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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
Customers275
—
—
—
275
Affiliatedcompanies 433
403
461
(846)
451
Other 36
4
19
—
59
Notesreceivablefromaffiliatedcompanies406
1,210
805
(2,410) 11
Materialsandsupplies53
204
213
—
470
Derivatives 154
—
—
—
154
Collateral 70
—
—
—
70
Prepaymentsandother48
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depreciation40
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companies884
146
368
(856) 542
Other 21
118
—
—
139
Accruedtaxes 7
93
62
(86)
76
Derivatives103
1
—
—
104
Other66
61
9
45
181
3,102
1,045
747
(3,332)
1,562
CAPITALIZATION:
Totalequity5,605
2,944
4,476
(7,420) 5,605
Longtermdebtandotherlongtermobligations694
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
Derivatives37
1
—
—
38
Other35
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,2014
FES
FG
NG
Eliminations
Consolidated
(Inmillions)
ASSETS
CURRENTASSETS:
Cashandcashequivalents
$
—
$
2
$
—
$
—
$
2
Receivables
Customers
415
—
—
—
415
Affiliatedcompanies
484
487
674
(1,120
)
525
Other
66
21
20
—
107
Notesreceivablefromaffiliatedcompanies
339
838
272
(1,449
)
—
Materialsandsupplies
67
202
223
—
492
Derivatives
147
—
—
—
147
Collateral
229
—
—
—
229
Prepaymentsandother
48
19
—
1
68
1,795
1,569
1,189
(2,568
)
1,985
PROPERTY,PLANTANDEQUIPMENT:
Inservice
133
6,217
7,628
(382
)
13,596
Less—Accumulatedprovisionfordepreciation
36
2,058
3,305
(191
)
5,208
97
4,159
4,323
(191
)
8,388
Constructionworkinprogress
3
206
801
—
1,010
100
4,365
5,124
(191
)
9,398
INVESTMENTS:
Nuclearplantdecommissioningtrusts
—
—
1,365
—
1,365
Investmentinaffiliatedcompanies
6,607
—
—
(6,607
)
—
Other
—
10
—
—
10
6,607
10
1,365
(6,607
)
1,375
DEFERREDCHARGESANDOTHERASSETS:
Accumulateddeferredincometaxbenefits
284
98
—
(382
)
—
Customerintangibles
78
—
—
—
78
Goodwill
23
—
—
—
23
Propertytaxes
—
14
27
—
41
Unamortizedsaleandleasebackcosts
—
—
—
—
—
Derivatives
52
—
—
—
52
Other
34
277
7
13
331
471
389
34
(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companies
1,135
321
28
(1,449
)
35
Other
90
9
—
—
99
Accountspayable
Affiliatedcompanies
1,068
197
219
(1,068
)
416
Other
46
202
—
—
248
Accruedtaxes
2
62
161
(123
)
102
Derivatives
166
—
—
—
166
Other
72
56
9
47
184
2,597
1,011
765
(2,617
)
1,756
CAPITALIZATION:
Totalequity
5,585
2,561
4,014
(6,575
)
5,585
Longtermdebtandotherlongtermobligations
695
2,215
859
(1,161
)
2,608
6,280
4,776
4,873
(7,736
)
8,193
NONCURRENTLIABILITIES:
Deferredgainonsaleandleasebacktransaction
—
—
—
824
824
Accumulateddeferredincometaxes
13
—
678
(207
)
484
Assetretirementobligations
—
189
652
—
841
Retirementbenefits
36
288
—
—
324
Derivatives
14
—
—
—
14
Other
33
69
744
1
847
96
546
2,074
618
3,334
$
8,973
$
6,333
$
7,712
$
(9,735
)
$
13,283