Supplementary Financial Information (Tables)

9 Months Ended

Sep. 30, 2015

Supplementary Financial Information [Abstract]

Schedule of Other Nonoperating Income (Expense)

Other Income and Deductions

	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Other income:
Sale of land	$	—	$	2	$	6	$	2
Mineral rights royalty income	1		1		3		3
Contract settlements	2		—		2		—
All other	1		2		4		6
Total other income	$	4	$	5	$	15	$	11
Other deductions:
Impairment of favorable purchase contracts (Note 3)	$	—	$	—	$	8	$	—
Impairment of emission allowances (Note 3)	4		—		55		—
Impairment of mining development costs (Note 3)	19		—		19		—
All other	2		5		4		8
Total other deductions	$	25	$	5	$	86	$	8

Schedule of Restricted Cash and Cash Equivalents

Restricted Cash

	September 30, 2015				December 31, 2014
	Current Assets		Noncurrent Assets		Current Assets		Noncurrent Assets
Amounts related to TCEH's DIP Facility (Note 8)	$	364	$	—	$	—	$	350
Amounts related to TCEH's pre-petition Letter of Credit Facility (Note 9) (a)	—		506		—		551
Other	—		—		2		—
Total restricted cash	$	364	$	506	$	2	$	901

____________

(a) See Note 9 for discussion of letter of credit draws in 2015 and 2014.

Schedule of Accounts, Notes, Loans and Financing Receivable

Allowance for Uncollectible Accounts Receivable

	Nine Months Ended September 30,
	2015			2014
Allowance for uncollectible accounts receivable at beginning of period	$	15		$	14
Increase for bad debt expense	29			30
Decrease for account write-offs	(28		)	(27		)
Allowance for uncollectible accounts receivable at end of period	$	16		$	17

Trade Accounts Receivable

	September 30, 2015			December 31, 2014
Wholesale and retail trade accounts receivable	$	786		$	603
Allowance for uncollectible accounts	(16		)	(15		)
Trade accounts receivable — net	$	770		$	588

Schedule of inventories by major category

Inventories by Major Category

	September 30, 2015		December 31, 2014
Materials and supplies	$	215	$	214
Fuel stock	144		215
Natural gas in storage	29		39
Total inventories	$	388	$	468

Summary of other investments

Investments

	September 30, 2015		December 31, 2014
Nuclear plant decommissioning trust	$	874	$	893
Assets related to employee benefit plans, including employee savings programs, net of distributions	1		1
Land	36		37
Miscellaneous other	8		10
Total investments	$	919	$	941

Summary of investments in the fund

	September 30, 2015
	Cost (a)		Unrealized gain		Unrealized loss			Fair market value
Debt securities (b)	$	304	$	11	$	(1	)	$	314
Equity securities (c)	289		279		(8		)	560
Total	$	593	$	290	$	(9	)	$	874

	December 31, 2014
	Cost (a)		Unrealized gain		Unrealized loss			Fair market value
Debt securities (b)	$	288	$	13	$	—		$	301
Equity securities (c)	276		320		(4		)	592
Total	$	564	$	333	$	(4	)	$	893

____________

(a) Includes realized gains and losses on securities sold.

(b) The investment objective for debt securities is to invest in a diversified tax efficient portfolio with an overall portfolio rating of AA or above as graded by S&P or Aa2 by Moody's Investors Services, Inc. The debt securities are heavily weighted with municipal bonds. The debt securities had an average coupon rate of 3.58% and 4.35% at September 30, 2015 and December 31, 2014, respectively, and an average maturity of 7 years and 6 years at September 30, 2015 and December 31, 2014, respectively.

(c) The investment objective for equity securities is to invest tax efficiently and to match the performance of the S&P 500 Index.

Summary of proceeds from sales of available-for-sale securities and the related realized gains and losses from such sales

The following table summarizes proceeds from sales of available-for-sale securities and the related realized gains and losses from such sales.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Realized gains	$	1		$	1		$	2		$	2
Realized losses	$	(2	)	$	—		$	(3	)	$	(1	)
Proceeds from sales of securities	$	242		$	165		$	315		$	250
Investments in securities	$	(247	)	$	(170	)	$	(328	)	$	(263	)

Schedule of asset retirement and mining reclamation obligations

The following table summarizes the changes to these obligations, reported in other current liabilities and other noncurrent liabilities and deferred credits in the condensed consolidated balance sheets, for the nine months ended September 30, 2015:

	Nuclear Plant Decommissioning		Mining Land Reclamation			Other			Total
Liability at December 31, 2014	$	413	$	165		$	36		$	614
Additions:
Accretion	19		15			4			38
Adjustment for new cost estimate (a)	70		—			—			70
Incremental reclamation costs (b)	—		—			59			59
Reductions:
Payments	—		(44		)	(1		)	(45		)
Liability at September 30, 2015	502		136			98			736
Less amounts due currently	—		(65		)	—			(65		)
Noncurrent liability at September 30, 2015	$	502	$	71		$	98		$	671

Schedule of other noncurrent liabilities and deferred credits

The balance of other noncurrent liabilities and deferred credits consists of the following:

	September 30, 2015		December 31, 2014
Uncertain tax positions, including accrued interest	$	54	$	74
Asset retirement and mining reclamation obligations	671		560
Unfavorable purchase and sales contracts	549		566
Nuclear decommissioning fund excess over asset retirement obligation (Note 14)	372		479
Other, including retirement and other employee benefits	21		20
Total other noncurrent liabilities and deferred credits	$	1,667	$	1,699

Schedule of estimated amortization of unfavorable purchase and sales contracts for each of the next five fiscal years

The estimated amortization of unfavorable purchase and sales contracts for each of the next five fiscal years is as follows:

Year	Amount
2015	$	24
2016	$	24
2017	$	24
2018	$	24
2019	$	24

Fair Value, by Balance Sheet Grouping

	September 30, 2015				December 31, 2014
Debt:	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Borrowings under debtor-in-possession credit facility (Note 8)	$	1,425	$	1,421	$	1,425	$	1,430
Pre-petition notes, loans and other debt reported as liabilities subject to compromise (Note 9) (a)	$	31,894	$	10,183	$	31,894	$	16,664
Long-term debt not subject to compromise, excluding capital lease obligations (Note 8)	$	58	$	66	$	76	$	79

Schedule of supplemental cash flow information

Supplemental Cash Flow Information

	Nine Months Ended September 30,
	2015			2014
Cash payments related to:
Interest paid (a)	$	976		$	938
Capitalized interest	(8		)	(14		)
Interest paid (net of capitalized interest) (a)	$	968		$	924
Reorganization items (b)	$	114		$	41
Income taxes	$	26		$	33
Noncash investing and financing activities:
Construction expenditures (c)	$	64		$	73
Contribution related to EFH Corp. stock-based compensation	$	—		$	2

____________

(a) Net of amounts received under interest rate swap agreements. This amount also includes amounts paid for adequate protection.

(b) Represents cash payments for legal and other consulting services.

(c) Represents end-of-period accruals.