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Consolidated Balance Sheets (FirstEnergy Corp.) - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 589 $ 199
Receivables-    
Customers, net of allowance for uncollectible accounts of $51 in 2017 and $53 in 2016 1,463 1,440
Other, net of allowance for uncollectible accounts of $1 in 2017 and 2016 191 175
Materials and supplies, at average cost 463 564
Derivatives 37 140
Collateral 146 176
Prepaid taxes and other 219 256
Total current assets 3,108 2,950
PROPERTY, PLANT AND EQUIPMENT:    
In service 39,778 43,767
Less — Accumulated provision for depreciation 11,925 15,731
Property, plant and equipment in service net of accumulated provision for depreciation 27,853 28,036
Construction work in progress 1,026 1,351
Total net property, plant and equipment 28,879 29,387
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,678 2,514
Other 506 512
Total other property and investments 3,184 3,026
ASSETS HELD FOR SALE (Note 2) 375 0
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 5,618 5,618
Regulatory assets 40 1,014
Other 1,053 1,153
Total deferred charges and other assets 6,711 7,785
Total assets 42,257 43,148
CURRENT LIABILITIES:    
Currently payable long-term debt 1,082 1,685
Short-term borrowings 300 2,675
Accounts payable 1,027 1,043
Accrued taxes 571 580
Accrued compensation and benefits 336 363
Collateral 39 42
Other 722 738
Total current liabilities 4,077 7,126
Common stockholders’ equity-    
Common stock, $0.10 par value, authorized 700,000,000 and 490,000,000 shares - 445,334,111 and 442,344,218 shares outstanding as of December 31, 2017 and December 31, 2016, respectively 44 44
Other paid-in capital 10,001 10,555
Accumulated other comprehensive income 142 174
Accumulated deficit (6,262) (4,532)
Total common stockholders' equity 3,925 6,241
Long-term debt and other long-term obligations 21,115 18,192
Total capitalization 25,040 24,433
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 1,359 3,765
Retirement benefits 3,975 3,719
Regulatory liabilities 2,720 157
Asset retirement obligations 2,515 1,482
Deferred gain on sale and leaseback transaction 723 757
Adverse power contract liability 130 162
Other 1,718 1,547
Total noncurrent liabilities 13,140 11,589
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 16)
Total liabilities and capitalization $ 42,257 $ 43,148