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EARNINGS PER SHARE OF COMMON STOCK | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
EARNINGS PER SHARE OF COMMON STOCK | EARNINGS PER SHARE OF COMMON STOCK EPS is calculated by dividing earnings attributable to FE by the weighted average number of common shares outstanding. Basic EPS is computed using the weighted average number of common shares outstanding during the relevant period as the denominator. The denominator for diluted EPS of common stock reflects the weighted average of common shares outstanding plus the potential additional common shares that could result if dilutive securities and other agreements to issue common stock were exercised. Diluted EPS reflects the dilutive effect of potential common shares from share-based awards. The dilutive effect of outstanding share-based awards was computed using the treasury stock method, which assumes any proceeds that could be obtained upon the exercise of the award would be used to purchase common stock at the average market price for the period. The following table reconciles basic and diluted EPS attributable to FE:
|  | For the Years Ended December 31,
Reconciliation of Basic and Diluted EPS of Common Stock |  | 2022 |  | 2021 |  | 2020
(In millions, except per share amounts) |  |  |  |  |  |
Earnings Attributable to FE - continuing operations |  | $ | 406 |  |  | $ | 1,239 |  |  | $ | 1,003 |
Earnings Attributable to FE - discontinued operations, net of tax |  | — |  |  | 44 |  |  | 76 |
Earnings Attributable to FE |  | $ | 406 |  |  | $ | 1,283 |  |  | $ | 1,079 |
Share Count information: |  |  |  |  |  |
Weighted average number of basic shares outstanding |  | 571 |  |  | 545 |  |  | 542 |
Assumed exercise of dilutive share based awards |  | 1 |  |  | 1 |  |  | 1 |
Weighted average number of diluted shares outstanding |  | 572 |  |  | 546 |  |  | 543 |
EPS Attributable to FE: |  |  |  |  |  |
Income from continuing operations, basic |  | $ | 0.71 |  |  | $ | 2.27 |  |  | $ | 1.85 |
Discontinued operations, basic |  | — |  |  | 0.08 |  |  | 0.14 |
Basic EPS |  | $ | 0.71 |  |  | $ | 2.35 |  |  | $ | 1.99 |
Income from continuing operations, diluted |  | $ | 0.71 |  |  | $ | 2.27 |  |  | $ | 1.85 |
Discontinued operations, diluted |  | — |  |  | 0.08 |  |  | 0.14 |
Diluted EPS |  | $ | 0.71 |  |  | $ | 2.35 |  |  | $ | 1.99 |
For the years ended December 31, 2022, 2021 and 2020, there were no material amount of shares excluded from the calculation of diluted shares outstanding, as their inclusion would be antidilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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