Financing Receivables (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of Financial Receivables [Line Items]

Schedule Of Credit Risk Profile Based On Payment Activity

The following table reflects the outstanding loans by class of customer, none of which are considered “non-performing.”




Outstanding Loans by Class of Customer
	As of		As of
Consumer Loans	March 31, 2017		December 31, 2016
	Millions
Commercial/Industrial	$	168	$	164
Residential	11		11
Total	$	179	$	175

Energy Holdings [Member]

Schedule of Financial Receivables [Line Items]

Schedule Of Gross And Net Lease Investment

The following table shows Energy Holdings’ gross and net lease investment as of March 31, 2017 and December 31, 2016, respectively.




	As of			As of
	March 31, 2017			December 31, 2016
	Millions
Lease Receivables (net of Non-Recourse Debt)	$	574		$	629
Estimated Residual Value of Leased Assets	346			346
Total Investment in Rental Receivables	920			975
Unearned and Deferred Income	(324		)	(326		)
Gross Investment in Leases	596			649
Deferred Tax Liabilities	(640		)	(674		)
Net Investment in Leases	$	(44	)	$	(25	)

Schedule Of Lease Receivables, Net Of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based On Counterparty Credit Rating

The corresponding receivables associated with the lease portfolio are reflected in the following table, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.




	Lease Receivables, Net of Non-Recourse Debt
Counterparties’ Credit Rating Standard & Poor’s (S&P) as of March 31, 2017
	As of March 31, 2017
	Millions
AA	$	16
BBB+ — BBB-	316
BB-	133
CCC-	109
Total	$	574

Schedule Of Assets Under Lease Receivables

A more detailed description of such assets under lease, as of March 31, 2017, is presented in the following table.




Asset	Location	Gross Investment		% Owned		Total MW	Fuel Type	Counterparties’ S&P Credit Ratings	Counterparty
		Millions
Powerton Station Units 5 and 6	IL	$	134	64	%	1,538	Coal	BB-	NRG Energy, Inc.
Joliet Station Units 7 and 8	IL	$	83	64	%	1,036	Gas	BB-	NRG Energy, Inc.
Keystone Station Units 1 and 2	PA	$	26	17	%	1,711	Coal	CCC- (A)	REMA
Conemaugh Station Units 1 and 2	PA	$	29	17	%	1,711	Coal	CCC- (A)	REMA
Shawville Station Units 1, 2, 3 and 4	PA	$	99	100	%	596	Gas	CCC- (A)	REMA

(A)

REMA’s parent company, GenOn Energy Inc. (GenOn), reported in August 2016 that GenOn did not expect to have sufficient liquidity to repay its senior unsecured notes due in June 2017. In January 2017, S&P further lowered its corporate credit rating on GenOn and its affiliates (including REMA) to “CCC-” from “CCC” reflecting the primary credit concern of the near-term maturity of GenOn’s senior unsecured notes in June 2017 and expressed a negative outlook reflecting the continuing pressure on financial measures. In October 2016, Moody’s downgraded the GenOn Corporate Family Rating to “Caa3” to reflect its high debt burden relative to cash flow.