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Consolidated Statements of Income and Comprehensive Income (Unaudited) (FirstEnergy Solutions Corp.) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES:        
Electric sales $ 1,687 $ 1,678 $ 4,844 $ 4,389
Total revenues 2,624 3,041 7,414 7,966
OPERATING EXPENSES:        
Fuel 636 632 1,833 1,720
Purchased power 1,312 1,349 3,815 3,755
Other operating expenses 856 993 2,582 3,051
Provision for depreciation 282 297 859 809
General taxes 257 269 761 748
Total operating expenses 3,404 3,662 10,048 10,427
OPERATING INCOME (LOSS) 907 1,057 2,210 1,928
OTHER INCOME (EXPENSE):        
Investment income 39 48 63 100
Interest expense (230) (267) (750) (763)
Capitalized interest 18 17 54 55
Total other income (expense) (173) (202) (633) (608)
INCOME BEFORE INCOME TAXES 734 855 1,577 1,320
INCOME TAXES (BENEFITS) 309 325 658 550
NET INCOME 425 530 919 770
STATEMENTS OF COMPREHENSIVE INCOME        
NET INCOME 425 530 919 770
OTHER COMPREHENSIVE INCOME (LOSS):        
Pension and OPEB prior service costs (47) (48) (148) (44)
Amortized gain (loss) on derivative hedges 0 2 1 13
Change in unrealized gain on available-for-sale securities 1 (26) 13 (7)
Other comprehensive income (loss) (46) (72) (134) (38)
Income taxes (benefits) on other comprehensive income (loss) (24) (26) (75) (12)
Other comprehensive income (loss), net of tax (22) (46) (59) (26)
COMPREHENSIVE INCOME 403 484 860 744
FES
       
REVENUES:        
Other 63 73 180 229
Total revenues 1,557 1,467 4,529 4,151
OPERATING EXPENSES:        
Fuel 303 386 978 1,045
Other operating expenses 343 390 1,031 1,268
Provision for depreciation 71 69 203 207
General taxes 35 31 104 91
Impairment of long-lived assets 0 2 0 22
Total operating expenses 1,382 1,261 4,117 3,776
OPERATING INCOME (LOSS) 175 206 412 375
OTHER INCOME (EXPENSE):        
Investment income 38 28 50 50
Miscellaneous income 1 9 25 17
Capitalized interest 9 8 27 28
Total other income (expense) (6) (8) (45) (66)
INCOME BEFORE INCOME TAXES 169 198 367 309
INCOME TAXES (BENEFITS) 68 78 145 115
NET INCOME 101 120 222 194
STATEMENTS OF COMPREHENSIVE INCOME        
NET INCOME 101 120 222 194
OTHER COMPREHENSIVE INCOME (LOSS):        
Pension and OPEB prior service costs (5) (5) (2) (14)
Amortized gain (loss) on derivative hedges (2) (1) (6) 4
Change in unrealized gain on available-for-sale securities (2) (22) 11 (7)
Other comprehensive income (loss) (9) (28) 3 (17)
Income taxes (benefits) on other comprehensive income (loss) (3) (11) 1 (7)
Other comprehensive income (loss), net of tax (6) (17) 2 (10)
COMPREHENSIVE INCOME 95 103 224 184
FES | Affiliates
       
REVENUES:        
Electric sales 155 143 385 574
OPERATING EXPENSES:        
Purchased power 131 55 381 189
OTHER INCOME (EXPENSE):        
Interest expense (3) (2) (7) (5)
FES | Non-Affiliates
       
REVENUES:        
Electric sales 1,339 1,251 3,964 3,348
OPERATING EXPENSES:        
Purchased power 499 328 1,420 954
OTHER INCOME (EXPENSE):        
Interest expense $ (51) $ (51) $ (140) $ (156)