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, 2014
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
ASSETS
 
 
 
 
 
 
 
 
 
Current Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
18

 
$
1,455

 
$
643

 
$

 
$
2,116

Funds deposited by counterparties
9

 
63

 

 

 
72

Restricted cash
5

 
451

 
1

 

 
457

Accounts receivable - trade, net
924

 
392

 
6

 

 
1,322

Inventory
537

 
710

 

 

 
1,247

Derivative instruments
1,657

 
1,209

 

 
(441
)
 
2,425

Cash collateral paid in support of energy risk management activities
114

 
73

 

 

 
187

Accounts receivable - affiliate
7,449

 
1,988

 
(5,991
)
 
(3,437
)
 
9

Renewable energy grant receivable

 
134

 
1

 

 
135

Prepayments and other current assets
94

 
269

 
75

 

 
438

Total current assets
10,807

 
6,744

 
(5,265
)
 
(3,878
)
 
8,408

Net Property, Plant and Equipment
8,344

 
13,877

 
171

 
(25
)
 
22,367

Other Assets
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
140

 
2,293

 
23,410

 
(25,843
)
 

Equity investments in affiliates
(18
)
 
891

 

 
(102
)
 
771

Notes receivable, less current portion
1

 
60

 
109

 
(98
)
 
72

Goodwill
1,921

 
653

 

 

 
2,574

Intangible assets, net
765

 
1,806

 
2

 
(6
)
 
2,567

Nuclear decommissioning trust fund
585

 

 

 

 
585

Derivative instruments
242

 
288

 
1

 
(51
)
 
480

Deferred income taxes
(247
)
 
722

 
1,105

 

 
1,580

Non-current assets held for sale

 
17

 

 

 
17

Other non-current assets
108

 
520

 
417

 

 
1,045

Total other assets
3,497

 
7,250

 
25,044

 
(26,100
)
 
9,691

Total Assets
$
22,648

 
$
27,871

 
$
19,950

 
$
(30,003
)
 
$
40,466

LIABILITIES AND STOCKHOLDERS' EQUITY
 
 
 
 
 
 
 
 
 
Current Liabilities
 
 
 
 
 
 
 
 
 
Current portion of long-term debt and capital leases
$
1

 
$
444

 
$
127

 
$
(98
)
 
$
474

Accounts payable
598

 
416

 
46

 

 
1,060

Accounts payable - affiliate
1,588

 
2,447

 
(598
)
 
(3,437
)
 

Derivative instruments
1,532

 
963

 

 
(441
)
 
2,054

Cash collateral received in support of energy risk management activities
9

 
63

 

 

 
72

Accrued expenses and other current liabilities
283

 
498

 
418

 

 
1,199

Total current liabilities
4,011

 
4,831

 
(7
)
 
(3,976
)
 
4,859

Other Liabilities
 
 
 
 
 
 
 
 
 
Long-term debt and capital leases
302

 
11,123

 
8,276

 

 
19,701

Nuclear decommissioning reserve
310

 

 

 

 
310

Nuclear decommissioning trust liability
333

 

 

 

 
333

Postretirement and other benefit obligations
277

 
234

 
216

 

 
727

Deferred income taxes
1,043

 
(1,012
)
 
(10
)
 

 
21

Derivative instruments
248

 
241

 

 
(51
)
 
438

Out-of-market commodity contracts
111

 
1,133

 

 

 
1,244

Other non-current liabilities
188

 
561

 
98

 

 
847

Total non-current liabilities
2,812

 
12,280

 
8,580

 
(51
)
 
23,621

Total Liabilities
6,823

 
17,111

 
8,573

 
(4,027
)
 
28,480

2.822% Preferred Stock

 

 
291

 

 
291

Redeemable noncontrolling interest in subsidiaries

 
19

 

 

 
19

Stockholders' Equity
15,825

 
10,741

 
11,086

 
(25,976
)
 
11,676

Total Liabilities and Stockholders' Equity
$
22,648

 
$
27,871

 
$
19,950

 
$
(30,003
)
 
$
40,466

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

218