DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

Summarized results of discontinued operations for the years ended December 31, 2022, 2021, and 2020 were as follows:

	For the Years Ended December 31,
(In millions)	2022		2021		2020
Revenues	$	—	$	—	$	7
Fuel	—		—		(6)
Other operating expenses	—		—		(6)
Pleasants economic interest(1)	—		—		5
Other expense, net	—		(4)		—
Loss from discontinued operations, before tax	—		(4)		—
Income tax expense (benefit)	—		(1)		—
Loss from discontinued operations, net of tax	—		(3)		—
Settlement consideration and services credit	—		—		(1)
Accelerated net pension and OPEB prior service credits	—		—		18
Gain on disposal of FES and FENOC, before tax	—		—		17
Income tax benefits, including worthless stock deduction	—		(47)		(59)
Gain on disposal of FES and FENOC, net of tax	—		47		76
Income from discontinued operations (2)	$	—	$	44	$	76

(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.

(2) Income from discontinued operations are included in Corporate/Other for segment reporting.

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, 2022, 2021 and 2020:

	For the Years Ended December 31,
(In millions)	2022		2021		2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Income from discontinued operations	$	—	$	44	$	76
Gain on disposal, net of tax	—		(47)		(76)