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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Future Amortization
As of December 31, 2014, 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
 
2014
 
2015
 
2016
 
2017
 
2018
 
2019
 
Thereafter
NUG contracts(1)
 
$
124

 
$
20

 
$
104

 
$
5

 
$
5

 
$
5

 
$
5

 
$
5

 
$
5

 
$
79

OVEC
 
54

 
7

 
47

 
2

 
2

 
2

 
2

 
2

 
2

 
37

Coal contracts(2)(3)
 
556

 
289

 
267

 
55

 
51

 
51

 
45

 
30

 
30

 
19

FES customer contracts
 
148

 
70

 
78

 
18

 
17

 
17

 
16

 
14

 
13

 
1

 
 
$
882

 
$
386

 
$
496

 
$
80

 
$
75

 
$
75

 
$
68

 
$
51

 
$
50

 
$
136


(1)
NUG contracts are subject to regulatory accounting and their amortization does not impact earnings.
(2)
A gross amount of $40 million ($29 million, net) of the coal contracts is related to FES. The 2014 and estimated 2015 to 2019 amortization expense for FES is $5.7 million annually.
(3)
A gross amount of $102 million ($41 million, net) of the coal contracts was recorded with a regulatory offset and the amortization does not impact earnings.