XML 40 R22.htm IDEA: XBRL DOCUMENT
v3.23.3

REVENUE (Tables) | 9 Months Ended
--- | ---
Sep. 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 nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions) | 2023 |  | 2022 |  | 2023 |  | 2022
Regulated Distribution |  |  |  |  |  |  |
Retail generation and distribution services |  |  |  |  |  |  |
Residential | $ | 1,894 |  |  | $ | 1,756 |  |  | $ | 5,010 |  |  | $ | 4,608 |
Commercial | 698 |  |  | 686 |  |  | 1,970 |  |  | 1,858 |
Industrial | 296 |  |  | 348 |  |  | 1,002 |  |  | 943 |
Other | 26 |  |  | 23 |  |  | 78 |  |  | 61 |
Wholesale | 65 |  |  | 159 |  | 173 |  |  | 408
Other revenue from contracts with customers | 30 |  |  | 27 |  | 86 |  |  | 82
Total revenues from contracts with customers | 3,009 |  |  | 2,999 |  |  | 8,319 |  |  | 7,960 |
Other revenue unrelated to contracts with customers | 25 |  |  | 24 |  | 83 |  |  | 78
Total Regulated Distribution | $ | 3,034 |  |  | $ | 3,023 |  |  | $ | 8,402 |  |  | $ | 8,038 |
Regulated Transmission |  |  |  |  |  |  |
ATSI | $ | 244 |  |  | $ | 252 |  |  | $ | 712 |  |  | $ | 686 |
TrAIL | 72 |  |  | 78 |  |  | 203 |  |  | 205 |
MAIT | 101 |  |  | 97 |  |  | 289 |  |  | 253 |
JCP&L | 52 |  |  | 45 |  |  | 152 |  |  | 151 |
MP, PE and WP | 39 |  |  | $ | 30 |  |  | 130 |  |  | 98
Total revenues from contracts with customers | 508 |  |  | 502 |  |  | 1,486 |  |  | 1,393 |
Other revenue unrelated to contracts with customers | 1 |  |  | 1 |  |  | 4 |  |  | 4 |
Total Regulated Transmission | $ | 509 |  |  | $ | 503 |  |  | $ | 1,490 |  |  | $ | 1,397 |
Corporate/Other and Reconciling Adjustments (1) |  |  |  |  |  |  |
Wholesale | $ | 1 |  |  | $ | 7 |  |  | $ | 6 |  |  | $ | 21 |
Retail generation and distribution services (1) | (45) |  |  | (46) |  |  | (136) |  |  | (136) |
Other revenue unrelated to contracts with customers (1) | (12) |  |  | (12) |  |  | (38) |  |  | (38) |
Total Corporate/Other and Reconciling | $ | (56) |  |  | $ | (51) |  |  | $ | (168) |  |  | $ | (153) |
FirstEnergy Total Revenues | $ | 3,487 |  |  | $ | 3,475 |  |  | $ | 9,724 |  |  | $ | 9,282 |
(1) Includes eliminations and reconciling adjustments of inter-segment revenues.
Schedule of Receivables from Customers | Billed and unbilled customer receivables as of September 30, 2023 and December 31, 2022, are included below:
Customer Receivables |  | September 30, 2023 |  | December 31, 2022 |
|  | (In millions)
Billed |  | $ | 848 |  |  | $ | 674 |  |
Unbilled |  | 539 |  |  | 781 |  |
|  | 1,387 |  |  | 1,455 |  |
Less: Uncollectible Reserve |  | 85 |  |  | 137 |  |
Total Customer Receivables |  | $ | 1,302 |  |  | $ | 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 nine months ended September 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) |  | 3 |
Charged to other accounts (2) |  | 25 |
Write-offs |  | (80) |
Balance, September 30, 2023 |  | $ | 85 |
(1) Approximately $(7) million and $11 million of which was deferred for future recovery (refund) in the nine months ended September 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 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration