Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Financial Information

Financial information for each of FirstEnergy’s reportable segments is presented in the tables below:

Segment Financial Information

For the Three Months Ended	Regulated Distribution		Regulated Transmission		Corporate/ Other		Reconciling Adjustments		FirstEnergy Consolidated
	(In millions)
June 30, 2020
External revenues	$	2,140	$	380	$	2	$	—	$	2,522
Internal revenues	48		4		—		(52)		—
Total revenues	$	2,188	$	384	$	2	$	(52)	$	2,522
Depreciation	226		78		—		17		321
Amortization of regulatory assets, net	10		3		—		—		13
Miscellaneous income (expense), net	90		8		7		(2)		103
Interest expense	123		55		87		(2)		263
Income taxes (benefits)	67		34		(35)		—		66
Income (loss) from continuing operations	251		114		(58)		—		307
Property additions	$	386	$	270	$	20	$	—	$	676
June 30, 2019
External revenues	$	2,145	$	368	$	3	$	—	$	2,516
Internal revenues	47		4		—		(51)		—
Total revenues	$	2,192	$	372	$	3	$	(51)	$	2,516
Depreciation	220		71		1		17		309
Amortization of regulatory assets, net	34		3		—		—		37
Miscellaneous income (expense), net	46		4		38		(8)		80
Interest expense	124		48		95		(8)		259
Income taxes (benefits)	67		30		(16)		—		81
Income (loss) from continuing operations	258		116		(33)		—		341
Property additions	$	354	$	300	$	20	$	—	$	674
For the Six Months Ended
June 30, 2020
External revenues	$	4,451	$	777	$	3	$	—	$	5,231
Internal revenues	95		8		—		(103)		—
Total revenues	$	4,546	$	785	$	3	$	(103)	$	5,231
Depreciation	449		154		2		33		638
Amortization of regulatory assets, net	59		6		—		—		65
Miscellaneous income (expense), net	165		14		32		(8)		203
Interest expense	250		107		177		(8)		526
Income taxes (benefits)	35		68		(97)		—		6
Income (loss) from continuing operations	387		231		(287)		—		331
Property additions	$	724	$	539	$	29	$	—	$	1,292
June 30, 2019
External revenues	$	4,671	$	720	$	8	$	—	$	5,399
Internal revenues	94		8		—		(102)		—
Total revenues	$	4,765	$	728	$	8	$	(102)	$	5,399
Depreciation	429		140		3		34		606
Amortization (deferral) of regulatory assets, net	37		5		—		—		42
Miscellaneous income (expense), net	92		8		49		(15)		134
Interest expense	246		93		188		(15)		512
Income taxes (benefits)	156		61		(43)		—		174
Income (loss) from continuing operations	587		220		(111)		—		696
Property additions	$	672	$	531	$	25	$	—	$	1,228
As of June 30, 2020
Total assets	$	29,863	$	11,914	$	626	$	—	$	42,403
Total goodwill	$	5,004	$	614	$	—	$	—	$	5,618
As of December 31, 2019
Total assets	$	29,642	$	11,611	$	1,015	$	33	$	42,301
Total goodwill	$	5,004	$	614	$	—	$	—	$	5,618