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Consolidated Balance Sheets (FirstEnergy Solutions 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 $3 in 2017 and $5 in 2016 1,375 1,440
Other 161 175
Materials and supplies 553 564
Derivatives 45 140
Collateral 129 176
Prepaid taxes and 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
DEFERRED CHARGES AND OTHER ASSETS:    
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
Accounts payable-    
Accrued taxes 518 580
Derivatives 18 78
Other 619 660
Total current liabilities 4,647 7,126
Common stockholders’ equity-    
Common stock, without par value, authorized 750 shares - 7 shares outstanding as of June 30, 2017 and December 31, 2016 44 44
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:    
Deferred gain on sale and leaseback transaction 740 757
Retirement benefits 3,784 3,719
Asset retirement obligations 1,526 1,482
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
FES    
CURRENT ASSETS:    
Cash and cash equivalents 2 2
Receivables-    
Customers, net of allowance for uncollectible accounts of $3 in 2017 and $5 in 2016 185 213
Affiliated companies 385 452
Other 12 27
Notes receivable from affiliated companies 0 29
Materials and supplies 260 267
Derivatives 41 137
Collateral 111 157
Prepaid taxes and other 51 63
Total current assets 1,047 1,347
PROPERTY, PLANT AND EQUIPMENT:    
In service 7,382 7,057
Less — Accumulated provision for depreciation 6,055 5,929
Property, plant and equipment in service net of accumulated provision for depreciation 1,327 1,128
Construction work in progress 299 427
Total net property, plant and equipment 1,626 1,555
INVESTMENTS:    
Nuclear plant decommissioning trusts 1,793 1,552
Other 9 10
Total other property and investments 1,802 1,562
DEFERRED CHARGES AND OTHER ASSETS:    
Property taxes 20 40
Accumulated deferred income taxes 2,108 2,279
Derivatives 9 77
Other 379 381
Total deferred charges and other assets 2,516 2,777
Total assets 6,991 7,241
CURRENT LIABILITIES:    
Currently payable long-term debt 255 179
Accounts payable-    
Affiliated companies 264 550
Other 91 110
Accrued taxes 129 143
Derivatives 18 77
Other 170 156
Total current liabilities 1,202 1,316
Common stockholders’ equity-    
Common stock, without par value, authorized 750 shares - 7 shares outstanding as of June 30, 2017 and December 31, 2016 3,730 3,658
Accumulated other comprehensive income 79 69
Accumulated deficit (3,570) (3,509)
Total common stockholders’ equity 239 218
Long-term debt and other long-term obligations 2,573 2,813
Total capitalization 2,812 3,031
NONCURRENT LIABILITIES:    
Deferred gain on sale and leaseback transaction 740 757
Retirement benefits 205 197
Asset retirement obligations 975 901
Derivatives 1 52
Other 1,056 987
Total noncurrent liabilities 2,977 2,894
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 11)
Total liabilities and capitalization 6,991 7,241
FES | Affiliated Companies    
CURRENT LIABILITIES:    
Affiliated companies $ 275 $ 101