v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUES:    
Total revenues $ 492 $ 468
OPERATING EXPENSES:    
Other operating expenses [1] 74 91
Provision for depreciation 92 87
Amortization of regulatory assets, net 1 1
General taxes 83 73
Total operating expenses 250 252
OPERATING INCOME 242 216
OTHER INCOME (EXPENSE):    
Miscellaneous income, net 1 2
Capitalized financing costs 23 16
Total other expense (57) (51)
INCOME BEFORE INCOME TAXES 185 165
INCOME TAXES 43 37
NET INCOME 142 128
Income attributable to noncontrolling interest 19 19
EARNINGS ATTRIBUTABLE TO FIRSTENERGY TRANSMISSION, LLC 123 109
Non-affiliates    
REVENUES:    
Total revenues 485 464
OTHER INCOME (EXPENSE):    
Interest expense (83) (70)
Affiliates    
REVENUES:    
Total revenues 7 4
OPERATING EXPENSES:    
Other operating expenses 44 52
OTHER INCOME (EXPENSE):    
Interest income from affiliates 2 2
Interest expense $ 0 $ (1)
[1] Includes affiliated operating expenses of $44 million and $52 million for the three months ended March 31, 2026 and 2025, respectively.