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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Future Amortization
As of December 31, 2012, intangible assets classified in Other Deferred Charges on FirstEnergy’s Consolidated Balance Sheet, including those recorded in connection with the Allegheny merger, include the following:
 
 
Intangible Assets
 
Amortization expense
 
 
 
 
 
 
 
 
Actual
 
Estimated
(In millions)
 
Gross
 
Accumulated Amortization
 
Net
 
2012
 
2013
 
2014
 
2015
 
2016
 
2017
 
Thereafter
NUG contracts(1)(2)
 
$
124

 
$
9

 
$
115

 
$
5

 
$
5

 
$
5

 
$
5

 
$
5

 
$
5

 
$
90

OVEC(1)
 
54

 
3

 
51

 
2

 
2

 
2

 
2

 
2

 
2

 
41

Coal contracts(1)(3)
 
556

 
145

 
411

 
55

 
59

 
58

 
51

 
51

 
45

 
79

FES customer contracts
 
146

 
36

 
110

 
15

 
16

 
17

 
17

 
17

 
16

 
27

Energy contracts(1)
 
136

 
121

 
15

 
50

 
14

 
1

 

 

 

 

 
 
$
1,016

 
$
314

 
$
702

 
$
127

 
$
96

 
$
83

 
$
75

 
$
75

 
$
68

 
$
237

(1) 
Fair value measurements of intangible assets recorded in connection with the Allegheny merger (see Note 19, Merger).
(2) 
NUG contracts are subject to regulatory accounting and their amortization does not impact earnings.
(3) 
A gross amount of $102 million ($68 million, net) of the coal contracts was recorded with a regulatory offset and the amortization does not impact earnings.