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Investments Accounted for Using the Equity Method and Variable Interest Entities, or VIEs
 9 Months Ended
Sep. 30, 2023
Variable Interest Entities Disclosure [Abstract]  
Investments Accounted for Using the Equity Method and Variable Interest Entities, or VIEs Investments Accounted for Using the Equity Method and Variable Interest Entities, or VIEs
Entities that are not Consolidated
NRG accounts for the Company's significant investments using the equity method of accounting. NRG's carrying value of equity investments can be impacted by a number of elements including impairments and movements in foreign currency exchange rates. During 2022, the equity method of accounting for Ivanpah was suspended based on losses generated by the project, including the impact of debt service and depreciation.
Variable Interest Entities that are Consolidated
The Company has a controlling financial interest that has been identified as a VIE under ASC 810 in NRG Receivables LLC, which has entered into financing transactions related to the Receivables Facility as further described in Note 13, Long-term Debt and Finance Leases, to the Company’s 2022 Form 10-K.
The summarized financial information for the Company's consolidated VIE consisted of the following:
(In millions)September 30, 2023December 31, 2022
Accounts receivable and Other current assets$1,796 $2,108 
Current liabilities153 152 
Net assets$1,643 $1,956