XML 28 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows (FirstEnergy 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
Impairment of assets and related charges (Note 2) 2,406 10,665 42
Investment impairments, including equity method investments 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
Asset removal costs charged to income 22 54 55
Retirement benefits, net of payments 29 64 (20)
Unrealized (gain) loss on derivative transactions (Note 11) 81 9 (73)
Pension trust contributions 0 (382) (143)
Gain on sale of investment securities held in trusts (63) (50) (23)
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
Accrued compensation and benefits (27) 29 5
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)
Asset removal costs (172) (145) (142)
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
SUPPLEMENTAL CASH FLOW INFORMATION:      
Non-cash transaction: stock contribution to pension plan 0 500 0
Interest (net of amounts capitalized) 1,039 1,050 1,028
Income taxes, net of refunds $ 53 $ (16) $ 37