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JCP&L BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Receivables -    
Customers $ 1,647 $ 1,585
Less — Allowance for uncollectible customer receivables 50 55
Receivables 1,597 1,530
Prepaid taxes and other 372 240
Total current assets 3,469 2,776
PROPERTY, PLANT AND EQUIPMENT:    
In service 54,344 52,896
Less — Accumulated provision for depreciation 15,003 14,548
Property, plant and equipment in service net of accumulated provision for depreciation 39,341 38,348
Construction work in progress 3,324 2,754
Total property, plant and equipment 42,665 41,102
INVESTMENTS AND OTHER NONCURRENT ASSETS:    
Goodwill 5,618 5,618
Investments 668 652
Regulatory assets 765 617
Other 1,045 1,279
Total investments and other noncurrent assets 8,096 8,166
TOTAL ASSETS 54,230 52,044
CURRENT LIABILITIES:    
Currently payable long-term debt 1,672 977
Short-term borrowings 400 550
Accounts payable 1,826 1,575
Accrued compensation and benefits 271 205
Customer deposits 241 233
Accrued taxes 683 727
Accrued interest 303 269
Other 251 216
Total current liabilities 5,647 4,997
NONCURRENT LIABILITIES:    
Long-term debt and other long-term obligations 23,746 22,496
Accumulated deferred income taxes, net 5,830 5,613
Retirement benefits 1,697 1,698
Other 2,126 2,525
Total noncurrent liabilities 34,412 33,327
TOTAL LIABILITIES 40,059 38,324
COMMON STOCKHOLDER'S EQUITY:    
Common stock, $10 par value, authorized 16,000,000 shares - 13,628,447 shares outstanding 58 58
Other paid-in capital 12,393 12,368
Accumulated other comprehensive loss (14) (14)
Retained earnings 414 43
Total common stockholders’ equity 12,851 12,455
COMMITMENTS, GUARANTEES AND CONTINGENCIES (NOTE 10)
TOTAL LIABILITIES AND EQUITY 54,230 52,044
JERSEY CENTRAL POWER & LIGHT COMPANY    
Receivables -    
Customers 332 284
Less — Allowance for uncollectible customer receivables 5 6
Receivables 327 278
Prepaid taxes and other 93 29
Total current assets 455 379
PROPERTY, PLANT AND EQUIPMENT:    
In service 8,940 8,697
Less — Accumulated provision for depreciation 2,434 2,409
Property, plant and equipment in service net of accumulated provision for depreciation 6,506 6,288
Construction work in progress 726 620
Total property, plant and equipment 7,232 6,908
INVESTMENTS AND OTHER NONCURRENT ASSETS:    
Goodwill 1,811 1,811
Investments 285 282
Regulatory assets 354 265
Prepaid OPEB costs 223 215
Other 90 67
Total investments and other noncurrent assets 2,763 2,640
TOTAL ASSETS 10,450 9,927
CURRENT LIABILITIES:    
Currently payable long-term debt 652 1
Short-term borrowings 257 22
Accrued compensation and benefits 32 33
Customer deposits 34 34
Accrued taxes 23 21
Accrued interest 41 23
Other 27 34
Total current liabilities 1,368 345
NONCURRENT LIABILITIES:    
Long-term debt and other long-term obligations 1,687 2,339
Accumulated deferred income taxes, net 1,257 1,196
Nuclear fuel disposal costs 240 235
Retirement benefits 67 71
Other 766 764
Total noncurrent liabilities 4,017 4,605
TOTAL LIABILITIES 5,385 4,950
COMMON STOCKHOLDER'S EQUITY:    
Common stock, $10 par value, authorized 16,000,000 shares - 13,628,447 shares outstanding 136 136
Other paid-in capital 3,526 3,523
Accumulated other comprehensive loss (4) (4)
Retained earnings 1,407 1,322
Total common stockholders’ equity 5,065 4,977
COMMITMENTS, GUARANTEES AND CONTINGENCIES (NOTE 10)
TOTAL LIABILITIES AND EQUITY 10,450 9,927
JERSEY CENTRAL POWER & LIGHT COMPANY | Related Party    
Receivables -    
Receivables 8 44
CURRENT LIABILITIES:    
Accounts payable 46 1
JERSEY CENTRAL POWER & LIGHT COMPANY | Nonrelated Party    
Receivables -    
Receivables 27 28
CURRENT LIABILITIES:    
Accounts payable 256 176
Customer    
Receivables -    
Customers 1,647 1,585
Less — Allowance for uncollectible customer receivables 50 55
Receivables 1,597 1,530
Customer | JERSEY CENTRAL POWER & LIGHT COMPANY    
Receivables -    
Customers 332 284
Less — Allowance for uncollectible customer receivables 5 6
Receivables $ 327 $ 278