context
stringlengths
21
33.9k
category
stringclasses
2 values
entity
stringlengths
1
12
entity_type
stringclasses
5 values
query
stringlengths
97
3.31k
answer
stringlengths
12
169
Includes approximately $ 284 million and $ 288 million as of December 31, 2024 and 2023, respectively, that are past due by greater than 30 days.
text
284
monetaryItemType
text: <entity> 284 </entity> <entity type> monetaryItemType </entity type> <context> Includes approximately $ 284 million and $ 288 million as of December 31, 2024 and 2023, respectively, that are past due by greater than 30 days. </context>
us-gaap:AccountsReceivableGrossCurrent
Includes approximately $ 284 million and $ 288 million as of December 31, 2024 and 2023, respectively, that are past due by greater than 30 days.
text
288
monetaryItemType
text: <entity> 288 </entity> <entity type> monetaryItemType </entity type> <context> Includes approximately $ 284 million and $ 288 million as of December 31, 2024 and 2023, respectively, that are past due by greater than 30 days. </context>
us-gaap:AccountsReceivableGrossCurrent
The dilutive effect of the 2026 Convertible Notes is limited to the conversion obligation in excess of the aggregate principal amount of the 2026 Convertible Notes being converted. For the year ended December 31, 2024, there was no dilutive effect resulting from the 2026 Convertible Notes as the average market price of...
text
46.81
perShareItemType
text: <entity> 46.81 </entity> <entity type> perShareItemType </entity type> <context> The dilutive effect of the 2026 Convertible Notes is limited to the conversion obligation in excess of the aggregate principal amount of the 2026 Convertible Notes being converted. For the year ended December 31, 2024, there was no d...
us-gaap:DebtInstrumentConvertibleConversionPrice1
FirstEnergy’s pension funding policy is based on actuarial computations using the projected unit credit method. 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 8.5 % for 2025, is e...
text
8.5
percentItemType
text: <entity> 8.5 </entity> <entity type> percentItemType </entity type> <context> FirstEnergy’s pension funding policy is based on actuarial computations using the projected unit credit method. FirstEnergy does not currently expect to have a required contribution to the pension plan until 2027, which based on various...
us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
In December 2023, FirstEnergy, executed a lift-out transaction with Banner Life Insurance Company and Reinsurance Group of America that transferred approximately $ 683 million of plan assets and $ 719 million of plan obligations, associated with approximately 1,900 former competitive generation employees, who will assu...
text
683
monetaryItemType
text: <entity> 683 </entity> <entity type> monetaryItemType </entity type> <context> In December 2023, FirstEnergy, executed a lift-out transaction with Banner Life Insurance Company and Reinsurance Group of America that transferred approximately $ 683 million of plan assets and $ 719 million of plan obligations, assoc...
us-gaap:DefinedBenefitPlanAssetsTransferredToFromPlan
In December 2023, FirstEnergy, executed a lift-out transaction with Banner Life Insurance Company and Reinsurance Group of America that transferred approximately $ 683 million of plan assets and $ 719 million of plan obligations, associated with approximately 1,900 former competitive generation employees, who will assu...
text
719
monetaryItemType
text: <entity> 719 </entity> <entity type> monetaryItemType </entity type> <context> In December 2023, FirstEnergy, executed a lift-out transaction with Banner Life Insurance Company and Reinsurance Group of America that transferred approximately $ 683 million of plan assets and $ 719 million of plan obligations, assoc...
us-gaap:DefinedBenefitPlanPlanAmendments
Additionally, in January 2025, FirstEnergy executed a lift-out transaction with MetLife, that transferred approximately $ 640 million of plan assets and $ 652 million of plan obligations, associated with approximately 2,000 former competitive generation employees, who will assume future and full responsibility to fund ...
text
640
monetaryItemType
text: <entity> 640 </entity> <entity type> monetaryItemType </entity type> <context> Additionally, in January 2025, FirstEnergy executed a lift-out transaction with MetLife, that transferred approximately $ 640 million of plan assets and $ 652 million of plan obligations, associated with approximately 2,000 former comp...
us-gaap:DefinedBenefitPlanAssetsTransferredToFromPlan
Additionally, in January 2025, FirstEnergy executed a lift-out transaction with MetLife, that transferred approximately $ 640 million of plan assets and $ 652 million of plan obligations, associated with approximately 2,000 former competitive generation employees, who will assume future and full responsibility to fund ...
text
652
monetaryItemType
text: <entity> 652 </entity> <entity type> monetaryItemType </entity type> <context> Additionally, in January 2025, FirstEnergy executed a lift-out transaction with MetLife, that transferred approximately $ 640 million of plan assets and $ 652 million of plan obligations, associated with approximately 2,000 former comp...
us-gaap:DefinedBenefitPlanPlanAmendments
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, 2024, approximately 8.5 million shares were...
text
8.5
sharesItemType
text: <entity> 8.5 </entity> <entity type> sharesItemType </entity type> <context> 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 b...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
FirstEnergy adjusts the compensation costs for stock-based compensation awards that will be paid in cash based on changes in the fair value of the award as of each reporting date. FirstEnergy records the actual tax benefit realized from tax deductions when awards are exercised or settled. Actual income tax benefits rea...
text
17
monetaryItemType
text: <entity> 17 </entity> <entity type> monetaryItemType </entity type> <context> FirstEnergy adjusts the compensation costs for stock-based compensation awards that will be paid in cash based on changes in the fair value of the award as of each reporting date. FirstEnergy records the actual tax benefit realized from...
us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
FirstEnergy adjusts the compensation costs for stock-based compensation awards that will be paid in cash based on changes in the fair value of the award as of each reporting date. FirstEnergy records the actual tax benefit realized from tax deductions when awards are exercised or settled. Actual income tax benefits rea...
text
6
monetaryItemType
text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> FirstEnergy adjusts the compensation costs for stock-based compensation awards that will be paid in cash based on changes in the fair value of the award as of each reporting date. FirstEnergy records the actual tax benefit realized from ...
us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
FirstEnergy adjusts the compensation costs for stock-based compensation awards that will be paid in cash based on changes in the fair value of the award as of each reporting date. FirstEnergy records the actual tax benefit realized from tax deductions when awards are exercised or settled. Actual income tax benefits rea...
text
8
monetaryItemType
text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> FirstEnergy adjusts the compensation costs for stock-based compensation awards that will be paid in cash based on changes in the fair value of the award as of each reporting date. FirstEnergy records the actual tax benefit realized from ...
us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
Income tax benefits associated with stock-based compensation plan expense were $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively.
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> Income tax benefits associated with stock-based compensation plan expense were $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context>
us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
Income tax benefits associated with stock-based compensation plan expense were $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively.
text
6
monetaryItemType
text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> Income tax benefits associated with stock-based compensation plan expense were $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context>
us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
Income tax benefits associated with stock-based compensation plan expense were $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively.
text
8
monetaryItemType
text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> Income tax benefits associated with stock-based compensation plan expense were $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context>
us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
Restricted stock units payable in cash provide the participant the right to receive cash based on the number of stock units set forth in the agreement and value of the equivalent number of shares of FE common stock as of the vesting date. The cash portion of the restricted stock unit award is considered a liability awa...
text
14
monetaryItemType
text: <entity> 14 </entity> <entity type> monetaryItemType </entity type> <context> Restricted stock units payable in cash provide the participant the right to receive cash based on the number of stock units set forth in the agreement and value of the equivalent number of shares of FE common stock as of the vesting dat...
us-gaap:DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
Restricted stock units payable in cash provide the participant the right to receive cash based on the number of stock units set forth in the agreement and value of the equivalent number of shares of FE common stock as of the vesting date. The cash portion of the restricted stock unit award is considered a liability awa...
text
17
monetaryItemType
text: <entity> 17 </entity> <entity type> monetaryItemType </entity type> <context> Restricted stock units payable in cash provide the participant the right to receive cash based on the number of stock units set forth in the agreement and value of the equivalent number of shares of FE common stock as of the vesting dat...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid
The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested was $ 55 million, $ 24 million, and $ 26 million, respectively. As of December 31, 20...
text
36.79
perShareItemType
text: <entity> 36.79 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units veste...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested was $ 55 million, $ 24 million, and $ 26 million, respectively. As of December 31, 20...
text
38.36
perShareItemType
text: <entity> 38.36 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units veste...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested was $ 55 million, $ 24 million, and $ 26 million, respectively. As of December 31, 20...
text
41.49
perShareItemType
text: <entity> 41.49 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units veste...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested was $ 55 million, $ 24 million, and $ 26 million, respectively. As of December 31, 20...
text
55
monetaryItemType
text: <entity> 55 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested w...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested was $ 55 million, $ 24 million, and $ 26 million, respectively. As of December 31, 20...
text
24
monetaryItemType
text: <entity> 24 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested w...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested was $ 55 million, $ 24 million, and $ 26 million, respectively. As of December 31, 20...
text
26
monetaryItemType
text: <entity> 26 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested w...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested was $ 55 million, $ 24 million, and $ 26 million, respectively. As of December 31, 20...
text
30
monetaryItemType
text: <entity> 30 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average fair value per share of awards granted in 2024, 2023 and 2022 was $ 36.79 , $ 38.36 and $ 41.49 per share, respectively. During the years ended 2024, 2023, and 2022, the fair value of restricted stock units vested w...
us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
The weighted average vesting period for restricted stock granted in 2024 was 2.6 years. As of December 31, 2024, there was $ 5 million of total unrecognized compensation cost related to non-vested restricted stock, which is expected to be recognized over a period of approximately 3 years.
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average vesting period for restricted stock granted in 2024 was 2.6 years. As of December 31, 2024, there was $ 5 million of total unrecognized compensation cost related to non-vested restricted stock, which is expected to b...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
Under the EDCP, certain employees can defer a portion of their compensation, including base salary, annual incentive awards and/or long-term incentive awards, into unfunded accounts. Annual incentive and long-term incentive awards may be deferred in FE stock accounts, where they are tracked as units. Base salary and an...
text
166
monetaryItemType
text: <entity> 166 </entity> <entity type> monetaryItemType </entity type> <context> Under the EDCP, certain employees can defer a portion of their compensation, including base salary, annual incentive awards and/or long-term incentive awards, into unfunded accounts. Annual incentive and long-term incentive awards may ...
us-gaap:DeferredCompensationLiabilityClassifiedNoncurrent
Under the EDCP, certain employees can defer a portion of their compensation, including base salary, annual incentive awards and/or long-term incentive awards, into unfunded accounts. Annual incentive and long-term incentive awards may be deferred in FE stock accounts, where they are tracked as units. Base salary and an...
text
175
monetaryItemType
text: <entity> 175 </entity> <entity type> monetaryItemType </entity type> <context> Under the EDCP, certain employees can defer a portion of their compensation, including base salary, annual incentive awards and/or long-term incentive awards, into unfunded accounts. Annual incentive and long-term incentive awards may ...
us-gaap:DeferredCompensationLiabilityClassifiedNoncurrent
Excludes $ 21 million of federal tax expense associated with discontinued operations for the year ended December 31, 2023.
text
21
monetaryItemType
text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> Excludes $ 21 million of federal tax expense associated with discontinued operations for the year ended December 31, 2023. </context>
us-gaap:DeferredFederalIncomeTaxExpenseBenefit
FirstEnergy has recorded as deferred income tax assets the effect of federal NOLs and tax credits that will more likely than not be realized through future operations and through the reversal of existing temporary differences. As of December 31, 2024, FirstEnergy's loss carryforwards primarily consisted of $ 1.6 billio...
text
1.6
monetaryItemType
text: <entity> 1.6 </entity> <entity type> monetaryItemType </entity type> <context> FirstEnergy has recorded as deferred income tax assets the effect of federal NOLs and tax credits that will more likely than not be realized through future operations and through the reversal of existing temporary differences. As of De...
us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
The table below summarizes pre-tax NOL carryforwards and their respective anticipated expirations for state and local income tax purposes of approximately $ 12.9 billion ($ 403 million, million net of tax) for FirstEnergy, of which approximately $ 4.7 billion ($ 185 million, million net of tax) is expected to be utiliz...
text
12.9
monetaryItemType
text: <entity> 12.9 </entity> <entity type> monetaryItemType </entity type> <context> The table below summarizes pre-tax NOL carryforwards and their respective anticipated expirations for state and local income tax purposes of approximately $ 12.9 billion ($ 403 million, million net of tax) for FirstEnergy, of which ap...
us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
FirstEnergy recognizes interest expense or income and penalties related to uncertain tax positions in income taxes by applying the applicable statutory interest rate to the difference between the tax position recognized and the amount previously taken, or expected to be taken, on the tax return. FirstEnergy includes in...
text
9
monetaryItemType
text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> FirstEnergy recognizes interest expense or income and penalties related to uncertain tax positions in income taxes by applying the applicable statutory interest rate to the difference between the tax position recognized and the amount pr...
us-gaap:IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
Includes $ 35 million of short-term lease costs.
text
35
monetaryItemType
text: <entity> 35 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 35 million of short-term lease costs. </context>
us-gaap:ShortTermLeaseCost
Includes $ 27 million of short-term lease costs.
text
27
monetaryItemType
text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 27 million of short-term lease costs. </context>
us-gaap:ShortTermLeaseCost
Includes $ 19 million of short-term lease costs.
text
19
monetaryItemType
text: <entity> 19 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 19 million of short-term lease costs. </context>
us-gaap:ShortTermLeaseCost
Operating lease payments for certain leases are offset by sublease receipts of $ 7 million over 8 years.
text
7
monetaryItemType
text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> Operating lease payments for certain leases are offset by sublease receipts of $ 7 million over 8 years. </context>
us-gaap:SubleaseIncome
Total assets on FirstEnergy's Consolidated Balance Sheets include approximately $ 12 billion and $ 11 billion of consolidated VIE assets, as of December 31, 2024 and 2023, respectively, that can only be used to settle the liabilities of the applicable VIE. Total liabilities include approximately $ 9.1 billion and $ 7.8...
text
12
monetaryItemType
text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> Total assets on FirstEnergy's Consolidated Balance Sheets include approximately $ 12 billion and $ 11 billion of consolidated VIE assets, as of December 31, 2024 and 2023, respectively, that can only be used to settle the liabilities of...
us-gaap:Assets
Total assets on FirstEnergy's Consolidated Balance Sheets include approximately $ 12 billion and $ 11 billion of consolidated VIE assets, as of December 31, 2024 and 2023, respectively, that can only be used to settle the liabilities of the applicable VIE. Total liabilities include approximately $ 9.1 billion and $ 7.8...
text
11
monetaryItemType
text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> Total assets on FirstEnergy's Consolidated Balance Sheets include approximately $ 12 billion and $ 11 billion of consolidated VIE assets, as of December 31, 2024 and 2023, respectively, that can only be used to settle the liabilities of...
us-gaap:Assets
Total assets on FirstEnergy's Consolidated Balance Sheets include approximately $ 12 billion and $ 11 billion of consolidated VIE assets, as of December 31, 2024 and 2023, respectively, that can only be used to settle the liabilities of the applicable VIE. Total liabilities include approximately $ 9.1 billion and $ 7.8...
text
9.1
monetaryItemType
text: <entity> 9.1 </entity> <entity type> monetaryItemType </entity type> <context> Total assets on FirstEnergy's Consolidated Balance Sheets include approximately $ 12 billion and $ 11 billion of consolidated VIE assets, as of December 31, 2024 and 2023, respectively, that can only be used to settle the liabilities o...
us-gaap:Liabilities
Total assets on FirstEnergy's Consolidated Balance Sheets include approximately $ 12 billion and $ 11 billion of consolidated VIE assets, as of December 31, 2024 and 2023, respectively, that can only be used to settle the liabilities of the applicable VIE. Total liabilities include approximately $ 9.1 billion and $ 7.8...
text
7.8
monetaryItemType
text: <entity> 7.8 </entity> <entity type> monetaryItemType </entity type> <context> Total assets on FirstEnergy's Consolidated Balance Sheets include approximately $ 12 billion and $ 11 billion of consolidated VIE assets, as of December 31, 2024 and 2023, respectively, that can only be used to settle the liabilities o...
us-gaap:Liabilities
In June 2013, the SPEs formed by the Ohio Companies issued approximately $ 445 million of pass-through trust certificates supported by phase-in recovery bonds to securitize the recovery of certain all-electric customer heating discounts, fuel and purchased power regulatory assets. The phase-in recovery bonds are payabl...
text
445
monetaryItemType
text: <entity> 445 </entity> <entity type> monetaryItemType </entity type> <context> In June 2013, the SPEs formed by the Ohio Companies issued approximately $ 445 million of pass-through trust certificates supported by phase-in recovery bonds to securitize the recovery of certain all-electric customer heating discount...
us-gaap:DebtInstrumentFaceAmount
In June 2013, the SPEs formed by the Ohio Companies issued approximately $ 445 million of pass-through trust certificates supported by phase-in recovery bonds to securitize the recovery of certain all-electric customer heating discounts, fuel and purchased power regulatory assets. The phase-in recovery bonds are payabl...
text
175
monetaryItemType
text: <entity> 175 </entity> <entity type> monetaryItemType </entity type> <context> In June 2013, the SPEs formed by the Ohio Companies issued approximately $ 445 million of pass-through trust certificates supported by phase-in recovery bonds to securitize the recovery of certain all-electric customer heating discount...
us-gaap:LongTermDebt
In June 2013, the SPEs formed by the Ohio Companies issued approximately $ 445 million of pass-through trust certificates supported by phase-in recovery bonds to securitize the recovery of certain all-electric customer heating discounts, fuel and purchased power regulatory assets. The phase-in recovery bonds are payabl...
text
191
monetaryItemType
text: <entity> 191 </entity> <entity type> monetaryItemType </entity type> <context> In June 2013, the SPEs formed by the Ohio Companies issued approximately $ 445 million of pass-through trust certificates supported by phase-in recovery bonds to securitize the recovery of certain all-electric customer heating discount...
us-gaap:LongTermDebt
The consolidated financial statements of FirstEnergy include environmental control bonds issued by two bankruptcy remote, special purpose limited liability companies that are indirect subsidiaries of MP and PE. Proceeds from the bonds were used to construct environmental control facilities. Principal and interest owed ...
text
188
monetaryItemType
text: <entity> 188 </entity> <entity type> monetaryItemType </entity type> <context> The consolidated financial statements of FirstEnergy include environmental control bonds issued by two bankruptcy remote, special purpose limited liability companies that are indirect subsidiaries of MP and PE. Proceeds from the bonds ...
us-gaap:LongtermPollutionControlBondCurrentAndNoncurrent
The consolidated financial statements of FirstEnergy include environmental control bonds issued by two bankruptcy remote, special purpose limited liability companies that are indirect subsidiaries of MP and PE. Proceeds from the bonds were used to construct environmental control facilities. Principal and interest owed ...
text
218
monetaryItemType
text: <entity> 218 </entity> <entity type> monetaryItemType </entity type> <context> The consolidated financial statements of FirstEnergy include environmental control bonds issued by two bankruptcy remote, special purpose limited liability companies that are indirect subsidiaries of MP and PE. Proceeds from the bonds ...
us-gaap:LongtermPollutionControlBondCurrentAndNoncurrent
As of December 31, 2024 FE’s equity ownership in FET is 50.1 % and Brookfield’s is 49.9 %. FirstEnergy has concluded that FET is a VIE and that FE is the primary beneficiary because FE has exposure to the economics of FET and the power to direct significant activities of FET through the FESC services agreement, which r...
text
50.1
percentItemType
text: <entity> 50.1 </entity> <entity type> percentItemType </entity type> <context> As of December 31, 2024 FE’s equity ownership in FET is 50.1 % and Brookfield’s is 49.9 %. FirstEnergy has concluded that FET is a VIE and that FE is the primary beneficiary because FE has exposure to the economics of FET and the power...
us-gaap:MinorityInterestOwnershipPercentageByParent
As of December 31, 2024 FE’s equity ownership in FET is 50.1 % and Brookfield’s is 49.9 %. FirstEnergy has concluded that FET is a VIE and that FE is the primary beneficiary because FE has exposure to the economics of FET and the power to direct significant activities of FET through the FESC services agreement, which r...
text
49.9
percentItemType
text: <entity> 49.9 </entity> <entity type> percentItemType </entity type> <context> As of December 31, 2024 FE’s equity ownership in FET is 50.1 % and Brookfield’s is 49.9 %. FirstEnergy has concluded that FET is a VIE and that FE is the primary beneficiary because FE has exposure to the economics of FET and the power...
us-gaap:MinorityInterestOwnershipPercentageByNoncontrollingOwners
As of December 31, 2024, FirstEnergy maintains four long-term PPAs with NUG entities that were entered into pursuant to the Public Utility Regulatory Policies Act of 1978. FirstEnergy was not involved in the creation of, and has no equity or debt invested in, any of these entities. FirstEnergy has determined that, it d...
text
no
percentItemType
text: <entity> no </entity> <entity type> percentItemType </entity type> <context> As of December 31, 2024, FirstEnergy maintains four long-term PPAs with NUG entities that were entered into pursuant to the Public Utility Regulatory Policies Act of 1978. FirstEnergy was not involved in the creation of, and has no equit...
us-gaap:EquityMethodInvestmentOwnershipPercentage
On November 30, 2020, AE Supply submitted a closure deadline extension request to the EPA seeking to extend the cease accepting waste date for the McElroy's Run CCR impoundment facility to October 2024, which request was withdrawn by AE Supply on July 9, 2024, prior to the completion of the technical review by the EPA....
text
87
monetaryItemType
text: <entity> 87 </entity> <entity type> monetaryItemType </entity type> <context> On November 30, 2020, AE Supply submitted a closure deadline extension request to the EPA seeking to extend the cease accepting waste date for the McElroy's Run CCR impoundment facility to October 2024, which request was withdrawn by AE...
us-gaap:AssetRetirementObligationRevisionOfEstimate
As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a preliminary assessment of former CCR disposal sites and calculated an initial estimate apply...
text
139
monetaryItemType
text: <entity> 139 </entity> <entity type> monetaryItemType </entity type> <context> As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a prelimi...
us-gaap:AssetRetirementObligationPeriodIncreaseDecrease
As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a preliminary assessment of former CCR disposal sites and calculated an initial estimate apply...
text
113
monetaryItemType
text: <entity> 113 </entity> <entity type> monetaryItemType </entity type> <context> As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a prelimi...
us-gaap:AssetRetirementObligationPeriodIncreaseDecrease
As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a preliminary assessment of former CCR disposal sites and calculated an initial estimate apply...
text
16
monetaryItemType
text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a prelimin...
us-gaap:AssetRetirementObligationPeriodIncreaseDecrease
As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a preliminary assessment of former CCR disposal sites and calculated an initial estimate apply...
text
46
monetaryItemType
text: <entity> 46 </entity> <entity type> monetaryItemType </entity type> <context> As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a prelimin...
us-gaap:AssetRetirementObligationPeriodIncreaseDecrease
As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a preliminary assessment of former CCR disposal sites and calculated an initial estimate apply...
text
51
monetaryItemType
text: <entity> 51 </entity> <entity type> monetaryItemType </entity type> <context> As further discussed below, on May 8, 2024, the EPA finalized changes to the CCR rule addressing certain legacy CCR disposal sites which were not included in previous CCR rules. As a result, during 2024, FirstEnergy performed a prelimin...
us-gaap:AssetRetirementObligationPeriodIncreaseDecrease
Restricted cash of $ 43 million and $ 42 million as of December 31, 2024 and 2023, respectively, primarily relates to cash collected from MP, PE and the Ohio Companies' customers that is specifically used to service debt of their respective funding companies. See Note 12, Capitalization for additional information.
text
43
monetaryItemType
text: <entity> 43 </entity> <entity type> monetaryItemType </entity type> <context> Restricted cash of $ 43 million and $ 42 million as of December 31, 2024 and 2023, respectively, primarily relates to cash collected from MP, PE and the Ohio Companies' customers that is specifically used to service debt of their respec...
us-gaap:RestrictedCashCurrent
Restricted cash of $ 43 million and $ 42 million as of December 31, 2024 and 2023, respectively, primarily relates to cash collected from MP, PE and the Ohio Companies' customers that is specifically used to service debt of their respective funding companies. See Note 12, Capitalization for additional information.
text
42
monetaryItemType
text: <entity> 42 </entity> <entity type> monetaryItemType </entity type> <context> Restricted cash of $ 43 million and $ 42 million as of December 31, 2024 and 2023, respectively, primarily relates to cash collected from MP, PE and the Ohio Companies' customers that is specifically used to service debt of their respec...
us-gaap:RestrictedCashCurrent
Excludes short-term cash investments of $ 6 million.
text
6
monetaryItemType
text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> Excludes short-term cash investments of $ 6 million. </context>
us-gaap:CashAndCashEquivalentsFairValueDisclosure
For the years ended December 31, 2024, 2023 and 2022, pre-tax income (expense) related to corporate-owned life insurance policies were $ 16 million, $ 18 million and $( 20 ) million, respectively. Corporate-owned life insurance policies are valued using the cash surrender value and any changes in value during the perio...
text
16
monetaryItemType
text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> For the years ended December 31, 2024, 2023 and 2022, pre-tax income (expense) related to corporate-owned life insurance policies were $ 16 million, $ 18 million and $( 20 ) million, respectively. Corporate-owned life insurance policies...
us-gaap:GainLossOnInvestments
For the years ended December 31, 2024, 2023 and 2022, pre-tax income (expense) related to corporate-owned life insurance policies were $ 16 million, $ 18 million and $( 20 ) million, respectively. Corporate-owned life insurance policies are valued using the cash surrender value and any changes in value during the perio...
text
18
monetaryItemType
text: <entity> 18 </entity> <entity type> monetaryItemType </entity type> <context> For the years ended December 31, 2024, 2023 and 2022, pre-tax income (expense) related to corporate-owned life insurance policies were $ 16 million, $ 18 million and $( 20 ) million, respectively. Corporate-owned life insurance policies...
us-gaap:GainLossOnInvestments
For the years ended December 31, 2024, 2023 and 2022, pre-tax income (expense) related to corporate-owned life insurance policies were $ 16 million, $ 18 million and $( 20 ) million, respectively. Corporate-owned life insurance policies are valued using the cash surrender value and any changes in value during the perio...
text
20
monetaryItemType
text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> For the years ended December 31, 2024, 2023 and 2022, pre-tax income (expense) related to corporate-owned life insurance policies were $ 16 million, $ 18 million and $( 20 ) million, respectively. Corporate-owned life insurance policies...
us-gaap:GainLossOnInvestments
Based on the closing of the FET Equity Interest Sale on March 25, 2024, FE realized an approximate $ 7 billion tax gain in 2024. FE expects that this tax gain created sufficient earnings and profits to cause distributions made during 2024 and the next several years, to be characterized as dividends for federal income t...
text
7
monetaryItemType
text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> Based on the closing of the FET Equity Interest Sale on March 25, 2024, FE realized an approximate $ 7 billion tax gain in 2024. FE expects that this tax gain created sufficient earnings and profits to cause distributions made during 202...
us-gaap:DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
FE issued approximately 3 million shares of common stock in 2024, 2 million shares of common stock in 2023 and 2 million shares of common stock in 2022 to registered shareholders and its directors and the employees of its subsidiaries under its Stock Investment Plan and certain share-based benefit plans.
text
3
sharesItemType
text: <entity> 3 </entity> <entity type> sharesItemType </entity type> <context> FE issued approximately 3 million shares of common stock in 2024, 2 million shares of common stock in 2023 and 2 million shares of common stock in 2022 to registered shareholders and its directors and the employees of its subsidiaries unde...
us-gaap:StockIssuedDuringPeriodSharesEmployeeBenefitPlan
FE issued approximately 3 million shares of common stock in 2024, 2 million shares of common stock in 2023 and 2 million shares of common stock in 2022 to registered shareholders and its directors and the employees of its subsidiaries under its Stock Investment Plan and certain share-based benefit plans.
text
2
sharesItemType
text: <entity> 2 </entity> <entity type> sharesItemType </entity type> <context> FE issued approximately 3 million shares of common stock in 2024, 2 million shares of common stock in 2023 and 2 million shares of common stock in 2022 to registered shareholders and its directors and the employees of its subsidiaries unde...
us-gaap:StockIssuedDuringPeriodSharesEmployeeBenefitPlan
As noted above, on September 5, 2024, FET issued $ 400 million of unsecured senior notes due in 2030 and $ 400 million of unsecured senior notes due in 2035 in a private offering that included a registration rights agreement in which FET agreed to conduct an exchange offer of these senior notes for like principal amoun...
text
400
monetaryItemType
text: <entity> 400 </entity> <entity type> monetaryItemType </entity type> <context> As noted above, on September 5, 2024, FET issued $ 400 million of unsecured senior notes due in 2030 and $ 400 million of unsecured senior notes due in 2035 in a private offering that included a registration rights agreement in which F...
us-gaap:DebtInstrumentFaceAmount
As noted above, on December 5, 2024, JCP&L issued $ 700 million of unsecured senior notes due in 2035 in a private offering that included a registration rights agreement in which JCP&L agreed to conduct an exchange offer of these senior notes for like principal amounts registered under the Securities Act. JCP&L also ag...
text
700
monetaryItemType
text: <entity> 700 </entity> <entity type> monetaryItemType </entity type> <context> As noted above, on December 5, 2024, JCP&L issued $ 700 million of unsecured senior notes due in 2035 in a private offering that included a registration rights agreement in which JCP&L agreed to conduct an exchange offer of these senio...
us-gaap:DebtInstrumentFaceAmount
As discussed above, on May 4, 2023, FE issued $ 1.5 billion aggregate principal amount of 2026 Convertible Notes, with a fixed interest rate of 4.00 % per year, payable semiannually in arrears on May 1 and November 1 of each year, beginning on November 1, 2023. The 2026 Convertible Notes are unsecured and unsubordinate...
text
1.5
monetaryItemType
text: <entity> 1.5 </entity> <entity type> monetaryItemType </entity type> <context> As discussed above, on May 4, 2023, FE issued $ 1.5 billion aggregate principal amount of 2026 Convertible Notes, with a fixed interest rate of 4.00 % per year, payable semiannually in arrears on May 1 and November 1 of each year, begi...
us-gaap:DebtInstrumentFaceAmount
As discussed above, on May 4, 2023, FE issued $ 1.5 billion aggregate principal amount of 2026 Convertible Notes, with a fixed interest rate of 4.00 % per year, payable semiannually in arrears on May 1 and November 1 of each year, beginning on November 1, 2023. The 2026 Convertible Notes are unsecured and unsubordinate...
text
4.00
percentItemType
text: <entity> 4.00 </entity> <entity type> percentItemType </entity type> <context> As discussed above, on May 4, 2023, FE issued $ 1.5 billion aggregate principal amount of 2026 Convertible Notes, with a fixed interest rate of 4.00 % per year, payable semiannually in arrears on May 1 and November 1 of each year, begi...
us-gaap:DebtInstrumentInterestRateStatedPercentage
As discussed above, on May 4, 2023, FE issued $ 1.5 billion aggregate principal amount of 2026 Convertible Notes, with a fixed interest rate of 4.00 % per year, payable semiannually in arrears on May 1 and November 1 of each year, beginning on November 1, 2023. The 2026 Convertible Notes are unsecured and unsubordinate...
text
1.48
monetaryItemType
text: <entity> 1.48 </entity> <entity type> monetaryItemType </entity type> <context> As discussed above, on May 4, 2023, FE issued $ 1.5 billion aggregate principal amount of 2026 Convertible Notes, with a fixed interest rate of 4.00 % per year, payable semiannually in arrears on May 1 and November 1 of each year, beg...
us-gaap:ProceedsFromIssuanceOfDebt
During any calendar quarter, if the last reported sale price of FE’s common stock for at least 20 trading days during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130 % of the conversion price on each a...
text
20
integerItemType
text: <entity> 20 </entity> <entity type> integerItemType </entity type> <context> During any calendar quarter, if the last reported sale price of FE’s common stock for at least 20 trading days during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding c...
us-gaap:DebtInstrumentConvertibleThresholdTradingDays
During any calendar quarter, if the last reported sale price of FE’s common stock for at least 20 trading days during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130 % of the conversion price on each a...
text
30
integerItemType
text: <entity> 30 </entity> <entity type> integerItemType </entity type> <context> During any calendar quarter, if the last reported sale price of FE’s common stock for at least 20 trading days during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding c...
us-gaap:DebtInstrumentConvertibleThresholdConsecutiveTradingDays1
During any calendar quarter, if the last reported sale price of FE’s common stock for at least 20 trading days during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130 % of the conversion price on each a...
text
130
percentItemType
text: <entity> 130 </entity> <entity type> percentItemType </entity type> <context> During any calendar quarter, if the last reported sale price of FE’s common stock for at least 20 trading days during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding ...
us-gaap:DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
The conversion rate for the 2026 Convertible Notes will initially be 21.3620 shares of FE’s common stock per $1,000 principal amount of the 2026 Convertible Notes (equivalent to an initial conversion price of approximately $ 46.81 per share of FE’s common stock). The initial conversion price of the 2026 Convertible Not...
text
46.81
perShareItemType
text: <entity> 46.81 </entity> <entity type> perShareItemType </entity type> <context> The conversion rate for the 2026 Convertible Notes will initially be 21.3620 shares of FE’s common stock per $1,000 principal amount of the 2026 Convertible Notes (equivalent to an initial conversion price of approximately $ 46.81 pe...
us-gaap:DebtInstrumentConvertibleConversionPrice1
As of December 31, 2024, available liquidity under the 2021 and 2023 Credit Facilities totaled approximately $ 5.3 billion.
text
5.3
monetaryItemType
text: <entity> 5.3 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, available liquidity under the 2021 and 2023 Credit Facilities totaled approximately $ 5.3 billion. </context>
us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity
reflects corporate support and other costs not charged or attributable to the Electric Companies or Transmission Companies, including FE’s retained pension and OPEB assets and liabilities of former subsidiaries, interest expense on FE’s holding company debt and other investments or businesses that do not constitute an ...
text
6.1
monetaryItemType
text: <entity> 6.1 </entity> <entity type> monetaryItemType </entity type> <context> reflects corporate support and other costs not charged or attributable to the Electric Companies or Transmission Companies, including FE’s retained pension and OPEB assets and liabilities of former subsidiaries, interest expense on FE’...
us-gaap:LongTermDebt
Upon adoption, we recorded a decrease to the allowance for finance receivable losses of $ 16 million, a decrease to deferred tax assets of $ 4 million and a one-time corresponding cumulative increase to Retained earnings, net of tax, of $ 12 million in our consolidated balance sheets as of January 1, 2023.
text
16
monetaryItemType
text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> Upon adoption, we recorded a decrease to the allowance for finance receivable losses of $ 16 million, a decrease to deferred tax assets of $ 4 million and a one-time corresponding cumulative increase to Retained earnings, net of tax, of...
us-gaap:FinancingReceivableAllowanceForCreditLosses
Upon adoption, we recorded a decrease to the allowance for finance receivable losses of $ 16 million, a decrease to deferred tax assets of $ 4 million and a one-time corresponding cumulative increase to Retained earnings, net of tax, of $ 12 million in our consolidated balance sheets as of January 1, 2023.
text
4
monetaryItemType
text: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> Upon adoption, we recorded a decrease to the allowance for finance receivable losses of $ 16 million, a decrease to deferred tax assets of $ 4 million and a one-time corresponding cumulative increase to Retained earnings, net of tax, of ...
us-gaap:DeferredTaxAssetsLiabilitiesNet
Upon adoption, we recorded a decrease to the allowance for finance receivable losses of $ 16 million, a decrease to deferred tax assets of $ 4 million and a one-time corresponding cumulative increase to Retained earnings, net of tax, of $ 12 million in our consolidated balance sheets as of January 1, 2023.
text
12
monetaryItemType
text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> Upon adoption, we recorded a decrease to the allowance for finance receivable losses of $ 16 million, a decrease to deferred tax assets of $ 4 million and a one-time corresponding cumulative increase to Retained earnings, net of tax, of...
us-gaap:RetainedEarningsAccumulatedDeficit
We have whole loan sale flow agreements with third parties, with remaining terms of less than one year , in which we agreed to sell a total of $ 60 million gross receivables per quarter of newly originated unsecured personal loans along with any associated accrued interest. These unsecured personal loans are derecogniz...
text
52
monetaryItemType
text: <entity> 52 </entity> <entity type> monetaryItemType </entity type> <context> We have whole loan sale flow agreements with third parties, with remaining terms of less than one year , in which we agreed to sell a total of $ 60 million gross receivables per quarter of newly originated unsecured personal loans along...
us-gaap:GainLossOnSaleOfNotesReceivable
We have whole loan sale flow agreements with third parties, with remaining terms of less than one year , in which we agreed to sell a total of $ 60 million gross receivables per quarter of newly originated unsecured personal loans along with any associated accrued interest. These unsecured personal loans are derecogniz...
text
63
monetaryItemType
text: <entity> 63 </entity> <entity type> monetaryItemType </entity type> <context> We have whole loan sale flow agreements with third parties, with remaining terms of less than one year , in which we agreed to sell a total of $ 60 million gross receivables per quarter of newly originated unsecured personal loans along...
us-gaap:GainLossOnSaleOfNotesReceivable
When personal loans are 60 days contractually past due, we consider these accounts to be at an increased risk for loss and move collection of these accounts to our central collection operations. We consider our personal loans to be nonperforming at 90 days or more contractually past due, at which point we stop accruing...
text
146
monetaryItemType
text: <entity> 146 </entity> <entity type> monetaryItemType </entity type> <context> When personal loans are 60 days contractually past due, we consider these accounts to be at an increased risk for loss and move collection of these accounts to our central collection operations. We consider our personal loans to be non...
us-gaap:FinancingReceivableAccruedInterestWriteoff
When personal loans are 60 days contractually past due, we consider these accounts to be at an increased risk for loss and move collection of these accounts to our central collection operations. We consider our personal loans to be nonperforming at 90 days or more contractually past due, at which point we stop accruing...
text
126
monetaryItemType
text: <entity> 126 </entity> <entity type> monetaryItemType </entity type> <context> When personal loans are 60 days contractually past due, we consider these accounts to be at an increased risk for loss and move collection of these accounts to our central collection operations. We consider our personal loans to be non...
us-gaap:FinancingReceivableAccruedInterestWriteoff
Finance charges recognized from the contractual interest portion of payments received on nonaccrual personal loans totaled $ 18 million and $ 16 million during the years ended December 31, 2023, and 2022, respectively. All personal loans in nonaccrual status are considered in our estimate of allowance for finance rece...
text
18
monetaryItemType
text: <entity> 18 </entity> <entity type> monetaryItemType </entity type> <context> Finance charges recognized from the contractual interest portion of payments received on nonaccrual personal loans totaled $ 18 million and $ 16 million during the years ended December 31, 2023, and 2022, respectively. All personal loa...
us-gaap:FinancingReceivableNonaccrualInterestIncome
Finance charges recognized from the contractual interest portion of payments received on nonaccrual personal loans totaled $ 18 million and $ 16 million during the years ended December 31, 2023, and 2022, respectively. All personal loans in nonaccrual status are considered in our estimate of allowance for finance rece...
text
16
monetaryItemType
text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> Finance charges recognized from the contractual interest portion of payments received on nonaccrual personal loans totaled $ 18 million and $ 16 million during the years ended December 31, 2023, and 2022, respectively. All personal loa...
us-gaap:FinancingReceivableNonaccrualInterestIncome
We accrue finance charges and fees on credit cards until charge-off at 180 days contractually past due, at which point we reverse finance charges and fees previously accrued. For credit cards, net accrued finance charges and fees reversed totaled $ 11 million during the year ended December 31, 2023, and were immaterial...
text
11
monetaryItemType
text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> We accrue finance charges and fees on credit cards until charge-off at 180 days contractually past due, at which point we reverse finance charges and fees previously accrued. For credit cards, net accrued finance charges and fees revers...
us-gaap:FinancingReceivableAccruedInterestWriteoff
Our unfunded lending commitments consist of the unused credit card lines, which are unconditionally cancellable. We do not anticipate that all of our customers will access their entire available line at any given point in time. The unused credit card lines totaled $ 223 million at December 31, 2023 and $ 81 million at ...
text
223
monetaryItemType
text: <entity> 223 </entity> <entity type> monetaryItemType </entity type> <context> Our unfunded lending commitments consist of the unused credit card lines, which are unconditionally cancellable. We do not anticipate that all of our customers will access their entire available line at any given point in time. The unu...
us-gaap:UnusedCommitmentsToExtendCredit
Our unfunded lending commitments consist of the unused credit card lines, which are unconditionally cancellable. We do not anticipate that all of our customers will access their entire available line at any given point in time. The unused credit card lines totaled $ 223 million at December 31, 2023 and $ 81 million at ...
text
81
monetaryItemType
text: <entity> 81 </entity> <entity type> monetaryItemType </entity type> <context> Our unfunded lending commitments consist of the unused credit card lines, which are unconditionally cancellable. We do not anticipate that all of our customers will access their entire available line at any given point in time. The unus...
us-gaap:UnusedCommitmentsToExtendCredit
On a lot basis, we had 1,984 and 2,280 investment securities in an unrealized loss position at December 31, 2023 and December 31, 2022, respectively. We do not consider the unrealized losses to be credit-related, as these unrealized losses primarily relate to changes in interest rates and market spreads subsequent to p...
text
1984
integerItemType
text: <entity> 1984 </entity> <entity type> integerItemType </entity type> <context> On a lot basis, we had 1,984 and 2,280 investment securities in an unrealized loss position at December 31, 2023 and December 31, 2022, respectively. We do not consider the unrealized losses to be credit-related, as these unrealized lo...
us-gaap:DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
On a lot basis, we had 1,984 and 2,280 investment securities in an unrealized loss position at December 31, 2023 and December 31, 2022, respectively. We do not consider the unrealized losses to be credit-related, as these unrealized losses primarily relate to changes in interest rates and market spreads subsequent to p...
text
2280
integerItemType
text: <entity> 2280 </entity> <entity type> integerItemType </entity type> <context> On a lot basis, we had 1,984 and 2,280 investment securities in an unrealized loss position at December 31, 2023 and December 31, 2022, respectively. We do not consider the unrealized losses to be credit-related, as these unrealized lo...
us-gaap:DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
The fair value of securities on deposit with third parties totaled $ 524 million and $ 532 million at December 31, 2023 and December 31, 2022, respectively.
text
524
monetaryItemType
text: <entity> 524 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of securities on deposit with third parties totaled $ 524 million and $ 532 million at December 31, 2023 and December 31, 2022, respectively. </context>
us-gaap:CertificatesOfDepositAtCarryingValue
The fair value of securities on deposit with third parties totaled $ 524 million and $ 532 million at December 31, 2023 and December 31, 2022, respectively.
text
532
monetaryItemType
text: <entity> 532 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of securities on deposit with third parties totaled $ 524 million and $ 532 million at December 31, 2023 and December 31, 2022, respectively. </context>
us-gaap:CertificatesOfDepositAtCarryingValue
Net unrealized gains on other securities held were immaterial for the year ended December 31, 2023. Net unrealized losses on other securities held were $ 9 million and immaterial for the years ended December 31, 2022 and 2021, respectively. Net realized gains and losses on other securities sold or redeemed were immater...
text
9
monetaryItemType
text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> Net unrealized gains on other securities held were immaterial for the year ended December 31, 2023. Net unrealized losses on other securities held were $ 9 million and immaterial for the years ended December 31, 2022 and 2021, respective...
us-gaap:DebtSecuritiesTradingUnrealizedGainLoss
Amortization expense was immaterial in 2023, and $ 13 million and $ 32 million in 2022 and 2021, respectively. The estimated aggregate amortization of other intangible assets for each of the next five years is immaterial.
text
13
monetaryItemType
text: <entity> 13 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was immaterial in 2023, and $ 13 million and $ 32 million in 2022 and 2021, respectively. The estimated aggregate amortization of other intangible assets for each of the next five years is immaterial. </context>
us-gaap:AmortizationOfIntangibleAssets
Amortization expense was immaterial in 2023, and $ 13 million and $ 32 million in 2022 and 2021, respectively. The estimated aggregate amortization of other intangible assets for each of the next five years is immaterial.
text
32
monetaryItemType
text: <entity> 32 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was immaterial in 2023, and $ 13 million and $ 32 million in 2022 and 2021, respectively. The estimated aggregate amortization of other intangible assets for each of the next five years is immaterial. </context>
us-gaap:AmortizationOfIntangibleAssets
During the fourth quarter of 2023, OMFC increased the total maximum borrowing capacity of our unsecured corporate revolver to $ 1.3 billion. The corporate revolver has a five-year term beginning October 25, 2021, during which draws and repayments may occur. Any outstanding principal balance is due and payable on Octobe...
text
1.3
monetaryItemType
text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> During the fourth quarter of 2023, OMFC increased the total maximum borrowing capacity of our unsecured corporate revolver to $ 1.3 billion. The corporate revolver has a five-year term beginning October 25, 2021, during which draws and...
us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity
During the fourth quarter of 2023, OMFC increased the total maximum borrowing capacity of our unsecured corporate revolver to $ 1.3 billion. The corporate revolver has a five-year term beginning October 25, 2021, during which draws and repayments may occur. Any outstanding principal balance is due and payable on Octobe...
text
no
monetaryItemType
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> During the fourth quarter of 2023, OMFC increased the total maximum borrowing capacity of our unsecured corporate revolver to $ 1.3 billion. The corporate revolver has a five-year term beginning October 25, 2021, during which draws and ...
us-gaap:LettersOfCreditOutstandingAmount
In January of 2007, OMFC issued the Junior Subordinated Debenture, consisting of $ 350 million aggregate principal amount of 60-year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities sold by a trust sponsored by OMFC. OMFC can redeem the Junior Subordinated Debenture a...
text
350
monetaryItemType
text: <entity> 350 </entity> <entity type> monetaryItemType </entity type> <context> In January of 2007, OMFC issued the Junior Subordinated Debenture, consisting of $ 350 million aggregate principal amount of 60-year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities s...
us-gaap:DebtInstrumentFaceAmount
In January of 2007, OMFC issued the Junior Subordinated Debenture, consisting of $ 350 million aggregate principal amount of 60-year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities sold by a trust sponsored by OMFC. OMFC can redeem the Junior Subordinated Debenture a...
text
1.75
percentItemType
text: <entity> 1.75 </entity> <entity type> percentItemType </entity type> <context> In January of 2007, OMFC issued the Junior Subordinated Debenture, consisting of $ 350 million aggregate principal amount of 60-year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities s...
us-gaap:DebtInstrumentBasisSpreadOnVariableRate1
In January of 2007, OMFC issued the Junior Subordinated Debenture, consisting of $ 350 million aggregate principal amount of 60-year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities sold by a trust sponsored by OMFC. OMFC can redeem the Junior Subordinated Debenture a...
text
0.26
percentItemType
text: <entity> 0.26 </entity> <entity type> percentItemType </entity type> <context> In January of 2007, OMFC issued the Junior Subordinated Debenture, consisting of $ 350 million aggregate principal amount of 60-year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities s...
us-gaap:DebtInstrumentBasisSpreadOnVariableRate1
In January of 2007, OMFC issued the Junior Subordinated Debenture, consisting of $ 350 million aggregate principal amount of 60-year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities sold by a trust sponsored by OMFC. OMFC can redeem the Junior Subordinated Debenture a...
text
7.41
percentItemType
text: <entity> 7.41 </entity> <entity type> percentItemType </entity type> <context> In January of 2007, OMFC issued the Junior Subordinated Debenture, consisting of $ 350 million aggregate principal amount of 60-year junior subordinated debt. The Junior Subordinated Debenture underlies the trust preferred securities s...
us-gaap:DebtInstrumentInterestRateStatedPercentage
Other than the retained subordinate and residual interests in our consolidated VIEs, we are under no further obligation than is otherwise noted herein, either contractually or implicitly, to provide financial support to these entities. Consolidated interest expense related to our VIEs totaled $ 483 million in 2023, $ 3...
text
483
monetaryItemType
text: <entity> 483 </entity> <entity type> monetaryItemType </entity type> <context> Other than the retained subordinate and residual interests in our consolidated VIEs, we are under no further obligation than is otherwise noted herein, either contractually or implicitly, to provide financial support to these entities....
us-gaap:InterestExpenseBorrowings
Other than the retained subordinate and residual interests in our consolidated VIEs, we are under no further obligation than is otherwise noted herein, either contractually or implicitly, to provide financial support to these entities. Consolidated interest expense related to our VIEs totaled $ 483 million in 2023, $ 3...
text
305
monetaryItemType
text: <entity> 305 </entity> <entity type> monetaryItemType </entity type> <context> Other than the retained subordinate and residual interests in our consolidated VIEs, we are under no further obligation than is otherwise noted herein, either contractually or implicitly, to provide financial support to these entities....
us-gaap:InterestExpenseBorrowings