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Consolidated Balance Sheets (FirstEnergy Corp.) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 164 $ 199
Receivables-    
Customers, net of allowance for uncollectible accounts of $52 in 2017 and $53 in 2016 1,396 1,440
Other, net of allowance for uncollectible accounts of $1 in 2017 and 2016 155 175
Materials and supplies 531 564
Prepaid taxes 202 98
Derivatives 43 140
Collateral 122 176
Other 147 158
Total current assets 2,760 2,950
PROPERTY, PLANT AND EQUIPMENT:    
In service 42,976 43,767
Less — Accumulated provision for depreciation 15,769 15,731
Property, plant and equipment in service net of accumulated provision for depreciation 27,207 28,036
Construction work in progress 1,588 1,351
Total net property, plant and equipment 28,795 29,387
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,571 2,514
Other 519 512
Total other property and investments 3,090 3,026
ASSETS HELD FOR SALE (Note 1) 921 0
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 5,618 5,618
Regulatory assets 1,000 1,014
Other 1,028 1,153
Total deferred charges and other assets 7,646 7,785
Total assets 43,212 43,148
CURRENT LIABILITIES:    
Currently payable long-term debt 2,147 1,685
Short-term borrowings 2,750 2,675
Accounts payable 977 1,043
Accrued taxes 555 580
Accrued compensation and benefits 307 363
Derivatives 27 78
Collateral 46 42
Other 848 660
Total current liabilities 7,657 7,126
Common stockholders’ equity-    
Common stock, $0.10 par value, authorized 490,000,000 shares - 443,740,014 and 442,344,218 shares outstanding as of March 31, 2017 and December 31, 2016, respectively 44 44
Other paid-in capital 10,253 10,555
Accumulated other comprehensive income 175 174
Accumulated deficit (4,333) (4,532)
Total common stockholders’ equity 6,139 6,241
Long-term debt and other long-term obligations 17,762 18,192
Total capitalization 23,901 24,433
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 3,882 3,765
Retirement benefits 3,756 3,719
Asset retirement obligations 1,505 1,482
Deferred gain on sale and leaseback transaction 748 757
Adverse power contract liability 157 162
Other 1,606 1,704
Total noncurrent liabilities 11,654 11,589
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 10)
Total liabilities and capitalization $ 43,212 $ 43,148