XML 60 R37.htm IDEA: XBRL DOCUMENT v3.24.0.1

Revenue (Tables)

12 Months Ended

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

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Accounts Receivable, Contracts with Customers [Table Text Block]

+ References

No definition available.

+ Details

Name:	vistra_AccountsReceivableContractsWithCustomersTableTextBlock
Namespace Prefix:	vistra_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration