XML 44 R40.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Capitalization (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Capitalization, Long-term Debt and Equity [Abstract] |
Preferred stock and preference stock authorizations | FirstEnergy and the Utilities were authorized to issue preferred stock and preference stock as of December 31, 2019, as follows:
|  | Preferred Stock |  | Preference Stock
|  | Shares Authorized |  | Par Value |  | Shares Authorized |  | Par Value
FE |  | 5,000,000 |  |  | $ | 100 |  |  |  |  |  |  |
OE |  | 6,000,000 |  |  | $ | 100 |  |  | 8,000,000 |  |  | no par |
OE |  | 8,000,000 |  |  | $ | 25 |  |  |  |  |  |  |
Penn |  | 1,200,000 |  |  | $ | 100 |  |  |  |  |  |  |
CEI |  | 4,000,000 |  |  | no par |  |  | 3,000,000 |  |  | no par |
TE |  | 3,000,000 |  |  | $ | 100 |  |  | 5,000,000 |  |  | $ | 25 |
TE |  | 12,000,000 |  |  | $ | 25 |  |  |  |  |
JCP&L |  | 15,600,000 |  |  | no par |  |  |  |  |
ME |  | 10,000,000 |  |  | no par |  |  |  |  |
PN |  | 11,435,000 |  |  | no par |  |  |  |  |
MP |  | 940,000 |  |  | $ | 100 |  |  |  |  |
PE |  | 10,000,000 |  |  | $ | 0.01 |  |  |  |  |
WP |  | 32,000,000 |  |  | no par |  |  |  |  |
Outstanding consolidated long-term debt and other long-term obligations | The following tables present outstanding long-term debt and finance lease obligations for FirstEnergy as of December 31, 2019 and 2018:
|  | As of December 31, 2019 |  | As of December 31,
(Dollar amounts in millions) |  | Maturity Date |  | Interest Rate |  | 2019 |  | 2018
FMBs and secured notes - fixed rate |  | 2020-2059 |  | 1.726% - 8.250% |  | $ | 4,741 |  |  | $ | 4,355 |
Unsecured notes - fixed rate |  | 2020-2049 |  | 2.850% - 7.375% |  | 14,575 |  |  | 13,450 |
Unsecured notes - variable rate |  | 2021 |  | 2.480% |  | 750 |  |  | 500 |
Finance lease obligations |  |  |  |  |  | 60 |  |  | 73 |
Unamortized debt discounts |  |  |  |  |  | (33 | ) |  | (39 | )
Unamortized debt issuance costs |  |  |  |  |  | (103 | ) |  | (95 | )
Unamortized fair value adjustments |  |  |  |  |  | 8 |  |  | 10 |
Currently payable long-term debt |  |  |  |  |  | (380 | ) |  | (503 | )
Total long-term debt and other long-term obligations |  |  |  |  |  | $ | 19,618 |  |  | $ | 17,751 |
Sinking fund requirements for FMBs and maturing long-term debt (excluding capital leases and variable rate PCRBs) for the next five years | The following table presents scheduled debt repayments for outstanding long-term debt, excluding finance leases, fair value purchase accounting adjustments and unamortized debt discounts and premiums, for the next five years as of December 31, 2019. PCRBs that are scheduled to be tendered for mandatory purchase prior to maturity are reflected in the applicable year in which such PCRBs are scheduled to be tendered.
Year |  |
|  | (In millions)
2020 |  | $ | 364 |
2021 |  | $ | 882 |
2022 |  | $ | 1,142 |
2023 |  | $ | 1,194 |
2024 |  | $ | 1,246 |

X
- Definition Long Term Debt By Maturity. + References No definition available. + Details
Name: | fe_LongTermDebtByMaturityTextBlock
Namespace Prefix: | fe_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Preferred stock and preference stock number of shares authorized and par value disclosures. + References No definition available. + Details
Name: | fe_PreferredStockAndPreferenceStockNumberOfSharesAuthorizedAndParValueDisclosuresTextBlock
Namespace Prefix: | fe_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CapitalizationLongtermDebtAndEquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration