XML 76 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Pensions and Other Postemployment Benefits (Tables)
9 Months Ended
Sep. 30, 2012
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Costs
The components of the consolidated net periodic cost for pensions and OPEB costs (including amounts capitalized) were as follows:
Components of Net Periodic Benefit Costs (Credits)
 
Pensions
 
OPEB
For the Three Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
 
 
(In millions)
Service cost
 
$
40

 
$
34

 
$
3

 
$
3

Interest cost
 
97

 
96

 
12

 
12

Expected return on plan assets
 
(121
)
 
(115
)
 
(9
)
 
(10
)
Amortization of prior service cost
 
3

 
4

 
(51
)
 
(51
)
Net periodic costs (credits)
 
$
19

 
$
19

 
$
(45
)
 
$
(46
)

Components of Net Periodic Benefit Costs (Credits)
 
Pensions
 
OPEB
For the Nine Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
 
 
(In millions)
Service cost
 
$
120

 
$
97

 
$
9

 
$
9

Interest cost
 
291

 
276

 
36

 
35

Expected return on plan assets
 
(363
)
 
(332
)
 
(27
)
 
(30
)
Amortization of prior service cost
 
9

 
12

 
(153
)
 
(150
)
Other adjustments (settlements, curtailments, etc)
 

 
7

 

 

Net periodic costs (credits)
 
$
57

 
$
60

 
$
(135
)
 
$
(136
)
Components of Net Periodic Benefit Costs Allocated to Subsidiaries
Pension and OPEB obligations are allocated to the FE subsidiaries that employ the plan participants. The net periodic pension and OPEB costs (net of amounts capitalized) recognized in earnings by FE and its subsidiaries were as follows:
Net Periodic Benefit Costs (Credits)
 
Pensions
 
OPEB
For the Three Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
 
 
(In millions)
FirstEnergy
 
$
14

 
$
14

 
$
(30
)
 
$
(31
)
FES
 
12

 
7

 
(8
)
 
(8
)
OE
 
(1
)
 
(2
)
 
(5
)
 
(5
)
JCP&L
 
(2
)
 
(3
)
 
(3
)
 
(2
)

Net Periodic Benefit Costs (Credits)
 
Pensions
 
OPEB
For the Nine Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
 
 
(In millions)
FirstEnergy
 
$
41

 
$
48

 
$
(92
)
 
$
(97
)
FES
 
33

 
21

 
(24
)
 
(24
)
OE
 
(3
)
 
(6
)
 
(16
)
 
(16
)
JCP&L
 
(5
)
 
(8
)
 
(7
)
 
(7
)