FIRSTENERGY CORP FE Income Statement

Firstenergy corp (FE)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Mar'08
REVENUES:
Electric utilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	10,061	10,244	10,662	11,139	12,220	0	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	1,847	2,758	-	4,035	4,354	4,374	4,398	4,459	4,542	4,825	5,178	5,334	5,506	5,556	5,441	5,340	5,216	5,358	5,473	5,404	5,700	5,738	5,532	5,418	4,711	4,007	3,519	3,065	2,562	2,276	1,834	1,697	0	0	0	0
Total revenues(1)
10,861	11,035	11,072	11,173	11,282	11,261	11,090	10,936	10,935	10,928	7,902	8,909	9,686	10,700	14,728	14,934	14,998	15,026	14,968	14,733	14,764	15,049	15,196	15,340	15,351	14,892	14,738	14,758	15,006	15,273	16,516	16,524	0	-	0	0	-	-	-	-	-	-	-	-	0	0	0
OPERATING EXPENSES:
Fuel
464	497	516	531	530	538	408	397	432	497	-205	119	394	571	1,746	1,778	1,723	1,855	1,947	2,009	2,176	2,280	2,292	2,405	2,483	2,496	2,553	2,532	2,560	2,471	2,430	2,426	2,405	2,317	2,068	1,836	1,551	1,432	1,347	1,249	1,175	1,153	1,246	0	0	0	0
Purchased power
2,840	2,927	2,906	2,984	3,070	3,109	3,104	3,002	2,955	2,926	2,533	2,738	2,977	3,310	4,104	4,334	4,434	4,423	4,301	4,280	4,374	4,716	4,757	4,689	4,472	3,963	3,814	3,757	3,933	4,246	4,483	4,769	4,947	4,874	4,759	4,729	4,572	4,624	4,870	4,864	4,825	4,730	4,786	0	0	0	0
Other operating expenses
2,922	2,952	2,913	2,894	2,972	3,133	3,181	3,094	3,085	2,802	1,728	2,029	2,318	2,579	3,776	3,665	3,601	3,740	3,700	3,716	3,837	3,962	4,009	4,028	3,893	3,593	3,805	3,789	3,824	3,760	3,498	3,630	3,774	3,949	3,653	3,398	3,006	2,714	2,559	2,486	2,425	2,551	2,898	0	0	0	0
Provision for depreciation
1,240	1,220	1,203	1,182	1,156	1,136	1,105	1,083	1,054	1,027	724	774	854	933	1,287	1,304	1,292	1,282	1,285	1,265	1,245	1,220	1,197	1,205	1,203	1,202	1,192	1,148	1,133	1,119	1,089	1,114	1,116	1,062	994	879	782	750	772	778	773	757	718	0	0	0	0
Amortization (deferral) of regulatory assets, net
-32	-79	123	147	3	-150	-154	-108	77	308	349	334	319	297	193	205	201	172	186	111	72	12	123	400	452	539	552	301	291	307	328	389	417	474	531	585	656	736	663	748	820	1,019	1,196	0	0	0	0
General taxes
1,014	1,008	1,004	999	1,000	993	976	962	952	940	837	864	875	913	1,017	988	989	978	971	974	960	962	969	972	984	978	970	985	977	984	990	1,002	1,012	977	937	874	808	776	753	739	747	753	788	0	0	0	0
Deferral of regulatory assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	196	0	0	0	0
Impairment of assets
-	-	-	-	-	0	-	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Total operating expenses
8,448	8,525	8,665	8,737	8,731	8,759	8,607	8,430	8,555	8,500	4,575	5,454	7,780	8,646	13,830	13,989	12,524	12,734	13,249	13,206	13,499	13,987	13,413	13,765	14,026	13,310	13,593	13,219	12,952	13,121	13,593	14,105	14,446	14,428	13,214	12,865	11,939	11,596	11,721	11,329	11,185	11,290	11,436	0	0	0	0
OPERATING INCOME
2,413	2,510	2,407	2,436	2,551	2,502	2,483	2,506	2,380	2,428	3,327	3,455	1,906	2,054	898	945	2,474	2,292	1,719	1,527	1,265	1,062	1,783	1,575	1,325	1,582	1,145	1,539	2,054	2,152	1,954	2,109	2,073	1,677	2,314	1,672	1,677	1,743	1,405	1,477	1,753	1,683	2,481	0	0	0	0
OTHER INCOME (EXPENSE):
Loss on debt redemptions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8	1	-22	-132	-132	-141	-117	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Miscellaneous income, net
289	243	232	224	192	205	173	143	106	53	13	22	30	44	67	11	-11	-22	-9	35	67	72	92	81	37	33	22	56	84	77	77	86	104	114	124	122	122	117	90	235	231	204	247	0	0	0	0
Pension and OPEB mark-to-market adjustment (Note 5)
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
1,043	1,033	1,031	1,025	1,121	1,116	1,108	1,115	1,008	1,005	865	889	930	973	1,149	1,148	1,141	1,132	1,125	1,115	1,095	1,081	1,047	1,029	1,023	1,016	1,022	995	1,013	1,001	995	1,032	1,023	1,008	980	921	863	845	1,239	1,386	1,385	978	175	0	0	0	0
Capitalized financing costs
71	71	71	68	68	65	60	57	55	52	15	30	42	55	237	235	176	117	166	112	113	118	-133	-126	-117	-103	-77	-74	-70	-72	-145	-144	-105	-70	-266	-208	-188	-165	157	151	144	131	111	0	0	0	0
Total other expense
-1,780	-1,393	-872	-877	-1,005	-990	-977	-1,017	-949	-1,002	-939	-939	-960	-976	-1,341	-1,398	-1,406	-1,399	-1,004	-948	-898	-891	-830	-821	-891	-1,012	-1,055	-1,006	-976	-852	-280	-309	-281	-255	-758	-677	-599	-563	-604	-612	-622	-643	-589	0	0	0	0
INCOME (LOSS) BEFORE INCOME TAXES (BENEFITS)
633	1,117	1,535	1,559	1,546	1,512	1,506	1,489	1,431	1,426	2,388	2,516	946	1,078	-443	-453	1,068	893	715	579	367	171	953	754	434	570	90	533	1,078	1,300	1,674	1,800	1,792	1,422	1,556	995	1,078	1,180	801	865	1,131	1,040	1,892	0	0	0	0
INCOME TAXES (BENEFITS)
60	213	268	282	302	442	1,684	1,765	1,796	1,715	679	728	466	527	164	139	384	315	217	143	54	-42	292	217	129	195	18	248	437	545	672	690	677	566	648	442	462	462	118	127	241	184	668	0	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
573	904	1,267	1,277	1,244	1,070	-178	-276	-365	-289	0	0	0	-	-	-	-	-	-	-	-	213	661	537	305	375	655	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
93	8	-58	-917	-897	326	-1,111	-159	-195	-1,435	0	0	0	-	-	-	-	-	-	-	-	86	86	95	99	17	20	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	392	102	309	661	771	1,018	1,123	1,128	869	908	553	616	718	683	738	890	856	1,224	0	0	0	-
Net Income (Loss) Attributable to Parent
666	912	1,161	312	299	1,348	-1,289	-435	-560	-1,724	-5,021	-5,037	-6,300	-6,177	-607	-592	684	578	0	0	0	-	0	0	0	-	-	-	-	-	0	0	-	885	930	577	639	742	704	759	908	872	1,238	0	0	0	0
INCOME ALLOCATED TO PREFERRED STOCKHOLDERS (Note 4)
4	9	1	55	216	367	375	321	156	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-16	-22	-24	-23	-24	-21	-21	-18	-16	0	0	0	-	0
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS
662	903	1,142	239	65	963	-1,664	-756	-716	-1,724	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Income (Loss) from Continuing Operations, Per Basic Share
0.05	-0.33	0.72	0.63	0.66	0.34	0.68	0.30	0.05	-2.40	0.68	0.49	0.58	-	-	-	-	-	-	-	-	-0.73	0.79	0.16	0.29	0.34	0.50	-0.40	0.46	-	1.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
0.09	0.13	0.01	-0.05	-0.07	-0.09	-1.70	-0.02	2.50	-3.22	0.21	-0.10	-0.12	-	-	-	-	-	-	-	-	-0.01	0.00	0.00	0.21	0.00	0.02	0.01	0.01	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic - Net Income Attributable to Common Stockholders (in dollars per share)
0.14	-0.20	0.73	0.58	0.59	0.25	-1.02	0.28	2.55	-5.62	0.89	0.39	0.46	-13.60	0.89	-2.56	0.78	-0.54	0.94	0.44	0.53	-0.74	0.79	0.16	0.50	0.34	0.52	-0.39	0.47	-0.35	1.02	0.45	0.73	0.32	1.27	0.48	0.15	0.47	0.59	0.87	0.51	0.35	0.77	1.36	0.39	1.55	-
Income (Loss) from Continuing Operations, Per Diluted Share
0.05	-0.33	0.72	0.63	0.66	0.34	0.68	0.30	0.05	-2.40	0.68	0.49	0.58	-	-	-	-	-	-	-	-	-0.72	0.79	0.15	0.29	0.34	0.50	-0.40	0.46	-	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
0.09	0.13	0.00	-0.05	-0.07	-0.09	-1.70	-0.02	2.49	-3.22	0.21	-0.10	-0.12	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.20	0.00	0.02	0.01	0.01	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted - Net Income Attributable to Common Stockholders (in dollars per share)
0.14	-0.20	0.72	0.58	0.59	0.25	-1.02	0.28	2.54	-5.62	0.89	0.39	0.46	-13.59	0.89	-2.56	0.77	-0.53	0.93	0.44	0.53	-0.72	0.79	0.15	0.49	0.34	0.52	-0.39	0.47	-0.35	1.01	0.45	0.73	0.31	1.27	0.48	0.15	0.45	0.59	0.87	0.51	0.33	0.77	1.36	0.39	1.54	-
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
EARNINGS AVAILABLE TO PARENT
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Weighted Average Number of Shares Outstanding, Basic
541	540	538	532	530	512	503	477	476	445	444	444	443	430	425	425	424	422	423	422	421	421	420	420	419	418	418	418	418	420	417	417	418	418	418	418	342	304	304	304	304	304	304	304	304	304	304
Weighted Average Number of Shares Outstanding, Diluted
543	560	542	533	533	514	505	479	478	441	446	445	444	426	427	425	426	426	424	423	423	422	421	421	420	420	419	418	419	418	419	419	420	421	420	420	343	304	305	305	306	307	306	305	306	307	307
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK, in dollars per share
-	-	-	-	-	-	-	-	-	-	0.72	0.00	0.72	-	0.72	0.00	0.72	0.00	0.72	0.00	0.72	0.00	0.72	0.00	0.72	0.00	1.10	0.00	0.55	0.55	1.10	0.00	0.55	0.55	1.10	0.00	0.55	-	1.10	0.00	0.55	-	1.10	0.00	0.55	1.10	-
Excise taxes collected
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-
Income tax expense (benefit)
0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution services
Total revenues
8,535	8,720	8,781	8,833	8,951	8,937	8,387	8,258	8,480	8,685	8,400	8,757	8,675	8,685	9,590	9,523	9,573	9,625	8,985	8,915	8,932	9,102	9,862	9,834	9,795	9,451	9,398	9,542	9,648	9,800	8,899	9,270	9,537	10,573	8,861	9,548	10,097	9,820	13,574	13,117	0	-	0	0	-	-	-
Transmission
Total revenues
1,555	1,510	1,429	1,399	1,368	1,335	1,326	1,322	1,313	1,307	1,245	1,202	1,150	1,123	1,103	1,057	1,051	1,003	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Total revenues
0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-