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Revenue (Tables)

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following represents a disaggregation of revenue from contracts with customers for the three and nine months ended September 30, 2022 and 2021:

			Three Months Ended September 30,												Nine Months Ended September 30,
(In millions)			2022						2021						2022						2021
Regulated Distribution
Retail generation and distribution services
Residential			$	1,756					$	1,666					$	4,608					$	4,410
Commercial			686						619						1,858						1,722
Industrial			348						284						943						810
Other			23						19						61						55
Wholesale			159						117						408						260
Other revenue from contracts with customers			27						30						82						89
Total revenues from contracts with customers			2,999						2,735						7,960						7,346
ARP(1)			—						—						—						(27)
Other revenue unrelated to contracts with customers			24						24						78						68
Total Regulated Distribution			$	3,023					$	2,759					$	8,038					$	7,387
Regulated Transmission
ATSI			$	252					$	206					$	686					$	604
TrAIL			78						59						205						176
MAIT			97						75						253						222
JCP&L			45						41						151						126
MP, PE and WP			30						30						98						95
Total revenues from contracts with customers			502						411						1,393						1,223
Other revenue unrelated to contracts with customers			1						4						4						10
Total Regulated Transmission			$	503					$	415					$	1,397					$	1,233
Corporate/Other and Reconciling Adjustments(2)
Wholesale			$	7					$	5					$	21					$	12
Retail generation and distribution services (2)			(46)						(38)						(136)						(115)
Other revenue unrelated to contracts with customers (2)			(12)						(17)						(38)						(45)
Total Corporate/Other and Reconciling			$	(51)					$	(50)					$	(153)					$	(148)
FirstEnergy Total Revenues			$	3,475					$	3,124					$	9,282					$	8,472

(1) Reflects amount the Ohio Companies refunded to customers that was previously collected under decoupling mechanisms, with interest. See Note 7, “Regulatory Matters,” for further discussion on Ohio decoupling rates.

(2) Includes eliminations and reconciling adjustments of inter-segment revenues.

Schedule of Receivables from customers

Billed and unbilled customer receivables as of September 30, 2022 and December 31, 2021, are included below.

Customer Receivables						September 30, 2022						December 31, 2021
						(In millions)
Billed						$	800					$	616
Unbilled						518						576
						1,318						1,192
Less: Uncollectible Reserve						136						159
Total Customer Receivables						$	1,182					$	1,033

Schedule of Activity in the allowance for uncollectible accounts on customer receivables

Activity in the allowance for uncollectible accounts on customer receivables for the nine months ended September 30, 2022 and for the year ended December 31, 2021 are as follows:

						(In millions)
Balance, January 1, 2021						$	164
Provision for expected credit losses (1)						54
Charged to other accounts (2)						42
Write-offs						(101)
Balance, December 31, 2021						$	159
Provision for expected credit losses (3)						29
Charged to other accounts (2)						54
Write-offs						(106)
Balance, September 30, 2022						$	136

(1) Approximately $12 million of which was deferred for future recovery in the twelve months ended December 31, 2021.

(2) Represents recoveries and reinstatements of accounts written off for uncollectible accounts.

(3) Approximately $2 million of which was deferred for future refund to customers in the nine months ended September 30, 2022.

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
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