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Accumulated Other Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2014
Statement of Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income
The changes in AOCI, net of tax, for the years ended December 31, 2014, 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, January 1, 2012
 
$
(39
)
 
$
19

 
$
446

 
$
426

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications (1)
 
—

 
41

 
79

 
120

Amounts reclassified from AOCI
 
1

 
(45
)
 
(117
)
 
(161
)
Net other comprehensive income (loss)
 
1

 
(4
)
 
(38
)
 
(41
)
 
 
 
 
 
 
 
 
 
AOCI Balance, December 31, 2012
 
$
(38
)
 
$
15

 
$
408

 
$
385

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications (2)
 
—

 
29

 
23

 
52

Amounts reclassified from AOCI
 
2

 
(35
)
 
(120
)
 
(153
)
Net other comprehensive income (loss)
 
2

 
(6
)
 
(97
)
 
(101
)
 
 


 
 
 
 
 
 
AOCI Balance, December 31, 2013
 
$
(36
)
 
$
9

 
$
311

 
$
284

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications (3)
 
—

 
55

 
50

 
105

Amounts reclassified from AOCI
 
(1
)
 
(39
)
 
(103
)
 
(143
)
Net other comprehensive income (loss)
 
(1
)
 
16

 
(53
)
 
(38
)
 
 
 
 
 
 
 
 
 
AOCI Balance, December 31, 2014
 
$
(37
)
 
$
25

 
$
258

 
$
246

 
 
 
 
 
 
 
 
 
(1) Unrealized Gains on AFS Securities and Defined Benefits Pension & OPEB plans are net of tax of $25 million and $(3 million), respectively.

(2) Unrealized Gains on AFS Securities and Defined Benefits Pension & OPEB plans are net of tax of $17 million and $12 million, respectively.
(3) Unrealized Gains on AFS Securities and Defined Benefits Pension & OPEB plans are net of tax of $34 million and $42 million, respectively.

FES
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
 
 
 
 
 
 
 
 
 
AOCI Balance, January 1, 2012
 
$
8

 
$
16

 
$
52

 
$
76

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications (1)
 
—

 
38

 
16

 
54

Amounts reclassified from AOCI
 
(5
)
 
(41
)
 
(12
)
 
(58
)
Net other comprehensive income (loss)
 
(5
)
 
(3
)
 
4

 
(4
)
 
 
 
 
 
 
 
 
 
AOCI Balance, December 31, 2012
 
$
3

 
$
13

 
$
56

 
$
72

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications (2)
 
—

 
26

 
3

 
29

Amounts reclassified from AOCI
 
(4
)
 
(31
)
 
(12
)
 
(47
)
Net other comprehensive income (loss)
 
(4
)
 
(5
)
 
(9
)
 
(18
)
 
 
 
 
 
 
 
 
 
AOCI Balance, December 31, 2013
 
$
(1
)

$
8

 
$
47

 
$
54

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications (3)
 
—

 
50

 
8

 
58

Amounts reclassified from AOCI
 
(6
)
 
(37
)
 
(12
)
 
(55
)
Net other comprehensive loss
 
(6
)
 
13

 
(4
)
 
3

 
 
 
 
 
 
 
 
 
AOCI Balance, December 31, 2014
 
$
(7
)
 
$
21

 
$
43

 
$
57

 
 
 
 
 
 
 
 
 
(1) Gains & Losses on Cash Flow Hedges, Unrealized Gains on AFS Securities and Defined Benefits Pension & OPEB plans are net of tax of $1 million, $22 million and $9 million, respectively.
(2) Unrealized Gains on AFS Securities and Defined Benefits Pension & OPEB plans are net of tax of $15 million and $2 million, respectively.
(3) Unrealized Gains on AFS Securities and Defined Benefits Pension & OPEB plans are net of tax of $30 million and $5 million, respectively.
Reclassification out of Accumulated Other Comprehensive Income
The following amounts were reclassified from AOCI in the years ended December 31, 2014, 2013 and 2012 for FirstEnergy and FES are shown in the following tables:

FirstEnergy
 
Year Ended December 31
 
Affected Line Item in Consolidated Statements of Income
Reclassifications from AOCI (2)
 
2014
 
2013
 
2012
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges
 
 
 
 
 
 
 
 
Commodity contracts
 
$
(10
)
 
$
(8
)
 
$
(9
)
 
Other operating expenses
Long-term debt
 
8

 
11

 
10

 
Interest expense
 
 
(2
)
 
3

 
1

 
Total before taxes
 
 
1

 
(1
)
 
—

 
Income taxes (benefits)
 
 
$
(1
)
 
$
2

 
$
1

 
Net of tax
 
 
 
 
 
 
 
 
 
Unrealized gains on AFS securities
 
 
 
 
 
 
 
 
Realized gains on sales of securities
 
$
(63
)
 
$
(56
)
 
$
(72
)
 
Investment income
 
 
24

 
21

 
27

 
Income taxes (benefits)
 
 
$
(39
)
 
$
(35
)
 
$
(45
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans
 
 
 
 
 
 
 
 
Prior-service costs
 
$
(168
)
 
$
(195
)
 
$
(191
)
 
(1) 
 
 
65

 
75

 
74

 
Income taxes (benefits)
 
 
$
(103
)
 
$
(120
)
 
$
(117
)
 
Net of tax
 
 
 
 
 
 
 
 
 
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, Pension and Other Postemployment Benefits for additional details.
(2) Parenthesis represent credits to the Consolidated Statements of Income from AOCI.
FES
 
Year Ended December 31
 
Affected Line Item in Consolidated Statements of Income
Reclassifications from AOCI (2)
 
2014
 
2013
 
2012
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges
 
 
 
 
 
 
 
 
Commodity contracts
 
$
(10
)
 
$
(8
)
 
$
(9
)
 
Other operating expenses
Long-term debt
 
—

 
2

 
—

 
Interest expense - other
 
 
(10
)
 
(6
)
 
(9
)
 
Total before taxes
 
 
4

 
2

 
4

 
Income taxes (benefits)
 
 
$
(6
)
 
$
(4
)
 
$
(5
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Unrealized gains on AFS securities
 
 
 
 
 
 
 
 
Realized gains on sales of securities
 
$
(59
)
 
$
(49
)
 
$
(65
)
 
Investment income
 
 
22

 
18

 
24

 
Income taxes (benefits)
 
 
$
(37
)
 
$
(31
)
 
$
(41
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans
 
 
 
 
 
 
 
 
Prior-service costs
 
$
(19
)
 
$
(20
)
 
$
(20
)
 
(1) 
 
 
7

 
8

 
8

 
Income taxes (benefits)
 
 
$
(12
)
 
$
(12
)
 
$
(12
)
 
Net of tax
 
 
 
 
 
 
 
 
 
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, Pension and Other Postemployment Benefits for additional details.
(2) Parenthesis represent credits to the Consolidated Statements of Income from AOCI.