FIRSTENERGY CORP

For the period ended Jun 30, 2025. Filed Jul 30, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 30, 2025

FE$46.62+0.4%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(In millions, except share amounts)	June 30,2025	December 31,2024
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$569	$111
Restricted cash	45	43
Receivables-
Customers	1,647	1,585
Less — Allowance for uncollectible customer receivables	50	55
	1,597	1,530
Other, net of allowance for uncollectible accounts of $10 in 2025 and $6 in 2024	291	303
Materials and supplies, at average cost	595	549
Prepaid taxes and other	372	240
	3,469	2,776
PROPERTY, PLANT AND EQUIPMENT:
In service	54,344	52,896
Less — Accumulated provision for depreciation	15,003	14,548
	39,341	38,348
Construction work in progress	3,324	2,754
	42,665	41,102
INVESTMENTS AND OTHER NONCURRENT ASSETS:
Goodwill	5,618	5,618
Investments (Note 6)	668	652
Regulatory assets	765	617
Other	1,045	1,279
	8,096	8,166
TOTAL ASSETS	$54,230	$52,044
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Currently payable long-term debt	$1,672	$977
Short-term borrowings	400	550
Accounts payable	1,826	1,575
Accrued interest	303	269
Accrued taxes	683	727
Accrued compensation and benefits	271	205
Customer deposits	241	233
Dividends payable	—	245
Other	251	216
	5,647	4,997
NONCURRENT LIABILITIES:
Long-term debt and other long-term obligations	23,746	22,496
Accumulated deferred income taxes	5,830	5,613
Retirement benefits	1,697	1,698
Regulatory liabilities	1,013	995
Other	2,126	2,525
	34,412	33,327
TOTAL LIABILITIES	40,059	38,324
EQUITY:
Common stockholders’ equity-
Common stock, $0.10 par value, authorized 700,000,000 shares - 577,403,931 and 576,612,245 shares outstanding as of June 30, 2025 and December 31, 2024, respectively.	58	58
Other paid-in capital	12,393	12,368
Accumulated other comprehensive loss	(14)	(14)
Retained earnings	414	43
Total common stockholders’ equity	12,851	12,455
Noncontrolling interest	1,320	1,265
TOTAL EQUITY	14,171	13,720
COMMITMENTS, GUARANTEES AND CONTINGENCIES (NOTE 10)
TOTAL LIABILITIES AND EQUITY	$54,230	$52,044

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.