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 STATEMENTS OF OPERATIONS
For the Year Ended December 31, 2014
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
(Note Issuer)
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
Operating Revenues
 
 
 
 
 
 
 
 
 
Total operating revenues
$
9,974

 
$
6,287

 
$

 
$
(393
)
 
$
15,868

Operating Costs and Expenses
 
 
 
 
 
 
 
 
 
Cost of operations
7,909

 
4,206

 
4

 
(325
)
 
11,794

Depreciation and amortization
801

 
706

 
16

 

 
1,523

Impairment losses

 
119

 

 
(22
)
 
97

Selling, general and administrative
333

 
390

 
304

 

 
1,027

Acquisition-related transactions and integration costs
3

 
15

 
66

 

 
84

Development activity expense

 
35

 
56

 

 
91

Total operating costs and expenses
9,046

 
5,471

 
446

 
(347
)
 
14,616

Gain on sale of assets

 
19

 

 

 
19

Operating Income/(Loss)
928

 
835

 
(446
)
 
(46
)
 
1,271

Other Income/(Expense)
 
 
 
 
 
 
 
 
 
Equity in earnings of consolidated subsidiaries
317

 
219

 
775

 
(1,311
)
 

Equity in earnings of unconsolidated affiliates
13

 
33

 

 
(8
)
 
38

Impairment losses on investments

 

 

 

 

Other income, net
7

 
14

 
3

 
(2
)
 
22

Gain on sale of equity-method investment

 
18

 

 

 
18

Loss on debt extinguishment

 
(9
)
 
(86
)
 

 
(95
)
Interest expense
(19
)
 
(525
)
 
(575
)
 

 
(1,119
)
Total other income/(expense)
318

 
(250
)
 
117

 
(1,321
)
 
(1,136
)
Income/(Loss) Before Income Taxes
1,246

 
585

 
(329
)
 
(1,367
)
 
135

Income tax expense/(benefit)
322

 
159

 
(478
)
 

 
3

Net Income
$
924

 
$
426

 
$
149

 
$
(1,367
)
 
$
132

Less: Net income attributable to noncontrolling interests and redeemable noncontrolling interests

 
57

 
15

 
(74
)
 
(2
)
Net Income Attributable to NRG Energy, Inc.
$
924

 
$
369

 
$
134

 
$
(1,293
)
 
$
134

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

216