Other Long-Term Assets

The table below summarizes the types and amounts of TVA’s other long-term assets:



Other Long-Term Assets At September 30
	2014		2013
EnergyRight^®receivables	$	123	$	117
Unamortized debt issue cost of power bonds	68		75
Loans and other long-term receivables, net	87		73
Coal contract derivative assets	—		1
Prepaid capacity payments	58		62
Currency swap assets, net	—		28
Restricted cash	64		—
Other	83		89
Total other long-term assets	$	483	$	445

In association with the EnergyRight^® Solutions program, LPCs offer financing to end-use customers for the purchase of energy-efficient equipment. TVA purchases the resulting loans receivable from its LPCs. The loans receivable are then transferred to a third-party bank with which TVA has agreed to repay in full any loan receivable that has been in default for 180 days or more or that TVA has determined is uncollectible. Given this continuing involvement, TVA accounts for the transfer of the loans receivable as secured borrowings. The current and long-term portions of the loans receivable are reported in Accounts receivable, net and Other long-term assets, respectively, on TVA’s consolidated balance sheets. As of September 30, 2014 and September 30, 2013, the carrying amount of the loans receivable, net of discount, reported in Accounts receivable, net was approximately $33 million. See Note 11 for information regarding the associated financing obligation.