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Revenue (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables disaggregate our revenue by major source:
| Year Ended December 31, 2023
Retail |  | Texas |  | East |  | West |  | Sunset |  | Asset Closure |  | Eliminations |  | Consolidated
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail energy charge in ERCOT | $ | 7,674 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 7,674 |
Retail energy charge in Northeast/Midwest | 1,642 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,642 |
Wholesale generation revenue from ISO/RTO | — |  |  | 1,060 |  |  | 1,036 |  |  | 421 |  |  | 392 |  |  | — |  |  | — |  |  | 2,909 |
Capacity revenue from ISO/RTO (a) | — |  |  | — |  |  | 57 |  |  | — |  |  | 41 |  |  | — |  |  | — |  |  | 98 |
Revenue from other wholesale contracts | — |  |  | 505 |  |  | 654 |  |  | 179 |  |  | 143 |  |  | — |  |  | — |  |  | 1,481 |
Total revenue from contracts with customers | 9,316 |  |  | 1,565 |  |  | 1,747 |  |  | 600 |  |  | 576 |  |  | — |  |  | — |  |  | 13,804 |
Other revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible amortization | (1) |  |  | — |  |  | (2) |  |  | — |  |  | (3) |  |  | — |  |  | — |  |  | (6) |
Transferable PTC revenues | — |  |  | 10 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10 |
Hedging and other revenues (b) | 1,257 |  |  | (1,611) |  |  | 277 |  |  | 310 |  |  | 736 |  |  | — |  |  | 2 |  |  | 971 |
Affiliate sales (c) | — |  |  | 3,859 |  |  | 2,193 |  |  | 4 |  |  | 522 |  |  | — |  |  | (6,578) |  |  | — |
Total other revenues | 1,256 |  |  | 2,258 |  |  | 2,468 |  |  | 314 |  |  | 1,255 |  |  | — |  |  | (6,576) |  |  | 975 |
Total revenues | $ | 10,572 |  |  | $ | 3,823 |  |  | $ | 4,215 |  |  | $ | 914 |  |  | $ | 1,831 |  |  | $ | — |  |  | $ | (6,576) |  |  | $ | 14,779 |
____________ (a)Represents net capacity sold (purchased) in each ISO/RTO. The East segment includes $157 million of capacity sold offset by $100 million of capacity purchased. The Sunset segment includes $76 million of capacity sold offset by $35 million of capacity purchased. (b)Includes $714 million of unrealized net gains from mark-to-market valuations of commodity positions.
For the year ended |  | Retail |  | Texas |  | East |  | West |  | Sunset |  | Asset Closure |  | Corporate and Other |  | Eliminations (1) |  | Consolidated
December 31, 2023 |  | $ | 191 |  |  | $ | (758) |  |  | $ | 1,165 |  |  | $ | 237 |  |  | $ | 603 |  |  | $ | 36 |  |  | $ | — |  |  | $ | (760) |  |  | $ | 714 |
____________ (1) Amounts attributable to generation segments offset in fuel, purchased power costs and delivery fees in the Retail segment, with no impact to consolidated results. (c)East and Sunset segments include $641 million and $187 million, respectively, of affiliated unrealized net gains, and Texas segment includes $62 million of affiliated unrealized net losses from mark-to-market valuations of commodity positions with the Retail segment.
| Year Ended December 31, 2022
Retail |  | Texas |  | East |  | West |  | Sunset |  | Asset Closure |  | Eliminations |  | Consolidated
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail energy charge in ERCOT | $ | 6,971 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,971 |
Retail energy charge in Northeast/Midwest | 2,139 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,139 |
Wholesale generation revenue from ISO/RTO | — |  |  | 1,105 |  |  | 1,209 |  |  | 467 |  |  | 950 |  |  | 562 |  |  | — |  |  | 4,293 |
Capacity revenue from ISO/RTO (a) | — |  |  | — |  |  | 20 |  |  | — |  |  | 56 |  |  | 27 |  |  | — |  |  | 103 |
Revenue from other wholesale contracts | — |  |  | 696 |  |  | 1,106 |  |  | 151 |  |  | 150 |  |  | 22 |  |  | — |  |  | 2,125 |
Total revenue from contracts with customers | 9,110 |  |  | 1,801 |  |  | 2,335 |  |  | 618 |  |  | 1,156 |  |  | 611 |  |  | — |  |  | 15,631 |
Other revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible amortization | — |  |  | — |  |  | 1 |  |  | — |  |  | (7) |  |  | — |  |  | — |  |  | (6) |
Hedging and other revenues (b) | 345 |  |  | (640) |  |  | (316) |  |  | (291) |  |  | (765) |  |  | (231) |  |  | 1 |  |  | (1,897) |
Affiliate sales (c) | — |  |  | 2,572 |  |  | 1,686 |  |  | 9 |  |  | 484 |  |  | 4 |  |  | (4,755) |  |  | — |
Total other revenues | 345 |  |  | 1,932 |  |  | 1,371 |  |  | (282) |  |  | (288) |  |  | (227) |  |  | (4,754) |  |  | (1,903) |
Total revenues | $ | 9,455 |  |  | $ | 3,733 |  |  | $ | 3,706 |  |  | $ | 336 |  |  | $ | 868 |  |  | $ | 384 |  |  | $ | (4,754) |  |  | $ | 13,728 |
____________ (a)Represents net capacity sold (purchased) in each ISO/RTO. The East segment includes $302 million of capacity sold offset by $282 million of capacity purchased. The Sunset segment includes $59 million of capacity sold offset by $3 million of capacity purchased. The Asset Closure segment includes $27 million of capacity sold. (b)Includes $2.163 billion of unrealized net losses from mark-to-market valuations of commodity positions.
For the year ended |  | Retail |  | Texas |  | East |  | West |  | Sunset |  | Asset Closure |  | Corporate and Other |  | Eliminations (1) |  | Consolidated
December 31, 2022 |  | (532) |  |  | (1,472) |  |  | (757) |  |  | (324) |  |  | (3) |  |  | 106 |  |  | — |  |  | 819 |  |  | (2,163) |
____________ (1) Amounts attributable to generation segments offset in fuel, purchased power costs and delivery fees in the Retail segment, with no impact to consolidated results. (c)Texas and East segments include $817 million and $38 million, respectively, of affiliated unrealized net losses, and Sunset and Asset Closure segment includes $30 million and $4 million, respectively, of affiliated unrealized net gains from mark-to-market valuations of commodity positions with the Retail segment.
| Year Ended December 31, 2021
Retail |  | Texas |  | East |  | West |  | Sunset |  | Asset Closure |  | Eliminations |  | Consolidated
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail energy charge in ERCOT | $ | 5,733 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 5,733 |
Retail energy charge in Northeast/Midwest | 2,255 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,255 |
Wholesale generation revenue from ISO/RTO | — |  |  | 3,808 |  |  | 786 |  |  | 229 |  |  | 1,050 |  |  | 475 |  |  | — |  |  | 6,348 |
Capacity revenue from ISO/RTO (a) | — |  |  | — |  |  | (22) |  |  | 1 |  |  | 122 |  |  | 62 |  |  | — |  |  | 163 |
Revenue from other wholesale contracts | — |  |  | 2,302 |  |  | 602 |  |  | 104 |  |  | 192 |  |  | 1 |  |  | — |  |  | 3,201 |
Total revenue from contracts with customers | 7,988 |  |  | 6,110 |  |  | 1,366 |  |  | 334 |  |  | 1,364 |  |  | 538 |  |  | — |  |  | 17,700 |
Other revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible amortization | (2) |  |  | — |  |  | 74 |  |  | — |  |  | (12) |  |  | — |  |  | — |  |  | 60 |
Hedging and other revenues (b) | (115) |  |  | (4,355) |  |  | 123 |  |  | 35 |  |  | (929) |  |  | (442) |  |  | — |  |  | (5,683) |
Affiliate sales (c) | — |  |  | 1,035 |  |  | 1,024 |  |  | 5 |  |  | 238 |  |  | (18) |  |  | (2,284) |  |  | — |
Total other revenues | (117) |  |  | (3,320) |  |  | 1,221 |  |  | 40 |  |  | (703) |  |  | (460) |  |  | (2,284) |  |  | (5,623) |
Total revenues | $ | 7,871 |  |  | $ | 2,790 |  |  | $ | 2,587 |  |  | $ | 374 |  |  | $ | 661 |  |  | $ | 78 |  |  | $ | (2,284) |  |  | $ | 12,077 |
____________ (a)Represents net capacity sold (purchased) in each ISO/RTO. The East segment includes $470 million of capacity purchased offset by $448 million of capacity sold. The West segment includes $1 million of capacity sold. The Sunset segment includes $126 million of capacity sold offset by $4 million of capacity purchased. The Asset Closure segment includes $62 million of capacity sold. (b)Includes $1.191 billion of unrealized net losses from mark-to-market valuations of commodity positions.
For the year ended |  | Retail |  | Texas |  | East |  | West |  | Sunset |  | Asset Closure |  | Corporate and Other |  | Eliminations (1) |  | Consolidated
December 31, 2021 |  | (325) |  |  | (1,272) |  |  | (637) |  |  | (42) |  |  | (394) |  |  | (240) |  |  | — |  |  | 1,719 |  |  | (1,191) |
____________ (1) Amounts attributable to generation segments offset in fuel, purchased power costs and delivery fees in the Retail segment, with no impact to consolidated results. (c)Texas, East, Sunset and Asset Closure segments include $1.028 billion, $529 million, $144 million and $18 million respectively, of affiliated unrealized net losses from mark-to-market valuations of commodity positions with the Retail segment.
Accounts Receivable, Contracts With Customers | The following table presents trade accounts receivable (net of allowance for uncollectible accounts) relating to both ASC 606, Revenue from Contracts with Customers and other activities:
| December 31,
| 2023 |  | 2022
Trade accounts receivable from contracts with customers — net | $ | 1,239 |  |  | $ | 1,644 |
Other trade accounts receivable — net | 435 |  |  | 415 |
Total trade accounts receivable — net | $ | 1,674 |  |  | $ | 2,059 |

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