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, 2015
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
(Note Issuer)
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
Operating Revenues
 
 
 
 
 
 
 
 
 
Total operating revenues
$
10,024

 
$
4,768

 
$

 
$
(118
)
 
$
14,674

Operating Costs and Expenses
 
 
 
 
 
 
 
 
 
Cost of operations
7,712

 
3,147

 
14

 
(118
)
 
10,755

Depreciation and amortization
787

 
759

 
20

 

 
1,566

Impairment losses
4,655

 
375

 

 

 
5,030

Selling, general and administrative
467

 
403

 
350

 

 
1,220

Acquisition-related transaction and integration costs
1

 
(5
)
 
14

 

 
10

Development activity expenses

 
61

 
93

 

 
154

Total operating costs and expenses
13,622

 
4,740

 
491

 
(118
)
 
18,735

Gain on postretirement benefits curtailment

 
21

 

 

 
21

Operating (Loss)/Income
(3,598
)
 
49

 
(491
)
 

 
(4,040
)
Other Income/(Expense)
 
 
 
 
 
 
 
 
 
Equity in losses of consolidated subsidiaries
(86
)
 
(29
)
 
(2,799
)
 
2,914

 

Equity in earnings of unconsolidated affiliates
8

 
37

 

 
(9
)
 
36

Impairment charge on investment

 
(25
)
 
(31
)
 

 
(56
)
Other income, net
4

 
29

 

 

 
33

Loss on sale of equity-method investment

 

 
(14
)
 

 
(14
)
Net gain on debt extinguishment

 
56

 
19

 

 
75

Interest expense
(18
)
 
(564
)
 
(546
)
 

 
(1,128
)
Total other expense
(92
)
 
(496
)
 
(3,371
)
 
2,905

 
(1,054
)
Loss Before Income Taxes
(3,690
)
 
(447
)
 
(3,862
)
 
2,905

 
(5,094
)
Income tax (benefit)/expense
(1,104
)
 
(96
)
 
2,489

 
53

 
1,342

Net Loss 
(2,586
)
 
(351
)
 
(6,351
)
 
2,852

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

 
(23
)
 
31

 
(62
)
 
(54
)
Net Loss Attributable to NRG Energy, Inc.
$
(2,586
)
 
$
(328
)
 
$
(6,382
)
 
$
2,914

 
$
(6,382
)
(a)
All significant intercompany transactions have been eliminated in consolidation.

212