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Earnings Per Share
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Basic earnings per share of common stock are computed using the weighted average number of common shares outstanding during the relevant period as the denominator. The denominator for diluted earnings per share of common stock reflects the weighted average of common shares outstanding plus the potential additional common shares that could result if dilutive securities and other agreements to issue common stock were exercised. The following table reconciles basic and diluted earnings per share of common stock:
 
 
Three Months
Ended March 31
Reconciliation of Basic and Diluted Earnings per Share of Common Stock
 
2012
 
2011
 
 
(In millions, except per share amounts)
 
 
 
 
 
Weighted average number of basic shares outstanding
 
418

 
342

Assumed exercise of dilutive stock options and awards(1)
 
2

 
1

Weighted average number of diluted shares outstanding
 
420

 
343

 
 
 
 
 
Earnings Available to FirstEnergy Corp.
 
$
306

 
$
52

 
 
 
 
 
Basic earnings per share of common stock
 
$
0.73

 
$
0.15

Diluted earnings per share of common stock
 
$
0.73

 
$
0.15

(1) 
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 ended March 31, 2012 and 2011.