The company also announced a $2.2 billion increase to its capital investment plan through 2025, which now totals $17 billion from 2021 to 2025, including $10 billion in sustainable energy investments. The company is also maintaining its 2022 annualized dividend rate at the 2021 level of $1.56 per share, subject to board approval. The company also provided the following financial projections:Projecting a 13% funds from operations-to-debt ratio no later than 2024; targeting mid-teens thereafter. $17 billion of capital investments from 2021 to 2025; $2.2 billion incremental to the previous plan.Advisors Forward-looking statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, which may include the following: the completion of the transactions contemplated by the agreements governing the sale of the minority interest in FET and the common stock issuance on the anticipated terms and timing or at all, including the receipt of regulatory approvals; the potential liabilities, increased costs and unanticipated developments resulting from governmental investigations and agreements, including those associated with compliance with or failure to comply with the Deferred Prosecution Agreement entered into on July 21, 2021 with the U.S. Attorney's Office for the Southern District of Ohio; the risks and uncertainties associated with government investigations regarding House Bill 6, as passed by Ohio's 133rd General Assembly, and related matters, including potential adverse impacts on federal or state regulatory matters, including, but not limited to, matters relating to rates; the potential of noncompliance with debt covenants in the company's credit facilities; the risks and uncertainties associated with litigation, arbitration, mediation and similar proceedings; legislative and regulatory developments, including, but not limited to, matters related to rates, compliance and enforcement activity, including the final approval by the Public Utilities Commission of Ohio ("PUCO") of the Unanimous Stipulation and Recommendation filed by the Company and eleven other parties with the PUCO on November 1, 2021; the ability to accomplish or realize anticipated benefits from the company's FE Forward initiative and its other strategic and financial goals, including, but not limited to, maintaining financial flexibility, overcoming current uncertainties and challenges associated with the ongoing government investigations, executing the company's transmission and distribution investment plans, greenhouse gas reduction goals, controlling costs, improving the company's credit metrics, growing earnings, and strengthening the company's balance sheet through the sale of a minority interest in FET and the common stock issuance; economic and weather conditions affecting future operating results, such as a recession, significant weather events and other natural disasters, and associated regulatory events or actions in response to such conditions; mitigating exposure for remedial activities associated with retired and formerly owned electric generation assets; the ability to access the public securities and other capital and credit markets in accordance with the company's financial plans, the cost of such capital and overall condition of the capital and credit markets affecting the company, including the increasing number of financial institutions evaluating the impact of climate change on their investment decisions; the extent and duration of the COVID-19 pandemic and the impacts to the company's business, operations and financial condition resulting from the outbreak of COVID-19, including, but not limited to, disruption of businesses in the company's territories and governmental and regulatory responses to the pandemic; the effectiveness of the company's pandemic and business continuity plans, the precautionary measures the company is taking on behalf of its customers, contractors and employees, its customers' ability to make their utility payment and the potential for supply-chain disruptions; actions that may be taken by credit rating agencies that could negatively affect either the company's access to or terms of financing or its financial condition and liquidity; changes in assumptions regarding economic conditions within the company's territories, the reliability of its transmission and distribution system, or the availability of capital or other resources supporting identified transmission and distribution investment opportunities; changes in customers' demand for power, including, but not limited to, the impact of climate change or energy efficiency and peak demand reduction mandates; changes in national and regional economic conditions, including inflationary pressure, affecting the company and/or its customers and those vendors with which the company does business; the risks associated with cyber-attacks and other disruptions to the company's, or its vendors', information technology system, which may compromise the company's operations, and data security breaches of sensitive data, intellectual property and proprietary or personally identifiable information; the ability to comply with applicable reliability standards and energy efficiency and peak demand reduction mandates; changes to environmental laws and regulations, including, but not limited to, those related to climate change; changing market conditions affecting the measurement of certain liabilities and the value of assets held in the company's pension trusts, or causing the company to make contributions sooner, or in amounts that are larger, than currently anticipated; labor disruptions by the company's unionized workforce; changes to significant accounting policies; any changes in tax laws or regulations, or adverse tax audit results or rulings; and the risks and other factors discussed from time to time in the company's Securities and Exchange Commission ("SEC") filings. FirstEnergy also introduced a long-term EPS growth rate of 6-8%. These initiatives include:Building a technologically advanced distribution platform that improves grid reliability and resiliency, while also enabling FirstEnergy and its customers to support a carbon-neutral economy through efforts such as electrification. Modernizing the company's transmission system and preparing it to integrate more renewables and distributed energy resources, enabling a clean-energy and carbon-neutral future. FirstEnergy is providing full-year 2022 earnings guidance of $2.30 to $2.50 per share, as well as a 2022 capital investment plan of $3.3 billion.