2021 Financial Results Regulated Distribution Regulated Transmission Corporate/Other and Reconciling Adjustments FirstEnergy Consolidated (In millions) Revenues: Electric $ 9,498 $ 1,608 $ (140) $ 10,966 Other 213 10 (57) 166 Total Revenues 9,711 1,618 (197) 11,132 Operating Expenses: Fuel 481 — — 481 Purchased power 2,947 — 17 2,964 Other operating expenses 2,967 358 (129) 3,196 Provision for depreciation 911 325 66 1,302 Amortization of regulatory assets, net 260 9 — 269 General taxes 789 248 36 1,073 DPA Penalty — — 230 230 Gain on sale of Yards Creek (109) — — (109) Total Operating Expenses 8,246 940 220 9,406 Operating Income (Loss) 1,465 678 (417) 1,726 Other Income (Expense): Debt redemption costs (1) (1) — (2) Equity method investment earnings — — 31 31 Miscellaneous income, net 399 41 46 486 Pension and OPEB mark-to-market adjustment 270 31 81 382 Interest expense (522) (247) (370) (1,139) Capitalized financing costs 41 33 1 75 Total Other Expense 187 (143) (211) (167) Income (Loss) from Continuing Operations Before Income Taxes (Benefits) 1,652 535 (628) 1,559 Income taxes (benefits) 364 127 (171) 320 Income (Loss) From Continuing Operations 1,288 408 (457) 1,239 Discontinued Operations, net of tax — — 44 44 Net Income (Loss) $ 1,288 $ 408 $ (413) $ 1,283 36
RkJQdWJsaXNoZXIy NTIzOTM0