONT size=2&gt;&lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
    &lt;DT style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;#149;&lt;/FONT&gt;
    &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;interest rate swaps entered into
    on a bilateral basis with counterparties. &lt;/FONT&gt;&lt;/DD&gt;&lt;/DL&gt;&lt;/UL&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The extent to which EME
hedges its market price risk depends on several factors. First, EME evaluates
over-the-counter market prices to determine if forward market prices are
sufficiently attractive compared to the risks associated with the fluctuating
spot market. Second, EME evaluates the sufficiency of its credit capacity at EME
and Midwest Generation and whether the forward sales markets have sufficient
liquidity to enable EME to identify appropriate counterparties for hedge
transactions. Hedge transactions entered into by EME are accounted for under
SFAS No.&amp;nbsp;133. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;SFAS No.&amp;nbsp;133, as
amended and interpreted by accounting literature, establishes accounting and
reporting standards for derivative instruments (including certain derivative
instruments embedded in &lt;!-- SEQ.=8,FOLIO='13',FILE='DISK114:[09ZCF1.09ZCF45001]XC45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_14&gt;&lt;/A&gt;other contracts). SFAS No.&amp;nbsp;133 requires a
company to record derivatives on its balance sheets as either assets or
liabilities measured at fair value unless otherwise exempted from derivative
treatment as a normal sale and purchase. Under SFAS No.&amp;nbsp;133, all changes in
the fair value of derivative instruments are recognized currently in earnings,
unless specific hedge criteria are met, which requires that EME formally
document, designate, and assess the effectiveness of transactions that receive
hedge accounting. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;SFAS No.&amp;nbsp;133 sets
forth the accounting requirements for cash flow hedges. SFAS No.&amp;nbsp;133
provides that the effective portion of gains or losses on derivative instruments
designated and qualifying as cash flow hedges be reported as a component of
other comprehensive income and be reclassified into earnings in the same period
during which the hedged forecasted transaction affects earnings. The remaining
gains or losses on the derivative instruments, if any, must be recognized
currently in earnings. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Many of the derivative
instruments entered into for risk management purposes (also referred to as
non-trading purposes) meet the requirements for hedge accounting under SFAS
No.&amp;nbsp;133. However, not all derivative instruments entered into for risk
management purposes will qualify for hedge accounting treatment. Furthermore,
EME utilizes derivative contracts that are designed to adjust financial and/or
physical positions that reduce costs or increase gross margin. Accordingly, risk
management positions may not be designated as cash flow hedges and are thus
marked to market through current period earnings (derivatives that are entered
into for risk management, but which are not designated as cash flow hedges, are
referred to as economic hedges). &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;SFAS No.&amp;nbsp;133 affects
the timing of income recognition, but has no effect on cash flow. To the extent
that income varies under SFAS No.&amp;nbsp;133 from accrual accounting
(i.e.,&amp;nbsp;revenue recognition based on the settlement of transactions), EME
records unrealized gains or losses. EME classifies unrealized gains and losses
from commodity contracts in operating revenues or fuel expenses based on the
item being hedged. In addition, the results of derivative activities are
recorded in cash flows from operating activities in the consolidated statements
of cash flows. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Derivative instruments
that are utilized for trading purposes are measured at fair value and included
in the balance sheet as derivative assets or liabilities. In the absence of
quoted market prices, derivative instruments are valued at fair value as
determined through the methodology outlined in Note&amp;nbsp;2&amp;#151;Fair Value
Measurements. Resulting gains and losses are recognized in operating revenues in
the accompanying consolidated income statements in the period of change in
accordance with EITF No.&amp;nbsp;02-3, "Issues Involved in Accounting for
Derivative Contracts Held for Trading Purposes and Contracts Involved in Energy
Trading and Risk Management Activities." &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Where EME's derivative
instruments are subject to a master netting agreement and the criteria of FASB
Interpretation (FIN) No.&amp;nbsp;39 "Offsetting of Amounts Related to Certain
Contracts" are met, EME presents its derivative assets and liabilities on a net
basis in its balance sheet. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=9,FOLIO='14',FILE='DISK114:[09ZCF1.09ZCF45001]XC45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_15&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Notional Volumes of Derivative
Instruments &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The following table
summarizes the notional volumes of derivatives used for hedging and trading
activities at June&amp;nbsp;30, 2009: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=51&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=20&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=50&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=20&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=49&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=20&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=74&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=20&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=33&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=20&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=30&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=39&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=29&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Hedging Activities &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=left&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Commodity
    &lt;!-- COMMAND=ADD_SCROPPEDRULE,40pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=left&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Instrument
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,40pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 48pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Classification
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,48pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=left&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 31pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Unit of&lt;BR&gt;Measure
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,31pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 37pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Cash Flow&lt;BR&gt;Hedges
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,37pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 34pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Economic&lt;BR&gt;Hedges
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,34pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 32pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Trading&lt;BR&gt;Activities
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,32pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Electricity&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Forwards&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Sales&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;GWh&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;16,809&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(1)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;20,215&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(3)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;21,651&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Electricity&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Forwards&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Purchases&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;GWh&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;19,088&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(3)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;23,238&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Electricity&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Capacity&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Sales&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;MW-Day&lt;BR&gt;&lt;/FONT&gt;&lt;FONT
      size=1&gt;(in thousands)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;386&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(2)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;91&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(2)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Electricity&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Capacity&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Purchases&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;MW-Day&lt;BR&gt;&lt;/FONT&gt;&lt;FONT
      size=1&gt;(in thousands)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;25&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(2)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;5&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(2)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;554&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(2)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Electricity&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Congestion&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Sales&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;GWh&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;136&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(4)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;7,570&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(4)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Electricity&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Congestion&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Purchases&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;GWh&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3,328&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(4)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;171,875&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;SUP&gt;(4)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Natural gas&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Forwards&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Sales&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;billion cubic feet&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;9.8&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;42.0&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Natural gas&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Forwards&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Purchases&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;billion cubic feet&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;44.8&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Fuel oil&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Forwards&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Sales&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Barrels&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;90,000&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Fuel oil&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Forwards&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Purchases&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Barrels&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;600,000&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;140,000&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;&lt;!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" --&gt;
&lt;HR align=left width="26%" color=#000000 noShade SIZE=1&gt;

&lt;DL compact&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(1)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;EME's hedge products include
  forward and futures contracts that qualify for hedge accounting under SFAS
  No.&amp;nbsp;133. This category excludes power contracts for the Illinois Plants
  which meet the normal sales and purchase exception under SFAS No.&amp;nbsp;133 and
  are accounted for on the accrual method. &lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(2)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;EME's hedge transactions for
  capacity result from bilateral trades. Capacity sold in the PJM RPM auction is
  not accounted for as a derivative under SFAS No.&amp;nbsp;133. &lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(3)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;EME also entered into transactions
  that adjust financial and physical positions, or day-ahead and real-time
  positions to reduce costs or increase gross margin. These positions largely
  offset each other. The net sales positions of these categories are primarily
  related to hedge transactions that are not designated as cash flow hedges
  under SFAS No.&amp;nbsp;133. &lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(4)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;Congestion contracts are financial
  transmission rights, transmission congestion contracts or congestion revenue
  rights. These positions are similar to a swap, where the buyer is entitled to
  receive a stream of revenues (or charges) based on the hourly day-ahead price
  differences between two locations. &lt;/FONT&gt;&lt;/DD&gt;&lt;/DL&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In addition, Viento
Funding&amp;nbsp;II,&amp;nbsp;Inc., an EME subsidiary, in conjunction with the closing
of its wind portfolio financing, entered into seven-year amortizing interest
rate swaps accounted for as cash flow hedges with a total notional amount of
approximately $170&amp;nbsp;million at June&amp;nbsp;30, 2009. The interest rate swaps
entitle Viento Funding&amp;nbsp;II to receive a floating (six-month LIBOR) rate and
pay a fixed rate of 3.175%. The interest rate swap agreements expire in
June&amp;nbsp;2016. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=10,FOLIO='15',FILE='DISK114:[09ZCF1.09ZCF45001]XC45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_16&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Fair Value of Derivative
Instruments &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The following table
summarizes the gross fair value of derivative instruments at June&amp;nbsp;30, 2009:
&lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=10&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=160&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=35&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=33&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=33&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=35&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=33&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=26&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=33&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=8&gt;&lt;FONT size=1&gt;&lt;B&gt;Derivative Assets &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=8&gt;&lt;FONT size=1&gt;&lt;B&gt;Derivative Liabilities
    &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 93pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Short-term
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,93pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 91pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Long-term
    &lt;!-- COMMAND=ADD_SCROPPEDRULE,91pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 30pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Subtotal
    &lt;!-- COMMAND=ADD_SCROPPEDRULE,30pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 93pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Short-term
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,93pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 91pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Long-term
    &lt;!-- COMMAND=ADD_SCROPPEDRULE,91pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 30pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Subtotal
    &lt;!-- COMMAND=ADD_SCROPPEDRULE,30pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 37pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Net Assets
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,37pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=20&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
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    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
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    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,076&lt;/FONT&gt;&lt;/TD&gt;
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    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;383&lt;/FONT&gt;&lt;/TD&gt;
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    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
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    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Total&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;223&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;165&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;388&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;7&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;13&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;20&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;368&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Income Statement Impact of
Derivative Instruments &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The following table
provides the activity of accumulated other comprehensive income for the six
months ended June&amp;nbsp;30, 2009, containing the information about the changes in
the fair value of cash flow hedges and reclassification from accumulated other
comprehensive income into results of operations: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=275&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=57&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=99&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 51pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Cash Flow&lt;BR&gt;Hedge Activity&lt;SUP&gt;(1)&lt;/SUP&gt; &lt;!-- COMMAND=ADD_SCROPPEDRULE,51pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 69pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Income&lt;BR&gt;Statement Location &lt;!-- COMMAND=ADD_SCROPPEDRULE,69pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=2&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
  size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Accumulated other comprehensive income
      derivative gain at December&amp;nbsp;31, 2008&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;398&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Effective portion of changes in fair
      value&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;109&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Reclassification from accumulated other
      comprehensive income to net income&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(55&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Operating
      revenues&lt;SUP&gt;(2)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Accumulated other comprehensive income
      derivative gain at June&amp;nbsp;30, 2009&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;452&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;&lt;!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" --&gt;
&lt;HR align=left width="26%" color=#000000 noShade SIZE=1&gt;

&lt;DL compact&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(1)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;Unrealized derivative gains are
  before income taxes. The after-tax amounts recorded in accumulated other
  comprehensive income at June&amp;nbsp;30, 2009 and December&amp;nbsp;31, 2008 were
  $269&amp;nbsp;million and $240&amp;nbsp;million, respectively. &lt;BR&gt;&lt;BR&gt;&lt;/FONT&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(2)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;Represents reclassification of
  unrealized gains to operating revenues. &lt;/FONT&gt;&lt;/DD&gt;&lt;/DL&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Under SFAS No.&amp;nbsp;133,
the portion of a cash flow hedge that does not offset the change in the value of
the transaction being hedged, which is commonly referred to as the ineffective
portion, is immediately recognized in earnings. EME recorded net gains (losses)
of $5&amp;nbsp;million and $(18)&amp;nbsp;million during the second quarters of 2009 and
2008, respectively, and $5&amp;nbsp;million and $(31)&amp;nbsp;million during the six
months ended June&amp;nbsp;30, 2009 and 2008, respectively, representing the amount
of cash flow hedge ineffectiveness and are reflected in operating revenues in
the income statement. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=11,FOLIO='16',FILE='DISK114:[09ZCF1.09ZCF45001]XC45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_17&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The effect of realized
and unrealized gains from derivative instruments used for economic hedging and
trading purposes on the consolidated statement of income for the periods ended
June&amp;nbsp;30, 2009 is presented below: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=162&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=83&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=46&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=44&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=left&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 16pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Type &lt;!-- COMMAND=ADD_SCROPPEDRULE,16pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 69pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Income&lt;BR&gt;Statement Location &lt;!-- COMMAND=ADD_SCROPPEDRULE,69pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 50pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Three Months&lt;BR&gt;Ended&lt;BR&gt;June&amp;nbsp;30, 2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,50pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 46pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Six Months&lt;BR&gt;Ended&lt;BR&gt;June&amp;nbsp;30, 2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,46pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=5&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT
      size=2&gt;&lt;!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" --&gt;Economic
      hedges&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Operating revenue&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;16&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT
      size=2&gt;&lt;!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" --&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Fuel expense&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;14&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;14&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P
      style="MARGIN-TOP: 12pt; MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Trading activities&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P
      style="MARGIN-TOP: 12pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; FONT-FAMILY: times"
      align=left&gt;&lt;FONT size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Operating
revenue&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&lt;BR&gt;17&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&lt;BR&gt;27&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Contingent Features/Credit
Related Exposure &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Certain derivative
instruments contain margin and collateral deposit requirements. Since EME's
credit ratings are below investment grade, EME has historically provided
collateral in the form of cash and letters of credit for the benefit of
counterparties related to the net of accounts payable, accounts receivable,
unrealized losses and unrealized gains in connection with derivative activities.
Certain derivative contracts do not require margin, but contain provisions that
require EME or Midwest Generation to comply with the terms and conditions of
their respective credit facilities. The credit facilities each contain financial
covenants. Some hedge contracts include provisions related to a change in
control or material adverse effect resulting from amendments or modifications to
the related credit facility. Failure by EME or Midwest Generation to comply with
these provisions may result in a termination event under the hedge contracts,
enabling the counterparties to terminate and liquidate all outstanding
transactions and demand immediate payment of amounts owed to them. EMMT also has
hedge contracts that do not require margin, but provide that each party can
request additional credit support in the form of adequate assurance of
performance in the case of an adverse development affecting the other party. The
aggregate fair value of all derivative instruments with credit-risk-related
contingent features is in an asset position on June&amp;nbsp;30, 2009 and,
accordingly, the contingent features described above do not currently have a
liquidity exposure. Future increases in power prices could expose EME or Midwest
Generation to termination payments or additional collateral postings under the
contingent features described above. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Margin and Collateral Deposits
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Margin and collateral
deposits include cash deposited with counterparties and brokers as credit
support under energy contracts. The amount of margin and collateral deposits
generally varies based on changes in fair value of the related positions. In
accordance with FIN No.&amp;nbsp;39-1, "Amendment of FASB Interpretation
No.&amp;nbsp;39," EME presents a portion of its margin and cash collateral deposits
net with its derivative positions on EME's consolidated balance sheets. Amounts
recognized for cash collateral provided to others that have been offset against
net derivative liabilities totaled $46&amp;nbsp;million and $51&amp;nbsp;million at
June&amp;nbsp;30, 2009 and December&amp;nbsp;31, 2008, respectively. Amounts recognized
for cash collateral received from others that have been offset against net
derivative assets totaled $275&amp;nbsp;million and $225&amp;nbsp;million at
June&amp;nbsp;30, 2009 and December&amp;nbsp;31, 2008, respectively. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=12,FOLIO='17',FILE='DISK114:[09ZCF1.09ZCF45001]XC45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock>
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&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.6000.16825" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;4. Accumulated Other
Comprehensive Income &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Accumulated other
comprehensive income consisted of the following: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=188&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=49&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=69&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=65&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 53pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Unrealized&lt;BR&gt;Gains on Cash&lt;BR&gt;Flow Hedges &lt;!-- COMMAND=ADD_SCROPPEDRULE,53pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 73pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Unrecognized Losses&lt;BR&gt;and Prior Service&lt;BR&gt;Adjustments,
      Net&lt;SUP&gt;(1)&lt;/SUP&gt;
    &lt;!-- COMMAND=ADD_SCROPPEDRULE,73pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 69pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Accumulated Other&lt;BR&gt;Comprehensive&lt;BR&gt;Income &lt;!-- COMMAND=ADD_SCROPPEDRULE,69pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=8&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Balance at December&amp;nbsp;31, 2008&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;240&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(40&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;200&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Current period change&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;29&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;30&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
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    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Balance at June&amp;nbsp;30, 2009&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;269&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(39&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;230&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;&lt;!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" --&gt;
&lt;HR align=left width="26%" color=#000000 noShade SIZE=1&gt;

&lt;DL compact&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(1)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;For further detail, see
  Note&amp;nbsp;9&amp;#151;Compensation and Benefit Plans. &lt;/FONT&gt;&lt;/DD&gt;&lt;/DL&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The amount of commodity
hedges included in unrealized gains on cash flow hedges, net of tax, at
June&amp;nbsp;30, 2009 was a gain of $270&amp;nbsp;million. The amount of interest rate
hedges included in unrealized gains on cash flow hedges, net of tax, at
June&amp;nbsp;30, 2009 was a loss of $1&amp;nbsp;million. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Unrealized gains on
commodity hedges included those related to Midwest Generation and EME Homer City
futures and forward electricity contracts that qualify for hedge accounting.
These gains arise because current forecasts of future electricity prices in
these markets are lower than the contract prices. As EME's hedged positions for
continuing operations are realized, $209&amp;nbsp;million, after tax, of the net
unrealized gains on cash flow hedges at June&amp;nbsp;30, 2009 are expected to be
reclassified into earnings during the next 12&amp;nbsp;months. Management expects
that reclassification of net unrealized gains will increase energy revenue
recognized at market prices. Actual amounts ultimately reclassified into
earnings over the next 12&amp;nbsp;months could vary materially from this estimated
amount as a result of changes in market conditions. The maximum period over
which a cash flow hedge is designated is through December&amp;nbsp;31, 2011.
&lt;/FONT&gt;&lt;/P&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:ComprehensiveIncomeNoteTextBlock>
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&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;5. Restructuring Costs
&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;As a result of the
continuing downturn in economic conditions, EME reduced approximately 75
positions in its regional and corporate offices in April&amp;nbsp;2009. As a result,
EME recorded charges of approximately $5&amp;nbsp;million (pre-tax) during the
second quarter of 2009 included in administrative and general expense on EME's
consolidated statement of income. &lt;/FONT&gt;&lt;/P&gt;&lt;/BODY&gt;&lt;/HTML&gt;
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&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;6. Discontinued
Operations &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Summarized financial
information for discontinued operations is as follows: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=277&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=26&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=26&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=21&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=21&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Three Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Six Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle&gt;&lt;FONT
    size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=11&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Loss before income taxes and minority
      interest&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(12&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(6&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(6&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Provision (benefit) for income
    taxes&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(5&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;#151;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Loss from operations of discontinued foreign
      subsidiaries&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(7&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(4&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(6&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;During the second quarter
of 2009, EME increased its estimated liability for a tax indemnity related to
EME's previous sale of an international project by $6&amp;nbsp;million and
recognized foreign exchange losses and interest related to such tax indemnity.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=13,FOLIO='18',FILE='DISK114:[09ZCF1.09ZCF45001]XC45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock>
  <us-gaap:MinorityInterestDisclosureTextBlock contextRef="D2009Q2YTD">&lt;!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"&gt;
&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.6000.16825" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;7. Noncontrolling
Interests &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Pursuant to SFAS
No.&amp;nbsp;160, EME is providing a consolidated statement of changes in equity and
a schedule summarizing the amounts of income from continuing operations and
discontinued operations attributable to EME. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Consolidated Statement of
Changes in Equity &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Consolidated statement of
changes in equity at the beginning and the end of the six months ended
June&amp;nbsp;30, 2009 and 2008: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=131&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=4&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=25&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=4&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=29&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=4&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=51&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=4&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=29&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=4&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=18&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=4&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=35&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=11&gt;&lt;FONT size=1&gt;&lt;B&gt;EME Shareholders &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=left&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 111pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Six months ended June&amp;nbsp;30, 2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,111pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 18pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Total &lt;!-- COMMAND=ADD_SCROPPEDRULE,18pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 32pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Retained&lt;BR&gt;Earnings
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,32pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 54pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Accumulated&lt;BR&gt;Other&lt;BR&gt;Comprehensive&lt;BR&gt;Income (Loss) &lt;!-- COMMAND=ADD_SCROPPEDRULE,54pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 32pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Common&lt;BR&gt;Stock
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,32pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 80pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Additional&lt;BR&gt;Paid-in&lt;BR&gt;Capital &lt;!-- COMMAND=ADD_SCROPPEDRULE,80pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 72pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Non-&lt;BR&gt;controlling&lt;BR&gt;Interest &lt;!-- COMMAND=ADD_SCROPPEDRULE,72pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=17&gt;&lt;FONT
      size=1&gt;&lt;B&gt;(in&amp;nbsp;millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Balance at December&amp;nbsp;31, 2008&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2,764&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,085&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;200&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;64&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,335&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;80&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Net income (loss)&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;95&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;96&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Other comprehensive income&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;30&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;30&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Payments to Edison International for stock
      purchases related to stock-based compensation&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Other stock transactions, net&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Cash contributions from noncontrolling
      interests&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Cash distributions to noncontrolling
      interests&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Balance at June&amp;nbsp;30, 2009&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2,890&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,180&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;230&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;64&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,337&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;79&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=left&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 111pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;BR&gt;&lt;FONT
      size=1&gt;&lt;B&gt;Six months ended June&amp;nbsp;30, 2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,111pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;B&gt;&lt;BR&gt;&amp;nbsp;&lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Balance at December&amp;nbsp;31, 2007&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,965&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;596&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(63&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;64&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,326&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;42&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Net income&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;217&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;217&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Other comprehensive loss&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(319&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(319&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Payments to Edison International for stock
      purchases related to stock-based compensation&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(11&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(11&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Other stock transactions, net&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;3&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Sale of membership interest in noncontrolling
      interest&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;28&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;28&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Cash distributions to noncontrolling
      interests&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Balance at June&amp;nbsp;30, 2008&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,882&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;802&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(382&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;64&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,329&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;69&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=14,FOLIO='19',FILE='DISK114:[09ZCF1.09ZCF45001]XC45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_20&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Summarized Financial
Information for EME &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Amounts attributable to
EME common shareholders: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=260&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=34&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Three Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times"
    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Six Months Ended&lt;BR&gt;June&amp;nbsp;30,
      &lt;/B&gt;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle&gt;&lt;FONT
    size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2009 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left&gt;&lt;FONT
size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=11&gt;&lt;FONT size=1&gt;&lt;B&gt;(in
      millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Income from continuing
      operations, net of tax&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;47&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;73&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;100&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;223&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Discontinued operations, net
      of tax&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(7&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(1&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(4&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;(6&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;)&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Net income attributable to EME
      common shareholders&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;40&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;72&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;96&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;217&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:MinorityInterestDisclosureTextBlock>
  <us-gaap:ScheduleOfVariableInterestEntitiesTextBlock contextRef="D2009Q2YTD">&lt;!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"&gt;
&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.6000.16825" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;8. Variable Interest
Entities &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Projects or Entities that are
Consolidated &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME has purchased a
majority interest in a number of wind projects under joint development
agreements with third-party developers. At June&amp;nbsp;30, 2009 and
December&amp;nbsp;31, 2008, EME had majority interests in 15 wind projects with a
total generating capacity of 700 MW that had minority interests held by others.
The projects are located in Iowa, Minnesota, New Mexico, Nebraska and Texas.
Minority interest holders have key rights over matters such as budgets,
incurrence of debt, and sale of the project, and in certain cases, receive a
higher allocation of income and losses after a minimum return is earned by EME.
In determining that EME was the primary beneficiary, a key factor was the
conclusion that the power sales agreements did not constitute a variable
interest since the agreements have a fixed unit price and do not absorb expected
losses. As a result, the determination of EME as the primary beneficiary was
based on the allocation of income and losses with EME expected to earn a
majority of the expected gains or absorb the majority of the expected losses
based on its ownership interest. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The following table
presents summarized financial information of the wind projects that had minority
interests held by others consolidated by EME at June&amp;nbsp;30, 2009 and
December&amp;nbsp;31, 2008: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=10&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=269&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=44&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=15&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=62&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 46pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;June&amp;nbsp;30, 2009
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,46pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" noWrap align=middle colSpan=2&gt;
      &lt;DIV
      style="MARGIN-BOTTOM: 0pt; WIDTH: 64pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;December&amp;nbsp;31, 2008
      &lt;!-- COMMAND=ADD_SCROPPEDRULE,64pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;(in
      millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Current assets&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;35&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;31&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Net property, plant and equipment&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;976&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;957&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Other long-term assets&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;2&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Total assets&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;1,013&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;990&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Current liabilities&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;29&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;29&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Long-term obligations net of current
      maturities&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;22&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;25&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Deferred revenues&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;20&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;15&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Other long-term liabilities&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;20&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;18&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align=right
    colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Total liabilities&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;91&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;87&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;Noncontrolling interest&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;79&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;77&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR style="FONT-SIZE: 1.5pt" vAlign=top&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times"
    align=right colSpan=2&gt;&amp;nbsp;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&amp;nbsp;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Assets serving as
collateral for the debt obligations had a carrying value of $84&amp;nbsp;million at
each June&amp;nbsp;30, 2009 and December&amp;nbsp;31, 2008, and primarily consist of
property, plant and equipment. The consolidated statement of income and cash
flow for the six months ended June&amp;nbsp;30, 2009 includes &lt;!-- SEQ.=15,FOLIO='20',FILE='DISK114:[09ZCF1.09ZCF45001]XE45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_21&gt;&lt;/A&gt;$1&amp;nbsp;million of pre-tax loss and $32&amp;nbsp;million
of operating cash flow related to variable interest entities that are
consolidated. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Projects that are not
Consolidated &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME has a number of
investments in power projects that are accounted for under the equity method.
Under the equity method, the project assets and related liabilities are not
consolidated on EME's consolidated balance sheet. Rather, EME's financial
statements reflect its investment in each entity and it records only its
proportionate ownership share of net income or loss. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Entities formed to own
these projects are generally structured with a management committee in which EME
exercises significant influence but cannot exercise unilateral control over the
operating, funding or construction activities of the project entity. Two of
these projects have secured long-term debt to finance the assets constructed
and/or acquired by them. These financings generally are secured by a pledge of
the assets of the project entity, but do not provide for any recourse to EME.
Accordingly, a default on a long-term financing of a project could result in
foreclosure on the assets of the project entity resulting in a loss of some or
all of EME's project investment, but would generally not require EME to
contribute additional capital. At June&amp;nbsp;30, 2009, entities which EME has
accounted for under the equity method had indebtedness of $247&amp;nbsp;million, of
which $111&amp;nbsp;million is proportionate to EME's ownership interest in these
projects. At December&amp;nbsp;31, 2008, entities which EME has accounted for under
the equity method had indebtedness of $294&amp;nbsp;million, of which
$128&amp;nbsp;million is proportional to EME's ownership interest in these projects.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;As of June&amp;nbsp;30, 2009
and December&amp;nbsp;31, 2008, EME has five significant variable interests in
projects that are not consolidated consisting of the Big 4 projects and the
Sunrise project. These projects are natural gas-fired facilities with a total
generating capacity of 1,782 MW. An operations and maintenance subsidiary of EME
operates the Big 4 projects, but EME does not supply the fuel consumed or
purchase the power generated by these facilities. EME concluded that the power
purchase agreements for these projects represented variable interests in the
related projects and, therefore, it was not the primary beneficiary of these
entities. Accordingly, EME continues to account for its variable interests on
the equity method. EME's maximum exposure to loss in these variable interest
entities is generally limited to its investment in these entities, which totaled
$321&amp;nbsp;million and $326&amp;nbsp;million as of June&amp;nbsp;30, 2009 and
December&amp;nbsp;31, 2008, respectively, and is classified as investments in
unconsolidated affiliates on EME's consolidated balance sheets. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;As of June&amp;nbsp;30, 2009
and December&amp;nbsp;31, 2008, EME has a 50% interest in the March Point project.
EME has guaranteed, jointly and severally with Texaco&amp;nbsp;Inc., the obligations
of March Point Cogeneration Company under its project power sales agreements to
repay capacity payments to the project's power purchaser in the event that the
power sales agreements terminate, March Point Cogeneration Company abandons the
project, or the project fails to return to normal operations within a reasonable
time after a complete or partial shutdown, during the term of the power sales
agreements. The obligations under this indemnification agreement as of
June&amp;nbsp;30, 2009 and December&amp;nbsp;31, 2008, if payment were required, would
be $47&amp;nbsp;million and $56&amp;nbsp;million, respectively. EME has not recorded a
liability related to the indemnity. EME's maximum exposure to loss at
June&amp;nbsp;30, 2009 is $50&amp;nbsp;million. During the first quarter of 2009, EME
commenced recording its share of equity in income from the March Point project.
EME recorded $1&amp;nbsp;million and $3&amp;nbsp;million during the second quarter and
six months ended June&amp;nbsp;30, 2009, respectively. To the extent that cash is
received from the project in excess of EME's investment, such amount will be
recorded as equity in income. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=16,FOLIO='21',FILE='DISK114:[09ZCF1.09ZCF45001]XE45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:ScheduleOfVariableInterestEntitiesTextBlock>
  <us-gaap:IncomeTaxDisclosureTextBlock contextRef="D2009Q2YTD">&lt;!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"&gt;
&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.6000.16825" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;10. Income Taxes
&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME's income tax
provision from continuing operations was $17&amp;nbsp;million and $116&amp;nbsp;million
for the six months ended June&amp;nbsp;30, 2009 and 2008, respectively. Income tax
benefits are recognized pursuant to a tax-allocation agreement with Edison
International. During the six months ended June&amp;nbsp;30, 2009 and 2008, EME
recognized $30&amp;nbsp;million and $20&amp;nbsp;million, respectively, of production
tax credits related to wind projects. In addition, EME recognized additional
income tax benefits of $1&amp;nbsp;million and $3&amp;nbsp;million during the six months
ended June&amp;nbsp;30, 2009 and 2008, respectively, related to estimated additional
taxes or benefits allocated from Edison International. Effective January&amp;nbsp;1,
2009, the state of Massachusetts changed its tax regulations from a separate
return, where each entity files separately, to a combined return for Edison
International and its subsidiaries. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME's investments in
wind-powered electric generation qualify for federal production tax credits
under Section&amp;nbsp;45 of the Internal Revenue Code. The American Recovery and
Reinvestment Act of &lt;!-- SEQ.=17,FOLIO='22',FILE='DISK114:[09ZCF1.09ZCF45001]XE45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_23&gt;&lt;/A&gt;2009 provides for an option to claim investment tax
credits (30% of eligible property placed in service during 2009 through 2011) or
obtain cash grants for specified renewable energy projects in lieu of tax
credits (also 30% of eligible property placed in service during 2009 through
2011). These options would be in lieu of the production tax credits for wind
projects which may otherwise be claimed at an annually indexed rate per
megawatt-hour (currently 2.1 cents per kilowatt hour) on actual production
during the first 10&amp;nbsp;years of operation. The election to claim production
tax credits or investment tax credits is made at the time a tax return is filed
for the first year in which the property is placed in service. Payment in lieu
of tax credits (sometimes referred to as cash grants) would be obtained separate
from the tax return under rules and regulations published by the U. S. Treasury
Department. EME has placed the Elkhorn Ridge, Phase&amp;nbsp;II of the Goat Wind and
High Lonesome wind projects in service during 2009. EME and its partner in the
Elkhorn Ridge project have agreed to continue to claim production tax credits.
EME is currently planning to claim investment tax credits for Phase&amp;nbsp;II of
the Goat Wind and High Lonesome wind projects. However, this plan is subject to
change based on review of the rules and regulations regarding the payments in
lieu of tax credits recently issued by the U. S. Treasury Department and tax
planning activities during the second part of 2009. EME accounts for investment
tax credits on the deferred method and, accordingly, will recognize tax benefits
related to such credits over the estimated useful life of the projects.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In May 2009, Edison
International and the Internal Revenue Service completed a settlement of federal
tax disputes and affirmative claims for open tax years 1986 through 2002. The
settlement includes resolution of issues pertaining to EME which were largely
timing in nature. During the second quarter of 2009, EME recorded an income tax
benefit of $6&amp;nbsp;million due to the settlement and related estimated impact of
interest and state income taxes. The amount recorded is subject to change based
on the final determination of interest and state taxes and items affected under
the tax-allocation agreement. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Income Tax Uncertainties
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;At June&amp;nbsp;30, 2009,
EME had unrecognized tax benefits of $111&amp;nbsp;million, all of which, if
recognized, would impact the effective tax rate. During the six months ended
June&amp;nbsp;30, 2009, unrecognized tax benefits were reduced by $33&amp;nbsp;million
primarily due to the settlement of tax items with the Internal Revenue Service.
The total amount of accrued interest and penalties was $10&amp;nbsp;million as of
June&amp;nbsp;30, 2009. EME believes that it is reasonably possible that
unrecognized tax benefits could be reduced by an amount up to $24&amp;nbsp;million
within the next 12&amp;nbsp;months. &lt;/FONT&gt;&lt;/P&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:IncomeTaxDisclosureTextBlock>
  <us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="D2009Q2YTD">&lt;!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"&gt;
&lt;HTML&gt;&lt;HEAD&gt;
&lt;META http-equiv=Content-Type content="text/html; charset=utf-8"&gt;
&lt;META content="MSHTML 6.00.2900.3492" name=GENERATOR&gt;&lt;/HEAD&gt;
&lt;BODY&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;11. Commitments and
Contingencies &lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Contractual Obligations
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Long-term Debt &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME's long-term debt
maturities as of June&amp;nbsp;30, 2009 for the remainder of 2009 and the following
four years were: &lt;/FONT&gt;&lt;/P&gt;&lt;!-- User-specified TAGGED TABLE --&gt;
&lt;DIV align=center&gt;
&lt;TABLE cellSpacing=0 cellPadding=0 border=0&gt;
  &lt;TBODY&gt;
  &lt;TR&gt;&lt;!-- TABLE COLUMN WIDTHS SET --&gt;
    &lt;TD style="FONT-FAMILY: times" align=left width=321&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=12&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right width=5&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" width=40&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"
  width=3&gt;&lt;/TD&gt;&lt;!-- TABLE COLUMN WIDTHS END --&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle&gt;&lt;FONT
    size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=2&gt;&lt;FONT size=1&gt;&lt;B&gt;(in
      millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;July through December 2009&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;16&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;2010&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;37&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;2011&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;36&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;2012&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;865&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;
      &lt;P style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"&gt;&lt;FONT
      size=2&gt;&lt;/FONT&gt;&lt;FONT size=2&gt;2013&lt;/FONT&gt;&lt;/P&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;545&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;!-- SEQ.=18,FOLIO='23',FILE='DISK114:[09ZCF1.09ZCF45001]XE45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_24&gt;&lt;/A&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;These amounts have been
updated to reflect EME's financing activities completed during the second
quarter of 2009. In June 2009, EME completed through its subsidiary, Viento
Funding II,&amp;nbsp;Inc., a non-recourse portfolio financing of its interests in
the Wildorado, San Juan Mesa and Elkhorn Ridge wind projects. The portfolio
financing included a $189&amp;nbsp;million seven-year term loan and a
$13&amp;nbsp;million letter of credit facility which replaced project letters of
credit previously issued under the EME corporate credit facility. Interest under
the term loan accrues at LIBOR plus 3.875% initially, with the rate increasing
0.25% on the third and sixth anniversaries of the closing date. Viento
Funding&amp;nbsp;II has entered into interest rate swap agreements to hedge the
majority of the variable interest rate under the term loan. For further details
regarding the interest rate swap agreements, see Note&amp;nbsp;3&amp;#151;Derivative
Instruments. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Commitments &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Capital Improvements
&lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;At June&amp;nbsp;30, 2009,
EME's subsidiaries had firm commitments to spend approximately $110&amp;nbsp;million
during the remainder of 2009 and $14&amp;nbsp;million in 2010 on capital and
construction expenditures. The majority of these expenditures relate to the
construction of wind projects and non-environmental improvements at both the
Illinois Plants and the Homer City facilities. These expenditures are planned to
be financed by cash on hand and cash generated from operations. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Turbine Commitments
&lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME had entered into
various turbine supply agreements with vendors to support its wind development
efforts. At June&amp;nbsp;30, 2009, EME had secured the rights to 484 wind turbines
(942 MW) for use in future projects for an aggregate purchase price of
$1.2&amp;nbsp;billion, with remaining commitments of $596&amp;nbsp;million in 2009 and
$242&amp;nbsp;million in 2010. At June&amp;nbsp;30, 2009, EME had recorded wind turbine
deposits of $410&amp;nbsp;million, included in other long-term assets on its
consolidated balance sheet. EME has executed non-binding letter agreements with
two of its vendors to provide vendor financing. EME and such vendors are in the
process of negotiating definitive agreements based on the non-binding letter
agreements, but there is no assurance that final binding agreements will be
executed or executed on terms that conform to the letter agreements. If
definitive agreements are executed substantially in accordance with the terms of
the letter agreements, turbine commitments would be reduced to approximately
$191&amp;nbsp;million in 2009, $229&amp;nbsp;million in 2010, and $210&amp;nbsp;million in
2011, and the remaining $206&amp;nbsp;million due based on specified conditions
(expected during the time period of 2011 and 2014). These commitments would be
further reduced during this period if a third turbine supplier agrees to provide
vendor financing. Furthermore, EME can elect under the existing turbine supply
agreement with this supplier to terminate the agreement for convenience which
would further reduce turbine commitments to $9&amp;nbsp;million in 2009 and
$49&amp;nbsp;million in 2010 (in such case, EME would write off approximately
$90&amp;nbsp;million in previously made non-refundable deposits). &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Fuel Supply Contracts
&lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;At June&amp;nbsp;30, 2009,
Midwest Generation and EME Homer City had fuel purchase commitments with various
third-party suppliers for the purchase of coal. Based on the contract
provisions, which consist of fixed prices subject to adjustment clauses, these
minimum commitments are currently estimated to aggregate $417&amp;nbsp;million,
summarized as follows: remainder of 2009&amp;#151;$230&amp;nbsp;million,
2010&amp;#151;$177&amp;nbsp;million, and 2011&amp;#151;$10&amp;nbsp;million. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In July 2009, Midwest
Generation entered into additional contractual agreements for the purchase of
coal. These commitments, together with the estimated transportation costs under
the existing &lt;!-- SEQ.=19,FOLIO='24',FILE='DISK114:[09ZCF1.09ZCF45001]XE45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_25&gt;&lt;/A&gt;agreements through 2011, are currently estimated to
be $136&amp;nbsp;million for 2010, $264&amp;nbsp;million for 2011 and $134&amp;nbsp;million
for 2012. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Standby Letters of Credit
&lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;At June&amp;nbsp;30, 2009,
standby letters of credit under EME and its subsidiaries' credit facilities
aggregated $143&amp;nbsp;million and were scheduled to expire as follows:
$60&amp;nbsp;million in 2009 and $83&amp;nbsp;million in 2010. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Guarantees and Indemnities
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME and certain of its
subsidiaries have various financial and performance guarantees and
indemnifications which are issued in the normal course of business. As discussed
below, these contracts include performance guarantees, guarantees of debt and
indemnifications. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Tax Indemnity Agreements
&lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In connection with the
sale-leaseback transactions related to the Homer City facilities in
Pennsylvania, the Powerton and Joliet Stations in Illinois and, previously, the
Collins Station in Illinois, EME and several of its subsidiaries entered into
tax indemnity agreements. Although the Collins Station lease terminated in April
2004, Midwest Generation's tax indemnity agreement with the former lease equity
investor is still in effect. Under these tax indemnity agreements, these
entities agreed to indemnify the lessors in the sale-leaseback transactions for
specified adverse tax consequences that could result in certain situations set
forth in each tax indemnity agreement, including specified defaults under the
respective leases. The potential indemnity obligations under these tax indemnity
agreements could be significant. Due to the nature of these potential
obligations, EME cannot determine a maximum potential liability which would be
triggered by a valid claim from the lessors. EME has not recorded a liability
related to these indemnities. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Indemnities Provided as Part of
the Acquisition of the Illinois Plants &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In connection with the
acquisition of the Illinois Plants, EME agreed to indemnify Commonwealth Edison
with respect to specified environmental liabilities before and after
December&amp;nbsp;15, 1999, the date of sale. The indemnification claims are reduced
by any insurance proceeds and tax benefits related to such claims and are
subject to a requirement that Commonwealth Edison takes all reasonable steps to
mitigate losses related to any such indemnification claim. Due to the nature of
the obligation under this indemnity, a maximum potential liability cannot be
determined. This indemnification for environmental liabilities is not limited in
term and would be triggered by a valid claim from Commonwealth Edison.
Commonwealth Edison has advised EME that Commonwealth Edison believes it is
entitled to indemnification for all liabilities, costs, and expenses that it may
be required to bear as a result of the NOV discussed below under
"&amp;#151;Contingencies&amp;#151;Midwest Generation New Source Review Notice of Violation" and
potential litigation by private groups related to the NOV. Except as discussed
below, EME has not recorded a liability related to the environmental indemnity
specified in the acquisition agreement. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Midwest Generation
entered into a supplemental agreement with Commonwealth Edison and Exelon
Generation Company,&amp;nbsp;LLC on February&amp;nbsp;20, 2003 to resolve a dispute
regarding interpretation of its reimbursement obligation for asbestos claims
under the environmental indemnities set forth in the Asset Sale Agreement. Under
this supplemental agreement, Midwest Generation agreed to reimburse Commonwealth
Edison and Exelon Generation for 50% of specific asbestos claims pending as of
February 2003 and related expenses less recovery of insurance costs, and agreed
to a sharing &lt;!-- SEQ.=20,FOLIO='25',FILE='DISK114:[09ZCF1.09ZCF45001]XE45001B.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_26&gt;&lt;/A&gt;arrangement for liabilities and expenses associated
with future asbestos-related claims as specified in the agreement. As a general
matter, Commonwealth Edison and Midwest Generation apportion responsibility for
future asbestos-related claims based upon the number of exposure sites that are
Commonwealth Edison locations or Midwest Generation locations. The obligations
under this agreement are not subject to a maximum liability. The supplemental
agreement had an initial five-year term with an automatic renewal provision for
subsequent one-year terms (subject to the right of either party to terminate);
pursuant to the automatic renewal provision, it has been extended until February
2010. There were approximately 214 cases for which Midwest Generation was
potentially liable and that had not been settled and dismissed at June&amp;nbsp;30,
2009. Midwest Generation had recorded a $51&amp;nbsp;million liability at
June&amp;nbsp;30, 2009 related to this matter.&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The amounts
recorded by Midwest Generation for the asbestos-related liability are based upon
a number of assumptions. Future events, such as the number of new claims to be
filed each year, the average cost of disposing of claims, as well as the
numerous uncertainties surrounding asbestos litigation in the United States,
could cause the actual costs to be higher or lower than projected. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Indemnity Provided as Part of the
Acquisition of the Homer City Facilities &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In connection with the
acquisition of the Homer City facilities, EME Homer City agreed to indemnify the
sellers with respect to specific environmental liabilities before and after the
date of sale. Payments would be triggered under this indemnity by a valid claim
from the sellers. EME guaranteed the obligations of EME Homer City. Due to the
nature of the obligation under this indemnity provision, it is not subject to a
maximum potential liability and does not have an expiration date. For discussion
of the NOV received by EME Homer City and associated indemnity claims, see
"&amp;#151;Contingencies&amp;#151;EME Homer City New Source Review Notice of Violation." EME has
not recorded a liability related to this indemnity. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Indemnities Provided under Asset
Sale Agreements &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The asset sale agreements
for the sale of EME's international assets contain indemnities from EME to the
purchasers, including indemnification for taxes imposed with respect to
operations of the assets prior to the sale and for pre-closing environmental
liabilities. Not all indemnities under the asset sale agreements have specific
expiration dates. Payments would be triggered under these indemnities by valid
claims from the sellers or purchasers, as the case may be. At June&amp;nbsp;30,
2009, EME had recorded a liability of $97&amp;nbsp;million (of which
$52&amp;nbsp;million is classified as a current liability) related to these matters.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;In connection with the
sale of various domestic assets, EME has from time to time provided indemnities
to the purchasers for taxes imposed with respect to operations of the asset
prior to the sale. EME has also provided indemnities to purchasers for items
specified in each agreement (for example, specific pre-existing litigation
matters and/or environmental conditions). Due to the nature of the obligations
under these indemnity agreements, a maximum potential liability cannot be
determined. Not all indemnities under the asset sale agreements have specific
expiration dates. Payments would be triggered under these indemnities by valid
claims from the sellers or purchasers, as the case may be. At June&amp;nbsp;30,
2009, EME had recorded a liability of $3&amp;nbsp;million related to these matters.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Contingencies
&lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;RPM Buyers' Complaint
&lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;On May&amp;nbsp;30, 2008, a
group of entities referring to themselves as the "RPM Buyers" filed a complaint
at the FERC asking that PJM's RPM, as implemented through the transitional base
residual &lt;!-- SEQ.=21,FOLIO='26',FILE='DISK114:[09ZCF1.09ZCF45001]XG45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_27&gt;&lt;/A&gt;auctions establishing capacity payments for the
period from June&amp;nbsp;1, 2008 through May&amp;nbsp;31, 2011, be found to have
produced unjust and unreasonable capacity prices. On September&amp;nbsp;19, 2008,
the FERC dismissed the RPM Buyers' complaint, finding that the RPM Buyers had
failed to allege or prove that any party violated PJM's tariff and market rules,
and that the prices determined during the transition period were determined in
accordance with PJM's FERC-approved tariff. On October&amp;nbsp;20, 2008, the RPM
Buyers requested rehearing of the FERC's order dismissing their complaint. On
June&amp;nbsp;18, 2009, the FERC denied rehearing of the order. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;Midwest Generation New Source
Review Notice of Violation &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;On August&amp;nbsp;3, 2007,
Midwest Generation received an NOV from the US EPA alleging that, beginning in
the early 1990s and into 2003, Midwest Generation or Commonwealth Edison
performed repair or replacement projects at six Illinois coal-fired electric
generating stations in violation of the Prevention of Significant Deterioration
requirements and of the New Source Performance Standards of the CAA, including
alleged requirements to obtain a construction permit and to install best
available control technology at the time of the projects. The US EPA also
alleges that Midwest Generation and Commonwealth Edison violated certain
operating permit requirements under Title V of the CAA. Finally, the US EPA
alleges violations of certain opacity and particulate matter standards at the
Illinois Plants. The NOV does not specify the penalties or other relief that the
US EPA seeks for the alleged violations. Midwest Generation, Commonwealth
Edison, the US EPA, and the DOJ are in talks designed to explore the possibility
of a settlement. If the settlement talks fail and the DOJ files suit, litigation
could take many years to resolve the issues alleged in the NOV. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;On August&amp;nbsp;13, 2007,
Midwest Generation and Commonwealth Edison received a letter signed by several
Chicago-based environmental action groups stating that, in light of the NOV, the
groups are examining the possibility of filing a citizen suit against Midwest
Generation and Commonwealth Edison based presumably on the same or similar
theories advanced by the US EPA in the NOV. On July&amp;nbsp;28, 2009, Midwest
Generation received a sixty-day Notice of Intent to Sue signed by the same
groups, stating their intent to file&amp;nbsp;a citizen suit alleging exceedances of
CAA opacity limits and violations of permit requirements related to monitoring
and reporting. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;By letter dated
August&amp;nbsp;8, 2007, Commonwealth Edison advised EME that Commonwealth Edison
believes it is entitled to indemnification for all liabilities, costs, and
expenses that it may be required to bear as a result of the NOV. By letter dated
August&amp;nbsp;16, 2007, Commonwealth Edison tendered a request for indemnification
to EME for all liabilities, costs, and expenses that Commonwealth Edison may be
required to bear if the environmental groups were to file suit. Midwest
Generation and Commonwealth Edison are cooperating with one another in
responding to the NOV. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Midwest Generation cannot
predict the outcome of these matters or estimate the impact on its facilities,
its results of operations, financial position or cash flows. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;I&gt;EME Homer City New Source Review
Notice of Violation &lt;/I&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;On June&amp;nbsp;12, 2008,
EME Homer City received an NOV from the US EPA alleging that, beginning in 1988,
EME Homer City (or former owners of the Homer City facilities) performed repair
or replacement projects at Homer City Units 1 and 2 without first obtaining
construction permits as required by the Prevention of Significant Deterioration
requirements of the CAA. The US EPA also alleges that EME Homer City has failed
to file timely and complete Title V permits. The NOV does not specify the
penalties or other relief that the US EPA seeks for the alleged violations. On
June&amp;nbsp;30, 2009, the US EPA issued a request for information to EME Homer
City under Section&amp;nbsp;114 of the CAA. EME Homer City is working on a response
to the request. EME Homer City has met with the &lt;!-- SEQ.=22,FOLIO='27',FILE='DISK114:[09ZCF1.09ZCF45001]XG45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_28&gt;&lt;/A&gt;US EPA and has expressed its intent to explore the
possibility of a settlement. If no settlement is reached and the DOJ files suit,
litigation could take many years to resolve the issues alleged in the NOV. EME
Homer City cannot predict the outcome of this matter or estimate the impact on
its facilities, its results of operations, financial position or cash flows.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME Homer City has sought
indemnification for liability and defense costs associated with the NOV from the
sellers under the asset purchase agreement pursuant to which EME Homer City
acquired the Homer City facilities. The sellers responded by denying the
indemnity obligation, but accepting a portion of defense costs related to the
claims. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;EME Homer City notified
the sale-leaseback owner participants of the Homer City facilities of the NOV
under the operative indemnity provisions of the sale-leaseback documents. The
owner participants of the Homer City facilities, in turn, have sought
indemnification and defense from EME Homer City for costs and liability
associated with the EME Homer City NOV. EME Homer City responded by undertaking
the indemnity obligation and defense of the claims. &lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;&lt;I&gt;Environmental Matters and
Regulations &lt;/I&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;The construction and
operation of power plants are subject to environmental regulation by federal,
state and local authorities. EME believes that it is in substantial compliance
with existing environmental regulatory requirements. However, possible future
developments, such as the promulgation of more stringent environmental laws and
regulations, future proceedings that may be initiated by environmental and other
regulatory authorities, cases in which new theories of liability are recognized,
and settlements agreed to by other companies that establish precedent or
expectations for the power industry, could affect the costs and the manner in
which EME and its subsidiaries conduct their businesses and could require
substantial additional capital or operational expenditures or the ceasing of
operations at certain of their facilities. There is no assurance that EME's
financial position and results of operations would not be materially adversely
affected. EME is unable to predict the precise extent to which additional laws
and regulations may affect its future operations and capital expenditure
requirements. For a more complete discussion of EME's environmental
contingencies, refer to "Note&amp;nbsp;12&amp;#151;Commitments and
Contingencies&amp;#151;Environmental Matters and Regulations" on page&amp;nbsp;156 of EME's
annual report on Form&amp;nbsp;10-K for the year ended December&amp;nbsp;31, 2008.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Typically, environmental
laws and regulations require a lengthy and complex process for obtaining
licenses, permits and approvals prior to construction, operation or modification
of a project or generating facility. Meeting all the necessary requirements can
delay or sometimes prevent the completion of a proposed project, as well as
require extensive modifications to existing projects, which may involve
significant capital or operational expenditures. If EME fails to comply with
applicable environmental laws, it may be subject to injunctive relief or
penalties and fines imposed by federal and state regulatory authorities.
&lt;/FONT&gt;&lt;/P&gt;
&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;With respect to EME's
potential liabilities arising under the Comprehensive Environmental Response,
Compensation and Liability Act of 1980, commonly referred to as CERCLA, or
similar laws for the investigation and remediation of contaminated property, EME
accrues a liability to the extent the costs are probable and can be reasonably
estimated. Midwest Generation has accrued approximately $5&amp;nbsp;million at
June&amp;nbsp;30, 2009 for estimated environmental investigation and remediation
costs for the Illinois Plants. This estimate is based upon the number of sites,
the scope of work and the estimated costs for investigation and/or remediation
where such expenditures could be reasonably estimated. Future estimated costs
may vary based on changes in regulations or requirements of federal, state, or
local governmental agencies, changes in technology, and actual costs of
disposal. In addition, future remediation costs will be affected by the nature
and extent of contamination discovered at the &lt;!-- SEQ.=23,FOLIO='28',FILE='DISK114:[09ZCF1.09ZCF45001]XG45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;A
name=page_xxx45001_1_29&gt;&lt;/A&gt;sites that requires remediation. Given the prior
history of the operations at its facilities, EME cannot be certain that the
existence or extent of all contamination at its sites has been fully identified.
However, based on available information, management believes that future costs
in excess of the amounts disclosed on all known and quantifiable environmental
contingencies will not be material to EME's financial position.
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&lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&lt;B&gt;Note&amp;nbsp;12. Supplemental Cash
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    align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;Six Months Ended&lt;BR&gt;June&amp;nbsp;30,
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      style="MARGIN-BOTTOM: 0pt; WIDTH: 17pt; BORDER-BOTTOM: #000000 1pt solid"&gt;&lt;FONT
      size=1&gt;&lt;B&gt;2008 &lt;!-- COMMAND=ADD_SCROPPEDRULE,17pt --&gt;&lt;/B&gt;&lt;/FONT&gt;&lt;/DIV&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=bottom&gt;
    &lt;TH style="FONT-FAMILY: times" align=left colSpan=2&gt;&lt;FONT
      size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times" align=middle colSpan=5&gt;&lt;FONT size=1&gt;&lt;B&gt;(in
      millions)&lt;/B&gt;&lt;/FONT&gt;&lt;BR&gt;&lt;/TH&gt;
    &lt;TH style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TH&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times" colSpan=2&gt;&lt;FONT size=2&gt;Cash paid&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Interest (net of amount
      capitalized)&lt;SUP&gt;(1)&lt;/SUP&gt;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;139&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;$&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;124&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=#cceeff&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Income taxes&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;12&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;142&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;
  &lt;TR vAlign=top bgColor=white&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=0&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;Cash payments under plant
      operating leases&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;200&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times" align=right&gt;&lt;FONT size=2&gt;201&lt;/FONT&gt;&lt;/TD&gt;
    &lt;TD style="FONT-FAMILY: times"&gt;&lt;FONT
size=2&gt;&amp;nbsp;&lt;/FONT&gt;&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/DIV&gt;&lt;!-- end of user-specified TAGGED TABLE --&gt;&lt;!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" --&gt;
&lt;HR align=left width="26%" color=#000000 noShade SIZE=1&gt;

&lt;DL compact&gt;
  &lt;DT style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;(1)&lt;/FONT&gt;
  &lt;DD style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;Interest capitalized for the six
  months ended June&amp;nbsp;30, 2009 and 2008 was $10&amp;nbsp;million and
  $18&amp;nbsp;million, respectively. &lt;/FONT&gt;
  &lt;P style="FONT-FAMILY: times"&gt;&lt;FONT size=1&gt;&lt;!-- SEQ.=24,FOLIO='29',FILE='DISK114:[09ZCF1.09ZCF45001]XG45001A.;2',USER='CMATTI',CD=';5-AUG-2009;18:40' --&gt;&lt;/FONT&gt;&lt;/P&gt;&lt;/DD&gt;&lt;/DL&gt;&lt;/BODY&gt;&lt;/HTML&gt;
</us-gaap:CashFlowSupplementalDisclosuresTextBlock>
  <us-gaap:OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax contextRef="D2009Q2" decimals="-6" unitRef="USD">1000000</us-gaap:OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax>
  <us-gaap:OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax contextRef="D2009Q2YTD" decimals="-6" unitRef="USD">1000000</us-gaap:OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax>
</xbrli:xbrl>