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Consolidated Balance Sheets (FirstEnergy Corp.) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 131 $ 85
Receivables-    
Customers, net of allowance for uncollectible accounts of $69 in 2015 and $59 in 2014 1,415 1,554
Other, net of allowance for uncollectible accounts of $5 in 2015 and 2014 180 225
Materials and supplies, at average cost 785 817
Prepaid taxes 135 128
Derivatives 157 159
Collateral 70 230
Other 167 160
Total current assets 3,040 3,358
PROPERTY, PLANT AND EQUIPMENT:    
In service 49,952 47,484
Less - Accumulated provision for depreciation 15,160 14,150
Property, plant and equipment in service net of accumulated provision for depreciation 34,792 33,334
Construction work in progress 2,422 2,449
Total net property, plant and equipment 37,214 35,783
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,282 2,341
Other 506 881
Total other property and investments 2,788 3,222
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 6,418 6,418
Regulatory assets 1,348 1,411
Other 1,379 1,456
Total deferred charges and other assets 9,145 9,285
Total assets 52,187 51,648
CURRENT LIABILITIES:    
Currently payable long-term debt 1,166 804
Short-term borrowings 1,708 1,799
Accounts payable 1,075 1,279
Accrued taxes 519 490
Accrued compensation and benefits 334 329
Derivatives 106 167
Other 694 693
Total current liabilities 5,602 5,561
Common stockholders' equity-    
Common stock, $0.10 par value, authorized 490,000,000 shares - 423,560,397 and 421,102,570 shares outstanding as of December 31, 2015 and December 31, 2014, respectively 42 42
Other paid-in capital 9,952 9,847
Accumulated other comprehensive income 171 246
Retained earnings 2,256 2,285
Total common stockholders' equity 12,421 12,420
Noncontrolling interest 1 2
Total equity 12,422 12,422
Long-term debt and other long-term obligations 19,192 19,176
Total capitalization 31,614 31,598
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 6,773 6,539
Retirement benefits 4,245 3,932
Asset retirement obligations 1,410 1,387
Deferred gain on sale and leaseback transaction 791 824
Adverse power contract liability 197 217
Other 1,555 1,590
Total noncurrent liabilities $ 14,971 $ 14,489
COMMITMENTS, GUARANTEES AND CONTINGENCIES
Total liabilities and capitalization $ 52,187 $ 51,648