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Consolidated Statements of Income (FirstEnergy Corp.) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES:    
Regulated Distribution $ 2,490 $ 2,510
Regulated Transmission 313 286
Unregulated businesses 749 1,073
Total revenues [1] 3,552 3,869
OPERATING EXPENSES:    
Fuel 368 381
Purchased power 863 1,124
Other operating expenses 1,142 918
Provision for depreciation 275 329
Amortization of regulatory assets, net 59 61
General taxes 271 280
Total operating expenses 2,978 3,093
OPERATING INCOME 574 776
OTHER INCOME (EXPENSE):    
Investment income 24 28
Interest expense (287) (288)
Capitalized financing costs 20 25
Total other expense (243) (235)
INCOME BEFORE INCOME TAXES 331 541
INCOME TAXES 126 213
NET INCOME $ 205 $ 328
EARNINGS PER SHARE OF COMMON STOCK:    
Basic, in dollars per share $ 0.46 $ 0.78
Diluted, in dollars per share $ 0.46 $ 0.77
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:    
Basic, in shares 443 424
Diluted, in shares 444 426
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK, in dollars per share $ 0.72 $ 0.72
Excise taxes collected $ 100 $ 107
[1] Includes excise tax collections of $100 million and $107 million in the three months ended March 31, 2017 and 2016, respectively.