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SEC Filing Details

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

Recurring Fair Value Measurements
Debt securities, equity securities, and trust fund investments, which are comprised of various U.S. debt and equity securities, and derivative assets and liabilities, are carried at fair market value.
The following tables present assets and liabilities measured and recorded at fair value on the Company's consolidated balance sheets on a recurring basis and their level within the fair value hierarchy:
 
As of December 31, 2017
 
Fair Value
 
Total
 
Level 1
 
Level 2
 
Level 3
 
(In millions)
Investments in securities (classified within other non-current assets):
 
 
 
 
 
 
 
Debt securities
$
19

 
$

 
$

 
$
19

Available-for-sale securities
3

 
3

 

 

Nuclear trust fund investments:
 
 
 
 
 
 
 
Cash and cash equivalents
47

 
45

 
2

 

U.S. government and federal agency obligations
43

 
42

 
1

 

Federal agency mortgage-backed securities
82

 

 
82

 

Commercial mortgage-backed securities
14

 

 
14

 

Corporate debt securities
99

 

 
99

 

Equity securities
334

 
334

 

 

Foreign government fixed income securities
5

 

 
5

 

Other trust fund investments:
 
 
 
 
 
 
 
U.S. government and federal agency obligations
1

 
1

 

 

Derivative assets:
 
 
 
 
 
 
 
Commodity contracts
745

 
191

 
509

 
45

Interest rate contracts
53

 

 
53

 

Measured using net asset value practical expedient:
 
 
 
 
 
 
 
Equity securities
68

 
 
 
 
 
 
Total assets
$
1,513

 
$
616

 
$
765

 
$
64

Derivative liabilities:
 
 
 
 
 
 
 
Commodity contracts
$
693

 
$
257

 
$
359

 
$
77

Interest rate contracts
59

 

 
59

 

Total liabilities
$
752

 
$
257

 
$
418

 
$
77



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