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Consolidated Statements of Cash Flows (FirstEnergy Solutions Corp.) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ (1,724) $ (6,177) $ 578
Adjustments to reconcile net income (loss) to net cash from operating activities-      
Depreciation and amortization, including nuclear fuel, intangible assets and deferred debt-related costs 1,700 1,974 1,826
Investment impairments 13 21 464
Pension and OPEB mark-to-market adjustment 141 147 242
Deferred income taxes and investment tax credits, net 839 (3,063) 284
Deferred costs on sale leaseback transaction, net 49 49 48
Impairment of assets and related charges (Note 2) 2,406 10,665 42
Pension trust contribution 0 (382) (143)
Gain on investment securities held in trusts (63) (50) (23)
Unrealized (gain) loss on derivative transactions (Note 11) 81 9 (73)
Lease payments on sale and leaseback transaction (73) (120) (131)
Changes in current assets and liabilities-      
Receivables (39) (11) 184
Materials and supplies (6) 41 (15)
Prepaid taxes and other 30 27 (10)
Accounts payable 72 (37) (243)
Accrued taxes (9) 61 29
Other current liabilities 20 56 69
Cash collateral, net 27 (116) 140
Other 320 142 152
Net cash provided from operating activities 3,808 3,383 3,460
New financing-      
Long-term debt 4,675 1,976 1,311
Short-term borrowings, net 0 975 0
Redemptions and Repayments-      
Long-term debt (2,291) (2,331) (879)
Short-term borrowings, net (2,375) 0 (91)
Common stock dividend payments (639) (611) (607)
Other (72) (43) (26)
Net cash used for financing activities (702) (34) (292)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Property additions (2,587) (2,835) (2,704)
Nuclear fuel (254) (232) (190)
Proceeds from asset sales 388 15 20
Sales of investment securities held in trusts 2,170 1,678 1,534
Purchases of investment securities held in trusts (2,268) (1,789) (1,648)
Other 7 27 8
Net cash used for investing activities (2,716) (3,281) (3,122)
Net change in cash and cash equivalents 390 68 46
Cash and cash equivalents at beginning of period 199 131 85
Cash and cash equivalents at end of period 589 199 131
Cash paid (received) during the year -      
Interest (net of amounts capitalized) 1,039 1,050 1,028
Income taxes, net of refunds 53 (16) 37
FES      
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) (2,391) (5,455) 82
Adjustments to reconcile net income (loss) to net cash from operating activities-      
Depreciation and amortization, including nuclear fuel, intangible assets and deferred debt-related costs 333 633 579
Investment impairments 13 19 90
Pension and OPEB mark-to-market adjustment 24 48 57
Deferred income taxes and investment tax credits, net 455 (2,920) 119
Deferred costs on sale leaseback transaction, net 49 49 48
Impairment of assets and related charges (Note 2) 2,031 8,622 33
Pension trust contribution 0 (138) 0
Gain on investment securities held in trusts (62) (48) (24)
Unrealized (gain) loss on derivative transactions (Note 11) 78 9 (74)
Lease payments on sale and leaseback transaction (73) (120) (131)
Changes in current assets and liabilities-      
Receivables 282 89 277
Materials and supplies (24) 26 (25)
Prepaid taxes and other 43 (8) 14
Accounts payable (167) (30) (76)
Accrued taxes (71) 76 (26)
Other current liabilities 0 15 43
Cash collateral, net 27 (87) 159
Other 180 6 7
Net cash provided from operating activities 727 786 1,152
New financing-      
Long-term debt 0 471 341
Short-term borrowings, net 4 101 0
Redemptions and Repayments-      
Long-term debt (163) (507) (411)
Short-term borrowings, net 0 0 (126)
Common stock dividend payments 0 0 (70)
Other (7) (9) (7)
Net cash used for financing activities (166) 56 (273)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Property additions (275) (546) (627)
Nuclear fuel (254) (232) (190)
Proceeds from asset sales 0 9 13
Sales of investment securities held in trusts 940 717 733
Purchases of investment securities held in trusts (999) (783) (791)
Cash investments (3) 10 (10)
Loans to affiliated companies, net 29 (18) (11)
Other 0 1 4
Net cash used for investing activities (562) (842) (879)
Net change in cash and cash equivalents (1) 0 0
Cash and cash equivalents at beginning of period 2 2 2
Cash and cash equivalents at end of period 1 2 2
Cash paid (received) during the year -      
Interest (net of amounts capitalized) 128 111 114
Income taxes, net of refunds (152) (193) (5)
Non-cash transaction: Affiliated net asset transfer (Note 14) $ 73 $ 28 $ 0