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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Reconciliation of basic and diluted earnings per share
 
 
Three Months
Ended September 30
 
Nine Months
Ended September 30
Reconciliation of Basic and Diluted Earnings per Share
 
 
of Common Stock
 
2011
 
2010
 
2011
 
2010
 
 
(In millions, except per share amounts)
 
 
 
 
 
 
 
 
 
Earnings Available to FirstEnergy Corp.
 
$
511

 
$
179

 
$
742

 
$
599

 
 
 
 
 
 
 
 
 
Weighted average number of basic shares outstanding(1)
 
418

 
304

 
392

 
304

Assumed exercise of dilutive stock options and awards(2)
 
2

 
1

 
2

 
1

Weighted average number of diluted shares outstanding(1)
 
420

 
305

 
394

 
305

 
 
 
 
 
 
 
 
 
Basic earnings per share of common stock
 
$
1.22

 
$
0.59

 
$
1.89

 
$
1.97

Diluted earnings per share of common stock
 
$
1.22

 
$
0.59

 
$
1.88

 
$
1.96


(1) 
Includes 113 million shares issued to AE shareholders for the periods subsequent to the merger date. (See Note 2)
(2) 
The number of potentially dilutive securities not included in the calculation of diluted shares outstanding due to their antidilutive effect were not significant for the three months and nine months ended September 30, 2011 and 2010.