v3.26.1
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
REVENUES:        
Total revenues [1] $ 3,678 $ 3,380 $ 7,880 $ 7,145
OPERATING EXPENSES:        
Fuel 156 168 317 317
Purchased power 1,157 953 2,586 2,041
Other operating expenses 1,165 995 2,625 2,029
Provision for depreciation 424 415 845 826
Deferral of regulatory assets, net (225) (99) (682) (109)
General taxes 324 302 684 641
Total operating expenses 3,001 2,734 6,375 5,745
OPERATING INCOME 677 646 1,505 1,400
OTHER INCOME (EXPENSE):        
Debt redemption costs (Note 6..) 0 (24) 0 (24)
Miscellaneous income, net 52 41 100 77
Interest expense (337) (299) (663) (587)
Capitalized financing costs 52 42 106 80
Total other expense (233) (240) (457) (454)
INCOME BEFORE INCOME TAXES 444 406 1,048 946
INCOME TAXES 92 88 230 214
NET INCOME 352 318 818 732
Income attributable to noncontrolling interest 64 50 125 104
EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP. 288 268 693 628
COMPREHENSIVE INCOME ATTRIBUTABLE TO FIRSTENERGY CORP. $ 288 $ 268 $ 693 $ 628
EARNINGS PER SHARE ATTRIBUTABLE TO FIRSTENERGY CORP. (Note 3.):        
Basic (in dollars per share) $ 0.50 $ 0.46 $ 1.20 $ 1.09
Diluted (in dollars per share) $ 0.50 $ 0.46 $ 1.20 $ 1.09
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:        
Basic (in shares) 578 577 578 577
Diluted (in shares) 579 578 580 578
Distribution services and retail generation        
REVENUES:        
Total revenues $ 2,787 $ 2,698 $ 6,031 $ 5,779
Transmission        
REVENUES:        
Total revenues 686 562 1,314 1,148
Other        
REVENUES:        
Total revenues $ 205 $ 120 $ 535 $ 218
[1] Includes excise and gross receipts tax collections of $105 million and $100 million during the three months ended June 30, 2026, and 2025, respectively, and $238 million and $223 million during the six months ended June 30, 2026, and 2025, respectively.