XML 93 R63.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Condensed Consolidating Financial Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Schedule of Guarantor Subsidiaries | Unless otherwise noted below, each of the following guarantor subsidiaries fully and unconditionally guaranteed the Senior Notes as of December 31, 2017:
Ace Energy, Inc. | New Genco GP, LLC | NRG Norwalk Harbor Operations Inc.
Allied Home Warranty GP LLC | Norwalk Power LLC | NRG Operating Services, Inc.
Allied Warranty LLC | NRG Advisory Services LLC | NRG Oswego Harbor Power Operations Inc.
Arthur Kill Power LLC | NRG Affiliate Services Inc. | NRG PacGen Inc.
Astoria Gas Turbine Power LLC | NRG Arthur Kill Operations Inc. | NRG Portable Power LLC
Bayou Cove Peaking Power, LLC | NRG Astoria Gas Turbine Operations Inc. | NRG Power Marketing LLC
BidURenergy, Inc. | NRG Bayou Cove LLC | NRG Reliability Solutions LLC
Cabrillo Power I LLC | NRG Business Services LLC | NRG Renter's Protection LLC
Cabrillo Power II LLC | NRG Cabrillo Power Operations Inc. | NRG Retail LLC
Carbon Management Solutions LLC | NRG California Peaker Operations LLC | NRG Retail Northeast LLC
Cirro Group, Inc. | NRG Cedar Bayou Development Company, LLC | NRG Rockford Acquisition LLC
Cirro Energy Services, Inc. | NRG Connected Home LLC | NRG Saguaro Operations Inc.
Conemaugh Power LLC | NRG Connecticut Affiliate Services Inc. | NRG Security LLC
Connecticut Jet Power LLC | NRG Construction LLC | NRG Services Corporation
Cottonwood Development LLC | NRG Curtailment Solutions, Inc | NRG SimplySmart Solutions LLC
Cottonwood Energy Company LP | NRG Development Company Inc. | NRG South Central Affiliate Services Inc.
Cottonwood Generating Partners I LLC | NRG Devon Operations Inc. | NRG South Central Generating LLC
Cottonwood Generating Partners II LLC | NRG Dispatch Services LLC | NRG South Central Operations Inc.
Cottonwood Generating Partners III LLC | NRG Distributed Energy Resources Holdings LLC | NRG South Texas LP
Cottonwood Technology Partners LP | NRG Distributed Generation PR LLC | NRG SPV #1 LLC
Devon Power LLC | NRG Dunkirk Operations Inc. | NRG Texas C&I Supply LLC
Dunkirk Power LLC | NRG El Segundo Operations Inc. | NRG Texas Gregory LLC
Eastern Sierra Energy Company LLC | NRG Energy Efficiency-L LLC | NRG Texas Holding Inc.
El Segundo Power, LLC | NRG Energy Labor Services LLC | NRG Texas LLC
El Segundo Power II LLC | NRG ECOKAP Holdings LLC | NRG Texas Power LLC
Energy Alternatives Wholesale, LLC | NRG Energy Services Group LLC | NRG Warranty Services LLC
Energy Choice Solutions LLC | NRG Energy Services International Inc. | NRG West Coast LLC
Energy Plus Holdings LLC | NRG Energy Services LLC | NRG Western Affiliate Services Inc.
Energy Plus Natural Gas LLC | NRG Generation Holdings, Inc. | O'Brien Cogeneration, Inc. II
Energy Protection Insurance Company | NRG Greenco LLC | ONSITE Energy, Inc.
Everything Energy LLC | NRG Home & Business Solutions LLC | Oswego Harbor Power LLC
Forward Home Security, LLC | NRG Home Services LLC | Reliant Energy Northeast LLC
GCP Funding Company, LLC | NRG Home Solutions LLC | Reliant Energy Power Supply, LLC
Green Mountain Energy Company | NRG Home Solutions Product LLC | Reliant Energy Retail Holdings, LLC
Gregory Partners, LLC | NRG Homer City Services LLC | Reliant Energy Retail Services, LLC
Gregory Power Partners LLC | NRG Huntley Operations Inc. | RERH Holdings, LLC
Huntley Power LLC | NRG HQ DG LLC | Saguaro Power LLC
Independence Energy Alliance LLC | NRG Identity Protect LLC | Somerset Operations Inc.
Independence Energy Group LLC | NRG Ilion Limited Partnership | Somerset Power LLC
Independence Energy Natural Gas LLC | NRG Ilion LP LLC | Texas Genco GP, LLC
Indian River Operations Inc. | NRG International LLC | Texas Genco Holdings, Inc.
Indian River Power LLC | NRG Maintenance Services LLC | Texas Genco LP, LLC
Keystone Power LLC | NRG Mextrans Inc. | Texas Genco Services, LP
Langford Wind Power, LLC | NRG MidAtlantic Affiliate Services Inc. | US Retailers LLC
Louisiana Generating LLC | NRG Middletown Operations Inc. | Vienna Operations Inc.
Meriden Gas Turbines LLC | NRG Montville Operations Inc. | Vienna Power LLC
Middletown Power LLC | NRG New Roads Holdings LLC | WCP (Generation) Holdings LLC
Montville Power LLC | NRG North Central Operations Inc. | West Coast Power LLC
NEO Corporation | NRG Northeast Affiliate Services Inc. |
Condensed Consolidating Statement of Operations | NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS For the Year Ended December 31, 2017
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. (Note Issuer) |  | Eliminations (a) |  | Consolidated Balance
| (In millions)
Operating Revenues |  |  |  |  |  |  |  |  |
Total operating revenues | $ | 7,182 |  | — |  | $ | 3,699 |  | — |  | $ | — |  |  | $ | (252 | ) |  | $ | 10,629 |
Operating Costs and Expenses |  |  |  |  |  |  |  |  |
Cost of operations | 5,373 |  |  | 2,353 |  |  | 59 |  |  | (249 | ) |  | 7,536 |
Depreciation and amortization | 405 |  |  | 619 |  |  | 32 |  |  | — |  |  | 1,056 |
Impairment losses | 1,463 |  |  | 246 |  |  | — |  |  | — |  |  | 1,709 |
Selling, general and administrative | 371 |  |  | 146 |  |  | 393 |  |  | (3 | ) |  | 907 |
Reorganization costs | 6 |  |  | — |  |  | 38 |  |  | — |  |  | 44 |
Development costs | — |  |  | 49 |  |  | 18 |  |  | — |  |  | 67 |
Total operating costs and expenses | 7,618 |  |  | 3,413 |  |  | 540 |  |  | (252 | ) |  | 11,319 |
Other income - affiliate | — |  |  | — |  |  | 87 |  |  | — |  |  | 87 |
Gain on sale of assets | 4 |  |  | 12 |  |  | — |  |  | — |  |  | 16 |
Operating (Loss)/Income | (432 | ) |  | 298 |  |  | (453 | ) |  | — |  |  | (587 | )
Other (Expense)/Income |  |  |  |  |  |  |  |  |
Equity in (losses)/earnings of consolidated subsidiaries | (1,162 | ) |  | (113 | ) |  | 26 |  |  | 1,249 |  |  | — |
Equity in earnings/(losses) of unconsolidated affiliates | — |  |  | 95 |  |  | (4 | ) |  | (60 | ) |  | 31 |
Impairment losses on investments | — |  |  | (75 | ) |  | (4 | ) |  | — |  |  | (79 | )
Other income, net | 9 |  |  | 17 |  |  | 12 |  |  | — |  |  | 38 |
Net loss on debt extinguishment | — |  |  | (4 | ) |  | (49 | ) |  | — |  |  | (53 | )
Interest expense | (14 | ) |  | (424 | ) |  | (452 | ) |  | — |  |  | (890 | )
Total other expense | (1,167 | ) |  | (504 | ) |  | (471 | ) |  | 1,189 |  |  | (953 | )
Loss from Continuing Operations Before Income Taxes | (1,599 | ) |  | (206 | ) |  | (924 | ) |  | 1,189 |  |  | (1,540 | )
Income tax (benefit)/expense | (598 | ) |  | (10 | ) |  | 616 |  |  | — |  |  | 8 |
Loss from Continuing Operations | (1,001 | ) |  | (196 | ) |  | (1,540 | ) |  | 1,189 |  |  | (1,548 | )
Loss from Discontinued Operations, net of income tax | — |  |  | (160 | ) |  | (629 | ) |  | — |  |  | (789 | )
Net Loss | (1,001 | ) |  | (356 | ) |  | (2,169 | ) |  | 1,189 |  |  | (2,337 | )
Less: Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | — |  |  | (108 | ) |  | (16 | ) |  | (60 | ) |  | (184 | )
Net Loss Attributable to NRG Energy, Inc. | $ | (1,001 | ) |  | $ | (248 | ) |  | $ | (2,153 | ) |  | $ | 1,249 |  |  | $ | (2,153 | )
(a) | All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS For the Year Ended December 31, 2016
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. (Note Issuer) |  | Eliminations (a) |  | Consolidated Balance
| (In millions)
Operating Revenues |  |  |  |  |  |  |  |  |
Total operating revenues | $ | 7,509 |  | — |  | $ | 3,222 |  | — |  | $ | — |  |  | $ | (219 | ) |  | $ | 10,512 |
Operating Costs and Expenses |  |  |  |  |  |  |  |  |
Cost of operations | 5,402 |  |  | 2,080 |  |  | 42 |  |  | (223 | ) |  | 7,301 |
Depreciation and amortization | 565 |  |  | 581 |  |  | 26 |  |  | — |  |  | 1,172 |
Impairment losses | 378 |  |  | 324 |  |  | — |  |  | — |  |  | 702 |
Selling, general and administrative | 415 |  |  | 192 |  |  | 488 |  |  | — |  |  | 1,095 |
Development costs | — |  |  | 59 |  |  | 30 |  |  | — |  |  | 89 |
Total operating costs and expenses | 6,760 |  |  | 3,236 |  |  | 586 |  |  | (223 | ) |  | 10,359 |
Other income - affiliate | — |  |  | — |  |  | 193 |  |  | — |  |  | 193 |
Loss on sale of assets | (1 | ) |  | — |  |  | (79 | ) |  | — |  |  | (80 | )
Operating Income/(Loss) | 748 |  |  | (14 | ) |  | (472 | ) |  | 4 |  |  | 266 |
Other (Expense)/Income |  |  |  |  |  |  |  |  |
Equity in (losses)/earnings of consolidated subsidiaries | (176 | ) |  | (5 | ) |  | 313 |  |  | (132 | ) |  | — |
Equity in earnings/(losses) of unconsolidated affiliates | 5 |  |  | 36 |  |  | (4 | ) |  | (10 | ) |  | 27 |
Impairment losses on investments | — |  |  | (252 | ) |  | (16 | ) |  | — |  |  | (268 | )
Other income, net | 4 |  |  | 23 |  |  | 9 |  |  | (2 | ) |  | 34 |
Net loss on debt extinguishment | — |  |  | (4 | ) |  | (138 | ) |  | — |  |  | (142 | )
Interest expense | (15 | ) |  | (396 | ) |  | (484 | ) |  | — |  |  | (895 | )
Total other expense | (182 | ) |  | (598 | ) |  | (320 | ) |  | (144 | ) |  | (1,244 | )
Income/(Loss) from Continuing Operations Before Income Taxes | 566 |  |  | (612 | ) |  | (792 | ) |  | (140 | ) |  | (978 | )
Income tax (benefit)/expense | (1 | ) |  | 7 |  |  | (63 | ) |  | 62 |  |  | 5 |
Income/(Loss) from Continuing Operations | 567 |  |  | (619 | ) |  | (729 | ) |  | (202 | ) |  | (983 | )
Income from Discontinued Operations, net of income tax | — |  |  | 81 |  |  | 11 |  |  | — |  |  | 92 |
Net Income/(Loss) | 567 |  |  | (538 | ) |  | (718 | ) |  | (202 | ) |  | (891 | )
Less: Net (loss)/income attributable to noncontrolling interests and redeemable noncontrolling interests | — |  |  | (103 | ) |  | 56 |  |  | (70 | ) |  | (117 | )
Net Income/(Loss) Attributable to NRG Energy, Inc. | $ | 567 |  |  | $ | (435 | ) |  | $ | (774 | ) |  | $ | (132 | ) |  | $ | (774 | )
(a) | All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS For the Year Ended December 31, 2015
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. |  | Eliminations (a) |  | Consolidated Balance
| (In millions)
Operating Revenues |  |  |  |  |  |  |  |  |
Total operating revenues | $ | 9,881 |  | — |  | $ | 2,541 |  | — |  | $ | — |  |  | $ | (94 | ) |  | $ | 12,328 |
Operating Costs and Expenses |  |  |  |  |  |  |  |  |
Cost of operations | 7,610 |  |  | 1,470 |  |  | 14 |  |  | (94 | ) |  | 9,000 |
Depreciation and amortization | 751 |  |  | 580 |  |  | 20 |  |  | — |  |  | 1,351 |
Impairment losses | 4,494 |  |  | 366 |  |  | — |  |  | — |  |  | 4,860 |
Selling, general and administrative | 468 |  |  | 204 |  |  | 556 |  |  | — |  |  | 1,228 |
Development costs | — |  |  | 61 |  |  | 93 |  |  | — |  |  | 154 |
Total operating costs and expenses | 13,323 |  |  | 2,681 |  |  | 683 |  |  | (94 | ) |  | 16,593 |
Other income - affiliate | — |  |  | — |  |  | 193 |  |  | — |  |  | 193 |
Gain on postretirement benefits curtailment | — |  |  | 21 |  |  | — |  |  | — |  |  | 21 |
Operating Loss | (3,442 | ) |  | (119 | ) |  | (490 | ) |  | — |  |  | (4,051 | )
Other (Expense)/Income |  |  |  |  |  |  |  |  |
Equity in losses of consolidated subsidiaries | (109 | ) |  | (1 | ) |  | (2,800 | ) |  | 2,910 |  |  | — |
Equity in earnings of unconsolidated affiliates | 8 |  |  | 37 |  |  | — |  |  | (9 | ) |  | 36 |
Impairment losses on investments | — |  |  | (25 | ) |  | (31 | ) |  | — |  |  | (56 | )
Other income, net | 4 |  |  | 21 |  |  | 1 |  |  | — |  |  | 26 |
Loss on sale of equity-method investment | — |  |  | — |  |  | (14 | ) |  | — |  |  | (14 | )
Net (loss)/gain on debt extinguishment | — |  |  | (9 | ) |  | 19 |  |  | — |  |  | 10 |
Interest expense | (14 | ) |  | (366 | ) |  | (557 | ) |  | — |  |  | (937 | )
Total other expense | (111 | ) |  | (343 | ) |  | (3,382 | ) |  | 2,901 |  |  | (935 | )
Loss from Continuing Operations Before Income Taxes | (3,553 | ) |  | (462 | ) |  | (3,872 | ) |  | 2,901 |  |  | (4,986 | )
Income tax (benefit)/expense | (1,104 | ) |  | (93 | ) |  | 2,489 |  |  | 53 |  |  | 1,345 |
Loss from Continuing Operations | (2,449 | ) |  | (369 | ) |  | (6,361 | ) |  | 2,848 |  |  | (6,331 | )
Loss/(income) from Discontinued Operations, net of income tax | — |  |  | (115 | ) |  | 10 |  |  | — |  |  | (105 | )
Net Loss | (2,449 | ) |  | (484 | ) |  | (6,351 | ) |  | 2,848 |  |  | (6,436 | )
Less: Net (loss)/income attributable to noncontrolling interests and redeemable noncontrolling interests | — |  |  | (23 | ) |  | 31 |  |  | (62 | ) |  | (54 | )
Net Loss Attributable to NRG Energy, Inc. | $ | (2,449 | ) |  | $ | (461 | ) |  | $ | (6,382 | ) |  | $ | 2,910 |  |  | $ | (6,382 | )
(a) | All significant intercompany transactions have been eliminated in consolidation.
Condensed Consolidating Statements of Comprehensive Income | NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME For the Year Ended December 31, 2017
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. (Note Issuer) |  | Eliminations(a) |  | Consolidated Balance
| (In millions)
Net Loss | $ | (1,001 | ) |  | $ | (356 | ) |  | $ | (2,169 | ) |  | $ | 1,189 |  |  | $ | (2,337 | )
Other Comprehensive (Loss)/Income, net of tax |  |  |  |  |  |  |  |  |
Unrealized gain on derivatives, net | 1 |  |  | 13 |  |  | 25 |  |  | (26 | ) |  | 13 |
Foreign currency translation adjustments, net | 6 |  |  | 7 |  |  | — |  |  | (1 | ) |  | 12 |
Available-for-sale securities, net | — |  |  | — |  |  | (8 | ) |  | — |  |  | (8 | )
Defined benefit plan, net | (24 | ) |  | 29 |  |  | 41 |  |  | — |  |  | 46 |
Other comprehensive (loss)/income | (17 | ) |  | 49 |  |  | 58 |  |  | (27 | ) |  | 63 |
Comprehensive Loss | (1,018 | ) |  | (307 | ) |  | (2,111 | ) |  | 1,162 |  |  | (2,274 | )
Less: Comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interests | — |  | — |  | (103 | ) | — |  | (16 | ) | — |  | (60 | ) |  | (179 | )
Comprehensive Loss Attributable to NRG Energy, Inc. | $ | (1,018 | ) |  | $ | (204 | ) |  | $ | (2,095 | ) |  | $ | 1,222 |  |  | $ | (2,095 | )
(a) | All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME For the Year Ended December 31, 2016
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. (Note Issuer) |  | Eliminations(a) |  | Consolidated Balance
| (In millions)
Net Income/(Loss) | $ | 567 |  |  | $ | (538 | ) |  | $ | (718 | ) |  | $ | (202 | ) |  | $ | (891 | )
Other Comprehensive Income, net of tax |  |  |  |  |  |  |  |  |
Unrealized gain on derivatives, net | — |  |  | 32 |  |  | 89 |  |  | (86 | ) |  | 35 |
Foreign currency translation adjustments, net | (1 | ) |  | (1 | ) |  | (1 | ) |  | 2 |  |  | (1 | )
Available-for-sale securities, net | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Defined benefit plan, net | 34 |  |  | (13 | ) |  | (51 | ) |  | 33 |  |  | 3 |
Other comprehensive income | 33 |  |  | 18 |  |  | 38 |  |  | (51 | ) |  | 38 |
Comprehensive Income/(Loss) | 600 |  |  | (520 | ) |  | (680 | ) |  | (253 | ) |  | (853 | )
Less: Comprehensive (loss)/income attributable to noncontrolling interests and redeemable noncontrolling interests | — |  |  | (103 | ) | — |  | 56 |  |  | (70 | ) |  | (117 | )
Comprehensive Income/(Loss) Attributable to NRG Energy, Inc. | 600 |  |  | (417 | ) | — |  | (736 | ) |  | (183 | ) |  | (736 | )
Dividends for preferred shares | — |  |  | — |  |  | 5 |  | — |  | — |  |  | 5 |
Gain on redemption of preferred shares | — |  |  | — |  |  | (78 | ) |  | — |  |  | (78 | )
Comprehensive Income/(Loss) Available for Common Stockholders | $ | 600 |  |  | $ | (417 | ) |  | $ | (663 | ) |  | $ | (183 | ) |  | $ | (663 | )
(a) | All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME For the Year Ended December 31, 2015
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. (Note Issuer) |  | Eliminations(a) |  | Consolidated Balance
| (In millions)
Net Loss | $ | (2,449 | ) |  | $ | (484 | ) |  | $ | (6,351 | ) |  | $ | 2,848 |  |  | $ | (6,436 | )
Other Comprehensive (Loss)/Income, net of tax |  |  |  |  |  |  |  |  |
Unrealized (loss)/gain on derivatives, net | (8 | ) |  | (16 | ) |  | 48 |  |  | (39 | ) |  | (15 | )
Foreign currency translation adjustments, net | — |  |  | (7 | ) |  | (4 | ) |  | — |  |  | (11 | )
Available-for-sale securities, net | — |  |  | (1 | ) |  | 18 |  |  | — |  |  | 17 |
Defined benefit plan, net | (22 | ) |  | (15 | ) |  | (42 | ) |  | 89 |  |  | 10 |
Other comprehensive (loss)/income | (30 | ) |  | (39 | ) |  | 20 |  |  | 50 |  |  | 1 |
Comprehensive Loss | (2,479 | ) |  | (523 | ) |  | (6,331 | ) |  | 2,898 |  |  | (6,435 | )
Less: Comprehensive (loss)/income attributable to noncontrolling interest | — |  |  | (42 | ) |  | 31 |  |  | (62 | ) |  | (73 | )
Comprehensive Loss Attributable to NRG Energy, Inc. | (2,479 | ) |  | (481 | ) |  | (6,362 | ) |  | 2,960 |  |  | (6,362 | )
Dividends for preferred shares | — |  |  | — |  |  | 20 |  |  | — |  |  | 20 |
Comprehensive Loss Available for Common Stockholders | $ | (2,479 | ) |  | $ | (481 | ) |  | $ | (6,382 | ) |  | $ | 2,960 |  |  | $ | (6,382 | )
(a) | All significant intercompany transactions have been eliminated in consolidation.
Condensed Consolidating Balance Sheets | NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2017
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. |  | Eliminations (a) |  | Consolidated Balance
| (In millions)
ASSETS |  |  |  |  |  |  |  |  |
Current Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 348 |  |  | $ | 643 |  |  | $ | — |  |  | $ | 991 |
Funds deposited by counterparties | 37 |  |  | — |  |  | — |  |  | — |  |  | 37 |
Restricted cash | 4 |  |  | 504 |  |  | — |  |  | — |  |  | 508 |
Accounts receivable - trade | 769 |  |  | 306 |  |  | 4 |  |  | — |  |  | 1,079 |
Inventory | 339 |  |  | 193 |  |  | — |  |  | — |  |  | 532 |
Derivative instruments | 625 |  |  | 80 |  |  | 9 |  |  | (88 | ) |  | 626 |
Cash collateral posted in support of energy risk management activities | 170 |  |  | 1 |  |  | — |  |  | — |  |  | 171 |
Accounts receivable - affiliate | 712 |  |  | 210 |  |  | (129 | ) |  | (698 | ) |  | 95 |
Current assets held-for-sale | 8 |  |  | 107 |  |  | — |  |  | — |  |  | 115 |
Prepayments and other current assets | 116 |  |  | 118 |  |  | 27 |  |  | — |  |  | 261 |
Total current assets | 2,780 |  |  | 1,867 |  |  | 554 |  |  | (786 | ) |  | 4,415 |
Net Property, Plant and Equipment | 2,527 |  |  | 11,169 |  | — |  | 238 |  | — |  | (26 | ) |  | 13,908 |
Other Assets |  |  |  |  |  |  |  |  |
Investment in subsidiaries | (106 | ) |  | 28 |  | — |  | 7,581 |  |  | (7,503 | ) |  | — |
Equity investments in affiliates | — |  |  | 1,036 |  |  | 2 |  |  | — |  |  | 1,038 |
Notes receivable, less current portion | — |  |  | 2 |  |  | 36 |  |  | (36 | ) |  | 2 |
Goodwill | 360 |  |  | 179 |  |  | — |  |  | — |  |  | 539 |
Intangible assets, net | 458 |  |  | 1,291 |  |  | — |  |  | (3 | ) |  | 1,746 |
Nuclear decommissioning trust fund | 692 |  |  | — |  |  | — |  |  | — |  |  | 692 |
Deferred income taxes | 377 |  |  | (7 | ) |  | (236 | ) |  | — |  |  | 134 |
Derivative instruments | 121 |  |  | 40 |  |  | 31 |  |  | (20 | ) |  | 172 |
Non-current assets held-for-sale | — |  |  | 43 |  |  | — |  |  | — |  |  | 43 |
Other non-current assets | 51 |  |  | 458 |  |  | 120 |  |  | — |  |  | 629 |
Total other assets | 1,953 |  |  | 3,070 |  |  | 7,534 |  |  | (7,562 | ) |  | 4,995 |
Total Assets | $ | 7,260 |  |  | $ | 16,106 |  |  | $ | 8,326 |  |  | $ | (8,374 | ) |  | $ | 23,318 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Current Liabilities |  |  |  |  |  |  |  |  |
Current portion of long-term debt and capital leases | $ | — |  |  | $ | 667 |  |  | $ | 57 |  |  | $ | (36 | ) |  | $ | 688 |
Accounts payable | 546 |  |  | 280 |  |  | 55 |  |  | — |  |  | 881 |
Accounts payable - affiliate | 752 |  |  | (202 | ) |  | 181 |  |  | (698 | ) |  | 33 |
Derivative instruments | 535 |  |  | 108 |  |  | — |  |  | (88 | ) |  | 555 |
Cash collateral received in support of energy risk management activities | 37 |  |  | — |  |  | — |  |  | — |  |  | 37 |
Accrued interest expense | 3 |  |  | 56 |  |  | 97 |  |  | — |  |  | 156 |
Current liabilities - held-for-sale | — |  |  | 72 |  |  | — |  |  | — |  |  | 72 |
Other accrued expenses and other current liabilities | 288 |  |  | 118 |  |  | 328 |  |  | — |  |  | 734 |
Other accrued expenses and other current liabilities - affiliate | — |  |  | — |  |  | 161 |  |  | — |  |  | 161 |
Total current liabilities | 2,161 |  |  | 1,099 |  |  | 879 |  |  | (822 | ) |  | 3,317 |
Other Liabilities |  |  |  |  |  |  |  |  |
Long-term debt and capital leases | 244 |  |  | 8,733 |  |  | 6,739 |  |  | — |  |  | 15,716 |
Nuclear decommissioning reserve | 269 |  |  | — |  |  | — |  |  | — |  |  | 269 |
Nuclear decommissioning trust liability | 415 |  |  | — |  |  | — |  |  | — |  |  | 415 |
Postretirement and other benefit obligations | 118 |  |  | 1 |  |  | 339 |  |  | — |  |  | 458 |
Deferred income taxes | 112 |  |  | 64 |  |  | (155 | ) |  | — |  |  | 21 |
Derivative instruments | 110 |  |  | 107 |  |  | — |  |  | (20 | ) |  | 197 |
Out-of-market contracts, net | 66 |  |  | 141 |  |  | — |  |  | — |  |  | 207 |
Non-current liabilities held-for-sale | — |  |  | 8 |  |  | — |  |  | — |  |  | 8 |
Other non-current liabilities | 295 |  |  | 317 |  |  | 52 |  |  | — |  |  | 664 |
Total non-current liabilities | 1,629 |  |  | 9,371 |  |  | 6,975 |  |  | (20 | ) |  | 17,955 |
Total Liabilities | 3,790 |  |  | 10,470 |  |  | 7,854 |  |  | (842 | ) |  | 21,272 |
Redeemable noncontrolling interest in subsidiaries | — |  |  | 78 |  |  | — |  |  | — |  |  | 78 |
Stockholders' Equity | 3,470 |  |  | 5,558 |  |  | 472 |  |  | (7,532 | ) |  | 1,968 |
Total Liabilities and Stockholders' Equity | $ | 7,260 |  |  | $ | 16,106 |  |  | $ | 8,326 |  |  | $ | (8,374 | ) |  | $ | 23,318 |
(a) | All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2016
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. |  | Eliminations (a) |  | Consolidated Balance
ASSETS |  |  |  |  |  |  |  |  |
Current Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 615 |  |  | $ | 323 |  |  | $ | — |  |  | $ | 938 |
Funds deposited by counterparties | 2 |  |  | — |  |  | — |  |  | — |  |  | 2 |
Restricted cash | 11 |  |  | 435 |  |  | — |  |  | — |  |  | 446 |
Accounts receivable - trade | 734 |  |  | 321 |  |  | 3 |  |  | — |  |  | 1,058 |
Inventory | 482 |  |  | 239 |  |  | — |  |  | — |  |  | 721 |
Derivative instruments | 962 |  |  | 196 |  |  | 1 |  |  | (92 | ) |  | 1,067 |
Cash collateral posted in support of energy risk management activities | 116 |  |  | 34 |  |  | — |  |  | — |  |  | 150 |
Accounts receivable - affiliate | 307 |  |  | (254 | ) |  | 200 |  |  | (139 | ) |  | 114 |
Current assets held-for-sale | — |  |  | 9 |  |  | — |  |  | — |  |  | 9 |
Prepayments and other current assets | 76 |  |  | 152 |  |  | 62 |  |  | — |  |  | 290 |
Current assets - discontinued operations | — |  |  | 1,919 |  |  | — |  |  | — |  |  | 1,919 |
Total current assets | 2,690 |  |  | 3,666 |  |  | 589 |  |  | (231 | ) |  | 6,714 |
Net Property, Plant and Equipment | 4,219 |  |  | 10,926 |  |  | 251 |  |  | (27 | ) |  | 15,369 |
Other Assets |  |  |  |  |  |  |  |  |
Investment in subsidiaries | 1,090 |  |  | 145 |  |  | 10,128 |  |  | (11,363 | ) |  | — |
Equity investments in affiliates | (13 | ) |  | 1,103 |  |  | 30 |  |  | — |  |  | 1,120 |
Notes receivable, less current portion | — |  |  | 16 |  |  | (76 | ) |  | 76 |  |  | 16 |
Goodwill | 359 |  |  | 303 |  |  | — |  |  | — |  |  | 662 |
Intangible assets, net | 592 |  |  | 1,384 |  |  | — |  |  | (3 | ) |  | 1,973 |
Nuclear decommissioning trust fund | 610 |  |  | — |  |  | — |  |  | — |  |  | 610 |
Derivative instruments | 144 |  |  | 44 |  |  | 36 |  |  | (43 | ) |  | 181 |
Deferred income taxes | 3 |  |  | — |  |  | 222 |  |  | — |  |  | 225 |
Non-current assets held for sale | — |  |  | 10 |  |  | — |  |  | — |  |  | 10 |
Other non-current assets | 67 |  |  | 446 |  |  | 328 |  |  | — |  |  | 841 |
Non-current assets - discontinued operations | — |  |  | 2,961 |  |  | — |  |  | — |  |  | 2,961 |
Total other assets | 2,852 |  |  | 6,412 |  |  | 10,668 |  |  | (11,333 | ) |  | 8,599 |
Total Assets | $ | 9,761 |  |  | $ | 21,004 |  |  | $ | 11,508 |  |  | $ | (11,591 | ) |  | $ | 30,682 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |  |
Current Liabilities |  |  |  |  |  |  |  |  |
Current portion of long-term debt and capital leases | $ | — |  |  | $ | 498 |  |  | $ | (58 | ) |  | $ | 76 |  |  | $ | 516 |
Accounts payable | 501 |  |  | 247 |  |  | 34 |  |  | — |  |  | 782 |
Accounts payable - affiliate | 753 |  |  | (443 | ) |  | (200 | ) |  | (79 | ) |  | 31 |
Derivative instruments | 947 |  |  | 237 |  |  | — |  |  | (92 | ) |  | 1,092 |
Cash collateral received in support of energy risk management activities | 81 |  |  | — |  |  | — |  |  | — |  |  | 81 |
Accrued interest expense | 3 |  |  | 54 |  |  | 123 |  |  | — |  |  | 180 |
Other accrued expenses and other current liabilities | 313 |  |  | 155 |  |  | 342 |  |  | — |  |  | 810 |
Current liabilities - discontinued operations | — |  |  | 1,210 |  |  | — |  |  | — |  |  | 1,210 |
Total current liabilities | 2,598 |  |  | 1,958 |  |  | 241 |  |  | (95 | ) |  | 4,702 |
Other Liabilities |  |  |  |  |  |  |  |  |
Long-term debt and capital leases | 244 |  |  | 8,252 |  |  | 7,461 |  |  | — |  |  | 15,957 |
Nuclear decommissioning reserve | 287 |  |  | — |  |  | — |  |  | — |  |  | 287 |
Nuclear decommissioning trust liability | 339 |  |  | — |  |  | — |  |  | — |  |  | 339 |
Postretirement and other benefit obligations | 113 |  |  | 122 |  |  | 275 |  |  | — |  |  | 510 |
Deferred income taxes | 186 |  |  | 125 |  |  | (291 | ) |  | — |  |  | 20 |
Derivative instruments | 157 |  |  | 170 |  |  | — |  |  | (43 | ) |  | 284 |
Out-of-market contracts, net | 80 |  |  | 150 |  |  | — |  |  | — |  |  | 230 |
Non-current liabilities held-for-sale | — |  |  | 11 |  |  | — |  |  | — |  |  | 11 |
Other non-current liabilities | 283 |  |  | 309 |  |  | 74 |  |  | — |  |  | 666 |
Other non-current liabilities - discontinued operations | — |  |  | 3,184 |  |  | — |  |  | — |  |  | 3,184 |
Total non-current liabilities | 1,689 |  |  | 12,323 |  |  | 7,519 |  |  | (43 | ) |  | 21,488 |
Total Liabilities | 4,287 |  |  | 14,281 |  |  | 7,760 |  |  | (138 | ) |  | 26,190 |
Redeemable noncontrolling interest in subsidiaries | — |  |  | 46 |  |  | — |  |  | — |  |  | 46 |
Stockholders' Equity | 5,474 |  |  | 6,677 |  | — |  | 3,748 |  | — |  | (11,453 | ) |  | 4,446 |
Total Liabilities and Stockholders' Equity | $ | 9,761 |  |  | $ | 21,004 |  |  | $ | 11,508 |  |  | $ | (11,591 | ) |  | $ | 30,682 |
(a) | All significant intercompany transactions have been eliminated in consolidation.
Condensed Consolidating Statements of Cash Flows | NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Year Ended December 31, 2017
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. (Note Issuer) |  | Eliminations(a) |  | Consolidated Balance
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |
Net loss | $ | (1,001 | ) |  | $ | (356 | ) |  | $ | (2,169 | ) |  | $ | 1,189 |  |  | $ | (2,337 | )
Loss from discontinued operations | — |  |  | (160 | ) |  | (629 | ) |  | — |  |  | (789 | )
Net loss from continuing operations | (1,001 | ) |  | (196 | ) |  | (1,540 | ) |  | 1,189 |  |  | (1,548 | )
Adjustments to reconcile net loss to net cash provided by operating activities: |  |  |  |  |  |  |  |  |
Equity in earnings and distributions from unconsolidated affiliates | — |  |  | 5 |  |  | 4 |  |  | 46 |  |  | 55 |
Depreciation and amortization | 405 |  |  | 619 |  |  | 32 |  |  | — |  |  | 1,056 |
Provision for bad debts | 54 |  |  | 2 |  |  | 12 |  |  | — |  |  | 68 |
Amortization of nuclear fuel | 51 |  |  | — |  |  | — |  |  | — |  |  | 51 |
Amortization of financing costs and debt discount/premiums | — |  |  | 42 |  |  | 18 |  |  | — |  |  | 60 |
Adjustment for debt extinguishment | — |  |  | 4 |  |  | 49 |  |  | — |  |  | 53 |
Amortization of intangibles and out-of-market contracts | 27 |  |  | 81 |  |  | — |  |  | — |  |  | 108 |
Amortization of unearned equity compensation | — |  |  | — |  |  | 35 |  |  | — |  |  | 35 |
Net gain on sale of assets and equity method investments | (18 | ) |  | (16 | ) |  | — |  |  | — |  |  | (34 | )
Impairment losses | 1,463 |  |  | 321 |  |  | 4 |  |  | — |  |  | 1,788 |
Changes in derivative instruments | (100 | ) |  | (69 | ) |  | 24 |  |  | (26 | ) |  | (171 | )
Changes in deferred income taxes and liability for uncertain tax benefits | (300 | ) |  | 69 |  |  | 322 |  |  | — |  |  | 91 |
Changes in collateral deposits in support of energy risk management activities | (98 | ) |  | 18 |  |  | — |  |  | — |  |  | (80 | )
Proceeds from sale of emission allowances | 25 |  |  | — |  |  | — |  |  | — |  |  | 25 |
Changes in nuclear decommissioning trust liability | 11 |  |  | — |  |  | — |  |  | — |  |  | 11 |
Cash (used)/provided by changes in other working capital | (363 | ) |  | (164 | ) |  | 1,593 |  |  | (1,209 | ) |  | (143 | )
Cash provided by continuing operations | 156 |  |  | 716 |  |  | 553 |  |  | — |  |  | 1,425 |
Cash used by discontinued operations | — |  |  | (38 | ) |  | — |  |  | — |  |  | (38 | )
Net Cash Provided by Operating Activities | 156 |  |  | 678 |  |  | 553 |  |  | — |  |  | 1,387 |
Cash Flows from Investing Activities |  |  |  |  |  |  |  |  |  |  |
Dividends from NRG Yield, Inc. | — |  |  | — |  |  | 94 |  |  | (94 | ) |  | — |
Acquisition of Drop Down Assets, net of cash acquired | — |  |  | (249 | ) |  | — |  |  | 249 |  |  | — |
Intercompany dividends | — |  |  | — |  |  | 129 |  |  | (129 | ) |  | — |
Acquisition of businesses, net of cash acquired | (14 | ) |  | (27 | ) |  | — |  |  | — |  |  | (41 | )
Capital expenditures | (183 | ) |  | (906 | ) |  | (22 | ) |  | — |  |  | (1,111 | )
Net cash proceeds from notes receivable | — |  |  | 17 |  |  | — |  |  | — |  |  | 17 |
Proceeds from renewable energy grants | 8 |  |  | — |  |  | — |  |  | — |  |  | 8 |
Proceeds from sale of emission allowances | 66 |  |  | — |  |  | — |  |  | — |  |  | 66 |
Investments in nuclear decommissioning trust fund securities | (512 | ) |  | — |  |  | — |  |  | — |  |  | (512 | )
Proceeds from sales of nuclear decommissioning trust fund securities | 501 |  |  | — |  |  | — |  |  | — |  |  | 501 |
Proceeds from sale of assets, net | 33 |  |  | 54 |  |  | — |  |  | — |  |  | 87 |
Investments in unconsolidated affiliates | — |  |  | (40 | ) |  | — |  |  | — |  |  | (40 | )
Other | 18 |  |  | (6 | ) |  | — |  |  | — |  |  | 12 |
Cash (used)/provided by continuing operations | (83 | ) |  | (1,157 | ) |  | 201 |  |  | 26 |  |  | (1,013 | )
Cash used by discontinued operations | — |  |  | (53 | ) |  | — |  |  | — |  |  | (53 | )
Net Cash (Used)/Provided by Investing Activities | (83 | ) |  | (1,210 | ) |  | 201 |  |  | 26 |  |  | (1,066 | )
Cash Flows from Financing Activities |  |  |  |  |  |  |  |  |  |  |  |
Dividends from NRG Yield, Inc. | — |  |  | (94 | ) |  | — |  |  | 94 |  |  | — |
Payments from/(for) intercompany loans | (45 | ) |  | 13 |  |  | 32 |  |  | — |  |  | — |
Acquisition of Drop Down Assets, net of cash acquired | — |  |  | — |  |  | 249 |  |  | (249 | ) |  | — |
Intercompany dividends | — |  |  | (129 | ) |  | — |  |  | 129 |  |  | — |
Payment of dividends to common and preferred stockholders | — |  |  | — |  |  | (38 | ) |  | — |  |  | (38 | )
Net receipts from settlement of acquired derivatives that include financing elements | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Payments for debt extinguishment costs | — |  |  | — |  |  | (42 | ) |  | — |  |  | (42 | )
Distributions from, net of contributions to, noncontrolling interest in subsidiaries | — |  |  | 95 |  |  | — |  |  | — |  |  | 95 |
Payments from issuance of common stock | — |  |  | — |  |  | (2 | ) |  | — |  |  | (2 | )
Proceeds from issuance of long-term debt | — |  |  | 1,186 |  |  | 1,084 |  |  | — |  |  | 2,270 |
Payment of debt issuance and hedging costs | — |  |  | (47 | ) |  | (16 | ) |  | — |  |  | (63 | )
Payments for short and long-term debt | — |  |  | (647 | ) |  | (1,701 | ) |  | — |  |  | (2,348 | )
Receivable from affiliate | — |  |  | (125 | ) |  | — |  |  | — |  |  | (125 | )
Other | — |  |  | (10 | ) |  | — |  |  | — |  |  | (10 | )
Cash provided/(used) by continuing operations | (45 | ) |  | 244 |  |  | (434 | ) |  | (26 | ) |  | (261 | )
Cash used by discontinued operations | — |  |  | (224 | ) |  | — |  |  | — |  |  | (224 | )
Net Cash Provided/(Used) by Financing Activities | (45 | ) |  | 20 |  |  | (434 | ) |  | (26 | ) |  | (485 | )
Effect of exchange rate changes on cash and cash equivalents | — |  |  | (1 | ) |  | — |  |  | — |  |  | (1 | )
Change in cash from discontinued operations | — |  |  | (315 | ) |  | — |  |  | — |  |  | (315 | )
Net Increase/(Decrease) in Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties | 28 |  |  | (198 | ) |  | 320 |  |  | — |  |  | 150 |
Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties at Beginning of Period | 13 |  |  | 1,050 |  |  | 323 |  |  | — |  |  | 1,386 |
Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties at End of Period | $ | 41 |  |  | $ | 852 |  |  | $ | 643 |  |  | $ | — |  |  | $ | 1,536 |
(a) | All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Year Ended December 31, 2016
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. (Note Issuer) |  | Eliminations(a) |  | Consolidated Balance
| (In millions)
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |
Net income/(loss) | $ | 567 |  |  | $ | (538 | ) |  | $ | (718 | ) |  | $ | (202 | ) |  | $ | (891 | )
Income from discontinued operations | — |  |  | 81 |  |  | 11 |  |  | — |  |  | 92 |
Net income/(loss) from continuing operations | 567 |  |  | (619 | ) |  | (729 | ) |  | (202 | ) |  | (983 | )
Adjustments to reconcile net income/(loss) to net cash provided by operating activities: |  |  |  |  |  |  |  |  |
Equity in earnings and distribution of unconsolidated affiliates | (5 | ) |  | 52 |  |  | 5 |  |  | 2 |  |  | 54 |
Depreciation and amortization | 565 |  |  | 581 |  |  | 26 |  |  | — |  |  | 1,172 |
Provision for bad debts | 41 |  |  | 7 |  |  | — |  |  | — |  |  | 48 |
Amortization of nuclear fuel | 49 |  |  | — |  |  | — |  |  | — |  |  | 49 |
Amortization of financing costs and debt discount/premiums | — |  |  | 34 |  |  | 21 |  |  | — |  |  | 55 |
Adjustment for debt extinguishment | — |  |  | 4 |  |  | 138 |  |  | — |  |  | 142 |
Amortization of intangibles and out-of-market contracts | 39 |  |  | 128 |  |  | — |  |  | — |  |  | 167 |
Amortization of unearned equity compensation | — |  |  | — |  |  | 10 |  |  | — |  |  | 10 |
Net loss on sale of assets and equity method investments, net | — |  |  | — |  |  | 70 |  |  | — |  |  | 70 |
Impairment losses | 378 |  |  | 578 |  |  | 16 |  |  | — |  |  | 972 |
Changes in derivative instruments | (77 | ) |  | 145 |  |  | (36 | ) |  | — |  |  | 32 |
Changes in deferred income taxes and liability for uncertain tax benefits | (1 | ) |  | 18 |  |  | (60 | ) |  | — |  |  | (43 | )
Changes in collateral deposits in support of energy risk management activities | 437 |  |  | (39 | ) |  | — |  |  | — |  |  | 398 |
Proceeds from sale of emission allowances | 34 |  |  | — |  |  | — |  |  | — |  |  | 34 |
Changes in nuclear decommissioning trust liability | 41 |  |  | — |  |  | — |  |  | — |  |  | 41 |
Cash (used)/provided by changes in other working capital | (1,815 | ) |  | 417 |  |  | 1,187 |  |  | 200 |  |  | (11 | )
Cash provided by continuing operations | 253 |  |  | 1,306 |  |  | 648 |  |  | — |  |  | 2,207 |
Cash used by discontinued operations | — |  |  | (119 | ) |  | — |  |  | — |  |  | (119 | )
Net Cash Provided by Operating Activities | 253 |  |  | 1,187 |  |  | 648 |  |  | — |  |  | 2,088 |
Cash Flows from Investing Activities |  |  |  |  |  |  |  |  |  |
Dividends from NRG Yield, Inc. | — |  |  | — |  |  | 81 |  |  | (81 | ) |  | — |
Intercompany dividends | — |  |  | — |  |  | 12 |  |  | (12 | ) |  | — |
Acquisition of Drop Down Assets, net of cash acquired | — |  |  | (77 | ) |  | — |  |  | 77 |  |  | — |
Acquisition of businesses, net of cash acquired | — |  |  | (209 | ) |  | — |  |  | — |  |  | (209 | )
Capital expenditures | (180 | ) |  | (748 | ) |  | (48 | ) |  | — |  |  | (976 | )
Net cash proceeds from notes receivable | — |  |  | 17 |  |  | — |  |  | — |  |  | 17 |
Proceeds from renewable energy grants | — |  |  | 36 |  |  | — |  |  | — |  |  | 36 |
Purchases of emission allowances, net of proceeds | (1 | ) |  | — |  |  | — |  |  | — |  |  | (1 | )
Investments in nuclear decommissioning trust fund securities | (551 | ) |  | — |  |  | — |  |  | — |  |  | (551 | )
Proceeds from sales of nuclear decommissioning trust fund securities | 510 |  |  | — |  |  | — |  |  | — |  |  | 510 |
Proceeds from sale of assets, net | — |  |  | 56 |  |  | 17 |  |  | — |  |  | 73 |
Investments in unconsolidated affiliates | 3 |  |  | (26 | ) |  | — |  |  | — |  |  | (23 | )
Other | 27 |  |  | — |  |  | 8 |  |  | — |  |  | 35 |
Cash (used)/provided by continuing operations | (192 | ) |  | (951 | ) |  | 70 |  |  | (16 | ) |  | (1,089 | )
Cash provided by discontinued operations | — |  |  | 297 |  |  | — |  |  | — |  |  | 297 |
Net Cash (Used)/Provided by Investing Activities | (192 | ) |  | (654 | ) |  | 70 |  |  | (16 | ) |  | (792 | )
Cash Flows from Financing Activities |  |  |  |  |  |  |  |  |  |  |
Dividends from NRG Yield, Inc. | — |  |  | (81 | ) |  | — |  |  | 81 |  |  | — |
Intercompany dividends | (52 | ) |  | 40 |  |  | — |  |  | 12 |  |  | — |
Payments (for)/from intercompany loans | (52 | ) |  | (49 | ) |  | 101 |  |  | — |  |  | — |
Acquisition of Drop Down Assets, net of cash acquired | — |  |  | — |  |  | 77 |  |  | (77 | ) |  | — |
Payment of dividends to common and preferred stockholders | — |  |  | — |  |  | (76 | ) |  | — |  |  | (76 | )
Net receipts from settlement of acquired derivatives that include financing elements | — |  |  | 6 |  |  | — |  |  | — |  |  | 6 |
Payment for preferred shares | — |  |  | — |  |  | (226 | ) |  | — |  |  | (226 | )
Payments for debt extinguishment costs | — |  |  | — |  |  | (121 | ) |  | — |  |  | (121 | )
Distributions from, net of contributions to, noncontrolling interest in subsidiaries | — |  |  | (156 | ) |  | — |  |  | — |  |  | (156 | )
Proceeds from issuance of common stock | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Proceeds from issuance of long-term debt | — |  |  | 1,387 |  |  | 4,140 |  |  | — |  |  | 5,527 |
Payment of debt issuance and hedging costs | — |  |  | (29 | ) |  | (60 | ) |  | — |  |  | (89 | )
Payments for short and long-term debt | (1 | ) |  | (983 | ) |  | (4,924 | ) |  | — |  |  | (5,908 | )
Other | (3 | ) |  | (10 | ) |  | — |  |  | — |  |  | (13 | )
Cash (used)/provided by continuing operations | (108 | ) |  | 125 |  |  | (1,088 | ) |  | 16 |  |  | (1,055 | )
Cash provided by discontinued operations | — |  |  | 140 |  |  | — |  |  | — |  |  | 140 |
Net Cash (Used)/Provided by Financing Activities | (108 | ) |  | 265 |  |  | (1,088 | ) |  | 16 |  |  | (915 | )
Effect of exchange rate changes on cash and cash equivalents | — |  |  | 1 |  |  | — |  |  | — |  |  | 1 |
Change in cash from discontinued operations | — |  |  | 318 |  |  | — |  |  | — |  |  | 318 |
Net (Decrease)/Increase in Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties | (47 | ) |  | 481 |  |  | (370 | ) |  | — |  |  | 64 |
Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties at Beginning of Period | 60 |  |  | 569 |  |  | 693 |  |  | — |  |  | 1,322 |
Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties at End of Period | $ | 13 |  |  | $ | 1,050 |  |  | $ | 323 |  |  | $ | — |  |  | $ | 1,386 |
(a) All significant intercompany transactions have been eliminated in consolidation. NRG ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS For the Year Ended December 31, 2015
| Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | NRG Energy, Inc. (Note Issuer) |  | Eliminations(a) |  | Consolidated Balance
| (In millions)
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |
Net loss | $ | (2,449 | ) |  | $ | (484 | ) |  | $ | (6,351 | ) |  | $ | 2,848 |  |  | $ | (6,436 | )
(Loss)/income from discontinued operations | — |  |  | (115 | ) |  | 10 |  |  | — |  |  | (105 | )
Net loss from continuing operations | (2,449 | ) |  | (369 | ) |  | (6,361 | ) |  | 2,848 |  |  | (6,331 | )
Adjustments to reconcile net loss to net cash (used)/provided by operating activities: |  |  |  |  |  |  |  |  |
Equity in earnings and distribution of unconsolidated affiliates | (5 | ) |  | 54 |  |  | — |  |  | (12 | ) |  | 37 |
Depreciation and amortization | 751 |  |  | 580 |  |  | 20 |  |  | — |  |  | 1,351 |
Provision for bad debts | 58 |  |  | 3 |  |  | 3 |  |  | — |  |  | 64 |
Amortization of nuclear fuel | 45 |  |  | — |  |  | — |  |  | — |  |  | 45 |
Amortization of financing costs and debt discount/premiums | — |  |  | 21 |  |  | 26 |  |  | — |  |  | 47 |
Adjustment for debt extinguishment | — |  |  | 9 |  |  | (19 | ) |  | — |  |  | (10 | )
Amortization of intangibles and out-of-market contracts | 52 |  |  | 99 |  |  | — |  |  | — |  |  | 151 |
Amortization of unearned equity compensation | — |  |  | (2 | ) |  | 41 |  |  | — |  |  | 39 |
Net loss on sale of assets and equity method investments | — |  |  | — |  |  | 14 |  |  | — |  |  | 14 |
Gain on post retirement benefits curtailment | — |  |  | (21 | ) |  | — |  |  | — |  |  | (21 | )
Impairment losses | 4,494 |  |  | 391 |  |  | 31 |  |  | — |  |  | 4,916 |
Changes in derivative instruments | 264 |  |  | (29 | ) |  | — |  |  | — |  |  | 235 |
Changes in deferred income taxes and liability for uncertain tax benefits | (1,092 | ) |  | (237 | ) |  | 2,655 |  |  | — |  |  | 1,326 |
Changes in collateral deposits in support of energy risk management activities | (323 | ) |  | (11 | ) |  | — |  |  | — |  |  | (334 | )
Proceeds from sale of emission allowances | (24 | ) |  | — |  |  | — |  |  | — |  |  | (24 | )
Changes in nuclear decommissioning trust liability | (2 | ) |  | — |  |  | — |  |  | — |  |  | (2 | )
Cash (used)/provided by changes in other working capital | (8,656 | ) |  | (907 | ) |  | 12,183 |  |  | (2,836 | ) |  | (216 | )
Cash (used)/provided by continuing operations | (6,887 | ) |  | (419 | ) |  | 8,593 |  |  | — |  |  | 1,287 |
Cash provided by discontinued operations | — |  |  | 62 |  |  | — |  |  | — |  |  | 62 |
Net Cash (Used)/Provided by Operating Activities | (6,887 | ) |  | (357 | ) |  | 8,593 |  |  | — |  |  | 1,349 |
Cash Flows from Investing Activities |  |  |  |  |  |  |  |  |  |
Dividends from NRG Yield, Inc. | — |  |  | — |  |  | 70 |  |  | (70 | ) |  | — |
Intercompany dividends | — |  |  | — |  |  | 33 |  |  | (33 | ) |  | — |
Acquisition of Drop Down Assets, net of cash acquired | — |  |  | (698 | ) |  | — |  |  | 698 |  |  | — |
Acquisition of business, net of cash acquired | — |  |  | (31 | ) |  | — |  |  | — |  |  | (31 | )
Capital expenditures | (316 | ) |  | (654 | ) |  | (59 | ) |  | — |  |  | (1,029 | )
Net cash proceeds from notes receivable | — |  |  | 18 |  |  | — |  |  | — |  |  | 18 |
Proceeds from renewable energy grants | — |  |  | 82 |  |  | — |  |  | — |  |  | 82 |
Proceeds from emission allowances, net of purchases | 41 |  |  | — |  |  | — |  |  | — |  |  | 41 |
Investments in nuclear decommissioning trust fund securities | (629 | ) |  | — |  |  | — |  |  | — |  |  | (629 | )
Proceeds from sales of nuclear decommissioning trust fund securities | 631 |  |  | — |  |  | — |  |  | — |  |  | 631 |
Proceeds from sale of assets, net | — |  |  | 1 |  |  | 26 |  |  | — |  |  | 27 |
Investments in unconsolidated affiliates | 1 |  |  | (357 | ) |  | (39 | ) |  | — |  |  | (395 | )
Other | — |  |  | 16 |  |  | — |  |  | — |  |  | 16 |
Cash (used)/provided by continuing operations | (272 | ) |  | (1,623 | ) |  | 31 |  |  | 595 |  |  | (1,269 | )
Cash used by discontinued operations | — |  |  | (259 | ) |  | — |  |  | — |  |  | (259 | )
Net Cash (Used)/Provided by Investing Activities | (272 | ) |  | (1,882 | ) |  | 31 |  |  | 595 |  |  | (1,528 | )
Cash Flows from Financing Activities |  |  |  |  |  |  |  |  |  |  |
Dividends from NRG Yield, Inc. | — |  |  | (70 | ) |  | — |  |  | 70 |  |  | — |
Intercompany dividends | — |  |  | (33 | ) |  | — |  |  | 33 |  |  | — |
Payments from/(for) intercompany loans | 7,183 |  |  | 1,258 |  |  | (8,441 | ) |  | — |  |  | — |
Acquisition of Drop Down Assets, net of cash acquired | — |  |  | — |  |  | 698 |  |  | (698 | ) |  | — |
Payment of dividends to common and preferred stockholders | — |  |  | — |  |  | (201 | ) |  | — |  |  | (201 | )
Net receipts from settlement of acquired derivatives that include financing elements | — |  |  | 14 |  |  | — |  |  | — |  |  | 14 |
Payment for treasury stock | — |  |  | — |  |  | (437 | ) |  | — |  |  | (437 | )
Distributions from, net of contributions to, noncontrolling interest in subsidiaries | — |  |  | 47 |  |  | — |  |  | — |  |  | 47 |
Proceeds from sale of noncontrolling interests in subsidiaries | — |  |  | 600 |  |  | — |  |  | — |  |  | 600 |
Proceeds from issuance of common stock | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Proceeds from issuance of long-term debt | — |  |  | 953 |  |  | 51 |  |  | — |  |  | 1,004 |
Payment of debt issuance and hedging costs | — |  |  | (21 | ) |  | — |  |  | — |  |  | (21 | )
Payments for short and long-term debt | — |  |  | (1,116 | ) |  | (246 | ) |  | — |  |  | (1,362 | )
Other | — |  |  | (22 | ) |  | — |  |  | — |  |  | (22 | )
Cash provided/(used) by continuing operations | 7,183 |  |  | 1,610 |  |  | (8,575 | ) |  | (595 | ) |  | (377 | )
Cash used by discontinued operations | — |  |  | (55 | ) |  | — |  |  | — |  |  | (55 | )
Net Cash Provided/(Used) by Financing Activities | 7,183 |  |  | 1,555 |  |  | (8,575 | ) |  | (595 | ) |  | (432 | )
Effect of exchange rate changes on cash and cash equivalents | — |  |  | 10 |  |  | — |  |  | — |  |  | 10 |
Change in cash from discontinued operations | — |  |  | (252 | ) |  | — |  |  | — |  |  | (252 | )
Net Increase/(Decrease) in Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties | 24 |  |  | (422 | ) |  | 49 |  |  | — |  |  | (349 | )
Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties at Beginning of Period | 36 |  |  | 991 |  |  | 644 |  |  | — |  |  | 1,671 |
Cash and Cash Equivalents, Restricted Cash, and Funds Deposited by Counterparties at End of Period | $ | 60 |  |  | $ | 569 |  |  | $ | 693 |  |  | $ | — |  |  | $ | 1,322 |
(a) All significant intercompany transactions have been eliminated in consolidation.

X
- Definition Schedule of Guarantor Subsidiaries [Table] + References No definition available. + Details
Name: | nrg_ScheduleofGuarantorSubsidiariesTableTextBlock
Namespace Prefix: | nrg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_CondensedStatementOfComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration