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Changes in Capital Structure (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Changes in NRG's common shares issued and outstanding
As of June 30, 2020 and December 31, 2019, 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, 2019421,890,790  (172,894,601) 248,996,189  
Shares issued under LTIPs1,140,987  —  1,140,987  
Shares issued under ESPP—  63,455  63,455  
Shares repurchased —  (6,062,783) (6,062,783) 
Balance as of June 30, 2020423,031,777  (178,893,929) 244,137,848  
Shares Repurchased The following repurchases have been made during the six months ended June 30, 2020:
Total number of shares purchasedAverage price paid per share
Amounts paid for shares purchased (in millions)
2020 repurchases:
Repurchases6,062,783  $197  
Equivalent shares purchased in lieu of tax withholdings on equity compensation issuances(a)
710,474  27  
Total Share Repurchases during the six months ended June 30, 20206,773,257  $33.05$224  
(a) NRG elected to pay cash for tax withholding on equity awards instead of issuing actual shares to management. The average price per equivalent shares withheld was $38.24