SEC Filings

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

 
Gross Amounts Not Offset in the Statement of Financial Position
 
Gross Amounts of Recognized Assets/Liabilities
 
Derivative Instruments
 
Cash Collateral (Held)/Posted
 
Net Amount
As of December 31, 2014
(In millions)
Commodity contracts:
 
 
 
 
 
 
 
Derivative assets
$
2,902

 
$
(2,155
)
 
$
(72
)
 
$
675

Derivative liabilities
(2,327
)
 
2,155

 
27

 
(145
)
Total commodity contracts
575

 

 
(45
)
 
530

Interest rate contracts:
 
 
 
 
 
 
 
Derivative assets
2

 
(2
)
 

 

Derivative liabilities
(165
)
 
2

 

 
(163
)
Total interest rate contracts
(163
)
 

 

 
(163
)
Equity contracts:
 
 
 
 
 
 
 
Derivative assets
1

 

 

 
1

Total derivative instruments
$
413


$


$
(45
)
 
$
368

Accumulated Other Comprehensive Income
The following tables summarize the effects on NRG's accumulated OCI balance attributable to cash flow hedge derivatives, net of tax:
 
Year Ended December 31, 2015
 
Energy
Commodities
 
Interest
Rate
 
Total
 
(In millions)
Accumulated OCI balance at December 31, 2014
$
(1
)
 
$
(67
)
 
$
(68
)
Reclassified from accumulated OCI to income:
 
 
 
 
 
Due to realization of previously deferred amounts
1

 
14

 
15

Mark-to-market of cash flow hedge accounting contracts

 
(48
)
 
(48
)
Accumulated OCI balance at December 31, 2015, net of $16 tax

 
(101
)
 
(101
)
Losses expected to be realized from OCI during the next 12 months, net of $3 tax
$

 
$
(18
)
 
$
(18
)
There were no gains or losses recognized in income from the ineffective portion of cash flow hedges for the year ended December 31, 2015.
 
Year Ended December 31, 2014
 
Energy
Commodities
 
Interest
Rate
 
Total
 
(In millions)
Accumulated OCI balance at December 31, 2013
$
(1
)
 
$
(22
)
 
$
(23
)
Reclassified from accumulated OCI to income:
 
 
 
 
 
Due to realization of previously deferred amounts

 
13

 
13

Mark-to-market of cash flow hedge accounting contracts

 
(58
)
 
(58
)
Accumulated OCI balance at December 31, 2014, net of $35 tax
$
(1
)
 
$
(67
)
 
$
(68
)
There were no gains or losses recognized in income from the ineffective portion of cash flow hedges for the year ended December 31, 2014.

157