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Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Segment Financial Information

Financial information for each of FirstEnergy’s business segments and reconciliations to consolidated amounts is presented in the tables below. FirstEnergy evaluates segment performance based on Net income (loss).

Segment Financial Information

For the Three Months Ended						Regulated Distribution						Regulated Transmission						Corporate/ Other						Reconciling Adjustments						FirstEnergy Consolidated
						(In millions)
March 31, 2022
External revenues						$	2,532					$	451					$	6					$	—					$	2,989
Internal revenues						57						2						—						(59)						—
Total revenues						$	2,589					$	453					$	6					$	(59)					$	2,989
Depreciation						235						86						2						17						340
Amortization (deferral) of regulatory assets, net						(38)						1						—						—						(37)
Miscellaneous income (expense), net						85						6						17						(2)						106
Interest expense						129						59						127						(2)						313
Income taxes (benefits)						69						41						(27)						—						83
Net income (loss)						265						125						(102)						—						288
Property additions						$	317					$	197					$	6					$	—					$	520
March 31, 2021
External revenues						$	2,321					$	401					$	4					$	—					$	2,726
Internal revenues						49						4						—						(53)						—
Total revenues						$	2,370					$	405					$	4					$	(53)					$	2,726
Depreciation						226						81						1						15						323
Amortization of regulatory assets, net						87						5						—						—						92
Miscellaneous income (expense), net						107						11						22						(5)						135
Interest expense						128						61						101						(5)						285
Income taxes (benefits)						82						33						(28)						—						87
Net income (loss)						313						109						(87)						—						335
Property additions						$	321					$	273					$	10					$	—					$	604
As of March 31, 2022
Total assets						$	30,883					$	13,070					$	664					$	—					$	44,617
Total goodwill						$	5,004					$	614					$	—					$	—					$	5,618
As of December 31, 2021
Total assets						$	30,812					$	13,237					$	1,383					$	—					$	45,432
Total goodwill						$	5,004					$	614					$	—					$	—					$	5,618

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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-Name Accounting Standards Codification
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