Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2020

The following tables show the changes in AOCI for the three months ended March 31, 2020 and 2019:



	Gains & Losses on Cash Flow Hedges ⁽¹⁾			Defined Benefit Pension & OPEB Plans			Total
	(In millions)
AOCI Balance, January 1, 2020	$	(9	)	$	29		$	20

Amounts reclassified from AOCI	—			(23		)	(23		)
Other comprehensive loss	—			(23		)	(23		)
Income tax benefits on other comprehensive loss	—			(5		)	(5		)
Other comprehensive loss, net of tax	—			(18		)	(18		)

AOCI Balance, March 31, 2020	$	(9	)	$	11		$	2

AOCI Balance, January 1, 2019	$	(11	)	$	52		$	41

Amounts reclassified from AOCI	1			(7		)	(6		)
Other comprehensive income (loss)	1			(7		)	(6		)
Income tax benefits on other comprehensive loss	—			(1		)	(1		)
Other comprehensive income (loss), net of tax	1			(6		)	(5		)

AOCI Balance, March 31, 2019	$	(10	)	$	46		$	36

⁽¹⁾Relates to previous cash flow hedges used to hedge fixed rate long-term debt securities prior to their issuance.

The following amounts were reclassified from AOCI in the three months ended March 31, 2020 and 2019:



	For the Three Months Ended March 31,						Affected Line Item in Consolidated Statements of Income
Reclassifications from AOCI⁽¹⁾	2020			2019			Affected Line Item in Consolidated Statements of Income
	(In millions)
Gains & losses on cash flow hedges
Long-term debt	$	—		$	1		Interest expense
	$	—		$	1		Net of tax

Defined benefit pension and OPEB plans
Prior-service costs	$	(23	)	$	(7	)	⁽²⁾
	5			1			Income taxes
	$	(18	)	$	(6	)	Net of tax

⁽¹⁾Amounts in parenthesis represent credits to the Consolidated Statements of Income from AOCI.
⁽²⁾ Prior-service costs are reported within Miscellaneous income, net, within Other Income (Expense) on FirstEnergy’s Consolidated Statements of Income. Components are included in the computation of net periodic cost (credits), see Note 5, “Pension and Other Post-Employment Benefits.”