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COMMITMENTS, GUARANTEES AND CONTINGENCIES (Tables) | 6 Months Ended
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Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Guarantor Obligations | These credit-risk-related contingent features stipulate that if the subsidiary were to be downgraded or lose its investment grade credit rating (based on its senior unsecured debt rating), it would be required to provide additional collateral. The following table discloses the potential additional credit rating contingent contractual collateral obligations as of June 30, 2023:
Potential Collateral Obligations |  |  |  |  |  | Utilities and Transmission Companies |  | FE |  | Total
|  |  | (In millions)
Contractual Obligations for Additional Collateral |  |  |  |  |  |  |  |  |  |
Upon Further Downgrade |  |  |  |  |  | $ | 62 |  |  | $ | — |  |  | $ | 62 |
Surety Bonds (Collateralized Amount) (1) |  |  |  |  |  | 67 |  |  | 79 |  |  | 146 |
Total Exposure from Contractual Obligations |  |  |  |  |  | $ | 129 |  |  | $ | 79 |  |  | $ | 208 |
(1) Surety Bonds are not tied to a credit rating. Surety Bonds’ impact assumes maximum contractual obligations, which is ordinarily 100% of the face amount of the surety bond except with the respect to $39 million of surety bond obligations for which the collateral obligation is capped at 60% of the face amount, and typical obligations require 30 days to cure. During the second quarter of 2023, FE was released from its $169 million surety bond to the Pennsylvania Department of Environmental Protection related to the Little Blue Run Disposal Impoundment.

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- Definition Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482425/460-10-50-4 + Details
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