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Consolidated Balance Sheets (FirstEnergy Corp.) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 399 $ 199
Receivables-    
Customers, net of allowance for uncollectible accounts of $52 in 2017 and $53 in 2016 1,370 1,440
Other, net of allowance for uncollectible accounts of $1 in 2017 and 2016 172 175
Materials and supplies 543 564
Prepaid taxes 123 98
Derivatives 35 140
Collateral 146 176
Other 143 158
Total current assets 2,931 2,950
PROPERTY, PLANT AND EQUIPMENT:    
In service 44,229 43,767
Less — Accumulated provision for depreciation 16,086 15,731
Property, plant and equipment in service net of accumulated provision for depreciation 28,143 28,036
Construction work in progress 1,355 1,351
Total net property, plant and equipment 29,498 29,387
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,632 2,514
Other 511 512
Total other property and investments 3,143 3,026
ASSETS HELD FOR SALE (Note 14) 788 0
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 5,618 5,618
Regulatory assets 929 1,014
Other 742 1,153
Total deferred charges and other assets 7,289 7,785
Total assets 43,649 43,148
CURRENT LIABILITIES:    
Currently payable long-term debt 1,076 1,685
Short-term borrowings 500 2,675
Accounts payable 924 1,043
Accrued taxes 520 580
Accrued compensation and benefits 337 363
Collateral 31 42
Other 867 738
Total current liabilities 4,255 7,126
Common stockholders’ equity-    
Common stock, $0.10 par value, authorized 700,000,000 shares - 444,858,003 and 442,344,218 shares outstanding as of September 30, 2017 and December 31, 2016, respectively 44 44
Other paid-in capital 9,974 10,555
Accumulated other comprehensive income 151 174
Accumulated deficit (3,763) (4,532)
Total common stockholders’ equity 6,406 6,241
Long-term debt and other long-term obligations 21,089 18,192
Total capitalization 27,495 24,433
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 4,225 3,765
Retirement benefits 3,814 3,719
Asset retirement obligations 1,550 1,482
Deferred gain on sale and leaseback transaction 732 757
Adverse power contract liability 143 162
Other 1,435 1,704
Total noncurrent liabilities 11,899 11,589
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 11)
Total liabilities and capitalization $ 43,649 $ 43,148