2016 Q4 Form 10-K Financial Statement

#000103129618000015 Filed on February 20, 2018

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $3.375B $3.917B $3.401B
YoY Change -4.69% -5.0% -1.85%
Cost Of Revenue $318.0M $979.0M $889.0M
YoY Change -68.42% -19.02% -10.11%
Gross Profit -$805.0M $2.938B $2.512B
YoY Change -131.77% 0.82% 1.45%
Gross Profit Margin -23.85% 75.01% 73.86%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $339.0M $311.0M $334.0M
YoY Change 8.31% -5.18% 3.73%
% of Gross Profit 10.59% 13.3%
Operating Expenses -$2.095B $2.093B $2.110B
YoY Change -203.56% 1.45% 10.18%
Operating Profit -$8.924B $861.0M -$975.0M
YoY Change -3881.36% -5.18% -275.99%
Interest Expense -$209.0M $286.0M $289.0M
YoY Change -17.39% 0.35% 2.48%
% of Operating Profit 33.22%
Other Income/Expense, Net $44.00M -$230.0M -$244.0M
YoY Change -650.0% -19.86% -3.17%
Pretax Income -$9.185B $631.0M -$1.219B
YoY Change 2219.44% 1.61% -503.64%
Income Tax -$3.389B $251.0M -$130.0M
% Of Pretax Income 39.78%
Net Earnings -$5.796B $380.0M -$1.089B
YoY Change 2464.6% -3.8% -682.35%
Net Earnings / Revenue -171.73% 9.7% -32.02%
Basic Earnings Per Share -$13.44 $0.89 -$2.56
Diluted Earnings Per Share -$13.44 $0.89 -$2.56
COMMON SHARES
Basic Shares Outstanding 425.0M shares 425.0M shares
Diluted Shares Outstanding 427.0M shares 425.0M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $199.0M $551.0M $199.0M
YoY Change 51.91% 540.7% 111.7%
Cash & Equivalents $199.0M $551.0M $199.0M
Short-Term Investments
Other Short-Term Assets $158.0M $156.0M $163.0M
YoY Change -5.39% -8.77% -1.81%
Inventory $564.0M $699.0M $759.0M
Prepaid Expenses
Receivables $1.440B $1.470B $1.341B
Other Receivables $175.0M $159.0M $153.0M
Total Short-Term Assets $2.950B $3.480B $3.076B
YoY Change -2.96% -9.21% -25.21%
LONG-TERM ASSETS
Property, Plant & Equipment $29.39B $37.83B $37.46B
YoY Change -21.03% 3.34% 2.87%
Goodwill $5.618B $5.618B $5.618B
YoY Change -12.46% -12.46% -12.46%
Intangibles
YoY Change
Long-Term Investments $512.0M $533.0M $527.0M
YoY Change 1.19% -39.09% -40.52%
Other Assets $1.153B $907.0M $1.076B
YoY Change -10.34% -25.53% -17.29%
Total Long-Term Assets $7.785B $7.613B $7.881B
YoY Change -14.0% -16.03% -14.73%
TOTAL ASSETS
Total Short-Term Assets $2.950B $3.480B $3.076B
Total Long-Term Assets $7.785B $7.613B $7.881B
Total Assets $43.15B $51.96B $51.40B
YoY Change -17.17% 0.06% -1.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.043B $944.0M $938.0M
YoY Change -2.98% -5.03% -9.28%
Accrued Expenses $363.0M $365.0M $341.0M
YoY Change 8.68% 5.8% 5.57%
Deferred Revenue
YoY Change
Short-Term Debt $2.675B $2.975B $2.925B
YoY Change 56.62% 53.91% 0.58%
Long-Term Debt Due $1.685B $1.216B $1.327B
YoY Change 44.51% 5.92% 2.71%
Total Short-Term Liabilities $7.126B $7.043B $6.759B
YoY Change 27.2% 19.86% -0.44%
LONG-TERM LIABILITIES
Long-Term Debt $18.19B $18.53B $18.35B
YoY Change -4.75% -2.94% -1.2%
Other Long-Term Liabilities $1.547B $1.269B $1.419B
YoY Change -0.51% 6.55% 3.35%
Total Long-Term Liabilities $11.59B $14.88B $14.89B
YoY Change -22.59% -1.21% -1.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.126B $7.043B $6.759B
Total Long-Term Liabilities $11.59B $14.88B $14.89B
Total Liabilities $18.72B $21.93B $21.65B
YoY Change -9.03% 4.7% -1.18%
SHAREHOLDERS EQUITY
Retained Earnings -$4.532B $1.264B $1.190B
YoY Change -300.89% -49.07% -50.23%
Common Stock $10.56B $10.01B $9.984B
YoY Change 6.06% 0.87% 0.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.241B $11.50B $11.41B
YoY Change
Total Liabilities & Shareholders Equity $43.15B $51.96B $51.40B
YoY Change -17.17% -1.33% -3.03%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income -$5.796B $380.0M -$1.089B
YoY Change 2464.6% -3.8% -682.35%
Depreciation, Depletion And Amortization $339.0M $311.0M $334.0M
YoY Change 8.31% -5.18% 3.73%
Cash From Operating Activities $791.0M $1.120B $822.0M
YoY Change -30.8% -15.6% 3.14%
INVESTING ACTIVITIES
Capital Expenditures -$716.0M -$671.0M -$833.0M
YoY Change -6.77% 23.57% -2.57%
Acquisitions
YoY Change
Other Investing Activities -$110.0M -$38.00M -$69.00M
YoY Change 64.18% -25.49% -23.33%
Cash From Investing Activities -$826.0M -$709.0M -$902.0M
YoY Change -1.08% 19.36% -4.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -338.0M -59.00M 133.0M
YoY Change 28.52% -92.04% -12.5%
NET CHANGE
Cash From Operating Activities 791.0M 1.120B 822.0M
Cash From Investing Activities -826.0M -709.0M -902.0M
Cash From Financing Activities -338.0M -59.00M 133.0M
Net Change In Cash -373.0M 352.0M 53.00M
YoY Change -928.89% -4500.0% 1225.0%
FREE CASH FLOW
Cash From Operating Activities $791.0M $1.120B $822.0M
Capital Expenditures -$716.0M -$671.0M -$833.0M
Free Cash Flow $1.507B $1.791B $1.655B
YoY Change -21.14% -4.22% 0.18%

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CY2016 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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AssetRetirementObligation
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CY2016Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
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CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
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AssetRetirementObligationAccretionExpense
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CY2017 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
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CY2016Q4 us-gaap Commitments And Contingencies
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CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2016Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2017 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
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CY2016 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
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CY2017 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
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CY2017 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
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CY2016Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
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AssetRetirementObligationsNoncurrent
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Assets
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Assets
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CY2017Q4 us-gaap Assets
Assets
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CY2017Q4 us-gaap Assets Current
AssetsCurrent
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CY2017Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
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CY2016 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
170000000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
330000000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
1534000000 USD
CY2016 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
1678000000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
2170000000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
191000000 USD
CY2016 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
121000000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
253000000 USD
CY2016Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
104000000 USD
CY2017Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
91000000 USD
CY2017Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
24000000 USD
CY2017Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
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CapitalLeasedAssetsGross
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CY2017Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
238000000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
117000000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
28000000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
13000000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
15000000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
18000000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
23000000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
20000000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
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CY2017Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
91000000 USD
CY2016Q4 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
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CY2017Q4 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
25040000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
85000000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
199000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2017Q4 us-gaap Construction In Progress Gross
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CY2015 us-gaap Cost Of Purchased Power
CostOfPurchasedPower
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CY2016 us-gaap Cost Of Purchased Power
CostOfPurchasedPower
3843000000 USD
CY2017 us-gaap Cost Of Purchased Power
CostOfPurchasedPower
3194000000 USD
CY2016Q4 us-gaap Deferred Finance Costs Gross
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CY2016Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2016Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2016Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2017Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2017Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2017Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
CY2017 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.1
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.1
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
490000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
700000000 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
442344218 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2016Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
44000000 USD
CY2017Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
44000000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2016Q4 us-gaap Construction In Progress Gross
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CY2015 us-gaap Costs And Expenses
CostsAndExpenses
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CY2016 us-gaap Costs And Expenses
CostsAndExpenses
22824000000 USD
CY2017 us-gaap Costs And Expenses
CostsAndExpenses
13845000000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1000000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
14000000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
31000000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
8000000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
56000000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
30000000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9000000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
42000000 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
25000000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
42000000 USD
CY2016Q4 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
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CY2017Q4 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
2678000000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
277000000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
242000000 USD
CY2016Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
0 USD
CY2016Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
0 USD
CY2016Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
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CY2016Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
147000000 USD
CY2017Q4 us-gaap Deferred Finance Costs Gross
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CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2015 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
284000000 USD
CY2016 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
15000000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
269000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
177000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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3765000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
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18000000 USD
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1000000 USD
CY2017 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
21000000 USD
CY2017 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
1000000 USD
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DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
147000000 USD
CY2017Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
0 USD
CY2017Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
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CY2017Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
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CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
141000000 USD
CY2017 us-gaap Defined Benefit Plan Fair Value Of Plan Assets Period Increase Decrease
DefinedBenefitPlanFairValueOfPlanAssetsPeriodIncreaseDecrease
141000000 USD
CY2017Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1
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CY2016Q4 us-gaap Depreciation
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CY2016 us-gaap Depreciation
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CY2017Q1 us-gaap Depreciation
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275000000 USD
CY2017Q2 us-gaap Depreciation
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CY2017Q3 us-gaap Depreciation
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CY2017Q4 us-gaap Depreciation
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CY2017 us-gaap Depreciation
Depreciation
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DepreciationDepletionAndAmortization
1826000000 USD
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DepreciationDepletionAndAmortization
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CY2017 us-gaap Depreciation Depletion And Amortization
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1700000000 USD
CY2016Q4 us-gaap Derivative Asset Not Subject To Master Netting Arrangement Deduction
DerivativeAssetNotSubjectToMasterNettingArrangementDeduction
123000000 USD
CY2017Q4 us-gaap Derivative Asset Not Subject To Master Netting Arrangement Deduction
DerivativeAssetNotSubjectToMasterNettingArrangementDeduction
20000000 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
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CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
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CY2016Q4 us-gaap Derivative Assets Current
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140000000 USD
CY2017Q4 us-gaap Derivative Assets Current
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37000000 USD
CY2016Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
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CY2017Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2016Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
1000000 USD
CY2017Q4 us-gaap Derivative Collateral Right To Reclaim Cash
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CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
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218000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
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37000000 USD
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DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
95000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
17000000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
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238000000 USD
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107000000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
114000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
84000000 USD
CY2016Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
238000000 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
107000000 USD
CY2016Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement Deduction
DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction
123000000 USD
CY2017Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement Deduction
DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction
20000000 USD
CY2016Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
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CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
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375000000 USD
CY2015 us-gaap Earnings Per Share Basic
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1.37
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
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EarningsPerShareBasic
-2.56
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-13.44
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-14.49
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
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-5.62
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.88
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.37
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
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EarningsPerShareDiluted
-2.56
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
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EarningsPerShareDiluted
-13.44
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-14.49
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.62
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.88
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.353
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0.331
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EffectiveIncomeTaxRateContinuingOperations
-1.080
CY2015 us-gaap Electric Worldwide Unregulated Revenue
ElectricWorldwideUnregulatedRevenue
4398000000 USD
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ElectricWorldwideUnregulatedRevenue
3789000000 USD
CY2017 us-gaap Electric Worldwide Unregulated Revenue
ElectricWorldwideUnregulatedRevenue
2958000000 USD
CY2015 us-gaap Electrical Distribution Revenue
ElectricalDistributionRevenue
9625000000 USD
CY2016 us-gaap Electrical Distribution Revenue
ElectricalDistributionRevenue
9629000000 USD
CY2017 us-gaap Electrical Distribution Revenue
ElectricalDistributionRevenue
9734000000 USD
CY2015 us-gaap Electrical Transmission Revenue
ElectricalTransmissionRevenue
1003000000 USD
CY2016 us-gaap Electrical Transmission Revenue
ElectricalTransmissionRevenue
1144000000 USD
CY2017 us-gaap Electrical Transmission Revenue
ElectricalTransmissionRevenue
1325000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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32000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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38000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
37000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
12000000 USD
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EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
10000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
13000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
15000000 USD
CY2015 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
362000000 USD
CY2016 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2017 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2015 us-gaap Excise Taxes Collected
ExciseTaxesCollected
416000000 USD
CY2016 us-gaap Excise Taxes Collected
ExciseTaxesCollected
406000000 USD
CY2017 us-gaap Excise Taxes Collected
ExciseTaxesCollected
390000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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277000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
67000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
11000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
382000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
105000000 USD
CY2015 us-gaap Fuel Costs
FuelCosts
1855000000 USD
CY2016 us-gaap Fuel Costs
FuelCosts
1666000000 USD
CY2017 us-gaap Fuel Costs
FuelCosts
1383000000 USD
CY2015 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
23000000 USD
CY2016 us-gaap Gain Loss On Sale Of Investments
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102000000 USD
CY2016 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">FE and its subsidiaries follow GAAP and comply with the related regulations, orders, policies and practices prescribed by the SEC, FERC, and, as applicable, the NRC, the PUCO, the PPUC, the MDPSC, the NYPSC, the WVPSC, the VSCC and the NJBPU. The preparation of financial statements in conformity with GAAP requires management to make periodic estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities. Actual results could differ from these estimates. The reported results of operations are not necessarily indicative of results of operations for any future period. FE and its subsidiaries have evaluated events and transactions for potential recognition or disclosure through the date the financial statements were issued.</font></div></div>

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