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Consolidated Statements of Income (Loss) (FirstEnergy Corp.) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUES:        
Regulated Distribution $ 2,262 $ 2,189 $ 4,752 $ 4,699
Regulated Transmission 327 275 640 561
Unregulated businesses 720 937 1,469 2,010
Total revenues [1] 3,309 3,401 6,861 7,270
OPERATING EXPENSES:        
Fuel 343 438 711 819
Purchased power 735 889 1,598 2,013
Other operating expenses 957 964 2,099 1,882
Provision for depreciation 281 334 556 663
Amortization of regulatory assets, net 65 63 124 124
General taxes 253 241 524 521
Impairment of assets (Note 14) 131 1,447 131 1,447
Total operating expenses 2,765 4,376 5,743 7,469
OPERATING INCOME (LOSS) 544 (975) 1,118 (199)
OTHER INCOME (EXPENSE):        
Investment income 17 19 41 47
Interest expense (290) (289) (577) (577)
Capitalized financing costs 20 26 40 51
Total other expense (253) (244) (496) (479)
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) 291 (1,219) 622 (678)
INCOME TAXES (BENEFITS) 117 (130) 243 83
NET INCOME (LOSS) $ 174 $ (1,089) $ 379 $ (761)
EARNINGS (LOSS) PER SHARE OF COMMON STOCK:        
Basic, in dollars per share $ 0.39 $ (2.56) $ 0.86 $ (1.79)
Diluted, in dollars per share $ 0.39 $ (2.56) $ 0.85 $ (1.79)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:        
Basic, in shares 444 425 443 424
Diluted, in shares 445 425 444 424
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK, in dollars per share $ 0 $ 0 $ 0.72 $ 0.72
Excise taxes collected $ 91 $ 92 $ 191 $ 199
[1] Includes excise tax collections of $91 million and $92 million in the three months ended June 30, 2017 and 2016, respectively, and $191 million and $199 million in the six months ended June 30, 2017 and 2016, respectively.