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Acquisitions, Discontinued Operations and Dispositions (Tables)
 12 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Collective Collateral Facilities The Company also increased its collective collateral facilities by $3.4 billion as of the Acquisition Closing Date to meet the additional liquidity requirements related to the acquisition, as detailed in the following table:
(In millions)December 31, 2020
Revolving Credit Facility commitment increase(a)
$802 
Revolving Credit Facility new tranche(a)
273
Credit default swap facility150
Revolving accounts receivable financing facility750
Repurchase facility75
Facility agreement in connection with the sale of pre-capitalized trust securities(a)
874
Bilateral letter of credit facilities475
Total Increases to Liquidity and Collateral Facilities$3,399 
(a) Available upon the Acquisition Closing Date
Schedule of Purchase Price Allocation
The purchase price is provisionally allocated as follows:
(In millions)
Assets
Cash and cash equivalents$152 
Current assets3,374 
Property, plant and equipment166 
Goodwill and other intangibles (a)
3,446 
Other non-current assets687 
Total assets acquired7,825 
Liabilities
Current liabilities3,085 
Non-current liabilities1,038 
Total liabilities assumed4,123 
Direct Energy Purchase Price$3,702 
(a) Goodwill arising from the acquisition is attributed to the value of the platform acquired and the synergies expected from combining the operations of Direct Energy with NRG's existing businesses.
The purchase price was allocated as follows:
(In millions)
Account receivable$98 
Accounts payable(73)
Other net current and non-current working capital5 
Marketing partnership154 
Customer relationships85 
Trade name28 
Other intangible assets26 
Goodwill (a)
6 
 Stream Purchase Price $329 
(a) Goodwill arising from the acquisition is attributed to the value of the platform acquired and the synergies expected from combining the operations of Stream Energy with NRG's existing businesses. Goodwill of $5 million and $1 million was assigned to the Texas and East segments, respectively, and is not deductible for tax purposes
The purchase price was allocated as follows:
(In millions)
Net current and non-current working capital$46 
Other intangible assets133 
Goodwill34 
XOOM Purchase Price$213 
(a) Goodwill arising from the acquisition is attributed to the value of the platform acquired and the synergies expected from combining the operations of XOOM Energy with NRG's existing businesses. Goodwill of $28 million and $6 million was assigned to the Texas and East segments, respectively, and is deductible for tax purposes
Summary of Results of Discontinued Operations
Summarized results of South Central discontinued operations were as follows:    
Year Ended December 31,
(In millions)20192018
Operating revenues$31 $410 
Operating costs and expenses(23)(346)
Other income— 2 
Gain from operations of discontinued components8 66 
Gain on disposal of discontinued operations, net of tax20 — 
Gain from discontinued operations, including disposal, net of tax$28 $66 
Summarized results of NRG Yield, Inc. and Renewables Platform and Carlsbad discontinued operations were as follows:
(In millions)20192018
Operating revenues$19 $909 
Operating costs and expenses(9)(661)
Other expenses(5)(174)
Gain/(loss) from operations of discontinued components, before tax5 74 
Income tax expense— 4 
Gain/(loss) from discontinued operations, net of tax5 70 
Gain/(loss) on disposal of discontinued operations, net of tax265 (134)
Income/(expense) from California property tax indemnification22 (153)
Income/(expense) from other commitments, indemnification and fees4 (75)
Income/(loss) on disposal of discontinued operations, net of tax291 (362)
Income/(loss) from discontinued operations, net of tax$296 $(292)
Summarized results of discontinued operations were as follows:
Year Ended December 31,
(In millions)20192018
Interest income - affiliate$— $3 
Income/(loss) from discontinued operations, net of tax— 3 
Settlement consideration, insurance and services credit— 63 
Pension and post-retirement liability assumption— 21 
Other(3)(53)
(Loss)/income on disposal of discontinued operations, net of tax(3)31 
(Loss)/income from discontinued operations, net of tax$(3)$34