SEC Filings

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

 
For the Year Ended December 31, 2015
 
 
 
NRG Home
 
 
 
 
 
 
 
 
 
 
 
NRG Business
 
Retail
 
Solar
 
NRG Renew
 
NRG Yield
 
Corporate
 
Eliminations 
 
Total
 
(in millions)
Operating revenues(a)
$
9,142

 
$
5,389

 
$
32

 
$
474

 
$
869

 
$
(14
)
 
$
(1,218
)
 
$
14,674

Operating expenses
7,811

 
4,577

 
204

 
218

 
324

 
61

 
(1,220
)
 
11,975

Depreciation and amortization
907

 
123

 
25

 
212

 
265

 
34

 

 
1,566

Impairment charges
4,827

 
36

 
132

 
13

 

 

 
22

 
5,030

Acquisition-related transaction and integration costs

 
1

 
(8
)
 

 
3

 
14

 

 
10

Development activity expenses
24

 

 

 
70

 

 
60

 

 
154

Total operating cost and expenses
13,569

 
4,737

 
353

 
513

 
592

 
169

 
(1,198
)
 
18,735

Gain on sale of assets
21

 

 

 

 

 

 

 
21

Operating (loss)/income
(4,406
)
 
652

 
(321
)
 
(39
)
 
277

 
(183
)
 
(20
)
 
(4,040
)
Equity in earnings/(losses) of unconsolidated affiliates
7

 

 

 
1

 
35

 

 
(7
)
 
36

Impairment losses on investments
(14
)
 

 

 


 

 
(42
)
 

 
(56
)
Other income, net
40

 

 

 
4

 
2

 
84

 
(97
)
 
33

Loss on sale of equity-method investment

 

 

 

 

 
(14
)
 

 
(14
)
(Loss)/gain on debt extinguishment

 

 

 

 
(9
)
 
84

 

 
75

Interest expense
(98
)
 

 
(3
)
 
(108
)
 
(238
)
 
(776
)
 
95

 
(1,128
)
(Loss)/income before income taxes
(4,471
)
 
652

 
(324
)
 
(142
)
 
67

 
(847
)
 
(29
)
 
(5,094
)
Income tax expense/(benefit)
1

 

 

 
(18
)
 
12

 
1,347

 

 
1,342

Net (loss)/income
$
(4,472
)
 
$
652

 
$
(324
)
 
$
(124
)
 
$
55

 
$
(2,194
)
 
$
(29
)
 
$
(6,436
)
Less: Net (loss)/income attributable to noncontrolling interests and redeemable noncontrolling interests
$

 
$

 
$
(20
)
 
$
6

 
$
19

 
$
(17
)
 
$
(42
)
 
$
(54
)
Net (loss)/income attributable to NRG Energy, Inc.
$
(4,472
)
 
$
652

 
$
(304
)
 
$
(130
)
 
$
36

 
$
(2,177
)
 
$
13

 
$
(6,382
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance sheet
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity investments in affiliates
185

 


 

 
134

 
798

 
276

 
(348
)
 
1,045

Capital expenditures(b)
798

 
30

 
144

 
163

 
30

 
102

 

 
1,267

Goodwill
536

 
340

 

 
12

 

 
111

 

 
999

Total assets
17,139

 
1,876

 
413

 
5,954

 
7,775

 
19,576

 
(19,851
)
 
32,882

(a) Operating revenues include inter-segment sales and net derivative gains and losses of:
$
947

 
$
6

 
$
1

 
$
23

 
$
29

 
$
212

 
$

 
$
1,218

(b) Includes accruals.

189