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COMMITMENTS, GUARANTEES AND CONTINGENCIES (Tables) | 6 Months Ended
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Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Potential Collateral Obligations | The maximum potential amount of future payments FE and its subsidiaries could be required to make under these guarantees as of June 30, 2025, was approximately $1.1 billion, as summarized below:
Guarantees and Other Assurances |  | Maximum Exposure
|  | (In millions)
FE’s Guarantees on Behalf of its Consolidated Subsidiaries |  |
Deferred compensation arrangements |  | $ | 398 |
Vehicle leases |  | 75 |
McElroy Run transfer |  | 129 |
Other |  | 14 |
|  | 616 |
FE’s Guarantees on Other Assurances |  |
Surety Bonds(1) |  | 167 |
Deferred compensation arrangements |  | 94 |
LOCs |  | 185 |
|  | 446 |
Total Guarantees and Other Assurances |  | $ | 1,062 |
(1) Includes a reimbursement obligation associated with a $16 million surety bond relating to Signal Peak that was cancelled and released, effective July 15, 2025. See Note 1, “Organization and Basis of Presentations,” of the Combined Notes to Financial Statements of the Registrants for additional details. The maximum potential amount of future payments JCP&L could be required to make under these guarantees as of June 30, 2025, was $48 million as summarized below:
Guarantees and Other Assurances |  | Maximum Exposure
|  | (In millions)
Surety Bonds |  | $ | 20 |  |  |
LOCs |  | 28 |  |  |
Total Guarantees and Other Assurances |  | $ | 48 |  |  |
. 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, 2025:
Potential Collateral Obligations |  |  |  |  |  | Electric Companies and Transmission Companies |  | FE |  | Total
|  |  | (In millions)
Contractual obligations for additional collateral |  |  |  |  |  |  |  |  |  |
Upon downgrade |  |  |  |  |  | $ | 103 |  |  | $ | 1 |  |  | $ | 104 |
Surety bonds (collateralized amount)(1) |  |  |  |  |  | 104 |  |  | 162 |  |  | 266 |
Total Exposure from Contractual Obligations |  |  |  |  |  | $ | 207 |  |  | $ | 163 |  |  | $ | 370 |
(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 respect to $38 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. These credit-risk-related contingent features stipulate that if JCP&L 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, 2025:
Potential Collateral Obligations |  |  |  |  |  | JCP&L |  |  |  |
|  |  |  |  |  | (In millions) |  |
Contractual obligations for additional collateral |  |  |  |  |  |  |  |  |  |
Upon downgrade |  |  |  |  |  | $ | 71 |  |  |  |  |
Surety bonds (collateralized amount)(1) |  |  |  |  |  | 20 |  |  |  |  |
Total Exposure from Contractual Obligations |  |  |  |  |  | $ | 91 |  |  |  |  |
(1) Surety bonds are not tied to a credit rating, and their impact assumes maximum contractual obligations, which is ordinarily 100% of the face amount of the surety bond except with respect to $1 million as of June 30, 2025 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.

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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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