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REVENUE (Tables)

6 Months Ended

Jun. 30, 2023

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 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.

Schedule of Receivables from customers

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

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

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.

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

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X

- 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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

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X

- 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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

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