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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities    
Net Income/(Loss) $ 1,056 $ 281
Income/(loss) from discontinued operations, net of income tax 399 (272)
Income/(loss) from continuing operations 657 553
Adjustments to reconcile net income to cash provided by operating activities:    
Distributions and equity earnings of unconsolidated affiliates (5) 10
Depreciation, amortization and accretion 289 364
Provision for bad debts 87 57
Amortization of nuclear fuel 40 38
Amortization of financing costs and debt discount/premiums 20 21
Loss on debt extinguishment, net 47 22
Amortization of emissions allowances and out-of-market contracts 28 21
Amortization of unearned equity compensation 15 21
Gain on sale and disposal of assets (20) (50)
Impairment losses 108 90
Changes in derivative instruments 36 (17)
Changes in deferred income taxes and liability for uncertain tax benefits (3) (6)
Changes in collateral deposits in support of energy risk management activities 129 (30)
Changes in nuclear decommissioning trust liability 27 50
GenOn settlement 0 (125)
Loss on deconsolidation of Agua Caliente and Ivanpah projects 0 13
Changes in other working capital (602) (361)
Cash provided/(used) by continuing operations 853 671
Cash provided by discontinued operations 8 396
Net Cash Provided/(Used) by Operating Activities 861 1,067
Cash Flows from Investing Activities    
Payments for acquisitions of businesses (348) (209)
Capital expenditures (183) (343)
Net proceeds from notes receivable 2 0
Net proceeds from sale of emission allowances 14 24
Investments in nuclear decommissioning trust fund securities (295) (449)
Proceeds from the sale of nuclear decommissioning trust fund securities 271 398
Proceeds from sale of assets, net of cash disposed and sale of discontinued operations, net of fees 1,293 1,555
Deconsolidation of Agua Caliente and Ivanpah projects 0 (268)
Net contributions to investments in unconsolidated affiliates (94) (39)
Contributions to discontinued operations (44) (23)
Cash (used)/provided by continuing operations 616 646
Cash used by discontinued operations (2) (705)
Net Cash (Used)/Provided by Investing Activities 614 (59)
Cash Flows from Financing Activities    
Payments of dividends to common stockholders (24) (28)
Payments for treasury stock (1,286) (1,000)
Payments for debt extinguishment costs (24) 0
Distributions to noncontrolling interests from subsidiaries (1) (17)
Proceeds from issuance of common stock 3 15
Proceeds from issuance of short and long-term debt 2,048 995
Payment of debt issuance costs (34) (19)
Payments for short and long-term debt (2,487) (970)
Receivable from affiliate 0 (26)
Other 0 (4)
Cash used by continuing operations (1,805) (1,054)
Cash provided by discontinued operations 43 403
Net Cash Used by Financing Activities (1,762) (651)
Effect of exchange rate changes on cash and cash equivalents 0 1
Change in Cash from discontinued operations 49 94
Net (Decrease)/increase in Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash (336) 264
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at Beginning of Period 613 1,086
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at End of Period $ 277 $ 1,350