← FIRSTENERGY CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $439.0m $1.2b $1.1b $1.3b
Net Income (Loss) Attributable to Parent ($6.2b) ($1.7b) $1.3b $912.0m $1.1b $1.3b $406.0m $1.1b $978.0m $1.0b
Net Income (Loss) Available to Common Stockholders, Basic ($6.2b) ($1.7b) $981.0m $908.0m $1.1b $1.3b $439.0m $1.2b $1.1b $1.3b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($6.2b) — — — — — $439.0m $1.2b $1.1b $1.3b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — $439.0m $1.1b $978.0m $1.0b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($6.2b) — $1.0b $904.0m $1.0b $1.2b $406.0m $1.2b $1.1b $1.3b
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — — — $0 — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — $326.0m $8.0m $76.0m $44.0m $0 ($21.0m) $0 $0
Net Income (Loss) Attributable to Noncontrolling Interest — — $367.0m — — — $33.0m $74.0m $149.0m $251.0m
Depreciation, Depletion and Amortization $2.0b $1.7b $1.4b $1.2b $1.2b $1.6b $1.3b $1.5b $1.6b $1.7b
Amortization of Intangible Assets $114.0m $15.0m $8.0m $8.0m $7.0m — — — — —
Depreciation $1.3b $1.1b $1.1b $1.2b $1.3b $1.3b $1.4b $1.5b $1.6b $1.7b
Depreciation Amortization Depletion — — — — — — $1.3b $1.3b $1.4b $1.6b
Deferred Income Tax Expense (Benefit) ($3.1b) $847.0m $495.0m $210.0m $133.0m $301.0m $993.0m $255.0m $320.0m $223.0m
Deferred Income Tax — — — — — — $989.0m $252.0m $316.0m $219.0m
Deferred Tax — — — — — — $989.0m $252.0m $316.0m $219.0m
Share-based Payment Arrangement, Expense — — — — $0 — — — — —
Equity Method Investment, Other than Temporary Impairment $0 $0 — — — — — — — —
Goodwill, Impairment Loss $800.0m — — — — — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $92.0m — — — — — — — — —
Share-based Payment Arrangement, Expensed and Capitalized, Amount $105.0m $98.0m $143.0m $116.0m $51.0m $90.0m $101.0m $83.0m $86.0m $85.0m
Asset Impairment Charge — — — — — — — $15.0m $142.0m $352.0m
Gain (Loss) on Disposition of Property Plant Equipment — — — — — $109.0m $0 $0 — —
Gain (Loss) on Extinguishment of Debt — — — — — — ($171.0m) ($36.0m) ($85.0m) ($24.0m)
Income (Loss) from Equity Method Investments — — — — — — $168.0m $175.0m $58.0m $0
Income Tax Expense (Benefit) ($3.1b) $895.0m $490.0m $213.0m $126.0m $320.0m $1.0b $267.0m $377.0m $288.0m
Interest Expense Nonoperating — — — — — — — — $1.1b $1.2b
Other Nonoperating Income (Expense) — — — — — — $415.0m $164.0m $189.0m $156.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories ($41.0m) $6.0m ($24.0m) $37.0m $32.0m ($57.0m) $161.0m $91.0m $37.0m $28.0m
Asset Retirement Obligation, Accretion Expense $95.0m $101.0m $40.0m $46.0m $47.0m $13.0m $14.0m $16.0m $24.0m $26.0m
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $0 $0 $435.0m $59.0m $76.0m $47.0m $0 ($21.0m) $0 $0
Gain (Loss) Related to Litigation Settlement — — — — — ($230.0m) $0 $0 — ($275.0m)
Goodwill $5.6b $5.6b $5.6b $5.6b $5.6b $5.6b $5.6b $5.6b $5.6b $5.6b
Nonoperating Income (Expense) ($970.0m) ($1.0b) ($990.0m) ($1.4b) ($1.0b) ($167.0m) ($471.0m) ($802.0m) ($871.0m) ($647.0m)
Operating Costs and Expenses — — $3.1b $2.9b $2.7b $3.0b — — — —
Proceeds from Contributions from Affiliates — — — — — — $9.0m $0 $0 —
Proceeds from Stock Options Exercised — $0 $12.0m $23.0m — — — — — —
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity $37.0m $35.0m $46.0m $45.0m $49.0m $48.0m $56.0m $44.0m $60.0m $108.0m
Unrealized Gain (Loss) on Commodity Contracts ($9.0m) ($81.0m) $5.0m $0 — ($182.0m) — — — —
Beginning Cash Position — — — — — — $1.5b $206.0m $179.0m $154.0m
Cash Flow From Continuing Financing Activities — — — — — — ($912.0m) $2.2b $1.4b $1.3b
Cash Flow From Continuing Investing Activities — — — — — — ($3.1b) ($3.7b) ($4.3b) ($5.1b)
Change In Account Payable — — — — — — $560.0m ($141.0m) $124.0m $210.0m
Change In Accrued Expense — — — — — — ($29.0m) $38.0m ($23.0m) $104.0m
Change In Income Tax Payable — — — — — — $22.0m $32.0m ($126.0m) $105.0m
Change In Interest Payable — — — — — — ($29.0m) $38.0m ($23.0m) $104.0m
Change In Inventory — — — — — — ($161.0m) ($91.0m) ($37.0m) ($28.0m)
Change In Other Current Liabilities — — — — — — $21.0m $41.0m ($141.0m) $4.0m
Change In Other Working Capital — — — — — — $111.0m ($218.0m) $90.0m $4.0m
Change In Payable — — — — — — $582.0m ($109.0m) ($2.0m) $315.0m
Change In Payables And Accrued Expense — — — — — — $553.0m ($71.0m) ($25.0m) $419.0m
Change In Prepaid Assets — — — — — — ($28.0m) ($43.0m) ($33.0m) ($24.0m)
Change In Receivables — — — — — — ($292.0m) ($13.0m) ($249.0m) ($186.0m)
Change In Tax Payable — — — — — — $22.0m $32.0m ($126.0m) $105.0m
Change In Working Capital — — — — — — $204.0m ($395.0m) ($395.0m) $189.0m
Changes In Cash — — — — — — ($1.3b) ($27.0m) ($25.0m) ($55.0m)
End Cash Position — — — — — — $206.0m $179.0m $154.0m $99.0m
Financing Cash Flow — — — — — — ($912.0m) $2.2b $1.4b $1.3b
Free Cash Flow — — — — — — ($165.0m) ($2.0b) ($1.1b) ($1.0b)
Gain Loss On Sale Of Business — — — — — ($109.0m) $0 $0 — —
Investing Cash Flow — — — — — — ($3.1b) ($3.7b) ($4.3b) ($5.1b)
Issuance Of Capital Stock — — — — — $1.0b $0 $0 — —
Net Business Purchase And Sale — — — — — $155.0m $0 $0 — —
Net PPE Purchase And Sale — — — — — — ($2.8b) ($3.4b) ($4.0b) ($4.7b)
Operating Gains Losses — — — — — — ($351.0m) $90.0m ($10.0m) ($239.0m)
Other Non Cash Items — — — — — — $85.0m ($1.0b) $265.0m $301.0m
Pension And Employee Benefit Expense — — — — — — ($351.0m) $69.0m ($10.0m) ($239.0m)
Purchase Of PPE $2.8b $2.6b $2.7b $2.7b $2.7b $2.4b ($2.8b) ($3.4b) ($4.0b) ($4.7b)
Sale Of Business — — — — — $155.0m $0 $0 — —
Net Cash Provided by (Used in) Operating Activities $3.4b $3.8b $1.4b $2.5b $1.4b $2.8b $2.7b $1.4b $2.9b $3.7b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($2.8b) ($3.4b) ($4.0b) ($4.7b)
Net Investment Purchase And Sale — — — — — — ($11.0m) ($12.0m) ($13.0m) ($12.0m)
Purchase Of Investment — — — — — — ($59.0m) ($50.0m) ($134.0m) ($114.0m)
Gain (Loss) on Sale of Investments $50.0m $63.0m $9.0m $0 — $109.0m — — — —
Sale Of Investment — — — — — — $48.0m $38.0m $121.0m $102.0m
Payments for (Proceeds from) Other Investing Activities ($27.0m) ($7.0m) ($4.0m) $0 $7.0m $32.0m $96.0m $10.0m $2.0m ($28.0m)
Net Other Investing Changes — — — — — — ($217.0m) ($284.0m) ($307.0m) ($348.0m)
Net Cash Provided by (Used in) Investing Activities ($3.3b) ($2.7b) ($3.0b) ($2.9b) ($2.9b) ($2.6b) ($3.1b) ($3.7b) ($4.3b) ($5.1b)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $2.0b $4.7b $1.5b $2.3b $3.4b $2.1b $700.0m $3.1b $2.1b $5.9b
Issuance Of Debt — — — — — — $800.0m $3.8b $2.1b $5.9b
Long Term Debt Issuance — — — — — — $700.0m $3.1b $2.1b $5.9b
Net Issuance Payments Of Debt — — — — — — ($2.2b) $3.3b ($885.0m) $2.6b
Net Long Term Debt Issuance — — — — — — ($2.3b) $2.6b ($660.0m) $2.8b
Net Short Term Debt Issuance — — — — — — $100.0m $675.0m ($225.0m) ($225.0m)
Short Term Debt Issuance — — — — — — $100.0m $675.0m $0 $0
Repayments of Long-term Debt $2.3b $2.3b $2.6b $789.0m $1.1b $532.0m $3.0b $537.0m $2.8b $3.1b
Long Term Debt Payments — — — — — — ($3.0b) ($537.0m) ($2.8b) ($3.1b)
Repayment Of Debt — — — — — — ($3.0b) ($537.0m) ($3.0b) ($3.4b)
Short Term Debt Payments — — — — — — $0 $0 ($225.0m) ($225.0m)
Proceeds from Issuance of Common Stock — — $850.0m $0 $0 $1.0b $0 $0 — —
Common Stock Issuance — — — — — $1.0b $0 $0 — —
Net Common Stock Issuance — — — — — $1.0b $0 $0 — —
Payments of Ordinary Dividends, Common Stock $611.0m $639.0m $711.0m $814.0m $845.0m $849.0m $891.0m $906.0m $970.0m $1.0b
Dividends Payable — — — — — $222.0m $223.0m $235.0m $245.0m $257.0m
Cash Dividends Paid — — — — — — ($891.0m) ($906.0m) ($970.0m) ($1.0b)
Common Stock Dividend Paid — — — — — — ($891.0m) ($906.0m) ($970.0m) ($1.0b)
Proceeds from (Payments for) Other Financing Activities ($31.0m) ($72.0m) ($27.0m) ($35.0m) ($59.0m) ($61.0m) ($1.0m) ($72.0m) ($125.0m) ($145.0m)
Net Other Financing Charges — — — — — — $2.2b ($144.0m) $3.3b ($245.0m)
Net Cash Provided by (Used in) Financing Activities ($22.0m) ($702.0m) $1.4b $656.0m $2.6b ($542.0m) ($912.0m) $2.2b $1.4b $1.3b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $260.0m $643.0m ($214.0m) $250.0m $1.1b ($290.0m) ($1.3b) ($27.0m) ($25.0m) ($55.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $47.0m $383.0m $429.0m $679.0m $1.8b $1.5b $206.0m $179.0m $154.0m $99.0m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($1.3b) ($27.0m) ($25.0m) ($55.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.1b $1.0b $1.1b $960.0m $970.0m $1.1b $1.0b $1.0b $1.1b $999.0m
Income Taxes Paid, Net ($16.0m) $53.0m $49.0m $12.0m $6.0m ($7.0m) $21.0m $58.0m $161.0m $73.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.