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Segment Information
 6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
Financial information for each of FirstEnergy’s reportable segments is presented in the tables below. FES does not have separate reportable operating segments.
The Regulated Distribution segment distributes electricity through FirstEnergy’s ten utility operating companies, serving approximately six million customers within 65,000 square miles of Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York, and purchases power for its POLR, SOS, SSO and default service requirements in Ohio, Pennsylvania, New Jersey and Maryland. This segment also includes regulated electric generation facilities in West Virginia and New Jersey that MP and JCP&L, respectively, own or contractually control. Its results reflect the commodity costs of securing electric generation and the deferral and amortization of certain fuel costs.
The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by ATSI, TrAIL, certain of FirstEnergy's utilities (JCP&L, ME, PN, MP, PE and WP). The segment's revenues are primarily derived from rates that recover costs and provide a return on transmission capital investment. Except for the recovery of the PATH abandoned project regulatory asset, these revenues are derived from transmission services provided pursuant to the PJM open access transmission tariff to LSEs. Its results also reflect the net transmission expenses related to the delivery of electricity on FirstEnergy's transmission facilities.
The Competitive Energy Services segment, through FES and AE Supply, supplies electricity to end-use customers through retail and wholesale arrangements, including competitive retail sales to customers primarily in Ohio, Pennsylvania, Illinois, Michigan, New Jersey and Maryland, and the provision of partial POLR and default service for some utilities in Ohio, Pennsylvania and Maryland, including the Utilities. This business segment currently controls approximately 18,000 MWs of capacity (including 885 MWs of capacity subject to RMR arrangements with PJM and 2,080 MWs of capacity planned to be deactivated by October 9, 2013) and also purchases electricity to meet sales obligations. The segment’s net income is primarily derived from electric generation sales less the related costs of electricity generation, including purchased power and net transmission (including congestion) and ancillary costs charged by PJM to deliver energy to the segment’s customers.
The Other/Corporate Segment contains corporate items and other businesses that are below the quantifiable threshold for separate disclosure as a reportable segment. Reconciling adjustments primarily consist of elimination of intersegment transactions.
Segment Financial Information

Three Months Ended
 
Regulated Distribution
 
Regulated Transmission
 
Competitive Energy Services
 
Other/Corporate
 
Reconciling Adjustments
 
Consolidated
 
 
(In millions)
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
2,041

 
$
180

 
$
1,377

 
$
(31
)
 
$
(48
)
 
$
3,519

Internal revenues
 
—

 
—

 
176

 
—

 
(176
)
 
—

Total revenues
 
2,041

 
180

 
1,553

 
(31
)
 
(224
)
 
3,519

Depreciation, amortization and deferrals
 
220

 
31

 
114

 
9

 
—

 
374

Investment income
 
9

 
—

 
(17
)
 
2

 
(9
)
 
(15
)
Interest expense
 
135

 
22

 
61

 
38

 
—

 
256

Income taxes (benefits)
 
108

 
30

 
(207
)
 
7

 
4

 
(58
)
Net income (loss)
 
179

 
51

 
(339
)
 
(52
)
 
(3
)
 
(164
)
Total assets
 
26,936

 
4,797

 
17,910

 
514

 
—

 
50,157

Total goodwill
 
5,025

 
526

 
896

 
—

 
—

 
6,447

Property additions
 
283

 
97

 
185

 
21

 
—

 
586

 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2012
 
 

 
 

 
 

 
 

 
 
 
 

External revenues
 
$
2,139

 
$
184

 
$
1,501

 
$
(23
)
 
$
(46
)
 
$
3,755

Internal revenues
 
—

 
—

 
209

 
—

 
(209
)
 
—

Total revenues
 
2,139

 
184

 
1,710

 
(23
)
 
(255
)
 
3,755

Depreciation, amortization and deferrals
 
208

 
29

 
103

 
8

 
(1
)
 
347

Investment income
 
19

 
1

 
6

 
1

 
(14
)
 
13

Interest expense
 
135

 
23

 
71

 
45

 
—

 
274

Income taxes (benefits)
 
94

 
30

 
14

 
(25
)
 
14

 
127

Net income (loss)
 
158

 
54

 
25

 
(41
)
 
(8
)
 
188

Total assets
 
25,787

 
4,473

 
17,216

 
572

 
—

 
48,048

Total goodwill
 
5,025

 
526

 
893

 
—

 
—

 
6,444

Property additions
 
177

 
59

 
132

 
26

 
—

 
394

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
4,253

 
$
356

 
$
2,791

 
$
(58
)
 
$
(94
)
 
$
7,248

Internal revenues
 
—

 
—

 
392

 
—

 
(392
)
 
—

Total revenues
 
4,253

 
356

 
3,183

 
(58
)
 
(486
)
 
7,248

Depreciation, amortization and deferrals
 
422

 
60

 
225

 
20

 
—

 
727

Investment income
 
27

 
—

 
(1
)
 
3

 
(26
)
 
3

Interest expense
 
270

 
45

 
134

 
65

 
—

 
514

Income taxes (benefits)
 
234

 
61

 
(230
)
 
(11
)
 
4

 
58

Net income (loss)
 
389

 
102

 
(377
)
 
(82
)
 
—

 
32

Total assets
 
26,936

 
4,797

 
17,910

 
514

 
—

 
50,157

Total goodwill
 
5,025

 
526

 
896

 
—

 
—

 
6,447

Property additions
 
719

 
186

 
468

 
39

 
—

 
1,412

 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
4,493

 
$
370

 
$
3,020

 
$
(47
)
 
$
(93
)
 
$
7,743

Internal revenues
 
—

 
—

 
477

 
—

 
(475
)
 
2

Total revenues
 
4,493

 
370

 
3,497

 
(47
)
 
(568
)
 
7,745

Depreciation, amortization and deferrals
 
425

 
58

 
203

 
16

 
(1
)
 
701

Investment income
 
42

 
1

 
12

 
1

 
(32
)
 
24

Interest expense
 
269

 
46

 
136

 
69

 
—

 
520

Income taxes (benefits)
 
187

 
66

 
97

 
(41
)
 
40

 
349

Net income (loss)
 
317

 
112

 
166

 
(69
)
 
(32
)
 
494

Total assets
 
25,787

 
4,473

 
17,216

 
572

 
—

 
48,048

Total goodwill
 
5,025

 
526

 
893

 
—

 
—

 
6,444

Property additions
 
443

 
122

 
303

 
43

 
—

 
911