SEC Filings

10-K
NRG ENERGY, INC. filed this Form 10-K on 02/29/2016
Entire Document
 
                

2014 compared to 2013
The following table reflects the changes in cash flows for the comparative years:
 
Year ended December 31,
(In millions)
2014
 
2013
 
Change
Net cash provided by operating activities
$
1,510

 
$
1,270

 
$
240

Net cash used by investing activities
(2,903
)
 
(2,528
)
 
(375
)
Net cash provided by financing activities
1,265

 
1,427

 
(162
)
Net Cash Provided By Operating Activities
Changes to net cash provided by operating activities were driven by:
Increase in operating income adjusted for non-cash items
$
338

Change in cash paid in support of risk management activities
193

Other changes in working capital
(291
)
 
$
240

 Net Cash Used By Investing Activities
Changes to net cash used by investing activities were driven by:
Increase in cash paid for acquisitions, primarily related to the EME and Alta Wind acquisitions
$
(2,442
)
Decrease in capital expenditures due to decreased spending on growth projects
1,078

Increase in proceeds from renewable energy grants
861

Proceeds from the sale of assets
155

Increase in restricted cash
(101
)
Proceeds for payment of cash grant bridge loan
57

Other
17

 
$
(375
)
Net Cash Provided By Financing Activities
Changes in net cash provided by financing activities were driven by:
Net increase in borrowings, primarily due to the issuance of the 2022 and 2024 Senior Notes
$
2,786

Net increase in debt payments primarily due to the redemption of 2019 Senior Notes and the repayment of the cash grant bridge loans
(2,892
)
Decrease in financing element of acquired derivatives
(258
)
Cash contributions from noncontrolling interests
288

Increase in cash paid for debt issuance costs
(17
)
Increase in payment of dividends
(42
)
Contingent consideration payments
(18
)
Prior year repurchase of treasury shares, offset by increase in issuance of common shares
(9
)
 
(162
)


100