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Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (FirstEnergy Solutions Corp.) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES:    
Electric sales $ 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
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
STATEMENTS OF COMPREHENSIVE INCOME (LOSS)    
NET INCOME 205 328
OTHER COMPREHENSIVE INCOME:    
Pension and OPEB prior service costs (18) (18)
Change in unrealized gains on available-for-sale securities 16 28
Other comprehensive income 1 12
Income taxes (benefits) on other comprehensive income (loss) 0 4
Other comprehensive income, net of tax 1 8
COMPREHENSIVE INCOME 206 336
FES    
REVENUES:    
Other 35 45
Total revenues 914 1,199
OPERATING EXPENSES:    
Fuel 144 165
Other operating expenses 518 240
Provision for depreciation 25 83
General taxes 21 26
Total operating expenses 1,031 973
OPERATING INCOME (117) 226
OTHER INCOME (EXPENSE):    
Investment income 20 13
Miscellaneous income 5 2
Capitalized financing costs 8 10
Total other expense (4) (13)
INCOME BEFORE INCOME TAXES (121) 213
INCOME TAXES (41) 82
NET INCOME (80) 131
STATEMENTS OF COMPREHENSIVE INCOME (LOSS)    
NET INCOME (80) 131
OTHER COMPREHENSIVE INCOME:    
Pension and OPEB prior service costs (3) (4)
Change in unrealized gains on available-for-sale securities 16 23
Other comprehensive income 13 19
Income taxes (benefits) on other comprehensive income (loss) 5 7
Other comprehensive income, net of tax 8 12
COMPREHENSIVE INCOME (72) 143
FES | Affiliates    
REVENUES:    
Electric sales 111 147
OPERATING EXPENSES:    
Purchased power 163 82
OTHER INCOME (EXPENSE):    
Interest expense (2) (2)
FES | Non-Affiliates    
REVENUES:    
Electric sales 768 1,007
OPERATING EXPENSES:    
Purchased power 160 377
OTHER INCOME (EXPENSE):    
Interest expense $ (35) $ (36)
[1] Includes excise tax collections of $100 million and $107 million in the three months ended March 31, 2017 and 2016, respectively.