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Consolidated Statements of Income (Loss) (FirstEnergy Corp.) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUES:        
Regulated Distribution $ 2,702 $ 2,624 $ 7,423 $ 7,425
Regulated Transmission 285 248 824 755
Unregulated businesses 930 1,251 2,940 3,305
Total revenues [1] 3,917 4,123 11,187 11,485
OPERATING EXPENSES:        
Fuel 450 482 1,269 1,378
Purchased power 979 1,209 2,992 3,311
Other operating expenses 953 842 2,835 2,799
Provision for depreciation 311 328 974 969
Amortization of regulatory assets, net 98 110 222 201
General taxes 265 236 786 747
Impairment of assets (Note 2) 0 8 1,447 24
Total operating expenses 3,056 3,215 10,525 9,429
OPERATING INCOME 861 908 662 2,056
OTHER INCOME (EXPENSE):        
Investment income (loss) 28 (28) 75 (14)
Interest expense (286) (285) (863) (846)
Capitalized financing costs 28 26 79 93
Total other expense (230) (287) (709) (767)
INCOME (LOSS) BEFORE INCOME TAXES 631 621 (47) 1,289
INCOME TAXES 251 226 334 485
NET INCOME (LOSS) $ 380 $ 395 $ (381) $ 804
EARNINGS (LOSSES) PER SHARE OF COMMON STOCK:        
Basic, in dollars per share $ 0.89 $ 0.94 $ (0.90) $ 1.91
Diluted, in dollars per share $ 0.89 $ 0.93 $ (0.90) $ 1.90
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:        
Basic, in shares 425 423 425 422
Diluted, in shares 427 424 425 423
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK, in dollars per share $ 0.72 $ 0.72 $ 1.44 $ 1.44
Excise taxes collected $ 111 $ 109 $ 310 $ 320
[1] Includes excise tax collections of $111 million and $109 million in the three months ended September 30, 2016 and 2015, respectively, and $310 million and $320 million in the nine months ended September 30, 2016 and 2015, respectively.