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Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE INCOME

The changes in AOCI, net of tax, in the three and nine months ended September 30, 2017 and 2016, for FirstEnergy are included in the following tables:
FirstEnergy
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of July 1, 2017
 
$
(26
)
 
$
61

 
$
128

 
$
163

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
27

 
—

 
27

Amounts reclassified from AOCI
 
4

 
(33
)
 
(19
)
 
(48
)
Other comprehensive income (loss)
 
4

 
(6
)
 
(19
)
 
(21
)
Income taxes (benefits) on other comprehensive income (loss)
 
1

 
(3
)
 
(7
)
 
(9
)
Other comprehensive income (loss), net of tax
 
3

 
(3
)
 
(12
)
 
(12
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of September 30, 2017
 
$
(23
)
 
$
58

 
$
116

 
$
151

 
 
 
 
 
 
 
 
 
AOCI Balance as of July 1, 2016
 
$
(31
)
 
$
58

 
$
164

 
$
191

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
21

 
—

 
21

Amounts reclassified from AOCI
 
2

 
(17
)
 
(18
)
 
(33
)
Other comprehensive income (loss)
 
2

 
4

 
(18
)
 
(12
)
Income taxes (benefits) on other comprehensive income (loss)
 
—

 
2

 
(7
)
 
(5
)
Other comprehensive income (loss), net of tax
 
2

 
2

 
(11
)
 
(7
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of September 30, 2016
 
$
(29
)
 
$
60

 
$
153

 
$
184

 
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of January 1, 2017
 
$
(28
)
 
$
52

 
$
150

 
$
174

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
63

 
—

 
63

Amounts reclassified from AOCI
 
8

 
(55
)
 
(55
)
 
(102
)
Other comprehensive income (loss)
 
8

 
8

 
(55
)
 
(39
)
Income taxes (benefits) on other comprehensive income (loss)
 
3

 
2

 
(21
)
 
(16
)
Other comprehensive income (loss), net of tax
 
5

 
6

 
(34
)
 
(23
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of September 30, 2017
 
$
(23
)
 
$
58

 
$
116

 
$
151

 
 
 
 
 
 
 
 
 
AOCI Balance as of January 1, 2016
 
$
(33
)
 
$
18

 
$
186

 
$
171

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
109

 
—

 
109

Amounts reclassified from AOCI
 
6

 
(42
)
 
(54
)
 
(90
)
Other comprehensive income (loss)
 
6

 
67

 
(54
)
 
19

Income taxes (benefits) on other comprehensive income (loss)
 
2

 
25

 
(21
)
 
6

Other comprehensive income (loss), net of tax
 
4

 
42

 
(33
)
 
13

 
 
 
 
 
 
 
 
 
AOCI Balance as of September 30, 2016
 
$
(29
)
 
$
60

 
$
153

 
$
184

 
 
 
 
 
 
 
 
 


The following amounts were reclassified from AOCI for FirstEnergy in the three and nine months ended September 30, 2017 and 2016:
 
 
For the Three Months Ended September 30
 
For the Nine Months Ended September 30
 
Affected Line Item in the Consolidated Statements of Income (Loss)
Reclassifications from AOCI(2)
 
2017
 
2016
 
2017
 
2016
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges
 
 
 
 
 
 
 
 
 
 
Long-term debt
 
$
4

 
$
2

 
$
8

 
$
6

 
Interest expense
 
 
(1
)
 
—

 
(3
)
 
(2
)
 
Income taxes
 
 
$
3

 
$
2

 
$
5

 
$
4

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains on AFS securities
 
 
 
 
 
 
 
 
 
 
Realized gains on sales of securities
 
$
(33
)
 
$
(17
)
 
$
(55
)
 
$
(42
)
 
Investment income
 
 
12

 
7

 
20

 
16

 
Income taxes
 
 
$
(21
)
 
$
(10
)
 
$
(35
)
 
$
(26
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans
 
 
 
 
 
 
 
 
 
 
Prior-service costs
 
$
(19
)
 
$
(18
)
 
$
(55
)
 
$
(54
)
 
(1) 
 
 
7

 
7

 
21

 
21

 
Income taxes
 
 
$
(12
)
 
$
(11
)
 
$
(34
)
 
$
(33
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, "Pension and Other Postemployment Benefits," for additional details.
(2) Amounts in parenthesis represent credits to the Consolidated Statements of Income (Loss) from AOCI.




































The changes in AOCI, net of tax, in the three and nine months ended September 30, 2017 and 2016, for FES are included in the following tables:
FES
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of July 1, 2017
 
$
(9
)
 
$
62

 
$
26

 
$
79

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
27

 
—

 
27

Amounts reclassified from AOCI
 
1

 
(33
)
 
(3
)
 
(35
)
Other comprehensive income (loss)
 
1

 
(6
)
 
(3
)
 
(8
)
Income tax benefits on other comprehensive income (loss)
 
—

 
(2
)
 
(1
)
 
(3
)
Other comprehensive income (loss), net of tax
 
1

 
(4
)
 
(2
)
 
(5
)
 
 
 
 
 
 
 
 
 
AOCI Balance as of September 30, 2017
 
$
(8
)
 
$
58

 
$
24

 
$
74

 
 
 
 
 
 
 
 
 
AOCI Balance as of July 1, 2016
 
$
(10
)
 
$
50

 
$
35

 
$
75

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
22

 
—

 
22

Amounts reclassified from AOCI
 
1

 
(17
)
 
(3
)
 
(19
)
Other comprehensive income (loss)
 
1

 
5

 
(3
)
 
3

Income taxes (benefits) on other comprehensive income (loss)
 
—

 
2

 
(1
)
 
1

Other comprehensive income (loss), net of tax
 
1

 
3

 
(2
)
 
2

 
 
 
 
 
 
 
 
 
AOCI Balance as of September 30, 2016
 
$
(9
)
 
$
53

 
$
33

 
$
77

 
 
 
 
 
 
 
 
 
 
 
Gains & Losses on Cash Flow Hedges
 
Unrealized Gains on AFS Securities
 
Defined Benefit Pension & OPEB Plans
 
Total
 
 
(In millions)
AOCI Balance as of January 1, 2017
 
$
(9
)
 
$
48

 
$
30

 
$
69

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
70

 
—

 
70

Amounts reclassified from AOCI
 
1

 
(54
)
 
(10
)
 
(63
)
Other comprehensive income (loss)
 
1

 
16

 
(10
)
 
7

Income taxes (benefits) on other comprehensive income (loss)
 
—

 
6

 
(4
)
 
2

Other comprehensive income (loss), net of tax
 
1

 
10

 
(6
)
 
5

 
 
 
 
 
 
 
 
 
AOCI Balance as of September 30, 2017
 
$
(8
)
 
$
58

 
$
24

 
$
74

 
 
 
 
 
 
 
 
 
AOCI Balance as of January 1, 2016
 
$
(9
)
 
$
16

 
$
39

 
$
46

 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
 
—

 
102

 
—

 
102

Amounts reclassified from AOCI
 
—

 
(41
)
 
(10
)
 
(51
)
Other comprehensive income (loss)
 
—

 
61

 
(10
)
 
51

Income taxes (benefits) on other comprehensive income (loss)
 
—

 
24

 
(4
)
 
20

Other comprehensive income (loss), net of tax
 
—

 
37

 
(6
)
 
31

 
 
 
 
 
 
 
 
 
AOCI Balance as of September 30, 2016
 
$
(9
)
 
$
53

 
$
33

 
$
77



The following amounts were reclassified from AOCI for FES in the three and nine months ended September 30, 2017 and 2016:
 
 
For the Three Months Ended September 30
 
For the Nine Months Ended September 30
 
Affected Line Item in the Consolidated Statements of Income (Loss)
Reclassifications from AOCI(2)
 
2017
 
2016
 
2017
 
2016
 
 
 
(In millions)
 
 
Gains & losses on cash flow hedges
 
 
 
 
 
 
 
 
 
 
Commodity contracts
 
$
1

 
$
1

 
$
1

 
$
—

 
Other operating expenses
 
 
—

 
—

 
—

 
—

 
Income taxes (benefits)
 
 
$
1

 
$
1

 
$
1

 
$
—

 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains on AFS securities
 
 
 
 
 
 
 
 
 
 
Realized gains on sales of securities
 
$
(33
)
 
$
(17
)
 
$
(54
)
 
$
(41
)
 
Investment income
 
 
11

 
6

 
19

 
15

 
Income taxes (benefits)
 
 
$
(22
)
 
$
(11
)
 
$
(35
)
 
$
(26
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
Defined benefit pension and OPEB plans
 
 
 
 
 
 
 
 
 
 
Prior-service costs
 
$
(3
)
 
$
(3
)
 
$
(10
)
 
$
(10
)
 
(1) 
 
 
1

 
1

 
4

 
4

 
Income taxes (benefits)
 
 
$
(2
)
 
$
(2
)
 
$
(6
)
 
$
(6
)
 
Net of tax
 
 
 
 
 
 
 
 
 
 
 
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, "Pension and Other Postemployment Benefits," for additional details.
(2) Amounts in parenthesis represent credits to the Consolidated Statements of Income (Loss) from AOCI.