Supplemental Guarantor Information (Tables)

12 Months Ended

Dec. 31, 2012

Supplemental Guarantor Information [Abstract]

Condensed Consolidating Statements of Income and Comprehensive Income

FIRSTENERGY SOLUTIONS CORP.

CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

For the Year Ended December 31, 2012	FES			FG			NG			Eliminations			Consolidated
	(In millions)
STATEMENTS OF INCOME
REVENUES	$	5,804		$	2,124		$	1,895		$	(3,905	)	$	5,918
OPERATING EXPENSES:
Fuel	—			1,077			210			—			1,287
Purchased power from affiliates	4,098			—			258			(3,905		)	451
Purchased power from non-affiliates	1,881			—			—			—			1,881
Other operating expenses	434			338			539			49			1,360
Pensions and OPEB mark-to-market adjustments	(2		)	52			116			—			166
Provision for depreciation	4			120			157			(5		)	276
General taxes	79			36			21			—			136
Total operating expenses	6,494			1,623			1,301			(3,861		)	5,557
OPERATING INCOME (LOSS)	(690		)	501			594			(44		)	361
OTHER INCOME (EXPENSE):
Investment income	2			15			67			(18		)	66
Miscellaneous income, including net income from equity investees	1,284			20			—			(1,269		)	35
Interest expense — affiliates	(18		)	(7		)	(4		)	19			(10		)
Interest expense — other	(93		)	(110		)	(50		)	62			(191		)
Capitalized interest	—			4			33			—			37
Total other income (expense)	1,175			(78		)	46			(1,206		)	(63		)
INCOME BEFORE INCOME TAXES	485			423			640			(1,250		)	298
INCOME TAXES (BENEFITS)	298			(261		)	62			12			111
NET INCOME	$	187		$	684		$	578		$	(1,262	)	$	187
STATEMENTS OF COMPREHENSIVE INCOME
NET INCOME	$	187		$	684		$	578		$	(1,262	)	$	187
OTHER COMPREHENSIVE LOSS:
Pensions and OPEB prior service costs	6			6			—			(6		)	6
Amortized gain on derivative hedges	(9		)	—			—			—			(9		)
Change in unrealized gain on available-for-sale securities	(5		)	—			(5		)	5			(5		)
Other comprehensive income (loss)	(8		)	6			(5		)	(1		)	(8		)
Income taxes (benefits) on other comprehensive loss	(4		)	1			(2		)	1			(4		)
Other comprehensive income (loss), net of tax	(4		)	5			(3		)	(2		)	(4		)
COMPREHENSIVE INCOME	$	183		$	689		$	575		$	(1,264	)	$	183

FIRSTENERGY SOLUTIONS CORP.

CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

For the Year Ended December 31, 2011	FES			FG			NG			Eliminations			Consolidated
	(In millions)
STATEMENTS OF INCOME
REVENUES	$	5,387		$	2,666		$	1,647		$	(4,223	)	$	5,477
OPERATING EXPENSES:
Fuel	12			1,138			194			—			1,344
Purchased power from affiliates	4,208			5			252			(4,223		)	242
Purchased power from non-affiliates	1,378			—			—			—			1,378
Other operating expenses	574			427			578			51			1,630
Pensions and OPEB mark-to-market adjustments	10			68			93			—			171
Provision for depreciation	4			127			150			(6		)	275
General taxes	64			37			23			—			124
Impairment of long-lived assets	—			294			—			—			294
Total operating expenses	6,250			2,096			1,290			(4,178		)	5,458
OPERATING INCOME (LOSS)	(863		)	570			357			(45		)	19
OTHER INCOME (EXPENSE):
Investment income	1			—			56			—			57
Miscellaneous income, including net income from equity investees	924			24			—			(918		)	30
Interest expense — affiliates	(2		)	(3		)	(2		)	(1		)	(8		)
Interest expense — other	(94		)	(109		)	(64		)	64			(203		)
Capitalized interest	—			12			23			—			35
Total other income (expense)	829			(76		)	13			(855		)	(89		)
INCOME (LOSS) BEFORE INCOME TAXES	(34		)	494			370			(900		)	(70		)
INCOME TAXES (BENEFITS)	25			(112		)	58			18			(11		)
NET INCOME (LOSS)	$	(59	)	$	606		$	312		$	(918	)	$	(59	)
STATEMENTS OF COMPREHENSIVE INCOME
NET INCOME (LOSS)	$	(59	)	$	606		$	312		$	(918	)	$	(59	)
OTHER COMPREHENSIVE INCOME (LOSS)
Pensions and OPEB prior service costs	(12		)	(13		)	—			13			(12		)
Amortized gain on derivative hedges	12			—			—			—			12
Change in unrealized gain on available for sale securities	16			—			15			(15		)	16
Other comprehensive income (loss)	16			(13		)	15			(2		)	16
Income taxes (benefits) on other comprehensive income (loss)	2			(8		)	5			3			2
Other comprehensive income (loss), net of tax	14			(5		)	10			(5		)	14
COMPREHENSIVE INCOME (LOSS)	$	(45	)	$	601		$	322		$	(923	)	$	(45	)

FIRSTENERGY SOLUTIONS CORP.

CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

For the Year Ended December 31, 2010	FES			FG			NG			Eliminations			Consolidated
	(In millions)
STATEMENTS OF INCOME
REVENUES	$	5,665		$	2,435		$	1,568		$	(3,840	)	$	5,828
OPERATING EXPENSES:
Fuel	31			1,200			172			—			1,403
Purchased power from affiliates	3,948			30			232			(3,839		)	371
Purchased power from non-affiliates	1,585			—			—			—			1,585
Other operating expenses	314			357			511			48			1,230
Pensions and OPEB mark-to-market adjustments	11			37			59			—			107
Provision for depreciation	3			100			148			(5		)	246
General taxes	24			42			28			—			94
Impairment of long-lived assets	—			388			—			—			388
Total operating expenses	5,916			2,154			1,150			(3,796		)	5,424
OPERATING INCOME (LOSS)	(251		)	281			418			(44		)	404
OTHER INCOME (EXPENSE):
Investment income	5			1			53			—			59
Miscellaneous income, including net income from equity investees	453			1			—			(437		)	17
Interest expense — affiliates	—			(8		)	(2		)	—			(10		)
Interest expense — other	(96		)	(109		)	(65		)	64			(206		)
Capitalized interest	—			76			16			—			92
Total other income (expense)	362			(39		)	2			(373		)	(48		)
INCOME (LOSS) BEFORE INCOME TAXES	111			242			420			(417		)	356
INCOME TAXES (BENEFITS)	(120		)	74			153			18			125
NET INCOME	$	231		$	168		$	267		$	(435	)	$	231
STATEMENTS OF COMPREHENSIVE INCOME
NET INCOME	$	231		$	168		$	267		$	(435	)	$	231
OTHER COMPREHENSIVE LOSS
Pensions and OPEB prior service costs	(30		)	(29		)	—			29			(30		)
Amortized gain on derivative hedges	23			—			—			—			23
Change in unrealized gain on available for sale securities	8			—			8			(8		)	8
Other comprehensive income (loss)	1			(29		)	8			21			1
Income taxes (benefits) on other comprehensive income (loss)	4			(11		)	4			7			4
Other comprehensive income (loss), net of tax	(3		)	(18		)	4			14			(3		)
COMPREHENSIVE INCOME (LOSS)	$	228		$	150		$	271		$	(421	)	$	228

Condensed Consolidating Balance Sheets

FIRSTENERGY SOLUTIONS CORP.

CONDENSED CONSOLIDATING BALANCE SHEETS

As of December 31, 2012	FES		FG		NG		Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	—	$	3	$	—	$	—		$	3
Receivables-
Customers	483		—		—		—			483
Affiliated companies	232		417		478		(748		)	379
Other	56		19		16		—			91
Notes receivable from affiliated companies	366		7		607		(704		)	276
Materials and supplies	66		231		208		—			505
Derivatives	190		—		—		—			190
Prepayments and other	6		39		10		—			55
	1,399		716		1,319		(1,452		)	1,982
PROPERTY, PLANT AND EQUIPMENT:
In service	91		5,899		6,391		(384		)	11,997
Less — Accumulated provision for depreciation	32		1,915		2,646		(185		)	4,408
	59		3,984		3,745		(199		)	7,589
Construction work in progress	34		230		877		—			1,141
	93		4,214		4,622		(199		)	8,730
INVESTMENTS:
Nuclear plant decommissioning trusts	—		—		1,283		—			1,283
Investment in affiliated companies	4,972		—		—		(4,972		)	—
Other	—		12		—		—			12
	4,972		12		1,283		(4,972		)	1,295
DEFERRED CHARGES AND OTHER ASSETS:
Accumulated deferred income tax benefits	—		313		—		(313		)	—
Customer intangibles	110		—		—		—			110
Goodwill	24		—		—		—			24
Property taxes	—		14		22		—			36
Unamortized sale and leaseback costs	—		—		—		119			119
Derivatives	99		—		—		—			99
Other	160		194		5		(106		)	253
	393		521		27		(300		)	641
	$	6,857	$	5,463	$	7,251	$	(6,923	)	$	12,648
LIABILITIES AND CAPITALIZATION
CURRENT LIABILITIES:
Currently payable long-term debt	$	1	$	586	$	537	$	(22	)	$	1,102
Short-term borrowings-
Affiliated companies	358		346		—		(704		)	—
Accounts payable-
Affiliated companies	748		143		583		(748		)	726
Other	63		96		—		—			159
Accrued taxes	126		25		20		—			171
Derivatives	124		—		—		—			124
Other	71		152		15		46			284
	1,491		1,348		1,155		(1,428		)	2,566
CAPITALIZATION:
Total equity	3,763		1,787		3,165		(4,952		)	3,763
Long-term debt and other long-term obligations	1,482		2,009		834		(1,207		)	3,118
	5,245		3,796		3,999		(6,159		)	6,881
NONCURRENT LIABILITIES:
Deferred gain on sale and leaseback transaction	—		—		—		892			892
Accumulated deferred income taxes	28		—		714		(227		)	515
Asset retirement obligations	—		29		936		—			965
Retirement benefits	26		215		—		—			241
Other	67		75		447		(1		)	588
	121		319		2,097		664			3,201
	$	6,857	$	5,463	$	7,251	$	(6,923	)	$	12,648

FIRSTENERGY SOLUTIONS CORP.

CONDENSED CONSOLIDATING BALANCE SHEETS

As of December 31, 2011	FES		FG		NG		Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	—	$	7	$	—	$	—		$	7
Receivables-
Customers	424		—		—		—			424
Affiliated companies	476		643		262		(781		)	600
Other	28		20		13		—			61
Notes receivable from affiliated companies	155		1,346		69		(1,187		)	383
Materials and supplies, at average cost	60		232		200		—			492
Derivatives	219		—		—		—			219
Prepayments and other	11		26		1		—			38
	1,373		2,274		545		(1,968		)	2,224
PROPERTY, PLANT AND EQUIPMENT:
In service	84		5,573		5,711		(385		)	10,983
Less — Accumulated provision for depreciation	28		1,813		2,449		(180		)	4,110
	56		3,760		3,262		(205		)	6,873
Construction work in progress	29		195		790		—			1,014
	85		3,955		4,052		(205		)	7,887
INVESTMENTS:
Nuclear plant decommissioning trusts	—		—		1,223		—			1,223
Investment in affiliated companies	5,700		—		—		(5,700		)	—
Other	—		7		—		—			7
	5,700		7		1,223		(5,700		)	1,230
DEFERRED CHARGES AND OTHER ASSETS:
Accumulated deferred income tax benefits	10		307		—		(317		)	—
Customer intangibles	123		—		—		—			123
Goodwill	24		—		—		—			24
Property taxes	—		20		23		—			43
Unamortized sale and leaseback costs	—		5		—		75			80
Derivatives	79		—		—		—			79
Other	89		99		3		(62		)	129
	325		431		26		(304		)	478
	$	7,483	$	6,667	$	5,846	$	(8,177	)	$	11,819
LIABILITIES AND CAPITALIZATION
CURRENT LIABILITIES:
Currently payable long-term debt	$	1	$	411	$	513	$	(20	)	$	905
Short-term borrowings-
Affiliated companies	1,065		89		32		(1,186		)	—
Accounts payable-
Affiliated companies	777		228		211		(780		)	436
Other	99		121		—		—			220
Accrued taxes	84		42		110		(9		)	227
Derivatives	189		—		—		—			189
Other	62		141		16		42			261
	2,277		1,032		882		(1,953		)	2,238
CAPITALIZATION:
Total equity	3,577		3,097		2,587		(5,684		)	3,577
Long-term debt and other long-term obligations	1,483		1,905		641		(1,230		)	2,799
	5,060		5,002		3,228		(6,914		)	6,376
NONCURRENT LIABILITIES:
Deferred gain on sale and leaseback transaction	—		—		—		925			925
Accumulated deferred income taxes	12		—		510		(236		)	286
Asset retirement obligations	—		28		876		—			904
Retirement benefits	56		300		—		—			356
Lease market valuation liability	—		171		—		—			171
Other	78		134		350		1			563
	146		633		1,736		690			3,205
	$	7,483	$	6,667	$	5,846	$	(8,177	)	$	11,819

Condensed Consolidating Statements of Cash Flows

FIRSTENERGY SOLUTIONS CORP.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

For the Year Ended December 31, 2012	FES			FG			NG			Eliminations			Consolidated
	(In millions)
NET CASH PROVIDED FROM (USED FOR) OPERATING ACTIVITIES	$	(1,063	)	$	639		$	1,266		$	(21	)	$	821
CASH FLOWS FROM FINANCING ACTIVITIES:
New Financing-
Long-term debt	—			351			299			—			650
Short-term borrowings, net	—			260			—			(257		)	3
Redemptions and Repayments-
Long-term debt	(1		)	(288		)	(161		)	21			(429		)
Short-term borrowings, net	(707		)	—			(32		)	739			—
Common stock dividend payment	—			(2,000		)	—			2,000			—
Other	(1		)	(8		)	(3		)	—			(12		)
Net cash provided from financing activities	(709		)	(1,685		)	103			2,503			212
CASH FLOWS FROM INVESTING ACTIVITIES:
Property additions	(14		)	(273		)	(508		)	—			(795		)
Nuclear fuel	—			—			(286		)	—			(286		)
Proceeds from asset sales	—			17			—			—			17
Sales of investment securities held in trusts	—			—			1,464			—			1,464
Purchases of investment securities held in trusts	—			—			(1,502		)	—			(1,502		)
Loans to affiliated companies, net	(211		)	1,338			(538		)	(482		)	107
Customer acquisition costs	(2		)	—			—			—			(2		)
Dividend received	2,000			—			—			(2,000		)	—
Other	(1		)	(40		)	1			—			(40		)
Net cash used for investing activities	1,772			1,042			(1,369		)	(2,482		)	(1,037		)
Net change in cash and cash equivalents	—			(4		)	—			—			(4		)
Cash and cash equivalents at beginning of period	—			7			—			—			7
Cash and cash equivalents at end of period	$	—		$	3		$	—		$	—		$	3

FIRSTENERGY SOLUTIONS CORP.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

For the Year Ended December 31, 2011	FES			FG			NG			Eliminations			Consolidated
	(In millions)
NET CASH PROVIDED FROM (USED FOR) OPERATING ACTIVITIES	$	(790	)	$	926		$	702		$	(19	)	$	819
CASH FLOWS FROM FINANCING ACTIVITIES:
New Financing-
Long-term debt	—			140			107			—			247
Short-term borrowings, net	1,065			78			32			(1,186		)	(11		)
Redemptions and Repayments-
Long-term debt	(136		)	(362		)	(377		)	19			(856		)
Other	(9		)	(1		)	(1		)	—			(11		)
Net cash provided from (used for) financing activities	920			(145		)	(239		)	(1,167		)	(631		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Property additions	(24		)	(205		)	(371		)	—			(600		)
Nuclear fuel	—			—			(149		)	—			(149		)
Proceeds from asset sales	9			590			—			—			599
Sales of investment securities held in trusts	—			—			1,843			—			1,843
Purchases of investment securities held in trusts	—			—			(1,890		)	—			(1,890		)
Loans to affiliated companies, net	(120		)	(1,157		)	105			1,186			14
Customer acquisition costs	(3		)	—			—			—			(3		)
Other	8			(11		)	(1		)	—			(4		)
Net cash used for investing activities	(130		)	(783		)	(463		)	1,186			(190		)
Net change in cash and cash equivalents	—			(2		)	—			—			(2		)
Cash and cash equivalents at beginning of period	—			9			—			—			9
Cash and cash equivalents at end of period	$	—		$	7		$	—		$	—		$	7

FIRSTENERGY SOLUTIONS CORP.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

For the Year Ended December 31, 2010	FES			FG			NG			Eliminations			Consolidated
	(In millions)
NET CASH PROVIDED FROM (USED FOR) OPERATING ACTIVITIES	$	(260	)	$	380		$	685		$	(19	)	$	786
CASH FLOWS FROM FINANCING ACTIVITIES:
New Financing-
Long-term debt	—			318			397			—			715
Short-term borrowings, net	—			2			—			—			2
Redemptions and Repayments-
Long-term debt	(1		)	(341		)	(449		)	19			(772		)
Other	—			(1		)	(1		)	—			(2		)
Net cash provided from (used for) financing activities	(1		)	(22		)	(53		)	19			(57		)
CASH FLOWS FROM INVESTING ACTIVITIES:
Property additions	(9		)	(518		)	(325		)	—			(852		)
Nuclear fuel	—			—			(183		)	—			(183		)
Proceeds from asset sales	—			117			—			—			117
Sales of investment securities held in trusts	—			—			1,927			—			1,927
Purchases of investment securities held in trusts	—			—			(1,974		)	—			(1,974		)
Loans to affiliated companies, net	382			52			(26		)	—			408
Customer acquisition costs	(113		)	—			—			—			(113		)
Leasehold improvement payments to associated companies	—			—			(51		)	—			(51		)
Other	1			—			—			—			1
Net cash used for investing activities	261			(349		)	(632		)	—			(720		)
Net change in cash and cash equivalents	—			9			—			—			9
Cash and cash equivalents at beginning of period	—			—			—			—			—
Cash and cash equivalents at end of period	$	—		$	9		$	—		$	—		$	9