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Changes in Capital Structure (Tables)
 3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Changes in NRG's common shares issued and outstanding
As of March 31, 2022 and December 31, 2021, 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, 2021423,547,174 (179,793,275)243,753,899 
Shares issued under LTIPs292,630 — 292,630 
Shares repurchased — (4,830,389)(4,830,389)
Balance as of March 31, 2022423,839,804 (184,623,664)239,216,140 
Shares issued under LTIPs13,213 — 13,213 
Shares issued under ESPP— 68,941 68,941 
Shares repurchased— (2,014,734)(2,014,734)
Balance as of April 30, 2022
423,853,017 (186,569,457)237,283,560 
Shares Repurchased
The following repurchases have been made during the three months ended March 31, 2022 and through April 30, 2022:
Total number of shares and share equivalents purchasedAverage price paid per share and share equivalentAmounts paid for shares and share equivalents purchased (in millions)
2022 repurchases
Repurchases(a)
4,830,389 $187 
Equivalent shares purchased in lieu of tax withholdings on equity compensation issuances(b)
131,899 6 
Total Share Repurchases during the three months ended March 31, 20224,962,288 $38.78193 
Repurchases made during April 2022
2,014,734 $76 
Equivalent shares purchased in lieu of tax withholdings on equity compensation issuances(b)
5,465 — 
Total Share Repurchases January 1, 2022 through April 30, 2022
6,982,487 $38.55$269 
(a)Includes $10 million accrued as of March 31, 2022
(b)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 $43.03 and $39.19 for the three months ended March 31, 2022 and for April 2022, respectively