v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Financial Information
Financial information for FirstEnergy’s reportable segments and reconciliations to consolidated amounts is presented below:
(In millions)
For the Three Months Ended
DistributionIntegratedStand-Alone TransmissionTotal Reportable
Segments		Corporate/ OtherReconciling AdjustmentsFirstEnergy Consolidated
June 30, 2026
External revenues$1,704 $1,433 $537 $3,674 $4 $— $3,678 
Internal revenues10 1 7 18 — (18)— 
Total revenues$1,714 $1,434 $544 $3,692 $4 $(18)$3,678 
Other operating expenses(1)
662 418 95 1,175 (7)(3)1,165 
Depreciation(1)
164 142 98 404 20 — 424 
Amortization (deferral) of regulatory assets, net(163)(63)1 (225)— — (225)
Interest expense(1)
110 83 88 281 87 (31)337 
Income taxes (benefits)(1)
33 38 47 118 (26)— 92 
Other expense (income) items(2)
765 693 118 1,576 (10)31 1,597 
Earnings (losses) attributable to FE143 123 97 363 (75)— 288 
Cash Flows from Investing Activities:
Capital investments$427 $530 $417 $1,374 $(29)$— $1,345 
June 30, 2025
External revenues$1,665 $1,260 $451 $3,376 $4 $— $3,380 
Internal revenues10 1 5 16 — (16)— 
Total revenues$1,675 $1,261 $456 $3,392 $4 $(16)$3,380 
Other operating expenses(1)
634 306 74 1,014 (17)(2)995 
Depreciation(1)
163 139 92 394 21 — 415 
Amortization (deferral) of regulatory assets, net(98)(3)2 (99)— — (99)
Interest expense(1)
101 68 81 250 89 (40)299 
Income taxes (benefits)(1)
43 35 36 114 (26)— 88 
Other expense (income) items(2)
671 600 96 1,367 7 40 1,414 
Earnings (losses) attributable to FE161 116 75 352 (84)— 268 
Cash Flows from Investing Activities:
Capital investments$295 $443 $435 $1,173 $55 $— $1,228 
For the Six Months Ended
June 30, 2026
External revenues$3,685 $3,135 $1,046 $7,866 $14 $— $7,880 
Internal revenues19 2 14 35 — (35)— 
Total revenues$3,704 $3,137 $1,060 $7,901 $14 $(35)$7,880 
Other operating expenses(1)
1,378 1,090 174 2,642 (11)(6)2,625 
Depreciation(1)
329 281 195 805 40 — 845 
Amortization (deferral) of regulatory assets, net(417)(268)3 (682)— — (682)
Interest expense(1)
217 161 173 551 173 (61)663 
Income taxes (benefits)(1)
97 84 93 274 (44)— 230 
Other expense (income) items(2)
1,711 1,513 234 3,458 (13)61 3,506 
Earnings (losses) attributable to FE389 276 188 853 (160)— 693 
Cash Flows from Investing Activities:
Capital investments$791 $1,006 $750 $2,547 $53 $— $2,600 
(In millions)DistributionIntegratedStand-Alone TransmissionTotal Reportable
Segments		Corporate/ OtherReconciling AdjustmentsFirstEnergy Consolidated
June 30, 2025
External revenues$3,592 $2,608 $937 $7,137 $8 $— $7,145 
Internal revenues19 2 10 31 — (31)— 
Total revenues$3,611 $2,610 $947 $7,168 $8 $(31)$7,145 
Other operating expenses(1)
1,261 643 172 2,076 (42)(5)2,029 
Depreciation(1)
325 277 183 785 41 — 826 
Amortization (deferral) of regulatory assets, net(117)5 3 (109)— — (109)
Interest expense(1)
200 133 154 487 168 (68)587 
Income taxes (benefits)(1)
103 75 76 254 (40)— 214 
Other expense (income) items(2)
1,460 1,225 203 2,888 14 68 2,970 
Earnings (losses) attributable to FE379 252 156 787 (159)— 628 
Cash Flows from Investing Activities:
Capital investments$560 $838 $749 $2,147 $86 $— $2,233 
As of June 30, 2026
Total assets$21,386 $21,508 $15,468 $58,362 $1,829 $(1,970)$58,221 
Total goodwill$3,222 $1,953 $443 $5,618 $— $— $5,618 
As of December 31, 2025
Total assets$20,653 $20,352 $14,903 $55,908 $1,793 $(1,797)$55,904 
Total goodwill$3,222 $1,953 $443 $5,618 $— $— $5,618 
(1) FirstEnergy considers this line to be a significant expense.
(2) Consists of Fuel, Purchased power, General taxes, Debt redemption costs, Miscellaneous income, net, Capitalized financing costs, and Income attributable to noncontrolling interest.