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REVENUE | 6 Months Ended
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Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
REVENUE | REVENUE The following represents a disaggregation of revenue from contracts with customers for the three and six months ended June 30, 2023 and 2022:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In millions) | 2023 |  | 2022 |  | 2023 |  | 2022
Regulated Distribution |  |  |  |  |  |  |
Retail generation and distribution services |  |  |  |  |  |  |
Residential | $ | 1,414 |  |  | $ | 1,310 |  |  | $ | 3,116 |  |  | $ | 2,852 |
Commercial | 627 |  |  | 575 |  |  | 1,272 |  |  | 1,172 |
Industrial | 353 |  |  | 312 |  |  | 706 |  |  | 595 |
Other | 27 |  |  | 18 |  |  | 52 |  |  | 38 |
Wholesale | 61 |  | 159 |  | 108 |  | 249
Other revenue from contracts with customers | 32 |  | 29 |  | 56 |  | 55
Total revenues from contracts with customers | 2,514 |  |  | 2,403 |  |  | 5,310 |  |  | 4,961 |
Other revenue unrelated to contracts with customers | 28 |  | 23 |  | 58 |  | 54
Total Regulated Distribution | $ | 2,542 |  |  | $ | 2,426 |  |  | $ | 5,368 |  |  | $ | 5,015 |
Regulated Transmission |  |  |  |  |  |  |
ATSI | $ | 242 |  |  | $ | 217 |  |  | $ | 468 |  |  | $ | 434 |
TrAIL | 65 |  |  | 64 |  |  | 131 |  |  | 127 |
MAIT | 99 |  |  | 77 |  |  | 188 |  |  | 156 |
JCP&L | 57 |  |  | 46 |  |  | 100 |  |  | 106 |
MP, PE and WP | 55 |  | 36 |  | 91 |  | 68
Total revenues from contracts with customers | 518 |  |  | 440 |  |  | 978 |  |  | 891 |
Other revenue unrelated to contracts with customers | 2 |  |  | 1 |  |  | 3 |  |  | 3 |
Total Regulated Transmission | $ | 520 |  |  | $ | 441 |  |  | $ | 981 |  |  | $ | 894 |
Corporate/Other and Reconciling Adjustments (1) |  |  |  |  |  |  |
Wholesale | $ | 3 |  |  | $ | 8 |  |  | $ | 5 |  |  | $ | 14 |
Retail generation and distribution services (1) | (46) |  |  | (45) |  |  | (91) |  |  | (90) |
Other revenue unrelated to contracts with customers (1) | (13) |  |  | (12) |  |  | (26) |  |  | (26) |
Total Corporate/Other and Reconciling | $ | (56) |  |  | $ | (49) |  |  | $ | (112) |  |  | $ | (102) |
FirstEnergy Total Revenues | $ | 3,006 |  |  | $ | 2,818 |  |  | $ | 6,237 |  |  | $ | 5,807 |
(1) Includes eliminations and reconciling adjustments of inter-segment revenues. Other revenue unrelated to contracts with customers includes revenue from late payment charges of $10 million and $9 million for the three months ended June 30, 2023 and 2022, respectively. Other revenue unrelated to contracts with customers also includes revenue from derivatives of $6 million and $2 million for the three months ended June 30, 2023 and 2022, respectively. Other revenue unrelated to contracts with customers includes revenue from late payment charges of $21 million and $19 million for the six months ended June 30, 2023 and 2022, respectively. Other revenue unrelated to contracts with customers also includes revenue from derivatives of $12 million and $11 million for the six months ended June 30, 2023 and 2022, respectively. Customer Receivables Receivables from contracts with customers include distribution services and retail generation sales to residential, commercial and industrial customers of the Utilities. Billed and unbilled customer receivables as of June 30, 2023 and December 31, 2022, are included below:
Customer Receivables |  | June 30, 2023 |  | December 31, 2022 |
|  | (In millions)
Billed |  | $ | 625 |  |  | $ | 674 |  |
Unbilled |  | 646 |  |  | 781 |  |
|  | 1,271 |  |  | 1,455 |  |
Less: Uncollectible Reserve |  | 85 |  |  | 137 |  |
Total Customer Receivables |  | $ | 1,186 |  |  | $ | 1,318 |  |
The allowance for uncollectible customer receivables is based on historical loss information comprised of a rolling 36-month average net write-off percentage of revenues, in conjunction with a qualitative assessment of elements that impact the collectability of receivables to determine if allowances for uncollectible accounts should be further adjusted in accordance with the accounting guidance for credit losses. FirstEnergy reviews its allowance for uncollectible customer receivables utilizing a quantitative and qualitative assessment. Management contemplates available current information such as changes in economic factors, regulatory matters, industry trends, customer credit factors, amount of receivable balances that are past-due, payment options and programs available to customers, and the methods that the Utilities are able to utilize to ensure payment. This analysis includes consideration of the outbreak of the pandemic and the impact on customer receivable balances outstanding and write-offs since the pandemic began and subsequent economic slowdown. FirstEnergy’s uncollectible risk on PJM receivables, resulting from transmission and wholesale sales, is minimal due to the nature of PJM’s settlement process and as a result there is no current allowance for doubtful accounts. During 2023, various regulatory actions, including extended installment plans, continue to impact the level of past due balances in certain states, resulting in the allowance for uncollectible accounts on receivables to remain elevated above 2019 pre-pandemic levels. However, normal collection activity has resumed and arrears levels continue to decline towards pre-pandemic levels. As a result, FirstEnergy recognized a $52 million decrease to its allowance during the first six months of 2023, of which $27 million was applied to existing deferred regulatory assets. Activity in the allowance for uncollectible accounts on customer receivables for the six months ended June 30, 2023 and for the year ended December 31, 2022 are as follows:
|  | (In millions)
Balance, January 1, 2022 |  | $ | 159 |
Provision for expected credit losses (1) |  | 59 |
Charged to other accounts (2) |  | 62 |
Write-offs |  | (143) |
Balance, December 31, 2022 |  | $ | 137 |
Provision for expected credit losses (1) |  | (12) |
Charged to other accounts (2) |  | 18 |
Write-offs |  | (58) |
Balance, June 30, 2023 |  | $ | 85 |
(1) Approximately $(13) million and $11 million of which was deferred for future recovery (refund) in the six months ended June 30, 2023 and the year ended December 31, 2022, respectively. (2) Represents recoveries and reinstatements of accounts written off for uncollectible accounts.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org//606/tableOfContent + Details
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