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Changes in Capital Structure (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Changes in NRG's common shares issued and outstanding
As of September 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 LTIPs1,150,559 — 1,150,559 
Shares issued under ESPP— 63,455 63,455 
Shares repurchased — (6,062,783)(6,062,783)
Balance as of September 30, 2020423,041,349 (178,893,929)244,147,420 
Shares issued under LTIPs5,400 — 5,400 
Shares issued under ESPP— 68,014 68,014 
Balance as of November 5, 2020423,046,749 (178,825,915)244,220,834 
Shares Repurchased The following repurchases have been made during the nine months ended September 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)
711,248 27 
Total Share Repurchases during the nine months ended September 30, 20206,774,031 $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 $38.23