XML 93 R82.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Financial Information - CASH FLOWS (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities    
Net Income/(Loss) $ 233 $ (203)
(Loss)/income from discontinued operations 0 (34)
Net income 233 (169)
Adjustments to reconcile net income to net cash provided/(used) by operating activities:    
Distributions from unconsolidated affiliates 10 13
Equity in losses of unconsolidated affiliates 2 (5)
Depreciation and amortization 235 257
Provision for bad debts 15 9
Amortization of nuclear fuel 13 12
Amortization of financing costs and debt discount/premiums 14 15
Adjustment for debt extinguishment 2 0
Amortization of intangibles and out-of-market contracts 22 30
Amortization of unearned equity compensation 13 8
Changes in deferred income taxes and liability for uncertain tax benefits (3) 1
Changes in nuclear decommissioning trust liability 34 36
Changes in derivative instruments (247) 38
Changes in collateral deposits in support of energy risk management activities 163 (127)
Gain on sale of emission allowances (8) 0
(Gain)/loss on sale of assets (2) (2)
Changes in other working capital (139) (198)
Cash provided/(used) by continuing operations 357 (82)
Cash used by discontinued operations 0 15
Net Cash Provided/(Used) by Operating Activities 357 (67)
Cash Flows from Investing Activities    
Dividends from NRG Yield, Inc. 0 0
Intercompany dividends   0
Acquisition of Drop Down Assets, net of cash acquired 0 0
Acquisitions of businesses, net of cash acquired (62) (3)
Capital expenditures (358) (236)
Decrease in notes receivable 3 4
Purchases of emission allowances (17) (9)
Proceeds from sale of emission allowances 23 11
Investments in nuclear decommissioning trust fund securities (216) (153)
Proceeds from the sale of nuclear decommissioning trust fund securities 182 117
Proceeds from sale of assets, net of cash disposed of 11 14
Change in investments in unconsolidated affiliates 2 (12)
Other 0 18
Cash (used)/provided by continuing operations (432) (249)
Cash used by discontinued operations 0 (32)
Net Cash (Used)/Provided by Investing Activities (432) (281)
Cash Flows from Financing Activities    
Dividends from NRG Yield, Inc. 0 0
Payment from/(for) intercompany loans 0 0
Acquisition of Drop Down Assets, net of cash acquired 0 0
Intercompany dividends   0
Payment of dividends to common and preferred stockholders (10) (9)
Payment for treasury stock (93) 0
Net receipts from settlement of acquired derivatives that include financing elements 0 1
Proceeds from issuance of long-term debt 179 193
Payments for short and long-term debt (228) (177)
Distributions to, net of contributions from, noncontrolling interests in subsidiaries 110 (5)
Payment of debt issuance costs (7) (14)
Other - contingent consideration 0 (10)
Cash used by continuing operations (49) (21)
Cash used by discontinued operations 0 (132)
Net Cash Used by Financing Activities (49) (153)
Effect of exchange rate changes on cash and cash equivalents 0 (7)
Change in Cash from discontinued operations 0 (149)
Net Decrease in Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash (124) (359)
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at Beginning of Period 1,536 1,386
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at End of Period 1,412 1,027
Eliminations    
Cash Flows from Operating Activities    
Net Income/(Loss) (556) (26)
(Loss)/income from discontinued operations   0
Net income   (26)
Adjustments to reconcile net income to net cash provided/(used) by operating activities:    
Distributions from unconsolidated affiliates (3) (5)
Equity in losses of unconsolidated affiliates 0 0
Depreciation and amortization 0 0
Provision for bad debts 0 0
Amortization of nuclear fuel 0 0
Amortization of financing costs and debt discount/premiums 0 0
Adjustment for debt extinguishment 0  
Amortization of intangibles and out-of-market contracts 0 0
Amortization of unearned equity compensation 0 0
Changes in deferred income taxes and liability for uncertain tax benefits 0 0
Changes in nuclear decommissioning trust liability 0 0
Changes in derivative instruments (18) 0
Changes in collateral deposits in support of energy risk management activities 0 0
Gain on sale of emission allowances 0  
(Gain)/loss on sale of assets 0 0
Changes in other working capital 577 63
Cash provided/(used) by continuing operations   32
Cash used by discontinued operations   0
Net Cash Provided/(Used) by Operating Activities 0 32
Cash Flows from Investing Activities    
Dividends from NRG Yield, Inc. (25) (22)
Intercompany dividends   (129)
Acquisition of Drop Down Assets, net of cash acquired 42 131
Acquisitions of businesses, net of cash acquired 0 0
Capital expenditures 0 0
Decrease in notes receivable 0 0
Purchases of emission allowances 0 0
Proceeds from sale of emission allowances 0 0
Investments in nuclear decommissioning trust fund securities 0 0
Proceeds from the sale of nuclear decommissioning trust fund securities 0 0
Proceeds from sale of assets, net of cash disposed of 0 0
Change in investments in unconsolidated affiliates 0 0
Other   0
Cash (used)/provided by continuing operations   (20)
Cash used by discontinued operations   0
Net Cash (Used)/Provided by Investing Activities 17 (20)
Cash Flows from Financing Activities    
Dividends from NRG Yield, Inc. 25 22
Payment from/(for) intercompany loans 0 (32)
Acquisition of Drop Down Assets, net of cash acquired (42) (131)
Intercompany dividends   129
Payment of dividends to common and preferred stockholders 0 0
Payment for treasury stock 0  
Net receipts from settlement of acquired derivatives that include financing elements   0
Proceeds from issuance of long-term debt 0 0
Payments for short and long-term debt 0 0
Distributions to, net of contributions from, noncontrolling interests in subsidiaries 0 0
Payment of debt issuance costs 0 0
Other - contingent consideration   0
Cash used by continuing operations   (12)
Cash used by discontinued operations   0
Net Cash Used by Financing Activities (17) (12)
Effect of exchange rate changes on cash and cash equivalents   0
Change in Cash from discontinued operations   0
Net Decrease in Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash 0 0
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at Beginning of Period 0 0
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at End of Period 0 0
Guarantor Subsidiaries    
Cash Flows from Operating Activities    
Net Income/(Loss) 346 78
(Loss)/income from discontinued operations   0
Net income   78
Adjustments to reconcile net income to net cash provided/(used) by operating activities:    
Distributions from unconsolidated affiliates 0 0
Equity in losses of unconsolidated affiliates 0 1
Depreciation and amortization 73 99
Provision for bad debts 17 8
Amortization of nuclear fuel 13 12
Amortization of financing costs and debt discount/premiums 0 0
Adjustment for debt extinguishment 0  
Amortization of intangibles and out-of-market contracts 3 6
Amortization of unearned equity compensation 0 0
Changes in deferred income taxes and liability for uncertain tax benefits 114 19
Changes in nuclear decommissioning trust liability 34 36
Changes in derivative instruments 5 (4)
Changes in collateral deposits in support of energy risk management activities 162 (136)
Gain on sale of emission allowances (8)  
(Gain)/loss on sale of assets (3) (2)
Changes in other working capital (442) (118)
Cash provided/(used) by continuing operations   (1)
Cash used by discontinued operations   0
Net Cash Provided/(Used) by Operating Activities 314 (1)
Cash Flows from Investing Activities    
Dividends from NRG Yield, Inc. 0 0
Intercompany dividends   0
Acquisition of Drop Down Assets, net of cash acquired 0 0
Acquisitions of businesses, net of cash acquired (2) 0
Capital expenditures (61) (64)
Decrease in notes receivable 0 0
Purchases of emission allowances (17) (9)
Proceeds from sale of emission allowances 23 11
Investments in nuclear decommissioning trust fund securities (216) (153)
Proceeds from the sale of nuclear decommissioning trust fund securities 182 117
Proceeds from sale of assets, net of cash disposed of 10 11
Change in investments in unconsolidated affiliates 0 0
Other   18
Cash (used)/provided by continuing operations   (69)
Cash used by discontinued operations   0
Net Cash (Used)/Provided by Investing Activities (81) (69)
Cash Flows from Financing Activities    
Dividends from NRG Yield, Inc. 0 0
Payment from/(for) intercompany loans 18 65
Acquisition of Drop Down Assets, net of cash acquired 0 0
Intercompany dividends   0
Payment of dividends to common and preferred stockholders 0 0
Payment for treasury stock 0  
Net receipts from settlement of acquired derivatives that include financing elements   0
Proceeds from issuance of long-term debt 0 0
Payments for short and long-term debt 0 0
Distributions to, net of contributions from, noncontrolling interests in subsidiaries 0 0
Payment of debt issuance costs 0 0
Other - contingent consideration   0
Cash used by continuing operations   65
Cash used by discontinued operations   0
Net Cash Used by Financing Activities 18 65
Effect of exchange rate changes on cash and cash equivalents   0
Change in Cash from discontinued operations   0
Net Decrease in Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash 251 (5)
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at Beginning of Period 41 13
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at End of Period 292 8
Non-Guarantor Subsidiaries    
Cash Flows from Operating Activities    
Net Income/(Loss) 148 (89)
(Loss)/income from discontinued operations   (37)
Net income   (52)
Adjustments to reconcile net income to net cash provided/(used) by operating activities:    
Distributions from unconsolidated affiliates 13 18
Equity in losses of unconsolidated affiliates 1 (7)
Depreciation and amortization 154 150
Provision for bad debts (2) 1
Amortization of nuclear fuel 0 0
Amortization of financing costs and debt discount/premiums 10 11
Adjustment for debt extinguishment 0  
Amortization of intangibles and out-of-market contracts 19 24
Amortization of unearned equity compensation 0 0
Changes in deferred income taxes and liability for uncertain tax benefits 27 (46)
Changes in nuclear decommissioning trust liability 0 0
Changes in derivative instruments (220) 43
Changes in collateral deposits in support of energy risk management activities 1 9
Gain on sale of emission allowances 0  
(Gain)/loss on sale of assets 1 0
Changes in other working capital 22 458
Cash provided/(used) by continuing operations   609
Cash used by discontinued operations   15
Net Cash Provided/(Used) by Operating Activities 174 624
Cash Flows from Investing Activities    
Dividends from NRG Yield, Inc. 0 0
Intercompany dividends   0
Acquisition of Drop Down Assets, net of cash acquired (42) (131)
Acquisitions of businesses, net of cash acquired (60) (3)
Capital expenditures (276) (168)
Decrease in notes receivable 3 4
Purchases of emission allowances 0 0
Proceeds from sale of emission allowances 0 0
Investments in nuclear decommissioning trust fund securities 0 0
Proceeds from the sale of nuclear decommissioning trust fund securities 0 0
Proceeds from sale of assets, net of cash disposed of 1 3
Change in investments in unconsolidated affiliates 2 (12)
Other   0
Cash (used)/provided by continuing operations   (307)
Cash used by discontinued operations   (32)
Net Cash (Used)/Provided by Investing Activities (372) (339)
Cash Flows from Financing Activities    
Dividends from NRG Yield, Inc. (25) (22)
Payment from/(for) intercompany loans 80 (428)
Acquisition of Drop Down Assets, net of cash acquired 0 0
Intercompany dividends   (129)
Payment of dividends to common and preferred stockholders 0 0
Payment for treasury stock 0  
Net receipts from settlement of acquired derivatives that include financing elements   1
Proceeds from issuance of long-term debt 179 167
Payments for short and long-term debt (222) (146)
Distributions to, net of contributions from, noncontrolling interests in subsidiaries 110 (5)
Payment of debt issuance costs (6) (10)
Other - contingent consideration   (10)
Cash used by continuing operations   (582)
Cash used by discontinued operations   (132)
Net Cash Used by Financing Activities 116 (714)
Effect of exchange rate changes on cash and cash equivalents   (7)
Change in Cash from discontinued operations   (149)
Net Decrease in Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash (82) (287)
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at Beginning of Period 852 1,050
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at End of Period 770 763
NRG Energy, Inc. (Note Issuer)    
Cash Flows from Operating Activities    
Net Income/(Loss) 295 (166)
(Loss)/income from discontinued operations   3
Net income   (169)
Adjustments to reconcile net income to net cash provided/(used) by operating activities:    
Distributions from unconsolidated affiliates 0 0
Equity in losses of unconsolidated affiliates 1 1
Depreciation and amortization 8 8
Provision for bad debts 0 0
Amortization of nuclear fuel 0 0
Amortization of financing costs and debt discount/premiums 4 4
Adjustment for debt extinguishment 2  
Amortization of intangibles and out-of-market contracts 0 0
Amortization of unearned equity compensation 13 8
Changes in deferred income taxes and liability for uncertain tax benefits (144) 28
Changes in nuclear decommissioning trust liability 0 0
Changes in derivative instruments (14) (1)
Changes in collateral deposits in support of energy risk management activities 0 0
Gain on sale of emission allowances 0  
(Gain)/loss on sale of assets 0 0
Changes in other working capital (296) (601)
Cash provided/(used) by continuing operations   (722)
Cash used by discontinued operations   0
Net Cash Provided/(Used) by Operating Activities (131) (722)
Cash Flows from Investing Activities    
Dividends from NRG Yield, Inc. 25 22
Intercompany dividends   129
Acquisition of Drop Down Assets, net of cash acquired 0 0
Acquisitions of businesses, net of cash acquired 0 0
Capital expenditures (21) (4)
Decrease in notes receivable 0 0
Purchases of emission allowances 0 0
Proceeds from sale of emission allowances 0 0
Investments in nuclear decommissioning trust fund securities 0 0
Proceeds from the sale of nuclear decommissioning trust fund securities 0 0
Proceeds from sale of assets, net of cash disposed of 0 0
Change in investments in unconsolidated affiliates 0 0
Other   0
Cash (used)/provided by continuing operations   147
Cash used by discontinued operations   0
Net Cash (Used)/Provided by Investing Activities 4 147
Cash Flows from Financing Activities    
Dividends from NRG Yield, Inc. 0 0
Payment from/(for) intercompany loans (98) 395
Acquisition of Drop Down Assets, net of cash acquired 42 131
Intercompany dividends   0
Payment of dividends to common and preferred stockholders (10) (9)
Payment for treasury stock (93)  
Net receipts from settlement of acquired derivatives that include financing elements   0
Proceeds from issuance of long-term debt 0 26
Payments for short and long-term debt (6) (31)
Distributions to, net of contributions from, noncontrolling interests in subsidiaries 0 0
Payment of debt issuance costs (1) (4)
Other - contingent consideration   0
Cash used by continuing operations   508
Cash used by discontinued operations   0
Net Cash Used by Financing Activities (166) 508
Effect of exchange rate changes on cash and cash equivalents   0
Change in Cash from discontinued operations   0
Net Decrease in Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash (293) (67)
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at Beginning of Period 643 323
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at End of Period $ 350 $ 256