XML 77 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (FirstEnergy Corp.) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 109 $ 218
Receivables-    
Customers, net of allowance for uncollectible accounts of $55 in 2014 and $52 in 2013 1,869 1,720
Other, net of allowance for uncollectible accounts of $3 in 2014 and 2013 218 198
Materials and supplies, at average cost 740 752
Prepaid taxes 240 226
Derivatives 247 166
Accumulated deferred income taxes 375 366
Collateral 580 155
Other 199 212
Total current assets 4,577 4,013
PROPERTY, PLANT AND EQUIPMENT:    
In service 44,782 44,228
Less - Accumulated provision for depreciation 13,555 13,280
Property, plant and equipment in service net of accumulated provision for depreciation 31,227 30,948
Construction work in progress 2,661 2,304
Total net property, plant and equipment 33,888 33,252
INVESTMENTS:    
Nuclear plant decommissioning trusts 2,263 2,201
Other 898 903
Total other property and investments 3,161 3,104
ASSETS HELD FOR SALE 0 235
DEFERRED CHARGES AND OTHER ASSETS:    
Goodwill 6,418 6,418
Regulatory assets 1,798 1,854
Other 1,386 1,548
Total deferred charges and other assets 9,602 9,820
Total assets 51,228 50,424
CURRENT LIABILITIES:    
Currently payable long-term debt 1,416 1,415
Short-term borrowings 3,085 3,404
Accounts payable 1,455 1,250
Accrued taxes 527 485
Accrued compensation and benefits 232 351
Derivatives 159 111
Other 863 621
Total current liabilities 7,737 7,637
Common stockholders' equity-    
Common stock, $0.10 par value, authorized 490,000,000 shares - 419,837,287 shares and 418,628,559 shares outstanding as of March 31, 2014 and December 31, 2013, respectively 42 42
Other paid-in capital 9,793 9,776
Accumulated other comprehensive income 271 284
Retained earnings 2,496 2,590
Total common stockholders' equity 12,602 12,692
Noncontrolling interest 3 3
Total equity 12,605 12,695
Long-term debt and other long-term obligations 16,804 15,831
Total capitalization 29,409 28,526
NONCURRENT LIABILITIES:    
Accumulated deferred income taxes 7,028 6,968
Retirement benefits 2,713 2,689
Asset retirement obligations 1,704 1,678
Deferred gain on sale and leaseback transaction 850 858
Adverse power contract liability 255 290
Other 1,532 1,778
Total noncurrent liabilities 14,082 14,261
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 10)      
Total liabilities and capitalization $ 51,228 $ 50,424