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Consolidated Statements of Common Stockholders' Equity (FirstEnergy Corp.) - USD ($)
$ in Millions
Total
Common Stock
OPIC
AOCI
Retained Earnings (Accumulated Deficit)
Series A Convertible Preferred Stock
Beginning Balance (in shares) at Dec. 31, 2016   442,000,000       0
Beginning Balance at Dec. 31, 2016 $ 6,241 $ 44 $ 10,555 $ 174 $ (4,532) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income (Loss) (1,724)       (1,724)  
Other comprehensive loss, net of tax (32)     (32)    
Stock-based compensation 36   36      
Cash dividends declared on common stock (639)   (639)      
Reclass to liability awards (7)   (7)      
Stock Investment Plan and certain share-based benefit plans (in shares)   3,000,000        
Stock Investment Plan and certain share-based benefit plans 56   56      
Ending Balance (in shares) at Dec. 31, 2017   445,000,000       0
Ending Balance at Dec. 31, 2017 3,925 $ 44 10,001 142 (6,262) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Impact of adopting new accounting pronouncements (6)       (6)  
Net Income (Loss) 1,348       1,348  
Other comprehensive loss, net of tax (101)     (101)    
Stock-based compensation 60   60      
Cash dividends declared on common stock (906)   (906)      
Cash dividends declared on preferred stock (71)   (71)      
Stock Investment Plan and certain share-based benefit plans (in shares)   4,000,000        
Stock Investment Plan and certain share-based benefit plans 62 $ 1 61      
Stock issuance (Note 11) (in shares) [1]   30,000,000       1,600,000
Stock issuance (Note 11) [1] 2,462 $ 3 2,297     $ 162
Conversion of Series A Convertible Stock (Note 11) (in shares)   33,000,000       (900,000)
Conversion of Series A Convertible Stock (Note 11) $ 0 $ 3 88     $ (91)
Ending Balance (in shares) at Dec. 31, 2018 511,915,450 512,000,000       700,000
Ending Balance at Dec. 31, 2018 $ 6,814 $ 51 11,530 41 (4,879) $ 71
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Impact of adopting new accounting pronouncements 35       35  
Net Income (Loss) 912       912  
Other comprehensive loss, net of tax (21)     (21)    
Stock-based compensation 41   41      
Cash dividends declared on common stock (824)   (824)      
Cash dividends declared on preferred stock (3)   (3)      
Stock Investment Plan and certain share-based benefit plans (in shares)   3,000,000        
Stock Investment Plan and certain share-based benefit plans 56   56      
Conversion of Series A Convertible Stock (Note 11) (in shares)   26,000,000       (700,000)
Conversion of Series A Convertible Stock (Note 11) $ 0 $ 3 68     $ (71)
Ending Balance (in shares) at Dec. 31, 2019 540,652,222 541,000,000       0
Ending Balance at Dec. 31, 2019 $ 6,975 $ 54 $ 10,868 $ 20 $ (3,967) $ 0
[1] The Preferred Stock included an embedded conversion option at a price that is below the fair value of the Common Stock on the commitment date. This beneficial conversion feature (BCF), which was approximately $296 million, was recorded to OPIC as well as the amortization of the BCF (deemed dividend) through the period from the issue date to the first allowable conversion date (July 22, 2018) and as such there is no net impact to OPIC for the year ended December 31, 2018. See Note 1, "Organization and Basis of Presentation - Earnings per share," and Note 11, "Capitalization" for additional information on the BCF and the equity issuance.