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Acquisitions, Discontinued Operations and Dispositions (Tables) | 9 Months Ended
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Sep. 30, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Purchase Price Allocation | The purchase price was provisionally allocated as follows:
| (In millions)
Net current and non-current working capital | $ | 28 |
Other intangible assets | 283 |
Goodwill (a) | 18 |
Stream Purchase Price | $ | 329 |
(a) Goodwill arising from the acquisition is attributed to the value of the platform acquired and the synergies expected from combining the operations of Stream Energy with NRG's existing businesses. Goodwill is assigned to the Retail segment and is not deductible for tax purposes.
Schedule of Purchase Price Allocation, XOOM Acquisition | The acquisition increased NRG's retail portfolio by approximately 395,000 RCEs or 300,000 customers. The purchase price was allocated as follows:
| (In millions)
Net current and non-current working capital | $ | 46 |
Other intangible assets | 133 |
Goodwill | 34 |
XOOM Purchase Price | $ | 213 |
Summary of Results of Discontinued Operations | Summarized results of the South Central Portfolio discontinued operations were as follows:
| Three months ended |  |  |  | Nine months ended |  |
(In millions) | September 30, 2019 |  | September 30, 2018 |  | September 30, 2019 |  | September 30, 2018
Operating revenues | $ | — |  |  | $ | 101 |  |  | $ | 31 |  |  | $ | 310 |
Operating costs and expenses | — |  |  | (85) |  |  | (23) |  |  | (262) |
Gain from discontinued operations, net of tax | — |  |  | 16 |  |  | 8 |  |  | 48 |
(Loss)/gain on disposal of discontinued operations, net of tax | (1) |  |  | — |  |  | 27 |  |  | — |
(Loss)/gain from discontinued operations, including disposal, net of tax | $ | (1) |  |  | $ | 16 |  |  | $ | 35 |  |  | $ | 48 |
Summary of Major Classes of Assets and Liabilities Classified as Discontinued Operations | The following table summarizes the major classes of assets and liabilities classified as discontinued operations of the South Central Portfolio:
(In millions) |  |  | December 31, 2018
Cash and cash equivalents |  |  | $ | 89 |
Accounts receivable - trade, net |  |  | 49 |
Inventory |  |  | 35 |
Other current assets |  |  | 5 |
Current assets - discontinued operations |  |  | 178 |
Property, plant and equipment, net |  |  | 408 |
Other non-current assets |  |  | 1 |
Non-current assets - discontinued operations |  |  | 409 |
Accounts payable |  |  | 19 |
Other current liabilities |  |  | 5 |
Current liabilities - discontinued operations |  |  | 24 |
Out-of-market contracts, net |  |  | 50 |
Other non-current liabilities |  |  | 11 |
Non-current liabilities - discontinued operations |  |  | $ | 61 |
Summary of Results of NRG Yield and Renewables Platform and Carlsbad Discontinued Operations | Summarized results of NRG Yield, Inc. and the Renewables Platform and Carlsbad discontinued operations were as follows:
| Three months ended |  |  |  | Nine months ended |  |
(In millions) | September 30, 2019 |  | September 30, 2018 |  | September 30, 2019 |  | September 30, 2018
Operating revenues | $ | — |  |  | $ | 297 |  |  | $ | 19 |  |  | $ | 925 |
Operating costs and expenses | — |  |  | (229) |  |  | (9) |  |  | (682) |
Other expenses | — |  |  | (42) |  |  | (5) |  |  | (165) |
Gain from operations of discontinued components, before tax | — |  |  | 26 |  |  | 5 |  |  | 78 |
Income tax expense | — |  |  | 9 |  |  | — |  |  | 4 |
Gain from discontinued operations, net of tax | — |  |  | 17 |  |  | 5 |  |  | 74 |
(Loss)/gain on disposal of discontinued operations, net of tax | (1) |  |  | (139) |  |  | 330 |  |  | (139) |
(Expense)/income from California property tax indemnification | — |  |  | (153) |  |  | 22 |  |  | (153) |
(Expense)/income from other commitments, indemnification and fees | — |  |  | (77) |  |  | 5 |  |  | (77) |
(Loss)/gain on disposal of discontinued operations, net of tax | (1) |  |  | (369) |  |  | 357 |  |  | (369) |
(Loss)/gain from discontinued operations, including disposal, net of tax | $ | (1) |  |  | $ | (352) |  |  | $ | 362 |  |  | $ | (295) |
Summary of Major Classes of Assets And Liabilities Classified as Discontinued Operations Carlsbad | The following table summarizes the major classes of assets and liabilities classified as discontinued operations of Carlsbad:
(In millions) |  |  | December 31, 2018
Restricted cash |  |  | $ | 4 |
Accounts receivable - trade, net |  |  | 10 |
Other current assets |  |  | 5 |
Current assets - discontinued operations |  |  | 19 |
Property, plant and equipment, net |  |  | 590 |
Intangible assets, net |  |  | 9 |
Other non-current assets |  |  | 4 |
Non-current assets - discontinued operations |  |  | 603 |
Current portion of long-term debt and capital leases |  |  | 20 |
Accounts payable |  |  | 27 |
Other current liabilities |  |  | 1 |
Current liabilities - discontinued operations |  |  | 48 |
Long-term debt and capital leases |  |  | 572 |
Other non-current liabilities |  |  | 2 |
Non-current liabilities - discontinued operations |  |  | $ | 574 |
Summary of Results of GenOn Discontinued Operations | Summarized results of GenOn discontinued operations were as follows:
|  |  |  |  | Nine months ended |  |
(In millions) |  |  |  |  | September 30, 2019 |  | September 30, 2018
Interest income - affiliate |  |  |  |  | $ | — |  |  | $ | 3 |
Pension and post-retirement liability assumption |  |  |  |  | — |  |  | (2) |
Other |  |  |  |  | 2 |  |  | (26) |
Gain/(loss) from discontinued operations, net of tax |  |  |  |  | $ | 2 |  |  | $ | (25) |

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