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Consolidated Statements of Income (Loss) (FirstEnergy Corp.) - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES:      
Regulated Distribution $ 9,629 $ 9,625 $ 9,102
Regulated Transmission 1,151 1,011 769
Unregulated businesses 3,782 4,390 5,178
Total revenues [1] 14,562 15,026 15,049
OPERATING EXPENSES:      
Fuel 1,666 1,855 2,280
Purchased power 3,813 4,318 4,716
Other operating expenses 3,858 3,749 3,962
Pension and OPEB mark-to-market adjustment 147 242 835
Provision for depreciation 1,313 1,282 1,220
Amortization of regulatory assets, net 320 268 12
General taxes 1,042 978 962
Impairment of assets (Note 2) 10,665 42 0
Total operating expenses 22,824 12,734 13,987
OPERATING INCOME (LOSS) (8,262) 2,292 1,062
OTHER INCOME (EXPENSE):      
Investment income (loss) 84 (22) 72
Impairment of equity method investment (Note 2) 0 (362) 0
Interest expense (1,157) (1,132) (1,081)
Capitalized financing costs 103 117 118
Total other expense (970) (1,399) (891)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (BENEFITS) (9,232) 893 171
INCOME TAXES (BENEFITS) (3,055) 315 (42)
INCOME (LOSS) FROM CONTINUING OPERATIONS (6,177) 578 213
Discontinued operations (net of income taxes of $69) (Note 20) 0 0 86
NET INCOME (LOSS) $ (6,177) $ 578 $ 299
EARNINGS (LOSS) PER SHARE OF COMMON STOCK:      
Basic - Continuing Operations, in dollars per share $ (14.49) $ 1.37 $ 0.51
Basic - Discontinued Operations, in dollars per share 0.00 0.00 0.20
Basic - Net Income (Loss), in dollars per share (14.49) 1.37 0.71
Diluted - Continuing Operations, in dollars per share (14.49) 1.37 0.51
Diluted - Discontinued Operations, in dollars per share 0.00 0.00 0.20
Diluted - Net Income (Loss), in dollars per share $ (14.49) $ 1.37 $ 0.71
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:      
Basic, in shares 426 422 420
Diluted, in shares 426 424 421
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK, in dollars per share $ 1.44 $ 1.44 $ 1.44
[1] Includes excise tax collections of $406 million, $416 million and $420 million in 2016, 2015 and 2014, respectively.