Financing Receivables (Tables)

9 Months Ended

Sep. 30, 2016

Schedule of Financial Receivables [Line Items]

Schedule Of Credit Risk Profile Based On Payment Activity

The following table reflects the outstanding loans by class of customer, none of which are considered “non-performing.”




Outstanding Loans by Class of Customer
	As of		As of
Consumer Loans	September 30, 2016		December 31, 2015
	Millions
Commercial/Industrial	$	165	$	177
Residential	11		12
Total	$	176	$	189

Energy Holdings [Member]

Schedule of Financial Receivables [Line Items]

Schedule Of Gross And Net Lease Investment

The following table shows Energy Holdings’ gross and net lease investment as of September 30, 2016 and December 31, 2015, respectively.




	As of			As of
	September 30, 2016			December 31, 2015
	Millions
Lease Receivables (net of Non-Recourse Debt)	$	630		$	631
Estimated Residual Value of Leased Assets	346			519
Total Investment in Rental Receivables	976			1,150
Unearned and Deferred Income	(320		)	(366		)
Gross Investment in Leases	656			784
Deferred Tax Liabilities	(661		)	(724		)
Net Investment in Leases	$	(5	)	$	60

Schedule Of Lease Receivables, Net Of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based On Counterparty Credit Rating

The corresponding receivables associated with the lease portfolio are reflected in the following table, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.




	Lease Receivables, Net of Non-Recourse Debt
Counterparties’ Credit Rating Standard & Poor’s (S&P) as of September 30, 2016
	As of September 30, 2016
	Millions
AA	$	16
BBB+ — BBB-	316
BB-	134
CCC	164
Total	$	630

Schedule Of Assets Under Lease Receivables

A more detailed description of such assets under lease, as of September 30, 2016, is presented in the following table.




Asset	Location	Gross Investment		% Owned		Total MW	Fuel Type	Counterparties’ S&P Credit Ratings	Counterparty
		Millions
Powerton Station Units 5 and 6	IL	$	134	64	%	1,538	Coal	BB-	NRG Energy, Inc.
Joliet Station Units 7 and 8	IL	$	83	64	%	1,044	Gas	BB-	NRG Energy, Inc.
Keystone Station Units 1 and 2	PA	$	55	17	%	1,711	Coal	CCC (B)	REMA
Conemaugh Station Units 1 and 2	PA	$	55	17	%	1,711	Coal	CCC (B)	REMA
Shawville Station Units 1, 2, 3 and 4	PA	$	109	100	%	603	Coal (A)	CCC (B)	REMA


(A)	REMA notified PJM that it deactivated the coal-fired units at the Shawville generating facility in June 2015 and has disclosed that it expects to return the Shawville units to service in the late fall of 2016 with the ability to use natural gas.

(B)

On May 24, 2016, S&P lowered its corporate credit rating on REMA’s parent company, GenOn Energy Inc. (GenOn) and affiliates (including REMA) to “CCC” from “CCC+” due to a weaker forward power curve, milder weather patterns and weakening financial measures. On October 7, 2016, Moody’s downgraded the GenOn Corporate Family Rating to Caa3 to reflect its high debt burden relative to cash flow. GenOn reported in August 2016 that it did not expect to have sufficient liquidity to repay the senior unsecured notes due in June 2017.