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Consolidated Balance Sheets (FirstEnergy Solutions Corp.) - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 589 $ 199
Receivables-    
Customers, net of allowance for uncollectible accounts of $2 in 2017 and $5 in 2016 1,463 1,440
Other 191 175
Materials and supplies 463 564
Derivatives 37 140
Collateral 146 176
Total current assets 3,108 2,950
PROPERTY, PLANT AND EQUIPMENT:    
In service 39,778 43,767
Less — Accumulated provision for depreciation 11,925 15,731
Property, plant and equipment in service net of accumulated provision for depreciation 27,853 28,036
Construction work in progress 1,026 1,351
Total net property, plant and equipment 28,879 29,387
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,678 2,514
Other 506 512
Total other property and investments 3,184 3,026
DEFERRED CHARGES AND OTHER ASSETS:    
Other 1,053 1,153
Total deferred charges and other assets 6,711 7,785
Total assets 42,257 43,148
CURRENT LIABILITIES:    
Currently payable long-term debt 1,082 1,685
Short-term borrowings - affiliated companies    
Short-term borrowings 300 2,675
Accounts payable-    
Accrued taxes 571 580
Other 722 738
Total current liabilities 4,077 7,126
Common stockholders’ equity-    
Common stock, without par value, authorized 750 shares - 7 shares outstanding as of December 31, 2017 and 2016 44 44
Accumulated other comprehensive income 142 174
Accumulated deficit (6,262) (4,532)
Long-term debt and other long-term obligations 21,115 18,192
Total capitalization 25,040 24,433
NONCURRENT LIABILITIES:    
Deferred gain on sale and leaseback transaction 723 757
Retirement benefits 3,975 3,719
Asset retirement obligations 2,515 1,482
Other 1,718 1,547
Total noncurrent liabilities 13,140 11,589
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 16)
Total liabilities and capitalization 42,257 43,148
FES    
CURRENT ASSETS:    
Cash and cash equivalents 1 2
Receivables-    
Customers, net of allowance for uncollectible accounts of $2 in 2017 and $5 in 2016 181 213
Affiliated companies 224 452
Other 21 27
Notes receivable from affiliated companies 0 29
Materials and supplies 183 267
Derivatives 34 137
Collateral 130 157
Prepaid taxes and other 22 63
Total current assets 796 1,347
PROPERTY, PLANT AND EQUIPMENT:    
In service 2,495 7,057
Less — Accumulated provision for depreciation 1,823 5,929
Property, plant and equipment in service net of accumulated provision for depreciation 672 1,128
Construction work in progress 22 427
Total net property, plant and equipment 694 1,555
INVESTMENTS:    
Nuclear plant decommissioning trusts 1,856 1,552
Other 9 10
Total other property and investments 1,865 1,562
DEFERRED CHARGES AND OTHER ASSETS:    
Accumulated deferred income taxes 1,754 2,279
Property taxes 25 40
Derivatives 0 77
Other 380 381
Total deferred charges and other assets 2,159 2,777
Total assets 5,514 7,241
CURRENT LIABILITIES:    
Currently payable long-term debt 524 179
Short-term borrowings - affiliated companies    
Short-term borrowings 102 101
Accounts payable-    
Affiliated companies 255 550
Other 105 110
Accrued taxes 72 143
Derivatives 24 77
Other 169 156
Total current liabilities 1,254 1,316
Common stockholders’ equity-    
Common stock, without par value, authorized 750 shares - 7 shares outstanding as of December 31, 2017 and 2016 3,749 3,658
Accumulated other comprehensive income 81 69
Accumulated deficit (5,900) (3,509)
Total common stockholders’ equity (2,070) 218
Long-term debt and other long-term obligations 2,299 2,813
Total capitalization 229 3,031
NONCURRENT LIABILITIES:    
Deferred gain on sale and leaseback transaction 723 757
Retirement benefits 153 197
Asset retirement obligations 1,945 901
Other 1,210 1,039
Total noncurrent liabilities 4,031 2,894
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 16)
Total liabilities and capitalization 5,514 7,241
FES | Affiliates    
Short-term borrowings - affiliated companies    
Other Short-term Borrowings $ 105 $ 101