XML 76 R47.htm IDEA: XBRL DOCUMENT v3.5.0.2
Other Long-Term Liabilities (Details) - USD ($)
$ in Millions
Jun. 30, 2016
Sep. 30, 2015
Other Long-Term Liabilities    
Interest rate swap liabilities $ 1,912 $ 1,627
Capital lease obligations 455 537
EnergyRight® financing obligation 188 208
Currency swap liabilities 167 [1] 47 [2]
Total other long-term liabilities 2,765 2,219
Other Noncurrent Liabilities    
Other Long-Term Liabilities    
Interest rate swap liabilities 1,912 1,627
Capital lease obligations 182 100
EnergyRight® financing obligation 134 148
Environmental agreements liability 25 55
Currency swap liabilities 167 47
Membership interests of VIE subject to mandatory redemption 34 35
Commodity contract derivative liabilities 72 17
Commodity swap derivative liabilities 4 10
Other 235 180
Accounts payable and accrued liabilities    
Other Long-Term Liabilities    
EnergyRight® financing obligation $ 33 $ 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.