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INCOME TAXES (Tables)
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
The following table reconciles the FirstEnergy effective income tax rate to the federal income tax statutory rate for the three and nine months ended September 30, 2025 and 2024:
FirstEnergyFor the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
(In millions)
Income before income taxes$610 $560 $1,556 $1,125 
Federal income tax expense at the 21% statutory rate$128 $118 $327 $236 
Increases (reductions) in tax expense resulting from:
State and municipal income taxes, net of federal tax benefit34 33 90 76 
AFUDC equity and other flow-through(15)(6)(34)(19)
Deductions associated with certain equity method investments— (14)— (14)
Tax related to FE’s equity interest earnings from FET4 4 12 13 
Excess deferred tax amortization(8)(13)(33)(40)
Nondeductible SEC and OAG settlements— — — 27 
Remeasurement of excess deferred income taxes(70)(21)(70)(21)
Valuation allowances — (3)— 33 
Other, net5 (4)— 3 
Total income taxes$78 $94 $292 $294 
Effective income tax rate12.8 %16.8 %18.8 %26.1 %

The following table reconciles the JCP&L effective income tax rate to the federal income tax statutory rate for the three and nine months ended September 30, 2025 and 2024:
JCP&LFor the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
(In millions)
Income before income taxes$160 $150 $313 $216 
Federal income tax expense at the 21% statutory rate$34 $32 $66 $45 
Increases (reductions) in tax expense resulting from:
State income taxes, net of federal tax benefit11 11 22 15 
AFUDC equity and other flow-through(2)— (5)— 
Excess deferred tax amortization(1)(1)(3)(4)
Other, net(1)(1)(1)2 
Total income taxes$41 $41 $79 $58 
Effective income tax rate25.6 %27.3 %25.2 %26.9 %