XML 29 R37.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value Measurements (Details 1) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2012
Dec. 31, 2011
Non Utility Generation contract
   
Reconciliation of changes in the fair value of NUG contracts    
Beginning Balance, Derivative Asset $ 57 [1] $ 122 [1]
Beginning Balance, Derivative Liability (349) [1] (466) [1]
Beginning Balance, Derivative, Total (292) [1] (344) [1]
Realized gain (loss), Derivative Asset 0 [1] 0 [1]
Realized gain (loss), Derivative Liability 0 [1] 0 [1]
Realized gain (loss), Derivative Total 0 [1] 0 [1]
Unrealized gain (loss), Derivative Asset (14) [1] (58) [1]
Unrealized gain (loss), Derivative Liability (65) [1] (144) [1]
Unrealized gain (loss), Derivative total (79) [1] (202) [1]
Purchases, Derivative Asset 0 [1] 0 [1]
Purchases, Derivative Liability 0 [1] 0 [1]
Purchases, Derivative Asset and Liability, total 0 [1] 0 [1]
Issuances, Derivative Asset 0 [1] 0 [1]
Issuances, Derivative Liability 0 [1] 0 [1]
Issuances, Derivative Asset and Liability, total 0 [1] 0 [1]
Sales, Derivative Asset 0 [1] 0 [1]
Sales, Derivative Liability 0 [1] 0 [1]
Sales, Derivative Asset and Liability, total 0 [1] 0 [1]
Settlements, Derivative Asset (1) [1] (7) [1]
Settlements, Derivative Liability 72 [1] 261 [1]
Settlements, Derivative Asset and Liability, total 71 [1] 254 [1]
Transfers into Level 3, Derivative Asset 0 [1] 0 [1]
Transfers into Level 3, Derivative Liability 0 [1] 0 [1]
Transfers into Level 3, Derivative Asset and Liability, total 0 [1] 0 [1]
Ending Balance, Derivative Asset 42 [1] 57 [1]
Ending Balance, Derivative Liability (342) [1] (349) [1]
Ending Balance, Derivative, Total (300) [1] (292) [1]
Non Utility Generation contract | JCP&L
   
Reconciliation of changes in the fair value of NUG contracts    
Beginning Balance, Derivative Asset 4 [2] 6 [2]
Beginning Balance, Derivative Liability (147) [2] (233) [2]
Beginning Balance, Derivative, Total (143) [2] (227) [2]
Realized gain (loss), Derivative Asset 0 [2] 0 [2]
Realized gain (loss), Derivative Liability 0 [2] 0 [2]
Realized gain (loss), Derivative Total 0 [2] 0 [2]
Unrealized gain (loss), Derivative Asset 0 [2] (2) [2]
Unrealized gain (loss), Derivative Liability (6) [2] (11) [2]
Unrealized gain (loss), Derivative total (6) [2] (13) [2]
Purchases, Derivative Asset 0 [2] 0 [2]
Purchases, Derivative Liability 0 [2] 0 [2]
Purchases, Derivative Asset and Liability, total 0 [2] 0 [2]
Issuances, Derivative Asset 0 [2] 0 [2]
Issuances, Derivative Liability 0 [2] 0 [2]
Issuances, Derivative Asset and Liability, total 0 [2] 0 [2]
Sales, Derivative Asset 0 [2] 0 [2]
Sales, Derivative Liability 0 [2] 0 [2]
Sales, Derivative Asset and Liability, total 0 [2] 0 [2]
Settlements, Derivative Asset 0 [2] 0 [2]
Settlements, Derivative Liability 17 [2] 97 [2]
Settlements, Derivative Asset and Liability, total 17 [2] 97 [2]
Transfers into Level 3, Derivative Asset 0 [2] 0 [2]
Transfers into Level 3, Derivative Liability 0 [2] 0 [2]
Transfers into Level 3, Derivative Asset and Liability, total 0 [2] 0 [2]
Ending Balance, Derivative Asset 4 [2] 4 [2]
Ending Balance, Derivative Liability (136) [2] (147) [2]
Ending Balance, Derivative, Total (132) [2] (143) [2]
FTRs
   
Reconciliation of changes in the fair value of NUG contracts    
Beginning Balance, Derivative Asset 1 [1] 0 [1]
Beginning Balance, Derivative Liability (23) [1] 0 [1]
Beginning Balance, Derivative, Total (22) [1] 0 [1]
Realized gain (loss), Derivative Asset 0 [1] 0 [1]
Realized gain (loss), Derivative Liability 0 [1] 0 [1]
Realized gain (loss), Derivative Total 0 [1] 0 [1]
Unrealized gain (loss), Derivative Asset 0 [1] 2 [1]
Unrealized gain (loss), Derivative Liability (3) [1] (27) [1]
Unrealized gain (loss), Derivative total (3) [1] (25) [1]
Purchases, Derivative Asset 0 [1] 13 [1]
Purchases, Derivative Liability 0 [1] (4) [1]
Purchases, Derivative Asset and Liability, total 0 [1] 9 [1]
Issuances, Derivative Asset 0 [1] 0 [1]
Issuances, Derivative Liability 0 [1] 0 [1]
Issuances, Derivative Asset and Liability, total 0 [1] 0 [1]
Sales, Derivative Asset 0 [1] 0 [1]
Sales, Derivative Liability 0 [1] 0 [1]
Sales, Derivative Asset and Liability, total 0 [1] 0 [1]
Settlements, Derivative Asset 0 [1] (14) [1]
Settlements, Derivative Liability 11 [1] 20 [1]
Settlements, Derivative Asset and Liability, total 11 [1] 6 [1]
Transfers into Level 3, Derivative Asset 0 [1]   
Transfers into Level 3, Derivative Liability 0 [1] (12) [1]
Transfers into Level 3, Derivative Asset and Liability, total 0 [1] (12) [1]
Ending Balance, Derivative Asset 1 [1] 1 [1]
Ending Balance, Derivative Liability (15) [1] (23) [1]
Ending Balance, Derivative, Total (14) [1] (22) [1]
FTRs | FES
   
Reconciliation of changes in the fair value of NUG contracts    
Beginning Balance, Derivative Asset 1 0
Beginning Balance, Derivative Liability (7) 0
Beginning Balance, Derivative, Total (6) 0
Realized gain (loss), Derivative Asset 0 0
Realized gain (loss), Derivative Liability 0 0
Realized gain (loss), Derivative Total 0 0
Unrealized gain (loss), Derivative Asset 0 4
Unrealized gain (loss), Derivative Liability (1) (8)
Unrealized gain (loss), Derivative total (1) (4)
Purchases, Derivative Asset 0 2
Purchases, Derivative Liability 0 (1)
Purchases, Derivative Asset and Liability, total 0 1
Issuances, Derivative Asset 0 0
Issuances, Derivative Liability 0 0
Issuances, Derivative Asset and Liability, total 0 0
Sales, Derivative Asset 0 0
Sales, Derivative Liability 0 0
Sales, Derivative Asset and Liability, total 0 0
Settlements, Derivative Asset 0 (5)
Settlements, Derivative Liability 4 2
Settlements, Derivative Asset and Liability, total 4 (3)
Transfers into Level 3, Derivative Asset 0 0
Transfers into Level 3, Derivative Liability 0 0
Transfers into Level 3, Derivative Asset and Liability, total 0 0
Ending Balance, Derivative Asset 1 1
Ending Balance, Derivative Liability (4) (7)
Ending Balance, Derivative, Total $ (3) $ (6)
[1] Changes in the fair value of NUG contracts are generally subject to regulatory accounting and do not impact earnings.
[2] Changes in the fair value of NUG contracts are subject to regulatory accounting and do not impact earnings.