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Changes in Capital Structure (Tables)
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Changes in NRG's common shares issued and outstanding
The following table reflects the changes in NRG's common stock issued and outstanding:
 
Issued
 
Treasury
 
Outstanding
Balance as of December 31, 2017
418,323,134

 
(101,580,045
)
 
316,743,089

Shares issued under LTIPs
1,555,766

 

 
1,555,766

Shares issued under ESPP

 
175,862

 
175,862

Shares repurchased

 
(28,544,693
)
 
(28,544,693
)
Balance as of September 30, 2018
419,878,900

 
(129,948,876
)
 
289,930,024

Shares Repurchased
The following repurchases have been made during the nine months ended September 30, 2018.
 
Total number of shares purchased
 
Average price paid per share
 
Amounts paid for shares purchased  (in millions)
Board Authorized Share Repurchases
 
 
 
 
 
First Quarter 2018 (a)
3,114,748

 

 
$
93

Second Quarter 2018 (a) (b)
 
11,748,553

 

 
407

Third Quarter 2018 (b)
13,681,392

 
 
 
500

Total Board Authorized Share Repurchases as of September 30, 2018
28,544,693

 
(c)
 
$
1,000

 

 

 

(a) The average price paid per share and amounts paid for shares purchased exclude the commissions of $0.01 per share paid in connection with the open market share repurchase.
(b) The share repurchases for the second and the third quarter include 9,969,023 and 13,681,392 respectively of the shares repurchased through the ASR Agreements, as described below.
(c) The total number of shares repurchased under the $1 billion share repurchase program and the average price paid per share will be determined upon final settlement of the September ASR in which the financial institution may deliver additional shares to the Company.

Schedule of dividends paid
The following table lists the dividends paid during the nine months ended September 30, 2018:
 
Third Quarter 2018
 
Second Quarter 2018

First Quarter 2018
Dividends per Common Share
$
0.03

 
$
0.03


$
0.03