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Condensed Consolidating Financial Information (Tables)
12 Months Ended
Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of Guarantor Subsidiaries
Unless otherwise noted below, each of the following guarantor subsidiaries fully and unconditionally guaranteed the Senior Notes as of December 31, 2013:
Ace Energy, Inc.
Middletown Power LLC
NRG Oswego Harbor Power Operations Inc.
Allied Warranty LLC
Montville Power LLC
NRG PacGen Inc.
Allied Home Warranty GP LLC
NEO Corporation
NRG Power Marketing LLC
Arthur Kill Power LLC
NEO Freehold-Gen LLC
NRG Reliability Solutions LLC
Astoria Gas Turbine Power LLC
NEO Power Services Inc.
NRG Renter's Protection LLC
BidURenergy, Inc.
New Genco GP, LLC
NRG Retail LLC
Cabrillo Power I LLC
Norwalk Power LLC
NRG Retail Northeast LLC
Cabrillo Power II LLC
NRG Affiliate Services Inc.
NRG Rockford Acquisition LLC
Carbon Management Solutions LLC
NRG Artesian Energy LLC
NRG Saguaro Operations Inc.
Clean Edge Energy LLC
NRG Arthur Kill Operations Inc.
NRG Security LLC
Conemaugh Power LLC
NRG Astoria Gas Turbine Operations Inc.
NRG Services Corporation
Connecticut Jet Power LLC
NRG Bayou Cove LLC
NRG SimplySmart Solutions LLC
Cottonwood Development LLC
NRG Cabrillo Power Operations Inc.
NRG South Central Affiliate Services Inc.
Cottonwood Energy Company LP
NRG California Peaker Operations LLC
NRG South Central Generating LLC
Cottonwood Generating Partners I LLC
NRG Cedar Bayou Development Company, LLC
NRG South Central Operations Inc.
Cottonwood Generating Partners II LLC
NRG Connecticut Affiliate Services Inc.
NRG South Texas LP
Cottonwood Generating Partners III LLC
NRG Construction LLC
NRG Texas C&I Supply LLC
Cottonwood Technology Partners LP
NRG Curtailment Solutions LLC
NRG Texas Gregory LLC
Devon Power LLC
NRG Development Company Inc.
NRG Texas Holding Inc.
Dunkirk Power LLC
NRG Devon Operations Inc.
NRG Texas LLC
Eastern Sierra Energy Company LLC
NRG Dispatch Services LLC
NRG Texas Power LLC
El Segundo Power, LLC
NRG Dunkirk Operations Inc.
NRG Unemployment Protection LLC
El Segundo Power II LLC
NRG El Segundo Operations Inc.
NRG Warranty Services LLC
Elbow Creek Wind Project LLC
NRG Energy Labor Services LLC
NRG West Coast LLC
Energy Alternatives Wholesale, LLC
NRG Energy Services Group LLC
NRG Western Affiliate Services Inc.
Energy Curtailment Specialists, Inc.
NRG Energy Services International Inc.
O'Brien Cogeneration, Inc. II
Energy Plus Holdings LLC
NRG Energy Services LLC
ONSITE Energy, Inc.
Energy Plus Natural Gas LLC
NRG Generation Holdings, Inc.
Oswego Harbor Power LLC
Energy Protection Insurance Company
NRG Home & Business Solutions LLC
RE Retail Receivables, LLC
Everything Energy LLC
NRG Home Solutions LLC
Reliant Energy Northeast LLC
GCP Funding Company, LLC
NRG Home Solutions Product LLC
Reliant Energy Power Supply, LLC
Green Mountain Energy Company
NRG Homer City Services LLC
Reliant Energy Retail Holdings, LLC
Green Mountain Energy Company
NRG Huntley Operations Inc.
Reliant Energy Retail Services, LLC
  (NY Com) LLC
NRG Identity Protect LLC
RERH Holdings LLC
Green Mountain Energy Company
NRG Ilion Limited Partnership
Saguaro Power LLC
  (NY Res) LLC
NRG Ilion LP LLC
Somerset Operations Inc.
Gregory Partners, LLC
NRG International LLC
Somerset Power LLC
Gregory Power Partners LLC
NRG Maintenance Services LLC
Texas Genco Financing Corp.
Huntley Power LLC
NRG Mextrans Inc.
Texas Genco GP, LLC
Independence Energy Alliance LLC
NRG MidAtlantic Affiliate Services Inc.
Texas Genco Holdings, Inc.
Independence Energy Group LLC
NRG Middletown Operations Inc.
Texas Genco LP, LLC
Independence Energy Natural Gas LLC
NRG Montville Operations Inc.
Texas Genco Operating Services, LLC
Indian River Operations Inc.
NRG New Jersey Energy Sales LLC
Texas Genco Services, LP
Indian River Power LLC
NRG New Roads Holdings LLC
US Retailers LLC
Keystone Power LLC
NRG North Central Operations Inc.
Vienna Operations Inc.
Langford Wind Power, LLC
NRG Northeast Affiliate Services Inc.
Vienna Power LLC
Lone Star A/C & Appliance Repairs, LLC
NRG Norwalk Harbor Operations Inc.
WCP (Generation) Holdings LLC
Louisiana Generating LLC
NRG Operating Services, Inc.
West Coast Power LLC
Meriden Gas Turbines LLC
 
 
Condensed Consolidating Statement of Operations
NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
For the Year Ended December 31, 2013
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
(Note Issuer)
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
Operating Revenues
 
 
 
 
 
 
 
 
 
Total operating revenues
$
8,223

 
$
3,211

 
$

 
$
(139
)
 
$
11,295

Operating Costs and Expenses
 
 
 
 
 
 
 
 
 
Cost of operations
6,150

 
2,104

 

 
(133
)
 
8,121

Depreciation and amortization
837

 
407

 
12

 


 
1,256

Impairment losses
459

 

 

 

 
459

Selling, general and administrative
446

 
230

 
234

 
(6
)
 
904

Acquisition-related transaction and integration costs

 
70

 
58

 

 
128

Development activity expenses

 
34

 
50

 

 
84

Total operating costs and expenses
7,892

 
2,845

 
354

 
(139
)
 
10,952

Operating Income/(Loss)
331

 
366

 
(354
)
 

 
343

Other Income/(Expense)
 
 
 
 
 
 
 
 
 
Equity in earnings/(losses) of consolidated subsidiaries
(67
)
 
(14
)
 
221

 
(140
)
 

Equity in earnings/(losses) of unconsolidated affiliates
(11
)
 
22

 

 
(4
)
 
7

Impairment charge on investment

 
(99
)
 


 

 
(99
)
Other income, net
6

 
11

 
(2
)
 
(2
)
 
13

Loss on debt extinguishment


 
(12
)
 
(38
)
 

 
(50
)
Interest expense
(24
)
 
(318
)
 
(506
)
 

 
(848
)
Total other income/(expense)
(96
)
 
(410
)
 
(325
)
 
(146
)
 
(977
)
Income/(Loss) Before Income Taxes
235

 
(44
)
 
(679
)
 
(146
)
 
(634
)
Income tax expense/(benefit)
114

 
(89
)
 
(307
)
 

 
(282
)
Net Income  
121

 
45

 
(372
)
 
(146
)
 
(352
)
Less: Net income attributable to noncontrolling interest

 
27

 
13

 
(6
)
 
34

Net Income attributable to NRG Energy, Inc
$
121

 
$
18

 
$
(385
)
 
$
(140
)
 
$
(386
)
(a)
All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
For the Year Ended December 31, 2012
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
(Note Issuer)
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
Operating Revenues
 
 
 
 
 
 
 
 
 
Total operating revenues
$
7,998

 
$
509

 
$

 
$
(85
)
 
$
8,422

Operating Costs and Expenses
 
 
 
 
 
 
 
 
 
Cost of operations
5,916

 
300

 

 
(76
)
 
6,140

Depreciation and amortization
860

 
79

 
11

 

 
950

Selling, general and administrative
466

 
45

 
307

 
(11
)
 
807

Acquisition-related transactions and integration costs

 
53

 
54

 

 
107

Development activity expense

 
32

 
36

 

 
68

Total operating costs and expenses
7,242

 
509

 
408

 
(87
)
 
8,072

Operating Income/(Loss)
756

 

 
(408
)
 
2

 
350

Other (Expense)/Income
 
 
 
 
 
 
 
 
 
Equity in earnings/(losses) of consolidated subsidiaries
30

 
(15
)
 
620

 
(635
)
 

Equity in earnings/(losses) of unconsolidated affiliates
8

 
31

 
(2
)
 

 
37

Bargain purchase gain related to GenOn acquisition

 

 
296

 

 
296

Impairment charge on investment
(2
)
 

 

 

 
(2
)
Other income, net
6

 
6

 
9

 
(2
)
 
19

Loss on debt extinguishment

 

 
(51
)
 

 
(51
)
Interest expense
(26
)
 
(90
)
 
(545
)
 

 
(661
)
Total other income/(expense)
16

 
(68
)
 
327

 
(637
)
 
(362
)
Income/(Loss) Before Income Taxes
772

 
(68
)
 
(81
)
 
(635
)
 
(12
)
Income tax expense/(benefit)
237

 
(188
)
 
(376
)
 

 
(327
)
Net Income
$
535

 
$
120

 
$
295

 
$
(635
)
 
$
315

Less: Net income attributable to noncontrolling interest

 
20

 

 

 
20

Net Income attributable to NRG Energy, Inc
$
535

 
$
100

 
$
295

 
$
(635
)
 
$
295

(a)
All significant intercompany transactions have been eliminated in consolidation.
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
Operating Revenues
 
 
 
 
 
 
 
 
 
Total operating revenues
$
8,730

 
$
381

 
$

 
$
(32
)
 
$
9,079

Operating Costs and Expenses
 
 
 
 
 
 
 
 
 
Cost of operations
6,489

 
277

 

 
(21
)
 
6,745

Depreciation and amortization
843

 
40

 
13

 

 
896

Impairment losses
160

 

 

 

 
160

Selling, general and administrative
334

 
4

 
252

 
(4
)
 
586

Development activity expenses

 
11

 
46

 

 
57

Total operating costs and expenses
7,826

 
332

 
311

 
(25
)
 
8,444

Operating Income/(Loss)
904

 
49

 
(311
)
 
(7
)
 
635

Other Income
 
 
 
 
 
 
 
 
 
Equity in earnings/(losses) of consolidated subsidiaries
24

 
(7
)
 
593

 
(610
)
 

Equity in earnings of unconsolidated affiliates
10

 
25

 

 

 
35

Impairment charge on investment
(495
)
 

 

 

 
(495
)
Other income, net
2

 
13

 
4

 

 
19

Loss on debt extinguishment

 

 
(175
)
 

 
(175
)
Interest expense
(59
)
 
(56
)
 
(550
)
 

 
(665
)
Total other expense
(518
)
 
(25
)
 
(128
)
 
(610
)
 
(1,281
)
Income/(Loss) Before Income Taxes
386

 
24

 
(439
)
 
(617
)
 
(646
)
Income tax (benefit)/expense
(214
)
 
7

 
(636
)
 

 
(843
)
Net Income attributable to NRG Energy, Inc
$
600

 
$
17

 
$
197

 
$
(617
)
 
$
197

(a)
All significant intercompany transactions have been eliminated in consolidation.
Condensed Consolidating Statements of Comprehensive Income
NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
For the Year Ended December 31, 2013
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
NRG Energy, Inc.
(Note Issuer)
 
Eliminations(a)
 
Consolidated Balance
 
(In millions)
Net Income
$
121

 
$
45

 
$
(372
)
 
$
(146
)
 
$
(352
)
Other comprehensive (loss)/income, net of tax

 

 

 

 
 
Unrealized loss on derivatives, net
(71
)
 
50

 
120

 
(91
)
 
8

Foreign currency translation adjustments, net

 
(20
)
 
(4
)
 

 
(24
)
Available-for-sale securities, net

 

 
3

 

 
3

Defined benefit plan, net
75

 
63

 
30

 

 
168

Other comprehensive loss
4

 
93

 
149

 
(91
)
 
155

Comprehensive income
125

 
138

 
(223
)
 
(237
)
 
(197
)
Less: Comprehensive income attributable to noncontrolling interest

 
27

 
13

 
(6
)
 
34

Comprehensive income attributable to NRG Energy, Inc.
125

 
111

 
(236
)
 
(231
)
 
(231
)
Dividends for preferred shares

 

 
9

 

 
9

Comprehensive income available for common stockholders
$
125

 
$
111

 
$
(245
)
 
$
(231
)
 
$
(240
)
(a)
All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
For the Year Ended December 31, 2012
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
NRG Energy, Inc.
(Note Issuer)
 
Eliminations(a)
 
Consolidated Balance
 
(In millions)
Net Income
$
535

 
$
120

 
$
295

 
$
(635
)
 
$
315

Other comprehensive income/(loss), net of tax

 

 

 

 
 
Unrealized loss on derivatives, net
(160
)
 
(30
)
 
(214
)
 
241

 
(163
)
Foreign currency translation adjustments, net

 
(2
)
 
1

 

 
(1
)
Reclassification adjustment for translation loss realized upon sale of Schkopau, net

 
(11
)
 

 

 
(11
)
Available-for-sale securities, net

 

 
3

 

 
3

Defined benefit plan, net
(38
)
 

 
(14
)
 

 
(52
)
Other comprehensive loss
(198
)
 
(43
)
 
(224
)
 
241

 
(224
)
Comprehensive income
337

 
77

 
71

 
(394
)
 
91

Less: Comprehensive income attributable to noncontrolling interest

 
20

 

 

 
20

Comprehensive income attributable to NRG Energy, Inc.
337

 
57

 
71

 
(394
)
 
71

Dividends for preferred shares

 

 
9

 

 
9

Comprehensive income available for common stockholders
$
337

 
$
57

 
$
62

 
$
(394
)
 
$
62

(a)
All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)
For the Year Ended December 31, 2011
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
NRG Energy, Inc.
(Note Issuer)
 
Eliminations(a)
 
Consolidated Balance
 
(In millions)
Net Income
$
600

 
$
17

 
$
197

 
$
(617
)
 
$
197

Other comprehensive income/(loss), net of tax

 

 

 

 
 
Unrealized loss on derivatives, net
(303
)
 
(27
)
 
(345
)
 
366

 
(309
)
Foreign currency translation adjustments, net

 
(2
)
 

 

 
(2
)
Available-for-sale securities, net

 

 
(1
)
 

 
(1
)
Defined benefit plan, net
(34
)
 

 
(12
)
 

 
(46
)
Other comprehensive loss
(337
)
 
(29
)
 
(358
)
 
366

 
(358
)
Comprehensive income/(loss) attributable to NRG Energy, Inc.
263

 
(12
)
 
(161
)
 
(251
)
 
(161
)
Dividends for preferred shares

 

 
9

 

 
9

Comprehensive income/(loss) available for common stockholders
$
263

 
$
(12
)
 
$
(170
)
 
$
(251
)
 
$
(170
)
(a)
All significant intercompany transactions have been eliminated in consolidation.
Condensed Consolidating Balance Sheets
NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
December 31, 2013
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
 
Eliminations (a)
 
Consolidated Balance
 
(In millions)
ASSETS
 
 
 
 
 
 
 
 
 
Current Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
56

 
$
870

 
$
1,328

 
$

 
$
2,254

Funds deposited by counterparties
7

 
56

 

 

 
63

Restricted cash
12

 
252

 
4

 

 
268

Accounts receivable - trade, net
965

 
249

 

 

 
1,214

Inventory
436

 
462

 

 

 
898

Derivative instruments
866

 
470

 

 
(8
)
 
1,328

Deferred income taxes

 
41

 
217

 

 
258

Cash collateral paid in support of energy risk management activities
214

 
62

 

 

 
276

Renewable energy grant receivable

 
539

 

 

 
539

Prepayments and other current assets
4,778

 
379

 
(3,802
)
 
(857
)
 
498

Total current assets
7,334

 
3,380

 
(2,253
)
 
(865
)
 
7,596

Net Property, Plant and Equipment
9,116

 
10,604

 
153

 
(22
)
 
19,851

Other Assets
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
32

 
422

 
18,266

 
(18,720
)
 

Equity investments in affiliates
(30
)
 
583

 


 
(100
)
 
453

Notes receivable, less current portion

 
62

 
105

 
(94
)
 
73

Goodwill
1,973

 
12

 

 

 
1,985

Intangible assets, net
925

 
232

 
4

 
(21
)
 
1,140

Nuclear decommissioning trust fund
551

 


 

 

 
551

Deferred income taxes

 
681

 
521

 

 
1,202

Derivative instruments
110

 
202

 

 
(1
)
 
311

Other non-current assets
76

 
281

 
383

 

 
740

Total other assets
3,637

 
2,475

 
19,279

 
(18,936
)
 
6,455

Total Assets
$
20,087

 
$
16,459

 
$
17,179

 
$
(19,823
)
 
$
33,902

LIABILITIES AND STOCKHOLDERS' EQUITY
 
 
 
 
 
 
 
 
 
Current Liabilities
 
 
 
 
 
 
 
 
 
Current portion of long-term debt and capital leases
$
1

 
$
1,029

 
$
20

 
$

 
$
1,050

Accounts payable
652

 
352

 
34

 

 
1,038

Accounts payable - affiliate
1,350

 
760

 
(1,253
)
 
(857
)
 

Derivative instruments
859

 
204

 

 
(8
)
 
1,055

Deferred income taxes

 

 

 

 

Cash collateral received in support of energy risk management activities
6

 
57

 

 

 
63

Accrued expenses and other current liabilities
297

 
410

 
291

 

 
998

Total current liabilities
3,165

 
2,812

 
(908
)
 
(865
)
 
4,204

Other Liabilities
 
 
 
 
 
 
 
 
 
Long-term debt and capital leases
317

 
7,837

 
7,707

 
(94
)
 
15,767

Nuclear decommissioning reserve
294

 

 

 

 
294

Nuclear decommissioning trust liability
324

 

 

 

 
324

Postretirement and other benefit obligations
218

 
194

 
94

 

 
506

Deferred income taxes
1,024

 
(1,002
)
 

 

 
22

Derivative instruments
147

 
49

 

 
(1
)
 
195

Out-of-market contracts
127

 
1,050

 

 

 
1,177

Other non-current liabilities
194

 
421

 
80

 

 
695

Total non-current liabilities
2,645

 
8,549

 
7,881

 
(95
)
 
18,980

Total liabilities
5,810

 
11,361

 
6,973

 
(960
)
 
23,184

3.625% Preferred Stock


 


 
249

 


 
249

Stockholders' Equity
14,277

 
5,098

 
9,957

 
(18,863
)
 
10,469

Total Liabilities and Stockholders' Equity
$
20,087

 
$
16,459

 
$
17,179

 
$
(19,823
)
 
$
33,902

(a)
All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
December 31, 2012
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
ASSETS
 
 
 
 
 
 
 
 
 
Current Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
78

 
$
1,258

 
$
751

 
$

 
$
2,087

Funds deposited by counterparties
131

 
140

 

 

 
271

Restricted cash
11

 
196

 
10

 

 
217

Accounts receivable - trade, net
807

 
254

 

 

 
1,061

Inventory
472

 
431

 

 

 
903

Derivative instruments
2,058

 
604

 

 
(18
)
 
2,644

Deferred income taxes
(153
)
 
10

 
199

 

 
56

Cash collateral paid in support of energy risk management activities
81

 
148

 

 

 
229

Renewable energy grant receivable

 
58

 

 

 
58

Prepayments and other current assets
2,966

 
(12
)
 
(2,518
)
 
10

 
446

Total current assets
6,451

 
3,087

 
(1,558
)
 
(8
)
 
7,972

Net Property, Plant and Equipment
9,905

 
10,147

 
121

 
(20
)
 
20,153

Other Assets
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
244

 
(102
)
 
17,565

 
(17,707
)
 

Equity investments in affiliates
33

 
633

 
10

 

 
676

Notes receivable, less current portion
3

 
74

 
531

 
(529
)
 
79

Goodwill
1,944

 
12

 

 

 
1,956

Intangible assets, net
1,042

 
187

 
33

 
(52
)
 
1,210

Nuclear decommissioning trust fund
473

 

 

 

 
473

Deferred income taxes
(915
)
 
1,886

 
232

 

 
1,203

Derivative instruments
149

 
515

 

 
(2
)
 
662

Other non-current assets
85

 
304

 
210

 

 
599

Total other assets
3,058

 
3,509

 
18,581

 
(18,290
)
 
6,858

Total Assets
$
19,414

 
$
16,743

 
$
17,144

 
$
(18,318
)
 
$
34,983

LIABILITIES AND STOCKHOLDERS' EQUITY
 
 
 
 
 
 
 
 
 
Current Liabilities
 
 
 
 
 
 
 
 
 
Current portion of long-term debt and capital leases
$
1

 
$
137

 
$
15

 
$
(6
)
 
$
147

Accounts payable
541

 
585

 
46

 

 
1,172

Accounts payable - affiliate
(55
)
 
1,421

 
(1,366
)
 

 

Derivative instruments
1,726

 
271

 
2

 
(18
)
 
1,981

Cash collateral received in support of energy risk management activities
131

 
140

 

 

 
271

Accrued expenses and other current liabilities
354

 
502

 
243

 

 
1,099

Total current liabilities
2,698

 
3,056

 
(1,060
)
 
(24
)
 
4,670

Other Liabilities
 
 
 
 
 
 
 
 
 
Long-term debt and capital leases
310

 
8,459

 
7,496

 
(529
)
 
15,736

Nuclear decommissioning reserve
354

 

 

 

 
354

Nuclear decommissioning trust liability
273

 

 

 

 
273

Postretirement and other benefit obligations
431

 
326

 
46

 

 
803

Deferred income taxes

 

 
55

 

 
55

Derivative instruments
312

 
190

 

 
(2
)
 
500

Out-of-market commodity contracts
180

 
1,129

 

 
(31
)
 
1,278

Other non-current liabilities
187

 
520

 
89

 

 
796

Total non-current liabilities
2,047

 
10,624

 
7,686

 
(562
)
 
19,795

Total liabilities
4,745

 
13,680

 
6,626

 
(586
)
 
24,465

3.625% Preferred Stock

 

 
249

 

 
249

Stockholders' Equity
14,669

 
3,063

 
10,269

 
(17,732
)
 
10,269

Total Liabilities and Stockholders' Equity
$
19,414

 
$
16,743

 
$
17,144

 
$
(18,318
)
 
$
34,983

(a)
All significant intercompany transactions have been eliminated in consolidation.
Condensed Consolidating Statements of Cash Flows
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
Net Cash Provided/(Used) by Operating Activities
2,318

 
(217
)
 
(2,546
)
 
1,715

 
1,270

Cash Flows from Investing Activities
 
 
 
 
 
 
 
 
 
Intercompany loans to subsidiaries
(1,722
)
 
7

 
1,715

 

 

Acquisition of business, net of cash acquired


 
(179
)
 
(315
)
 

 
(494
)
Capital expenditures
(528
)
 
(1,413
)
 
(46
)
 

 
(1,987
)
Increase in restricted cash, net
(1
)
 
(22
)
 
1

 

 
(22
)
Decrease in restricted cash - U.S. DOE projects


 
(31
)
 
5

 

 
(26
)
Increase in notes receivable
2

 
(7
)
 
(6
)
 

 
(11
)
Proceeds from renewable energy grants


 
55

 

 

 
55

Purchases of emission allowances, net of proceeds
5

 

 

 

 
5

Investments in nuclear decommissioning trust fund securities
(514
)
 

 

 

 
(514
)
Proceeds from sales of nuclear decommissioning trust fund securities
488

 

 

 

 
488

Proceeds/(purchases) from sale of assets, net
13

 

 

 

 
13

Other
(4
)
 
(11
)
 
(20
)
 

 
(35
)
Net Cash Used by Investing Activities
(2,261
)
 
(1,601
)
 
1,334

 

 
(2,528
)
Cash Flows from Financing Activities
 
 
 
 
 
 
 
 
 
Proceeds/(payments) from intercompany loans

 

 
1,715

 
(1,715
)
 

Payment of dividends to preferred stockholders


 


 
(154
)
 

 
(154
)
Payments of intercompany dividends

 

 

 

 

Payment for treasury stock

 

 
(25
)
 

 
(25
)
Payments for settlement of acquired derivatives that include financing elements
(79
)
 
346

 

 

 
267

Proceeds from issuance of long-term debt

 
1,292

 
485

 

 
1,777

Sale proceeds and other contributions from noncontrolling interests in subsidiaries

 
531

 

 

 
531

Proceeds from issuance of common stock

 

 
16

 

 
16

Payment of debt issuance and hedging costs

 
(21
)
 
(29
)
 

 
(50
)
Payments for short and long-term debt

 
(716
)
 
(219
)
 

 
(935
)
Net Cash (Used)/Provided by Financing Activities
(79
)
 
1,432

 
1,789

 
(1,715
)
 
1,427

Effect of exchange rate changes on cash and cash equivalents

 
(2
)
 

 

 
(2
)
Net Increase/(decrease) in Cash and Cash Equivalents
(22
)
 
(388
)
 
577

 

 
167

Cash and Cash Equivalents at Beginning of Period
78

 
1,258

 
751

 

 
2,087

Cash and Cash Equivalents at End of Period
$
56

 
$
870

 
$
1,328

 
$

 
$
2,254

(a)
All significant intercompany transactions have been eliminated in consolidation.
NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the Year Ended December 31, 2012
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
 
Eliminations (a)
 
Consolidated
Balance
 
(In millions)
Cash Flows from Operating Activities
 
 
 
 
 
 
 
 
 
Net Cash Provided/Used by Operating Activities
2,163

 
66

 
(902
)
 
(178
)
 
1,149

Cash Flows from Investing Activities
 
 
 
 
 
 
 
 
 
Intercompany loans to subsidiaries
(1,792
)
 
792

 

 
1,000

 

Acquisition of businesses, net of cash acquired

 
(17
)
 
(64
)
 

 
(81
)
Cash acquired in GenOn acquisition

 
983

 

 

 
983

Capital expenditures
(241
)
 
(3,091
)
 
(64
)
 

 
(3,396
)
Increase in restricted cash, net
(3
)
 
(63
)
 

 

 
(66
)
Decrease in restricted cash - U.S. DOE projects

 
121

 
43

 

 
164

Increase in notes receivable
(1
)
 
(21
)
 
(2
)
 

 
(24
)
Purchases of emission allowances, net of proceeds
(1
)
 

 

 

 
(1
)
Investments in nuclear decommissioning trust fund securities
(436
)
 

 

 

 
(436
)
Proceeds from sales of nuclear decommissioning trust fund securities
399

 

 

 

 
399

Proceeds from renewable energy grants
3

 
59

 

 

 
62

Proceeds from sale of assets, net
133

 

 
4

 

 
137

Equity investment in unconsolidated affiliate
(1
)
 
(12
)
 
(12
)
 

 
(25
)
Other
24

 

 
(2
)
 

 
22

Net Cash Used by Investing Activities
(1,916
)
 
(1,249
)
 
(97
)
 
1,000

 
(2,262
)
Cash Flows from Financing Activities
 
 
 
 
 
 
 
 
 
Proceeds from intercompany loans

 

 
1,000

 
(1,000
)
 

Payment of dividends to preferred stockholders

 

 
(50
)
 

 
(50
)
Payment of intercompany dividends
(172
)
 
(6
)
 

 
178

 

Net (payments of)/receipts from acquired derivatives that include financing elements
(83
)
 
15

 

 

 
(68
)
Proceeds from issuance of long-term debt
42

 
2,105

 
1,018

 

 
3,165

Cash proceeds from sale of noncontrolling interest in subsidiary

 
347

 

 

 
347

Payment of debt issuance and hedging costs

 
(19
)
 
(16
)
 

 
(35
)
Payments of short and long-term debt

 
(82
)
 
(1,178
)
 

 
(1,260
)
Net Cash (Used)/Provided by Financing Activities
(213
)
 
2,360

 
774

 
(822
)
 
2,099

Effect of exchange rate changes on cash and cash equivalents

 
(4
)
 

 

 
(4
)
Net Increase/(Decrease) in Cash and Cash Equivalents
34

 
1,173

 
(225
)
 

 
982

Cash and Cash Equivalents at Beginning of Period
44

 
85

 
976

 

 
1,105

Cash and Cash Equivalents at End of Period
$
78

 
$
1,258

 
$
751

 
$

 
$
2,087

(a)
All significant intercompany transactions have been eliminated in consolidation.

NRG ENERGY, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the Year Ended December 31, 2011
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
NRG Energy, Inc.
 
Elimin-ations (a)
 
Consolidated
Balance
 
(In millions)
Cash Flows from Operating Activities
 
 
 
 
 
 
 
 
 
Net Cash Provided by Operating Activities
621

 
294

 
1,620

 
(1,369
)
 
1,166

Cash Flows from Investing Activities
 
 
 
 
 
 
 
 
 
Intercompany loans to subsidiaries
796

 

 
287

 
(1,083
)
 

Investment in subsidiaries

 
(1,300
)
 

 
1,300

 

Capital expenditures
(383
)
 
(1,882
)
 
(45
)
 

 
(2,310
)
Acquisition of business, net of cash acquired

 
(115
)
 
(262
)
 

 
(377
)
Increase in restricted cash
(5
)
 
(29
)
 
(1
)
 

 
(35
)
Increase in restricted cash to support equity requirements for U.S. DOE funded projects

 
(162
)
 
(53
)
 

 
(215
)
Decrease in notes receivable

 
12

 

 

 
12

Purchases of emission allowances, net of proceeds
(19
)
 

 

 

 
(19
)
Investments in nuclear decommissioning trust fund securities
(406
)
 

 

 

 
(406
)
Proceeds from sales of nuclear decommissioning trust fund securities
385

 

 

 

 
385

Proceeds from sale of assets, net
13

 
(6
)
 

 

 
7

Equity investment in unconsolidated affiliates, net
(2
)
 
(64
)
 

 

 
(66
)
Other
(2
)
 
(8
)
 
(13
)
 

 
(23
)
Net Cash Provided/(Used) by Investing Activities
377

 
(3,554
)
 
(87
)
 
217

 
(3,047
)
Cash Flows from Financing Activities
 
 
 
 
 
 
 
 
 
(Payments of)/proceeds from intercompany loans
(1,112
)
 
825

 
(796
)
 
1,083

 

Payment of intercompany dividends
(65
)
 
(4
)
 

 
69

 

Payment for dividends to preferred stockholders

 

 
(9
)
 

 
(9
)
Payments for acquired derivatives including financing elements
(83
)
 

 

 

 
(83
)
Payment for treasury stock

 

 
(430
)
 

 
(430
)
Installment proceeds from sale of noncontrolling interest of subsidiary

 
29

 

 

 
29

Proceeds from issuance of common stock

 

 
2

 

 
2

Proceeds from issuance of long-term debt
138

 
1,290

 
4,796

 

 
6,224

Proceeds from issuance of term loan for funded letter of credit facility

 
1,300

 

 

 
1,300

Increase in restricted cash supporting funded letter of credit facility

 

 
(1,300
)
 

 
(1,300
)
Payment of debt issuance and hedging costs

 
(92
)
 
(115
)
 

 
(207
)
Payments of short and long-term debt

 
(116
)
 
(5,377
)
 

 
(5,493
)
Net Cash (Used)/Provided by Financing Activities
(1,122
)
 
3,232

 
(3,229
)
 
1,152

 
33

Effect of exchange rate changes on cash and cash equivalents

 
2

 

 

 
2

Net Decrease in Cash and Cash Equivalents
(124
)
 
(26
)
 
(1,696
)
 

 
(1,846
)
Cash and Cash Equivalents at Beginning of Period
168

 
111

 
2,672

 

 
2,951

Cash and Cash Equivalents at End of Period
$
44

 
$
85

 
$
976

 
$

 
$
1,105

(a)
All significant intercompany transactions have been eliminated in consolidation.