XML 18 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets (FirstEnergy Corp.) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 114 $ 199
Receivables-    
Customers, net of allowance for uncollectible accounts of $52 in 2017 and $53 in 2016 1,375 1,440
Other, net of allowance for uncollectible accounts of $1 in 2017 and 2016 161 175
Materials and supplies 553 564
Prepaid taxes 227 98
Derivatives 45 140
Collateral 129 176
Other 151 158
Total current assets 2,755 2,950
PROPERTY, PLANT AND EQUIPMENT:    
In service 43,929 43,767
Less — Accumulated provision for depreciation 15,999 15,731
Property, plant and equipment in service net of accumulated provision for depreciation 27,930 28,036
Construction work in progress 1,249 1,351
Total net property, plant and equipment 29,179 29,387
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,588 2,514
Other 507 512
Total other property and investments 3,095 3,026
ASSETS HELD FOR SALE (Note 14) 815 0
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 5,618 5,618
Regulatory assets 994 1,014
Other 871 1,153
Total deferred charges and other assets 7,483 7,785
Total assets 43,327 43,148
CURRENT LIABILITIES:    
Currently payable long-term debt 2,015 1,685
Short-term borrowings 225 2,675
Accounts payable 932 1,043
Accrued taxes 518 580
Accrued compensation and benefits 293 363
Derivatives 18 78
Collateral 27 42
Other 619 660
Total current liabilities 4,647 7,126
Common stockholders’ equity-    
Common stock, $0.10 par value, authorized 490,000,000 shares - 444,304,456 and 442,344,218 shares outstanding as of June 30, 2017 and December 31, 2016, respectively 44 44
Other paid-in capital 10,272 10,555
Accumulated other comprehensive income 163 174
Accumulated deficit (4,159) (4,532)
Total common stockholders’ equity 6,320 6,241
Long-term debt and other long-term obligations 20,582 18,192
Total capitalization 26,902 24,433
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 3,992 3,765
Retirement benefits 3,784 3,719
Asset retirement obligations 1,526 1,482
Deferred gain on sale and leaseback transaction 740 757
Adverse power contract liability 152 162
Other 1,584 1,704
Total noncurrent liabilities 11,778 11,589
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 11)
Total liabilities and capitalization $ 43,327 $ 43,148