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Capital Structure (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Changes in NRG's common shares issued and outstanding
The following table reflects the changes in NRG's common shares issued and outstanding for each period presented:
 
Common
 
Issued
 
Treasury
 
Outstanding
Balance as of December 31, 2014
415,506,176

 
(78,843,552
)
 
336,662,624

Shares issued under ESPP

 
283,139

 
283,139

Shares issued under LTIPs
1,433,774

 

 
1,433,774

Share repurchases

 
(24,189,495
)
 
(24,189,495
)
Balance as of December 31, 2015
416,939,950

 
(102,749,908
)
 
314,190,042

Shares issued under ESPP

 
609,094

 
609,094

Shares issued under LTIPs
643,875

 

 
643,875

Balance as of December 31, 2016
417,583,825

 
(102,140,814
)
 
315,443,011

Shares issued under ESPP

 
560,769

 
560,769

Shares issued under LTIPs
739,309

 

 
739,309

Balance as of December 31, 2017
418,323,134

 
(101,580,045
)
 
316,743,089

NRG's common stock reserved for the maximum number of shares potentially issuable based on the conversion and redemption features of outstanding equity instruments and the long-term incentive plans
The following table summarizes NRG's common stock reserved for the maximum number of shares potentially issuable based on the conversion and redemption features of the long-term incentive plans as of December 31, 2017:
Equity Instrument
Common Stock
Reserve Balance
Long-term incentive plans
19,597,433

Dividends paid per common share
The following table lists the dividends paid per common share during 2017, 2016 and 2015:
 
Fourth Quarter
 
Third Quarter
 
Second Quarter
 
First Quarter
2017
$
0.030

 
$
0.030

 
$
0.030

 
$
0.030

2016
$
0.030

 
$
0.030

 
$
0.030

 
$
0.145

2015
$
0.145

 
$
0.145

 
$
0.145

 
$
0.145

Class of Treasury Stock
Share Repurchases  During 2015 and 2014, the Company's board of directors authorized share repurchases of $481 million of its common stock, which were made as follows:
 
Total number of shares purchased
 
Average price paid per share (a)
 
Amounts paid for shares purchased  (in millions) (a)
Board Authorized Share Repurchases
 
 
 
 
 
Fourth Quarter 2014
1,624,360

 
$
26.95

 
$
44

First Quarter 2015
3,146,484

 
25.15

 
79

Second Quarter 2015
4,379,907

 
24.53

 
107

Third Quarter 2015
11,104,184

 
15.06

 
167

Fourth Quarter 2015
5,558,920

 
15.03

 
84

Total Board Authorized Share Repurchases
25,813,855

 
 
 
$
481

(a) The average price paid per share and amounts paid for shares purchased exclude the commissions of $0.015 per share paid in connection with the share repurchase.
Temporary Equity
The following table reflects the changes in the Company's redeemable preferred stock balance for the years ended December 31, 2017, 2016, and 2015:
 
(In millions)
Balance as of December 31, 2014
$
291

Accretion to redemption value
11

Balance as of December 31, 2015
302

Accretion to redemption value
2

Repurchase of 2.822% redeemable preferred stock
(226
)
Gain on redemption of 2.822% redeemable preferred stock
(78
)
Balance as of December 31, 2016

Balance as of December 31, 2017
$