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Accumulated Other Comprehensive Income
 3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE INCOME

The changes in AOCI, net of tax, in the three months ended March 31, 2017 and 2016, for FirstEnergy are included in the following tables:
FirstEnergy
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of January 1, 2017
 
$
(28
)
 
$
52

 
$
150

 
$
174

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
32

 
—

 
32

Amounts reclassified from AOCI
 
3

 
(16
)
 
(18
)
 
(31
)
Other comprehensive income (loss)
 
3

 
16

 
(18
)
 
1

Income taxes (benefits) on other comprehensive income (loss)
 
1

 
5

 
(6
)
 
—

Other comprehensive income (loss), net of tax
 
2

 
11

 
(12
)
 
1

 
 
 
 
 
 
 
 
 
AOCI Balance as of March 31, 2017
 
$
(26
)
 
$
63

 
$
138

 
$
175

 
 
 
 
 
 
 
 
 
AOCI Balance as of January 1, 2016
 
$
(33
)
 
$
18

 
$
186

 
$
171

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
41

 
—

 
41

Amounts reclassified from AOCI
 
2

 
(13
)
 
(18
)
 
(29
)
Other comprehensive income (loss)
 
2

 
28

 
(18
)
 
12

Income taxes (benefits) on other comprehensive income (loss)
 
1

 
10

 
(7
)
 
4

Other comprehensive income (loss), net of tax
 
1

 
18

 
(11
)
 
8

 
 
 
 
 
 
 
 
 
AOCI Balance as of March 31, 2016
 
$
(32
)
 
$
36

 
$
175

 
$
179

 
 
 
 
 
 
 
 
 


The following amounts were reclassified from AOCI for FirstEnergy in the three months ended March 31, 2017 and 2016:
 
 
For the Three Months Ended March 31
 
Affected Line Item in Consolidated Statements of Income
Reclassifications from AOCI(2)
 
2017
 
2016
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges
 
 
 
 
 
 
Commodity contracts
 
$
—

 
$
—

 
Other operating expenses
Long-term debt
 
3

 
2

 
Interest expense
 
 
3

 
2

 
Total before taxes
 
 
(1
)
 
(1
)
 
Income taxes
 
 
$
2

 
$
1

 
Net of tax
 
 
 
 
 
 
 
Unrealized gains on AFS securities
 
 
 
 
 
 
Realized gains on sales of securities
 
$
(16
)
 
$
(13
)
 
Investment income
 
 
6

 
5

 
Income taxes
 
 
$
(10
)
 
$
(8
)
 
Net of tax
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans
 
 
 
 
 
 
Prior-service costs
 
$
(18
)
 
$
(18
)
 
(1) 
 
 
6

 
7

 
Income taxes
 
 
$
(12
)
 
$
(11
)
 
Net of tax
 
 
 
 
 
 
 
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, Pension and Other Postemployment Benefits for additional details.
(2) Amounts in parenthesis represent credits to the Consolidated Statements of Income from AOCI.


The changes in AOCI, net of tax, in the three months ended March 31, 2017 and 2016, for FES are included in the following tables:
FES
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of January 1, 2017
 
$
(9
)
 
$
48

 
$
30

 
$
69

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
31

 
—

 
31

Amounts reclassified from AOCI
 
—

 
(15
)
 
(3
)
 
(18
)
Other comprehensive income (loss)
 
—

 
16

 
(3
)
 
13

Income taxes (benefits) on other comprehensive income (loss)
 
—

 
6

 
(1
)
 
5

Other comprehensive income (loss), net of tax
 
—

 
10

 
(2
)
 
8

 
 
 
 
 
 
 
 
 
AOCI Balance as of March 31, 2017
 
$
(9
)
 
$
58

 
$
28

 
$
77

 
 
 
 
 
 
 
 
 
AOCI Balance as of January 1, 2016
 
$
(9
)
 
$
16

 
$
39

 
$
46

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
36

 
—

 
36

Amounts reclassified from AOCI
 
—

 
(13
)
 
(4
)
 
(17
)
Other comprehensive income (loss)
 
—

 
23

 
(4
)
 
19

Income tax (benefits) on other comprehensive income (loss)
 
—

 
9

 
(2
)
 
7

Other comprehensive income (loss), net of tax
 
—

 
14

 
(2
)
 
12

 
 
 
 
 
 
 
 
 
AOCI Balance as of March 31, 2016
 
$
(9
)
 
$
30

 
$
37

 
$
58



The following amounts were reclassified from AOCI for FES in the three months ended March 31, 2017 and 2016:
 
 
For the Three Months Ended March 31
 
Affected Line Item in Consolidated Statements of Income (Loss)
Reclassifications from AOCI(2)
 
2017
 
2016
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges
 
 
 
 
 
 
Commodity contracts
 
$
—

 
$
—

 
Other operating expenses
 
 
—

 
—

 
Income taxes (benefits)
 
 
$
—

 
$
—

 
Net of tax
 
 
 
 
 
 
 
Unrealized gains on AFS securities
 
 
 
 
 
 
Realized gains on sales of securities
 
$
(15
)
 
$
(13
)
 
Investment income
 
 
6

 
5

 
Income taxes (benefits)
 
 
$
(9
)
 
$
(8
)
 
Net of tax
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans
 
 
 
 
 
 
Prior-service costs
 
$
(3
)
 
$
(4
)
 
(1) 
 
 
1

 
2

 
Income taxes (benefits)
 
 
$
(2
)
 
$
(2
)
 
Net of tax
 
 
 
 
 
 
 
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, Pension and Other Postemployment Benefits for additional details.
(2) Amounts in parenthesis represent credits to the Consolidated Statements of Income (Loss) from AOCI.