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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUES:        
Total revenues [1] $ 3,280 $ 3,006 $ 6,567 $ 6,237
OPERATING EXPENSES:        
Fuel 128 140 233 273
Purchased power 877 894 1,913 2,018
Other operating expenses 1,170 885 2,176 1,731
Provision for depreciation 397 361 778 722
Deferral of regulatory assets, net (8) (33) (172) (113)
General taxes 293 278 604 574
Total operating expenses 2,857 2,525 5,532 5,205
OPERATING INCOME 423 481 1,035 1,032
OTHER INCOME (EXPENSE):        
Debt redemption costs (Note 6) (85) (36) (85) (36)
Equity method investment earnings (Note 1) 22 35 43 91
Miscellaneous income, net 59 43 103 78
Pension and OPEB mark-to-market adjustment (Note 4) 0 59 0 59
Interest expense (285) (276) (590) (539)
Capitalized financing costs 29 22 59 43
Total other expense (260) (153) (470) (304)
INCOME BEFORE INCOME TAXES 163 328 565 728
INCOME TAXES 65 74 200 164
NET INCOME 98 254 365 564
Income attributable to noncontrolling interest 53 19 67 37
EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP. $ 45 $ 235 $ 298 $ 527
EARNINGS PER SHARE ATTRIBUTABLE TO FIRSTENERGY CORP. (Note 3):        
Basic (in dollars per share) $ 0.08 $ 0.41 $ 0.52 $ 0.92
Diluted (in dollars per share) $ 0.08 $ 0.41 $ 0.52 $ 0.92
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:        
Basic (in shares) 575 573 575 573
Diluted (in shares) 576 574 576 574
Distribution services and retail generation        
REVENUES:        
Total revenues $ 2,617 $ 2,375 $ 5,312 $ 5,055
Transmission        
REVENUES:        
Total revenues 579 518 1,094 978
Other        
REVENUES:        
Total revenues $ 84 $ 113 $ 161 $ 204
[1] Includes excise and gross receipts tax collections of $98 million and $92 million during the three months ended June 30, 2024 and 2023, respectively, and $213 million and $201 million during the six months ended June 30, 2024 and 2023, respectively.