XML 83 R21.htm IDEA: XBRL DOCUMENT v3.20.1

Segment Reporting

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

As part of perfecting the integrated model, in which the majority of the Company’s generation serves its retail customers, the Company began managing its operations based on the combined results of the retail and wholesale generation businesses with a geographical focus in 2020. As a result, the Company changed its business segments from Retail and Generation to Texas, East and West/Other beginning in the first quarter of 2020, as further described in Note 1, Nature of Business. The Company's updated segment structure reflects how management currently makes financial decisions and allocates resources The financial information for the three months ended March 31, 2019 was recast to reflect the current segment structure.

In February 2019, as described in Note 4, Discontinued Operations and Dispositions, the Company completed the sales of the South Central Portfolio and Carlsbad. The financial information for the three months ended March 31, 2019 presented below reflects the presentation of these entities as discontinued operations within the corporate segment.

NRG’s chief operating decision maker, its chief executive officer, evaluates the performance of its segments based on operational measures including adjusted earnings before interest, taxes, depreciation and amortization, or Adjusted EBITDA, free cash flow and allocation of capital, as well as net income/(loss).

			Three months ended March 31, 2020
(In millions)			Texas						East						West/Other						Corporate						Eliminations						Total
Operating revenues			$	1,358					$	539					$	125					$	—					$	(3)					$	2,019
Depreciation and amortization			59						33						8						9						—						109
Reorganization costs			1						—						—						2						—						3
Gain on sale of assets			—						—						1						5						—						6
Equity in losses of unconsolidated affiliates			—						—						(11)						—						—						(11)
Income/(loss) from continuing operations before income taxes			162						24						41						(82)						(1)						144
Net income/(loss)			$	162					$	24					$	41					$	(105)					$	(1)					$	121

						Three months ended March 31, 2019
(In millions)						Texas						East						West/Other						Corporate						Eliminations						Total
Operating revenues						$	1,466					$	609					$	93					$	(1)					$	(2)					$	2,165
Depreciation and amortization						40						26						11						8						—						85
Reorganization costs						1						—						—						12						—						13
Gain on sale of assets						—						1						—						—						—						1
Equity in losses of unconsolidated affiliates						(3)						—						(18)						—						—						(21)
Income/(loss) from continuing operations before income taxes						150						99						(23)						(127)						(1)						98
Income/(loss) from continuing operations						150						99						(23)						(131)						(1)						94
Income from discontinued operations, net of tax						—						—						—						388						—						388
Net income/(loss)						$	150					$	99					$	(23)					$	257					$	(1)					$	482

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Name:	us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration