The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Income before income taxes | 1,559 | - | - | - |
| Income taxes | 288 | - | - | - |
| Net income | 1,271 | 1,127 | 1,176 | 439 |
| Depreciation and amortization | 1,607 | 1,588 | 1,280 | - |
| Impairment of assets | 352 | - | - | - |
| Depreciation, amortization, and impairments | - | - | - | 1,317 |
| Charges associated with change in aro (note 10) | - | 200 | - | - |
| Charges (credits) associated with changes in aro (note 9.) | -54 | - | - | - |
| Employee benefit costs, net | 14 | -32 | -9 | -378 |
| Pension and opeb mark-to-market adjustments | -253 | 22 | 78 | -72 |
| Deferred income taxes and investment tax credits, net | 219 | 316 | 252 | 989 |
| Transmission revenue collections, net | -197 | -113 | 180 | -79 |
| Gain on sale of yards creek | - | - | 0 | 0 |
| Settlement agreement and tax sharing payments to the fes debtors | - | - | - | 0 |
| Pension trust contribution | 0 | 0 | 750 | - |
| Gain on disposal, net of tax (note 15) | - | - | - | 0 |
| Loss (gain) on disposal, net of tax | 0 | 0 | -21 | - |
| Receivables | 186 | 249 | 13 | 292 |
| Materials and supplies | 28 | 37 | 91 | 161 |
| Prepaid taxes and other current assets | 24 | 33 | 43 | 28 |
| Accounts payable | 210 | 124 | -141 | 560 |
| Accrued taxes | 105 | -126 | 32 | 22 |
| Accrued interest | 104 | -23 | 38 | -29 |
| Ohio settlement customer restitution and refunds (note 13.) | 275 | - | - | - |
| Other current liabilities | 4 | -141 | 41 | 21 |
| Cash collateral, net | 4 | 90 | -218 | 111 |
| Employee benefit plan funding and related payments | 49 | 59 | 50 | - |
| Other | -68 | 11 | -36 | 105 |
| Net cash provided from operating activities | 3,700 | 2,891 | 1,387 | 2,683 |
| Capital investments | 4,705 | 4,030 | 3,356 | 2,756 |
| Proceeds from sale of yards creek | - | - | 0 | 0 |
| Sales of investment securities held in trusts | 102 | 121 | 38 | 48 |
| Purchases of investment securities held in trusts | 114 | 134 | 50 | 59 |
| Asset removal costs | 376 | 305 | 274 | 213 |
| Other | -28 | 2 | 10 | 96 |
| Net cash used for investing activities | -5,065 | -4,350 | -3,652 | -3,076 |
| Long-term debt | 5,925 | 2,100 | 3,150 | 700 |
| Short-term borrowings, net | 0 | 0 | 675 | 100 |
| Common stock issuance | - | - | 0 | 0 |
| Long-term debt | 3,129 | 2,760 | 537 | 3,005 |
| Short-term borrowings, net | 225 | 225 | 0 | 0 |
| Discounts (premiums) on debt issuances and redemptions, net | - | - | - | 151 |
| Proceeds from fet equity interest sale (note 1.) | 0 | 3,500 | 0 | 2,348 |
| Proceeds from 19.9 fet equity interest sale, net of transaction costs | - | 0 | - | - |
| Noncontrolling interest cash distributions | 100 | 86 | 72 | 21 |
| Capital contributions from noncontrolling interest | - | 0 | 0 | 9 |
| Common stock dividend payments | 1,016 | 970 | 906 | 891 |
| Debt issuance and redemption costs, and other | -145 | -125 | -72 | -1 |
| Net cash provided from financing activities | 1,310 | 1,434 | 2,238 | -912 |
| Net change in cash, cash equivalents and restricted cash | -55 | -25 | -27 | -1,305 |
| Cash and cash equivalents at beginning of period | 154 | 179 | 206 | 1,511 |
| Cash and cash equivalents at end of period | 99 | 154 | 179 | 206 |
FIRSTENERGY CORP (FE)
FIRSTENERGY CORP (FE)