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Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2013
Statement of Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income
The changes in AOCI, net of tax, in the three and six months ended June 30, 2013 and 2012, for FirstEnergy and FES are shown in the following tables:
 
FirstEnergy
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of April 1, 2013
 
$
(37
)
 
$
18

 
$
380

 
$
361

 
 
 
 
 
 
 
 
 
Other comprehensive loss before reclassifications
 
—

 
(1
)
 
—

 
(1
)
Amounts reclassified from AOCI
 
—

 
(4
)
 
(33
)
 
(37
)
Net other comprehensive loss
 
—

 
(5
)
 
(33
)
 
(38
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of June 30, 2013
 
$
(37
)
 
$
13

 
$
347

 
$
323

 
 
 
 
 
 
 
 
 
AOCI Balance as of April 1, 2012
 
$
(42
)
 
$
25

 
$
422

 
$
405

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
1

 
4

 
—

 
5

Amounts reclassified from AOCI
 
2

 
(2
)
 
(21
)
 
(21
)
Net other comprehensive income (loss)
 
3

 
2

 
(21
)
 
(16
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of June 30, 2012
 
$
(39
)
 
$
27

 
$
401

 
$
389


FES
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of April 1, 2013
 
$
2

 
$
17

 
$
52

 
$
71

 
 
 
 
 
 
 
 
 
Other comprehensive loss before reclassifications
 
—

 
(1
)
 
—

 
(1
)
Amounts reclassified from AOCI
 
(1
)
 
(4
)
 
(3
)
 
(8
)
Net other comprehensive loss
 
(1
)
 
(5
)
 
(3
)
 
(9
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of June 30, 2013
 
$
1

 
$
12

 
$
49

 
$
62

 
 
 
 
 
 
 
 
 
AOCI Balance as of April 1, 2012
 
$
4

 
$
22

 
$
48

 
$
74

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
1

 
4

 
8

 
13

Amounts reclassified from AOCI
 
1

 
(1
)
 
(3
)
 
(3
)
Net other comprehensive income
 
2

 
3

 
5

 
10

 
 
 
 
 
 
 
 
 
AOCI Balance as of June 30, 2012
 
$
6

 
$
25

 
$
53

 
$
84



FirstEnergy
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of January 1, 2013
 
$
(38
)
 
$
15

 
$
408

 
$
385

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
14

 
—

 
14

Amounts reclassified from AOCI
 
1

 
(16
)
 
(61
)
 
(76
)
Net other comprehensive income (loss)
 
1

 
(2
)
 
(61
)
 
(62
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of June 30, 2013
 
$
(37
)
 
$
13

 
$
347

 
$
323

 
 
 
 
 
 
 
 
 
AOCI Balance as of January 1, 2012
 
$
(39
)
 
$
19

 
$
446

 
$
426

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
1

 
13

 
5

 
19

Amounts reclassified from AOCI
 
(1
)
 
(5
)
 
(50
)
 
(56
)
Net other comprehensive income (loss)
 
—

 
8

 
(45
)
 
(37
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of June 30, 2012
 
$
(39
)
 
$
27

 
$
401

 
$
389


FES
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of January 1, 2013
 
$
3

 
$
13

 
$
56

 
$
72

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
13

 
—

 
13

Amounts reclassified from AOCI
 
(2
)
 
(14
)
 
(7
)
 
(23
)
Net other comprehensive loss
 
(2
)
 
(1
)
 
(7
)
 
(10
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of June 30, 2013
 
$
1

 
$
12

 
$
49

 
$
62

 
 
 
 
 
 
 
 
 
AOCI Balance as of January 1, 2012
 
$
8

 
$
16

 
$
52

 
$
76

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
1

 
13

 
8

 
22

Amounts reclassified from AOCI
 
(3
)
 
(4
)
 
(7
)
 
(14
)
Net other comprehensive income (loss)
 
(2
)
 
9

 
1

 
8

 
 
 
 
 
 
 
 
 
AOCI Balance as of June 30, 2012
 
$
6

 
$
25

 
$
53

 
$
84
Reclassification out of Accumulated Other Comprehensive Income
The following amounts were reclassified from AOCI in the three months ended June 30, 2013 and 2012:
FE

Three Months Ended June 30
 
Affected Line Item in Consolidated Statements of Income
Reclassifications from AOCI (b)

2013
 
2012
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges

 
 
 
 
 
Commodity contracts
 
$
(1
)
 
$
1

 
Other operating expenses
Long-term debt
 
2

 
2

 
Interest expense
 
 
1

 
3

 
Total before taxes
 
 
1

 
1

 
Income taxes (benefits)
 
 
$
—

 
$
2

 
Net of tax
 
 
 
 
 
 
 
Unrealized gains on AFS securities

 
 
 
 
 
Realized gains on sales of securities
 
$
(6
)
 
$
(3
)
 
Investment income
 
 
(2
)
 
(1
)
 
Income taxes (benefits)
 
 
$
(4
)
 
$
(2
)
 
Net of tax
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans

 
 
 
 
 
Prior-service costs
 
$
(55
)
 
$
(48
)
 
(a)
 
 
(22
)
 
(27
)
 
Income taxes (benefits)
 
 
$
(33
)
 
$
(21
)
 
Net of tax
 
 
 
 
 
 
 
(a) These AOCI components are included in the computation of net periodic pension cost. See Note 4, Pensions and Other Postemployment Benefits for additional details.
(b) Parenthesis represent credits from AOCI

FES
 
Three Months Ended June 30
 
Affected Line Item in Consolidated Statements of Income
Reclassifications from AOCI (b)
 
2013
 
2012
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges
 
 
 
 
 
 
Commodity contracts
 
$
(1
)
 
$
1

 
Other operating expenses
 
 
—

 
—

 
Income taxes (benefits)
 
 
$
(1
)
 
$
1

 
Net of tax
 
 
 
 
 
 
 
Unrealized gains on AFS securities
 
 
 
 
 
 
Realized gains on sales of securities
 
$
(6
)
 
$
(2
)
 
Investment income
 
 
(2
)
 
(1
)
 
Income taxes (benefits)
 
 
$
(4
)
 
$
(1
)
 
Net of tax
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans
 
 
 
 
 
 
Prior-service costs
 
$
(5
)
 
$
(5
)
 
(a)
 
 
(2
)
 
(2
)
 
Income taxes (benefits)
 
 
$
(3
)
 
$
(3
)
 
Net of tax
 
 
 
 
 
 
 
(a) These AOCI components are included in the computation of net periodic pension cost. See Note 4, Pensions and Other Postemployment Benefits for additional details.
(b) Parenthesis represent credits from AOCI
The following amounts were reclassified from AOCI in the six months ended June 30, 2013 and 2012:

FE
 
Six Months Ended June 30
 
Affected Line Item in Consolidated Statements of Income
Reclassifications from AOCI (b)
 
2013
 
2012
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges

 
 
 
 
 
Commodity contracts
 
$
(4
)
 
$
(5
)
 
Other operating expenses
Long-term debt
 
6

 
4

 
Interest expense
 
 
2

 
(1
)
 
Total before taxes
 
 
1

 
—

 
Income taxes (benefits)
 
 
$
1

 
$
(1
)
 
Net of tax
 
 
 
 
 
 
 
Unrealized gains on AFS securities

 
 
 
 
 
Realized gains on sales of securities
 
$
(25
)
 
$
(8
)
 
Investment income
 
 
(9
)
 
(3
)
 
Income taxes (benefits)
 
 
$
(16
)
 
$
(5
)
 
Net of tax
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans

 
 
 
 
 
Prior-service costs
 
$
(101
)
 
$
(96
)
 
(a)
 
 
(40
)
 
(46
)
 
Income taxes (benefits)
 
 
$
(61
)
 
$
(50
)
 
Net of tax
 
 
 
 
 
 
 
(a) These AOCI components are included in the computation of net periodic pension cost. See Note 4, Pensions and Other Postemployment Benefits for additional details.
(b) Parenthesis represent credits from AOCI
FES
 
Six Months Ended June 30
 
Affected Line Item in Consolidated Statements of Income
Reclassifications from AOCI (b)
 
2013
 
2012
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges
 
 
 
 
 
 
Commodity contracts
 
$
(4
)
 
$
(4
)
 
Other operating expenses
Long-term debt
 
2

 
—

 
Interest expense
 
 
(2
)
 
(4
)
 
Total before taxes
 
 
—

 
(1
)
 
Income taxes (benefits)
 
 
$
(2
)
 
$
(3
)
 
Net of tax
 
 
 
 
 
 
 
Unrealized gains on AFS securities
 
 
 
 
 
 
Realized gains on sales of securities
 
$
(22
)
 
$
(6
)
 
Investment income
 
 
(8
)
 
(2
)
 
Income taxes (benefits)
 
 
$
(14
)
 
$
(4
)
 
Net of tax
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans
 
 
 
 
 
 
Prior-service costs
 
$
(11
)
 
$
(10
)
 
(a)
 
 
(4
)
 
(3
)
 
Income taxes (benefits)
 
 
$
(7
)
 
$
(7
)
 
Net of tax
 
 
 
 
 
 
 
(a) These AOCI components are included in the computation of net periodic pension cost. See Note 4, Pensions and Other Postemployment Benefits for additional details.
(b) Parenthesis represent credits from AOCI