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Consolidated Statements of Income (FirstEnergy Corp.) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES:    
Electric utilities $ 2,388 $ 2,540
Unregulated businesses 1,341 1,450
Total revenues 3,729 [1] 3,990 [1]
OPERATING EXPENSES:    
Fuel 630 541
Purchased power 943 1,259
Other operating expenses 884 818
Provision for depreciation 294 279
Amortization of regulatory assets, net 59 75
General taxes 265 272
Total operating expenses 3,075 3,244
OPERATING INCOME (LOSS) 654 746
OTHER INCOME (EXPENSE):    
Loss on debt redemptions (119) 0
Investment income 18 11
Interest expense (256) (246)
Capitalized interest 15 17
Total other income (expense) (342) (218)
Total before taxes 312 528
INCOME TAXES (BENEFITS) 116 222
Net of tax $ 196 $ 306
EARNINGS PER SHARE OF COMMON STOCK:    
Basic, in dollars per share $ 0.47 $ 0.73
Diluted, in dollars per share $ 0.47 $ 0.73
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:    
Basic, in shares 418 418
Diluted, in shares 419 420
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK $ 0.55 $ 0.55
[1] Includes excise tax collections of $114 million and $121 million in the three months ended March 31, 2013 and 2012, respectively.