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Consolidated Balance Sheets (FirstEnergy Corp.) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 199 $ 131
Receivables-    
Customers, net of allowance for uncollectible accounts of $53 in 2016 and $69 in 2015 1,440 1,415
Other, net of allowance for uncollectible accounts of $1 in 2016 and $5 in 2015 175 180
Materials and supplies, at average cost 564 785
Prepaid taxes 98 135
Derivatives 140 157
Collateral 176 70
Other 158 167
Total current assets 2,950 3,040
PROPERTY, PLANT AND EQUIPMENT:    
In service 43,767 49,952
Less — Accumulated provision for depreciation 15,731 15,160
Property, plant and equipment in service net of accumulated provision for depreciation 28,036 34,792
Construction work in progress 1,351 2,422
Total net property, plant and equipment 29,387 37,214
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,514 2,282
Other 512 506
Total other property and investments 3,026 2,788
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 5,618 6,418
Regulatory assets 1,014 1,348
Other 1,153 1,286
Total deferred charges and other assets 7,785 9,052
Total assets 43,148 52,094
CURRENT LIABILITIES:    
Currently payable long-term debt 1,685 1,166
Short-term borrowings 2,675 1,708
Accounts payable 1,043 1,075
Accrued taxes 580 519
Accrued compensation and benefits 363 334
Derivatives 78 106
Collateral 42 52
Other 660 642
Total current liabilities 7,126 5,602
Common stockholders’ equity-    
Common stock, $0.10 par value, authorized 490,000,000 shares - 442,344,218 and 423,560,397 shares outstanding as of December 31, 2016 and December 31, 2015, respectively 44 42
Other paid-in capital 10,555 9,952
Accumulated other comprehensive income 174 171
Retained earnings (Accumulated deficit) (4,532) 2,256
Total common stockholders’ equity 6,241 12,421
Noncontrolling interest 0 1
Total equity 6,241 12,422
Long-term debt and other long-term obligations 18,192 19,099
Total capitalization 24,433 31,521
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 3,765 6,773
Retirement benefits 3,719 4,245
Asset retirement obligations 1,482 1,410
Deferred gain on sale and leaseback transaction 757 791
Adverse power contract liability 162 197
Other 1,704 1,555
Total noncurrent liabilities 11,589 14,971
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 16)
Total liabilities and capitalization $ 43,148 $ 52,094