XML 48 R36.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Supplemental Guarantor Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2016
Supplemental Guarantor Information [Abstract] |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) |
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
For the Three Months Ended June 30, 2016 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
STATEMENTS OF OPERATIONS |  |  |  |  |  |  |  |  |  |
REVENUES |  | $ | 1,061 |  |  | $ | 400 |  |  | $ | 473 |  |  | $ | (832 | ) |  | $ | 1,102 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel |  | — |  |  | 181 |  |  | 47 |  |  | — |  |  | 228 |
Purchased power from affiliates |  | 950 |  |  | — |  |  | 49 |  |  | (832 | ) |  | 167 |
Purchased power from non-affiliates |  | 266 |  |  | — |  |  | — |  |  | — |  |  | 266 |
Other operating expenses |  | 119 |  |  | 88 |  |  | 148 |  |  | 14 |  |  | 369 |
Provision for depreciation |  | 3 |  |  | 32 |  |  | 50 |  |  | (1 | ) |  | 84 |
General taxes |  | 7 |  |  | 6 |  |  | 6 |  |  | — |  |  | 19 |
Impairment of assets |  | 23 |  |  | 517 |  |  | — |  |  | — |  |  | 540 |
Total operating expenses |  | 1,368 |  |  | 824 |  |  | 300 |  |  | (819 | ) |  | 1,673 |
OPERATING INCOME (LOSS) |  | (307 | ) |  | (424 | ) |  | 173 |  |  | (13 | ) |  | (571 | )
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment income, including net income (loss) from equity investees |  | (163 | ) |  | 7 |  |  | 22 |  |  | 153 |  |  | 19 |
Miscellaneous income |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 1 |
Interest expense — affiliates |  | (12 | ) |  | (2 | ) |  | — |  |  | 13 |  |  | (1 | )
Interest expense — other |  | (13 | ) |  | (26 | ) |  | (13 | ) |  | 15 |  |  | (37 | )
Capitalized interest |  | — |  |  | 2 |  |  | 6 |  |  | — |  |  | 8 |
Total other income (expense) |  | (187 | ) |  | (19 | ) |  | 15 |  |  | 181 |  |  | (10 | )
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) |  | (494 | ) |  | (443 | ) |  | 188 |  |  | 168 |  |  | (581 | )
INCOME TAXES (BENEFITS) |  | (56 | ) |  | (149 | ) |  | 61 |  |  | 1 |  |  | (143 | )
NET INCOME (LOSS) |  | $ | (438 | ) |  | $ | (294 | ) |  | $ | 127 |  |  | $ | 167 |  |  | $ | (438 | )
STATEMENTS OF COMPREHENSIVE INCOME (LOSS) |  |  |  |  |  |  |  |  |  |  |
NET INCOME (LOSS) |  | $ | (438 | ) |  | $ | (294 | ) |  | $ | 127 |  |  | $ | 167 |  |  | $ | (438 | )
OTHER COMPREHENSIVE INCOME (LOSS): |  |  |  |  |  |  |  |  |  |  |
Pension and OPEB prior service costs |  | (3 | ) |  | (4 | ) |  | — |  |  | 4 |  |  | (3 | )
Amortized gains on derivative hedges |  | (1 | ) |  | — |  |  | — |  |  | — |  |  | (1 | )
Change in unrealized gains on available-for-sale securities |  | 33 |  |  | — |  |  | 32 |  |  | (32 | ) |  | 33 |
Other comprehensive income (loss) |  | 29 |  |  | (4 | ) |  | 32 |  |  | (28 | ) |  | 29 |
Income taxes (benefits) on other comprehensive income (loss) |  | 12 |  |  | (2 | ) |  | 13 |  |  | (11 | ) |  | 12 |
Other comprehensive income (loss), net of tax |  | 17 |  |  | (2 | ) |  | 19 |  |  | (17 | ) |  | 17 |
COMPREHENSIVE INCOME (LOSS) |  | $ | (421 | ) |  | $ | (296 | ) |  | $ | 146 |  |  | $ | 150 |  |  | $ | (421 | )
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
For the Six Months Ended June 30, 2016 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
STATEMENTS OF OPERATIONS |  |  |  |  |  |  |  |  |  |
REVENUES |  | $ | 2,216 |  |  | $ | 815 |  |  | $ | 1,004 |  |  | $ | (1,734 | ) |  | $ | 2,301 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel |  | — |  |  | 300 |  |  | 93 |  |  | — |  |  | 393 |
Purchased power from affiliates |  | 1,877 |  |  | — |  |  | 106 |  |  | (1,734 | ) |  | 249 |
Purchased power from non-affiliates |  | 643 |  |  | — |  |  | — |  |  | — |  |  | 643 |
Other operating expenses |  | 123 |  |  | 159 |  |  | 301 |  |  | 26 |  |  | 609 |
Provision for depreciation |  | 6 |  |  | 63 |  |  | 100 |  |  | (2 | ) |  | 167 |
General taxes |  | 15 |  |  | 16 |  |  | 14 |  |  | — |  |  | 45 |
Impairment of assets |  | 23 |  |  | 517 |  |  | — |  |  | — |  |  | 540 |
Total operating expenses |  | 2,687 |  |  | 1,055 |  |  | 614 |  |  | (1,710 | ) |  | 2,646 |
OPERATING INCOME (LOSS) |  | (471 | ) |  | (240 | ) |  | 390 |  |  | (24 | ) |  | (345 | )
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment income, including net income (loss) from equity investees |  | 86 |  |  | 13 |  |  | 39 |  |  | (106 | ) |  | 32 |
Miscellaneous income |  | 3 |  |  | — |  |  | — |  |  | — |  |  | 3 |
Interest expense — affiliates |  | (21 | ) |  | (4 | ) |  | (2 | ) |  | 24 |  |  | (3 | )
Interest expense — other |  | (26 | ) |  | (52 | ) |  | (24 | ) |  | 29 |  |  | (73 | )
Capitalized interest |  | — |  |  | 4 |  |  | 14 |  |  | — |  |  | 18 |
Total other income (expense) |  | 42 |  |  | (39 | ) |  | 27 |  |  | (53 | ) |  | (23 | )
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) |  | (429 | ) |  | (279 | ) |  | 417 |  |  | (77 | ) |  | (368 | )
INCOME TAXES (BENEFITS) |  | (122 | ) |  | (88 | ) |  | 147 |  |  | 2 |  |  | (61 | )
NET INCOME (LOSS) |  | $ | (307 | ) |  | $ | (191 | ) |  | $ | 270 |  |  | $ | (79 | ) |  | $ | (307 | )
STATEMENTS OF COMPREHENSIVE INCOME (LOSS) |  |  |  |  |  |  |  |  |  |
NET INCOME (LOSS) |  | $ | (307 | ) |  | $ | (191 | ) |  | $ | 270 |  |  | $ | (79 | ) |  | $ | (307 | )
OTHER COMPREHENSIVE INCOME (LOSS): |  |  |  |  |  |  |  |  |  |
Pensions and OPEB prior service costs |  | (7 | ) |  | (7 | ) |  | — |  |  | 7 |  |  | (7 | )
Amortized gains on derivative hedges |  | (1 | ) |  | — |  |  | — |  |  | — |  |  | (1 | )
Change in unrealized gains on available-for-sale securities |  | 56 |  |  | — |  |  | 55 |  |  | (55 | ) |  | 56 |
Other comprehensive income (loss) |  | 48 |  |  | (7 | ) |  | 55 |  |  | (48 | ) |  | 48 |
Income taxes (benefits) on other comprehensive income (loss) |  | 19 |  |  | (3 | ) |  | 21 |  |  | (18 | ) |  | 19 |
Other comprehensive income (loss), net of tax |  | 29 |  |  | (4 | ) |  | 34 |  |  | (30 | ) |  | 29 |
COMPREHENSIVE INCOME (LOSS) |  | $ | (278 | ) |  | $ | (195 | ) |  | $ | 304 |  |  | $ | (109 | ) |  | $ | (278 | )
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
For the Three Months Ended June 30, 2015 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
STATEMENTS OF OPERATIONS |  |  |  |  |  |  |  |  |  |
REVENUES |  | $ | 1,074 |  |  | $ | 346 |  |  | $ | 456 |  |  | $ | (757 | ) |  | $ | 1,119 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel |  | — |  |  | 150 |  |  | 41 |  |  | — |  |  | 191 |
Purchased power from affiliates |  | 768 |  |  | — |  |  | 66 |  |  | (757 | ) |  | 77 |
Purchased power from non-affiliates |  | 392 |  |  | — |  |  | — |  |  | — |  |  | 392 |
Other operating expenses |  | 86 |  |  | 75 |  |  | 164 |  |  | 12 |  |  | 337 |
Provision for depreciation |  | 2 |  |  | 32 |  |  | 47 |  |  | — |  |  | 81 |
General taxes |  | 11 |  |  | 7 |  |  | 7 |  |  | — |  |  | 25 |
Impairment of assets |  | 16 |  |  | — |  |  | — |  |  | — |  |  | 16 |
Total operating expenses |  | 1,275 |  |  | 264 |  |  | 325 |  |  | (745 | ) |  | 1,119 |
OPERATING INCOME (LOSS) |  | (201 | ) |  | 82 |  |  | 131 |  |  | (12 | ) |  | — |
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment income, including net income from equity investees |  | 119 |  |  | 5 |  |  | 3 |  |  | (126 | ) |  | 1 |
Miscellaneous income |  | 1 |  |  | 3 |  |  | — |  |  | — |  |  | 4 |
Interest expense — affiliates |  | (7 | ) |  | (2 | ) |  | (1 | ) |  | 8 |  |  | (2 | )
Interest expense — other |  | (13 | ) |  | (26 | ) |  | (12 | ) |  | 14 |  |  | (37 | )
Capitalized interest |  | — |  |  | 2 |  |  | 7 |  |  | — |  |  | 9 |
Total other income (expense) |  | 100 |  |  | (18 | ) |  | (3 | ) |  | (104 | ) |  | (25 | )
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) |  | (101 | ) |  | 64 |  |  | 128 |  |  | (116 | ) |  | (25 | )
INCOME TAXES (BENEFITS) |  | (80 | ) |  | 28 |  |  | 47 |  |  | 1 |  |  | (4 | )
NET INCOME (LOSS) |  | $ | (21 | ) |  | $ | 36 |  |  | $ | 81 |  |  | $ | (117 | ) |  | $ | (21 | )
STATEMENTS OF COMPREHENSIVE INCOME (LOSS) |  |  |  |  |  |  |  |  |  |
NET INCOME (LOSS) |  | $ | (21 | ) |  | $ | 36 |  |  | $ | 81 |  |  | $ | (117 | ) |  | $ | (21 | )
OTHER COMPREHENSIVE INCOME (LOSS): |  |  |  |  |  |  |  |  |  |
Pension and OPEB prior service costs |  | (4 | ) |  | (4 | ) |  | — |  |  | 4 |  |  | (4 | )
Amortized gains on derivative hedges |  | (1 | ) |  | — |  |  | — |  |  | — |  |  | (1 | )
Change in unrealized gains on available for sale securities |  | (12 | ) |  | — |  |  | (12 | ) |  | 12 |  |  | (12 | )
Other comprehensive loss |  | (17 | ) |  | (4 | ) |  | (12 | ) |  | 16 |  |  | (17 | )
Income tax benefits on other comprehensive loss |  | (6 | ) |  | (2 | ) |  | (4 | ) |  | 6 |  |  | (6 | )
Other comprehensive loss, net of tax |  | (11 | ) |  | (2 | ) |  | (8 | ) |  | 10 |  |  | (11 | )
COMPREHENSIVE INCOME (LOSS) |  | $ | (32 | ) |  | $ | 34 |  |  | $ | 73 |  |  | $ | (107 | ) |  | $ | (32 | )
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
For the Six Months Ended June 30, 2015 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
STATEMENTS OF OPERATIONS |  |  |  |  |  |  |  |  |  |
REVENUES |  | $ | 2,406 |  |  | $ | 839 |  |  | $ | 963 |  |  | $ | (1,712 | ) |  | $ | 2,496 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel |  | — |  |  | 330 |  |  | 91 |  |  | — |  |  | 421 |
Purchased power from affiliates |  | 1,725 |  |  | — |  |  | 134 |  |  | (1,712 | ) |  | 147 |
Purchased power from non-affiliates |  | 935 |  |  | — |  |  | — |  |  | — |  |  | 935 |
Other operating expenses |  | 266 |  |  | 142 |  |  | 318 |  |  | 24 |  |  | 750 |
Provision for depreciation |  | 5 |  |  | 62 |  |  | 95 |  |  | (1 | ) |  | 161 |
General taxes |  | 26 |  |  | 15 |  |  | 13 |  |  | — |  |  | 54 |
Impairment of assets |  | 16 |  |  | — |  |  | — |  |  | — |  |  | 16 |
Total operating expenses |  | 2,973 |  |  | 549 |  |  | 651 |  |  | (1,689 | ) |  | 2,484 |
OPERATING INCOME (LOSS) |  | (567 | ) |  | 290 |  |  | 312 |  |  | (23 | ) |  | 12 |
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment income, including net income from equity investees |  | 360 |  |  | 8 |  |  | 17 |  |  | (371 | ) |  | 14 |
Miscellaneous income |  | 1 |  |  | 3 |  |  | — |  |  | — |  |  | 4 |
Interest expense — affiliates |  | (13 | ) |  | (4 | ) |  | (2 | ) |  | 15 |  |  | (4 | )
Interest expense — other |  | (26 | ) |  | (52 | ) |  | (25 | ) |  | 29 |  |  | (74 | )
Capitalized interest |  | — |  |  | 3 |  |  | 15 |  |  | — |  |  | 18 |
Total other income (expense) |  | 322 |  |  | (42 | ) |  | 5 |  |  | (327 | ) |  | (42 | )
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) |  | (245 | ) |  | 248 |  |  | 317 |  |  | (350 | ) |  | (30 | )
INCOME TAXES (BENEFITS) |  | (221 | ) |  | 95 |  |  | 117 |  |  | 3 |  |  | (6 | )
NET INCOME (LOSS) |  | $ | (24 | ) |  | $ | 153 |  |  | $ | 200 |  |  | $ | (353 | ) |  | $ | (24 | )
STATEMENTS OF COMPREHENSIVE INCOME (LOSS) |  |  |  |  |  |  |  |  |  |
NET INCOME (LOSS) |  | $ | (24 | ) |  | $ | 153 |  |  | $ | 200 |  |  | $ | (353 | ) |  | $ | (24 | )
OTHER COMPREHENSIVE INCOME (LOSS): |  |  |  |  |  |  |  |  |  |
Pension and OPEB prior service costs |  | (8 | ) |  | (8 | ) |  | — |  |  | 8 |  |  | (8 | )
Amortized gains on derivative hedges |  | (2 | ) |  | — |  |  | — |  |  | — |  |  | (2 | )
Change in unrealized gains on available-for-sale securities |  | (9 | ) |  | — |  |  | (9 | ) |  | 9 |  |  | (9 | )
Other comprehensive loss |  | (19 | ) |  | (8 | ) |  | (9 | ) |  | 17 |  |  | (19 | )
Income tax benefits on other comprehensive loss |  | (7 | ) |  | (3 | ) |  | (3 | ) |  | 6 |  |  | (7 | )
Other comprehensive loss, net of tax |  | (12 | ) |  | (5 | ) |  | (6 | ) |  | 11 |  |  | (12 | )
COMPREHENSIVE INCOME (LOSS) |  | $ | (36 | ) |  | $ | 148 |  |  | $ | 194 |  |  | $ | (342 | ) |  | $ | (36 | )
Condensed Consolidating Balance Sheets | FIRSTENERGY SOLUTIONS CORP. CONDENSED CONSOLIDATING BALANCE SHEETS
As of June 30, 2016 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
ASSETS |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
Receivables- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customers |  | 225 |  |  | — |  |  | — |  |  | — |  |  | 225 |
Affiliated companies |  | 333 |  |  | 323 |  |  | 286 |  |  | (531 | ) |  | 411 |
Other |  | 28 |  |  | 2 |  |  | 7 |  |  | — |  |  | 37 |
Notes receivable from affiliated companies |  | 385 |  |  | 1,467 |  |  | 768 |  |  | (2,620 | ) |  | — |
Materials and supplies |  | 48 |  |  | 165 |  |  | 217 |  |  | — |  |  | 430 |
Derivatives |  | 155 |  |  | — |  |  | — |  |  | — |  |  | 155 |
Collateral |  | 20 |  |  | — |  |  | — |  |  | — |  |  | 20 |
Prepayments and other |  | 64 |  |  | 17 |  |  | — |  |  | — |  |  | 81 |
|  | 1,258 |  |  | 1,976 |  |  | 1,278 |  |  | (3,151 | ) |  | 1,361 |
PROPERTY, PLANT AND EQUIPMENT: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
In service |  | 121 |  |  | 5,665 |  |  | 8,588 |  |  | (382 | ) |  | 13,992 |
Less — Accumulated provision for depreciation |  | 46 |  |  | 1,900 |  |  | 3,955 |  |  | (195 | ) |  | 5,706 |
|  | 75 |  |  | 3,765 |  |  | 4,633 |  |  | (187 | ) |  | 8,286 |
Construction work in progress |  | 3 |  |  | 269 |  |  | 789 |  |  | — |  |  | 1,061 |
|  | 78 |  |  | 4,034 |  |  | 5,422 |  |  | (187 | ) |  | 9,347 |
INVESTMENTS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nuclear plant decommissioning trusts |  | — |  |  | — |  |  | 1,510 |  |  | — |  |  | 1,510 |
Investment in affiliated companies |  | 7,593 |  |  | — |  |  | — |  |  | (7,593 | ) |  | — |
Other |  | — |  |  | 10 |  |  | — |  |  | — |  |  | 10 |
|  | 7,593 |  |  | 10 |  |  | 1,510 |  |  | (7,593 | ) |  | 1,520 |
DEFERRED CHARGES AND OTHER ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accumulated deferred income tax benefits |  | 254 |  |  | 127 |  |  | — |  |  | (381 | ) |  | — |
Customer intangibles |  | 52 |  |  | — |  |  | — |  |  | — |  |  | 52 |
Property taxes |  | — |  |  | 6 |  |  | 14 |  |  | — |  |  | 20 |
Derivatives |  | 83 |  |  | — |  |  | — |  |  | — |  |  | 83 |
Other |  | 22 |  |  | 336 |  |  | — |  |  | 19 |  |  | 377 |
|  | 411 |  |  | 469 |  |  | 14 |  |  | (362 | ) |  | 532 |
|  | $ | 9,340 |  |  | $ | 6,489 |  |  | $ | 8,224 |  |  | $ | (11,293 | ) |  | $ | 12,760 |
LIABILITIES AND CAPITALIZATION |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Currently payable long-term debt |  | $ | — |  |  | $ | 396 |  |  | $ | 68 |  |  | $ | (25 | ) |  | $ | 439 |
Short-term borrowings- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Affiliated companies |  | 2,344 |  |  | 478 |  |  | 8 |  |  | (2,620 | ) |  | 210 |
Accounts payable- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Affiliated companies |  | 633 |  |  | 172 |  |  | 155 |  |  | (600 | ) |  | 360 |
Other |  | 19 |  |  | 95 |  |  | — |  |  | — |  |  | 114 |
Accrued taxes |  | 11 |  |  | 43 |  |  | 50 |  |  | (26 | ) |  | 78 |
Derivatives |  | 95 |  |  | 4 |  |  | — |  |  | — |  |  | 99 |
Other |  | 70 |  |  | 61 |  |  | 9 |  |  | 33 |  |  | 173 |
|  | 3,172 |  |  | 1,249 |  |  | 290 |  |  | (3,238 | ) |  | 1,473 |
CAPITALIZATION: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total equity |  | 5,357 |  |  | 2,751 |  |  | 4,807 |  |  | (7,558 | ) |  | 5,357 |
Long-term debt and other long-term obligations |  | 692 |  |  | 1,924 |  |  | 837 |  |  | (1,106 | ) |  | 2,347 |
|  | 6,049 |  |  | 4,675 |  |  | 5,644 |  |  | (8,664 | ) |  | 7,704 |
NONCURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred gain on sale and leaseback transaction |  | — |  |  | — |  |  | — |  |  | 774 |  |  | 774 |
Accumulated deferred income taxes |  | 5 |  |  | — |  |  | 787 |  |  | (165 | ) |  | 627 |
Retirement benefits |  | 27 |  |  | 317 |  |  | — |  |  | — |  |  | 344 |
Asset retirement obligations |  | — |  |  | 188 |  |  | 689 |  |  | — |  |  | 877 |
Derivatives |  | 40 |  |  | 6 |  |  | — |  |  | — |  |  | 46 |
Other |  | 47 |  |  | 54 |  |  | 814 |  |  | — |  |  | 915 |
|  | 119 |  |  | 565 |  |  | 2,290 |  |  | 609 |  |  | 3,583 |
|  | $ | 9,340 |  |  | $ | 6,489 |  |  | $ | 8,224 |  |  | $ | (11,293 | ) |  | $ | 12,760 |
FIRSTENERGY SOLUTIONS CORP. CONDENSED CONSOLIDATING BALANCE SHEETS
As of December 31, 2015 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
ASSETS |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
Receivables- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customers |  | 275 |  |  | — |  |  | — |  |  | — |  |  | 275 |
Affiliated companies |  | 433 |  |  | 403 |  |  | 461 |  |  | (846 | ) |  | 451 |
Other |  | 36 |  |  | 4 |  |  | 19 |  |  | — |  |  | 59 |
Notes receivable from affiliated companies |  | 406 |  |  | 1,210 |  |  | 805 |  |  | (2,410 | ) |  | 11 |
Materials and supplies |  | 53 |  |  | 204 |  |  | 213 |  |  | — |  |  | 470 |
Derivatives |  | 154 |  |  | — |  |  | — |  |  | — |  |  | 154 |
Collateral |  | 70 |  |  | — |  |  | — |  |  | — |  |  | 70 |
Prepayments and other |  | 48 |  |  | 18 |  |  | — |  |  | — |  |  | 66 |
|  | 1,475 |  |  | 1,841 |  |  | 1,498 |  |  | (3,256 | ) |  | 1,558 |
PROPERTY, PLANT AND EQUIPMENT: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
In service |  | 93 |  |  | 6,367 |  |  | 8,233 |  |  | (382 | ) |  | 14,311 |
Less — Accumulated provision for depreciation |  | 40 |  |  | 2,144 |  |  | 3,775 |  |  | (194 | ) |  | 5,765 |
|  | 53 |  |  | 4,223 |  |  | 4,458 |  |  | (188 | ) |  | 8,546 |
Construction work in progress |  | 30 |  |  | 249 |  |  | 878 |  |  | — |  |  | 1,157 |
|  | 83 |  |  | 4,472 |  |  | 5,336 |  |  | (188 | ) |  | 9,703 |
INVESTMENTS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nuclear plant decommissioning trusts |  | — |  |  | — |  |  | 1,327 |  |  | — |  |  | 1,327 |
Investment in affiliated companies |  | 7,452 |  |  | — |  |  | — |  |  | (7,452 | ) |  | — |
Other |  | — |  |  | 10 |  |  | — |  |  | — |  |  | 10 |
|  | 7,452 |  |  | 10 |  |  | 1,327 |  |  | (7,452 | ) |  | 1,337 |
DEFERRED CHARGES AND OTHER ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accumulated deferred income tax benefits |  | 300 |  |  | 16 |  |  | — |  |  | (316 | ) |  | — |
Customer intangibles |  | 61 |  |  | — |  |  | — |  |  | — |  |  | 61 |
Goodwill |  | 23 |  |  | — |  |  | — |  |  | — |  |  | 23 |
Property taxes |  | — |  |  | 12 |  |  | 28 |  |  | — |  |  | 40 |
Derivatives |  | 79 |  |  | — |  |  | — |  |  | — |  |  | 79 |
Other |  | 29 |  |  | 312 |  |  | 14 |  |  | 12 |  |  | 367 |
|  | 492 |  |  | 340 |  |  | 42 |  |  | (304 | ) |  | 570 |
|  | $ | 9,502 |  |  | $ | 6,663 |  |  | $ | 8,203 |  |  | $ | (11,200 | ) |  | $ | 13,168 |
LIABILITIES AND CAPITALIZATION |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Currently payable long-term debt |  | $ | — |  |  | $ | 229 |  |  | $ | 308 |  |  | $ | (25 | ) |  | $ | 512 |
Short-term borrowings- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Affiliated companies |  | 2,021 |  |  | 389 |  |  | — |  |  | (2,410 | ) |  | — |
Other |  | — |  |  | 8 |  |  | — |  |  | — |  |  | 8 |
Accounts payable- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Affiliated companies |  | 884 |  |  | 146 |  |  | 368 |  |  | (856 | ) |  | 542 |
Other |  | 21 |  |  | 118 |  |  | — |  |  | — |  |  | 139 |
Accrued taxes |  | 7 |  |  | 93 |  |  | 62 |  |  | (86 | ) |  | 76 |
Derivatives |  | 103 |  |  | 1 |  |  | — |  |  | — |  |  | 104 |
Other |  | 66 |  |  | 61 |  |  | 9 |  |  | 45 |  |  | 181 |
|  | 3,102 |  |  | 1,045 |  |  | 747 |  |  | (3,332 | ) |  | 1,562 |
CAPITALIZATION: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total equity |  | 5,605 |  |  | 2,944 |  |  | 4,476 |  |  | (7,420 | ) |  | 5,605 |
Long-term debt and other long-term obligations |  | 690 |  |  | 2,116 |  |  | 840 |  |  | (1,136 | ) |  | 2,510 |
|  | 6,295 |  |  | 5,060 |  |  | 5,316 |  |  | (8,556 | ) |  | 8,115 |
NONCURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred gain on sale and leaseback transaction |  | — |  |  | — |  |  | — |  |  | 791 |  |  | 791 |
Accumulated deferred income taxes |  | 6 |  |  | — |  |  | 697 |  |  | (103 | ) |  | 600 |
Retirement benefits |  | 27 |  |  | 305 |  |  | — |  |  | — |  |  | 332 |
Asset retirement obligations |  | — |  |  | 191 |  |  | 640 |  |  | — |  |  | 831 |
Derivatives |  | 37 |  |  | 1 |  |  | — |  |  | — |  |  | 38 |
Other |  | 35 |  |  | 61 |  |  | 803 |  |  | — |  |  | 899 |
|  | 105 |  |  | 558 |  |  | 2,140 |  |  | 688 |  |  | 3,491 |
|  | $ | 9,502 |  |  | $ | 6,663 |  |  | $ | 8,203 |  |  | $ | (11,200 | ) |  | $ | 13,168 |
Condensed Consolidating Statements of Cash Flows | FIRSTENERGY SOLUTIONS CORP. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the Six Months Ended June 30, 2016 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
NET CASH PROVIDED FROM (USED FOR) OPERATING ACTIVITIES |  | $ | (336 | ) |  | $ | 308 |  |  | $ | 596 |  |  | $ | (12 | ) |  | $ | 556 |
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
New Financing- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term borrowings, net |  | 322 |  |  | 89 |  |  | 8 |  |  | (209 | ) |  | 210 |
Redemptions and Repayments- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt |  | — |  |  | (12 | ) |  | (245 | ) |  | 12 |  |  | (245 | )
Other |  | — |  |  | (2 | ) |  | — |  |  | — |  |  | (2 | )
Net cash provided from (used for) financing activities |  | 322 |  |  | 75 |  |  | (237 | ) |  | (197 | ) |  | (37 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property additions |  | (27 | ) |  | (126 | ) |  | (182 | ) |  | — |  |  | (335 | )
Nuclear fuel |  | — |  |  | — |  |  | (188 | ) |  | — |  |  | (188 | )
Sales of investment securities held in trusts |  | — |  |  | — |  |  | 441 |  |  | — |  |  | 441 |
Purchases of investment securities held in trusts |  | — |  |  | — |  |  | (467 | ) |  | — |  |  | (467 | )
Cash investments |  | 11 |  |  | — |  |  | — |  |  | — |  |  | 11 |
Loans to affiliated companies, net |  | 22 |  |  | (257 | ) |  | 37 |  |  | 209 |  |  | 11 |
Other |  | 8 |  |  | — |  |  | — |  |  | — |  |  | 8 |
Net cash provided from (used for) investing activities |  | 14 |  |  | (383 | ) |  | (359 | ) |  | 209 |  |  | (519 | )
Net change in cash and cash equivalents |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Cash and cash equivalents at beginning of period |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Cash and cash equivalents at end of period |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
FIRSTENERGY SOLUTIONS CORP. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the Six Months Ended June 30, 2015 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
NET CASH PROVIDED FROM (USED FOR) OPERATING ACTIVITIES |  | $ | (600 | ) |  | $ | 275 |  |  | $ | 680 |  |  | $ | (12 | ) |  | $ | 343 |
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
New Financing- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term borrowings, net |  | 674 |  |  | 62 |  |  | — |  |  | (612 | ) |  | 124 |
Redemptions and Repayments- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt |  | (17 | ) |  | (12 | ) |  | (52 | ) |  | 12 |  |  | (69 | )
Short-term borrowings, net |  | — |  |  | — |  |  | (28 | ) |  | 28 |  |  | — |
Other |  | — |  |  | (2 | ) |  | — |  |  | — |  |  | (2 | )
Net cash provided from (used for) financing activities |  | 657 |  |  | 48 |  |  | (80 | ) |  | (572 | ) |  | 53 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property additions |  | (2 | ) |  | (95 | ) |  | (167 | ) |  | — |  |  | (264 | )
Nuclear fuel |  | — |  |  | — |  |  | (97 | ) |  | — |  |  | (97 | )
Sales of investment securities held in trusts |  | — |  |  | — |  |  | 376 |  |  | — |  |  | 376 |
Purchases of investment securities held in trusts |  | — |  |  | — |  |  | (404 | ) |  | — |  |  | (404 | )
Loans to affiliated companies, net |  | (55 | ) |  | (234 | ) |  | (308 | ) |  | 584 |  |  | (13 | )
Other |  | — |  |  | 6 |  |  | — |  |  | — |  |  | 6 |
Net cash used for investing activities |  | (57 | ) |  | (323 | ) |  | (600 | ) |  | 584 |  |  | (396 | )
Net change in cash and cash equivalents |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Cash and cash equivalents at beginning of period |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Cash and cash equivalents at end of period |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |

X
- Definition Condensed consolidating balance sheets. + References No definition available. + Details
Name: | fe_SupplementalGuarantorCondensedConsolidatingBalanceSheetsTableTextBlock
Namespace Prefix: | fe_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Condensed Consolidating Statements of Cash Flows. + References No definition available. + Details
Name: | fe_SupplementalGuarantorCondensedConsolidatingStatementsOfCashFlowsTableTextBlock
Namespace Prefix: | fe_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Condensed consolidating Statements of Income. + References No definition available. + Details
Name: | fe_SupplementalGuarantorCondensedConsolidatingStatementsOfIncomeTableTextBlock
Namespace Prefix: | fe_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Supplemental Guarantor Information Abstract. + References No definition available. + Details
Name: | fe_SupplementalGuarantorInformationAbstract
Namespace Prefix: | fe_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration