2023 Q1 Form 10-Q Financial Statement
#000103129623000032 Filed on April 27, 2023
Income Statement
Concept | 2023 Q1 |
---|---|
Revenue | $3.231B |
YoY Change | 8.1% |
Cost Of Revenue | $1.124B |
YoY Change | 28.46% |
Gross Profit | $2.107B |
YoY Change | -0.33% |
Gross Profit Margin | 65.21% |
Selling, General & Admin | |
YoY Change | |
% of Gross Profit | |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | $361.0M |
YoY Change | 0.56% |
% of Gross Profit | 17.13% |
Operating Expenses | $1.556B |
YoY Change | 0.06% |
Operating Profit | $551.0M |
YoY Change | -1.43% |
Interest Expense | $263.0M |
YoY Change | -15.97% |
% of Operating Profit | 47.73% |
Other Income/Expense, Net | -$151.0M |
YoY Change | -19.68% |
Pretax Income | $400.0M |
YoY Change | 7.82% |
Income Tax | $90.00M |
% Of Pretax Income | 22.5% |
Net Earnings | $292.0M |
YoY Change | 1.39% |
Net Earnings / Revenue | 9.04% |
Basic Earnings Per Share | $0.51 |
Diluted Earnings Per Share | $0.51 |
COMMON SHARES | |
Basic Shares Outstanding | 572.2M shares |
Diluted Shares Outstanding | 573.0M shares |
Balance Sheet
Concept | 2023 Q1 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $177.0M |
YoY Change | -37.46% |
Cash & Equivalents | $177.0M |
Short-Term Investments | |
Other Short-Term Assets | $328.0M |
YoY Change | 11.19% |
Inventory | $457.0M |
Prepaid Expenses | |
Receivables | $1.259B |
Other Receivables | $257.0M |
Total Short-Term Assets | $2.507B |
YoY Change | 11.42% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $36.63B |
YoY Change | 4.67% |
Goodwill | $5.618B |
YoY Change | 0.0% |
Intangibles | |
YoY Change | |
Long-Term Investments | $632.0M |
YoY Change | -2.17% |
Other Assets | $1.050B |
YoY Change | 1.25% |
Total Long-Term Assets | $43.97B |
YoY Change | 3.79% |
TOTAL ASSETS | |
Total Short-Term Assets | $2.507B |
Total Long-Term Assets | $43.97B |
Total Assets | $46.48B |
YoY Change | 4.17% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $1.238B |
YoY Change | 13.58% |
Accrued Expenses | $485.0M |
YoY Change | -14.16% |
Deferred Revenue | $222.0M |
YoY Change | |
Short-Term Debt | $550.0M |
YoY Change | 57.14% |
Long-Term Debt Due | $52.00M |
YoY Change | -95.07% |
Total Short-Term Liabilities | $3.700B |
YoY Change | -15.14% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $22.12B |
YoY Change | 1.7% |
Other Long-Term Liabilities | $1.599B |
YoY Change | 2.57% |
Total Long-Term Liabilities | $32.05B |
YoY Change | 228.76% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $3.700B |
Total Long-Term Liabilities | $32.05B |
Total Liabilities | $35.75B |
YoY Change | 153.39% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$907.0M |
YoY Change | -31.13% |
Common Stock | $11.12B |
YoY Change | 10.84% |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $10.25B |
YoY Change | |
Total Liabilities & Shareholders Equity | $46.48B |
YoY Change | 4.17% |
Cashflow Statement
Concept | 2023 Q1 |
---|---|
OPERATING ACTIVITIES | |
Net Income | $292.0M |
YoY Change | 1.39% |
Depreciation, Depletion And Amortization | $361.0M |
YoY Change | 0.56% |
Cash From Operating Activities | -$112.0M |
YoY Change | -131.55% |
INVESTING ACTIVITIES | |
Capital Expenditures | $649.0M |
YoY Change | -224.81% |
Acquisitions | |
YoY Change | |
Other Investing Activities | $4.000M |
YoY Change | -80.0% |
Cash From Investing Activities | -$716.0M |
YoY Change | 20.95% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | $321.0M |
YoY Change | -69.31% |
Cash From Financing Activities | $828.0M |
YoY Change | -185.89% |
NET CHANGE | |
Cash From Operating Activities | -$112.0M |
Cash From Investing Activities | -$716.0M |
Cash From Financing Activities | $828.0M |
Net Change In Cash | $0.00 |
YoY Change | -100.0% |
FREE CASH FLOW | |
Cash From Operating Activities | -$112.0M |
Capital Expenditures | $649.0M |
Free Cash Flow | -$761.0M |
YoY Change | -186.97% |
Facts In Submission
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LongTermDebtAndCapitalLeaseObligations
|
21203000000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
4263000000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
4202000000 | usd |
CY2023Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
2339000000 | usd |
CY2022Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
2335000000 | usd |
CY2023Q1 | us-gaap |
Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
|
1723000000 | usd |
CY2022Q4 | us-gaap |
Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
|
1847000000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1599000000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1920000000 | usd |
CY2023Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
32048000000 | usd |
CY2022Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
31507000000 | usd |
CY2023Q1 | us-gaap |
Liabilities
Liabilities
|
35748000000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
35465000000 | usd |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.10 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.10 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
700000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
700000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
572836882 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
572130932 | shares |
CY2023Q1 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
57000000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
57000000 | usd |
CY2023Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
11118000000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
11322000000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-15000000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-14000000 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-907000000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1199000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10253000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10166000000 | usd |
CY2023Q1 | us-gaap |
Minority Interest
MinorityInterest
|
478000000 | usd |
CY2022Q4 | us-gaap |
Minority Interest
MinorityInterest
|
477000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
10731000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
10643000000 | usd |
CY2023Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
46479000000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
46108000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
10643000000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
310000000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1000000 | usd |
CY2023Q1 | fe |
Stock Issued During Period Value Stock Investment And Employee Benefit Plan
StockIssuedDuringPeriodValueStockInvestmentAndEmployeeBenefitPlan
|
19000000 | usd |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.39 | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
223000000 | usd |
CY2023Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
17000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
10731000000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8675000000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
288000000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1000000 | usd |
CY2022Q1 | fe |
Stock Issued During Period Value Stock Investment And Employee Benefit Plan
StockIssuedDuringPeriodValueStockInvestmentAndEmployeeBenefitPlan
|
20000000 | usd |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.39 | |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
223000000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
4000000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8755000000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
310000000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
288000000 | usd |
CY2023Q1 | fe |
Depreciation Depletion Amortization And Impairments
DepreciationDepletionAmortizationAndImpairments
|
287000000 | usd |
CY2022Q1 | fe |
Depreciation Depletion Amortization And Impairments
DepreciationDepletionAmortizationAndImpairments
|
360000000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
32000000 | usd |
CY2022Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
77000000 | usd |
CY2023Q1 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
-25000000 | usd |
CY2022Q1 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
-96000000 | usd |
CY2023Q1 | fe |
Transmission Revenue Collection Net
TransmissionRevenueCollectionNet
|
10000000 | usd |
CY2022Q1 | fe |
Transmission Revenue Collection Net
TransmissionRevenueCollectionNet
|
-6000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-55000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
93000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
36000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
13000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
118000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
105000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-265000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
147000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-103000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-133000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
9000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
6000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-121000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-106000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
8000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
10000000 | usd |
CY2023Q1 | fe |
Increase Decrease In Collateral
IncreaseDecreaseInCollateral
|
-144000000 | usd |
CY2022Q1 | fe |
Increase Decrease In Collateral
IncreaseDecreaseInCollateral
|
6000000 | usd |
CY2023Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
9000000 | usd |
CY2022Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
1000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-112000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
355000000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
649000000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
539000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
6000000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
4000000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
9000000 | usd |
CY2023Q1 | us-gaap |
Payments For Removal Costs
PaymentsForRemovalCosts
|
60000000 | usd |
CY2022Q1 | us-gaap |
Payments For Removal Costs
PaymentsForRemovalCosts
|
49000000 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
4000000 | usd |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-716000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-592000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
950000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd |
CY2023Q1 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
450000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
350000000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
321000000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1046000000 | usd |
CY2023Q1 | fe |
Proceeds On Debt Issuances And Redemptions Net
ProceedsOnDebtIssuancesAndRedemptionsNet
|
0 | usd |
CY2022Q1 | fe |
Proceeds On Debt Issuances And Redemptions Net
ProceedsOnDebtIssuancesAndRedemptionsNet
|
38000000 | usd |
CY2023Q1 | us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
17000000 | usd |
CY2022Q1 | us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
0 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
223000000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
222000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-11000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-8000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
828000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-964000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
0 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1201000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
206000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1511000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
206000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
310000000 | usd |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
155000000 | usd |
CY2022Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
114000000 | usd |
CY2023Q1 | fe |
Length Of Transmission Lines
LengthOfTransmissionLines
|
24000 | mi |
CY2023Q1 | fe |
Number Of Regional Transmission Centers
NumberOfRegionalTransmissionCenters
|
2 | transmissioncenter |
CY2023Q1 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
|
8000000 | usd |
CY2022Q1 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
|
13000000 | usd |
CY2023Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
13000000 | usd |
CY2022Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
6000000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
3231000000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
2989000000 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1383000000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1455000000 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
124000000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
137000000 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1259000000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1318000000 | usd |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
-25000000 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
-14000000 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
159000000 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
59000000 | usd |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
|
62000000 | usd |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
143000000 | usd |
CY2022Q4 | fe |
Investments Not Required To Be Disclosed
InvestmentsNotRequiredToBeDisclosed
|
351000000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
137000000 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
10000000 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
|
23000000 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
46000000 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
124000000 | usd |
CY2022Q4 | fe |
Allowance For Loan And Loss Deferred Recovery Of Bad Debts
AllowanceForLoanAndLossDeferredRecoveryOfBadDebts
|
11000000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
292000000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
288000000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
572000000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
570000000 | shares |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1000000 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1000000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
573000000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
571000000 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.51 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.51 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.51 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.50 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
|
1000000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
|
1000000 | usd |
CY2023Q1 | fe |
Income Tax Reconciliation Change In Deferred Tax Assets Remeasurement Of State Deferred Taxes
IncomeTaxReconciliationChangeInDeferredTaxAssetsRemeasurementOfStateDeferredTaxes
|
0 | usd |
CY2022Q1 | fe |
Income Tax Reconciliation Change In Deferred Tax Assets Remeasurement Of State Deferred Taxes
IncomeTaxReconciliationChangeInDeferredTaxAssetsRemeasurementOfStateDeferredTaxes
|
-26000000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
400000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
371000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
84000000 | usd |
CY2022Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
78000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
14000000 | usd |
CY2022Q1 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
26000000 | usd |
CY2023Q1 | fe |
Effective Income Tax Rate Reconciliation Allowance For Funds Used During Construction Equity And Other Flow Through
EffectiveIncomeTaxRateReconciliationAllowanceForFundsUsedDuringConstructionEquityAndOtherFlowThrough
|
5000000 | usd |
CY2022Q1 | fe |
Effective Income Tax Rate Reconciliation Allowance For Funds Used During Construction Equity And Other Flow Through
EffectiveIncomeTaxRateReconciliationAllowanceForFundsUsedDuringConstructionEquityAndOtherFlowThrough
|
8000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-16000000 | usd |
CY2022Q1 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-15000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
9000000 | usd |
CY2022Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
34000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
4000000 | usd |
CY2022Q1 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
-6000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
90000000 | usd |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
83000000 | usd |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.225 | |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.224 | |
CY2023Q1 | fe |
Unrecognized Tax Benefits Portion Expected To Be Resolved In Next Fiscal Year
UnrecognizedTaxBenefitsPortionExpectedToBeResolvedInNextFiscalYear
|
25000000 | usd |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
24000000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
|
9000000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
29000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
46000000 | usd |
CY2023Q1 | fe |
Investments Not Required To Be Disclosed
InvestmentsNotRequiredToBeDisclosed
|
356000000 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
5000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
5000000 | usd |
CY2023Q1 | fe |
Debt And Equity Securities Realized Gain Loss Sales Proceeds
DebtAndEquitySecuritiesRealizedGainLossSalesProceeds
|
1000000 | usd |
CY2022Q1 | fe |
Debt And Equity Securities Realized Gain Loss Sales Proceeds
DebtAndEquitySecuritiesRealizedGainLossSalesProceeds
|
6000000 | usd |
CY2023Q1 | fe |
Debtand Equity Securities Realized Gains
DebtandEquitySecuritiesRealizedGains
|
0 | usd |
CY2022Q1 | fe |
Debtand Equity Securities Realized Gains
DebtandEquitySecuritiesRealizedGains
|
0 | usd |
CY2023Q1 | fe |
Debtand Equity Securities Realized Losses
DebtandEquitySecuritiesRealizedLosses
|
1000000 | usd |
CY2022Q1 | fe |
Debtand Equity Securities Realized Losses
DebtandEquitySecuritiesRealizedLosses
|
1000000 | usd |
CY2023Q1 | fe |
Investment Income From Trusts
InvestmentIncomeFromTrusts
|
3000000 | usd |
CY2022Q1 | fe |
Investment Income From Trusts
InvestmentIncomeFromTrusts
|
3000000 | usd |
CY2023Q1 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
1000000000 | usd |
CY2023Q1 | fe |
Company Posted Collateral Related To Net Liability Positions
CompanyPostedCollateralRelatedToNetLiabilityPositions
|
54000000 | usd |
CY2023Q1 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
373000000 | usd |
CY2023Q1 | fe |
Guarantor Obligations Maximum Contractual Obligations Percent Of Face Amount Of Debt
GuarantorObligationsMaximumContractualObligationsPercentOfFaceAmountOfDebt
|
1 | |
CY2023Q1 | fe |
Guarantor Obligations Curing Period
GuarantorObligationsCuringPeriod
|
P30D | |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
3231000000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
2989000000 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
361000000 | usd |
CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
340000000 | usd |
CY2023Q1 | fe |
Amortization Deferral Of Regulatory Asset
AmortizationDeferralOfRegulatoryAsset
|
-80000000 | usd |
CY2022Q1 | fe |
Amortization Deferral Of Regulatory Asset
AmortizationDeferralOfRegulatoryAsset
|
-37000000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
56000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
12000000 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
263000000 | usd |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
275000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
90000000 | usd |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
83000000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
292000000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
288000000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
649000000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
539000000 | usd |
CY2023Q1 | us-gaap |
Assets
Assets
|
46479000000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
46108000000 | usd |
CY2023Q1 | us-gaap |
Goodwill
Goodwill
|
5618000000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
5618000000 | usd |