Operating

FirstEnergy·Cash Flow Statement·24 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Net income	$98M	$466M	$296M	$414M	$318M	$532M	$7M	$466M
Change in income taxes payable/receivable	—	-$139M	—	-$157M	$119M	-$97M	$240M	-$187M
Ohio settlement customer restitution and refunds (Note 8.)	$0	$0	$0	$0	—	—	—	-$163M
Change in other assets	—	—	—	$108M	$21M	—	—	$152M
Increase (Decrease) in Prepaid Expense and Other Assets	—	—	—	$108M	$21M	—	—	$152M
Net cash from operating activities	$1.1B	$775M	$1B	$637M	$1.1B	$845M	$1.1B	$148M
Deferred income taxes	$53M	$59M	$92M	$97M	$59M	$66M	$0	$139M
Depreciation and amortization	$487M	$434M	$249M	$408M	$348M	$514M	$337M	$117M
Change in accrued liabilities	—	-$15M	—	-$7M	$20M	-$13M	—	-$91M
Accrued compensation and employee benefits	—	-$15M	—	-$7M	$20M	-$13M	—	-$91M
Increase Decrease In Interest Payable Net	-$21M	-$13M	-$2M	$11M	$23M	$0	$75M	-$74M
Change in receivables	$131M	$0	$52M	$55M	—	—	$154M	-$53M
Increase (Decrease) in Accounts and Other Receivables	$131M	$0	$52M	$55M	—	—	$154M	-$53M
Transmission Revenue Collection, Net	—	-$12M	-$73M	-$40M	-$63M	-$38M	-$56M	-$38M
Change in accounts payable	$120M	—	$37M	$25M	$253M	—	$131M	$19M
Accounts payable	$120M	—	$37M	$25M	$253M	—	$131M	$19M
Change in other liabilities	$67M	-$117M	-$73M	-$16M	-$34M	$14M	$40M	-$14M
Cash collateral, net	$116M	$6M	$0	$37M	—	—	$1M	$14M
Current liabilities	$67M	-$117M	-$73M	-$16M	-$34M	$14M	$40M	-$14M
Employee benefit plan funding and related payments	$11M	$13M	$15M	$12M	$12M	$14M	$11M	$11M
Change in inventories	—	—	$13M	$18M	$28M	—	—	$5M
Pension and postretirement benefit expense	—	—	$7M	-$3M	$3M	$12M	-$12M	-$5M
Other working capital changes	$40M	$24M	—	-$19M	-$11M	-$61M	—	$4M
Impairment of assets and other charges	$35.5M	$35.5M	$35.5M	$88M	$88M	$88M	$88M	—

Metrics

Operating

Breakdown

Metrics

Change in accounts payable

Change in accrued liabilities

Change in income taxes payable/receivable

Change in inventories

Change in other assets

Change in other liabilities

Other working capital changes

Change in receivables

Deferred income taxes

Net cash from operating activities

Net income

Depreciation and amortization

Increase (Decrease) in Accounts and Other Receivables

Accounts payable

Cash collateral, net

Accrued compensation and employee benefits

Increase Decrease In Interest Payable Net

Ohio settlement customer restitution and refunds (Note 8.)

Current liabilities

Increase (Decrease) in Prepaid Expense and Other Assets

Impairment of assets and other charges

Employee benefit plan funding and related payments

Transmission Revenue Collection, Net

Pension and postretirement benefit expense