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SEC Filing Details

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

Cash Flow Discussion
2017 compared to 2016
The following table reflects the changes in cash flows for the comparative years:
 
Year ended December 31,
(In millions)
2017
 
2016
 
Change
Net cash provided by operating activities
$
1,387

 
$
2,088

 
$
(701
)
Net cash used by investing activities
(1,066
)
 
(792
)
 
(274
)
Net cash used by financing activities
(485
)
 
(915
)
 
430

Net Cash Provided By Operating Activities
Changes to net cash provided by operating activities were driven by:
 
(In millions)
Changes in cash collateral in support of risk management activities due to changes in commodity prices
$
(478
)
Other changes in working capital
(284
)
Decrease in operating income adjusted for non-cash items
(172
)
Increase in accounts receivable due to the timing of cash receipts
(92
)
Decrease in prepaid expenses and total current assets due to reduced spending
56

Decrease in inventory as a result of initiatives related to the Transformation Plan
72

Cash provided by discontinued operations
81

Increase in accounts payable as a result of initiatives related to the Transformation Plan
116

 
$
(701
)
 Net Cash Used By Investing Activities
Changes to net cash used by investing activities were driven by:
 
(In millions)
Change in discontinued operations cash primarily related to the sale of the Aurora, Shelby and Seward in 2016
$
(350
)
Decrease in capital expenditures related to environmental projects at Powerton and Joliet, as well as a decrease in maintenance capital expense in our generation businesses, offset by an increase in growth capital expenditures related to our solar and repowering projects
(135
)
Decrease in cash grants received in 2017
(28
)
Increase in other investments
(17
)
Increase in investments in unconsolidated affiliates related primarily to investments in the utility-scale solar portfolio
(17
)
Other
(6
)
Proceeds from sale of assets
14

Net increase in nuclear decommissioning trust fund activity due to a decrease in purchases of securities
30

Proceeds from sale of emissions allowances
67

Decrease in cash paid for acquisitions in 2017 compared to 2016 primarily due to acquisition of assets from SunEdison in 2016
168

 
 
 
$
(274
)

99