What does material reconciling items — goodwill mean?

Goodwill not assigned to a specific business segment.

How do you interpret material reconciling items — goodwill?

Changes reflect corporate-level impairment adjustments or historical acquisition accounting that remains unallocated.

How does material reconciling items — goodwill compare across companies?

Common in companies with complex historical M&A activity that maintain unallocated corporate goodwill.

FirstEnergy FE Material Reconciling Items — Goodwill

Discontinued — last reported Q2 '18

Similar metrics at other companies

AGCOMaterial Reconciling Items — Goodwill

$1.56B—

AAMaterial Reconciling Items — Goodwill

$148M-0.7%

CCKMaterial Reconciling Items — Goodwill

$100M+9.9%

CCKMaterial Reconciling Items — Goodwill Transfers

$0—

CCKMaterial Reconciling Items — Goodwill Acquired

$0—

BPOPMaterial Reconciling Items — Goodwill Impairment

——

Other financials

Income statement

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Revenue$4.2B+11.6%

Operating income$828.0M+9.8%

Net income$405.0M+12.5%

EPS (diluted)$0.70+12.9%

Balance sheet

See full

Cash & equivalents$52.0M-60.6%

Total debt$27.6B+20.9%

Total equity$12.7B+0.7%

Total assets$56.9B+7.9%

Cash flow

See full

Operating cash flow$148.0M-76.8%

CapEx$1.3B+24.9%

Free cash flow-$1.1B-201%

Valuation

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Market cap$26.87B+25.6%

Enterprise value$54.45B+23.5%

P/E24.1×+4.4×

P/S1.7×+0.2×

Profitability

See full

Operating margin14.8%-3.2pp

Net margin7.2%-0.6pp

FCF margin-11.2%—

Returns & leverage

See full

Return on equity8.8%+0.1pp

Debt / equity2.2×+0.4×

Current ratio0.5×+0.1×

Where this comes from

Reported directly by FirstEnergy in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: FirstEnergy’s 10-Q, filed July 31, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — goodwill mean?: Goodwill not assigned to a specific business segment.
How do you interpret material reconciling items — goodwill?: Changes reflect corporate-level impairment adjustments or historical acquisition accounting that remains unallocated.
How does material reconciling items — goodwill compare across companies?: Common in companies with complex historical M&A activity that maintain unallocated corporate goodwill.