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Consolidated Balance Sheets (Unaudited) (Jersey Central Power & Light Company) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Receivables-    
Customers, net of allowance for uncollectible accounts $ 1,635 $ 1,525
Other 263 269
Prepaid taxes 248 191
Other 171 122
Total current assets 3,608 3,355
UTILITY PLANT:    
In service 41,167 40,122
Less - Accumulated provision for depreciation 12,336 11,839
Property, plant and equipment in service net of accumulated provision for depreciation 28,831 28,283
Construction work in progress 1,937 2,054
Total net property, plant and equipment 30,768 30,337
OTHER PROPERTY AND INVESTMENTS:    
Nuclear plant decommissioning trusts 2,153 2,112
Other 1,039 1,008
Total other property and investments 3,518 3,522
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 6,444 6,441
Regulatory assets 2,122 2,030
Other 1,588 1,641
Total deferred charges and other assets 10,154 10,112
Total assets 48,048 47,326
CURRENT LIABILITIES:    
Currently payable long-term debt 1,577 1,621
Accounts payable-    
Accrued compensation and benefits 288 384
Other 617 900
Total current liabilities 6,082 4,855
Common stockholders' equity-    
Common stock 42 42
Other paid-in capital 9,756 9,765
Accumulated other comprehensive income 389 426
Retained earnings (Accumulated deficit) 3,310 3,047
Total common stockholders' equity 13,497 13,280
Long-term debt and other long-term obligations 15,159 15,716
Total capitalization 28,671 29,015
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 6,042 5,670
Retirement benefits 2,257 2,823
Asset retirement obligations 1,548 1,497
Other 1,980 2,072
Total noncurrent liabilities 13,295 13,456
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 9)      
Total liabilities and capitalization 48,048 47,326
JCP&L
   
Receivables-    
Customers, net of allowance for uncollectible accounts 227 235
Affiliated companies 12 0
Other 23 17
Prepaid taxes 108 33
Other 22 19
Total current assets 392 304
UTILITY PLANT:    
In service 5,067 4,872
Less - Accumulated provision for depreciation 1,779 1,743
Property, plant and equipment in service net of accumulated provision for depreciation 3,288 3,129
Construction work in progress 125 227
Total net property, plant and equipment 3,413 3,356
OTHER PROPERTY AND INVESTMENTS:    
Nuclear fuel disposal trust 227 219
Nuclear plant decommissioning trusts 196 193
Other 2 2
Total other property and investments 425 414
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 1,811 1,811
Regulatory assets 523 408
Other 33 32
Total deferred charges and other assets 2,367 2,251
Total assets 6,597 6,325
CURRENT LIABILITIES:    
Currently payable long-term debt 35 34
Short-term borrowings-    
Other 80 0
Accounts payable-    
Affiliated companies 16 19
Other 101 101
Accrued compensation and benefits 33 41
Customer deposits 24 24
Accrued interest 18 18
Other 21 36
Total current liabilities 666 532
Common stockholders' equity-    
Common stock 136 136
Other paid-in capital 2,011 2,011
Accumulated other comprehensive income 34 39
Retained earnings (Accumulated deficit) 136 121
Total common stockholders' equity 2,317 2,307
Long-term debt and other long-term obligations 1,720 1,736
Total capitalization 4,037 4,043
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 917 859
Power purchase contract liability 270 147
Nuclear fuel disposal costs 197 197
Retirement benefits 163 170
Asset retirement obligations 119 115
Other 228 262
Total noncurrent liabilities 1,894 1,750
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 9)      
Total liabilities and capitalization 6,597 6,325
Affiliates | JCP&L
   
Short-term borrowings-    
Affiliated companies $ 338 $ 259