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Consolidated Balance Sheets (FirstEnergy Solutions 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 $4 in 2017 and $5 in 2016 1,396 1,440
Other 155 175
Materials and supplies 531 564
Derivatives 43 140
Collateral 122 176
Prepaid taxes and 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
DEFERRED CHARGES AND OTHER ASSETS:    
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
Accounts payable-    
Accrued taxes 555 580
Derivatives 27 78
Other 848 660
Total current liabilities 7,657 7,126
Common stockholders’ equity-    
Common stock, without par value, authorized 750 shares - 7 shares outstanding as of March 31, 2017 and December 31, 2016 44 44
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:    
Deferred gain on sale and leaseback transaction 748 757
Retirement benefits 3,756 3,719
Asset retirement obligations 1,505 1,482
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
FES    
CURRENT ASSETS:    
Cash and cash equivalents 2 2
Receivables-    
Customers, net of allowance for uncollectible accounts of $4 in 2017 and $5 in 2016 173 213
Affiliated companies 376 452
Other 51 27
Notes receivable from affiliated companies 0 29
Materials and supplies 252 267
Derivatives 43 137
Collateral 107 157
Prepaid taxes and other 51 63
Total current assets 1,055 1,347
PROPERTY, PLANT AND EQUIPMENT:    
In service 7,108 7,057
Less — Accumulated provision for depreciation 5,998 5,929
Property, plant and equipment in service net of accumulated provision for depreciation 1,110 1,128
Construction work in progress 488 427
Total net property, plant and equipment 1,598 1,555
INVESTMENTS:    
Nuclear plant decommissioning trusts 1,593 1,552
Other 10 10
Total other property and investments 1,603 1,562
DEFERRED CHARGES AND OTHER ASSETS:    
Property taxes 30 40
Accumulated deferred income taxes 2,268 2,279
Derivatives 17 77
Other 393 381
Total deferred charges and other assets 2,708 2,777
Total assets 6,964 7,241
CURRENT LIABILITIES:    
Currently payable long-term debt 150 179
Accounts payable-    
Affiliated companies 316 550
Other 107 110
Accrued taxes 137 143
Derivatives 25 77
Other 194 156
Total current liabilities 1,043 1,316
Common stockholders’ equity-    
Common stock, without par value, authorized 750 shares - 7 shares outstanding as of March 31, 2017 and December 31, 2016 3,658 3,658
Accumulated other comprehensive income 77 69
Accumulated deficit (3,589) (3,509)
Total common stockholders’ equity 146 218
Long-term debt and other long-term obligations 2,812 2,813
Total capitalization 2,958 3,031
NONCURRENT LIABILITIES:    
Deferred gain on sale and leaseback transaction 748 757
Retirement benefits 202 197
Asset retirement obligations 915 901
Derivatives 3 52
Other 1,095 987
Total noncurrent liabilities 2,963 2,894
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 10)
Total liabilities and capitalization 6,964 7,241
FES | Affiliated Companies    
CURRENT LIABILITIES:    
Affiliated companies $ 114 $ 101