XML 25 R11.htm IDEA: XBRL DOCUMENT v3.19.1
Pension and Other Postemployment Benefits
 3 Months Ended
Mar. 31, 2019
Retirement Benefits [Abstract]  
PENSIONS AND OTHER POSTEMPLOYMENT BENEFITS
PENSION AND OTHER POSTEMPLOYMENT BENEFITS
The components of the consolidated net periodic costs (credits) for pension and OPEB were as follows:
Components of Net Periodic Benefit Costs (Credits)
 
Pension
OPEB
For the Three Months Ended March 31,
 
2019
 
2018
 
2019
 
2018
 
 
(In millions)
Service costs (1)
 
$
48

 
$
56

 
$
1

 
$
1

Interest costs (2)
 
93

 
93

 
5

 
6

Expected return on plan assets (2)
 
(135
)
 
(144
)
 
(7
)
 
(8
)
Amortization of prior service costs (credits) (2)
 
2

 
2

 
(9
)
 
(20
)
Special termination costs (2)
 
15

 
—

 
—

 
—

Net periodic costs (credits), including amounts capitalized
 
$
23

 
$
7

 
$
(10
)
 
$
(21
)
Net periodic costs (credits), recognized in earnings
 
$
6

 
$
(14
)
 
$
(10
)
 
$
(21
)
 
 
 
 
 
 
 
 
 

(1) Service costs, net of capitalization, are reported within Other operating expenses on FirstEnergy's Consolidated Statements of Income.
(2) Non-service costs are reported within Miscellaneous income, net, within Other Income (Expense) on FirstEnergy's Consolidated Statements of Income.

Amounts in the tables above include FES and FENOC's share of the net periodic pension and OPEB costs (credits) of $11 million and $(1) million, respectively, for the three months ended March 31, 2019. FES and FENOC's share of the net periodic pension and OPEB costs (credits) were $13 million and $(10) million, respectively, for the three months ended March 31, 2018. The 2018 amounts and 2019 special termination costs associated with FES' voluntary enhanced retirement package are a component of Discontinued Operations in FirstEnergy's Consolidated Statements of Income. Following FES and FENOC’s voluntary bankruptcy filing and resolution of certain disputed pension and service charges discussed in Note 1, "Organization and Basis of Presentation", FE has billed FES and FENOC $10 million for their share of pension and OPEB service costs for the three months ended March 31, 2019.
On February 1, 2019, FirstEnergy made a $500 million voluntary cash contribution to the qualified pension plan. As a result of this contribution, FirstEnergy expects no required contributions through 2021.