SEC Filings

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

NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
December 31, 2015
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
 
Eliminations (a)
 
Consolidated Balance
 
(In millions)
ASSETS
 
 
 
 
 
 
 
 
 
Current Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$

 
$
825

 
$
693

 
$

 
$
1,518

Funds deposited by counterparties
55

 
51

 

 

 
106

Restricted cash
5

 
409

 

 

 
414

Accounts receivable - trade, net
851

 
304

 
2

 

 
1,157

Accounts receivable - Affiliate
395

 
260

 
571

 
(1,222
)
 
4

Inventory
570

 
682

 

 

 
1,252

Derivative instruments
1,202

 
871

 

 
(158
)
 
1,915

Cash collateral paid in support of energy risk management activities
474

 
94

 

 

 
568

Renewable energy grant receivable

 
13

 

 

 
13

Current assets held-for-sale

 
6

 

 

 
6

Prepayments and other current assets
93

 
274

 
71

 

 
438

     Total current assets
3,645

 
3,789

 
1,337

 
(1,380
)
 
7,391

Net Property, Plant and Equipment
4,767

 
13,773

 
219

 
(27
)
 
18,732

Other Assets
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
842

 
2,244

 
11,039

 
(14,125
)
 

Equity investments in affiliates
(14
)
 
1,160

 
1

 
(102
)
 
1,045

Notes receivable, less current portion

 
46

 
7

 

 
53

Goodwill
697

 
302

 

 

 
999

Intangible assets, net
763

 
1,551

 
2

 
(6
)
 
2,310

Nuclear decommissioning trust fund
561

 

 

 

 
561

Deferred income taxes
(6
)
 
815

 
(642
)
 

 
167

Derivative instruments
153

 
184

 

 
(32
)
 
305

Non-current assets held for sale

 
105

 

 

 
105

Other non-current assets
80

 
749

 
385

 

 
1,214

    Total other assets
3,076

 
7,156

 
10,792

 
(14,265
)
 
6,759

Total Assets
$
11,488

 
$
24,718

 
$
12,348

 
$
(15,672
)
 
$
32,882

LIABILITIES AND STOCKHOLDERS' EQUITY
 
 
 
 
 
 
 
 
 
Current Liabilities
 
 
 
 
 
 
 
 
 
Current portion of long-term debt and capital leases
$
2

 
$
460

 
$
19

 
$

 
$
481

Accounts payable
553

 
277

 
39

 

 
869

Accounts payable - affiliate
151

 
2,000

 
(929
)
 
(1,222
)
 

Derivative instruments
1,130

 
749

 

 
(158
)
 
1,721

Cash collateral received in support of energy risk management activities
55

 
51

 

 

 
106

Accrued interest expense
5

 
91

 
147

 
(1
)
 
242

Other accrued expenses
122

 
151

 
295

 

 
568

Current liabilities held-for-sale

 
2

 

 

 
2

Other current liabilities
192

 
187

 
7

 

 
386

     Total current liabilities
2,210

 
3,968

 
(422
)
 
(1,381
)
 
4,375

Other Liabilities
 
 
 
 
 
 
 
 
 
Long-term debt and capital leases
302

 
10,496

 
8,185

 

 
18,983

Nuclear decommissioning reserve
326

 

 

 

 
326

Nuclear decommissioning trust liability
283

 

 

 

 
283

Postretirement and other benefit obligations
236

 
200

 
152

 

 
588

Deferred income taxes
179

 
(1,088
)
 
928

 

 
19

Derivative instruments
301

 
224

 

 
(32
)
 
493

Out-of-market contracts
95

 
1,051

 

 

 
1,146

Non-current liabilities held-for-sale

 
4

 

 

 
4

Other non-current liabilities
318

 
535

 
47

 

 
900

     Total non-current liabilities
2,040

 
11,422

 
9,312

 
(32
)
 
22,742

Total Liabilities
4,250

 
15,390

 
8,890

 
(1,413
)
 
27,117

2.822% Preferred Stock

 

 
302

 

 
302

Redeemable noncontrolling interest in subsidiaries

 
29

 

 

 
29

Stockholders' Equity
7,238

 
9,299

 
3,156

 
(14,259
)
 
5,434

Total Liabilities and Stockholders' Equity
$
11,488

 
$
24,718

 
$
12,348

 
$
(15,672
)
 
$
32,882

(a)
All significant intercompany transactions have been eliminated in consolidation.

214