v3.25.1
JCP&L STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 414 $ 267
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation, amortization and impairments 408 276
Transmission revenue collections, net 40 48
Deferred income taxes and investment tax credits, net 97 112
Employee benefit costs, net (3) (17)
Changes in current assets and liabilities-    
Receivables (55) (85)
Prepaid taxes and other current assets (108) (172)
Accounts payable 25 (1)
Accrued taxes (157) (176)
Accrued interest 11 13
Accrued compensation and benefits (7) (178)
Other current liabilities (16) (18)
Collateral, net 37 (25)
Employee benefit plan funding and related payments (12) (20)
Other (19) (38)
Net cash provided from (used for) operating activities 637 (40)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital investments (1,005) (790)
Sales of investment securities held in trusts 27 13
Purchases of investment securities held in trusts (30) (16)
Asset removal costs (84) (78)
Net cash used for investing activities (1,093) (870)
New financing-    
Short-term borrowings - affiliated companies, net 1,085 0
Redemptions and repayments-    
Common stock dividend payments (245) (235)
Other (27) (13)
Net cash provided from financing activities 465 1,646
Net change in cash, cash equivalents, and restricted cash 9 736
Cash, cash equivalents, and restricted cash at beginning of period 154 179
Cash, cash equivalents, and restricted cash at end of period 163 915
Significant non-cash transactions    
Accrued capital investments 285 224
JERSEY CENTRAL POWER & LIGHT COMPANY    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) 49 (8)
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation, amortization and impairments 43 71
Transmission revenue collections, net 8 9
Deferred income taxes and investment tax credits, net 23 27
Spent nuclear fuel disposal trust income 3 3
Employee benefit costs, net (6) (7)
Changes in current assets and liabilities-    
Receivables 44 (15)
Prepaid taxes and other current assets (2) 7
Accounts payable 28 19
Accrued taxes (7) (3)
Accrued interest 7 3
Accrued compensation and benefits (5) (12)
Other current liabilities 5 (2)
Collateral, net 19 2
Employee benefit plan funding and related payments 0 (7)
Other (4) (4)
Net cash provided from (used for) operating activities 205 83
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital investments (206) (194)
Sales of investment securities held in trusts 27 13
Purchases of investment securities held in trusts (30) (16)
Asset removal costs (17) (18)
Net cash used for investing activities (226) (215)
New financing-    
Short-term borrowings - affiliated companies, net 54 192
Redemptions and repayments-    
Short-term borrowings - other, net 0 (200)
Equity contribution from parent 0 140
Common stock dividend payments (30) 0
Other (3) 0
Net cash provided from financing activities 21 132
Net change in cash, cash equivalents, and restricted cash 0 0
Cash, cash equivalents, and restricted cash at beginning of period 0 0
Cash, cash equivalents, and restricted cash at end of period 0 0
Significant non-cash transactions    
Accrued capital investments $ 79 $ 76