XML 96 R85.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidating Financial Information - CONSOLIDATING STATEMENTS OF OPERATIONS (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating Revenues            
Total operating revenues $ 2,238   $ 2,465   $ 4,257 $ 4,630
Operating Costs and Expenses            
Cost of operations 1,434   1,845   2,891 3,496
Depreciation and amortization 110   85   219 170
Impairment losses 0   1   0 1
Selling, general and administrative costs 208   211   417 405
Reorganization costs 0   2   3 15
Development costs 2   2   5 4
Total operating costs and expenses 1,754   2,146   3,535 4,091
Gain on sale of assets 0   1   6 2
Operating Income/(Loss) 484   320   728 541
Other Income/(Expense)            
Equity in earnings of consolidated subsidiaries 0   0   0 0
Equity in earnings/(losses) of unconsolidated affiliates 12   0   1 (21)
Impairment losses on investments 0   0   (18) 0
Other income, net 14   20   41 32
Loss on debt extinguishment, net 0   (47)   (1) (47)
Interest expense (96)   (105)   (193) (219)
Total other income/(expense) (70)   (132)   (170) (255)
Income from Continuing Operations Before Income Taxes 414   188   558 286
Income tax expense/(benefit) 101   (1)   124 3
Income from Continuing Operations 313   189   434 283
Income from discontinued operations, net of income tax 0   13   0 401
Net Income 313   202   434 684
Less: Net income attributable to redeemable noncontrolling interests 0   1   0 1
Net Income Attributable to NRG Energy, Inc. 313 $ 121 201 $ 482 434 683
Eliminations            
Operating Revenues            
Total operating revenues 2   (7)   (9) (6)
Operating Costs and Expenses            
Cost of operations 2   (7)   (9) (6)
Depreciation and amortization 0   0   0 0
Impairment losses     0     0
Selling, general and administrative costs 0   0   0 0
Reorganization costs     0   0 0
Development costs 0   0   0 0
Total operating costs and expenses 2   (7)   (9) (6)
Gain on sale of assets     0   0 0
Operating Income/(Loss) 0   0   0 0
Other Income/(Expense)            
Equity in earnings of consolidated subsidiaries (586)   (432)   (851) (741)
Equity in earnings/(losses) of unconsolidated affiliates 0       0 0
Impairment losses on investments         0  
Other income, net 0   0   0 0
Loss on debt extinguishment, net     0   0 0
Interest expense 0   0   0 0
Total other income/(expense) (586)   (432)   (851) (741)
Income from Continuing Operations Before Income Taxes (586)   (432)   (851) (741)
Income tax expense/(benefit) 0   0   0 0
Income from Continuing Operations     (432)     (741)
Income from discontinued operations, net of income tax     0     0
Net Income (586)   (432)   (851) (741)
Less: Net income attributable to redeemable noncontrolling interests     0     0
Net Income Attributable to NRG Energy, Inc. (586)   (432)   (851) (741)
Guarantor Subsidiaries            
Operating Revenues            
Total operating revenues 2,055   2,140   3,833 3,909
Operating Costs and Expenses            
Cost of operations 1,271   1,590   2,561 2,948
Depreciation and amortization 80   51   160 105
Impairment losses     1     1
Selling, general and administrative costs 137   112   277 234
Reorganization costs     0   0 0
Development costs 0   0   0 0
Total operating costs and expenses 1,488   1,754   2,998 3,288
Gain on sale of assets     0   0 1
Operating Income/(Loss) 567   386   835 622
Other Income/(Expense)            
Equity in earnings of consolidated subsidiaries 3   2   6 12
Equity in earnings/(losses) of unconsolidated affiliates 0       0 0
Impairment losses on investments         0  
Other income, net 7   4   10 8
Loss on debt extinguishment, net     0   0 0
Interest expense (4)   (3)   (9) (7)
Total other income/(expense) 6   3   7 13
Income from Continuing Operations Before Income Taxes 573   389   842 635
Income tax expense/(benefit) 0   0   0 0
Income from Continuing Operations     389     635
Income from discontinued operations, net of income tax     0     9
Net Income 573   389   842 644
Less: Net income attributable to redeemable noncontrolling interests     0     0
Net Income Attributable to NRG Energy, Inc. 573   389   842 644
Non-Guarantor Subsidiaries            
Operating Revenues            
Total operating revenues 181   332   433 727
Operating Costs and Expenses            
Cost of operations 154   252   356 535
Depreciation and amortization 20   26   39 49
Impairment losses     0     0
Selling, general and administrative costs 7   12   12 28
Reorganization costs     0   0 0
Development costs 1   1   1 1
Total operating costs and expenses 182   291   408 613
Gain on sale of assets     1   1 1
Operating Income/(Loss) (1)   42   26 115
Other Income/(Expense)            
Equity in earnings of consolidated subsidiaries 0   0   0 0
Equity in earnings/(losses) of unconsolidated affiliates 12       1 (21)
Impairment losses on investments         (18)  
Other income, net 5   8   4 9
Loss on debt extinguishment, net     0   0 0
Interest expense (2)   (5)   (3) (9)
Total other income/(expense) 15   3   (16) (21)
Income from Continuing Operations Before Income Taxes 14   45   10 94
Income tax expense/(benefit) 1   1   1 1
Income from Continuing Operations     44     93
Income from discontinued operations, net of income tax     0     5
Net Income 13   44   9 98
Less: Net income attributable to redeemable noncontrolling interests     1     1
Net Income Attributable to NRG Energy, Inc. 13   43   9 97
NRG Energy, Inc. (Note Issuer)            
Operating Revenues            
Total operating revenues 0   0   0 0
Operating Costs and Expenses            
Cost of operations 7   10   (17) 19
Depreciation and amortization 10   8   20 16
Impairment losses     0     0
Selling, general and administrative costs 64   87   128 143
Reorganization costs     2   3 15
Development costs 1   1   4 3
Total operating costs and expenses 82   108   138 196
Gain on sale of assets     0   5 0
Operating Income/(Loss) (82)   (108)   (133) (196)
Other Income/(Expense)            
Equity in earnings of consolidated subsidiaries 583   430   845 729
Equity in earnings/(losses) of unconsolidated affiliates 0       0 0
Impairment losses on investments         0  
Other income, net 2   8   27 15
Loss on debt extinguishment, net     (47)   (1) (47)
Interest expense (90)   (97)   (181) (203)
Total other income/(expense) 495   294   690 494
Income from Continuing Operations Before Income Taxes 413   186   557 298
Income tax expense/(benefit) 100   (2)   123 2
Income from Continuing Operations     188     296
Income from discontinued operations, net of income tax     13     387
Net Income 313   201   434 683
Less: Net income attributable to redeemable noncontrolling interests     0     0
Net Income Attributable to NRG Energy, Inc. $ 313   $ 201   $ 434 $ 683