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Other Long-Term Liabilities (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Sep. 30, 2015
Other Long-Term Liabilities    
Interest rate swap liabilities $ 1,800 $ 1,627
EnergyRight® financing obligation 198 208
Currency swap liabilities 77 [1] 47 [2]
Total other long-term liabilities 2,447 2,219
Other Noncurrent Liabilities    
Other Long-Term Liabilities    
Interest rate swap liabilities 1,800 1,627
EnergyRight® financing obligation 141 148
Environmental agreements liability 32 55
Currency swap liabilities 77 47
Membership interests of VIE subject to mandatory redemption 34 35
Commodity contract derivative liabilities 76 17
Commodity swap derivative liabilities 7 10
Other 280 280
Accounts payable and accrued liabilities    
Other Long-Term Liabilities    
EnergyRight® financing obligation $ 35 $ 37
[1] Due to the right of setoff and method of settlement, TVA elects to record commodity derivatives under the FTP based on its net commodity position with the counterparty or FCM. Deposits are made to TVA's margin cash accounts held with each FCM to offset any net liability positions in full for derivatives that are transacted with FCMs. TVA records currency swaps net of cash collateral received from or paid to the counterparty, to the extent such amount is not recorded in Accounts payable and accrued liabilities. See Note 12 — Offsetting of Derivative Assets and Liabilities.
[2] Due to the right of setoff and method of settlement, TVA elects to record commodity derivatives under the FTP based on its net commodity position with the counterparty or FCM. Deposits are made to TVA's margin cash accounts held with each FCM to offset any net liability positions in full for derivatives that are transacted with FCMs. TVA records currency swaps net of cash collateral received from or paid to the counterparty, to the extent such amount is not recorded in Accounts payable and accrued liabilities. See Note 12 — Offsetting of Derivative Assets and Liabilities.