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Consolidated Balance Sheets (FirstEnergy Corp.) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 146 $ 131
Receivables-    
Customers, net of allowance for uncollectible accounts of $64 in 2016 and $69 in 2015 1,432 1,415
Other, net of allowance for uncollectible accounts of $5 in 2016 and 2015 162 180
Materials and supplies 781 785
Prepaid taxes 267 135
Derivatives 207 157
Collateral 80 70
Other 155 167
Total current assets 3,230 3,040
PROPERTY, PLANT AND EQUIPMENT:    
In service 50,371 49,952
Less - Accumulated provision for depreciation 15,421 15,160
Property, plant and equipment in service net of accumulated provision for depreciation 34,950 34,792
Construction work in progress 2,694 2,422
Total net property, plant and equipment 37,644 37,214
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,360 2,282
Other 526 506
Total other property and investments 2,886 2,788
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 6,418 6,418
Regulatory assets 1,279 1,348
Other 1,238 1,286
Total deferred charges and other assets 8,935 9,052
Total assets 52,695 52,094
CURRENT LIABILITIES:    
Currently payable long-term debt 1,355 1,166
Short-term borrowings 2,125 1,708
Accounts payable 1,000 1,075
Accrued taxes 513 519
Accrued compensation and benefits 309 334
Derivatives 117 106
Other 970 694
Total current liabilities 6,389 5,602
Common stockholders' equity-    
Common stock, $0.10 par value, authorized 490,000,000 shares - 424,712,431 and 423,560,397 shares outstanding as of March 31, 2016 and December 31, 2015, respectively 42 42
Other paid-in capital 9,963 9,952
Accumulated other comprehensive income 179 171
Retained earnings 2,279 2,256
Total common stockholders' equity 12,463 12,421
Noncontrolling interest 1 1
Total equity 12,464 12,422
Long-term debt and other long-term obligations 18,878 19,099
Total capitalization 31,342 31,521
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 6,996 6,773
Retirement benefits 4,135 4,245
Asset retirement obligations 1,427 1,410
Deferred gain on sale and leaseback transaction 782 791
Adverse power contract liability 194 197
Other 1,430 1,555
Total noncurrent liabilities $ 14,964 $ 14,971
COMMITMENTS, GUARANTEES AND CONTINGENCIES
Total liabilities and capitalization $ 52,695 $ 52,094