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Consolidated Statements of Common Stockholders' Equity (FirstEnergy Corp.) - USD ($)
$ in Millions
Total
Common Stock
OPIC
AOCI
Accumulated Deficit
Series A Convertible Preferred Stock
Beginning Balance (in shares) at Dec. 31, 2017   445,000,000       0
Beginning Balance at Dec. 31, 2017 $ 3,925 $ 44 $ 10,001 $ 142 $ (6,262) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
NET INCOME 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 0 $ 3 88     $ (91)
Ending Balance (in shares) at Dec. 31, 2018   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 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 $ 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Impact of adopting new accounting pronouncements 6,975          
NET INCOME 1,079       1,079  
Other comprehensive loss, net of tax (25)     (25)    
Stock-based compensation 26   26      
Cash dividends declared on common stock (846)   (846)      
Stock Investment Plan and certain share-based benefit plans (in shares)   2,000,000        
Stock Investment Plan and certain share-based benefit plans $ 28   28      
Ending Balance (in shares) at Dec. 31, 2020 543,117,533 543,000,000       0
Ending Balance at Dec. 31, 2020 $ 7,237 $ 54 $ 10,076 $ (5) $ (2,888) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Impact of adopting new accounting pronouncements $ 7,237          
[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 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.