XML 41 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Pension and Other Postemployment Benefits (Tables)
6 Months Ended
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Costs
The components of the consolidated net periodic cost (credits) for pension and OPEB (including amounts capitalized) were as follows:
Components of Net Periodic Benefit Costs (Credits)
 
Pension
OPEB
For the Three Months Ended June 30
 
2016

2015

2016

2015
 
 
(In millions)
Service costs
 
$
48

 
$
48

 
$
1

 
$
1

Interest costs
 
99

 
96

 
8

 
7

Expected return on plan assets
 
(100
)
 
(111
)
 
(8
)
 
(8
)
Amortization of prior service costs (credits)
 
2

 
2

 
(20
)
 
(34
)
Net periodic costs (credits)
 
$
49

 
$
35

 
$
(19
)
 
$
(34
)
 
 
 
 
 
 
 
 
 
Components of Net Periodic Benefit Costs (Credits)
 
Pension
OPEB
For the Six Months Ended June 30
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
Service costs
 
$
96

 
$
96

 
$
2

 
$
2

Interest costs
 
199

 
192

 
15

 
14

Expected return on plan assets
 
(197
)
 
(222
)
 
(16
)
 
(16
)
Amortization of prior service costs (credits)
 
4

 
4

 
(40
)
 
(67
)
Net periodic costs (credits)
 
$
102

 
$
70

 
$
(39
)
 
$
(67
)
Net Periodic Pension and OPEB Costs
FES' share of the net periodic pension and OPEB costs (credits) were as follows:
 
 
Pension
OPEB
 
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
For the Three Months Ended June 30
 
$
6

 
$
4

 
$
(4
)
 
$
(5
)
For the Six Months Ended June 30
 
12

 
8

 
(8
)
 
(10
)


Pension and OPEB obligations are allocated to FE's subsidiaries, including FES, employing the plan participants. The net periodic pension and OPEB costs (credits), net of amounts capitalized, recognized in earnings by FE and FES were as follows:
Net Periodic Benefit Expense (Credit)
 
Pension
 
OPEB
For the Three Months Ended June 30
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
FirstEnergy
 
$
35

 
$
24

 
$
(15
)
 
$
(22
)
FES
 
6

 
4

 
(4
)
 
(4
)
 
 
 
 
 
 
 
 
 
Net Periodic Benefit Expense (Credit)
 
Pension
 
OPEB
For the Six Months Ended June 30
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
FirstEnergy
 
$
72

 
$
49

 
$
(30
)
 
$
(45
)
FES
 
12

 
8

 
(8
)
 
(8
)