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Subsequent Event (Notes)
3 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Credit Facility Amendment

On February 9, 2021, TVA executed a second amendment to its $150 million December Maturity Community Bank Credit Agreement dated as of December 12, 2016 and amended as of December 11, 2018, with Truist Bank, as Administrative Agent, Letter of Credit Issuer, and a Lender, First Horizon Bank, First National Bank, HomeTrust Bank, Pinnacle Bank, Regions Bank, SmartBank, and United Community Bank (the “Credit Agreement”). The second amendment, among other things, (1) extends the maturity date of the Credit Agreement to February 9, 2024, (2) changes the name of the Credit Agreement to the February Maturity Community Bank Credit Agreement, (3) adds new definitions, (4) adds provisions regarding a successor rate to LIBOR, (5) adds provisions regarding qualified financial contracts, and (6) updates the schedule of commitments and applicable percentages. The other material terms and conditions of the Credit Agreement were not changed.