DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

Summarized results of discontinued operations for the years ended December 31, 2021, 2020, and 2019 were as follows:

	For the Years Ended December 31,
(In millions)	2021		2020		2019
Revenues	$	—	$	7	$	188
Fuel	—		(6)		(140)
Other operating expenses	—		(6)		(63)
General taxes	—		—		(14)
Pleasants economic interest(1)	—		5		27
Other expense, net	(4)		—		(2)
Loss from discontinued operations, before tax	(4)		—		(4)
Income tax expense (benefit)	(1)		—		47
Loss from discontinued operations, net of tax	(3)		—		(51)
Settlement consideration and services credit	—		(1)		7
Accelerated net pension and OPEB prior service credits	—		18		—
Gain on disposal of FES and FENOC, before tax	—		17		7
Income tax benefits, including worthless stock deduction	(47)		(59)		(52)
Gain on disposal of FES and FENOC, net of tax	47		76		59
Income from discontinued operations	$	44	$	76	$	8

(1) Reflects the estimated amounts owed from FG for its economic interests in Pleasants effective January 1, 2019. As discussed above, settlement of the economic interests occurred during the first quarter of 2020.

FirstEnergy's Consolidated Statements of Cash Flows combines cash flows from discontinued operations with cash flows from continuing operations within each cash flow category. The following table summarizes the major classes of cash flow items from discontinued operations for the years ended December 31, 2021, 2020 and 2019:

	For the Years Ended December 31,
(In millions)	2021		2020		2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Income from discontinued operations	$	44	$	76	$	8
Gain on disposal, net of tax	(47)		(76)		(59)
Deferred income taxes and investment tax credits, net	—		—		47