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SEC Filing Details

10-K
NRG ENERGY, INC. filed this Form 10-K on 03/01/2018
Entire Document
 

2016 compared to 2015
The following table reflects the changes in cash flows for the comparative years:
 
Year ended December 31,
(In millions)
2016
 
2015
 
Change
Net cash provided by operating activities
$
2,088

 
$
1,349

 
$
739

Net cash used by investing activities
(792
)
 
(1,528
)
 
736

Net cash used by financing activities
(915
)
 
(432
)
 
(483
)
Net Cash Provided By Operating Activities
Changes to net cash provided by operating activities were driven by:
 
(In millions)
Change in cash collateral in support of risk management activities
$
766

Decrease in accounts payable primarily related to lower operations and maintenance expense in 2016
141

Decrease in inventory primarily related to plant fuel conversions at Joliet and Unit 2 at the Big Cajun II facility and deactivations of the Huntley and Dunkirk facilities
130

Other changes in working capital driven by various timing differences
54

Cash used by discontinued operations
(181
)
Increase in accounts receivable due to timing of receipts
(120
)
Decrease in accrued interest primarily driven by redemption of Senior Notes in late 2015 and 2016
(27
)
Increase in prepaid expense primarily related to timing of property tax and insurance payments that occurred in the first half of the year, and state tax receivables
(23
)
Decrease in operating income adjusted for non-cash items
(1
)
 
$
739

 Net Cash Used By Investing Activities
Changes to net cash used by investing activities were driven by:
 
(In millions)
Cash provided by discontinued operations
$
556

Decrease in investments in unconsolidated affiliates in 2016 compared to 2015, primarily related to the 25% investment in Desert Sunlight of $285 million, as well as, Petra Nova and Altenex in 2015
361

Proceeds from the sale of assets related to the majority interest sale of EVgo and the sale of real property at the Potrero generating station in 2016
72

Decrease in capital expenditures, primarily related to environmental projects at the Powerton and Joliet facilities
53

Insurance proceeds primarily related to the Cottonwood generation station outage in 2016
27

Increase in cash paid for acquisitions in 2016 compared to 2015
(178
)
Decrease in cash grants received as the final Ivanpah cash grant amount was received in 2015 after resolution of all open inquiries
(46
)
Net decrease in nuclear decommissioning trust fund activity due to increase in purchases of securities in Q4 2016
(43
)
Net decrease in emission allowances activity
(42
)
Other
(24
)
 
$
736


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