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Consolidated Balance Sheets (FirstEnergy Solutions Corp.) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 551 $ 131
Receivables-    
Customers, net of allowance for uncollectible accounts of $6 in 2016 and $8 in 2015 1,470 1,415
Other, net of allowance for uncollectible accounts of $3 in 2016 and 2015 159 180
Materials and supplies 699 785
Derivatives 152 157
Collateral 89 70
Prepayments and other 156 167
Total current assets 3,480 3,040
PROPERTY, PLANT AND EQUIPMENT:    
In service 50,889 49,952
Less - Accumulated provision for depreciation 15,450 15,160
Property, plant and equipment in service net of accumulated provision for depreciation 35,439 34,792
Construction work in progress 2,394 2,422
Total net property, plant and equipment 37,833 37,214
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,502 2,282
Other 533 506
Total other property and investments 3,035 2,788
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill (Note 2) 5,618 6,418
Other 907 1,286
Total deferred charges and other assets 7,613 9,052
Total assets 51,961 52,094
CURRENT LIABILITIES:    
Currently payable long-term debt 1,216 1,166
Other 2,975 1,708
Accounts payable-    
Accrued taxes 537 519
Derivatives 91 106
Other 915 694
Total current liabilities 7,043 5,602
Common stockholders' equity-    
Common stock, without par value, authorized 750 shares - 7 shares outstanding as of September 30, 2016 and December 31, 2015 43 42
Accumulated other comprehensive income 184 171
Retained earnings 1,264 2,256
Total common stockholders' equity 11,503 12,421
Long-term debt and other long-term obligations 18,532 19,099
Total capitalization 30,035 31,521
NONCURRENT LIABILITIES:    
Deferred gain on sale and leaseback transaction 765 791
Accumulated deferred income taxes 7,136 6,773
Retirement benefits 4,080 4,245
Asset retirement obligations 1,459 1,410
Other 1,269 1,555
Total noncurrent liabilities 14,883 14,971
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 12)
Total liabilities and capitalization 51,961 52,094
FES    
CURRENT ASSETS:    
Cash and cash equivalents 2 2
Receivables-    
Customers, net of allowance for uncollectible accounts of $6 in 2016 and $8 in 2015 225 275
Affiliated companies 482 451
Other, net of allowance for uncollectible accounts of $3 in 2016 and 2015 55 59
Notes receivable from affiliated companies 26 11
Materials and supplies 403 470
Derivatives 146 154
Collateral 85 70
Prepayments and other 72 66
Total current assets 1,496 1,558
PROPERTY, PLANT AND EQUIPMENT:    
In service 14,100 14,311
Less - Accumulated provision for depreciation 5,822 5,765
Property, plant and equipment in service net of accumulated provision for depreciation 8,278 8,546
Construction work in progress 1,048 1,157
Total net property, plant and equipment 9,326 9,703
INVESTMENTS:    
Nuclear plant decommissioning trusts 1,542 1,327
Other 10 10
Total other property and investments 1,552 1,337
DEFERRED CHARGES AND OTHER ASSETS:    
Customer intangibles 11 61
Goodwill (Note 2) 0 23
Property taxes 10 40
Derivatives 98 79
Other 374 367
Total deferred charges and other assets 493 570
Total assets 12,867 13,168
CURRENT LIABILITIES:    
Currently payable long-term debt 182 512
Other 0 8
Accounts payable-    
Affiliated companies 393 542
Other 89 139
Accrued taxes 72 76
Derivatives 89 104
Other 182 181
Total current liabilities 1,108 1,562
Common stockholders' equity-    
Common stock, without par value, authorized 750 shares - 7 shares outstanding as of September 30, 2016 and December 31, 2015 3,653 3,613
Accumulated other comprehensive income 77 46
Retained earnings 1,679 1,946
Total common stockholders' equity 5,409 5,605
Long-term debt and other long-term obligations 2,815 2,510
Total capitalization 8,224 8,115
NONCURRENT LIABILITIES:    
Deferred gain on sale and leaseback transaction 765 791
Accumulated deferred income taxes 734 600
Retirement benefits 219 332
Asset retirement obligations 887 831
Derivatives 50 38
Other 880 899
Total noncurrent liabilities 3,535 3,491
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 12)
Total liabilities and capitalization 12,867 13,168
FES | Affiliated Companies    
CURRENT LIABILITIES:    
Affiliated companies $ 101 $ 0