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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per share
The following table reconciles basic and diluted earnings per share of common stock:
 
 
Three Months
Ended June 30
 
Six Months
Ended June 30
Reconciliation of Basic and Diluted Earnings per Share of Common Stock
 
2012
 
2011
 
2012
 
2011
 
 
(In millions, except per share amounts)
 
 
 
 
 
 
 
 
 
Weighted average number of basic shares outstanding
 
417

 
418

 
418

 
380

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

 
2

 
1

 
2

Weighted average number of diluted shares outstanding
 
419

 
420

 
419

 
382

 
 
 
 
 
 
 
 
 
Earnings Available to FirstEnergy Corp.
 
$
187

 
$
203

 
$
493

 
$
255

 
 
 
 
 
 
 
 
 
Basic earnings per share of common stock
 
$
0.45

 
$
0.48

 
$
1.18

 
$
0.67

Diluted earnings per share of common stock
 
$
0.45

 
$
0.48

 
$
1.18

 
$
0.67

(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 and six months ended June 30, 2012 and 2011.