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Changes in Capital Structure (Tables)
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Changes in NRG's common shares issued and outstanding
As of September 30, 2019 and December 31, 2018, the Company had 500,000,000 shares of common stock authorized. The following table reflects the changes in NRG's common stock issued and outstanding:
IssuedTreasuryOutstanding
Balance as of December 31, 2018420,288,886  (136,638,847) 283,650,039  
Shares issued under LTIPs1,570,958  —  1,570,958  
Shares repurchased —  (33,235,480) (33,235,480) 
Balance as of September 30, 2019421,859,844  (169,874,327) 251,985,517  
Shares issued under LTIPs subsequent to September 30, 20193,757  —  3,757  
Shares issued under ESPP—  46,128  46,128  
Shares repurchased subsequent to September 30, 2019—  (441,112) (441,112) 
Balance as of October 31, 2019421,863,601  (170,269,311) 251,594,290  
Shares Repurchased
The following repurchases have been made during the nine months ended September 30, 2019 and through October 31, 2019 under the share repurchase programs:
Total number of shares purchasedAverage price paid per share
Amounts paid for shares purchased (in millions)
Board Authorized Share Repurchases
2018 program:
Repurchases made during January-February to complete the 2018 program
6,153,415  $40.61  $250  
2019 programs:
Repurchases under February 28, 2019 Accelerated Share Repurchase Agreement- $1.0 billion share repurchase program (a)
9,438,671  400  
Other repurchases under the $1.0 billion share repurchase program (a)
16,615,479  600  
Total $1.0 billion share repurchase program26,054,150  38.38  1,000  
Repurchases made through September 30, 2019 under the $250 million share repurchase program (b)
1,027,915  36.99  38  
Total Share Repurchases during the nine months ended September 30, 201933,235,480  $1,288  
Repurchases made subsequent to September 30, 2019 under the $250 million program(b)
441,112  39.10  $17  
Total Share Repurchases during the period ended October 31, 201933,676,592  $1,305  
(a) The $1 billion share repurchase program was announced in February 2019
(b) The $250 million share repurchase program was announced in August 2019