Consolidated Balance Sheets (USD $)	Dec. 31, 2011		Dec. 31, 2010
CURRENT ASSETS:
Cash and cash equivalents	$ 202,000,000		$ 1,019,000,000
Receivables-
Customers, net of allowance for uncollectible accounts	1,525,000,000		1,392,000,000
Other, net of allowance for uncollectible accounts	269,000,000		176,000,000
Materials and supplies, at average cost	811,000,000		638,000,000
Prepaid taxes	191,000,000		199,000,000
Derivatives	235,000,000		182,000,000
Prepayments and other	122,000,000		92,000,000
Total current assets	3,355,000,000		3,698,000,000
PROPERTY, PLANT AND EQUIPMENT:
In service	40,122,000,000		30,276,000,000
Less - Accumulated provision for depreciation	11,839,000,000		11,283,000,000
Net plant in service	28,283,000,000		18,993,000,000
Construction work in progress	2,054,000,000		1,517,000,000
Total net property, plant and equipment	30,337,000,000		20,510,000,000
OTHER PROPERTY AND INVESTMENTS:
Nuclear plant decommissioning trusts	2,112,000,000		1,973,000,000
Investments in lease obligation bonds	402,000,000		476,000,000
Other	1,008,000,000		553,000,000
Total other property and investments	3,522,000,000		3,002,000,000
DEFERRED CHARGES AND OTHER ASSETS:
Customer intangibles	803,000,000
Goodwill	6,441,000,000		5,575,000,000
Regulatory assets	2,030,000,000		1,830,000,000
Other	1,641,000,000		916,000,000
Total deferred charges and other assets	10,112,000,000		8,321,000,000
Total assets	47,326,000,000		35,531,000,000
CURRENT LIABILITIES:
Currently payable long-term debt	1,621,000,000		1,486,000,000
Short-term borrowings-
Short-term borrowings	0		700,000,000
Accounts payable-
Accounts payable	1,174,000,000		872,000,000
Accrued taxes	558,000,000		332,000,000
Accrued compensation and benefits	384,000,000		315,000,000
Derivatives	218,000,000		266,000,000
Other	900,000,000		733,000,000
Total current liabilities	4,855,000,000		4,704,000,000
Common stockholders' equity-
Common stock	42,000,000		31,000,000
Other paid-in capital	9,765,000,000		5,444,000,000
Accumulated other comprehensive loss	426,000,000		425,000,000
Retained earnings	3,047,000,000		3,084,000,000
Total common stockholders' equity	13,280,000,000		8,984,000,000
Noncontrolling interest	19,000,000		(32,000,000)
Total equity	13,299,000,000		8,952,000,000
Long-term debt and other long-term obligations	15,716,000,000		12,579,000,000
Total capitalization	29,015,000,000		21,531,000,000
NONCURRENT LIABILITIES:
Accumulated deferred income taxes	5,670,000,000		3,160,000,000
Retirement benefits	2,823,000,000		1,868,000,000
Asset retirement obligations	1,497,000,000		1,407,000,000
Deferred gain on sale and leaseback transaction	925,000,000		959,000,000
Power purchase contract liability	469,000,000		466,000,000
Other	2,072,000,000		1,436,000,000
Total noncurrent liabilities	13,456,000,000		9,296,000,000
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Notes 6 and 16)
Total liabilities and capitalization	47,326,000,000		35,531,000,000
FES
CURRENT ASSETS:
Cash and cash equivalents	7,000,000		9,000,000
Receivables-
Customers, net of allowance for uncollectible accounts	424,000,000		366,000,000
Affiliated companies	600,000,000		478,000,000
Other, net of allowance for uncollectible accounts	61,000,000		90,000,000
Notes receivable from affiliated companies	383,000,000		397,000,000
Materials and supplies, at average cost	492,000,000		545,000,000
Derivatives	219,000,000		181,000,000
Prepayments and other	38,000,000		60,000,000
Total current assets	2,224,000,000		2,126,000,000
PROPERTY, PLANT AND EQUIPMENT:
In service	10,983,000,000		11,427,000,000
Less - Accumulated provision for depreciation	4,110,000,000		4,038,000,000
Net plant in service	6,873,000,000		7,389,000,000
Construction work in progress	1,014,000,000		1,063,000,000
Total net property, plant and equipment	7,887,000,000		8,452,000,000
OTHER PROPERTY AND INVESTMENTS:
Nuclear plant decommissioning trusts	1,223,000,000		1,146,000,000
Other	7,000,000		12,000,000
Total other property and investments	1,230,000,000		1,158,000,000
DEFERRED CHARGES AND OTHER ASSETS:
Customer intangibles	123,000,000		134,000,000
Goodwill	24,000,000		24,000,000
Property taxes	43,000,000		41,000,000
Unamortized sale and leaseback costs	80,000,000		73,000,000
Derivatives	118,000,000		98,000,000
Other	90,000,000		49,000,000
Total deferred charges and other assets	478,000,000		419,000,000
Total assets	11,819,000,000		12,155,000,000
CURRENT LIABILITIES:
Currently payable long-term debt	905,000,000		1,132,000,000
Accounts payable-
Affiliated companies	436,000,000		466,000,000
Other	220,000,000		241,000,000
Accrued taxes	227,000,000		70,000,000
Derivatives	189,000,000		266,000,000
Other	261,000,000		252,000,000
Total current liabilities	2,238,000,000		2,439,000,000
Common stockholders' equity-
Common stock	1,570,000,000		1,567,000,000
Accumulated other comprehensive loss	76,000,000		62,000,000
Retained earnings	1,931,000,000		1,990,000,000
Total common stockholders' equity	3,577,000,000		3,619,000,000
Total equity	3,577,000,000		3,619,000,000
Long-term debt and other long-term obligations	2,799,000,000		3,181,000,000
Total capitalization	6,376,000,000		6,800,000,000
NONCURRENT LIABILITIES:
Accumulated deferred income taxes	286,000,000		67,000,000
Retirement benefits	356,000,000		285,000,000
Asset retirement obligations	904,000,000		892,000,000
Deferred gain on sale and leaseback transaction	925,000,000		959,000,000
Lease market valuation liability	171,000,000		217,000,000
Other	563,000,000		496,000,000
Total noncurrent liabilities	3,205,000,000		2,916,000,000
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Notes 6 and 16)
Total liabilities and capitalization	11,819,000,000		12,155,000,000
FES | Affiliates
Short-term borrowings-
Short-term borrowings	0		12,000,000
Accounts payable-
Accrued taxes	227,000,000		70,000,000
OE
CURRENT ASSETS:
Cash and cash equivalents	26,000,000		420,000,000
Receivables-
Customers, net of allowance for uncollectible accounts	163,000,000		177,000,000
Affiliated companies	86,000,000		118,000,000
Other, net of allowance for uncollectible accounts	41,000,000		12,000,000
Notes receivable from affiliated companies	181,000,000		17,000,000
Prepayments and other	17,000,000		7,000,000
Total current assets	514,000,000		751,000,000
PROPERTY, PLANT AND EQUIPMENT:
In service	3,358,000,000		3,222,000,000
Less - Accumulated provision for depreciation	1,267,000,000		1,218,000,000
Net plant in service	2,091,000,000		2,004,000,000
Construction work in progress	91,000,000		45,000,000
Total net property, plant and equipment	2,182,000,000		2,049,000,000
OTHER PROPERTY AND INVESTMENTS:
Nuclear plant decommissioning trusts	137,000,000		127,000,000
Investments in lease obligation bonds	163,000,000		190,000,000
Other	90,000,000		96,000,000
Total other property and investments	390,000,000		413,000,000
DEFERRED CHARGES AND OTHER ASSETS:
Regulatory assets	363,000,000		403,000,000
Pension assets	5,000,000		29,000,000
Property taxes	81,000,000		71,000,000
Unamortized sale and leaseback costs	25,000,000		30,000,000
Other	14,000,000		18,000,000
Total deferred charges and other assets	488,000,000		551,000,000
Total assets	3,574,000,000		3,764,000,000
CURRENT LIABILITIES:
Currently payable long-term debt	2,000,000		1,000,000
Accounts payable-
Affiliated companies	119,000,000		99,000,000
Other	35,000,000		30,000,000
Accrued taxes	88,000,000		80,000,000
Accrued interest	25,000,000		25,000,000
Other	79,000,000		76,000,000
Total current liabilities	348,000,000		453,000,000
Common stockholders' equity-
Common stock	747,000,000		913,000,000
Accumulated other comprehensive loss	54,000,000		82,000,000
Retained earnings	(84,000,000)		(112,000,000)
Total common stockholders' equity	717,000,000		883,000,000
Noncontrolling interest	5,000,000		6,000,000
Total equity	722,000,000		889,000,000
Long-term debt and other long-term obligations	1,155,000,000		1,152,000,000
Total capitalization	1,877,000,000		2,041,000,000
NONCURRENT LIABILITIES:
Accumulated deferred income taxes	787,000,000		737,000,000
Accumulated deferred investment tax credits	9,000,000		10,000,000
Retirement benefits	213,000,000		184,000,000
Asset retirement obligations	71,000,000		74,000,000
Other	269,000,000		265,000,000
Total noncurrent liabilities	1,349,000,000		1,270,000,000
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Notes 6 and 16)
Total liabilities and capitalization	3,574,000,000		3,764,000,000
OE | Affiliates
Short-term borrowings-
Short-term borrowings	0		142,000,000
CEI
CURRENT ASSETS:
Cash and cash equivalents	244,000		238,000
Receivables-
Customers, net of allowance for uncollectible accounts	91,967,000		183,744,000
Affiliated companies	15,139,000		77,047,000
Other, net of allowance for uncollectible accounts	13,036,000		11,544,000
Notes receivable from affiliated companies	123,712,000		23,236,000
Prepayments and other	12,552,000		3,656,000
Total current assets	256,650,000		299,465,000
PROPERTY, PLANT AND EQUIPMENT:
In service	2,555,617,000		2,460,117,000
Less - Accumulated provision for depreciation	974,229,000		944,617,000
Net plant in service	1,581,388,000		1,515,500,000
Construction work in progress	33,986,000		38,610,000
Total net property, plant and equipment	1,615,374,000		1,554,110,000
OTHER PROPERTY AND INVESTMENTS:
Investment in lessor notes	286,812,000		340,029,000
Other	10,024,000		10,074,000
Total other property and investments	296,836,000		350,103,000
DEFERRED CHARGES AND OTHER ASSETS:
Goodwill	1,688,521,000		1,688,521,000
Regulatory assets	295,284,000		369,829,000
Other	98,928,000		92,100,000
Total deferred charges and other assets	2,082,733,000		2,150,450,000
Total assets	4,251,593,000		4,354,128,000
CURRENT LIABILITIES:
Currently payable long-term debt	743,000		161,000
Accounts payable-
Affiliated companies	31,786,000		32,020,000
Other	8,548,000		14,947,000
Accrued taxes	86,440,000		85,346,000
Accrued interest	18,549,000		18,555,000
Other	34,124,000		44,569,000
Total current liabilities	203,493,000		301,594,000
Common stockholders' equity-
Common stock	865,570,000		863,372,000
Accumulated other comprehensive loss	27,264,000		34,111,000
Retained earnings	388,246,000		381,676,000
Total common stockholders' equity	1,281,080,000		1,279,159,000
Noncontrolling interest	15,195,000		18,017,000
Total equity	1,296,275,000		1,297,176,000
Long-term debt and other long-term obligations	1,834,890,000		1,852,530,000
Total capitalization	3,131,165,000		3,149,706,000
NONCURRENT LIABILITIES:
Accumulated deferred income taxes	662,805,000		647,292,000
Accumulated deferred investment tax credits	10,153,000		10,994,000
Retirement benefits	86,619,000		95,654,000
Other	157,358,000		148,888,000
Total noncurrent liabilities	916,935,000		902,828,000
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Notes 6 and 16)
Total liabilities and capitalization	4,251,593,000		4,354,128,000
CEI | Affiliates
Short-term borrowings-
Short-term borrowings	23,303,000		105,996,000
TE
CURRENT ASSETS:
Cash and cash equivalents	12,000		149,262,000
Receivables-
Customers, net of allowance for uncollectible accounts	49,014,000	[1]	29,000	[1]
Affiliated companies	30,925,000		31,777,000
Other, net of allowance for uncollectible accounts	2,670,000		18,464,000
Notes receivable from affiliated companies	187,086,000		96,765,000
Prepayments and other	7,925,000		2,306,000
Total current assets	277,632,000		298,603,000
PROPERTY, PLANT AND EQUIPMENT:
In service	999,146,000		962,428,000
Less - Accumulated provision for depreciation	464,204,000		450,531,000
Net plant in service	534,942,000		511,897,000
Construction work in progress	11,513,000		12,604,000
Total net property, plant and equipment	546,455,000		524,501,000
OTHER PROPERTY AND INVESTMENTS:
Investment in lessor notes	82,153,000		103,872,000
Nuclear plant decommissioning trusts	83,125,000		75,558,000
Other	1,442,000		1,492,000
Total other property and investments	166,720,000		180,922,000
DEFERRED CHARGES AND OTHER ASSETS:
Goodwill	500,576,000		500,576,000
Regulatory assets	70,235,000		72,588,000
Other	60,895,000		48,740,000
Total deferred charges and other assets	631,706,000		621,904,000
Total assets	1,622,513,000		1,625,930,000
CURRENT LIABILITIES:
Currently payable long-term debt	193,000		199,000
Accounts payable-
Affiliated companies	22,424,000		17,168,000
Other	8,847,000		7,351,000
Accrued taxes	34,850,000		24,623,000
Lease market valuation liability	36,900,000		36,900,000
Other	30,753,000		29,075,000
Total current liabilities	133,967,000		115,316,000
Common stockholders' equity-
Common stock	147,010,000		147,010,000
Other paid-in capital	163,013,000		163,021,000
Accumulated other comprehensive loss	15,078,000		15,086,000
Retained earnings	43,220,000		42,500,000
Total common stockholders' equity	368,321,000		367,617,000
Noncontrolling interest	2,596,000		2,589,000
Total equity	370,917,000		370,206,000
Long-term debt and other long-term obligations	598,869,000		600,493,000
Total capitalization	969,786,000		970,699,000
NONCURRENT LIABILITIES:
Accumulated deferred income taxes	170,385,000		140,715,000
Accumulated deferred investment tax credits	5,499,000		5,930,000
Retirement benefits	50,537,000		71,486,000
Asset retirement obligations	30,745,000		28,762,000
Lease market valuation liability	162,400,000		199,300,000
Other	99,194,000		93,722,000
Total noncurrent liabilities	518,760,000		539,915,000
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Notes 6 and 16)
Total liabilities and capitalization	1,622,513,000		1,625,930,000
JCP&L
CURRENT ASSETS:
Cash and cash equivalents	0		0
Receivables-
Customers, net of allowance for uncollectible accounts	235,000,000		323,000,000
Affiliated companies	0		54,000,000
Other, net of allowance for uncollectible accounts	17,000,000		26,000,000
Notes receivable from affiliated companies	0		177,000,000
Prepaid taxes	33,000,000		11,000,000
Prepayments and other	19,000,000		13,000,000
Total current assets	304,000,000		604,000,000
PROPERTY, PLANT AND EQUIPMENT:
In service	4,872,000,000		4,783,000,000
Less - Accumulated provision for depreciation	1,743,000,000		1,682,000,000
Net plant in service	3,129,000,000		3,101,000,000
Construction work in progress	227,000,000		63,000,000
Total net property, plant and equipment	3,356,000,000		3,164,000,000
OTHER PROPERTY AND INVESTMENTS:
Nuclear plant decommissioning trusts	193,000,000		182,000,000
Nuclear fuel disposal trust	219,000,000		208,000,000
Other	2,000,000		2,000,000
Total other property and investments	414,000,000		392,000,000
DEFERRED CHARGES AND OTHER ASSETS:
Goodwill	1,811,000,000		1,811,000,000
Regulatory assets	408,000,000		514,000,000
Other	32,000,000		28,000,000
Total deferred charges and other assets	2,251,000,000		2,353,000,000
Total assets	6,325,000,000		6,513,000,000
CURRENT LIABILITIES:
Currently payable long-term debt	34,000,000		32,000,000
Accounts payable-
Affiliated companies	19,000,000		29,000,000
Other	101,000,000		158,000,000
Accrued compensation and benefits	41,000,000		35,000,000
Customer deposits	24,000,000		23,000,000
Accrued interest	18,000,000		18,000,000
Other	36,000,000		28,000,000
Total current liabilities	532,000,000		323,000,000
Common stockholders' equity-
Common stock	136,000,000		136,000,000
Other paid-in capital	2,011,000,000		2,509,000,000
Accumulated other comprehensive loss	39,000,000		51,000,000
Retained earnings	121,000,000		(23,000,000)
Total common stockholders' equity	2,307,000,000		2,673,000,000
Long-term debt and other long-term obligations	1,736,000,000		1,770,000,000
Total capitalization	4,043,000,000		4,443,000,000
NONCURRENT LIABILITIES:
Accumulated deferred income taxes	859,000,000		793,000,000
Retirement benefits	170,000,000		182,000,000
Asset retirement obligations	115,000,000		108,000,000
Power purchase contract liability	147,000,000		233,000,000
Nuclear fuel disposal costs	197,000,000		197,000,000
Other	262,000,000		234,000,000
Total noncurrent liabilities	1,750,000,000		1,747,000,000
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Notes 6 and 16)
Total liabilities and capitalization	6,325,000,000		6,513,000,000
JCP&L | Affiliates
Short-term borrowings-
Short-term borrowings	259,000,000		0
Met-Ed
CURRENT ASSETS:
Cash and cash equivalents	157,000		243,220,000
Receivables-
Customers, net of allowance for uncollectible accounts	138,587,000		178,522,000
Affiliated companies	11,697,000		24,920,000
Other, net of allowance for uncollectible accounts	17,345,000		13,007,000
Notes receivable from affiliated companies	0		11,028,000
Prepaid taxes	333,000		343,000
Prepayments and other	2,741,000		2,289,000
Total current assets	170,860,000		473,329,000
PROPERTY, PLANT AND EQUIPMENT:
In service	2,475,890,000		2,393,501,000
Less - Accumulated provision for depreciation	887,186,000		862,517,000
Net plant in service	1,588,704,000		1,530,984,000
Construction work in progress	46,868,000		23,663,000
Total net property, plant and equipment	1,635,572,000		1,554,647,000
OTHER PROPERTY AND INVESTMENTS:
Nuclear plant decommissioning trusts	309,946,000		289,328,000
Other	865,000		884,000
Total other property and investments	310,811,000		290,212,000
DEFERRED CHARGES AND OTHER ASSETS:
Goodwill	416,499,000		416,499,000
Regulatory assets	328,623,000		295,908,000
Power purchase contract asset	48,868,000		111,562,000
Other	16,304,000		31,699,000
Total deferred charges and other assets	810,294,000		855,668,000
Total assets	2,927,537,000		3,173,856,000
CURRENT LIABILITIES:
Currently payable long-term debt	29,020,000		28,760,000
Accounts payable-
Affiliated companies	21,092,000		33,942,000
Other	42,819,000		29,862,000
Accrued taxes	10,056,000		61,338,000
Accrued interest	15,996,000		16,114,000
Other	32,015,000		29,278,000
Total current liabilities	408,561,000		323,373,000
Common stockholders' equity-
Accumulated other comprehensive loss	27,528,000		37,424,000
Total common stockholders' equity	806,600,000		1,127,939,000
Long-term debt and other long-term obligations	703,525,000		718,860,000
Total capitalization	1,510,125,000		1,846,799,000
NONCURRENT LIABILITIES:
Accumulated deferred income taxes	539,511,000		526,467,000
Accumulated deferred investment tax credits	6,445,000		6,866,000
Retirement benefits	42,055,000		29,121,000
Asset retirement obligations	205,891,000		192,659,000
Power purchase contract liability	79,188,000		116,027,000
Nuclear fuel disposal costs	44,476,000		44,449,000
Other	91,285,000		88,095,000
Total noncurrent liabilities	1,008,851,000		1,003,684,000
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Notes 6 and 16)
Total liabilities and capitalization	2,927,537,000		3,173,856,000
Met-Ed | Affiliates
Short-term borrowings-
Short-term borrowings	257,563,000		124,079,000
Penelec
CURRENT ASSETS:
Cash and cash equivalents	2,000		5,000
Receivables-
Customers, net of allowance for uncollectible accounts	125,979,000		148,864,000
Affiliated companies	18,339,000		54,052,000
Other, net of allowance for uncollectible accounts	21,833,000		11,314,000
Notes receivable from affiliated companies	0		14,404,000
Prepaid taxes	7,065,000		14,026,000
Prepayments and other	2,406,000		1,592,000
Total current assets	175,624,000		244,257,000
PROPERTY, PLANT AND EQUIPMENT:
In service	2,814,374,000		2,714,541,000
Less - Accumulated provision for depreciation	982,265,000		955,314,000
Net plant in service	1,832,109,000		1,759,227,000
Construction work in progress	57,177,000		30,505,000
Total net property, plant and equipment	1,889,286,000		1,789,732,000
OTHER PROPERTY AND INVESTMENTS:
Nuclear plant decommissioning trusts	165,921,000		152,928,000
Non-utility generation trusts	95,687,000		80,244,000
Other	288,000		297,000
Total other property and investments	261,896,000		233,469,000
DEFERRED CHARGES AND OTHER ASSETS:
Goodwill	768,628,000		768,628,000
Regulatory assets	209,178,000		163,428,000
Other	17,025,000		25,033,000
Total deferred charges and other assets	994,831,000		957,089,000
Total assets	3,321,637,000		3,224,547,000
CURRENT LIABILITIES:
Currently payable long-term debt	45,522,000		45,000,000
Accounts payable-
Affiliated companies	36,602,000		35,626,000
Other	29,423,000		41,420,000
Accrued taxes	9,311,000		6,531,000
Accrued interest	17,455,000		17,378,000
Other	26,045,000		22,541,000
Total current liabilities	222,258,000		269,834,000
Common stockholders' equity-
Common stock	88,552,000		88,552,000
Other paid-in capital	913,443,000		913,519,000
Accumulated other comprehensive loss	37,053,000		50,382,000
Retained earnings	(97,806,000)		(90,879,000)
Total common stockholders' equity	941,242,000		961,574,000
Long-term debt and other long-term obligations	1,075,781,000		1,072,262,000
Total capitalization	2,017,023,000		2,033,836,000
NONCURRENT LIABILITIES:
Accumulated deferred income taxes	498,754,000		437,532,000
Retirement benefits	262,500,000		187,621,000
Asset retirement obligations	104,865,000		98,132,000
Power purchase contract liability	123,031,000		116,972,000
Other	93,206,000		80,620,000
Total noncurrent liabilities	1,082,356,000		920,877,000
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Notes 6 and 16)
Total liabilities and capitalization	3,321,637,000		3,224,547,000
Penelec | Affiliates
Short-term borrowings-
Short-term borrowings	$ 57,900,000		$ 101,338,000

[1] During 2011, TE's accounts receivable financing arrangement with Centerior Funding Corporation was terminated.