v3.26.1
JCP&L STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 818 $ 732
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation and amortization 592 771
Transmission revenue collections, net 23 103
Deferred income taxes and investment tax credits, net 218 156
Employee benefit costs, net (9) 0
New Jersey ZEC refund, net (Note 9.) 79 0
Changes in current assets and liabilities-    
Receivables 11 (55)
Prepaid taxes and other current assets (143) (129)
Accounts payable 82 278
Accrued taxes (30) (38)
Accrued interest 14 34
Accrued compensation and benefits (58) 13
Other current liabilities (45) (50)
Cash collateral, net 9 22
Other (9) (48)
Net cash provided from operating activities 1,137 1,719
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital investments (2,600) (2,233)
Sales of investment securities held in trusts 33 30
Purchases of investment securities held in trusts (39) (36)
Asset removal costs (222) (167)
Other 0 (8)
Net cash used for investing activities (2,828) (2,414)
New financing-    
Long-term debt 2,075 4,125
Short-term borrowings- affiliated companies, net 1,051 0
Common stock dividend payments (526) (502)
Debt issuance costs and other (73) (114)
Net cash provided from financing activities 1,783 1,155
Net change in cash, cash equivalents, and restricted cash 92 460
Cash, cash equivalents, and restricted cash at beginning of period 99 154
Cash, cash equivalents, and restricted cash at end of period 191 614
Significant non-cash transactions:    
Accrued capital investments 400 325
JCP&L    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income 145 109
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation and amortization (49) 114
Transmission revenue collections, net (3) 14
Deferred income taxes and investment tax credits, net 74 51
Spent nuclear fuel disposal trust income 6 6
New Jersey temporary rate credits, net 20 0
Employee benefit costs, net (13) (12)
New Jersey ZEC refund, net (Note 9.) 79 0
Changes in current assets and liabilities-    
Receivables (66) (12)
Prepaid taxes and other current assets (75) (63)
Accounts payable 18 129
Accrued taxes (9) 2
Accrued interest 11 18
Accrued compensation and benefits (4) (3)
Other current liabilities (25) (16)
Cash collateral, net 0 9
Other (2) (24)
Net cash provided from operating activities 107 322
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital investments (635) (483)
Sales of investment securities held in trusts 33 30
Purchases of investment securities held in trusts (39) (36)
Asset removal costs (38) (33)
Other 0 (1)
Net cash used for investing activities (679) (523)
New financing-    
Long-term debt 350 0
Common stock dividend payments 0 (30)
Debt issuance costs and other (3) (4)
Net cash provided from financing activities 651 201
Net change in cash, cash equivalents, and restricted cash 79 0
Cash, cash equivalents, and restricted cash at beginning of period 0 0
Cash, cash equivalents, and restricted cash at end of period 79 0
Significant non-cash transactions:    
Accrued capital investments 96 78
JCP&L | Related Party    
New financing-    
Short-term borrowings- affiliated companies, net $ 304 $ 235