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136
FIRSTENERGYSOLUTIONSCORP.
CONDENSEDCONSOLIDATINGBALANCESHEETS
AsofDecember31,2015
FES
FG
NG
Eliminations
Consolidated
(Inmillions)
ASSETS
CURRENTASSETS:
Cashandcashequivalents
$
—
$
2
$
—
$
—
$
2
Receivables
Customers
275
—
—
—
275
Affiliatedcompanies
433
403
461
(846
)
451
Other
36
4
19
—
59
Notesreceivablefromaffiliatedcompanies
406
1,210
805
(2,410
)
11
Materialsandsupplies
53
204
213
—
470
Derivatives
154
—
—
—
154
Collateral
70
—
—
—
70
Prepaymentsandother
48
18
—
—
66
1,475
1,841
1,498
(3,256
)
1,558
PROPERTY,PLANTANDEQUIPMENT:
Inservice
93
6,367
8,233
(382
)
14,311
Less—Accumulatedprovisionfordepreciation
40
2,144
3,775
(194
)
5,765
53
4,223
4,458
(188
)
8,546
Constructionworkinprogress
30
249
878
—
1,157
83
4,472
5,336
(188
)
9,703
INVESTMENTS:
Nuclearplantdecommissioningtrusts
—
—
1,327
—
1,327
Investmentinaffiliatedcompanies
7,452
—
—
(7,452
)
—
Other
—
10
—
—
10
7,452
10
1,327
(7,452
)
1,337
DEFERREDCHARGESANDOTHERASSETS:
Accumulateddeferredincometaxbenefits
300
16
—
(316
)
—
Customerintangibles
61
—
—
—
61
Goodwill
23
—
—
—
23
Propertytaxes
—
12
28
—
40
Derivatives
79
—
—
—
79
Other
33
318
21
12
384
496
346
49
(304
)
587
$
9,506
$
6,669
$
8,210
$
(11,200
)
$
13,185
LIABILITIESANDCAPITALIZATION
CURRENTLIABILITIES:
Currentlypayablelongtermdebt
$
—
$
229
$
308
$
(25
)
$
512
Shorttermborrowings
Affiliatedcompanies
2,021
389
—
(2,410
)
—
Other
—
8
—
—
8
Accountspayable
Affiliatedcompanies
884
146
368
(856
)
542
Other
21
118
—
—
139
Accruedtaxes
7
93
62
(86
)
76
Derivatives
103
1
—
—
104
Other
66
61
9
45
181
3,102
1,045
747
(3,332
)
1,562
CAPITALIZATION:
Totalequity
5,605
2,944
4,476
(7,420
)
5,605
Longtermdebtandotherlongtermobligations
694
2,122
847
(1,136
)
2,527
6,299
5,066
5,323
(8,556
)
8,132
NONCURRENTLIABILITIES:
Deferredgainonsaleandleasebacktransaction
—
—
—
791
791
Accumulateddeferredincometaxes
6
—
697
(103
)
600
Assetretirementobligations
—
191
640
—
831
Retirementbenefits
27
305
—
—
332
Derivatives
37
1
—
—
38
Other
35
61
803
—
899
105
558
2,140
688
3,491
$
9,506
$
6,669
$
8,210
$
(11,200
)
$
13,185
137
FIRSTENERGYSOLUTIONSCORP.
CONDENSEDCONSOLIDATINGBALANCESHEETS
AsofDecember31,2014FESFGNGEliminationsConsolidated
(Inmillions)
ASSETS
CURRENTASSETS:
Cashandcashequivalents $ — $ 2 $ — $ — $ 2
Receivables
Customers415 — — — 415
Affiliatedcompanies484487674(1,120) 525
Other662120 — 107
Notesreceivablefromaffiliatedcompanies339838272(1,449) —
Materialsandsupplies67202223 — 492
Derivatives147 — — — 147
Collateral229 — — — 229
Prepaymentsandother4819 — 1 68
1,7951,5691,189(2,568) 1,985
PROPERTY,PLANTANDEQUIPMENT:
Inservice1336,2177,628(382) 13,596
Less—Accumulatedprovisionfordepreciation362,0583,305(191) 5,208
974,1594,323(191) 8,388
Constructionworkinprogress 3 206801 — 1,010
1004,3655,124(191) 9,398
INVESTMENTS:
Nuclearplantdecommissioningtrusts — — 1,365 — 1,365
Investmentinaffiliatedcompanies6,607 — — (6,607) —
Other — 10 — — 10
6,607101,365(6,607) 1,375
DEFERREDCHARGESANDOTHERASSETS:
Accumulateddeferredincometaxbenefits28498 — (382) —
Customerintangibles78 — — — 78
Goodwill23 — — — 23
Propertytaxes — 1427 — 41
Unamortizedsaleandleasebackcosts — — — — —
Derivatives52 — — — 52
Other34277 7 13331
47138934(369) 525
$ 8,973 $ 6,333 $ 7,712 $ (9,735) $ 13,283
LIABILITIESANDCAPITALIZATION
CURRENTLIABILITIES:
Currentlypayablelongtermdebt $ 18 $ 164 $ 348 $ (24) $ 506
Shorttermborrowings
Affiliatedcompanies1,13532128(1,449) 35
Other90 9 — — 99
Accountspayable
Affiliatedcompanies1,068197219(1,068) 416
Other46202 — — 248
Accruedtaxes 2 62161(123) 102
Derivatives166 — — — 166
Other7256 9 47184
2,5971,011765(2,617) 1,756
CAPITALIZATION:
Totalequity5,5852,5614,014(6,575) 5,585
Longtermdebtandotherlongtermobligations6952,215859(1,161) 2,608
6,2804,7764,873(7,736) 8,193
NONCURRENTLIABILITIES:
Deferredgainonsaleandleasebacktransaction — — — 824824
Accumulateddeferredincometaxes13 — 678(207) 484
Assetretirementobligations — 189652 — 841
Retirementbenefits36288 — — 324
Derivatives14 — — — 14
Other3369744 1 847
965462,0746183,334
$ 8,973 $ 6,333 $ 7,712 $ (9,735) $ 13,283