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Debt and Capital Leases (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Long-term debt and capital leases
Long-term debt and capital leases consisted of the following:
(In millions, except rates)
June 30, 2017
 
December 31, 2016
 
June 30, 2017 interest rate % (a)
 
 
 
Recourse debt:
 
 
 
 
 
Senior notes, due 2018
$
398

 
$
398

 
7.625
Senior notes, due 2021
207

 
207

 
7.875
Senior notes, due 2022
992

 
992

 
6.250
Senior notes, due 2023
869

 
869

 
6.625
Senior notes, due 2024
733

 
733

 
6.250
Senior notes, due 2026
1,000

 
1,000

 
7.250
Senior notes, due 2027
1,250

 
1,250

 
6.625
Term loan facility, due 2023
1,881

 
1,891

 
L+2.25
Tax-exempt bonds
455

 
455

 
4.125 - 6.00
Subtotal NRG recourse debt
7,785

 
7,795

 

Non-recourse debt:
 
 
 
 
 
NRG Yield Operating LLC Senior Notes, due 2024
500

 
500

 
5.375
NRG Yield Operating LLC Senior Notes, due 2026
350

 
350

 
5.000
NRG Yield, Inc. Convertible Senior Notes, due 2019
345

 
345

 
3.500
NRG Yield, Inc. Convertible Senior Notes, due 2020
288

 
288

 
3.250
El Segundo Energy Center, due 2023
414

 
443

 
L+1.625 - L+2.25
Marsh Landing, due 2017 and 2023
358

 
370

 
L+1.750 - L+1.875
Alta Wind I - V lease financing arrangements, due 2034 and 2035
939

 
965

 
5.696 - 7.015
Walnut Creek, term loans due 2023
299

 
310

 
L+1.625
Utah Portfolio, due 2022
284

 
287

 
L+2.625
Tapestry, due 2021
166

 
172

 
L+1.625
CVSR, due 2037
757

 
771

 
2.339 - 3.775
CVSR HoldCo, due 2037
193

 
199

 
4.680
Alpine, due 2022
142

 
145

 
L+1.750
Energy Center Minneapolis, due 2017 and 2025
85

 
96

 
5.95 - 7.25
Energy Center Minneapolis, due 2031
125

 
125

 
3.55
Viento, due 2023
169

 
178

 
L+2.75
NRG Yield - other
569

 
540

 
various
Subtotal NRG Yield debt (non-recourse to NRG)
5,983

 
6,084

 
 
Ivanpah, due 2033 and 2038
1,108

 
1,113

 
2.285 - 4.256
Carlsbad Energy Project
345

 
—

 
4.120
Agua Caliente, due 2037
843

 
849

 
2.395 - 3.633
Agua Caliente Borrower 1, due 2038
89

 
—

 
5.430
Cedro Hill, due 2025
156

 
163

 
L+1.75
Midwest Generation, due 2019
194

 
231

 
4.390
NRG Other
622

 
468

 
various
Subtotal other NRG non-recourse debt
3,357

 
2,824

 
 
Subtotal all non-recourse debt
9,340

 
8,908

 
 
Subtotal long-term debt (including current maturities)
17,125


16,703

 
 
Capital leases
6

 
6

 
various
Subtotal long-term debt and capital leases (including current maturities)
17,131


16,709

 
 
Less current maturities
(1,042
)

(516
)
 
 
Less debt issuance costs
(208
)
 
(188
)
 
 
Discounts
(39
)
 
(48
)
 
 
Total long-term debt and capital leases
$
15,842


$
15,957

 
 
(a) As of June 30, 2017, L+ equals 3 month LIBOR plus x%, with the exception of the Utah Portfolio term loans.