XML 72 R47.htm IDEA: XBRL DOCUMENT v2.4.0.8
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Future Amortization
As of December 31, 2013, intangible assets classified in Other Deferred Charges on FirstEnergy’s Consolidated Balance Sheet, include the following:
 
 
Intangible Assets
 
Amortization Expense
 
 
 
 
 
 
 
 
Actual
 
Estimated
(In millions)
 
Gross
 
Accumulated Amortization
 
Net
 
2013
 
2014
 
2015
 
2016
 
2017
 
2018
 
Thereafter
NUG contracts(1)(2)
 
$
124

 
$
15

 
$
109

 
$
5

 
$
5

 
$
5

 
$
5

 
$
5

 
$
5

 
$
84

OVEC(1)
 
54

 
5

 
49

 
2

 
2

 
2

 
2

 
2

 
2

 
39

Coal contracts(1)(3)
 
556

 
222

 
334

 
62

 
55

 
51

 
51

 
45

 
30

 
49

FES customer contracts
 
147

 
52

 
95

 
17

 
17

 
17

 
17

 
17

 
14

 
13

Energy contracts(1)
 
136

 
135

 
1

 
14

 
1

 
—

 
—

 
—

 
—

 
—

 
 
$
1,017

 
$
429

 
$
588

 
$
100

 
$
80

 
$
75

 
$
75

 
$
69

 
$
51

 
$
185


(1)
Fair value measurements of intangible assets recorded in connection with the Allegheny merger (see Note 21, Merger).
(2)
NUG contracts are subject to regulatory accounting and their amortization does not impact earnings.
(3)
A gross amount of $102 million ($53 million, net) of the coal contracts was recorded with a regulatory offset and the amortization does not impact earnings.