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Accumulated Other Comprehensive Income (Tables) | 9 Months Ended
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Sep. 30, 2019
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income | The following tables show the changes in AOCI for the three and nine months ended September 30, 2019 and 2018, for FirstEnergy:
|  | Gains & Losses on Cash Flow Hedges (1) |  | Unrealized Gains on AFS Securities |  | Defined Benefit Pension & OPEB Plans |  | Total
|  | (In millions)
AOCI Balance, July 1, 2019 |  | $ | (10 | ) |  | $ | — |  |  | $ | 41 |  |  | $ | 31 |
Amounts reclassified from AOCI |  | — |  |  | — |  |  | (7 | ) |  | (7 | )
Other comprehensive loss |  | — |  |  | — |  |  | (7 | ) |  | (7 | )
Income tax benefits on other comprehensive loss |  | — |  |  | — |  |  | (3 | ) |  | (3 | )
Other comprehensive loss, net of tax |  | — |  |  | — |  |  | (4 | ) |  | (4 | )
AOCI Balance, September 30, 2019 |  | $ | (10 | ) |  | $ | — |  |  | $ | 37 |  |  | $ | 27 |
AOCI Balance, July 1, 2018 |  | $ | (14 | ) |  | $ | — |  |  | $ | 87 |  |  | $ | 73 |
Amounts reclassified from AOCI |  | 2 |  |  | — |  |  | (18 | ) |  | (16 | )
Other comprehensive income (loss) |  | 2 |  |  | — |  |  | (18 | ) |  | (16 | )
Income tax benefits on other comprehensive loss |  | — |  |  | — |  |  | (4 | ) |  | (4 | )
Other comprehensive income (loss), net of tax |  | 2 |  |  | — |  |  | (14 | ) |  | (12 | )
AOCI Balance, September 30, 2018 |  | $ | (12 | ) |  | $ | — |  |  | $ | 73 |  |  | $ | 61 |
|  | Gains & Losses on Cash Flow Hedges (1) |  | Unrealized Gains on AFS Securities |  | Defined Benefit Pension & OPEB Plans |  | Total
|  | (In millions)
AOCI Balance, January 1, 2019 |  | $ | (11 | ) |  | $ | — |  |  | $ | 52 |  |  | $ | 41 |
Amounts reclassified from AOCI |  | 1 |  |  | — |  |  | (21 | ) |  | (20 | )
Other comprehensive income (loss) |  | 1 |  |  | — |  |  | (21 | ) |  | (20 | )
Income tax benefits on other comprehensive loss |  | — |  |  | — |  |  | (6 | ) |  | (6 | )
Other comprehensive income (loss), net of tax |  | 1 |  |  | — |  |  | (15 | ) |  | (14 | )
AOCI Balance, September 30, 2019 |  | $ | (10 | ) |  | $ | — |  |  | $ | 37 |  |  | $ | 27 |
AOCI Balance, January 1, 2018 |  | $ | (22 | ) |  | $ | 67 |  |  | $ | 97 |  |  | $ | 142 |
Other comprehensive income before reclassifications |  | — |  |  | (97 | ) |  | — |  |  | (97 | )
Amounts reclassified from AOCI |  | 6 |  |  | (1 | ) |  | (55 | ) |  | (50 | )
Deconsolidation of FES and FENOC |  | 13 |  |  | (8 | ) |  | — |  |  | 5 |
Other comprehensive income (loss) |  | 19 |  |  | (106 | ) |  | (55 | ) |  | (142 | )
Income taxes (benefits) on other comprehensive income (loss) |  | 9 |  |  | (39 | ) |  | (31 | ) |  | (61 | )
Other comprehensive income (loss), net of tax |  | 10 |  |  | (67 | ) |  | (24 | ) |  | (81 | )
AOCI Balance, September 30, 2018 |  | $ | (12 | ) |  | $ | — |  |  | $ | 73 |  |  | $ | 61 |
(1) Relates to previous cash flow hedges used to hedge fixed rate long-term debt securities prior to their issuance.
Reclassification out of Accumulated Other Comprehensive Income | The following amounts were reclassified from AOCI for FirstEnergy in the three and nine months ended September 30, 2019 and 2018:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30, |  | Affected Line Item in Consolidated Statements of Income (Loss)
Reclassifications from AOCI(1) |  | 2019 |  | 2018 |  | 2019 |  | 2018 (2) |
|  | (In millions) |  |
Gains & losses on cash flow hedges |  |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |  |  | Other operating expenses
Long-term debt |  | — |  |  | 2 |  |  | 1 |  |  | 5 |  |  | Interest expense
|  | — |  |  | — |  |  | — |  |  | (1 | ) |  | Income taxes
|  | $ | — |  |  | $ | 2 |  |  | $ | 1 |  |  | $ | 5 |  |  | Net of tax
Unrealized gains on AFS securities |  |  |  |  |  |  |  |  |  |
Realized gains on sales of securities |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (1 | ) |  | Discontinued operations
Defined benefit pension and OPEB plans |  |  |  |  |  |  |  |  |  |
Prior-service costs |  | $ | (7 | ) |  | $ | (15 | ) |  | $ | (21 | ) |  | $ | (55 | ) |  | (3)
|  | 3 |  |  | 5 |  |  | 6 |  |  | 14 |  |  | Income taxes
|  | $ | (4 | ) |  | $ | (10 | ) |  | $ | (15 | ) |  | $ | (41 | ) |  | Net of tax
(1) Amounts in parenthesis represent credits to the Consolidated Statements of Income (Loss) from AOCI.
(2) Includes stranded tax amounts reclassified from AOCI in connection with the adoption of ASU 2018-02, “Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.”
(3) Prior-service costs are reported within Miscellaneous income, net, within Other Income (Expense) on FirstEnergy’s Consolidated Statements of Income (Loss). Components are included in the computation of net periodic cost (credits), see Note 5, “Pension and Other Postemployment Benefits.”

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