Financial Analysis

"COMMITMENTS, GUARANTEES AND CONTINGENCIES The disclosures in this note apply to both Registrants, unless indicated otherwise. FIRSTENERGY - GUARANTEES AND OTHER ASSURANCES FirstEnergy has various financial and performance guarantees and indemnifications which are issued in the normal course of business. These contracts include performance guarantees, stand-by LOCs, debt guarantees, surety bonds and indemnifications. FirstEnergy enters into these arrangements to facilitate commercial transactions with third parties by enhancing the value of the transaction to the third party. The maximum potential amount of future payments FirstEnergy and its subsidiaries could be required to make under these guarantees as of December 31, 2025, was approximately $1.1 billion, as summarized below: Guarantees and Other Assurances Maximum Exposure (In millions) FE's Guarantees on Behalf of its Consolidated Subsidiaries Deferred compensation arrangements $ 395 Vehicle leases 75 McElroy Run transfer 129 Other 15 614 FE's Guarantees on Other Assurances Surety Bonds 161 Deferred compensation arrangements 93 LOCs 185 439 Total Guarantees and Other Assurances $ 1,053 In 2025, FET, DominionHV and Transource issued an equity support agreement to enable Valley Link to enter into a credit facility with a third party. The equity support agreement expires once all Valley Link credit agreement obligations are satisfied or when FET has fulfilled its support obligations under the equity support agreement. As o …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

The following represents a disaggregation of FirstEnergy's revenue from contracts with customers for the years ended December 31, 2025, 2024 and 2023: FirstEnergy For the Years Ended December 31, (In millions) 2025 2024 2023 Distribution Retail generation and distribution services Residential $ 4,948 $ 4,514 $ 4,344 Commercial 1,699 1,522 1,528 Industrial 651 588 726 Other 73 73 72 Wholesale 16 6 20 Other revenue from contracts with customers (1) 78 80 89 Total revenues from contracts with customers 7,465 6,783 6,779 Other revenue unrelated to contracts with customers (2) 82 80 75 Total Distribution $ 7,547 $ 6,863 $ 6,854 Integrated Retail generation and distribution services Residential $ 2,877 $ 2,528 $ 2,137 Commercial 1,294 1,142 1,023 Industrial 615 577 545 Other 32 32 30 Wholesale 377 146 208 Transmission 425 380 318 Other revenue from contracts with customers (1) 6 19 24 Total revenues from contracts with customers 5,626 4,824 4,285 ARP (3) 10 Other revenue unrelated to contracts with customers (2) 57 42 35 Total Integrated $ 5,683 $ 4,876 $ 4,320 Stand-Alone Transmission ATSI $ 1,058 $ 980 $ 967 TrAIL 260 269 279 MAIT 483 436 394 KATCo 85 85 89 Other (2) 2 Total revenues from contracts with customers 1,886 1,768 1,731 Other revenue unrelated to contracts with customers 19 19 17 Total Stand-Alone Transmission $ 1,905 $ 1,787 $ 1,748 Corporate/Other, Eliminations and Reconciling Adjustments (4) Wholesale $ 18 $ 9 $ 11 Eliminations and reconciling adjustments (63) (63) …

DisaggregationOfRevenueTableTextBlock · excerpt; the full note is in the filing

STOCK-BASED COMPENSATION PLANS The disclosures in this note apply to both Registrants, unless indicated otherwise. FirstEnergy grants, including to JCP&L employees, stock-based awards through the ICP 2020, primarily in the form of restricted stock, time-based RSUs and performance-based RSUs. No shares are available for future grants or issuance under ICP 2015. The ICP 2020 and ICP 2015 include shareholder authorization to each issue 10 million shares of common stock or their equivalent. Shares not issued due to forfeitures or cancellations originally granted through the ICP 2015 may be added back to the ICP 2020. As of December 31, 2025, approximately 7.4 million shares were available for future grants under the ICP 2020 assuming maximum performance metrics are achieved for the outstanding cycles of RSUs. Shares granted under the ICP 2020 are issued from authorized but unissued common stock. Vesting periods for stock-based awards range from less than a year, primarily due to the issuance of prorated awards to newly hired executives, to four years, with the majority of awards having a vesting period of three years. FirstEnergy also issues stock through its 401(k) savings plan and DCPD. FirstEnergy records the compensation costs for stock-based compensation awards that will be paid in stock over the vesting period based on the fair value on the grant date. FirstEnergy accounts for forfeitures as they occur. FirstEnergy adjusts the compensation costs for stock-based compensa …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

"FAIR VALUE MEASUREMENTS The disclosures in this note apply to both Registrants, unless indicated otherwise. RECURRING FAIR VALUE MEASUREMENTS Authoritative accounting guidance establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy gives the highest priority to Level 1 measurements and the lowest priority to Level 3 measurements. The three levels of the fair value hierarchy and a description of the valuation techniques are as follows: Level 1 - Quoted prices for identical instruments in active market Level 2 - Quoted prices for similar instruments in active market - Quoted prices for identical or similar instruments in markets that are not active - Model-derived valuations for which all significant inputs are observable market data Models are primarily industry-standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Level 3 - Valuation inputs are unobservable and significant to the fair value measurement FirstEnergy produces a long-term power and capacity price forecast annually with periodic updates as market conditions change. When underlying prices are not observable, prices from the long-term price forecast are used to measure fair value. FTRs are financial instruments that entitle the holder to a stream of revenues (or charges) ba …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

"TAXES The disclosures in this note apply to both Registrants, unless indicated otherwise. The Registrants record income taxes in accordance with the liability method of accounting. Deferred income taxes reflect the net tax effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts recognized for tax purposes. Investment tax credits, which were deferred when utilized, are being amortized over the recovery period of the related property. Deferred income tax liabilities related to temporary tax and accounting basis differences and tax credit carryforward items are recognized at the statutory income tax rates in effect when the liabilities are expected to be paid. Deferred tax assets are recognized based on income tax rates expected to be in effect when they are settled. FE and its subsidiaries, other than FET and its subsidiaries, are parties to an intercompany income tax allocation agreement that provides for the allocation of consolidated tax liabilities. For periods subsequent to the closing of the FET Equity Interest Sale, FET and its subsidiaries are no longer members of the FirstEnergy consolidated group for federal income tax purposes and, instead, file their own consolidated federal income tax return and have their own income tax allocation agreement. During 2025, FERC issued orders to a non-affiliate concluding that, based on certain previously issued IRS private letter rulings, certain NOL ca …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

"LEASES The disclosures in this note apply to both Registrants, unless indicated otherwise. The Registrants primarily lease vehicles as well as building space, office equipment, and other property and equipment under cancellable and non-cancelable leases. The Registrants do not have any material leases in which they are the lessor. The Registrants account for leases under, ""Leases (Topic 842)"". Leases with an initial term of 12 months or less are recognized as lease expense on a straight-line basis over the lease term and not recorded on the balance sheet. Most leases include one or more options to renew, with renewal terms that can extend the lease term from 1 to 40 years, and certain leases include options to terminate. The exercise of lease renewal options is at FirstEnergys sole discretion. Renewal options are included within the lease liability if they are reasonably certain based on various factors relative to the contract. Certain leases also include options to purchase the leased property. The depreciable life of leased assets and leasehold improvements are limited by the expected lease term unless there is a transfer of title or purchase option reasonably certain of exercise. The Registrants' lease agreements do not contain any material restrictive covenants. The Registrants have elected a policy to not separate lease components from non-lease components for all asset classes. For vehicles leased under certain master lease agreements, the lessor is guaranteed a res …

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"NEW ACCOUNTING PRONOUNCEMENTS Recently Adopted Pronouncements - ASU 2023-09, "" Income taxes (Topic 280): Improvements to Income Tax Disclosures "" (Issued in December 2023): ASU 2023-09 enhances disclosures primarily related to existing rate reconciliation and income taxes paid information to help investors better assess how a companys operations and related tax risks and tax planning and operational opportunities affect the tax rate and prospects for future cash flows. Disclosure requirements include a tabular reconciliation using both percentages and amounts, separated out into specific categories with certain reconciling items at or above 5% of the statutory tax as well as by nature and/or jurisdiction. In addition, entities will be required to disclose income taxes paid (net of refunds received), broken out between federal, state/local and foreign, and amounts paid to an individual jurisdiction when 5% or more of the total income taxes are paid to such jurisdiction. ASU 2023-09 was effective for the Registrants beginning with this Annual Report on Form 10-K for the year ended December 31, 2025, see Note 6., Taxes, of the Combined Notes to Financial Statements of the Registrants for the applicable disclosures, which are provided for all periods presented. Recently Issued Pronouncements - The following new authoritative accounting guidance issued by the FASB has not yet been adopted. Unless otherwise indicated, the Registrants management is currently assessing the impact …

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"PENSION AND OTHER POSTEMPLOYMENT BENEFITS The disclosures in this note apply to both Registrants, unless indicated otherwise. FirstEnergy provides qualified benefit plans, through the FirstEnergy Master Pension Plan and the FirstEnergy Welfare Plan that cover substantially all employees and non-qualified defined benefit plans that cover certain employees, including employees of JCP&L. FirstEnergys pension and OPEB plans are neither multiemployer nor multiple-employer plans. The pension plans provide defined benefits based on years of service and compensation levels. Under the cash-balance portion of the pension plan (for employees hired on or after January 1, 2014), FirstEnergy credits amounts to eligible employee notional cash-balance accounts based on a pay credit and an interest credit. In addition, FirstEnergy provides a minimum amount of noncontributory life insurance to retired employees in addition to optional contributory insurance to a closed group of retired employees. Health care benefits, which include certain employee contributions, deductibles and co-payments, are also available upon retirement to certain employees, their dependents and, under certain circumstances, their survivors. The expected cost of providing pension and OPEB to employees and their beneficiaries and covered dependents is recognized from the time employees are hired until they become eligible to receive those benefits. FirstEnergy also has obligations to former or inactive employees afte …

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TRANSACTIONS WITH AFFILIATES The disclosures in this note apply to JCP&L only. The affiliated company transactions for JCP&L for the years ended December 31, 2025, 2024 and 2023 are as follows: For the Years Ended December 31, 2025 2024 2023 (In millions) Revenues $ 1 $ 1 $ 1 Expenses: FESC support services (1) 180 166 174 Other affiliate support services (1) 13 26 9 Interest income 1 Interest expense 6 20 14 (1) Includes amounts capitalized of $77 million, $74 million and $61 million for 2025, 2024 and 2023, respectively. FE does not bill directly or allocate any of its costs to any subsidiary company. FESC provides corporate support and other services, including executive administration, accounting and finance, risk management, human resources, corporate affairs, communications, information technology, legal services and other similar services at cost, in accordance with its cost allocation manual, to affiliated FirstEnergy companies under FESC agreements. Allocated costs are for services that are provided on behalf of more than one company, or costs that cannot be precisely identified and are allocated using formulas developed by FESC. Intercompany transactions are generally settled under commercial terms within thirty days. JCP&L can also receive charges from and charge affiliates other than FESC at cost. JCP&L recognizes an allocation of the net periodic pension and OPEB costs/credits from its affiliates, primarily FESC. Under the FirstEnergy regulated mo …

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REVENUE The disclosures in this note apply to both Registrants, unless indicated otherwise. The Registrants account for revenues from contracts with customers under ASC 606, Revenue from Contracts with Customers. Revenue from leases, financial instruments, other contractual rights or obligations and other revenues that are not from contracts with customers are outside the scope of the standard and accounted for under other existing GAAP. The Electric Companies distribute electricity through FirstEnergys utility operating companies and also control 3,610 MWs of regulated electric generation capacity located primarily in West Virginia and Virginia. Each of the Electric Companies earns revenue from state-regulated rate tariffs under which it provides distribution services to residential, commercial and industrial customers in its service territory. The Electric Companies are obligated under the regulated construct to deliver power to customers reliably, as it is needed, which creates an implied monthly contract with the end-use customer. See Note 13., Regulatory Matters, of the Combined Notes to Financial Statements of the Registrants for additional information on rate recovery mechanisms. Distribution and electric revenues are recognized over time as electricity is distributed and delivered to the customer and the customers consume the electricity immediately as delivery occurs. Retail generation sales relate to Provider of Last Resort, SOS, Standard Service Offer and default s …

RevenueFromContractWithCustomerTextBlock · excerpt; the full note is in the filing

"SEGMENT INFORMATION The disclosures in this note apply to both Registrants, unless indicated otherwise. FirstEnergy FE and its subsidiaries are principally involved in the transmission, distribution and generation of electricity through its reportable segments: Distribution, Integrated and Stand-Alone Transmission. The external reportable segments are consistent with the internal financial reports used by FirstEnergy's Chairman, President and Chief Executive Officer, its CODM, to regularly assess the performance of each segment. FirstEnergys CODM uses earnings attributable to FE from continuing operations to assess performance, including considering actual versus budget variances to make operating decisions and allocate resources to the segments. FirstEnergy's Distribution segment, which consists of the Ohio Companies and FE PA, distributes electricity through FirstEnergys electric operating companies in Ohio and Pennsylvania. The Distribution segment serves approximately 4.3 million customers in Ohio and Pennsylvania across its distribution footprint and purchases power for its default service or standard service offer requirements. The segments results reflect the costs of securing and delivering electric generation to customers, including the deferral and amortization of certain costs. FirstEnergy's Integrated segment includes the distribution and transmission operations of JCP&L, MP and PE, as well as MPs regulated generation operations. The Integrated segment distri …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

"COMMITMENTS, GUARANTEES AND CONTINGENCIES The disclosures in this note apply to both Registrants, unless indicated otherwise. FIRSTENERGY - GUARANTEES AND OTHER ASSURANCES FirstEnergy has various financial and performance guarantees and indemnifications, which are issued in the normal course of business. These contracts include performance guarantees, stand-by LOCs, debt guarantees, surety bonds and indemnifications. FirstEnergy enters into these arrangements to facilitate commercial transactions with third parties by enhancing the value of the transaction to the third party. The maximum potential amount of future payments FE and its subsidiaries could be required to make under these guarantees as of June 30, 2026, was approximately $1.1 billion, as summarized below: Guarantees and Other Assurances Maximum Exposure (In millions) FEs Guarantees on Behalf of its Consolidated Subsidiaries Deferred compensation arrangements $ 394 Vehicle leases 75 Transfer of McElroys Run CCR impoundment facility 107 Other 15 591 FEs Guarantees on Other Assurances Surety bonds 160 Deferred compensation arrangements 90 LOCs 210 460 Total Guarantees and Other Assurances $ 1,051 In 2025, FET, DominionHV and Transource entered into an equity support agreement to enable Valley Link to enter into a credit facility with a third party. The equity support agreement expires once all Valley Link credit agreement obligations are satisfied or when FET has fulfilled its support obligations under the equity su …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

The following represents a disaggregation of FirstEnergys revenue from contracts with customers for the three and six months ended June 30, 2026, and 2025: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (In millions) Distribution Retail generation and distribution services: Residential $ 1,138 $ 1,043 $ 2,535 $ 2,352 Commercial 370 409 772 824 Industrial (1) 166 180 313 351 Wholesale 5 3 9 4 Other revenue from contracts with customers 18 20 36 37 Total revenues from contracts with customers 1,697 1,655 3,665 3,568 Other revenue unrelated to contracts with customers 17 20 39 43 Total Distribution $ 1,714 $ 1,675 $ 3,704 $ 3,611 Integrated Retail generation and distribution services: Residential $ 637 $ 598 $ 1,432 $ 1,306 Commercial 317 307 657 625 Industrial (1) 159 161 322 321 Wholesale 125 78 237 125 Transmission 149 111 268 211 Other revenue from contracts with customers 2 4 2 5 Total revenues from contracts with customers 1,389 1,259 2,918 2,593 ARP (2) 13 Other revenue unrelated to contracts with customers (3) 45 2 206 17 Total Integrated $ 1,434 $ 1,261 $ 3,137 $ 2,610 Stand-Alone Transmission ATSI $ 295 $ 256 $ 577 $ 518 TrAIL 63 61 128 131 MAIT 149 113 287 244 KATCo 30 21 54 44 Total revenues from contracts with customers 537 451 1,046 937 Other revenue unrelated to contracts with customers 7 5 14 10 Total Stand-Alone Transmission $ 544 $ 456 $ 1,060 $ 947 Corporate/Other, Eliminations and Reconciling Adjustments (4) Wholesale $ 4 $ 4 $ 14 $ …

DisaggregationOfRevenueTableTextBlock · excerpt; the full note is in the filing

"FAIR VALUE MEASUREMENTS The disclosures in this note apply to both Registrants, unless indicated otherwise. RECURRING FAIR VALUE MEASUREMENTS Authoritative accounting guidance establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy gives the highest priority to Level 1 measurements and the lowest priority to Level 3 measurements. The three levels of the fair value hierarchy and a description of the valuation techniques are as follows: Level 1 - Quoted prices for identical instruments in active markets. Level 2 - Quoted prices for similar instruments in active markets. - Quoted prices for identical or similar instruments in markets that are not active. - Model-derived valuations for which all significant inputs are observable market data. Models are primarily industry-standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Level 3 - Valuation inputs are unobservable and significant to the fair value measurement. FirstEnergy produces a long-term power and capacity price forecast annually with periodic updates as market conditions change. When underlying prices are not observable, prices from the long-term price forecast are used to measure fair value. FTRs are financial instruments that entitle the holder to a stream of revenues (or char …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

INCOME TAXES The disclosures in this note apply to both Registrants, unless indicated otherwise. The Registrants interim effective income tax rates reflect the estimated annual effective income tax rates for 2026 and 2025. These tax rates are affected by estimated annual permanent items, such as AFUDC equity and other flow-through items, as well as certain discrete items. The following table reconciles the FirstEnergy effective income tax rate to the federal income tax statutory rate for the three and six months ended June 30, 2026, and 2025: FirstEnergy For the Three Months Ended June 30, For the Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Amount % Amount % Amount % Amount % Income before income taxes $ 444 $ 406 $ 1,048 $ 946 Federal statutory income tax $ 93 21.0 % $ 85 21.0 % $ 220 21.0 % $ 199 21.0 % Federal: Tax credits (6) (1.4) % (1) (0.2) % (6) (0.6) % (2) (0.2) % Nontaxable and Nondeductible: AFUDC equity income (6) (1.4) % (5) (1.2) % (14) (1.3) % (10) (1.0) % AFUDC equity depreciation 1 0.2 % 1 0.2 % 2 0.2 % 2 0.2 % Tax related to FE's equity investment in FET 4 0.9 % 4 1.0 % 9 0.8 % 8 0.8 % Other: Excess deferred tax amortization (13) (2.8) % (13) (3.2) % (25) (2.4) % (25) (2.6) % Federal and state related flow-through (6) (1.4) % (5) (1.2) % (13) (1.2) % (11) (1.2) % Other 11 2.5 % (3) (0.8) % 10 0.9 % (3) (0.3) % Changes in unrecognized tax benefits (11) (2.5) % % (11) (1.0) % % State and municipal income taxes, net of federal effect (1) 25 5.6 …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

"New Accounting Pronouncements Recently Issued Pronouncements - The following new authoritative accounting guidance issued by the FASB has not yet been adopted by the Registrants. Unless otherwise indicated, the Registrants management is currently assessing the impact such guidance may have on the Registrants financial statements and disclosures, as well as the potential to early adopt (where applicable). Management has assessed other FASB issuances of new standards not described below based upon the current expectation that such new standards will not significantly impact the Registrants financial statements. ASU 2024-03, "" Income StatementReporting Comprehensive IncomeExpense Disaggregation Disclosures (Subtopic 220-40) "" (Issued in November 2024 and subsequently updated within ASU 2025-01): ASU 2024-03 requires disaggregated disclosure of income statement expenses for public business entities. The ASU does not change the expense captions an entity presents on the face of the income statement; rather, it requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. ASU 2024-03 is effective for the Registrants beginning with the combined Annual Report on Form 10-K for the year ended December 31, 2027, with early adoption permitted. The guidance is permitted to be applied prospectively, and comparative disclosures are not required for reporting periods beginning before the effective date. Entit …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

PENSION AND OTHER POST-EMPLOYMENT BENEFITS The disclosures in this note apply to both Registrants, unless indicated otherwise. FirstEnergy provides qualified benefit plans, through the FirstEnergy Master Pension Plan and the FirstEnergy Welfare Plan, which cover substantially all employees, as well as non-qualified defined benefit plans that cover certain employees, including employees of JCP&L. FirstEnergys pension and OPEB plans are neither multiemployer nor multiple-employer plans. The Registrants recognize a pension and OPEB mark-to-market adjustment for the change in fair value of plan assets and net actuarial gains and losses annually in the fourth quarter of each fiscal year and whenever a plan is determined to qualify for remeasurement. FirstEnergy does not currently expect to have a required contribution to the pension plan until 2027, which, based on various assumptions, including an expected rate of return on assets of 8.0% for 2026, is expected to be approximately $250 million. However, FirstEnergy may elect to contribute to the pension plan voluntarily. JCP&L is not expected to make a contribution to the pension plan. FirstEnergys cash flows from operating activities for the six months ended June 30, 2026, and 2025, include approximately $22 million and $24 million, respectively, of employee benefit plan funding and related payments. These payments are primarily related to short-term benefit payment liabilities owed to retirees under plan obligations in t …

PensionAndOtherPostretirementBenefitsDisclosureTextBlock · excerpt; the full note is in the filing

TRANSACTIONS WITH AFFILIATES The disclosures in this note apply to JCP&L only. The affiliated company transactions for JCP&L for the three and six months ended June 30, 2026, and 2025, respectively, are as follows: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (In millions) Revenues $ 1 $ 1 $ 1 $ 1 Expenses: FESC support services (1) 40 42 85 92 Other affiliate support services (1) 4 1 13 5 Interest expense 3 2 5 3 (1) Includes amounts capitalized of $19 million and $17 million for the three months ended June 30, 2026, and 2025, respectively, and $41 million and $38 million for the six months ended June 30, 2026, and 2025, respectively. FE does not bill directly or allocate any of its costs to any subsidiary company. FESC provides corporate support and other services, including executive administration, accounting and finance, risk management, human resources, corporate affairs, communications, information technology, legal services and other similar services at cost, in accordance with its cost allocation manual, to affiliated FirstEnergy companies under FESC agreements. Allocated costs are for services that are provided on behalf of more than one company, or costs that cannot be precisely identified and are allocated using formulas developed by FESC. Intercompany transactions are generally settled under commercial terms within thirty days. JCP&L can also receive charges from and charge affiliates other than FESC at cost. JCP&L rec …

RelatedPartyTransactionsDisclosureTextBlock · excerpt; the full note is in the filing

REVENUE The disclosures in this note apply to both Registrants, unless indicated otherwise. The following represents a disaggregation of FirstEnergys revenue from contracts with customers for the three and six months ended June 30, 2026, and 2025: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (In millions) Distribution Retail generation and distribution services: Residential $ 1,138 $ 1,043 $ 2,535 $ 2,352 Commercial 370 409 772 824 Industrial (1) 166 180 313 351 Wholesale 5 3 9 4 Other revenue from contracts with customers 18 20 36 37 Total revenues from contracts with customers 1,697 1,655 3,665 3,568 Other revenue unrelated to contracts with customers 17 20 39 43 Total Distribution $ 1,714 $ 1,675 $ 3,704 $ 3,611 Integrated Retail generation and distribution services: Residential $ 637 $ 598 $ 1,432 $ 1,306 Commercial 317 307 657 625 Industrial (1) 159 161 322 321 Wholesale 125 78 237 125 Transmission 149 111 268 211 Other revenue from contracts with customers 2 4 2 5 Total revenues from contracts with customers 1,389 1,259 2,918 2,593 ARP (2) 13 Other revenue unrelated to contracts with customers (3) 45 2 206 17 Total Integrated $ 1,434 $ 1,261 $ 3,137 $ 2,610 Stand-Alone Transmission ATSI $ 295 $ 256 $ 577 $ 518 TrAIL 63 61 128 131 MAIT 149 113 287 244 KATCo 30 21 54 44 Total revenues from contracts with customers 537 451 1,046 937 Other revenue unrelated to contracts with customers 7 5 14 10 Total Stand-Alone Transmission $ 544 $ 456 $ 1,060 …

RevenueFromContractWithCustomerTextBlock · excerpt; the full note is in the filing

SEGMENT INFORMATION The disclosures in this note apply to both Registrants, unless indicated otherwise. FirstEnergy FE and its subsidiaries are principally involved in the transmission, distribution and generation of electricity through its reportable segments: Distribution, Integrated and Stand-Alone Transmission. The external reportable segments are consistent with the internal financial reports used by FirstEnergy's Chairman, President and Chief Executive Officer, its CODM, to regularly assess the performance of each segment. FirstEnergy's CODM uses earnings attributable to FE from continuing operations to assess performance, including considering actual versus budget variances to make operating decisions and allocate resources to the segments. FirstEnergys Distribution segment, which consists of the Ohio Companies and FE PA, distributes electricity through FirstEnergys electric operating companies in Ohio and Pennsylvania. The Distribution segment serves approximately 4.3 million customers in Ohio and Pennsylvania across its distribution footprint and purchases power for its default service or standard service offer requirements. The segments results reflect the costs of securing and delivering electric generation to customers, including the deferral and amortization of certain costs. FirstEnergys Integrated segment includes the distribution and transmission operations of JCP&L, MP and PE, as well as MPs regulated generation operations. The Integrated segment distribu …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing