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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (PEO) and Non-PEO NEOs and Company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.
Summary
Compensation
Table
Total for
First
PEO(1)
($)
Summary
Compensation
Table
Total for
Second
PEO(1)
($)
Compensation
Actually
Paid to
First
PEO(1), (2), (3)
($)
Compensation
Actually
Paid to
Second
PEO(1) (2) (3)
($)
Average
Summary
Compensation
Table
Total
for Non-
PEO
NEOs(1)
($)
Average
Compensation
Actually
Paid to
Non-
PEO
NEOs(1) (2) (3)
($)
Value of
Initial
Fixed $100
Investment
based on:(4)
Net
Income
($ millions)
Adjusted
EBITDA
Achievement
($ millions)(5)
Year
TSR
($)
Peer
Group
TSR
($)
2023
13,128,160
11,934,989
(5,193,935)
12,654,011
4,570,504
7,585,995
150.26
111.05
(202)
3,289
2022
10,151,847
(938,751)
2,484,712
812,036
88.79
122.25
1,221
1,910
2021
10,854,224
10,696,698
2,042,570
1,466,079
116.01
121.46
2,187
2,168
2020
9,879,276
8,778,527
2,159,739
1,950,890
97.86
102.72
510
2,057
(1)
Mauricio Gutierrez was our PEO from 2020 to November 2023 (First PEO). Lawrence Coben was our PEO since November 2023 (Second PEO). The total compensation of the Second PEO differs from that set forth in the Summary Compensation Table as it does not include compensation received for his services as a director and Chair of the Board.
The individuals comprising the Non-PEO NEOs for each year presented are listed below.
2020
2021
2022
2023
Kirkland Andrews
Alberto Fornaro
Alberto Fornaro
Bruce Chung
Elizabeth Killinger
Elizabeth Killinger
Brian Curci
Alberto Fornaro
Christopher Moser
Christopher Moser
Elizabeth Killinger
Elizabeth Killinger
Robert Gaudette
Robert Gaudette
Christopher Moser
Robert Gaudette
Gaetan Frotte
Rasesh Patel
Kirkland Andrews
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.
Year
Summary
Compensation
Table Total for
First PEO
($)
Exclusion of
Stock Awards for
First PEO
($)
Inclusion of
Equity Values for
First PEO
($)
Compensation
Actually Paid to
First PEO
($)
2023
13,128,160
(11,498,588)
(6,823,507)
(5,193,935)
Year
Summary
Compensation
Table Total for
Second PEO
($)
Exclusion of
Stock Awards for
Second PEO
($)
Inclusion of
Equity Values for
Second PEO
($)
Compensation
Actually Paid to
Second PEO
($)
2023
11,934,989
(11,924,989)
12,644,011
12,654,011
Year
Average
Summary
Compensation
Table
Total for
Non-PEO NEOs
($)
Average
Exclusion of
Stock Awards
for
Non-PEO NEOs
($)
Average
Inclusion of
Equity Values
for
Non-PEO NEOs
($)
Average
Compensation
Actually Paid to
Non-PEO NEOs
($)
2023
4,570,504
(2,434,854)
5,450,345
7,585,995
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Year-End
Fair Value
of Equity
Awards
Granted
During Year
That
Remained
Unvested
as of
Last Day of
Year for
First PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Last
Day of
Year of
Unvested
Equity
Awards for
First PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year for
First PEO
($)
Fair Value
at Last Day
of Prior
Year of
Equity Awards
Forfeited
During
Year for
First PEO
($)
Total — 
Inclusion of
Equity
Values for
First PEO
($)
2023
0
0
19,829
(6,843,335)
(6,823,507)
Year
Year-End
Fair Value
of Equity
Awards
Granted
During Year
That
Remained
Unvested
as of
Last Day of
Year for
Second PEO
($)
Change in
Fair
Value
from Last
Day of
Prior Year
to Last
Day of
Year of
Unvested
Equity
Awards
for
Second PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year for
Second PEO
($)
Fair Value
at Last Day
of Prior
Year of
Equity Awards
Forfeited
During
Year for
Second PEO
($)
Total — 
Inclusion of
Equity
Values for
Second PEO
($)
2023
12,644,011
0
0
0
12,644,011
Year
Average
Year-End
Fair Value
of Equity
Awards
Granted
During
Year That
Remained
Unvested as of
Last Day
of Year
for Non-PEO
NEOs
($)
Average
Change in
Fair Value
from
Last Day
of Prior
Year to
Last Day
of Year
of Unvested
Equity
Awards for
Non-PEO
NEOs
($)
Average
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year
for Non-PEO
NEOs
($)
Average
Fair Value
at Last Day
of Prior Year of
Equity Awards
Forfeited
During
Year for
Non-PEO
NEOs
($)
Total — 
Average Inclusion of
Equity Values
for Non-PEO
NEOs
($)
2023
4,041,559
1,500,259
50,134
10,335
5,450,345
(4)
The Peer Group TSR set forth in this table utilizes the Philadelphia Utility Sector Index (“UTY”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2023. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the UTY, respectively. Historical stock performance is not necessarily indicative of future stock performance.
(5)
We determined Adjusted EBITDA Achievement to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2023. Adjusted EBITDA Achievement is a non-GAAP measure that refers to EBITDA plus Adjustments and is defined in the “AIP Award Performance Criteria” section of the CD&A for each of the listed years. Adjusted EBITDA Achievement may not have been the most important financial performance measure for years 2022, 2021 and 2020 and we may determine a different financial performance measure to be the most important financial performance measure in future years.
     
Company Selected Measure Name Adjusted EBITDA      
Named Executive Officers, Footnote
The individuals comprising the Non-PEO NEOs for each year presented are listed below.
2020
2021
2022
2023
Kirkland Andrews
Alberto Fornaro
Alberto Fornaro
Bruce Chung
Elizabeth Killinger
Elizabeth Killinger
Brian Curci
Alberto Fornaro
Christopher Moser
Christopher Moser
Elizabeth Killinger
Elizabeth Killinger
Robert Gaudette
Robert Gaudette
Christopher Moser
Robert Gaudette
Gaetan Frotte
Rasesh Patel
Kirkland Andrews
     
Peer Group Issuers, Footnote (4) ​​ The Peer Group TSR set forth in this table utilizes the Philadelphia Utility Sector Index (“UTY”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2023. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the UTY, respectively. Historical stock performance is not necessarily indicative of future stock performance.      
Adjustment To PEO Compensation, Footnote
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.
Year
Summary
Compensation
Table Total for
First PEO
($)
Exclusion of
Stock Awards for
First PEO
($)
Inclusion of
Equity Values for
First PEO
($)
Compensation
Actually Paid to
First PEO
($)
2023
13,128,160
(11,498,588)
(6,823,507)
(5,193,935)
Year
Summary
Compensation
Table Total for
Second PEO
($)
Exclusion of
Stock Awards for
Second PEO
($)
Inclusion of
Equity Values for
Second PEO
($)
Compensation
Actually Paid to
Second PEO
($)
2023
11,934,989
(11,924,989)
12,644,011
12,654,011
Year
Average
Summary
Compensation
Table
Total for
Non-PEO NEOs
($)
Average
Exclusion of
Stock Awards
for
Non-PEO NEOs
($)
Average
Inclusion of
Equity Values
for
Non-PEO NEOs
($)
Average
Compensation
Actually Paid to
Non-PEO NEOs
($)
2023
4,570,504
(2,434,854)
5,450,345
7,585,995
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Year-End
Fair Value
of Equity
Awards
Granted
During Year
That
Remained
Unvested
as of
Last Day of
Year for
First PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Last
Day of
Year of
Unvested
Equity
Awards for
First PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year for
First PEO
($)
Fair Value
at Last Day
of Prior
Year of
Equity Awards
Forfeited
During
Year for
First PEO
($)
Total — 
Inclusion of
Equity
Values for
First PEO
($)
2023
0
0
19,829
(6,843,335)
(6,823,507)
Year
Year-End
Fair Value
of Equity
Awards
Granted
During Year
That
Remained
Unvested
as of
Last Day of
Year for
Second PEO
($)
Change in
Fair
Value
from Last
Day of
Prior Year
to Last
Day of
Year of
Unvested
Equity
Awards
for
Second PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year for
Second PEO
($)
Fair Value
at Last Day
of Prior
Year of
Equity Awards
Forfeited
During
Year for
Second PEO
($)
Total — 
Inclusion of
Equity
Values for
Second PEO
($)
2023
12,644,011
0
0
0
12,644,011
Year
Average
Year-End
Fair Value
of Equity
Awards
Granted
During
Year That
Remained
Unvested as of
Last Day
of Year
for Non-PEO
NEOs
($)
Average
Change in
Fair Value
from
Last Day
of Prior
Year to
Last Day
of Year
of Unvested
Equity
Awards for
Non-PEO
NEOs
($)
Average
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year
for Non-PEO
NEOs
($)
Average
Fair Value
at Last Day
of Prior Year of
Equity Awards
Forfeited
During
Year for
Non-PEO
NEOs
($)
Total — 
Average Inclusion of
Equity Values
for Non-PEO
NEOs
($)
2023
4,041,559
1,500,259
50,134
10,335
5,450,345
     
Non-PEO NEO Average Total Compensation Amount $ 4,570,504 $ 2,484,712 $ 2,042,570 $ 2,159,739
Non-PEO NEO Average Compensation Actually Paid Amount $ 7,585,995 812,036 1,466,079 1,950,890
Adjustment to Non-PEO NEO Compensation Footnote
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.
Year
Summary
Compensation
Table Total for
First PEO
($)
Exclusion of
Stock Awards for
First PEO
($)
Inclusion of
Equity Values for
First PEO
($)
Compensation
Actually Paid to
First PEO
($)
2023
13,128,160
(11,498,588)
(6,823,507)
(5,193,935)
Year
Summary
Compensation
Table Total for
Second PEO
($)
Exclusion of
Stock Awards for
Second PEO
($)
Inclusion of
Equity Values for
Second PEO
($)
Compensation
Actually Paid to
Second PEO
($)
2023
11,934,989
(11,924,989)
12,644,011
12,654,011
Year
Average
Summary
Compensation
Table
Total for
Non-PEO NEOs
($)
Average
Exclusion of
Stock Awards
for
Non-PEO NEOs
($)
Average
Inclusion of
Equity Values
for
Non-PEO NEOs
($)
Average
Compensation
Actually Paid to
Non-PEO NEOs
($)
2023
4,570,504
(2,434,854)
5,450,345
7,585,995
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Year-End
Fair Value
of Equity
Awards
Granted
During Year
That
Remained
Unvested
as of
Last Day of
Year for
First PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Last
Day of
Year of
Unvested
Equity
Awards for
First PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year for
First PEO
($)
Fair Value
at Last Day
of Prior
Year of
Equity Awards
Forfeited
During
Year for
First PEO
($)
Total — 
Inclusion of
Equity
Values for
First PEO
($)
2023
0
0
19,829
(6,843,335)
(6,823,507)
Year
Year-End
Fair Value
of Equity
Awards
Granted
During Year
That
Remained
Unvested
as of
Last Day of
Year for
Second PEO
($)
Change in
Fair
Value
from Last
Day of
Prior Year
to Last
Day of
Year of
Unvested
Equity
Awards
for
Second PEO
($)
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year for
Second PEO
($)
Fair Value
at Last Day
of Prior
Year of
Equity Awards
Forfeited
During
Year for
Second PEO
($)
Total — 
Inclusion of
Equity
Values for
Second PEO
($)
2023
12,644,011
0
0
0
12,644,011
Year
Average
Year-End
Fair Value
of Equity
Awards
Granted
During
Year That
Remained
Unvested as of
Last Day
of Year
for Non-PEO
NEOs
($)
Average
Change in
Fair Value
from
Last Day
of Prior
Year to
Last Day
of Year
of Unvested
Equity
Awards for
Non-PEO
NEOs
($)
Average
Change in
Fair Value
from Last
Day of
Prior Year
to Vesting
Date of
Unvested
Equity
Awards
that Vested
During
Year
for Non-PEO
NEOs
($)
Average
Fair Value
at Last Day
of Prior Year of
Equity Awards
Forfeited
During
Year for
Non-PEO
NEOs
($)
Total — 
Average Inclusion of
Equity Values
for Non-PEO
NEOs
($)
2023
4,041,559
1,500,259
50,134
10,335
5,450,345
     
Compensation Actually Paid vs. Total Shareholder Return
[MISSING IMAGE: bc_tsr-4c.jpg]
     
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_netincome-4c.jpg]
     
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_ebitda-4c.jpg]
     
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_tsr-4c.jpg]      
Tabular List, Table
TABULAR LIST OF MOST IMPORTANT FINANCIAL PERFORMANCE MEASURES
The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO and other NEOs for 2023 to Company performance. The measures in this table are not ranked.
Adjusted EBITDA
Adjusted FCFbG
Credit Ratio
ESG (as described in the CD&A)
Relative TSR
     
Total Shareholder Return Amount $ 150.26 88.79 116.01 97.86
Peer Group Total Shareholder Return Amount 111.05 122.25 121.46 102.72
Net Income (Loss) $ (202,000,000) $ 1,221,000,000 $ 2,187,000,000 $ 510,000,000
Company Selected Measure Amount 3,289,000,000 1,910,000,000 2,168,000,000 2,057,000,000
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EBITDA      
Non-GAAP Measure Description (5) ​​ We determined Adjusted EBITDA Achievement to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2023. Adjusted EBITDA Achievement is a non-GAAP measure that refers to EBITDA plus Adjustments and is defined in the “AIP Award Performance Criteria” section of the CD&A for each of the listed years. Adjusted EBITDA Achievement may not have been the most important financial performance measure for years 2022, 2021 and 2020 and we may determine a different financial performance measure to be the most important financial performance measure in future years.      
Measure:: 2        
Pay vs Performance Disclosure        
Name Adjusted FCFbG      
Measure:: 3        
Pay vs Performance Disclosure        
Name Credit Ratio      
Measure:: 4        
Pay vs Performance Disclosure        
Name ESG (as described in the CD&A)      
Measure:: 5        
Pay vs Performance Disclosure        
Name Relative TSR      
Mauricio Gutierrez [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 13,128,160 $ 10,151,847 $ 10,854,224 $ 9,879,276
PEO Actually Paid Compensation Amount (5,193,935) (938,751) 10,696,698 8,778,527
Mauricio Gutierrez [Member] | Stock Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (11,498,588)      
Mauricio Gutierrez [Member] | Total Equity Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (6,823,507)      
Mauricio Gutierrez [Member] | Stock Awards Adjustments, Year-End Fair Value Of Equity Awards Granted During Year That Remained Unvested As Of Last Day Of Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Mauricio Gutierrez [Member] | Stock Awards Adjustments, Change In Fair Value From Last Day Of Prior Year To Last Day Of Year Of Unvested Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Mauricio Gutierrez [Member] | Stock Awards Adjustments, Change In Fair Value From Last Day Of Prior Year To Vesting Date Of Unvested Equity Awards That Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 19,829      
Mauricio Gutierrez [Member] | Stock Awards Adjustments, Fair Value At Last Day Of Prior Year Of Equity Awards Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (6,843,335)      
Lawrence Coben [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount 11,934,989
PEO Actually Paid Compensation Amount 12,654,011
Lawrence Coben [Member] | Stock Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (11,924,989)      
Lawrence Coben [Member] | Total Equity Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 12,644,011      
Lawrence Coben [Member] | Stock Awards Adjustments, Year-End Fair Value Of Equity Awards Granted During Year That Remained Unvested As Of Last Day Of Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 12,644,011      
Lawrence Coben [Member] | Stock Awards Adjustments, Change In Fair Value From Last Day Of Prior Year To Last Day Of Year Of Unvested Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Lawrence Coben [Member] | Stock Awards Adjustments, Change In Fair Value From Last Day Of Prior Year To Vesting Date Of Unvested Equity Awards That Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Lawrence Coben [Member] | Stock Awards Adjustments, Fair Value At Last Day Of Prior Year Of Equity Awards Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Non-PEO NEO | Stock Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,434,854)      
Non-PEO NEO | Total Equity Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 5,450,345      
Non-PEO NEO | Stock Awards Adjustments, Year-End Fair Value Of Equity Awards Granted During Year That Remained Unvested As Of Last Day Of Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 4,041,559      
Non-PEO NEO | Stock Awards Adjustments, Change In Fair Value From Last Day Of Prior Year To Last Day Of Year Of Unvested Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,500,259      
Non-PEO NEO | Stock Awards Adjustments, Change In Fair Value From Last Day Of Prior Year To Vesting Date Of Unvested Equity Awards That Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 50,134      
Non-PEO NEO | Stock Awards Adjustments, Fair Value At Last Day Of Prior Year Of Equity Awards Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 10,335