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Segment Information
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION

FirstEnergy's reportable segments are as follows: Regulated Distribution, Regulated Transmission, and CES.

Financial information for each of FirstEnergy’s reportable segments is presented in the tables below. FES does not have separate reportable operating segments.

The Regulated Distribution segment distributes electricity through FirstEnergy’s ten utility operating companies, serving approximately six million customers within 65,000 square miles of Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York, and purchases power for its POLR, SOS, SSO and default service requirements in Ohio, Pennsylvania, New Jersey and Maryland. This segment also controls 3,790 MWs of regulated electric generation capacity located primarily in West Virginia, Virginia and New Jersey. The segment's results reflect the commodity costs of securing electric generation and the deferral and amortization of certain fuel costs.
The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by ATSI, TrAIL, MAIT (effective January 31, 2017) and certain of FirstEnergy's utilities (JCP&L, MP, PE and WP). The segment's revenues are primarily derived from forward-looking rates at ATSI and TrAIL, as well as stated transmission rates at certain of FirstEnergy’s utilities. As discussed in "FERC Matters" above, MAIT and JCP&L submitted applications to FERC requesting authorization to implement forward-looking formula transmission rates. In March 2017, FERC approved JCP&L's and MAIT's forward-looking formula rate with effective dates of June 1, 2017, and July 1, 2017, respectively, both subject to refund pending further FERC hearing and settlement procedures. Both the forward-looking and stated rates recover costs and provide a return on transmission capital investment. Under forward-looking rates, the revenue requirement is updated annually based on a projected rate base and projected costs, which is subject to an annual true-up based on actual costs. The segment's results also reflect the net transmission expenses related to the delivery of electricity on FirstEnergy's transmission facilities.
The CES segment, through FES and AE Supply, primarily supplies electricity to end-use customers through retail and wholesale arrangements, including competitive retail sales to customers primarily in Ohio, Pennsylvania, Illinois, Michigan, New Jersey and Maryland, and the provision of partial POLR and default service for some utilities in Ohio, Pennsylvania and Maryland, including the Utilities. As of March 31, 2017, this business segment controlled 13,162 MWs of electric generating capacity including, as discussed in "Note 9, Regulatory Matters", 1,572 MWs of natural gas and hydroelectric generating capacity subject to an asset purchase agreement with Aspen and the 1,300 MW Pleasants power station subject to an asset purchase agreement with MP resulting from MP's RFP process to address its generation shortfall. The CES segment’s operating results are primarily derived from electric generation sales less the related costs of electricity generation, including fuel, purchased power and net transmission (including congestion) and ancillary costs and capacity costs charged by PJM to deliver energy to the segment’s customers, as well as other operating and maintenance costs, including costs incurred by FENOC.
Corporate support not charged to FE's subsidiaries, interest expense on stand-alone holding company debt, corporate income taxes and other businesses that do not constitute an operating segment are categorized as Corporate/Other for reportable business segment purposes. Additionally, reconciling adjustments for the elimination of inter-segment transactions are included in Corporate/Other. As of March 31, 2017, Corporate/Other had $4.5 billion of stand-alone holding company long-term debt, of which 33% was subject to variable-interest rates, and $2.8 billion was borrowed by FE under its revolving credit facility.
Segment Financial Information

For the Three Months Ended
 
Regulated Distribution
 
Regulated Transmission
 
Competitive Energy Services
 
Corporate/ Other
 
Reconciling Adjustments
 
Consolidated
 
 
(In millions)
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
2,490

 
$
313

 
$
814

 
$
—

 
$
(65
)
 
$
3,552

Internal revenues
 
—

 
—

 
117

 
—

 
(117
)
 
—

Total revenues
 
2,490

 
313

 
931

 
—

 
(182
)
 
3,552

Depreciation
 
178

 
51

 
28

 
18

 
—

 
275

Amortization of regulatory assets, net
 
57

 
2

 
—

 
—

 
—

 
59

Investment income
 
14

 
—

 
20

 
3

 
(13
)
 
24

Interest expense
 
138

 
39

 
45

 
65

 
—

 
287

Income taxes (benefits)
 
138

 
52

 
(35
)
 
(29
)
 
—

 
126

Net income (loss)
 
237

 
88

 
(67
)
 
(53
)
 
—

 
205

Total assets
 
27,826

 
8,938

 
5,811

 
637

 
—

 
43,212

Total goodwill
 
5,004

 
614

 
—

 
—

 
—

 
5,618

Property additions
 
264

 
224

 
92

 
8

 
—

 
588

 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 

 
 

 
 

 
 

 
 
 
 

External revenues
 
$
2,510

 
$
286

 
$
1,152

 
$
—

 
$
(79
)
 
$
3,869

Internal revenues
 
—

 
—

 
152

 
—

 
(152
)
 
—

Total revenues
 
2,510

 
286

 
1,304

 
—

 
(231
)
 
3,869

Depreciation
 
167

 
45

 
102

 
15

 
—

 
329

Amortization of regulatory assets, net
 
59

 
2

 
—

 
—

 
—

 
61

Investment income
 
11

 
—

 
15

 
11

 
(9
)
 
28

Interest expense
 
150

 
40

 
47

 
51

 
—

 
288

Income taxes (benefits)
 
94

 
47

 
85

 
(13
)
 
—

 
213

Net income (loss)
 
158

 
81

 
144

 
(55
)
 
—

 
328

Total assets
 
27,447

 
8,139

 
16,578

 
531

 
—

 
52,695

Total goodwill
 
5,004

 
614

 
800

 
—

 
—

 
6,418

Property additions
 
241

 
279

 
169

 
9

 
—

 
698