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Consolidated Statements of Income and Comprehensive Income (FirstEnergy Solutions Corp.) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES:        
Electric sales $ 1,506 $ 1,382 $ 4,131 $ 4,247
Total revenues 4,036 [1] 4,052 [1] 11,270 [1] 11,780 [1]
OPERATING EXPENSES:        
Fuel 657 636 1,915 1,833
Purchased power 1,120 1,063 2,932 3,367
Other operating expenses 877 861 2,645 2,597
Provision for depreciation 316 272 909 834
General taxes 242 257 747 760
Total operating expenses 3,524 3,150 10,064 9,589
OPERATING INCOME (LOSS) 512 902 1,206 2,191
OTHER INCOME (EXPENSE):        
Loss on debt redemptions 9 0 (132) 0
Investment income (loss) 5 39 8 63
Interest expense (257) (230) (771) (750)
Capitalized interest 17 18 51 54
Total other income (expense) (226) (173) (844) (633)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 286 729 362 1,558
INCOME TAXES (BENEFITS) 77 307 129 650
NET INCOME FROM CONTINUING OPERATIONS 209 422 233 908
Discontinued operations (net of income taxes of $5, $3, $8 and $6, respectively) (Note 16) 9 3 17 11
NET INCOME (LOSS) 218 425 250 919
STATEMENTS OF COMPREHENSIVE INCOME        
NET INCOME 218 425 250 919
OTHER COMPREHENSIVE INCOME (LOSS):        
Pension and OPEB prior service costs (47) (47) (148) (148)
Amortized loss (gain) on derivative hedges 2 0 4 1
Change in unrealized gain on available-for-sale securities 6 1 3 13
Other comprehensive income (loss) (39) (46) (141) (134)
Income taxes (benefits) on other comprehensive income (loss) (15) (24) (55) (75)
Net other comprehensive income (loss) (24) (22) (86) (59)
COMPREHENSIVE INCOME (LOSS) 194 403 164 860
FES
       
REVENUES:        
Other 38 37 107 91
Total revenues 1,679 1,550 4,655 4,511
OPERATING EXPENSES:        
Fuel 304 303 936 978
Other operating expenses 339 342 1,105 1,028
Provision for depreciation 80 70 231 200
General taxes 35 35 106 104
Total operating expenses 1,614 1,383 4,534 4,116
OPERATING INCOME (LOSS) 65 167 121 395
OTHER INCOME (EXPENSE):        
Loss on debt redemptions 0 0 (103) 0
Investment income (loss) (3) 38 (4) 50
Miscellaneous income 21 1 29 25
Capitalized interest 9 9 28 27
Total other income (expense) (9) (6) (183) (45)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 56 161 (62) 350
INCOME TAXES (BENEFITS) 23 65 (19) 139
NET INCOME FROM CONTINUING OPERATIONS 33 96 (43) 211
Discontinued operations (net of income taxes of $5, $3, $8 and $6, respectively) (Note 16) 7 5 14 11
NET INCOME (LOSS) 40 101 (29) 222
STATEMENTS OF COMPREHENSIVE INCOME        
NET INCOME 40 101 (29) 222
OTHER COMPREHENSIVE INCOME (LOSS):        
Pension and OPEB prior service costs (5) (5) (16) (2)
Amortized loss (gain) on derivative hedges (1) (2) (3) (6)
Change in unrealized gain on available-for-sale securities 5 (2) 2 11
Other comprehensive income (loss) (1) (9) (17) 3
Income taxes (benefits) on other comprehensive income (loss) (1) (3) (7) 1
Net other comprehensive income (loss) 0 (6) (10) 2
COMPREHENSIVE INCOME (LOSS) 40 95 (39) 224
FES | Affiliates
       
REVENUES:        
Electric sales 186 155 482 385
OPERATING EXPENSES:        
Purchased power 132 131 401 381
OTHER INCOME (EXPENSE):        
Interest expense (1) (3) (7) (7)
FES | Non-Affiliates
       
REVENUES:        
Electric sales 1,455 1,358 4,066 4,035
OPERATING EXPENSES:        
Purchased power 724 502 1,755 1,425
OTHER INCOME (EXPENSE):        
Interest expense $ (35) $ (51) $ (126) $ (140)
[1] Includes excise tax collections of $117 million and $123 million in the three months ended September 30, 2013 and 2012, respectively, and $346 million and $351 million in the nine months ended September 30, 2013 and 2012, respectively.