XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Supplemental Guarantor Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Supplemental Guarantor Information [Abstract] |
Condensed Consolidating Statements of Income (Loss) and Comprehensive Income (Loss) |
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
For the Three Months Ended September 30, 2017 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
STATEMENTS OF INCOME |  |  |  |  |  |  |  |  |  |
REVENUES |  | $ | 741 |  |  | $ | 231 |  |  | $ | 292 |  |  | $ | (521 | ) |  | $ | 743 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel |  | — |  |  | 108 |  |  | 57 |  |  | — |  |  | 165 |
Purchased power from affiliates |  | 520 |  |  | — |  |  | 1 |  |  | (521 | ) |  | — |
Purchased power from non-affiliates |  | 152 |  |  | — |  |  | — |  |  | — |  |  | 152 |
Other operating expenses |  | 70 |  |  | 62 |  |  | 147 |  |  | 12 |  |  | 291 |
Provision for depreciation |  | 3 |  |  | 8 |  |  | 18 |  |  | (1 | ) |  | 28 |
General taxes |  | 4 |  |  | 3 |  |  | (2 | ) |  | — |  |  | 5 |
Total operating expenses |  | 749 |  |  | 181 |  |  | 221 |  |  | (510 | ) |  | 641 |
OPERATING INCOME (LOSS) |  | (8 | ) |  | 50 |  |  | 71 |  |  | (11 | ) |  | 102 |
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment income (loss), including net income from equity investees |  | 106 |  |  | 11 |  |  | 43 |  |  | (121 | ) |  | 39 |
Miscellaneous income |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 1 |
Interest expense — affiliates |  | (20 | ) |  | (3 | ) |  | 1 |  |  | 16 |  |  | (6 | )
Interest expense — other |  | (12 | ) |  | (25 | ) |  | (11 | ) |  | 14 |  |  | (34 | )
Capitalized interest |  | — |  |  | — |  |  | 6 |  |  | — |  |  | 6 |
Total other income (expense) |  | 75 |  |  | (17 | ) |  | 39 |  |  | (91 | ) |  | 6 |
INCOME BEFORE INCOME TAXES (BENEFITS) |  | 67 |  |  | 33 |  |  | 110 |  |  | (102 | ) |  | 108 |
INCOME TAXES (BENEFITS) |  | (9 | ) |  | 6 |  |  | 34 |  |  | 1 |  |  | 32 |
NET INCOME |  | $ | 76 |  |  | $ | 27 |  |  | $ | 76 |  |  | $ | (103 | ) |  | $ | 76 |
STATEMENTS OF COMPREHENSIVE INCOME (LOSS) |  |  |  |  |  |  |  |  |  |  |
NET INCOME |  | $ | 76 |  |  | $ | 27 |  |  | $ | 76 |  |  | $ | (103 | ) |  | $ | 76 |
OTHER COMPREHENSIVE INCOME (LOSS): |  |  |  |  |  |  |  |  |  |  |
Pension and OPEB prior service costs |  | (3 | ) |  | (3 | ) |  | — |  |  | 3 |  |  | (3 | )
Amortized gains on derivative hedges |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 1 |
Change in unrealized gains on available-for-sale securities |  | (6 | ) |  | — |  |  | (6 | ) |  | 6 |  |  | (6 | )
Other comprehensive loss |  | (8 | ) |  | (3 | ) |  | (6 | ) |  | 9 |  |  | (8 | )
Income tax benefits on other comprehensive loss |  | (3 | ) |  | (1 | ) |  | (2 | ) |  | 3 |  |  | (3 | )
Other comprehensive loss, net of tax |  | (5 | ) |  | (2 | ) |  | (4 | ) |  | 6 |  |  | (5 | )
COMPREHENSIVE INCOME |  | $ | 71 |  |  | $ | 25 |  |  | $ | 72 |  |  | $ | (97 | ) |  | $ | 71 |
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
For the Nine Months Ended September 30, 2017 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
STATEMENTS OF INCOME |  |  |  |  |  |  |  |  |  |
REVENUES |  | $ | 2,338 |  |  | $ | 941 |  |  | $ | 988 |  |  | $ | (1,869 | ) |  | $ | 2,398 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel |  | — |  |  | 312 |  |  | 151 |  |  | — |  |  | 463 |
Purchased power from affiliates |  | 1,994 |  |  | — |  |  | 77 |  |  | (1,869 | ) |  | 202 |
Purchased power from non-affiliates |  | 468 |  |  | — |  |  | — |  |  | — |  |  | 468 |
Other operating expenses |  | 247 |  |  | 345 |  |  | 467 |  |  | 36 |  |  | 1,095 |
Provision for depreciation |  | 9 |  |  | 24 |  |  | 49 |  |  | (2 | ) |  | 80 |
General taxes |  | 15 |  |  | 16 |  |  | 13 |  |  | — |  |  | 44 |
Total operating expenses |  | 2,733 |  |  | 697 |  |  | 757 |  |  | (1,835 | ) |  | 2,352 |
OPERATING INCOME (LOSS) |  | (395 | ) |  | 244 |  |  | 231 |  |  | (34 | ) |  | 46 |
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment income (loss), including net income (loss) from equity investees |  | 335 |  |  | 31 |  |  | 91 |  |  | (383 | ) |  | 74 |
Miscellaneous income |  | 1 |  |  | — |  |  | 5 |  |  | — |  |  | 6 |
Interest expense — affiliates |  | (58 | ) |  | (9 | ) |  | (1 | ) |  | 55 |  |  | (13 | )
Interest expense — other |  | (35 | ) |  | (78 | ) |  | (33 | ) |  | 42 |  |  | (104 | )
Capitalized interest |  | — |  |  | 1 |  |  | 19 |  |  | — |  |  | 20 |
Total other income (expense) |  | 243 |  |  | (55 | ) |  | 81 |  |  | (286 | ) |  | (17 | )
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) |  | (152 | ) |  | 189 |  |  | 312 |  |  | (320 | ) |  | 29 |
INCOME TAXES (BENEFITS) |  | (167 | ) |  | 66 |  |  | 112 |  |  | 3 |  |  | 14 |
NET INCOME |  | $ | 15 |  |  | $ | 123 |  |  | $ | 200 |  |  | $ | (323 | ) |  | $ | 15 |
STATEMENTS OF COMPREHENSIVE INCOME |  |  |  |  |  |  |  |  |  |
NET INCOME |  | $ | 15 |  |  | $ | 123 |  |  | $ | 200 |  |  | $ | (323 | ) |  | $ | 15 |
OTHER COMPREHENSIVE INCOME (LOSS): |  |  |  |  |  |  |  |  |  |
Pension and OPEB prior service costs |  | (10 | ) |  | (10 | ) |  | — |  |  | 10 |  |  | (10 | )
Amortized gains on derivative hedges |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 1 |
Change in unrealized gains on available-for-sale securities |  | 16 |  |  | — |  |  | 16 |  |  | (16 | ) |  | 16 |
Other comprehensive income (loss) |  | 7 |  |  | (10 | ) |  | 16 |  |  | (6 | ) |  | 7 |
Income taxes (benefits) on other comprehensive income (loss) |  | 2 |  |  | (4 | ) |  | 6 |  |  | (2 | ) |  | 2 |
Other comprehensive income (loss), net of tax |  | 5 |  |  | (6 | ) |  | 10 |  |  | (4 | ) |  | 5 |
COMPREHENSIVE INCOME |  | $ | 20 |  |  | $ | 117 |  |  | $ | 210 |  |  | $ | (327 | ) |  | $ | 20 |
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
For the Three Months Ended September 30, 2016 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
STATEMENTS OF INCOME |  |  |  |  |  |  |  |  |  |
REVENUES |  | $ | 1,065 |  |  | $ | 494 |  |  | $ | 400 |  |  | $ | (859 | ) |  | $ | 1,100 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel |  | — |  |  | 149 |  |  | 53 |  |  | — |  |  | 202 |
Purchased power from affiliates |  | 1,011 |  |  | — |  |  | 39 |  |  | (859 | ) |  | 191 |
Purchased power from non-affiliates |  | 186 |  |  | — |  |  | — |  |  | — |  |  | 186 |
Other operating expenses |  | 95 |  |  | 61 |  |  | 149 |  |  | 11 |  |  | 316 |
Provision for depreciation |  | 4 |  |  | 28 |  |  | 51 |  |  | — |  |  | 83 |
General taxes |  | 8 |  |  | 7 |  |  | 6 |  |  | — |  |  | 21 |
Total operating expenses |  | 1,304 |  |  | 245 |  |  | 298 |  |  | (848 | ) |  | 999 |
OPERATING INCOME (LOSS) |  | (239 | ) |  | 249 |  |  | 102 |  |  | (11 | ) |  | 101 |
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment income, including net income from equity investees |  | 224 |  |  | 8 |  |  | 28 |  |  | (236 | ) |  | 24 |
Miscellaneous income |  | — |  |  | 1 |  |  | — |  |  | — |  |  | 1 |
Interest expense — affiliates |  | (13 | ) |  | (3 | ) |  | (2 | ) |  | 15 |  |  | (3 | )
Interest expense — other |  | (14 | ) |  | (27 | ) |  | (9 | ) |  | 14 |  |  | (36 | )
Capitalized interest |  | — |  |  | 3 |  |  | 6 |  |  | — |  |  | 9 |
Total other income (expense) |  | 197 |  |  | (18 | ) |  | 23 |  |  | (207 | ) |  | (5 | )
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) |  | (42 | ) |  | 231 |  |  | 125 |  |  | (218 | ) |  | 96 |
INCOME TAXES (BENEFITS) |  | (82 | ) |  | 87 |  |  | 49 |  |  | 2 |  |  | 56 |
NET INCOME |  | $ | 40 |  |  | $ | 144 |  |  | $ | 76 |  |  | $ | (220 | ) |  | $ | 40 |
STATEMENTS OF COMPREHENSIVE INCOME |  |  |  |  |  |  |  |  |  |
NET INCOME |  | $ | 40 |  |  | $ | 144 |  |  | $ | 76 |  |  | $ | (220 | ) |  | $ | 40 |
OTHER COMPREHENSIVE INCOME (LOSS): |  |  |  |  |  |  |  |  |  |
Pension and OPEB prior service costs |  | (3 | ) |  | (3 | ) |  | — |  |  | 3 |  |  | (3 | )
Amortized gains on derivative hedges |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 1 |
Change in unrealized gains on available for sale securities |  | 5 |  |  | — |  |  | 5 |  |  | (5 | ) |  | 5 |
Other comprehensive income (loss) |  | 3 |  |  | (3 | ) |  | 5 |  |  | (2 | ) |  | 3 |
Income taxes (benefits) on other comprehensive income (loss) |  | 1 |  |  | (1 | ) |  | 2 |  |  | (1 | ) |  | 1 |
Other comprehensive income (loss), net of tax |  | 2 |  |  | (2 | ) |  | 3 |  |  | (1 | ) |  | 2 |
COMPREHENSIVE INCOME |  | $ | 42 |  |  | $ | 142 |  |  | $ | 79 |  |  | $ | (221 | ) |  | $ | 42 |
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS)
For the Nine Months Ended September 30, 2016 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
STATEMENTS OF INCOME (LOSS) |  |  |  |  |  |  |  |  |  |
REVENUES |  | $ | 3,281 |  |  | $ | 1,309 |  |  | $ | 1,404 |  |  | $ | (2,593 | ) |  | $ | 3,401 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel |  | — |  |  | 449 |  |  | 146 |  |  | — |  |  | 595 |
Purchased power from affiliates |  | 2,888 |  |  | — |  |  | 145 |  |  | (2,593 | ) |  | 440 |
Purchased power from non-affiliates |  | 829 |  |  | — |  |  | — |  |  | — |  |  | 829 |
Other operating expenses |  | 218 |  |  | 220 |  |  | 450 |  |  | 37 |  |  | 925 |
Provision for depreciation |  | 10 |  |  | 91 |  |  | 151 |  |  | (2 | ) |  | 250 |
General taxes |  | 23 |  |  | 23 |  |  | 20 |  |  | — |  |  | 66 |
Impairment of assets |  | 23 |  |  | 517 |  |  | — |  |  | — |  |  | 540 |
Total operating expenses |  | 3,991 |  |  | 1,300 |  |  | 912 |  |  | (2,558 | ) |  | 3,645 |
OPERATING INCOME (LOSS) |  | (710 | ) |  | 9 |  |  | 492 |  |  | (35 | ) |  | (244 | )
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment income, including net income (loss) from equity investees |  | 310 |  |  | 21 |  |  | 67 |  |  | (342 | ) |  | 56 |
Miscellaneous income |  | 3 |  |  | 1 |  |  | — |  |  | — |  |  | 4 |
Interest expense — affiliates |  | (34 | ) |  | (7 | ) |  | (4 | ) |  | 39 |  |  | (6 | )
Interest expense — other |  | (40 | ) |  | (79 | ) |  | (33 | ) |  | 43 |  |  | (109 | )
Capitalized interest |  | — |  |  | 7 |  |  | 20 |  |  | — |  |  | 27 |
Total other income (expense) |  | 239 |  |  | (57 | ) |  | 50 |  |  | (260 | ) |  | (28 | )
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS) |  | (471 | ) |  | (48 | ) |  | 542 |  |  | (295 | ) |  | (272 | )
INCOME TAXES (BENEFITS) |  | (204 | ) |  | (1 | ) |  | 196 |  |  | 4 |  |  | (5 | )
NET INCOME (LOSS) |  | $ | (267 | ) |  | $ | (47 | ) |  | $ | 346 |  |  | $ | (299 | ) |  | $ | (267 | )
STATEMENTS OF COMPREHENSIVE INCOME (LOSS) |  |  |  |  |  |  |  |  |  |
NET INCOME (LOSS) |  | $ | (267 | ) |  | $ | (47 | ) |  | $ | 346 |  |  | $ | (299 | ) |  | $ | (267 | )
OTHER COMPREHENSIVE INCOME (LOSS) |  |  |  |  |  |  |  |  |  |
Pension and OPEB prior service costs |  | (10 | ) |  | (10 | ) |  | — |  |  | 10 |  |  | (10 | )
Amortized gains on derivative hedges |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Change in unrealized gains on available-for-sale securities |  | 61 |  |  | — |  |  | 60 |  |  | (60 | ) |  | 61 |
Other comprehensive income (loss) |  | 51 |  |  | (10 | ) |  | 60 |  |  | (50 | ) |  | 51 |
Income taxes (benefits) on other comprehensive income (loss) |  | 20 |  |  | (4 | ) |  | 23 |  |  | (19 | ) |  | 20 |
Other comprehensive income (loss), net of tax |  | 31 |  |  | (6 | ) |  | 37 |  |  | (31 | ) |  | 31 |
COMPREHENSIVE INCOME (LOSS) |  | $ | (236 | ) |  | $ | (53 | ) |  | $ | 383 |  |  | $ | (330 | ) |  | $ | (236 | )
Condensed Consolidating Balance Sheets | FIRSTENERGY SOLUTIONS CORP. CONDENSED CONSOLIDATING BALANCE SHEETS
As of September 30, 2017 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
ASSETS |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
Receivables- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customers |  | 171 |  |  | — |  |  | — |  |  | — |  |  | 171 |
Affiliated companies |  | 194 |  |  | 175 |  |  | 193 |  |  | (235 | ) |  | 327 |
Other |  | 9 |  |  | 4 |  |  | — |  |  | — |  |  | 13 |
Notes receivable from affiliated companies |  | 364 |  |  | 1,765 |  |  | 1,481 |  |  | (3,610 | ) |  | — |
Materials and supplies |  | 34 |  |  | 147 |  |  | 82 |  |  | — |  |  | 263 |
Derivatives |  | 31 |  |  | — |  |  | — |  |  | — |  |  | 31 |
Collateral |  | 101 |  |  | 25 |  |  | — |  |  | — |  |  | 126 |
Prepaid taxes and other |  | 12 |  |  | 16 |  |  | 1 |  |  | — |  |  | 29 |
|  | 916 |  |  | 2,134 |  |  | 1,757 |  |  | (3,845 | ) |  | 962 |
PROPERTY, PLANT AND EQUIPMENT: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
In service |  | 121 |  |  | 2,587 |  |  | 5,016 |  |  | (281 | ) |  | 7,443 |
Less — Accumulated provision for depreciation |  | 61 |  |  | 1,942 |  |  | 4,309 |  |  | (189 | ) |  | 6,123 |
|  | 60 |  |  | 645 |  |  | 707 |  |  | (92 | ) |  | 1,320 |
Construction work in progress |  | 2 |  |  | 45 |  |  | 241 |  |  | — |  |  | 288 |
|  | 62 |  |  | 690 |  |  | 948 |  |  | (92 | ) |  | 1,608 |
INVESTMENTS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nuclear plant decommissioning trusts |  | — |  |  | — |  |  | 1,823 |  |  | — |  |  | 1,823 |
Investment in affiliated companies |  | 3,347 |  |  | — |  |  | — |  |  | (3,347 | ) |  | — |
Other |  | — |  |  | 9 |  |  | — |  |  | — |  |  | 9 |
|  | 3,347 |  |  | 9 |  |  | 1,823 |  |  | (3,347 | ) |  | 1,832 |
DEFERRED CHARGES AND OTHER ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property taxes |  | — |  |  | 2 |  |  | 4 |  |  | — |  |  | 6 |
Accumulated deferred income tax benefits |  | 428 |  |  | 1,212 |  |  | 690 |  |  | (273 | ) |  | 2,057 |
Derivatives |  | 5 |  |  | — |  |  | — |  |  | — |  |  | 5 |
Other |  | 31 |  |  | 328 |  |  | — |  |  | 10 |  |  | 369 |
|  | 464 |  |  | 1,542 |  |  | 694 |  |  | (263 | ) |  | 2,437 |
|  | $ | 4,789 |  |  | $ | 4,375 |  |  | $ | 5,222 |  |  | $ | (7,547 | ) |  | $ | 6,839 |
LIABILITIES AND CAPITALIZATION |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Currently payable long-term debt |  | $ | — |  |  | $ | 180 |  |  | $ | 114 |  |  | $ | (27 | ) |  | $ | 267 |
Short-term borrowings - affiliated companies |  | 3,299 |  |  | 497 |  |  | — |  |  | (3,610 | ) |  | 186 |
Accounts payable- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Affiliated companies |  | 329 |  |  | 87 |  |  | 143 |  |  | (329 | ) |  | 230 |
Other |  | 11 |  |  | 87 |  |  | — |  |  | — |  |  | 98 |
Accrued taxes |  | 16 |  |  | 12 |  |  | 19 |  |  | (15 | ) |  | 32 |
Derivatives |  | 10 |  |  | 2 |  |  | — |  |  | — |  |  | 12 |
Other |  | 28 |  |  | 92 |  |  | 14 |  |  | 33 |  |  | 167 |
|  | 3,693 |  |  | 957 |  |  | 290 |  |  | (3,948 | ) |  | 992 |
CAPITALIZATION: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total equity |  | 328 |  |  | 946 |  |  | 2,301 |  |  | (3,247 | ) |  | 328 |
Long-term debt and other long-term obligations |  | 691 |  |  | 1,941 |  |  | 1,006 |  |  | (1,079 | ) |  | 2,559 |
|  | 1,019 |  |  | 2,887 |  |  | 3,307 |  |  | (4,326 | ) |  | 2,887 |
NONCURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred gain on sale and leaseback transaction |  | — |  |  | — |  |  | — |  |  | 732 |  |  | 732 |
Accumulated deferred income taxes |  | 5 |  |  | — |  |  | — |  |  | (5 | ) |  | — |
Retirement benefits |  | 26 |  |  | 181 |  |  | — |  |  | — |  |  | 207 |
Asset retirement obligations |  | — |  |  | 187 |  |  | 801 |  |  | — |  |  | 988 |
Other |  | 46 |  |  | 163 |  |  | 824 |  |  | — |  |  | 1,033 |
|  | 77 |  |  | 531 |  |  | 1,625 |  |  | 727 |  |  | 2,960 |
|  | $ | 4,789 |  |  | $ | 4,375 |  |  | $ | 5,222 |  |  | $ | (7,547 | ) |  | $ | 6,839 |
FIRSTENERGY SOLUTIONS CORP. CONDENSED CONSOLIDATING BALANCE SHEETS
As of December 31, 2016 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
ASSETS |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
Receivables- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customers |  | 213 |  |  | — |  |  | — |  |  | — |  |  | 213 |
Affiliated companies |  | 332 |  |  | 315 |  |  | 417 |  |  | (612 | ) |  | 452 |
Other |  | 17 |  |  | 2 |  |  | 8 |  |  | — |  |  | 27 |
Notes receivable from affiliated companies |  | 501 |  |  | 1,585 |  |  | 1,294 |  |  | (3,351 | ) |  | 29 |
Materials and supplies |  | 45 |  |  | 142 |  |  | 80 |  |  | — |  |  | 267 |
Derivatives |  | 137 |  |  | — |  |  | — |  |  | — |  |  | 137 |
Collateral |  | 157 |  |  | — |  |  | — |  |  | — |  |  | 157 |
Prepaid taxes and other |  | 38 |  |  | 24 |  |  | 1 |  |  | — |  |  | 63 |
|  | 1,440 |  |  | 2,070 |  |  | 1,800 |  |  | (3,963 | ) |  | 1,347 |
PROPERTY, PLANT AND EQUIPMENT: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
In service |  | 120 |  |  | 2,524 |  |  | 4,703 |  |  | (290 | ) |  | 7,057 |
Less — Accumulated provision for depreciation |  | 52 |  |  | 1,920 |  |  | 4,144 |  |  | (187 | ) |  | 5,929 |
|  | 68 |  |  | 604 |  |  | 559 |  |  | (103 | ) |  | 1,128 |
Construction work in progress |  | 2 |  |  | 67 |  |  | 358 |  |  | — |  |  | 427 |
|  | 70 |  |  | 671 |  |  | 917 |  |  | (103 | ) |  | 1,555 |
INVESTMENTS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nuclear plant decommissioning trusts |  | — |  |  | — |  |  | 1,552 |  |  | — |  |  | 1,552 |
Investment in affiliated companies |  | 2,923 |  |  | — |  |  | — |  |  | (2,923 | ) |  | — |
Other |  | — |  |  | 9 |  |  | 1 |  |  | — |  |  | 10 |
|  | 2,923 |  |  | 9 |  |  | 1,553 |  |  | (2,923 | ) |  | 1,562 |
DEFERRED CHARGES AND OTHER ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property taxes |  | — |  |  | 12 |  |  | 28 |  |  | — |  |  | 40 |
Accumulated deferred income tax benefits |  | 395 |  |  | 1,271 |  |  | 883 |  |  | (270 | ) |  | 2,279 |
Derivatives |  | 77 |  |  | — |  |  | — |  |  | — |  |  | 77 |
Other |  | 33 |  |  | 327 |  |  | — |  |  | 21 |  |  | 381 |
|  | 505 |  |  | 1,610 |  |  | 911 |  |  | (249 | ) |  | 2,777 |
|  | $ | 4,938 |  |  | $ | 4,360 |  |  | $ | 5,181 |  |  | $ | (7,238 | ) |  | $ | 7,241 |
LIABILITIES AND CAPITALIZATION |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Currently payable long-term debt |  | $ | — |  |  | $ | 200 |  |  | $ | 5 |  |  | $ | (26 | ) |  | $ | 179 |
Short-term borrowings - affiliated companies |  | 2,969 |  |  | 483 |  |  | — |  |  | (3,351 | ) |  | 101 |
Accounts payable- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Affiliated companies |  | 743 |  |  | 107 |  |  | 406 |  |  | (706 | ) |  | 550 |
Other |  | 17 |  |  | 93 |  |  | — |  |  | — |  |  | 110 |
Accrued taxes |  | 50 |  |  | 48 |  |  | 61 |  |  | (16 | ) |  | 143 |
Derivatives |  | 71 |  |  | 6 |  |  | — |  |  | — |  |  | 77 |
Other |  | 56 |  |  | 54 |  |  | 10 |  |  | 36 |  |  | 156 |
|  | 3,906 |  |  | 991 |  |  | 482 |  |  | (4,063 | ) |  | 1,316 |
CAPITALIZATION: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total equity |  | 218 |  |  | 828 |  |  | 2,006 |  |  | (2,834 | ) |  | 218 |
Long-term debt and other long-term obligations |  | 691 |  |  | 2,093 |  |  | 1,120 |  |  | (1,091 | ) |  | 2,813 |
|  | 909 |  |  | 2,921 |  |  | 3,126 |  |  | (3,925 | ) |  | 3,031 |
NONCURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred gain on sale and leaseback transaction |  | — |  |  | — |  |  | — |  |  | 757 |  |  | 757 |
Accumulated deferred income taxes |  | 4 |  |  | 3 |  |  | — |  |  | (7 | ) |  | — |
Retirement benefits |  | 25 |  |  | 172 |  |  | — |  |  | — |  |  | 197 |
Asset retirement obligations |  | — |  |  | 188 |  |  | 713 |  |  | — |  |  | 901 |
Other |  | 94 |  |  | 85 |  |  | 860 |  |  | — |  |  | 1,039 |
|  | 123 |  |  | 448 |  |  | 1,573 |  |  | 750 |  |  | 2,894 |
|  | $ | 4,938 |  |  | $ | 4,360 |  |  | $ | 5,181 |  |  | $ | (7,238 | ) |  | $ | 7,241 |
Condensed Consolidating Statements of Cash Flows | FIRSTENERGY SOLUTIONS CORP. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the Nine Months Ended September 30, 2017 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
NET CASH (USED FOR) PROVIDED FROM OPERATING ACTIVITIES |  | $ | (463 | ) |  | $ | 387 |  |  | $ | 547 |  |  | $ | (13 | ) |  | $ | 458 |
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
New Financing- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term borrowings, net |  | 330 |  |  | 14 |  |  | — |  |  | (259 | ) |  | 85 |
Redemptions and Repayments- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt |  | — |  |  | (171 | ) |  | (5 | ) |  | 13 |  |  | (163 | )
Other |  | — |  |  | (5 | ) |  | — |  |  | — |  |  | (5 | )
Net cash (used for) provided from financing activities |  | 330 |  |  | (162 | ) |  | (5 | ) |  | (246 | ) |  | (83 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property additions |  | (1 | ) |  | (46 | ) |  | (154 | ) |  | — |  |  | (201 | )
Nuclear fuel |  | — |  |  | — |  |  | (156 | ) |  | — |  |  | (156 | )
Sales of investment securities held in trusts |  | — |  |  | — |  |  | 834 |  |  | — |  |  | 834 |
Purchases of investment securities held in trusts |  | — |  |  | — |  |  | (878 | ) |  | — |  |  | (878 | )
Loans to affiliated companies, net |  | 137 |  |  | (179 | ) |  | (188 | ) |  | 259 |  |  | 29 |
Other |  | (3 | ) |  | — |  |  | — |  |  | — |  |  | (3 | )
Net cash (used for) provided from investing activities |  | 133 |  |  | (225 | ) |  | (542 | ) |  | 259 |  |  | (375 | )
Net change in cash and cash equivalents |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Cash and cash equivalents at beginning of period |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Cash and cash equivalents at end of period |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
FIRSTENERGY SOLUTIONS CORP. CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the Nine Months Ended September 30, 2016 |  | FES |  | FG |  | NG |  | Eliminations |  | Consolidated
|  | (In millions)
NET CASH (USED FOR) PROVIDED FROM OPERATING ACTIVITIES |  | $ | (605 | ) |  | $ | 402 |  |  | $ | 820 |  |  | $ | (12 | ) |  | $ | 605 |
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
New Financing- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt |  | — |  |  | 186 |  |  | 285 |  |  | — |  |  | 471 |
Short-term borrowings, net |  | 701 |  |  | 92 |  |  | — |  |  | (692 | ) |  | 101 |
Redemptions and Repayments- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt |  | — |  |  | (211 | ) |  | (304 | ) |  | 12 |  |  | (503 | )
Other |  | — |  |  | (6 | ) |  | (2 | ) |  | — |  |  | (8 | )
Net cash (used for) provided from financing activities |  | 701 |  |  | 61 |  |  | (21 | ) |  | (680 | ) |  | 61 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property additions |  | (28 | ) |  | (171 | ) |  | (233 | ) |  | — |  |  | (432 | )
Nuclear fuel |  | — |  |  | — |  |  | (195 | ) |  | — |  |  | (195 | )
Sales of investment securities held in trusts |  | — |  |  | — |  |  | 576 |  |  | — |  |  | 576 |
Purchases of investment securities held in trusts |  | — |  |  | — |  |  | (619 | ) |  | — |  |  | (619 | )
Loans to affiliated companies, net |  | (87 | ) |  | (292 | ) |  | (328 | ) |  | 692 |  |  | (15 | )
Other |  | 19 |  |  | — |  |  | — |  |  | — |  |  | 19 |
Net cash (used for) provided from investing activities |  | (96 | ) |  | (463 | ) |  | (799 | ) |  | 692 |  |  | (666 | )
Net change in cash and cash equivalents |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Cash and cash equivalents at beginning of period |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Cash and cash equivalents at end of period |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |

X
- Definition Condensed consolidating balance sheets. + References No definition available. + Details
Name: | fe_SupplementalGuarantorCondensedConsolidatingBalanceSheetsTableTextBlock
Namespace Prefix: | fe_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Condensed Consolidating Statements of Cash Flows. + References No definition available. + Details
Name: | fe_SupplementalGuarantorCondensedConsolidatingStatementsOfCashFlowsTableTextBlock
Namespace Prefix: | fe_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Condensed consolidating Statements of Income. + References No definition available. + Details
Name: | fe_SupplementalGuarantorCondensedConsolidatingStatementsOfIncomeTableTextBlock
Namespace Prefix: | fe_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Supplemental Guarantor Information Abstract. + References No definition available. + Details
Name: | fe_SupplementalGuarantorInformationAbstract
Namespace Prefix: | fe_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration