XML 77 R45.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Debt and Other Obligations Debt and Other Obligations (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2014
Debt and Other Obligations [Abstract] |
Debt Securities Activity | The table below summarizes the long-term debt securities activity for the period from October 1, 2012, to September 30, 2014.
Debt Securities Activity For the years ended September 30
|  | 2014 |  | 2013
Issues |  |  |  |
Variable interest entities |  | $ | — |  |  | $ | 360 |
electronotes® |  | — |  |  | 152 |
2012 Series B(1) |  | — |  |  | 1,000 |
2013 Series A(2) |  | — |  |  | 1,000 |
2014 Series A(3) |  | 1,000 |  |  | — |
Discount on debt issues |  | (11 | ) |  | (30 | )
Total |  | $ | 989 |  |  | $ | 2,482 |
Redemptions/Maturities(4) |  |  |  |
Variable interest entities |  | $ | 30 |  |  | $ | 13 |
electronotes® |  | 335 |  |  | 50 |
1998 Series C |  | — |  |  | 1,359 |
1998 Series D |  | — |  |  | 2 |
1999 Series A |  | — |  |  | 1 |
2003 Series C |  | — |  |  | 940 |
2009 Series A |  | 4 |  |  | 4 |
2009 Series B |  | 26 |  |  | 2 |
Total |  | $ | 395 |  |  | $ | 2,371 |
Notes (1) The 2012 Series B bonds were issued at 97.49 percent of par. (2) The 2013 Series A bonds were issued at 99.52 percent of par. (3) The 2014 Series A bonds were issued at 98.94 percent of par. (4) All redemptions were at 100 percent of par.
Debt Outstanding | Total debt outstanding at September 30, 2014, and 2013, consisted of the following:
Short-Term Debt At September 30
CUSIP or Other Identifier |  | Maturity |  | Call/(Put) Date |  | Coupon Rate |  | 2014 |  | 2013
Short-term debt, net of discounts |  |  |  |  |  |  |  | $ | 596 |  |  | $ | 2,432 |
Current maturities of long-term debt of variable interest entities issued at par |  |  |  |  |  |  |  | 32 |  |  | 30 |
Current maturities of power bonds issued at par |  |  |  |  |  |  |  |  |  |
880591EE8 |  | 11/15/2014 |  |  |  | 2.250% |  | 3 |  |  | 3 |
880591EF5 |  | 12/15/2014 |  |  |  | 3.770% |  | 26 |  |  | 26 |
880591DY5 |  | 6/15/2015 |  |  |  | 4.375% |  | 1,000 |  |  | — |
88059TEL1 |  | 11/15/2014 |  |  |  | 2.650% |  | 3 |  |  | 3 |
Total current maturities of power bonds issued at par |  |  |  |  |  |  |  | 1,032 |  |  | 32 |
Total current debt outstanding, net |  |  |  |  |  |  |  | $ | 1,660 |  |  | $ | 2,494 |
Long-Term Debt(1) At September 30
CUSIP or Other Identifier |  | Maturity |  | Coupon Rate |  | Call Date |  | 2014 Par |  | 2013 Par |  | Stock Exchange Listings
electronotes®(2) |  | 05/15/2020 - 02/15/2043 |  | 2.375 - 4.375% |  | 2/15/2015 - 02/15/2018 |  | $ | 387 |  |  | $ | 723 |  |  | None
880591DY5 |  | 6/15/2015 |  | 4.375% |  |  |  | — |  |  | 1,000 |  |  | New York, Luxembourg
880591EE8(3) |  | 11/15/2015 |  | 2.250% |  |  |  | 2 |  |  | 4 |  |  | None
880591DS8 |  | 12/15/2016 |  | 4.875% |  |  |  | 524 |  |  | 524 |  |  | New York
880591EA6 |  | 7/18/2017 |  | 5.500% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York, Luxembourg
880591CU4 |  | 12/15/2017 |  | 6.250% |  |  |  | 650 |  |  | 650 |  |  | New York
880591EC2 |  | 4/1/2018 |  | 4.500% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York, Luxembourg
880591EQ1 |  | 10/15/2018 |  | 1.750% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York
880591EL2 |  | 2/15/2021 |  | 3.875% |  |  |  | 1,500 |  |  | 1,500 |  |  | New York
880591DC3 |  | 6/7/2021 |  | 5.805% | (4 | ) |  |  | 324 |  |  | 324 |  |  | New York, Luxembourg
880591EN8 |  | 8/15/2022 |  | 1.875% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York
880591ER9 |  | 9/15/2024 |  | 2.875% |  |  |  | 1,000 |  |  | — |  |  | New York
880591CJ9 |  | 11/1/2025 |  | 6.750% |  |  |  | 1,350 |  |  | 1,350 |  |  | New York, Hong Kong, Luxembourg, Singapore
880591300(5) |  | 6/1/2028 |  | 3.830% |  |  |  | 324 |  |  | 324 |  |  | New York
880591409(5) |  | 5/1/2029 |  | 3.955% |  |  |  | 270 |  |  | 270 |  |  | New York
880591DM1 |  | 5/1/2030 |  | 7.125% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York, Luxembourg
880591DP4 |  | 6/7/2032 |  | 6.587% | (4 | ) |  |  | 406 |  |  | 405 |  |  | New York, Luxembourg
880591DV1 |  | 7/15/2033 |  | 4.700% |  |  |  | 472 |  |  | 472 |  |  | New York, Luxembourg
880591EF5(3) |  | 6/15/2034 |  | 3.770% |  |  |  | 388 |  |  | 414 |  |  | None
880591DX7 |  | 6/15/2035 |  | 4.650% |  |  |  | 436 |  |  | 436 |  |  | New York
880591CK6 |  | 4/1/2036 |  | 5.980% |  |  |  | 121 |  |  | 121 |  |  | New York
880591CS9 |  | 4/1/2036 |  | 5.880% |  |  |  | 1,500 |  |  | 1,500 |  |  | New York
880591CP5 |  | 1/15/2038 |  | 6.150% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York
880591ED0 |  | 6/15/2038 |  | 5.500% |  |  |  | 500 |  |  | 500 |  |  | New York
880591EH1 |  | 9/15/2039 |  | 5.250% |  |  |  | 2,000 |  |  | 2,000 |  |  | New York
880591EP3 |  | 12/15/2042 |  | 3.500% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York
880591DU3 |  | 6/7/2043 |  | 4.962% | (4 | ) |  |  | 243 |  |  | 243 |  |  | New York, Luxembourg
880591CF7 |  | 7/15/2045 |  | 6.235% |  | 7/15/2020 |  | 140 |  |  | 140 |  |  | New York
880591EB4 |  | 1/15/2048 |  | 4.875% |  |  |  | 500 |  |  | 500 |  |  | New York, Luxembourg
880591DZ2 |  | 4/1/2056 |  | 5.375% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York
880591EJ7 |  | 9/15/2060 |  | 4.625% |  |  |  | 1,000 |  |  | 1,000 |  |  | New York
Subtotal |  |  |  |  |  |  |  | 22,037 |  |  | 22,400 |  |  |
Unamortized discounts, premiums, and other |  |  |  |  |  |  |  | (89 | ) |  | (85 | ) |  |
Total long-term outstanding power bonds, net |  |  |  |  |  |  |  | 21,948 |  |  | 22,315 |  |  |
Long-term debt of variable interest entities |  |  |  |  |  |  |  | 1,279 |  |  | 1,311 |  |  |
Total long-term debt, net |  |  |  |  |  |  |  | $ | 23,227 |  |  | $ | 23,626 |  |  |
Notes (1) Includes net exchange losses from currency transactions of $44 million at September 30, 2014 and $43 million at September 30, 2013. (2) Includes one electronotes® issue with partial maturities of principal for each required annual payment. (3) These Bonds include partial maturities of principal for each required annual payment. (4) The coupon rate represents TVA’s effective interest rate. (5) TVA PARRS, CUSIP numbers 880591300 and 880591409, may be redeemed under certain conditions. See Put and Call Options.
Maturities Due |
Maturities Due in the Year Ending September 30
| 2015 |  | 2016 |  | 2017 |  | 2018 |  | 2019 |  | Thereafter |  | Total
Long-term power bonds and long-term debt of variable interest entities including current maturities(1) | $ | 1,064 |  |  | $ | 65 |  |  | $ | 1,590 |  |  | $ | 1,718 |  |  | $ | 1,070 |  |  | $ | 18,829 |  |  | $ | 24,336 |
Short-term debt, net of discounts | 596 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 596 |
Note (1) Does not include noncash items of foreign currency exchange loss of $44 million and net discount on sale of Bonds of $89 million.

X
- Details
Name: | tve_DebtAndOtherObligationsAbstract
Namespace Prefix: | tve_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of debt issues, redemptions, and maturities + References No definition available. + Details
Name: | tve_DebtSecuritiesTableTextBlock
Namespace Prefix: | tve_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration