XML 60 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (Unaudited) (Jersey Central Power & Light Company) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Receivables-    
Customers, net of allowance for uncollectible accounts $ 1,604 $ 1,525
Other 227 269
Prepaid taxes 227 191
Other 190 122
Total current assets 3,709 3,355
UTILITY PLANT:    
In service 41,756 40,122
Less - Accumulated provision for depreciation 12,434 11,839
Property, plant and equipment in service net of accumulated provision for depreciation 29,322 28,283
Construction work in progress 2,119 2,054
Total net property, plant and equipment 31,441 30,337
OTHER PROPERTY AND INVESTMENTS:    
Nuclear plant decommissioning trusts 2,203 2,112
Other 1,038 1,008
Total other property and investments 3,451 3,522
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 6,444 6,441
Regulatory assets 2,113 2,030
Other 1,580 1,641
Total deferred charges and other assets 10,137 10,112
Total assets 48,738 47,326
CURRENT LIABILITIES:    
Currently payable long-term debt 1,473 1,621
Accounts payable-    
Accrued compensation and benefits 313 384
Other 942 900
Total current liabilities 5,920 4,855
Common stockholders' equity-    
Common stock 42 42
Other paid-in capital 9,758 9,765
Accumulated other comprehensive income 367 426
Retained earnings (Accumulated deficit) 3,266 3,047
Total common stockholders' equity 13,433 13,280
Long-term debt and other long-term obligations 15,627 15,716
Total capitalization 29,076 29,015
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 6,543 5,670
Retirement benefits 2,271 2,823
Asset retirement obligations 1,574 1,497
Other 1,904 2,072
Total noncurrent liabilities 13,742 13,456
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 10)      
Total liabilities and capitalization 48,738 47,326
JCP&L
   
Receivables-    
Customers, net of allowance for uncollectible accounts 250 235
Affiliated companies 40 0
Other 18 17
Prepaid taxes 71 33
Other 43 19
Total current assets 422 304
UTILITY PLANT:    
In service 5,124 4,872
Less - Accumulated provision for depreciation 1,797 1,743
Property, plant and equipment in service net of accumulated provision for depreciation 3,327 3,129
Construction work in progress 114 227
Total net property, plant and equipment 3,441 3,356
OTHER PROPERTY AND INVESTMENTS:    
Nuclear fuel disposal trust 229 219
Nuclear plant decommissioning trusts 199 193
Other 2 2
Total other property and investments 430 414
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 1,811 1,811
Regulatory assets 526 408
Other 29 32
Total deferred charges and other assets 2,366 2,251
Total assets 6,659 6,325
CURRENT LIABILITIES:    
Currently payable long-term debt 35 34
Accounts payable-    
Affiliated companies 1 19
Other 95 101
Accrued compensation and benefits 35 41
Customer deposits 24 24
Accrued interest 30 18
Other 29 36
Total current liabilities 599 532
Common stockholders' equity-    
Common stock 136 136
Other paid-in capital 2,011 2,011
Accumulated other comprehensive income 32 39
Retained earnings (Accumulated deficit) 173 121
Total common stockholders' equity 2,352 2,307
Long-term debt and other long-term obligations 1,711 1,736
Total capitalization 4,063 4,043
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 1,023 859
Power purchase contract liability 267 147
Nuclear fuel disposal costs 197 197
Retirement benefits 163 170
Asset retirement obligations 121 115
Other 226 262
Total noncurrent liabilities 1,997 1,750
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 10)      
Total liabilities and capitalization 6,659 6,325
Affiliates | JCP&L
   
Short-term borrowings-    
Affiliated companies $ 350 $ 259