NDT Funds

Securities held by Talen Energy's NDT funds are classified as available-for-sale.

The following table shows the amortized cost, the gross unrealized gains and losses recorded in AOCI and the fair value of Talen Energy's available-for-sale securities.



	March 31, 2016								December 31, 2015
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
NDT funds:
Cash and cash equivalents	$	7	$	—	$	—	$	7	$	11	$	—	$	—	$	11
Equity securities	301		409		—		710		297		406		—		703
Debt securities	233		12		—		245		230		7		—		237
Receivables/payables, net	2		—		—		2		—		—		—		—
Total NDT funds	$	543	$	421	$	—	$	964	$	538	$	413	$	—	$	951

See Note 12 for details on the securities held by the NDT funds.

There were no securities with credit losses at March 31, 2016 and December 31, 2015.

The following table shows the scheduled maturity dates of debt securities held at March 31, 2016.



	Maturity Less Than 1 Year		Maturity 1-5 Years		Maturity 6-10 Years		Maturity in Excess of 10 Years		Total
Amortized cost	$	5	$	106	$	68	$	54	$	233
Fair value	5		109		71		60		245

The following table shows proceeds from and realized gains and losses on sales of available-for-sale securities for the period ended March 31.



	Three Months
	2016		2015
Proceeds from sales of NDT securities (a)	$	54	$	38
Gross realized gains (b)	6		5
Gross realized losses (b)	8		3


(a)	These proceeds are used to pay income taxes and fees related to managing the trust. Remaining proceeds are reinvested in the trust.


(b)	Excludes the impact of other-than-temporary impairment charges recognized on the Statements of Income.