10-Q Filing

FIRSTENERGY CORP CIK: 1031296 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001031296-23-000054`
Period End Date	20230630
Filing Date	20230801
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	fe-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 106 Cash Flow Statement 82 Stockholders Equity 40 Comprehensive Income 40

Balance Sheet 104 line items

Line Item	Tag	Value	Unit	Period
Allowance for uncollectible accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$137.00M	USD	Point-in-time
Allowance for uncollectible accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$85.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.00M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$46.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$43.00M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	573.36M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	572.13M	shares	Point-in-time
Customers	`AccountsReceivableGrossCurrent`	$1.46B	USD	Point-in-time
Customers	`AccountsReceivableGrossCurrent`	$1.27B	USD	Point-in-time
Less Allowance for uncollectible customer receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$137.00M	USD	Point-in-time
Less Allowance for uncollectible customer receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$85.00M	USD	Point-in-time
Receivable	`AccountsReceivableNetCurrent`	$1.19B	USD	Point-in-time
Receivable	`AccountsReceivableNetCurrent`	$1.32B	USD	Point-in-time
Other, net of allowance for uncollectible accounts of $15 in 2023 and $11 in 2022	`OtherReceivables`	$253.00M	USD	Point-in-time
Other, net of allowance for uncollectible accounts of $15 in 2023 and $11 in 2022	`OtherReceivables`	$275.00M	USD	Point-in-time
Materials and supplies, at average cost	`InventoryNet`	$421.00M	USD	Point-in-time
Materials and supplies, at average cost	`InventoryNet`	$449.00M	USD	Point-in-time
Prepaid taxes and other	`OtherAssetsCurrent`	$217.00M	USD	Point-in-time
Prepaid taxes and other	`OtherAssetsCurrent`	$361.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.48B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.42B	USD	Point-in-time
In service	`PropertyPlantAndEquipmentExcludingConstructionInProgress`	$47.85B	USD	Point-in-time
In service	`PropertyPlantAndEquipmentExcludingConstructionInProgress`	$48.96B	USD	Point-in-time
Less Accumulated provision for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.67B	USD	Point-in-time
Less Accumulated provision for depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$13.26B	USD	Point-in-time
Property, plant and equipment in service net of accumulated provision for depreciation	`NetPlantExcludingConstructionWorkInProgress`	$35.29B	USD	Point-in-time
Property, plant and equipment in service net of accumulated provision for depreciation	`NetPlantExcludingConstructionWorkInProgress`	$34.59B	USD	Point-in-time
Construction work in progress	`ConstructionInProgressGross`	$1.69B	USD	Point-in-time
Construction work in progress	`ConstructionInProgressGross`	$1.86B	USD	Point-in-time
Total net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$37.15B	USD	Point-in-time
Total net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$36.28B	USD	Point-in-time
Goodwill	`Goodwill`	$5.62B	USD	Point-in-time
Goodwill	`Goodwill`	$5.62B	USD	Point-in-time
Investments (Note 6)	`LongTermInvestments`	$622.00M	USD	Point-in-time
Investments (Note 6)	`LongTermInvestments`	$638.00M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$33.00M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$311.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$1.14B	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$864.00M	USD	Point-in-time
Total deferred charges and other assets	`DeferredChargesAndOtherAssetsNoncurrent`	$7.43B	USD	Point-in-time
Total deferred charges and other assets	`DeferredChargesAndOtherAssetsNoncurrent`	$7.41B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$47.06B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$46.11B	USD	Point-in-time
Currently payable long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$351.00M	USD	Point-in-time
Currently payable long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.00B	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$350.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$100.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.20B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.50B	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$283.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$254.00M	USD	Point-in-time
Accrued taxes	`AccruedIncomeTaxesCurrent`	$604.00M	USD	Point-in-time
Accrued taxes	`AccruedIncomeTaxesCurrent`	$668.00M	USD	Point-in-time
Accrued compensation and benefits	`AccruedEmployeeBenefitsCurrent`	$272.00M	USD	Point-in-time
Accrued compensation and benefits	`AccruedEmployeeBenefitsCurrent`	$257.00M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$223.00M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$223.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$223.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Other	`OtherLiabilitiesCurrent`	$364.00M	USD	Point-in-time
Other	`OtherLiabilitiesCurrent`	$230.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.96B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.15B	USD	Point-in-time
Long-term debt and other long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$22.66B	USD	Point-in-time
Long-term debt and other long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$21.20B	USD	Point-in-time
Accumulated deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$4.20B	USD	Point-in-time
Accumulated deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$4.39B	USD	Point-in-time
Retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.33B	USD	Point-in-time
Retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.52B	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$1.52B	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$1.85B	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.86B	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.92B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$31.95B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$31.51B	USD	Point-in-time
Liabilities	`Liabilities`	$35.47B	USD	Point-in-time
Liabilities	`Liabilities`	$36.09B	USD	Point-in-time
Common stock, $0.10 par value, authorized 700,000,000 shares - 573,362,380 and 572,130,932 shares outstanding as of June 30, 2023 and December 31, 2022, respectively.	`CommonStockValueOutstanding`	$57.00M	USD	Point-in-time
Common stock, $0.10 par value, authorized 700,000,000 shares - 573,362,380 and 572,130,932 shares outstanding as of June 30, 2023 and December 31, 2022, respectively.	`CommonStockValueOutstanding`	$57.00M	USD	Point-in-time
Other paid-in capital	`AdditionalPaidInCapitalCommonStock`	$11.14B	USD	Point-in-time
Other paid-in capital	`AdditionalPaidInCapitalCommonStock`	$11.32B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.20B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-672.00M	USD	Point-in-time
Total common stockholders equity	`StockholdersEquity`	$10.51B	USD	Point-in-time
Total common stockholders equity	`StockholdersEquity`	$10.17B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$477.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$461.00M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.76B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.97B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.68B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.64B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.73B	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.31B	USD	Point-in-time
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$47.06B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$46.11B	USD	Point-in-time

Income Statement 106 line items

Line Item	Tag	Value	Unit	Period
Excise taxes collected	`ExciseTaxesCollected`	$92.00M	USD	1 Quarter
Excise taxes collected	`ExciseTaxesCollected`	$91.00M	USD	1 Quarter
Excise taxes collected	`ExciseTaxesCollected`	$194.00M	USD	2 Qtrs
Excise taxes collected	`ExciseTaxesCollected`	$201.00M	USD	2 Qtrs
Total revenues	`Revenues`	$6.24B	USD	2 Qtrs
Total revenues	`Revenues`	$3.01B	USD	1 Quarter
Total revenues	`Revenues`	$5.81B	USD	2 Qtrs
Total revenues	`Revenues`	$2.82B	USD	1 Quarter
Fuel	`FuelCosts`	$140.00M	USD	1 Quarter
Fuel	`FuelCosts`	$330.00M	USD	2 Qtrs
Fuel	`FuelCosts`	$273.00M	USD	2 Qtrs
Fuel	`FuelCosts`	$190.00M	USD	1 Quarter
Purchased power	`UtilitiesOperatingExpensePurchasedPower`	$1.68B	USD	2 Qtrs
Purchased power	`UtilitiesOperatingExpensePurchasedPower`	$2.02B	USD	2 Qtrs
Purchased power	`UtilitiesOperatingExpensePurchasedPower`	$894.00M	USD	1 Quarter
Purchased power	`UtilitiesOperatingExpensePurchasedPower`	$802.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$1.73B	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$885.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$1.72B	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$896.00M	USD	1 Quarter
Provision for depreciation	`Depreciation`	$722.00M	USD	2 Qtrs
Provision for depreciation	`Depreciation`	$348.00M	USD	1 Quarter
Provision for depreciation	`Depreciation`	$361.00M	USD	1 Quarter
Provision for depreciation	`Depreciation`	$688.00M	USD	2 Qtrs
Deferral of regulatory assets, net	`AmortizationDeferralOfRegulatoryAsset`	$-113.00M	USD	2 Qtrs
Deferral of regulatory assets, net	`AmortizationDeferralOfRegulatoryAsset`	$-33.00M	USD	1 Quarter
Deferral of regulatory assets, net	`AmortizationDeferralOfRegulatoryAsset`	$-129.00M	USD	1 Quarter
Deferral of regulatory assets, net	`AmortizationDeferralOfRegulatoryAsset`	$-166.00M	USD	2 Qtrs
General taxes	`UtilitiesOperatingExpenseTaxes`	$574.00M	USD	2 Qtrs
General taxes	`UtilitiesOperatingExpenseTaxes`	$556.00M	USD	2 Qtrs
General taxes	`UtilitiesOperatingExpenseTaxes`	$278.00M	USD	1 Quarter
General taxes	`UtilitiesOperatingExpenseTaxes`	$264.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$2.37B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$5.21B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$4.80B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$2.52B	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$481.00M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.01B	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$447.00M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.03B	USD	2 Qtrs
Debt redemption costs (Note 6)	`GainsLossesOnExtinguishmentOfDebt`	$-156.00M	USD	2 Qtrs
Debt redemption costs (Note 6)	`GainsLossesOnExtinguishmentOfDebt`	$-36.00M	USD	2 Qtrs
Debt redemption costs (Note 6)	`GainsLossesOnExtinguishmentOfDebt`	$-36.00M	USD	1 Quarter
Debt redemption costs (Note 6)	`GainsLossesOnExtinguishmentOfDebt`	$-118.00M	USD	1 Quarter
Equity method investment earnings (Note 1)	`IncomeLossFromEquityMethodInvestments`	$65.00M	USD	1 Quarter
Equity method investment earnings (Note 1)	`IncomeLossFromEquityMethodInvestments`	$35.00M	USD	1 Quarter
Equity method investment earnings (Note 1)	`IncomeLossFromEquityMethodInvestments`	$91.00M	USD	2 Qtrs
Equity method investment earnings (Note 1)	`IncomeLossFromEquityMethodInvestments`	$77.00M	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$95.00M	USD	1 Quarter
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$78.00M	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$189.00M	USD	2 Qtrs
Miscellaneous income, net	`OtherNonoperatingIncomeExpense`	$43.00M	USD	1 Quarter
Pension and OPEB mark-to-market adjustment (Note 4)	`DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease`	-	USD	1 Quarter
Pension and OPEB mark-to-market adjustment (Note 4)	`DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease`	$59.00M	USD	2 Qtrs
Pension and OPEB mark-to-market adjustment (Note 4)	`DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Pension and OPEB mark-to-market adjustment (Note 4)	`DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease`	$59.00M	USD	1 Quarter
Interest expense	`InterestCostsIncurred`	$540.00M	USD	2 Qtrs
Interest expense	`InterestCostsIncurred`	$265.00M	USD	1 Quarter
Interest expense	`InterestCostsIncurred`	$539.00M	USD	2 Qtrs
Interest expense	`InterestCostsIncurred`	$276.00M	USD	1 Quarter
Capitalized financing costs	`InterestCostsCapitalizedAdjustment`	$43.00M	USD	2 Qtrs
Capitalized financing costs	`InterestCostsCapitalizedAdjustment`	$22.00M	USD	1 Quarter
Capitalized financing costs	`InterestCostsCapitalizedAdjustment`	$36.00M	USD	2 Qtrs
Capitalized financing costs	`InterestCostsCapitalizedAdjustment`	$17.00M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-394.00M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-153.00M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-206.00M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-304.00M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$241.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$728.00M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$612.00M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$328.00M	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$74.00M	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$164.00M	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$132.00M	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$49.00M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$480.00M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$310.00M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$564.00M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$192.00M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$254.00M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$288.00M	USD	1 Quarter
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	2 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$37.00M	USD	2 Qtrs
Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.00M	USD	1 Quarter
EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP.	`NetIncomeLoss`	$235.00M	USD	1 Quarter
EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP.	`NetIncomeLoss`	$527.00M	USD	2 Qtrs
EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP.	`NetIncomeLoss`	$475.00M	USD	2 Qtrs
EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP.	`NetIncomeLoss`	$187.00M	USD	1 Quarter
Basic - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	2 Qtrs
Basic - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	2 Qtrs
Diluted - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	2 Qtrs
Diluted - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Diluted - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	573.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	571.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	573.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	571.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	574.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	574.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	572.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	572.00M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$480.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$310.00M	USD	1 Quarter
Net income	`ProfitLoss`	$564.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$192.00M	USD	1 Quarter
Net income	`ProfitLoss`	$254.00M	USD	1 Quarter
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Depreciation, amortization and impairments	`DepreciationDepletionAmortizationAndImpairments`	$695.00M	USD	2 Qtrs
Depreciation, amortization and impairments	`DepreciationDepletionAmortizationAndImpairments`	$657.00M	USD	2 Qtrs
Deferred income taxes and investment tax credits, net	`DeferredIncomeTaxesAndTaxCredits`	$123.00M	USD	2 Qtrs
Deferred income taxes and investment tax credits, net	`DeferredIncomeTaxesAndTaxCredits`	$133.00M	USD	2 Qtrs
Retirement benefits, net of payments	`PensionAndOtherPostretirementBenefitExpense`	$-51.00M	USD	2 Qtrs
Retirement benefits, net of payments	`PensionAndOtherPostretirementBenefitExpense`	$-188.00M	USD	2 Qtrs
Pension trust contribution	`PensionContributions`	-	USD	2 Qtrs
Pension trust contribution	`PensionContributions`	$750.00M	USD	2 Qtrs
Pension and OPEB mark-to-market adjustment	`DefinedBenefitPlanPlanAssetsPeriodIncreaseDecreaseIncludingDiscontinuedOperations`	$-59.00M	USD	2 Qtrs
Pension and OPEB mark-to-market adjustment	`DefinedBenefitPlanPlanAssetsPeriodIncreaseDecreaseIncludingDiscontinuedOperations`	-	USD	2 Qtrs
Transmission revenue collections, net	`TransmissionRevenueCollectionNet`	$-23.00M	USD	2 Qtrs
Transmission revenue collections, net	`TransmissionRevenueCollectionNet`	$65.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-110.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$109.00M	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$44.00M	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$28.00M	USD	2 Qtrs
Prepaid taxes and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$121.00M	USD	2 Qtrs
Prepaid taxes and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$128.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-303.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$239.00M	USD	2 Qtrs
Accrued taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-64.00M	USD	2 Qtrs
Accrued taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-16.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$29.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-28.00M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-85.00M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-65.00M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-14.00M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-5.00M	USD	2 Qtrs
Collateral, net	`IncreaseDecreaseInCollateral`	$-190.00M	USD	2 Qtrs
Collateral, net	`IncreaseDecreaseInCollateral`	$262.00M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$11.00M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$57.00M	USD	2 Qtrs
Net cash provided from (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.28B	USD	2 Qtrs
Net cash provided from (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-213.00M	USD	2 Qtrs
Capital investments	`PaymentsToAcquireProductiveAssets`	$647.00M	USD	1 Quarter
Capital investments	`PaymentsToAcquireProductiveAssets`	$1.42B	USD	2 Qtrs
Capital investments	`PaymentsToAcquireProductiveAssets`	$1.19B	USD	2 Qtrs
Capital investments	`PaymentsToAcquireProductiveAssets`	$769.00M	USD	1 Quarter
Sales of investment securities held in trusts	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$18.00M	USD	2 Qtrs
Sales of investment securities held in trusts	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$16.00M	USD	2 Qtrs
Purchases of investment securities held in trusts	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$22.00M	USD	2 Qtrs
Purchases of investment securities held in trusts	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$24.00M	USD	2 Qtrs
Asset removal costs	`PaymentsForRemovalCosts`	$97.00M	USD	2 Qtrs
Asset removal costs	`PaymentsForRemovalCosts`	$117.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-8.00M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.28B	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.55B	USD	2 Qtrs
Long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$2.60B	USD	2 Qtrs
Short-term borrowings, net	`ProceedsFromShortTermDebt`	-	USD	2 Qtrs
Short-term borrowings, net	`ProceedsFromShortTermDebt`	$250.00M	USD	2 Qtrs
Long-term debt	`RepaymentsOfLongTermDebt`	$515.00M	USD	2 Qtrs
Long-term debt	`RepaymentsOfLongTermDebt`	$2.75B	USD	2 Qtrs
Proceeds from FET minority interest sale, net of transaction costs	`ProceedsFromSaleOfInterestInPartnershipUnit`	-	USD	2 Qtrs
Proceeds from FET minority interest sale, net of transaction costs	`ProceedsFromSaleOfInterestInPartnershipUnit`	$2.35B	USD	2 Qtrs
Distributions to FET minority interest	`PaymentsOfDistributionsToAffiliates`	$53.00M	USD	2 Qtrs
Distributions to FET minority interest	`PaymentsOfDistributionsToAffiliates`	-	USD	2 Qtrs
Common stock dividend payments	`PaymentsOfDividendsCommonStock`	$445.00M	USD	2 Qtrs
Common stock dividend payments	`PaymentsOfDividendsCommonStock`	$447.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-67.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-139.00M	USD	2 Qtrs
Net cash provided from (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-981.00M	USD	2 Qtrs
Net cash provided from (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.77B	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-979.00M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$8.00M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.51B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$206.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.51B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$206.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.00M	USD	Point-in-time
Accrued capital investments	`CapitalExpendituresIncurredButNotYetPaid`	$143.00M	USD	2 Qtrs
Accrued capital investments	`CapitalExpendituresIncurredButNotYetPaid`	$106.00M	USD	2 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.39	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.39	USD	1 Quarter
Beginning balance, (in shares)	`CommonStockSharesOutstanding`	573.36M	shares	Point-in-time
Beginning balance, (in shares)	`CommonStockSharesOutstanding`	572.13M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.76B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.64B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.73B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.31B	USD	Point-in-time
Net income	`ProfitLoss`	$480.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$310.00M	USD	1 Quarter
Net income	`ProfitLoss`	$564.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$192.00M	USD	1 Quarter
Net income	`ProfitLoss`	$254.00M	USD	1 Quarter
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Other comprehensive Income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive Income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.00M	USD	2 Qtrs
Other comprehensive Income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive Income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive Income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	1 Quarter
Other comprehensive Income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	2 Qtrs
Stock Investment Plan and share-based benefit plans	`StockIssuedDuringPeriodValueStockInvestmentAndEmployeeBenefitPlan`	$20.00M	USD	1 Quarter
Stock Investment Plan and share-based benefit plans	`StockIssuedDuringPeriodValueStockInvestmentAndEmployeeBenefitPlan`	$25.00M	USD	1 Quarter
Stock Investment Plan and share-based benefit plans	`StockIssuedDuringPeriodValueStockInvestmentAndEmployeeBenefitPlan`	$19.00M	USD	1 Quarter
Stock Investment Plan and share-based benefit plans	`StockIssuedDuringPeriodValueStockInvestmentAndEmployeeBenefitPlan`	$22.00M	USD	1 Quarter
Cash dividends declared on common stock	`DividendsCommonStockCash`	$223.00M	USD	1 Quarter
Cash dividends declared on common stock	`DividendsCommonStockCash`	$223.00M	USD	1 Quarter
Distributions to FET minority interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$36.00M	USD	1 Quarter
Distributions to FET minority interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$17.00M	USD	1 Quarter
FET minority interest sale, net of transaction costs	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$2.34B	USD	1 Quarter
Other	`StockholdersEquityOther`	$4.00M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	573.36M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	572.13M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.76B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.64B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.73B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.31B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$480.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$310.00M	USD	1 Quarter
Net income	`ProfitLoss`	$564.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$192.00M	USD	1 Quarter
Net income	`ProfitLoss`	$254.00M	USD	1 Quarter
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Pension and OPEB prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$3.00M	USD	2 Qtrs
Pension and OPEB prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$2.00M	USD	1 Quarter
Pension and OPEB prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$1.00M	USD	1 Quarter
Pension and OPEB prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$4.00M	USD	2 Qtrs
Amortized losses on derivative hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$8.00M	USD	2 Qtrs
Amortized losses on derivative hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$2.00M	USD	2 Qtrs
Amortized losses on derivative hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$2.00M	USD	1 Quarter
Amortized losses on derivative hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$8.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossBeforeTax`	$6.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossBeforeTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossBeforeTax`	$4.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossBeforeTax`	$-1.00M	USD	2 Qtrs
Income taxes on other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	-	USD	2 Qtrs
Income taxes on other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$1.00M	USD	1 Quarter
Income taxes on other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$2.00M	USD	1 Quarter
Income taxes on other comprehensive income (loss)	`OtherComprehensiveIncomeLossTax`	$1.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$196.00M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$483.00M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$254.00M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$563.00M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$37.00M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.00M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO FIRSTENERGY CORP.	`ComprehensiveIncomeNetOfTax`	$478.00M	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO FIRSTENERGY CORP.	`ComprehensiveIncomeNetOfTax`	$191.00M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO FIRSTENERGY CORP.	`ComprehensiveIncomeNetOfTax`	$526.00M	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO FIRSTENERGY CORP.	`ComprehensiveIncomeNetOfTax`	$235.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.