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REVENUE (Tables)

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following represents a disaggregation of FirstEnergy’s revenue from contracts with customers for the three and nine months ended September 30, 2025 and 2024:

						Three Months Ended September 30,												Nine Months Ended September 30,
						2025						2024						2025						2024
						(In millions)
Distribution
Retail generation and distribution services:
Residential						$	1,333					$	1,222					$	3,685					$	3,460
Commercial						450						395						1,274						1,153
Industrial						170						138						484						437
Other						18						18						55						56
Wholesale						6						2						10						4
Other revenue from contracts with customers						23						23						60						63
Total revenues from contracts with customers						2,000						1,798						5,568						5,173
Other revenue unrelated to contracts with customers						20						19						63						59
Total Distribution						$	2,020					$	1,817					$	5,631					$	5,232
Integrated
Retail generation and distribution services:
Residential						$	880					$	802					$	2,186					$	1,954
Commercial						356						335						981						863
Industrial						158						151						461						436
Other						8						8						26						22
Wholesale						129						50						254						118
Transmission						109						86						320						283
Other revenue from contracts with customers						2						5						7						18
Total revenues from contracts with customers						1,642						1,437						4,235						3,694
Other revenue unrelated to contracts with customers						11						15						28						31
Total Integrated						$	1,653					$	1,452					$	4,263					$	3,725
Stand-Alone Transmission
ATSI						$	273					$	262					$	791					$	766
TrAIL						66						68						197						206
MAIT						121						116						365						330
KATCo						23						24						67						67
Other						—						—						—						(2)
Total revenues from contracts with customers						483						470						1,420						1,367
Other revenue unrelated to contracts with customers						5						5						15						14
Total Stand-Alone Transmission						$	488					$	475					$	1,435					$	1,381
Corporate/Other, Eliminations and Reconciling Adjustments (1)
Wholesale						$	4					$	2					$	12					$	6
Eliminations and reconciling adjustments						(17)						(17)						(48)						(48)
Total Corporate/Other, Eliminations and Reconciling Adjustments						$	(13)					$	(15)					$	(36)					$	(42)
FirstEnergy Total Revenues						$	4,148					$	3,729					$	11,293					$	10,296

(1) Includes eliminations and reconciling adjustments of inter-segment revenues.

The following table represents a disaggregation of JCP&L’s revenue from contracts with customers for the three and nine months ended September 30, 2025 and 2024:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
			(In millions)
Distribution
Retail generation and distribution services:
Residential			$	606					$	533					$	1,318					$	1,168
Commercial			204						183						554						473
Industrial			19						18						57						52
Other			6						6						17						15
Wholesale			2						2						3						4
Other revenue from contracts with customers			3						4						10						14
Total revenues from contracts with customers			840						746						1,959						1,726
Other revenue unrelated to contracts with customers			1						1						3						2
Total Distribution Segment Revenue			$	841					$	747					$	1,962					$	1,728
Transmission
Total Transmission Segment Revenue			$	67					$	57					$	191					$	175
Reconciling Adjustments(1)
Retail generation and distribution services			$	(44)					$	(39)					$	(131)					$	(115)
JCP&L Total Revenues			$	864					$	765					$	2,022					$	1,788

(1) Includes eliminations and reconciling adjustments of inter-segment revenues.

Schedule of Receivables from Customers

Billed and unbilled customer receivables as of September 30, 2025, and December 31, 2024, are included below:

Customer Receivables - FirstEnergy						September 30, 2025						December 31, 2024
						(In millions)
Billed						$	950					$	867
Unbilled						624						718
						1,574						1,585
Less: Uncollectible Reserve						55						55
Total FirstEnergy Customer Receivables						$	1,519					$	1,530

Customer Receivables - JCP&L						September 30, 2025						December 31, 2024
						(In millions)
Billed						$	197					$	166
Unbilled						126						118
						323						284
Less: Uncollectible Reserve						6						6
Total JCP&L Customer Receivables						$	317					$	278

Schedule of Activity in the Allowance for Uncollectible Accounts on Customer Receivables

Activity in the allowance for uncollectible accounts on customer receivables for the nine months ended September 30, 2025, and for the year ended December 31, 2024 are as follows:

						FirstEnergy						JCP&L
						(In millions)
Balance, January 1, 2024						$	64					$	9
Provision for expected credit losses(1)(2)						73						5
Charged to other accounts(3)						39						4
Write-offs						(121)						(12)
Balance, December 31, 2024						$	55					$	6
Provision for expected credit losses(1)(2)						64						6
Charged to other accounts(3)						28						2
Write-offs						(92)						(8)
Balance, September 30, 2025						$	55					$	6

(1) Approximately $25 million and $17 million of which was deferred for future recovery for FirstEnergy in the nine months ended September 30, 2025, and the year ended December 31, 2024, respectively.

(2) Approximately $6 million and $5 million of which was deferred for future recovery for JCP&L in the nine months ended September 30, 2025, and the year ended December 31, 2024, respectively.

(3) Represents recoveries and reinstatements of accounts written off for uncollectible accounts.

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
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