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JCP&L BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 1,404 $ 111
Receivables -    
Customers 1,574 1,585
Less — Allowance for uncollectible customer receivables 55 55
Receivables 1,519 1,530
Prepaid taxes and other 337 240
Total current assets 4,211 2,776
PROPERTY, PLANT AND EQUIPMENT:    
In service 54,973 52,896
Less — Accumulated provision for depreciation 15,011 14,548
Property, plant and equipment in service net of accumulated provision for depreciation 39,962 38,348
Construction work in progress 3,742 2,754
Total property, plant and equipment 43,704 41,102
INVESTMENTS AND OTHER NONCURRENT ASSETS:    
Goodwill 5,618 5,618
Investments 634 652
Regulatory assets 793 617
Other 924 1,279
Total investments and other noncurrent assets 7,969 8,166
TOTAL ASSETS 55,884 52,044
CURRENT LIABILITIES:    
Currently payable long-term debt 1,669 977
Short-term borrowings 291 550
Accounts payable 1,640 1,575
Accrued compensation and benefits 249 205
Customer deposits 246 233
Accrued taxes 731 727
Accrued interest 298 269
Other 253 216
Total current liabilities 5,634 4,997
NONCURRENT LIABILITIES:    
Long-term debt and other long-term obligations 25,510 22,496
Accumulated deferred income taxes, net 6,019 5,613
Retirement benefits 1,701 1,698
Other 1,865 2,525
Total noncurrent liabilities 36,066 33,327
Total noncurrent liabilities 36,066 33,327
TOTAL LIABILITIES 41,700 38,324
COMMON STOCKHOLDER'S EQUITY:    
Common stock, $10 par value, authorized 16,000,000 shares - 13,628,447 shares outstanding as of September 30, 2025 and December 31, 2024, respectively. 58 58
Other paid-in capital 12,414 12,368
Accumulated other comprehensive loss (14) (14)
Retained earnings 340 43
Total common stockholders’ equity 12,798 12,455
COMMITMENTS, GUARANTEES AND CONTINGENCIES (NOTE 10)
TOTAL LIABILITIES AND EQUITY 55,884 52,044
Customer    
Receivables -    
Customers 1,574 1,585
Less — Allowance for uncollectible customer receivables 55 55
Receivables 1,519 1,530
JERSEY CENTRAL POWER & LIGHT COMPANY    
CURRENT ASSETS:    
Cash and cash equivalents 708 0
Receivables -    
Customers 323 284
Less — Allowance for uncollectible customer receivables 6 6
Receivables 317 278
Notes receivable from associated companies 26 0
Prepaid taxes and other 60 29
Total current assets 1,187 379
PROPERTY, PLANT AND EQUIPMENT:    
In service 9,002 8,697
Less — Accumulated provision for depreciation 2,380 2,409
Property, plant and equipment in service net of accumulated provision for depreciation 6,622 6,288
Construction work in progress 838 620
Total property, plant and equipment 7,460 6,908
INVESTMENTS AND OTHER NONCURRENT ASSETS:    
Goodwill 1,811 1,811
Investments 292 282
Regulatory assets 410 265
Prepaid OPEB costs 227 215
Other 103 67
Total investments and other noncurrent assets 2,843 2,640
TOTAL ASSETS 11,490 9,927
CURRENT LIABILITIES:    
Currently payable long-term debt 652 1
Short-term borrowings 0 22
Accrued compensation and benefits 33 33
Customer deposits 34 34
Accrued taxes 23 21
Accrued interest 30 23
Other 32 34
Total current liabilities 1,014 345
NONCURRENT LIABILITIES:    
Long-term debt and other long-term obligations 3,025 2,339
Accumulated deferred income taxes, net 1,292 1,196
Nuclear fuel disposal costs 243 235
Retirement benefits 66 71
Other 754 764
Total noncurrent liabilities 5,380 4,605
Total noncurrent liabilities 5,380 4,605
TOTAL LIABILITIES 6,394 4,950
COMMON STOCKHOLDER'S EQUITY:    
Common stock, $10 par value, authorized 16,000,000 shares - 13,628,447 shares outstanding as of September 30, 2025 and December 31, 2024, respectively. 136 136
Other paid-in capital 3,528 3,523
Accumulated other comprehensive loss (4) (4)
Retained earnings 1,436 1,322
Total common stockholders’ equity 5,096 4,977
COMMITMENTS, GUARANTEES AND CONTINGENCIES (NOTE 10)
TOTAL LIABILITIES AND EQUITY 11,490 9,927
JERSEY CENTRAL POWER & LIGHT COMPANY | Related Party    
Receivables -    
Receivables 1 44
CURRENT LIABILITIES:    
Accounts payable 40 1
JERSEY CENTRAL POWER & LIGHT COMPANY | Nonrelated Party    
Receivables -    
Receivables 75 28
CURRENT LIABILITIES:    
Short-term borrowings 11 0
Accounts payable 159 176
JERSEY CENTRAL POWER & LIGHT COMPANY | Customer    
Receivables -    
Customers 323 284
Less — Allowance for uncollectible customer receivables 6 6
Receivables $ 317 $ 278