v3.26.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
REVENUES:        
Total revenues $ 479 $ 464 $ 1,480 $ 1,367
OPERATING EXPENSES:        
Other operating expenses [1] 74 68 233 226
Provision for depreciation 95 88 280 262
Amortization of regulatory assets, net 1 1 4 4
General taxes 64 73 230 220
Total operating expenses 234 230 747 712
OPERATING INCOME 245 234 733 655
OTHER INCOME (EXPENSE):        
Miscellaneous income (expense), net (8) (1) (8) 1
Capitalized financing costs 26 23 73 57
Total other expense (67) (56) (182) (159)
INCOME BEFORE INCOME TAXES (BENEFITS) 178 178 551 496
INCOME TAXES (BENEFITS) 41 (24) 127 48
NET INCOME 137 202 424 448
Income attributable to noncontrolling interest 19 21 58 58
EARNINGS ATTRIBUTABLE TO FIRSTENERGY TRANSMISSION, LLC 118 181 366 390
Non-affiliates        
REVENUES:        
Total revenues 474 460 1,461 1,354
OTHER INCOME (EXPENSE):        
Interest expense (86) (81) (253) (227)
Affiliates        
REVENUES:        
Total revenues 5 4 19 13
OPERATING EXPENSES:        
Other operating expenses 45 46 132 143
OTHER INCOME (EXPENSE):        
Interest income from affiliates 2 3 7 12
Interest expense $ (1) $ 0 $ (1) $ (2)
[1] Includes affiliated operating expenses of $45 million and $46 million for the three months ended September 30, 2026, and 2025, respectively, and $132 million and $143 million for the nine months ended September 30, 2026, and 2025, respectively.