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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES:    
Total revenues [1] $ 3,287 $ 3,231
OPERATING EXPENSES:    
Fuel 105 133
Purchased power 1,036 1,124
Other operating expenses 1,006 846
Provision for depreciation 381 361
Deferral of regulatory assets, net (164) (80)
General taxes 311 296
Total operating expenses 2,675 2,680
OPERATING INCOME 612 551
OTHER INCOME (EXPENSE):    
Equity method investment earnings (Note 1) 21 56
Miscellaneous income, net 44 35
Interest expense (305) (263)
Capitalized financing costs 30 21
Total other expense (210) (151)
INCOME BEFORE INCOME TAXES 402 400
INCOME TAXES 135 90
NET INCOME 267 310
Income attributable to noncontrolling interest 14 18
EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP. $ 253 $ 292
EARNINGS PER SHARE ATTRIBUTABLE TO FIRSTENERGY CORP. (Note 3):    
Basic (in dollars per share) $ 0.44 $ 0.51
Diluted (in dollars per share) $ 0.44 $ 0.51
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:    
Basic (in shares) 574 572
Diluted (in shares) 576 573
Distribution services and retail generation    
REVENUES:    
Total revenues $ 2,695 $ 2,680
Transmission    
REVENUES:    
Total revenues 515 460
Other    
REVENUES:    
Total revenues $ 77 $ 91
[1] Includes excise and gross receipts tax collections of $115 million and $109 million during the three months ended March 31, 2024 and 2023, respectively.